JMJ Management: 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 Management
Largest movements
- Receivables within one year -€10,824
down €10,824 (-11.6%), from €92,913 to €82,089
of which Trade receivables: -€9,050
- Tangible fixed assets -€1,490
down €1,490 (-12.3%), from €12,158 to €10,668
of which Other tangible fixed assets: -€1,173
- Trade debts -€13,025
down €13,025 (-86.7%), from €15,025 to €2,000
- Other debts +€7,650
up €7,650 (+34.8%), from €21,983 to €29,633
- Tax, wage and social debts -€6,988
down €6,988 (-93.6%), from €7,465 to €477
- Gross operating margin -€12,086
down €12,086 (-78.6%), from €15,373 to €3,286
- Financial income -€8,056
down €8,056 (-100.0%), from €8,056 to €0
- Taxes -€2,323
down €2,323 (-83.0%), from €2,800 to €477
- Depreciation +€965
up €965 (+184%), from €525 to €1,490
- Other operating charges +€789
up €789 (+669%), from €118 to €907
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 | €106,470 | €94,338 | -€12,132 | -11.4% |
| Fixed assets | 21/28 | €13,491 | €12,001 | -€1,490 | -11.0% |
| Tangible fixed assets | 22/27 | €12,158 | €10,668 | -€1,490 | -12.3% |
| Furniture and vehicles | 24 | €780 | €464 | -€317 | -40.6% |
| Other tangible fixed assets | 26 | €11,378 | €10,204 | -€1,173 | -10.3% |
| Financial fixed assets | 28 | €1,333 | €1,333 | = | 0.0% |
| Current assets | 29/58 | €92,979 | €82,337 | -€10,642 | -11.4% |
| Amounts receivable within one year | 40/41 | €92,913 | €82,089 | -€10,824 | -11.6% |
| Trade receivables | 40 | €12,100 | €3,050 | -€9,050 | -74.8% |
| Other amounts receivable | 41 | €80,813 | €79,039 | -€1,774 | -2.2% |
| Cash at bank and in hand | 54/58 | €66 | €248 | +€181 | +273% |
| Total equity and liabilities | 10/49 | €106,470 | €94,338 | -€12,132 | -11.4% |
| Equity | 10/15 | €49,567 | €49,797 | +€230 | +0.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €48,567 | €48,797 | +€230 | +0.5% |
| Distributable reserves | 133 | €48,567 | €48,797 | +€230 | +0.5% |
| Amounts payable | 17/49 | €56,904 | €44,541 | -€12,363 | -21.7% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,473 | €32,110 | -€12,363 | -27.8% |
| Trade debts | 44 | €15,025 | €2,000 | -€13,025 | -86.7% |
| Suppliers | 440/4 | €15,025 | €2,000 | -€13,025 | -86.7% |
| Taxes, remuneration and social security | 45 | €7,465 | €477 | -€6,988 | -93.6% |
| Taxes | 450/3 | €7,465 | €477 | -€6,988 | -93.6% |
| Other amounts payable | 47/48 | €21,983 | €29,633 | +€7,650 | +34.8% |
| Accrued charges and deferred income | 492/3 | €2,431 | €2,431 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €525 | €1,490 | +€965 | +184% |
| Other operating charges | 640/8 | €118 | €907 | +€789 | +669% |
| Gross operating margin | 9900 | €15,373 | €3,286 | -€12,086 | -78.6% |
| Operating profit (loss) | 9901 | €14,729 | €889 | -€13,840 | -94.0% |
| Financial income | 75/76B | €8,056 | €0 | -€8,056 | -100.0% |
| Recurring financial income | 75 | €8,056 | €0 | -€8,056 | -100.0% |
| Financial charges | 65/66B | €725 | €182 | -€543 | -74.9% |
| Recurring financial charges | 65 | €725 | €182 | -€543 | -74.9% |
| Profit (loss) for the period before taxes | 9903 | €22,060 | €708 | -€21,353 | -96.8% |
| Income taxes | 67/77 | €2,800 | €477 | -€2,323 | -83.0% |
| Profit (loss) for the period | 9904 | €19,261 | €230 | -€19,030 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,261 | €230 | -€19,030 | -98.8% |
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 17 October 2026 via checked.be.