JMDJ GROUP: 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.
JMDJ GROUP
Largest movements
- Receivables within one year +€84,725
up €84,725 (+329.2%), from €25,735 to €110,460
of which Trade receivables: +€75,215
- Tangible fixed assets +€54,704
up €54,704 (+53.6%), from €102,000 to €156,704
of which Furniture and vehicles: +€54,704
- Trade debts +€58,816
up €58,816 (+944.3%), from €6,228 to €65,044
- Debts after one year +€36,002
up €36,002 (+38.3%), from €93,997 to €130,000
- Other debts +€17,622
up €17,622 (+75.5%), from €23,337 to €40,959
- Current portion of long-term debt +€11,342
up €11,342 (+225.3%), from €5,034 to €16,377
- Profit (loss) carried forward +€10,863
up €10,863, from -€6,846 to €4,017
- Gross operating margin +€10,261
up €10,261 (+61.7%), from €16,629 to €26,890
- Depreciation +€7,063
new in 2025: €7,063
- Taxes +€2,567
new in 2025: €2,567
- Financial charges +€784
up €784 (+15.4%), from €5,106 to €5,890
- Other operating charges +€508
new in 2025: €508
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 | €128,574 | €268,614 | +€140,041 | +108.9% |
| Fixed assets | 21/28 | €102,000 | €156,704 | +€54,704 | +53.6% |
| Tangible fixed assets | 22/27 | €102,000 | €156,704 | +€54,704 | +53.6% |
| Land and buildings | 22 | €102,000 | €102,000 | = | 0.0% |
| Furniture and vehicles | 24 | - | €54,704 | +€54,704 | |
| Current assets | 29/58 | €26,574 | €111,910 | +€85,337 | +321.1% |
| Amounts receivable within one year | 40/41 | €25,735 | €110,460 | +€84,725 | +329.2% |
| Trade receivables | 40 | €22,735 | €97,950 | +€75,215 | +330.8% |
| Other amounts receivable | 41 | €3,000 | €12,510 | +€9,510 | +317.0% |
| Cash at bank and in hand | 54/58 | €839 | €199 | -€639 | -76.2% |
| Deferred charges and accrued income | 490/1 | - | €1,251 | +€1,251 | |
| Total equity and liabilities | 10/49 | €128,574 | €268,614 | +€140,041 | +108.9% |
| Equity | 10/15 | -€3,846 | €7,017 | +€10,863 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,846 | €4,017 | +€10,863 | |
| Amounts payable | 17/49 | €132,420 | €261,597 | +€129,178 | +97.6% |
| Amounts payable after more than one year | 17 | €93,997 | €130,000 | +€36,002 | +38.3% |
| Financial debts | 170/4 | €93,997 | €130,000 | +€36,002 | +38.3% |
| Amounts payable within one year | 42/48 | €38,422 | €131,598 | +€93,175 | +242.5% |
| Current portion of amounts payable after more than one year | 42 | €5,034 | €16,377 | +€11,342 | +225.3% |
| Trade debts | 44 | €6,228 | €65,044 | +€58,816 | +944.3% |
| Suppliers | 440/4 | €6,228 | €65,044 | +€58,816 | +944.3% |
| Taxes, remuneration and social security | 45 | €3,823 | €9,218 | +€5,395 | +141.1% |
| Taxes | 450/3 | €3,823 | €6,018 | +€2,195 | +57.4% |
| Remuneration and social security | 454/9 | - | €3,200 | +€3,200 | |
| Other amounts payable | 47/48 | €23,337 | €40,959 | +€17,622 | +75.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,063 | +€7,063 | |
| Other operating charges | 640/8 | - | €508 | +€508 | |
| Gross operating margin | 9900 | €16,629 | €26,890 | +€10,261 | +61.7% |
| Operating profit (loss) | 9901 | €16,629 | €19,319 | +€2,691 | +16.2% |
| Financial charges | 65/66B | €5,106 | €5,890 | +€784 | +15.4% |
| Recurring financial charges | 65 | €5,106 | €5,890 | +€784 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €11,523 | €13,429 | +€1,906 | +16.5% |
| Income taxes | 67/77 | - | €2,567 | +€2,567 | |
| Profit (loss) for the period | 9904 | €11,523 | €10,863 | -€660 | -5.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,523 | €10,863 | -€660 | -5.7% |
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 6 October 2026 via checked.be.