JMLD 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.
JMLD MANAGEMENT
Largest movements
- Cash +€40,710
up €40,710 (+78.1%), from €52,105 to €92,815
mainly Net result for the year (+€47,829) and Other debts (+€40,839)
- Tangible fixed assets -€8,553
down €8,553 (-22.5%), from €38,002 to €29,450
of which Furniture and vehicles: -€7,389
- Receivables within one year -€1,877
down €1,877 (-4.7%), from €40,026 to €38,149
of which Trade receivables: -€9,368
- Other debts +€40,839
up €40,839 (+207.2%), from €19,707 to €60,546
- Profit (loss) carried forward -€27,171
down €27,171 (-86.3%), from €31,493 to €4,322
- Tax, wage and social debts +€20,051
up €20,051 (+71.1%), from €28,193 to €48,244
of which Taxes: +€19,747
- Debts after one year -€12,971
down €12,971 (-79.7%), from €16,275 to €3,304
- Trade debts +€8,794
up €8,794 (+435.5%), from €2,019 to €10,813
- Gross operating margin -€14,627
down €14,627 (-15.5%), from €94,312 to €79,685
- Taxes -€2,768
down €2,768 (-14.7%), from €18,850 to €16,082
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 | €131,345 | €161,654 | +€30,309 | +23.1% |
| Fixed assets | 21/28 | €38,002 | €29,450 | -€8,553 | -22.5% |
| Tangible fixed assets | 22/27 | €38,002 | €29,450 | -€8,553 | -22.5% |
| Plant, machinery and equipment | 23 | €1,163 | - | -€1,163 | |
| Furniture and vehicles | 24 | €36,839 | €29,450 | -€7,389 | -20.1% |
| Current assets | 29/58 | €93,342 | €132,204 | +€38,862 | +41.6% |
| Amounts receivable within one year | 40/41 | €40,026 | €38,149 | -€1,877 | -4.7% |
| Trade receivables | 40 | €39,017 | €29,649 | -€9,368 | -24.0% |
| Other amounts receivable | 41 | €1,010 | €8,500 | +€7,491 | +742.0% |
| Cash at bank and in hand | 54/58 | €52,105 | €92,815 | +€40,710 | +78.1% |
| Deferred charges and accrued income | 490/1 | €1,211 | €1,240 | +€28 | +2.3% |
| Total equity and liabilities | 10/49 | €131,345 | €161,654 | +€30,309 | +23.1% |
| Equity | 10/15 | €51,953 | €24,782 | -€27,171 | -52.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,493 | €4,322 | -€27,171 | -86.3% |
| Amounts payable | 17/49 | €79,392 | €136,871 | +€57,480 | +72.4% |
| Amounts payable after more than one year | 17 | €16,275 | €3,304 | -€12,971 | -79.7% |
| Financial debts | 170/4 | €16,275 | €3,304 | -€12,971 | -79.7% |
| Amounts payable within one year | 42/48 | €62,506 | €132,574 | +€70,068 | +112.1% |
| Current portion of amounts payable after more than one year | 42 | €12,587 | €12,971 | +€384 | +3.0% |
| Trade debts | 44 | €2,019 | €10,813 | +€8,794 | +435.5% |
| Suppliers | 440/4 | €2,019 | €10,813 | +€8,794 | +435.5% |
| Taxes, remuneration and social security | 45 | €28,193 | €48,244 | +€20,051 | +71.1% |
| Taxes | 450/3 | €24,665 | €44,412 | +€19,747 | +80.1% |
| Remuneration and social security | 454/9 | €3,528 | €3,832 | +€304 | +8.6% |
| Other amounts payable | 47/48 | €19,707 | €60,546 | +€40,839 | +207.2% |
| Accrued charges and deferred income | 492/3 | €610 | €993 | +€383 | +62.7% |
| Remuneration, social security and pensions | 62 | €387 | €400 | +€12 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,093 | €13,608 | -€485 | -3.4% |
| Other operating charges | 640/8 | €1,117 | €934 | -€183 | -16.4% |
| Gross operating margin | 9900 | €94,312 | €79,685 | -€14,627 | -15.5% |
| Operating profit (loss) | 9901 | €78,715 | €64,743 | -€13,971 | -17.7% |
| Financial income | 75/76B | €682 | €10 | -€672 | -98.6% |
| Recurring financial income | 75 | €682 | €10 | -€672 | -98.6% |
| Financial charges | 65/66B | €1,493 | €841 | -€652 | -43.7% |
| Recurring financial charges | 65 | €1,215 | €841 | -€374 | -30.8% |
| Non-recurring financial charges | 66B | €278 | - | -€278 | |
| Profit (loss) for the period before taxes | 9903 | €77,903 | €63,912 | -€13,991 | -18.0% |
| Income taxes | 67/77 | €18,850 | €16,082 | -€2,768 | -14.7% |
| Profit (loss) for the period | 9904 | €59,053 | €47,829 | -€11,224 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €59,053 | €47,829 | -€11,224 | -19.0% |
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 11 October 2026 via checked.be.