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
- Deferred charges and accrued income +€35,000
new in 2025: €35,000
- Tangible fixed assets -€849
down €849 (-17.0%), from €4,988 to €4,139
of which Other tangible fixed assets: -€500
- Profit (loss) carried forward +€35,871
up €35,871 (+4.6%), from -€775,117 to -€739,246
- Trade debts -€597
down €597 (-91.1%), from €655 to €58
- Gross operating margin +€31,539
up €31,539 (+555.7%), from €5,675 to €37,214
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 | €18,517 | €53,539 | +€35,023 | +189.1% |
| Fixed assets | 21/28 | €4,988 | €4,139 | -€849 | -17.0% |
| Tangible fixed assets | 22/27 | €4,988 | €4,139 | -€849 | -17.0% |
| Furniture and vehicles | 24 | €1,571 | €1,222 | -€349 | -22.2% |
| Other tangible fixed assets | 26 | €3,417 | €2,917 | -€500 | -14.6% |
| Current assets | 29/58 | €13,529 | €49,400 | +€35,871 | +265.1% |
| Amounts receivable within one year | 40/41 | €13,330 | €13,803 | +€473 | +3.5% |
| Trade receivables | 40 | €13,188 | €13,410 | +€221 | +1.7% |
| Other amounts receivable | 41 | €142 | €393 | +€251 | +177.3% |
| Cash at bank and in hand | 54/58 | €199 | €597 | +€399 | +200.6% |
| Deferred charges and accrued income | 490/1 | - | €35,000 | +€35,000 | |
| Total equity and liabilities | 10/49 | €18,517 | €53,539 | +€35,023 | +189.1% |
| Equity | 10/15 | -€175,117 | -€139,246 | +€35,871 | +20.5% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Outside capital | 11 | €600,000 | €600,000 | = | 0.0% |
| Other | 1109/19 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€775,117 | -€739,246 | +€35,871 | +4.6% |
| Amounts payable | 17/49 | €193,634 | €192,786 | -€848 | -0.4% |
| Amounts payable within one year | 42/48 | €181,234 | €180,386 | -€848 | -0.5% |
| Trade debts | 44 | €655 | €58 | -€597 | -91.1% |
| Suppliers | 440/4 | €655 | €58 | -€597 | -91.1% |
| Taxes, remuneration and social security | 45 | €456 | €205 | -€251 | -55.1% |
| Taxes | 450/3 | €456 | €205 | -€251 | -55.1% |
| Other amounts payable | 47/48 | €180,123 | €180,123 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €12,400 | €12,400 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,198 | €849 | -€349 | -29.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €5,675 | €37,214 | +€31,539 | +555.7% |
| Operating profit (loss) | 9901 | €4,090 | €35,966 | +€31,875 | +779.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €103 | €95 | -€8 | -7.8% |
| Recurring financial charges | 65 | €103 | €95 | -€8 | -7.8% |
| Profit (loss) for the period before taxes | 9903 | €3,988 | €35,871 | +€31,883 | +799.5% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | €3,988 | €35,871 | +€31,883 | +799.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,988 | €35,871 | +€31,883 | +799.5% |
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 5 October 2026 via checked.be.