JMK-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.
JMK-Management
Largest movements
- Deferred charges and accrued income +€11,850
up €11,850 (+418%), from €2,835 to €14,684
- Cash -€10,440
down €10,440 (-60.8%), from €17,169 to €6,728
mainly Deferred charges and accrued income (-€11,850) and Net result for the year (-€4,998)
- Receivables within one year -€6,322
down €6,322 (-53.1%), from €11,900 to €5,578
of which Trade receivables: -€9,978
- Tangible fixed assets -€3,643
down €3,643 (-33.9%), from €10,736 to €7,093
of which Furniture and vehicles: -€2,344
- Reserves -€4,998
down €4,998 (-31.5%), from €15,848 to €10,850
- Tax, wage and social debts -€4,697
down €4,697 (-82.4%), from €5,697 to €1,000
of which Remuneration and social security: -€3,000
- Trade debts +€1,033
up €1,033 (+43.4%), from €2,380 to €3,414
- Gross operating margin -€11,113
down €11,113 (-84.3%), from €13,188 to €2,075
- Taxes -€1,922
down €1,922 (-56.2%), from €3,417 to €1,495
- Financial charges +€748
up €748 (+636%), from €118 to €866
- Depreciation +€731
up €731 (+25.1%), from €2,912 to €3,643
- Other operating charges -€147
down €147 (-12.1%), from €1,216 to €1,069
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 | €42,639 | €34,083 | -€8,556 | -20.1% |
| Fixed assets | 21/28 | €10,736 | €7,093 | -€3,643 | -33.9% |
| Tangible fixed assets | 22/27 | €10,736 | €7,093 | -€3,643 | -33.9% |
| Plant, machinery and equipment | 23 | €5,929 | €4,630 | -€1,299 | -21.9% |
| Furniture and vehicles | 24 | €4,807 | €2,464 | -€2,344 | -48.8% |
| Current assets | 29/58 | €31,903 | €26,990 | -€4,913 | -15.4% |
| Amounts receivable within one year | 40/41 | €11,900 | €5,578 | -€6,322 | -53.1% |
| Trade receivables | 40 | €11,321 | €1,343 | -€9,978 | -88.1% |
| Other amounts receivable | 41 | €579 | €4,235 | +€3,656 | +632% |
| Cash at bank and in hand | 54/58 | €17,169 | €6,728 | -€10,440 | -60.8% |
| Deferred charges and accrued income | 490/1 | €2,835 | €14,684 | +€11,850 | +418% |
| Total equity and liabilities | 10/49 | €42,639 | €34,083 | -€8,556 | -20.1% |
| Equity | 10/15 | €34,448 | €29,450 | -€4,998 | -14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,848 | €10,850 | -€4,998 | -31.5% |
| Distributable reserves | 133 | €15,848 | €10,850 | -€4,998 | -31.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €8,191 | €4,633 | -€3,558 | -43.4% |
| Amounts payable within one year | 42/48 | €8,175 | €4,512 | -€3,664 | -44.8% |
| Trade debts | 44 | €2,380 | €3,414 | +€1,033 | +43.4% |
| Suppliers | 440/4 | €2,380 | €3,414 | +€1,033 | +43.4% |
| Taxes, remuneration and social security | 45 | €5,697 | €1,000 | -€4,697 | -82.4% |
| Taxes | 450/3 | €2,697 | €1,000 | -€1,697 | -62.9% |
| Remuneration and social security | 454/9 | €3,000 | €0 | -€3,000 | -100% |
| Other amounts payable | 47/48 | €98 | €98 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €16 | €122 | +€106 | +673% |
| Non-recurring operating income | 76A | - | €452 | +€452 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,912 | €3,643 | +€731 | +25.1% |
| Other operating charges | 640/8 | €1,216 | €1,069 | -€147 | -12.1% |
| Gross operating margin | 9900 | €13,188 | €2,075 | -€11,113 | -84.3% |
| Operating profit (loss) | 9901 | €9,061 | -€2,637 | -€11,698 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €118 | €866 | +€748 | +636% |
| Recurring financial charges | 65 | €118 | €866 | +€748 | +636% |
| Profit (loss) for the period before taxes | 9903 | €8,943 | -€3,503 | -€12,446 | |
| Income taxes | 67/77 | €3,417 | €1,495 | -€1,922 | -56.2% |
| Profit (loss) for the period | 9904 | €5,526 | -€4,998 | -€10,524 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,526 | -€4,998 | -€10,524 |
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 15 October 2026 via checked.be.