JMG Technical Consult: 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 Technical Consult
Largest movements
- Cash -€67,819
down €67,819 (-18.5%), from €366,269 to €298,450
mainly Contributions, distributions and other (-€176,475) and Other debts (-€19,244)
- Profit (loss) carried forward -€65,869
down €65,869 (-22.3%), from €295,818 to €229,949
- Other debts -€19,244
down €19,244 (-25.4%), from €75,882 to €56,637
- Tax, wage and social debts +€13,004
up €13,004 (+151.3%), from €8,597 to €21,601
- Taxes +€7,508
up €7,508 (+24.2%), from €31,056 to €38,564
- Gross operating margin +€7,378
up €7,378 (+5.2%), from €142,701 to €150,078
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 | €385,469 | €314,430 | -€71,039 | -18.4% |
| Fixed assets | 21/28 | €874 | €1,348 | +€474 | +54.2% |
| Tangible fixed assets | 22/27 | €874 | €1,348 | +€474 | +54.2% |
| Furniture and vehicles | 24 | €874 | €1,348 | +€474 | +54.2% |
| Current assets | 29/58 | €384,594 | €313,081 | -€71,513 | -18.6% |
| Amounts receivable within one year | 40/41 | €18,325 | €14,631 | -€3,694 | -20.2% |
| Trade receivables | 40 | €17,381 | €13,687 | -€3,694 | -21.3% |
| Other amounts receivable | 41 | €944 | €944 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €366,269 | €298,450 | -€67,819 | -18.5% |
| Total equity and liabilities | 10/49 | €385,469 | €314,430 | -€71,039 | -18.4% |
| Equity | 10/15 | €300,818 | €234,949 | -€65,869 | -21.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €295,818 | €229,949 | -€65,869 | -22.3% |
| Amounts payable | 17/49 | €84,651 | €79,481 | -€5,170 | -6.1% |
| Amounts payable within one year | 42/48 | €84,651 | €79,481 | -€5,170 | -6.1% |
| Trade debts | 44 | €173 | €1,243 | +€1,070 | +619.5% |
| Suppliers | 440/4 | €173 | €1,243 | +€1,070 | +619.5% |
| Taxes, remuneration and social security | 45 | €8,597 | €21,601 | +€13,004 | +151.3% |
| Taxes | 450/3 | €8,597 | €21,601 | +€13,004 | +151.3% |
| Other amounts payable | 47/48 | €75,882 | €56,637 | -€19,244 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €949 | €352 | -€597 | -62.9% |
| Other operating charges | 640/8 | €978 | €480 | -€498 | -50.9% |
| Non-recurring operating charges | 66A | €25 | - | -€25 | |
| Gross operating margin | 9900 | €142,701 | €150,078 | +€7,378 | +5.2% |
| Operating profit (loss) | 9901 | €140,750 | €149,247 | +€8,497 | +6.0% |
| Financial income | 75/76B | €1,149 | €2,267 | +€1,119 | +97.3% |
| Recurring financial income | 75 | €1,149 | €2,267 | +€1,119 | +97.3% |
| Financial charges | 65/66B | €2,151 | €2,345 | +€194 | +9.0% |
| Recurring financial charges | 65 | €2,151 | €2,345 | +€194 | +9.0% |
| Profit (loss) for the period before taxes | 9903 | €139,747 | €149,169 | +€9,422 | +6.7% |
| Income taxes | 67/77 | €31,056 | €38,564 | +€7,508 | +24.2% |
| Profit (loss) for the period | 9904 | €108,692 | €110,606 | +€1,914 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €108,692 | €110,606 | +€1,914 | +1.8% |
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 8 October 2026 via checked.be.