JMJ EVOLUTION: 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.
JMJ EVOLUTION
Largest movements
- Deferred charges and accrued income +€150,000
new in 2025: €150,000
- Cash -€136,457
down €136,457 (-49.5%), from €275,414 to €138,957
mainly Contributions, distributions and other (-€382,876) and Deferred charges and accrued income (-€150,000)
- Receivables within one year -€111,507
down €111,507 (-45.8%), from €243,352 to €131,846
of which Trade receivables: -€113,762
- Contributions -€226,389
down €226,389 (-83.8%), from €270,000 to €43,611
- Other debts +€132,084
up €132,084 (+73.1%), from €180,606 to €312,690
- Profit (loss) carried forward -€129,126
no longer reported in 2025 (was €129,126)
- Reserves +€101,636
up €101,636 (+57.3%), from €177,360 to €278,996
- Trade debts +€14,828
up €14,828 (+244%), from €6,081 to €20,909
- Financial income -€52,450
down €52,450 (-23.9%), from €219,600 to €167,150
- Financial charges +€35,966
up €35,966 (+51.8%), from €69,415 to €105,381
- Gross operating margin -€12,225
down €12,225 (-5.2%), from €235,956 to €223,732
- Taxes -€8,956
down €8,956 (-39.8%), from €22,525 to €13,568
- Other operating charges -€7,680
down €7,680 (-74.0%), from €10,379 to €2,699
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 | €826,676 | €723,661 | -€103,015 | -12.5% |
| Fixed assets | 21/28 | €307,909 | €302,858 | -€5,051 | -1.6% |
| Tangible fixed assets | 22/27 | €9,008 | €3,957 | -€5,051 | -56.1% |
| Furniture and vehicles | 24 | €9,008 | €3,957 | -€5,051 | -56.1% |
| Financial fixed assets | 28 | €298,901 | €298,901 | = | 0.0% |
| Current assets | 29/58 | €518,767 | €420,803 | -€97,964 | -18.9% |
| Amounts receivable within one year | 40/41 | €243,352 | €131,846 | -€111,507 | -45.8% |
| Trade receivables | 40 | €236,077 | €122,315 | -€113,762 | -48.2% |
| Other amounts receivable | 41 | €7,275 | €9,531 | +€2,256 | +31.0% |
| Cash at bank and in hand | 54/58 | €275,414 | €138,957 | -€136,457 | -49.5% |
| Deferred charges and accrued income | 490/1 | - | €150,000 | +€150,000 | |
| Total equity and liabilities | 10/49 | €826,676 | €723,661 | -€103,015 | -12.5% |
| Equity | 10/15 | €576,486 | €322,607 | -€253,880 | -44.0% |
| Contributions | 10/11 | €270,000 | €43,611 | -€226,389 | -83.8% |
| Reserves | 13 | €177,360 | €278,996 | +€101,636 | +57.3% |
| Distributable reserves | 133 | €177,360 | €278,996 | +€101,636 | +57.3% |
| Profit (loss) carried forward | 14 | €129,126 | - | -€129,126 | |
| Amounts payable | 17/49 | €250,190 | €401,055 | +€150,865 | +60.3% |
| Amounts payable within one year | 42/48 | €250,190 | €401,055 | +€150,865 | +60.3% |
| Trade debts | 44 | €6,081 | €20,909 | +€14,828 | +244% |
| Suppliers | 440/4 | €6,081 | €20,909 | +€14,828 | +244% |
| Taxes, remuneration and social security | 45 | €63,503 | €67,456 | +€3,953 | +6.2% |
| Taxes | 450/3 | €43,565 | €42,288 | -€1,278 | -2.9% |
| Remuneration and social security | 454/9 | €19,938 | €25,168 | +€5,230 | +26.2% |
| Other amounts payable | 47/48 | €180,606 | €312,690 | +€132,084 | +73.1% |
| Remuneration, social security and pensions | 62 | €131,889 | €135,186 | +€3,297 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,286 | €5,051 | +€2,765 | +121% |
| Other operating charges | 640/8 | €10,379 | €2,699 | -€7,680 | -74.0% |
| Gross operating margin | 9900 | €235,956 | €223,732 | -€12,225 | -5.2% |
| Operating profit (loss) | 9901 | €91,402 | €80,795 | -€10,607 | -11.6% |
| Financial income | 75/76B | €219,600 | €167,150 | -€52,450 | -23.9% |
| Recurring financial income | 75 | €219,600 | €167,150 | -€52,450 | -23.9% |
| Financial charges | 65/66B | €69,415 | €105,381 | +€35,966 | +51.8% |
| Recurring financial charges | 65 | €69,415 | €105,381 | +€35,966 | +51.8% |
| Profit (loss) for the period before taxes | 9903 | €241,588 | €142,565 | -€99,023 | -41.0% |
| Income taxes | 67/77 | €22,525 | €13,568 | -€8,956 | -39.8% |
| Profit (loss) for the period | 9904 | €219,063 | €128,996 | -€90,067 | -41.1% |
| Profit (loss) for the period to be appropriated | 9905 | €219,063 | €128,996 | -€90,067 | -41.1% |
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 24 October 2026 via checked.be.