JMB ELEC: 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.
JMB ELEC
Largest movements
- Receivables within one year -€37,147
down €37,147 (-27.1%), from €137,202 to €100,055
of which Trade receivables: -€38,599
- Cash -€2,378
down €2,378 (-59.8%), from €3,979 to €1,601
mainly Trade debts (-€37,417) and Advances received (-€7,000)
- Trade debts -€37,417
down €37,417 (-39.6%), from €94,473 to €57,056
- Advances received -€7,000
no longer reported in 2025 (was €7,000)
- Other debts +€3,251
up €3,251 (+46.5%), from €6,987 to €10,238
- Tax, wage and social debts +€3,131
up €3,131 (+29.4%), from €10,644 to €13,775
of which Taxes: +€1,806
- Staff costs -€4,145
down €4,145 (-10.6%), from €39,246 to €35,101
- Financial charges -€754
down €754 (-21.8%), from €3,463 to €2,709
- Gross operating margin -€714
down €714 (-1.8%), from €39,317 to €38,603
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 | €144,804 | €105,958 | -€38,846 | -26.8% |
| Fixed assets | 21/28 | €656 | €1,482 | +€826 | +126% |
| Tangible fixed assets | 22/27 | €526 | €892 | +€366 | +69.6% |
| Plant, machinery and equipment | 23 | €526 | €170 | -€356 | -67.7% |
| Furniture and vehicles | 24 | - | €722 | +€722 | |
| Financial fixed assets | 28 | €130 | €590 | +€460 | +354% |
| Current assets | 29/58 | €144,148 | €104,476 | -€39,672 | -27.5% |
| Amounts receivable within one year | 40/41 | €137,202 | €100,055 | -€37,147 | -27.1% |
| Trade receivables | 40 | €107,279 | €68,680 | -€38,599 | -36.0% |
| Other amounts receivable | 41 | €29,923 | €31,375 | +€1,452 | +4.9% |
| Cash at bank and in hand | 54/58 | €3,979 | €1,601 | -€2,378 | -59.8% |
| Deferred charges and accrued income | 490/1 | €2,967 | €2,820 | -€147 | -5.0% |
| Total equity and liabilities | 10/49 | €144,804 | €105,958 | -€38,846 | -26.8% |
| Equity | 10/15 | €25,667 | €24,762 | -€905 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,207 | €4,302 | -€905 | -17.4% |
| Amounts payable | 17/49 | €119,137 | €81,196 | -€37,941 | -31.8% |
| Amounts payable within one year | 42/48 | €119,104 | €81,069 | -€38,035 | -31.9% |
| Trade debts | 44 | €94,473 | €57,056 | -€37,417 | -39.6% |
| Suppliers | 440/4 | €94,473 | €57,056 | -€37,417 | -39.6% |
| Advances received on contracts in progress | 46 | €7,000 | - | -€7,000 | |
| Taxes, remuneration and social security | 45 | €10,644 | €13,775 | +€3,131 | +29.4% |
| Taxes | 450/3 | €4,403 | €6,209 | +€1,806 | +41.0% |
| Remuneration and social security | 454/9 | €6,241 | €7,566 | +€1,325 | +21.2% |
| Other amounts payable | 47/48 | €6,987 | €10,238 | +€3,251 | +46.5% |
| Accrued charges and deferred income | 492/3 | €33 | €127 | +€94 | +285% |
| Remuneration, social security and pensions | 62 | €39,246 | €35,101 | -€4,145 | -10.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €356 | €414 | +€58 | +16.3% |
| Other operating charges | 640/8 | €1,973 | €1,675 | -€298 | -15.1% |
| Gross operating margin | 9900 | €39,317 | €38,603 | -€714 | -1.8% |
| Operating profit (loss) | 9901 | -€2,258 | €1,413 | +€3,671 | |
| Financial income | 75/76B | €121 | €391 | +€270 | +223% |
| Recurring financial income | 75 | €121 | €391 | +€270 | +223% |
| Financial charges | 65/66B | €3,463 | €2,709 | -€754 | -21.8% |
| Recurring financial charges | 65 | €3,463 | €2,709 | -€754 | -21.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,600 | -€905 | +€4,695 | +83.8% |
| Profit (loss) for the period | 9904 | -€5,600 | -€905 | +€4,695 | +83.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,600 | -€905 | +€4,695 | +83.8% |
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 19 October 2026 via checked.be.