JMG CONCEPT: 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.
JMG CONCEPT
Largest movements
- Cash +€21,493
up €21,493 (+17.1%), from €125,526 to €147,019
mainly Receivables within one year (+€15,884) and Depreciation (+€10,366)
- Receivables within one year -€15,884
down €15,884 (-41.9%), from €37,909 to €22,025
of which Other amounts receivable: -€8,660
- Tangible fixed assets -€10,366
down €10,366 (-35.1%), from €29,541 to €19,175
- Trade debts -€4,081
down €4,081 (-24.6%), from €16,590 to €12,508
- Gross operating margin +€7,711
up €7,711 (+345.0%), from €2,235 to €9,946
- Taxes +€1,742
up €1,742, from -€119 to €1,623
- Depreciation +€629
up €629 (+6.5%), from €9,736 to €10,366
- Other operating charges -€339
down €339 (-31.7%), from €1,069 to €730
- Financial income +€130
up €130 (+6.3%), from €2,053 to €2,183
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 | €197,768 | €193,424 | -€4,344 | -2.2% |
| Fixed assets | 21/28 | €29,541 | €19,175 | -€10,366 | -35.1% |
| Tangible fixed assets | 22/27 | €29,541 | €19,175 | -€10,366 | -35.1% |
| Furniture and vehicles | 24 | €29,541 | €19,175 | -€10,366 | -35.1% |
| Current assets | 29/58 | €168,227 | €174,249 | +€6,022 | +3.6% |
| Stocks and contracts in progress | 3 | €3,269 | €3,619 | +€350 | +10.7% |
| Stocks | 30/36 | €3,269 | €3,619 | +€350 | +10.7% |
| Amounts receivable within one year | 40/41 | €37,909 | €22,025 | -€15,884 | -41.9% |
| Trade receivables | 40 | €27,371 | €20,146 | -€7,225 | -26.4% |
| Other amounts receivable | 41 | €10,538 | €1,879 | -€8,660 | -82.2% |
| Cash at bank and in hand | 54/58 | €125,526 | €147,019 | +€21,493 | +17.1% |
| Deferred charges and accrued income | 490/1 | €1,523 | €1,586 | +€63 | +4.1% |
| Total equity and liabilities | 10/49 | €197,768 | €193,424 | -€4,344 | -2.2% |
| Equity | 10/15 | €180,864 | €179,921 | -€943 | -0.5% |
| Contributions | 10/11 | €150,545 | €150,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,319 | €29,376 | -€943 | -3.1% |
| Amounts payable | 17/49 | €16,903 | €13,503 | -€3,401 | -20.1% |
| Amounts payable within one year | 42/48 | €16,590 | €13,457 | -€3,132 | -18.9% |
| Trade debts | 44 | €16,590 | €12,508 | -€4,081 | -24.6% |
| Suppliers | 440/4 | €16,590 | €12,508 | -€4,081 | -24.6% |
| Other amounts payable | 47/48 | - | €949 | +€949 | |
| Accrued charges and deferred income | 492/3 | €314 | €46 | -€268 | -85.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,736 | €10,366 | +€629 | +6.5% |
| Other operating charges | 640/8 | €1,069 | €730 | -€339 | -31.7% |
| Gross operating margin | 9900 | €2,235 | €9,946 | +€7,711 | +345.0% |
| Operating profit (loss) | 9901 | -€8,570 | -€1,149 | +€7,421 | +86.6% |
| Financial income | 75/76B | €2,053 | €2,183 | +€130 | +6.3% |
| Recurring financial income | 75 | €2,053 | €2,183 | +€130 | +6.3% |
| Financial charges | 65/66B | €307 | €353 | +€46 | +15.1% |
| Recurring financial charges | 65 | €307 | €353 | +€46 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,824 | €680 | +€7,504 | |
| Income taxes | 67/77 | -€119 | €1,623 | +€1,742 | |
| Profit (loss) for the period | 9904 | -€6,705 | -€943 | +€5,762 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,705 | -€943 | +€5,762 | +85.9% |
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.