JMC BEHEER: 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.
JMC BEHEER
Largest movements
- Deferred charges and accrued income -€10,536
no longer reported in 2025 (was €10,536)
- Tangible fixed assets +€8,808
up €8,808 (+34.6%), from €25,433 to €34,241
of which Assets under construction and advance payments: +€9,850
- Receivables within one year +€460
up €460 (+209%), from €220 to €680
- Profit (loss) carried forward -€6,981
down €6,981 (-3.2%), from -€215,948 to -€222,929
- Other debts +€5,595
up €5,595 (+12.4%), from €45,130 to €50,725
- Trade debts +€376
up €376 (+18.1%), from €2,075 to €2,451
- Turnover -€3,104
down €3,104 (-29.2%), from €10,645 to €7,541
- Gross operating margin -€1,615
down €1,615 (-58.1%), from €2,780 to €1,165
- Purchases and services -€1,224
down €1,224 (-15.2%), from €8,056 to €6,832
- Financial charges +€525
up €525 (+19.8%), from €2,646 to €3,171
- Other operating charges -€272
down €272 (-6.5%), from €4,205 to €3,933
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 | €36,798 | €35,751 | -€1,047 | -2.8% |
| Fixed assets | 21/28 | €25,594 | €34,402 | +€8,808 | +34.4% |
| Tangible fixed assets | 22/27 | €25,433 | €34,241 | +€8,808 | +34.6% |
| Other tangible fixed assets | 26 | €4,625 | €3,583 | -€1,042 | -22.5% |
| Assets under construction and advance payments | 27 | €20,808 | €30,658 | +€9,850 | +47.3% |
| Financial fixed assets | 28 | €161 | €161 | = | 0.0% |
| Current assets | 29/58 | €11,204 | €1,349 | -€9,855 | -88.0% |
| Amounts receivable within one year | 40/41 | €220 | €680 | +€460 | +209% |
| Other amounts receivable | 41 | €220 | €680 | +€460 | +209% |
| Cash at bank and in hand | 54/58 | €448 | €669 | +€221 | +49.3% |
| Deferred charges and accrued income | 490/1 | €10,536 | - | -€10,536 | |
| Total equity and liabilities | 10/49 | €36,798 | €35,751 | -€1,047 | -2.8% |
| Equity | 10/15 | -€111,448 | -€118,429 | -€6,981 | -6.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €84,500 | €84,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €82,500 | €82,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€215,948 | -€222,929 | -€6,981 | -3.2% |
| Amounts payable | 17/49 | €148,246 | €154,180 | +€5,934 | +4.0% |
| Amounts payable after more than one year | 17 | €101,041 | €101,004 | -€37 | 0.0% |
| Other amounts payable | 178/9 | €101,041 | €101,004 | -€37 | 0.0% |
| Amounts payable within one year | 42/48 | €47,205 | €53,176 | +€5,971 | +12.6% |
| Trade debts | 44 | €2,075 | €2,451 | +€376 | +18.1% |
| Suppliers | 440/4 | €2,075 | €2,451 | +€376 | +18.1% |
| Other amounts payable | 47/48 | €45,130 | €50,725 | +€5,595 | +12.4% |
| Turnover | 70 | €10,645 | €7,541 | -€3,104 | -29.2% |
| Non-recurring operating income | 76A | €191 | €456 | +€265 | +139% |
| Goods, raw materials, services and sundry goods | 60/61 | €8,056 | €6,832 | -€1,224 | -15.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €1,042 | -€131 | -11.2% |
| Other operating charges | 640/8 | €4,205 | €3,933 | -€272 | -6.5% |
| Gross operating margin | 9900 | €2,780 | €1,165 | -€1,615 | -58.1% |
| Operating profit (loss) | 9901 | -€2,598 | -€3,810 | -€1,212 | -46.7% |
| Financial charges | 65/66B | €2,646 | €3,171 | +€525 | +19.8% |
| Recurring financial charges | 65 | €2,646 | €3,171 | +€525 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,244 | -€6,981 | -€1,737 | -33.1% |
| Profit (loss) for the period | 9904 | -€5,244 | -€6,981 | -€1,737 | -33.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,244 | -€6,981 | -€1,737 | -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 23 October 2026 via checked.be.