JMA 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.
JMA TECH
Largest movements
- Cash -€15,250
down €15,250 (-15.0%), from €101,877 to €86,627
mainly Contributions, distributions and other (-€42,589) and Other debts (-€19,311)
- Receivables within one year -€8,396
down €8,396 (-42.5%), from €19,771 to €11,375
of which Trade receivables: -€8,397
- Tangible fixed assets -€1,339
down €1,339 (-18.1%), from €7,415 to €6,077
- Reserves -€42,589
no longer reported in 2025 (was €42,589)
- Profit (loss) carried forward +€40,203
up €40,203 (+241.9%), from €16,621 to €56,824
- Other debts -€19,311
down €19,311 (-84.4%), from €22,873 to €3,562
- Tax, wage and social debts -€4,256
down €4,256 (-9.7%), from €43,926 to €39,670
of which Taxes: -€4,275
- Turnover +€132,460
new in 2025: €132,460
- Purchases and services +€72,542
new in 2025: €72,542
- Taxes +€4,827
up €4,827 (+44.0%), from €10,959 to €15,786
- Gross operating margin +€4,732
up €4,732 (+8.3%), from €56,836 to €61,568
- Depreciation -€2,165
down €2,165 (-30.5%), from €7,099 to €4,934
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 | €129,064 | €104,171 | -€24,893 | -19.3% |
| Fixed assets | 21/28 | €7,415 | €6,077 | -€1,339 | -18.1% |
| Tangible fixed assets | 22/27 | €7,415 | €6,077 | -€1,339 | -18.1% |
| Furniture and vehicles | 24 | €7,415 | €6,077 | -€1,339 | -18.1% |
| Current assets | 29/58 | €121,648 | €98,094 | -€23,555 | -19.4% |
| Amounts receivable within one year | 40/41 | €19,771 | €11,375 | -€8,396 | -42.5% |
| Trade receivables | 40 | €19,771 | €11,374 | -€8,397 | -42.5% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Cash at bank and in hand | 54/58 | €101,877 | €86,627 | -€15,250 | -15.0% |
| Deferred charges and accrued income | 490/1 | - | €92 | +€92 | |
| Total equity and liabilities | 10/49 | €129,064 | €104,171 | -€24,893 | -19.3% |
| Equity | 10/15 | €62,210 | €59,824 | -€2,386 | -3.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,589 | - | -€42,589 | |
| Distributable reserves | 133 | €42,589 | - | -€42,589 | |
| Profit (loss) carried forward | 14 | €16,621 | €56,824 | +€40,203 | +241.9% |
| Amounts payable | 17/49 | €66,854 | €44,347 | -€22,507 | -33.7% |
| Amounts payable within one year | 42/48 | €66,854 | €44,347 | -€22,507 | -33.7% |
| Trade debts | 44 | €55 | €1,114 | +€1,060 | +1940.8% |
| Suppliers | 440/4 | €55 | €1,114 | +€1,060 | +1940.8% |
| Taxes, remuneration and social security | 45 | €43,926 | €39,670 | -€4,256 | -9.7% |
| Taxes | 450/3 | €41,326 | €37,051 | -€4,275 | -10.3% |
| Remuneration and social security | 454/9 | €2,601 | €2,620 | +€19 | +0.7% |
| Other amounts payable | 47/48 | €22,873 | €3,562 | -€19,311 | -84.4% |
| Turnover | 70 | - | €132,460 | +€132,460 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €72,542 | +€72,542 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,099 | €4,934 | -€2,165 | -30.5% |
| Other operating charges | 640/8 | €766 | €587 | -€179 | -23.4% |
| Gross operating margin | 9900 | €56,836 | €61,568 | +€4,732 | +8.3% |
| Operating profit (loss) | 9901 | €48,971 | €56,047 | +€7,076 | +14.4% |
| Financial income | 75/76B | €10 | €33 | +€23 | +228.5% |
| Recurring financial income | 75 | €10 | €33 | +€23 | +228.5% |
| Financial charges | 65/66B | €137 | €90 | -€47 | -34.2% |
| Recurring financial charges | 65 | €137 | €90 | -€47 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | €48,844 | €55,989 | +€7,146 | +14.6% |
| Income taxes | 67/77 | €10,959 | €15,786 | +€4,827 | +44.0% |
| Profit (loss) for the period | 9904 | €37,885 | €40,203 | +€2,318 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,885 | €40,203 | +€2,318 | +6.1% |
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.