JM Tech: 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 Tech
Largest movements
- Cash -€1,778
down €1,778 (-34.4%), from €5,166 to €3,388
mainly Tax, wage and social debts (-€2,389) and Investment in fixed assets (net) (-€2,311)
- Deferred charges and accrued income -€1,409
down €1,409 (-54.6%), from €2,582 to €1,173
- Tangible fixed assets -€913
down €913 (-5.7%), from €16,148 to €15,235
of which Land and buildings: -€730
- Tax, wage and social debts -€2,389
down €2,389 (-58.7%), from €4,068 to €1,679
- Profit (loss) carried forward -€1,276
down €1,276 (-7.5%), from €16,964 to €15,688
- Other debts -€300
down €300 (-89.6%), from €335 to €35
- Depreciation +€1,004
up €1,004 (+45.2%), from €2,220 to €3,224
- Financial charges +€622
up €622 (+1151.9%), from €54 to €676
- Gross operating margin +€257
up €257 (+9.0%), from €2,857 to €3,114
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 | €23,896 | €19,796 | -€4,100 | -17.2% |
| Fixed assets | 21/28 | €16,148 | €15,235 | -€913 | -5.7% |
| Tangible fixed assets | 22/27 | €16,148 | €15,235 | -€913 | -5.7% |
| Land and buildings | 22 | €6,833 | €6,103 | -€730 | -10.7% |
| Plant, machinery and equipment | 23 | €1,787 | €2,290 | +€503 | +28.1% |
| Furniture and vehicles | 24 | €7,528 | €6,842 | -€686 | -9.1% |
| Current assets | 29/58 | €7,748 | €4,561 | -€3,187 | -41.1% |
| Cash at bank and in hand | 54/58 | €5,166 | €3,388 | -€1,778 | -34.4% |
| Deferred charges and accrued income | 490/1 | €2,582 | €1,173 | -€1,409 | -54.6% |
| Total equity and liabilities | 10/49 | €23,896 | €19,796 | -€4,100 | -17.2% |
| Equity | 10/15 | €17,964 | €16,688 | -€1,276 | -7.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,964 | €15,688 | -€1,276 | -7.5% |
| Amounts payable | 17/49 | €5,932 | €3,108 | -€2,824 | -47.6% |
| Amounts payable within one year | 42/48 | €5,932 | €3,108 | -€2,824 | -47.6% |
| Trade debts | 44 | €1,529 | €1,394 | -€135 | -8.8% |
| Suppliers | 440/4 | €1,529 | €1,394 | -€135 | -8.8% |
| Taxes, remuneration and social security | 45 | €4,068 | €1,679 | -€2,389 | -58.7% |
| Taxes | 450/3 | €4,068 | €1,679 | -€2,389 | -58.7% |
| Other amounts payable | 47/48 | €335 | €35 | -€300 | -89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,220 | €3,224 | +€1,004 | +45.2% |
| Gross operating margin | 9900 | €2,857 | €3,114 | +€257 | +9.0% |
| Operating profit (loss) | 9901 | €637 | -€110 | -€747 | |
| Financial charges | 65/66B | €54 | €676 | +€622 | +1151.9% |
| Recurring financial charges | 65 | €54 | €676 | +€622 | +1151.9% |
| Profit (loss) for the period before taxes | 9903 | €583 | -€786 | -€1,369 | |
| Income taxes | 67/77 | €500 | €490 | -€10 | -2.0% |
| Profit (loss) for the period | 9904 | €83 | -€1,276 | -€1,359 | |
| Profit (loss) for the period to be appropriated | 9905 | €83 | -€1,276 | -€1,359 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.