JMBK: 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.
JMBK
Largest movements
- Cash +€13,019
up €13,019 (+174%), from €7,493 to €20,512
mainly Depreciation (+€17,503) and Net result for the year (+€15,115)
- Tangible fixed assets -€8,231
down €8,231 (-18.9%), from €43,529 to €35,297
of which Other tangible fixed assets: -€6,143
- Deferred charges and accrued income -€4,357
no longer reported in 2025 (was €4,357)
- Receivables within one year -€2,672
down €2,672 (-97.9%), from €2,728 to €56
- Profit (loss) carried forward +€15,115
up €15,115 (+33.5%), from -€45,159 to -€30,044
- Current portion of long-term debt -€8,849
no longer reported in 2025 (was €8,849)
- Other debts -€7,774
down €7,774 (-29.6%), from €26,240 to €18,466
- Trade debts -€5,972
down €5,972 (-50.8%), from €11,752 to €5,781
- Tax, wage and social debts +€5,238
up €5,238 (+25.3%), from €20,680 to €25,917
of which Taxes: +€2,643
- Gross operating margin +€18,674
up €18,674 (+13.2%), from €141,594 to €160,268
- Staff costs +€16,248
up €16,248 (+14.7%), from €110,539 to €126,787
- Other operating charges -€2,381
no longer reported in 2025 (was €2,381)
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 | €82,362 | €80,121 | -€2,242 | -2.7% |
| Fixed assets | 21/28 | €50,534 | €42,303 | -€8,231 | -16.3% |
| Tangible fixed assets | 22/27 | €43,529 | €35,297 | -€8,231 | -18.9% |
| Plant, machinery and equipment | 23 | €3,217 | €2,146 | -€1,071 | -33.3% |
| Furniture and vehicles | 24 | €4,257 | €3,240 | -€1,017 | -23.9% |
| Other tangible fixed assets | 26 | €36,055 | €29,912 | -€6,143 | -17.0% |
| Financial fixed assets | 28 | €7,006 | €7,006 | = | 0.0% |
| Current assets | 29/58 | €31,828 | €37,818 | +€5,990 | +18.8% |
| Stocks and contracts in progress | 3 | €17,250 | €17,250 | = | 0.0% |
| Stocks | 30/36 | €17,250 | €17,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €2,728 | €56 | -€2,672 | -97.9% |
| Other amounts receivable | 41 | €2,728 | €56 | -€2,672 | -97.9% |
| Cash at bank and in hand | 54/58 | €7,493 | €20,512 | +€13,019 | +174% |
| Deferred charges and accrued income | 490/1 | €4,357 | - | -€4,357 | |
| Total equity and liabilities | 10/49 | €82,362 | €80,121 | -€2,242 | -2.7% |
| Equity | 10/15 | €14,841 | €29,956 | +€15,115 | +102% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,159 | -€30,044 | +€15,115 | +33.5% |
| Amounts payable | 17/49 | €67,521 | €50,165 | -€17,357 | -25.7% |
| Amounts payable within one year | 42/48 | €67,521 | €50,165 | -€17,357 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €8,849 | - | -€8,849 | |
| Trade debts | 44 | €11,752 | €5,781 | -€5,972 | -50.8% |
| Suppliers | 440/4 | €11,752 | €5,781 | -€5,972 | -50.8% |
| Taxes, remuneration and social security | 45 | €20,680 | €25,917 | +€5,238 | +25.3% |
| Taxes | 450/3 | €4,412 | €7,055 | +€2,643 | +59.9% |
| Remuneration and social security | 454/9 | €16,268 | €18,863 | +€2,595 | +16.0% |
| Other amounts payable | 47/48 | €26,240 | €18,466 | -€7,774 | -29.6% |
| Remuneration, social security and pensions | 62 | €110,539 | €126,787 | +€16,248 | +14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,334 | €17,503 | +€1,169 | +7.2% |
| Other operating charges | 640/8 | €2,381 | - | -€2,381 | |
| Gross operating margin | 9900 | €141,594 | €160,268 | +€18,674 | +13.2% |
| Operating profit (loss) | 9901 | €12,340 | €15,978 | +€3,637 | +29.5% |
| Financial income | 75/76B | €29 | €2 | -€27 | -93.2% |
| Recurring financial income | 75 | €29 | €2 | -€27 | -93.2% |
| Financial charges | 65/66B | €1,014 | €865 | -€149 | -14.7% |
| Recurring financial charges | 65 | €1,014 | €865 | -€149 | -14.7% |
| Profit (loss) for the period before taxes | 9903 | €11,356 | €15,115 | +€3,759 | +33.1% |
| Profit (loss) for the period | 9904 | €11,356 | €15,115 | +€3,759 | +33.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,356 | €15,115 | +€3,759 | +33.1% |
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 18 October 2026 via checked.be.