JMLOCA: 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.
JMLOCA
Largest movements
- Tangible fixed assets +€218,721
up €218,721 (+132.4%), from €165,250 to €383,971
of which Plant, machinery and equipment: +€160,826
- Cash +€150,192
up €150,192 (+61.1%), from €245,853 to €396,045
mainly Depreciation (+€150,023) and Debts after one year (+€131,604)
- Receivables within one year -€77,923
down €77,923 (-40.2%), from €193,955 to €116,032
of which Trade receivables: -€127,785
- Debts after one year +€131,604
up €131,604 (+376.1%), from €34,989 to €166,593
- Trade debts +€103,275
up €103,275 (+118.9%), from €86,893 to €190,168
- Current portion of long-term debt +€30,435
up €30,435 (+81.3%), from €37,457 to €67,892
- Reserves +€23,972
up €23,972 (+7.9%), from €302,969 to €326,941
of which Tax-exempt reserves: +€24,734
- Gross operating margin +€82,791
up €82,791 (+50.8%), from €163,076 to €245,867
- Write-downs +€25,000
no longer reported in 2024 (was -€25,000)
- Depreciation +€22,192
up €22,192 (+17.4%), from €127,831 to €150,023
- Financial charges +€7,747
up €7,747 (+157.9%), from €4,906 to €12,653
- Other operating charges +€6,946
up €6,946 (+90.3%), from €7,692 to €14,638
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €644,799 | €935,636 | +€290,837 | +45.1% |
| Fixed assets | 21/28 | €165,720 | €384,441 | +€218,721 | +132.0% |
| Tangible fixed assets | 22/27 | €165,250 | €383,971 | +€218,721 | +132.4% |
| Plant, machinery and equipment | 23 | €97,663 | €258,489 | +€160,826 | +164.7% |
| Furniture and vehicles | 24 | €67,587 | €125,482 | +€57,895 | +85.7% |
| Financial fixed assets | 28 | €470 | €470 | = | 0.0% |
| Current assets | 29/58 | €479,079 | €551,195 | +€72,116 | +15.1% |
| Stocks and contracts in progress | 3 | €39,271 | €39,118 | -€153 | -0.4% |
| Stocks | 30/36 | €7,072 | €4,046 | -€3,026 | -42.8% |
| Contracts in progress | 37 | €32,199 | €35,072 | +€2,873 | +8.9% |
| Amounts receivable within one year | 40/41 | €193,955 | €116,032 | -€77,923 | -40.2% |
| Trade receivables | 40 | €143,718 | €15,933 | -€127,785 | -88.9% |
| Other amounts receivable | 41 | €50,237 | €100,099 | +€49,862 | +99.3% |
| Cash at bank and in hand | 54/58 | €245,853 | €396,045 | +€150,192 | +61.1% |
| Total equity and liabilities | 10/49 | €644,799 | €935,636 | +€290,837 | +45.1% |
| Equity | 10/15 | €414,294 | €437,406 | +€23,112 | +5.6% |
| Contributions | 10/11 | €27,186 | €27,186 | = | 0.0% |
| Reserves | 13 | €302,969 | €326,941 | +€23,972 | +7.9% |
| Tax-exempt reserves | 132 | €172,038 | €196,772 | +€24,734 | +14.4% |
| Distributable reserves | 133 | €130,931 | €130,169 | -€762 | -0.6% |
| Profit (loss) carried forward | 14 | €84,139 | €83,279 | -€860 | -1.0% |
| Provisions and deferred taxes | 16 | €36,838 | €43,022 | +€6,184 | +16.8% |
| Deferred taxes | 168 | €36,838 | €43,022 | +€6,184 | +16.8% |
| Amounts payable | 17/49 | €193,667 | €455,208 | +€261,541 | +135.0% |
| Amounts payable after more than one year | 17 | €34,989 | €166,593 | +€131,604 | +376.1% |
| Financial debts | 170/4 | €34,989 | €166,593 | +€131,604 | +376.1% |
| Amounts payable within one year | 42/48 | €157,907 | €287,580 | +€129,673 | +82.1% |
| Current portion of amounts payable after more than one year | 42 | €37,457 | €67,892 | +€30,435 | +81.3% |
| Trade debts | 44 | €86,893 | €190,168 | +€103,275 | +118.9% |
| Suppliers | 440/4 | €86,893 | €190,168 | +€103,275 | +118.9% |
| Taxes, remuneration and social security | 45 | €18,086 | €16,283 | -€1,803 | -10.0% |
| Taxes | 450/3 | €15,968 | €13,618 | -€2,350 | -14.7% |
| Remuneration and social security | 454/9 | €2,118 | €2,665 | +€547 | +25.8% |
| Other amounts payable | 47/48 | €15,471 | €13,237 | -€2,234 | -14.4% |
| Accrued charges and deferred income | 492/3 | €771 | €1,035 | +€264 | +34.2% |
| Remuneration, social security and pensions | 62 | €6,080 | - | -€6,080 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €127,831 | €150,023 | +€22,192 | +17.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,000 | - | +€25,000 | |
| Other operating charges | 640/8 | €7,692 | €14,638 | +€6,946 | +90.3% |
| Non-recurring operating charges | 66A | €14,786 | €7,913 | -€6,873 | -46.5% |
| Gross operating margin | 9900 | €163,076 | €245,867 | +€82,791 | +50.8% |
| Operating profit (loss) | 9901 | €31,687 | €73,293 | +€41,606 | +131.3% |
| Financial income | 75/76B | - | €924 | +€924 | |
| Recurring financial income | 75 | - | €924 | +€924 | |
| Financial charges | 65/66B | €4,906 | €12,653 | +€7,747 | +157.9% |
| Recurring financial charges | 65 | €4,906 | €12,653 | +€7,747 | +157.9% |
| Profit (loss) for the period before taxes | 9903 | €26,781 | €61,564 | +€34,783 | +129.9% |
| Transfer from deferred taxes | 780 | €11,647 | €13,566 | +€1,919 | +16.5% |
| Transfer to deferred taxes | 680 | €10,151 | €19,750 | +€9,599 | +94.6% |
| Income taxes | 67/77 | €9,966 | €9,468 | -€498 | -5.0% |
| Profit (loss) for the period | 9904 | €18,311 | €45,912 | +€27,601 | +150.7% |
| Transfer from tax-exempt reserves | 789 | €46,587 | €54,266 | +€7,679 | +16.5% |
| Transfer to tax-exempt reserves | 689 | €40,605 | €79,000 | +€38,395 | +94.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,293 | €21,178 | -€3,115 | -12.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.