JMA ASSURANCES: 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.
JMA ASSURANCES
Largest movements
- Cash +€235,009
up €235,009 (+394%), from €59,645 to €294,654
mainly Net result for the year (+€107,201) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€24,223
down €24,223 (-31.4%), from €77,187 to €52,964
of which Furniture and vehicles: -€21,864
- Receivables within one year +€8,728
up €8,728 (+18.2%), from €47,932 to €56,661
of which Other amounts receivable: +€13,708
- Reserves +€107,200
up €107,200 (+49.8%), from €215,115 to €322,315
of which Distributable reserves: +€107,200
- Tax, wage and social debts +€30,201
up €30,201 (+109%), from €27,601 to €57,802
- Debts after one year -€8,825
down €8,825 (-100%), from €8,825 to €0
- Current portion of long-term debt -€8,222
down €8,222 (-48.2%), from €17,046 to €8,825
- Gross operating margin +€21,496
up €21,496 (+13.3%), from €161,828 to €183,324
- Taxes +€10,135
up €10,135 (+25.2%), from €40,167 to €50,302
- Financial income +€1,915
up €1,915 (+71,174%), from €3 to €1,917
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.
Derived cash bridge
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 | €289,152 | €409,731 | +€120,579 | +41.7% |
| Fixed assets | 21/28 | €77,187 | €52,964 | -€24,223 | -31.4% |
| Tangible fixed assets | 22/27 | €77,187 | €52,964 | -€24,223 | -31.4% |
| Furniture and vehicles | 24 | €73,381 | €51,517 | -€21,864 | -29.8% |
| Other tangible fixed assets | 26 | €3,806 | €1,447 | -€2,359 | -62.0% |
| Current assets | 29/58 | €211,965 | €356,767 | +€144,802 | +68.3% |
| Amounts receivable within one year | 40/41 | €47,932 | €56,661 | +€8,728 | +18.2% |
| Trade receivables | 40 | €27,965 | €22,985 | -€4,980 | -17.8% |
| Other amounts receivable | 41 | €19,967 | €33,675 | +€13,708 | +68.7% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €59,645 | €294,654 | +€235,009 | +394% |
| Deferred charges and accrued income | 490/1 | €4,387 | €5,452 | +€1,065 | +24.3% |
| Total equity and liabilities | 10/49 | €289,152 | €409,731 | +€120,579 | +41.7% |
| Equity | 10/15 | €235,156 | €342,357 | +€107,201 | +45.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €215,115 | €322,315 | +€107,200 | +49.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €213,255 | €320,455 | +€107,200 | +50.3% |
| Profit (loss) carried forward | 14 | €1,441 | €1,442 | +€1 | 0.0% |
| Amounts payable | 17/49 | €53,995 | €67,374 | +€13,378 | +24.8% |
| Amounts payable after more than one year | 17 | €8,825 | €0 | -€8,825 | -100% |
| Financial debts | 170/4 | €8,825 | €0 | -€8,825 | -100% |
| Amounts payable within one year | 42/48 | €45,171 | €67,374 | +€22,203 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €17,046 | €8,825 | -€8,222 | -48.2% |
| Trade debts | 44 | €524 | €747 | +€223 | +42.6% |
| Suppliers | 440/4 | €524 | €747 | +€223 | +42.6% |
| Taxes, remuneration and social security | 45 | €27,601 | €57,802 | +€30,201 | +109% |
| Taxes | 450/3 | €27,601 | €57,802 | +€30,201 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,007 | €24,223 | +€216 | +0.9% |
| Other operating charges | 640/8 | €2,844 | €2,470 | -€374 | -13.2% |
| Gross operating margin | 9900 | €161,828 | €183,324 | +€21,496 | +13.3% |
| Operating profit (loss) | 9901 | €134,977 | €156,631 | +€21,654 | +16.0% |
| Financial income | 75/76B | €3 | €1,917 | +€1,915 | +71,174% |
| Recurring financial income | 75 | €3 | €1,917 | +€1,915 | +71,174% |
| Financial charges | 65/66B | €1,828 | €1,046 | -€782 | -42.8% |
| Recurring financial charges | 65 | €1,828 | €1,046 | -€782 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €133,152 | €157,503 | +€24,351 | +18.3% |
| Income taxes | 67/77 | €40,167 | €50,302 | +€10,135 | +25.2% |
| Profit (loss) for the period | 9904 | €92,985 | €107,201 | +€14,215 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €92,985 | €107,201 | +€14,215 | +15.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.