JMC BELGIUM: 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 BELGIUM
Largest movements
- Tangible fixed assets -€119,579
down €119,579 (-28.3%), from €422,264 to €302,685
of which Furniture and vehicles: -€66,335
- Cash -€18,846
down €18,846 (-46.0%), from €40,955 to €22,109
- Receivables within one year +€9,000
up €9,000 (+137%), from €6,581 to €15,581
of which Trade receivables: +€8,472
- Profit (loss) carried forward -€67,006
down €67,006, from €59,127 to -€7,879
- Current portion of long-term debt -€30,497
down €30,497 (-84.0%), from €36,307 to €5,810
- Debts after one year -€27,233
down €27,233 (-10.8%), from €251,179 to €223,947
- Trade debts -€7,011
down €7,011 (-6.9%), from €102,296 to €95,284
- Depreciation -€55,150
down €55,150 (-62.3%), from €88,482 to €33,332
- Gross operating margin -€51,770
down €51,770 (-84.2%), from €61,482 to €9,711
- Taxes -€10,053
no longer reported in 2024 (was €10,053)
- Other operating charges -€5,673
no longer reported in 2024 (was €5,673)
- Financial charges -€1,495
down €1,495 (-17.2%), from €8,691 to €7,196
From the 2022 result to the 2024 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2022 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €469,800 | €340,376 | -€129,425 | -27.5% |
| Fixed assets | 21/28 | €422,264 | €302,685 | -€119,579 | -28.3% |
| Tangible fixed assets | 22/27 | €422,264 | €302,685 | -€119,579 | -28.3% |
| Land and buildings | 22 | €314,122 | €294,675 | -€19,447 | -6.2% |
| Plant, machinery and equipment | 23 | €1,356 | - | -€1,356 | |
| Furniture and vehicles | 24 | €73,035 | €6,700 | -€66,335 | -90.8% |
| Other tangible fixed assets | 26 | €33,751 | €1,310 | -€32,440 | -96.1% |
| Current assets | 29/58 | €47,536 | €37,690 | -€9,846 | -20.7% |
| Amounts receivable within one year | 40/41 | €6,581 | €15,581 | +€9,000 | +137% |
| Trade receivables | 40 | - | €8,472 | +€8,472 | |
| Other amounts receivable | 41 | €6,581 | €7,109 | +€528 | +8.0% |
| Cash at bank and in hand | 54/58 | €40,955 | €22,109 | -€18,846 | -46.0% |
| Total equity and liabilities | 10/49 | €469,800 | €340,376 | -€129,425 | -27.5% |
| Equity | 10/15 | €67,587 | €581 | -€67,006 | -99.1% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,127 | -€7,879 | -€67,006 | |
| Amounts payable | 17/49 | €402,214 | €339,795 | -€62,419 | -15.5% |
| Amounts payable after more than one year | 17 | €251,179 | €223,947 | -€27,233 | -10.8% |
| Financial debts | 170/4 | €251,179 | €223,947 | -€27,233 | -10.8% |
| Amounts payable within one year | 42/48 | €151,034 | €115,848 | -€35,186 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | €36,307 | €5,810 | -€30,497 | -84.0% |
| Trade debts | 44 | €102,296 | €95,284 | -€7,011 | -6.9% |
| Suppliers | 440/4 | €102,296 | €95,284 | -€7,011 | -6.9% |
| Taxes, remuneration and social security | 45 | - | €3,784 | +€3,784 | |
| Taxes | 450/3 | - | €3,784 | +€3,784 | |
| Other amounts payable | 47/48 | €12,431 | €10,969 | -€1,462 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,482 | €33,332 | -€55,150 | -62.3% |
| Other operating charges | 640/8 | €5,673 | - | -€5,673 | |
| Gross operating margin | 9900 | €61,482 | €9,711 | -€51,770 | -84.2% |
| Operating profit (loss) | 9901 | -€32,673 | -€23,620 | +€9,053 | +27.7% |
| Financial charges | 65/66B | €8,691 | €7,196 | -€1,495 | -17.2% |
| Recurring financial charges | 65 | €8,691 | €7,196 | -€1,495 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€41,365 | -€30,817 | +€10,548 | +25.5% |
| Income taxes | 67/77 | €10,053 | - | -€10,053 | |
| Profit (loss) for the period | 9904 | -€51,418 | -€30,817 | +€20,601 | +40.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,418 | -€30,817 | +€20,601 | +40.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.