JM Services: what changed
Two fiscal 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 Services
Largest movements
- Tangible fixed assets -€35,381
down €35,381 (-26.8%), from €132,157 to €96,776
- Cash -€29,236
down €29,236 (-54.8%), from €53,347 to €24,111
mainly Debts after one year (-€37,821) and Net result for the year (-€14,260)
- Receivables within one year +€11,903
up €11,903 (+91.6%), from €12,992 to €24,895
- Debts after one year -€37,821
down €37,821 (-53.6%), from €70,534 to €32,713
- Profit (loss) carried forward -€14,259
down €14,259, from €3,215 to -€11,044
- Trade debts -€4,512
down €4,512 (-66.1%), from €6,822 to €2,310
- Other debts +€2,931
new in 2025: €2,931
- Turnover -€176,612
no longer reported in 2025 (was €176,612)
- Purchases and services -€131,692
no longer reported in 2025 (was €131,692)
- Financial income -€4,959
down €4,959 (-100.0%), from €4,959 to €0
of which Financial income: -€4,959
- Depreciation +€4,718
up €4,718 (+11.8%), from €40,130 to €44,848
- Financial charges -€3,380
down €3,380 (-50.0%), from €6,765 to €3,385
of which Non-recurring financial charges: -€2,426
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,886 | €147,521 | -€54,365 | -26.9% |
| Fixed assets | 21/28 | €132,715 | €97,093 | -€35,622 | -26.8% |
| Intangible fixed assets | 21 | €558 | €317 | -€241 | -43.2% |
| Tangible fixed assets | 22/27 | €132,157 | €96,776 | -€35,381 | -26.8% |
| Furniture and vehicles | 24 | €132,157 | €96,776 | -€35,381 | -26.8% |
| Current assets | 29/58 | €69,171 | €50,428 | -€18,743 | -27.1% |
| Amounts receivable within one year | 40/41 | €12,992 | €24,895 | +€11,903 | +91.6% |
| Trade receivables | 40 | €12,992 | €24,895 | +€11,903 | +91.6% |
| Cash at bank and in hand | 54/58 | €53,347 | €24,111 | -€29,236 | -54.8% |
| Deferred charges and accrued income | 490/1 | €2,832 | €1,422 | -€1,410 | -49.8% |
| Total equity and liabilities | 10/49 | €201,886 | €147,521 | -€54,365 | -26.9% |
| Equity | 10/15 | €78,215 | €63,956 | -€14,259 | -18.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | - | -€75,000 | |
| Issued capital | 100 | €75,000 | - | -€75,000 | |
| Profit (loss) carried forward | 14 | €3,215 | -€11,044 | -€14,259 | |
| Amounts payable | 17/49 | €123,671 | €83,565 | -€40,106 | -32.4% |
| Amounts payable after more than one year | 17 | €70,534 | €32,713 | -€37,821 | -53.6% |
| Financial debts | 170/4 | €70,534 | €32,713 | -€37,821 | -53.6% |
| Amounts payable within one year | 42/48 | €53,137 | €50,853 | -€2,284 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €36,550 | €37,821 | +€1,271 | +3.5% |
| Trade debts | 44 | €6,822 | €2,310 | -€4,512 | -66.1% |
| Suppliers | 440/4 | €6,822 | €2,310 | -€4,512 | -66.1% |
| Taxes, remuneration and social security | 45 | €9,765 | €7,791 | -€1,974 | -20.2% |
| Taxes | 450/3 | €6,637 | €7,791 | +€1,154 | +17.4% |
| Remuneration and social security | 454/9 | €3,128 | €0 | -€3,128 | -100.0% |
| Other amounts payable | 47/48 | - | €2,931 | +€2,931 | |
| Turnover | 70 | €176,612 | - | -€176,612 | |
| Non-recurring operating income | 76A | - | €198 | +€198 | |
| Goods, raw materials, services and sundry goods | 60/61 | €131,692 | - | -€131,692 | |
| Remuneration, social security and pensions | 62 | €286 | €0 | -€286 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,130 | €44,848 | +€4,718 | +11.8% |
| Other operating charges | 640/8 | €1,732 | €4,285 | +€2,553 | +147.4% |
| Non-recurring operating charges | 66A | - | €2,916 | +€2,916 | |
| Gross operating margin | 9900 | €44,920 | €41,587 | -€3,333 | -7.4% |
| Operating profit (loss) | 9901 | €2,772 | -€10,462 | -€13,234 | |
| Financial income | 75/76B | €4,959 | €0 | -€4,959 | -100.0% |
| Recurring financial income | 75 | €4,959 | €0 | -€4,959 | -100.0% |
| Non-recurring financial income | 76B | €4,959 | €0 | -€4,959 | -100.0% |
| Financial charges | 65/66B | €6,765 | €3,385 | -€3,380 | -50.0% |
| Recurring financial charges | 65 | €4,339 | €3,385 | -€954 | -22.0% |
| Non-recurring financial charges | 66B | €2,426 | €0 | -€2,426 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €966 | -€13,847 | -€14,813 | |
| Income taxes | 67/77 | €979 | €412 | -€567 | -57.9% |
| Profit (loss) for the period | 9904 | -€13 | -€14,260 | -€14,247 | -109589.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€13 | -€14,260 | -€14,247 | -109589.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.