JML ELECTRO: 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.
JML ELECTRO
Largest movements
- Tangible fixed assets +€224,334
up €224,334 (+11080.6%), from €2,025 to €226,359
of which Land and buildings: +€189,602
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Cash +€10,856
up €10,856 (+9.3%), from €116,653 to €127,508
mainly Debts after one year (+€182,307) and Current investments (+€50,000)
- Debts after one year +€182,307
new in 2025: €182,307
- Current portion of long-term debt +€8,736
new in 2025: €8,736
- Other debts -€6,301
down €6,301 (-61.0%), from €10,328 to €4,028
- Depreciation +€30,679
up €30,679 (+3634.8%), from €844 to €31,523
- Gross operating margin +€8,958
up €8,958 (+11.9%), from €75,127 to €84,085
- Taxes -€5,641
down €5,641 (-84.0%), from €6,716 to €1,075
- Staff costs -€4,994
down €4,994 (-9.5%), from €52,726 to €47,732
- Provisions +€4,000
no longer reported in 2025 (was -€4,000)
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 | €293,022 | €476,199 | +€183,177 | +62.5% |
| Fixed assets | 21/28 | €82,075 | €306,409 | +€224,334 | +273.3% |
| Tangible fixed assets | 22/27 | €2,025 | €226,359 | +€224,334 | +11080.6% |
| Land and buildings | 22 | - | €189,602 | +€189,602 | |
| Furniture and vehicles | 24 | €2,025 | €36,757 | +€34,732 | +1715.6% |
| Financial fixed assets | 28 | €80,050 | €80,050 | = | 0.0% |
| Current assets | 29/58 | €210,947 | €169,790 | -€41,157 | -19.5% |
| Stocks and contracts in progress | 3 | €34,996 | €34,747 | -€248 | -0.7% |
| Stocks | 30/36 | €34,996 | €34,747 | -€248 | -0.7% |
| Amounts receivable within one year | 40/41 | €7,059 | €4,958 | -€2,102 | -29.8% |
| Trade receivables | 40 | €4,554 | €472 | -€4,082 | -89.6% |
| Other amounts receivable | 41 | €2,505 | €4,486 | +€1,981 | +79.1% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €116,653 | €127,508 | +€10,856 | +9.3% |
| Deferred charges and accrued income | 490/1 | €2,240 | €2,577 | +€337 | +15.1% |
| Total equity and liabilities | 10/49 | €293,022 | €476,199 | +€183,177 | +62.5% |
| Equity | 10/15 | €255,373 | €252,866 | -€2,507 | -1.0% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €240,813 | €238,306 | -€2,507 | -1.0% |
| Amounts payable | 17/49 | €37,649 | €223,333 | +€185,684 | +493.2% |
| Amounts payable after more than one year | 17 | - | €182,307 | +€182,307 | |
| Financial debts | 170/4 | - | €182,307 | +€182,307 | |
| Amounts payable within one year | 42/48 | €37,649 | €41,026 | +€3,377 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | - | €8,736 | +€8,736 | |
| Trade debts | 44 | €11,116 | €13,012 | +€1,896 | +17.1% |
| Suppliers | 440/4 | €11,116 | €13,012 | +€1,896 | +17.1% |
| Taxes, remuneration and social security | 45 | €16,205 | €15,251 | -€953 | -5.9% |
| Taxes | 450/3 | €7,271 | €6,203 | -€1,068 | -14.7% |
| Remuneration and social security | 454/9 | €8,934 | €9,048 | +€114 | +1.3% |
| Other amounts payable | 47/48 | €10,328 | €4,028 | -€6,301 | -61.0% |
| Remuneration, social security and pensions | 62 | €52,726 | €47,732 | -€4,994 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €31,523 | +€30,679 | +3634.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€4,000 | - | +€4,000 | |
| Other operating charges | 640/8 | €698 | €737 | +€38 | +5.5% |
| Gross operating margin | 9900 | €75,127 | €84,085 | +€8,958 | +11.9% |
| Operating profit (loss) | 9901 | €24,858 | €4,094 | -€20,765 | -83.5% |
| Financial income | 75/76B | €745 | €631 | -€114 | -15.3% |
| Recurring financial income | 75 | €745 | €631 | -€114 | -15.3% |
| Financial charges | 65/66B | €765 | €2,157 | +€1,393 | +182.1% |
| Recurring financial charges | 65 | €765 | €2,157 | +€1,393 | +182.1% |
| Profit (loss) for the period before taxes | 9903 | €24,839 | €2,568 | -€22,272 | -89.7% |
| Income taxes | 67/77 | €6,716 | €1,075 | -€5,641 | -84.0% |
| Profit (loss) for the period | 9904 | €18,123 | €1,493 | -€16,631 | -91.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,123 | €1,493 | -€16,631 | -91.8% |
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 3 October 2026 via checked.be.