JMGSolutions: 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.
JMGSolutions
Largest movements
- Cash +€33,525
up €33,525 (+16.9%), from €198,830 to €232,355
mainly Net result for the year (+€40,450) and Other debts (+€1,860)
- Receivables within one year +€7,546
new in 2025: €7,546
of which Trade receivables: +€6,888
- Profit (loss) carried forward +€40,450
up €40,450 (+35.5%), from €113,983 to €154,433
- Trade debts -€3,092
down €3,092 (-71.4%), from €4,332 to €1,240
- Gross operating margin +€26,041
up €26,041 (+99.3%), from €26,228 to €52,269
- Taxes +€3,409
up €3,409 (+48.0%), from €7,103 to €10,512
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 | €200,056 | €240,469 | +€40,413 | +20.2% |
| Fixed assets | 21/28 | €912 | €323 | -€589 | -64.5% |
| Intangible fixed assets | 21 | €419 | €86 | -€333 | -79.5% |
| Tangible fixed assets | 22/27 | €439 | €183 | -€256 | -58.3% |
| Furniture and vehicles | 24 | €439 | €183 | -€256 | -58.3% |
| Financial fixed assets | 28 | €54 | €54 | +€0 | +0.4% |
| Current assets | 29/58 | €199,144 | €240,145 | +€41,001 | +20.6% |
| Amounts receivable within one year | 40/41 | - | €7,546 | +€7,546 | |
| Trade receivables | 40 | - | €6,888 | +€6,888 | |
| Other amounts receivable | 41 | - | €658 | +€658 | |
| Cash at bank and in hand | 54/58 | €198,830 | €232,355 | +€33,525 | +16.9% |
| Deferred charges and accrued income | 490/1 | €314 | €244 | -€70 | -22.4% |
| Total equity and liabilities | 10/49 | €200,056 | €240,469 | +€40,413 | +20.2% |
| Equity | 10/15 | €185,801 | €226,252 | +€40,451 | +21.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €68,818 | €68,818 | +€0 | 0.0% |
| Distributable reserves | 133 | €68,818 | €68,818 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €113,983 | €154,433 | +€40,450 | +35.5% |
| Amounts payable | 17/49 | €14,255 | €14,217 | -€38 | -0.3% |
| Amounts payable within one year | 42/48 | €14,255 | €14,217 | -€38 | -0.3% |
| Trade debts | 44 | €4,332 | €1,240 | -€3,092 | -71.4% |
| Suppliers | 440/4 | €4,332 | €1,240 | -€3,092 | -71.4% |
| Taxes, remuneration and social security | 45 | €9,392 | €10,586 | +€1,194 | +12.7% |
| Taxes | 450/3 | €9,392 | €10,586 | +€1,194 | +12.7% |
| Other amounts payable | 47/48 | €531 | €2,391 | +€1,860 | +350.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €769 | €589 | -€180 | -23.4% |
| Other operating charges | 640/8 | €387 | €651 | +€264 | +68.2% |
| Gross operating margin | 9900 | €26,228 | €52,269 | +€26,041 | +99.3% |
| Operating profit (loss) | 9901 | €25,072 | €51,029 | +€25,957 | +103.5% |
| Financial income | 75/76B | €28 | €0 | -€28 | -99.8% |
| Recurring financial income | 75 | €28 | €0 | -€28 | -99.8% |
| Financial charges | 65/66B | €75 | €67 | -€8 | -10.3% |
| Recurring financial charges | 65 | €75 | €67 | -€8 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | €25,025 | €50,962 | +€25,937 | +103.6% |
| Income taxes | 67/77 | €7,103 | €10,512 | +€3,409 | +48.0% |
| Profit (loss) for the period | 9904 | €17,922 | €40,450 | +€22,528 | +125.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,922 | €40,450 | +€22,528 | +125.7% |
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 4 October 2026 via checked.be.