JMO AGRI: 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.
JMO AGRI
Largest movements
- Tangible fixed assets +€311,818
up €311,818 (+51.4%), from €606,744 to €918,563
of which Plant, machinery and equipment: +€202,831
- Cash -€45,543
down €45,543 (-86.7%), from €52,502 to €6,959
mainly Investment in fixed assets (net) (-€490,133) and Trade debts (-€58,477)
- Debts after one year +€256,584
up €256,584 (+129%), from €198,409 to €454,994
- Other debts +€71,353
up €71,353 (+72.8%), from €97,969 to €169,322
- Trade debts -€58,477
down €58,477 (-64.4%), from €90,829 to €32,352
of which Bills of exchange payable: -€34,515
- Gross operating margin +€57,092
up €57,092 (+39.9%), from €142,970 to €200,062
- Depreciation +€36,983
up €36,983 (+26.2%), from €141,331 to €178,315
- Financial charges +€8,429
up €8,429 (+107%), from €7,866 to €16,295
- Staff costs +€6,144
up €6,144 (+147%), from €4,180 to €10,324
- Financial income -€3,101
down €3,101 (-39.0%), from €7,948 to €4,846
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 | €671,408 | €944,926 | +€273,517 | +40.7% |
| Fixed assets | 21/28 | €606,794 | €918,613 | +€311,818 | +51.4% |
| Tangible fixed assets | 22/27 | €606,744 | €918,563 | +€311,818 | +51.4% |
| Plant, machinery and equipment | 23 | €421,666 | €624,497 | +€202,831 | +48.1% |
| Furniture and vehicles | 24 | €185,078 | €294,066 | +€108,988 | +58.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €64,614 | €26,313 | -€38,301 | -59.3% |
| Stocks and contracts in progress | 3 | €1,295 | €2,438 | +€1,143 | +88.2% |
| Stocks | 30/36 | €1,295 | €2,438 | +€1,143 | +88.2% |
| Amounts receivable within one year | 40/41 | - | €1,377 | +€1,377 | |
| Other amounts receivable | 41 | - | €1,377 | +€1,377 | |
| Cash at bank and in hand | 54/58 | €52,502 | €6,959 | -€45,543 | -86.7% |
| Deferred charges and accrued income | 490/1 | €10,817 | €15,539 | +€4,722 | +43.7% |
| Total equity and liabilities | 10/49 | €671,408 | €944,926 | +€273,517 | +40.7% |
| Equity | 10/15 | €147,034 | €142,278 | -€4,756 | -3.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €31,324 | €27,204 | -€4,120 | -13.2% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,324 | €25,204 | -€4,120 | -14.0% |
| Profit (loss) carried forward | 14 | €83,071 | €87,251 | +€4,180 | +5.0% |
| Investment grants | 15 | €12,639 | €7,823 | -€4,816 | -38.1% |
| Provisions and deferred taxes | 16 | €10,550 | €9,520 | -€1,030 | -9.8% |
| Deferred taxes | 168 | €10,550 | €9,520 | -€1,030 | -9.8% |
| Amounts payable | 17/49 | €513,824 | €793,128 | +€279,304 | +54.4% |
| Amounts payable after more than one year | 17 | €198,409 | €454,994 | +€256,584 | +129% |
| Financial debts | 170/4 | €198,409 | €454,994 | +€256,584 | +129% |
| Amounts payable within one year | 42/48 | €315,415 | €338,135 | +€22,719 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €124,168 | €128,514 | +€4,346 | +3.5% |
| Trade debts | 44 | €90,829 | €32,352 | -€58,477 | -64.4% |
| Suppliers | 440/4 | €47,200 | €23,238 | -€23,963 | -50.8% |
| Bills of exchange payable | 441 | €43,628 | €9,114 | -€34,515 | -79.1% |
| Taxes, remuneration and social security | 45 | €2,450 | €7,947 | +€5,498 | +224% |
| Taxes | 450/3 | €1,450 | €1,276 | -€174 | -12.0% |
| Remuneration and social security | 454/9 | €1,000 | €6,671 | +€5,671 | +567% |
| Other amounts payable | 47/48 | €97,969 | €169,322 | +€71,353 | +72.8% |
| Remuneration, social security and pensions | 62 | €4,180 | €10,324 | +€6,144 | +147% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,331 | €178,315 | +€36,983 | +26.2% |
| Other operating charges | 640/8 | €1,317 | €736 | -€581 | -44.1% |
| Gross operating margin | 9900 | €142,970 | €200,062 | +€57,092 | +39.9% |
| Operating profit (loss) | 9901 | -€3,858 | €10,687 | +€14,546 | |
| Financial income | 75/76B | €7,948 | €4,846 | -€3,101 | -39.0% |
| Recurring financial income | 75 | €7,948 | €4,846 | -€3,101 | -39.0% |
| Financial charges | 65/66B | €7,866 | €16,295 | +€8,429 | +107% |
| Recurring financial charges | 65 | €7,866 | €16,295 | +€8,429 | +107% |
| Profit (loss) for the period before taxes | 9903 | -€3,777 | -€762 | +€3,015 | +79.8% |
| Transfer from deferred taxes | 780 | €1,030 | €1,030 | = | 0.0% |
| Income taxes | 67/77 | €135 | €209 | +€74 | +54.7% |
| Profit (loss) for the period | 9904 | -€2,882 | €60 | +€2,941 | |
| Transfer from tax-exempt reserves | 789 | €4,120 | €4,120 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,238 | €4,180 | +€2,941 | +238% |
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 20 October 2026 via checked.be.