JM Motor: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
JM Motor
Largest movements
- Tangible fixed assets -€11,233
down €11,233 (-88.1%), from €12,750 to €1,518
of which Furniture and vehicles: -€10,712
- Receivables within one year +€4,962
up €4,962 (+184%), from €2,697 to €7,659
of which Trade receivables: +€5,097
- Cash -€814
down €814 (-21.8%), from €3,739 to €2,925
mainly Other debts (-€8,000) and Receivables within one year (-€4,962)
- Other debts -€8,000
down €8,000 (-17.0%), from €47,034 to €39,034
- Profit (loss) carried forward +€5,855
up €5,855 (+18.6%), from -€31,550 to -€25,695
- Trade debts -€3,661
down €3,661 (-57.0%), from €6,421 to €2,760
- Tax, wage and social debts -€1,279
down €1,279 (-39.0%), from €3,282 to €2,003
of which Remuneration and social security: -€2,567
- Staff costs -€11,328
down €11,328 (-41.0%), from €27,649 to €16,320
- Gross operating margin -€2,735
down €2,735 (-8.8%), from €31,170 to €28,436
- Other operating charges -€548
no longer reported in 2024 (was €548)
From the 2023 result to the 2024 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,186 | €38,102 | -€7,084 | -15.7% |
| Fixed assets | 21/28 | €12,750 | €1,518 | -€11,233 | -88.1% |
| Tangible fixed assets | 22/27 | €12,750 | €1,518 | -€11,233 | -88.1% |
| Plant, machinery and equipment | 23 | €2,039 | €1,518 | -€521 | -25.6% |
| Furniture and vehicles | 24 | €10,712 | €0 | -€10,712 | -100% |
| Current assets | 29/58 | €32,436 | €36,585 | +€4,149 | +12.8% |
| Stocks and contracts in progress | 3 | €26,000 | €26,000 | = | 0.0% |
| Contracts in progress | 37 | €26,000 | €26,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,697 | €7,659 | +€4,962 | +184% |
| Trade receivables | 40 | €2,376 | €7,473 | +€5,097 | +215% |
| Other amounts receivable | 41 | €321 | €186 | -€135 | -42.1% |
| Cash at bank and in hand | 54/58 | €3,739 | €2,925 | -€814 | -21.8% |
| Total equity and liabilities | 10/49 | €45,186 | €38,102 | -€7,084 | -15.7% |
| Equity | 10/15 | -€11,550 | -€5,695 | +€5,855 | +50.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,550 | -€25,695 | +€5,855 | +18.6% |
| Amounts payable | 17/49 | €56,737 | €43,797 | -€12,939 | -22.8% |
| Amounts payable within one year | 42/48 | €56,737 | €43,797 | -€12,939 | -22.8% |
| Trade debts | 44 | €6,421 | €2,760 | -€3,661 | -57.0% |
| Suppliers | 440/4 | €6,421 | €2,760 | -€3,661 | -57.0% |
| Taxes, remuneration and social security | 45 | €3,282 | €2,003 | -€1,279 | -39.0% |
| Taxes | 450/3 | - | €1,289 | +€1,289 | |
| Remuneration and social security | 454/9 | €3,282 | €714 | -€2,567 | -78.2% |
| Other amounts payable | 47/48 | €47,034 | €39,034 | -€8,000 | -17.0% |
| Non-recurring operating income | 76A | - | €11,688 | +€11,688 | |
| Remuneration, social security and pensions | 62 | €27,649 | €16,320 | -€11,328 | -41.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,121 | €6,121 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €149 | +€149 | |
| Other operating charges | 640/8 | €548 | - | -€548 | |
| Gross operating margin | 9900 | €31,170 | €28,436 | -€2,735 | -8.8% |
| Operating profit (loss) | 9901 | -€3,147 | €5,845 | +€8,993 | |
| Financial income | 75/76B | €1 | €10 | +€9 | +881% |
| Recurring financial income | 75 | €1 | €10 | +€9 | +881% |
| Financial charges | 65/66B | €197 | - | -€197 | |
| Recurring financial charges | 65 | €197 | - | -€197 | |
| Profit (loss) for the period before taxes | 9903 | -€3,343 | €5,855 | +€9,198 | |
| Profit (loss) for the period | 9904 | -€3,343 | €5,855 | +€9,198 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,343 | €5,855 | +€9,198 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.