JMF GROUP: 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.
JMF GROUP
Largest movements
- Cash +€419
up €419 (+86.3%), from €486 to €904
mainly Trade debts (+€4,551) and Tax, wage and social debts (+€1,863)
- Profit (loss) carried forward -€6,489
down €6,489 (-218%), from -€2,979 to -€9,468
- Trade debts +€4,551
up €4,551 (+274%), from €1,662 to €6,213
- Tax, wage and social debts +€1,863
up €1,863 (+126%), from €1,483 to €3,345
- Other debts +€511
new in 2025: €511
- Gross operating margin -€3,538
down €3,538 (-124%), from -€2,848 to -€6,386
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 | €3,165 | €3,601 | +€436 | +13.8% |
| Fixed assets | 21/28 | €250 | €250 | = | 0.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €2,915 | €3,351 | +€436 | +15.0% |
| Amounts receivable within one year | 40/41 | €2,430 | €2,447 | +€17 | +0.7% |
| Trade receivables | 40 | €189 | - | -€189 | |
| Other amounts receivable | 41 | €2,241 | €2,447 | +€206 | +9.2% |
| Cash at bank and in hand | 54/58 | €486 | €904 | +€419 | +86.3% |
| Total equity and liabilities | 10/49 | €3,165 | €3,601 | +€436 | +13.8% |
| Equity | 10/15 | €21 | -€6,468 | -€6,489 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,979 | -€9,468 | -€6,489 | -218% |
| Amounts payable | 17/49 | €3,145 | €10,070 | +€6,925 | +220% |
| Amounts payable within one year | 42/48 | €3,145 | €10,070 | +€6,925 | +220% |
| Trade debts | 44 | €1,662 | €6,213 | +€4,551 | +274% |
| Suppliers | 440/4 | €1,662 | €6,213 | +€4,551 | +274% |
| Taxes, remuneration and social security | 45 | €1,483 | €3,345 | +€1,863 | +126% |
| Taxes | 450/3 | €1,483 | €3,345 | +€1,863 | +126% |
| Other amounts payable | 47/48 | - | €511 | +€511 | |
| Other operating charges | 640/8 | €63 | - | -€63 | |
| Gross operating margin | 9900 | -€2,848 | -€6,386 | -€3,538 | -124% |
| Operating profit (loss) | 9901 | -€2,911 | -€6,386 | -€3,474 | -119% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €71 | €103 | +€32 | +45.3% |
| Recurring financial charges | 65 | €71 | €103 | +€32 | +45.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,979 | -€6,489 | -€3,509 | -118% |
| Profit (loss) for the period | 9904 | -€2,979 | -€6,489 | -€3,509 | -118% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,979 | -€6,489 | -€3,509 | -118% |
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 14 October 2026 via checked.be.