JMM PARTNER: 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.
JMM PARTNER
Largest movements
- Cash -€44,566
down €44,566 (-73.0%), from €61,064 to €16,497
mainly Other debts (-€26,128) and Tax, wage and social debts (-€18,361)
- Tangible fixed assets -€3,366
no longer reported in 2025 (was €3,366)
- Other debts -€26,128
down €26,128 (-86.3%), from €30,265 to €4,137
- Tax, wage and social debts -€18,361
down €18,361 (-81.6%), from €22,497 to €4,136
- Profit (loss) carried forward -€4,526
down €4,526, from €949 to -€3,577
- Trade debts +€1,171
new in 2025: €1,171
- Gross operating margin -€66,924
down €66,924, from €64,256 to -€2,667
- Taxes -€18,851
down €18,851 (-97.6%), from €19,325 to €473
- Depreciation -€1,196
no longer reported in 2025 (was €1,196)
- Other operating charges +€972
up €972 (+286.0%), from €340 to €1,312
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 | €68,059 | €20,127 | -€47,932 | -70.4% |
| Fixed assets | 21/28 | €3,366 | - | -€3,366 | |
| Tangible fixed assets | 22/27 | €3,366 | - | -€3,366 | |
| Furniture and vehicles | 24 | €3,366 | - | -€3,366 | |
| Current assets | 29/58 | €64,694 | €20,127 | -€44,566 | -68.9% |
| Amounts receivable within one year | 40/41 | €3,630 | €3,630 | = | 0.0% |
| Trade receivables | 40 | €3,630 | €3,630 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,064 | €16,497 | -€44,566 | -73.0% |
| Total equity and liabilities | 10/49 | €68,059 | €20,127 | -€47,932 | -70.4% |
| Equity | 10/15 | €15,209 | €10,683 | -€4,526 | -29.8% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Contributions outside capital | 11 | €14,260 | €14,260 | = | 0.0% |
| Share premium | 1100/10 | €14,260 | €14,260 | = | 0.0% |
| Profit (loss) carried forward | 14 | €949 | -€3,577 | -€4,526 | |
| Amounts payable | 17/49 | €52,850 | €9,444 | -€43,406 | -82.1% |
| Amounts payable within one year | 42/48 | €52,762 | €9,444 | -€43,318 | -82.1% |
| Trade debts | 44 | - | €1,171 | +€1,171 | |
| Suppliers | 440/4 | - | €1,171 | +€1,171 | |
| Taxes, remuneration and social security | 45 | €22,497 | €4,136 | -€18,361 | -81.6% |
| Taxes | 450/3 | €22,497 | €4,136 | -€18,361 | -81.6% |
| Other amounts payable | 47/48 | €30,265 | €4,137 | -€26,128 | -86.3% |
| Accrued charges and deferred income | 492/3 | €88 | - | -€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,196 | - | -€1,196 | |
| Other operating charges | 640/8 | €340 | €1,312 | +€972 | +286.0% |
| Gross operating margin | 9900 | €64,256 | -€2,667 | -€66,924 | |
| Operating profit (loss) | 9901 | €62,720 | -€3,980 | -€66,700 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €69 | €73 | +€4 | +5.6% |
| Recurring financial charges | 65 | €69 | €73 | +€4 | +5.6% |
| Profit (loss) for the period before taxes | 9903 | €62,651 | -€4,053 | -€66,704 | |
| Income taxes | 67/77 | €19,325 | €473 | -€18,851 | -97.6% |
| Profit (loss) for the period | 9904 | €43,326 | -€4,526 | -€47,852 | |
| Profit (loss) for the period to be appropriated | 9905 | €43,326 | -€4,526 | -€47,852 |
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 12 October 2026 via checked.be.