JMR CONSTRUCT: 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.
JMR CONSTRUCT
Largest movements
- Cash -€102,446
down €102,446 (-85.8%), from €119,365 to €16,919
mainly Current investments (-€70,130) and Receivables within one year (-€67,531)
- Current investments +€70,130
new in 2025: €70,130
- Receivables within one year +€67,531
up €67,531 (+634%), from €10,644 to €78,175
of which Other amounts receivable: +€57,369
- Tangible fixed assets -€10,033
down €10,033 (-40.8%), from €24,596 to €14,564
of which Furniture and vehicles: -€8,954
- Deferred charges and accrued income -€3,543
down €3,543 (-59.1%), from €5,997 to €2,454
- Reserves +€18,281
up €18,281 (+21.6%), from €84,635 to €102,916
- Other debts +€13,122
up €13,122 (+22.3%), from €58,851 to €71,972
- Tax, wage and social debts -€7,675
down €7,675 (-100%), from €7,675 to €0
- Trade debts -€1,950
down €1,950 (-23.5%), from €8,305 to €6,355
- Gross operating margin -€19,346
down €19,346 (-33.9%), from €57,090 to €37,744
- Taxes -€5,707
down €5,707 (-49.9%), from €11,437 to €5,729
- Financial charges +€4,489
up €4,489 (+8,107%), from €55 to €4,545
- Financial income +€1,154
up €1,154 (+587%), from €196 to €1,350
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 | €160,603 | €182,242 | +€21,639 | +13.5% |
| Fixed assets | 21/28 | €24,596 | €14,564 | -€10,033 | -40.8% |
| Tangible fixed assets | 22/27 | €24,596 | €14,564 | -€10,033 | -40.8% |
| Plant, machinery and equipment | 23 | €2,338 | €1,259 | -€1,079 | -46.2% |
| Furniture and vehicles | 24 | €22,258 | €13,305 | -€8,954 | -40.2% |
| Current assets | 29/58 | €136,007 | €167,679 | +€31,672 | +23.3% |
| Amounts receivable within one year | 40/41 | €10,644 | €78,175 | +€67,531 | +634% |
| Trade receivables | 40 | €7,022 | €17,184 | +€10,161 | +145% |
| Other amounts receivable | 41 | €3,622 | €60,992 | +€57,369 | +1,584% |
| Current investments | 50/53 | - | €70,130 | +€70,130 | |
| Cash at bank and in hand | 54/58 | €119,365 | €16,919 | -€102,446 | -85.8% |
| Deferred charges and accrued income | 490/1 | €5,997 | €2,454 | -€3,543 | -59.1% |
| Total equity and liabilities | 10/49 | €160,603 | €182,242 | +€21,639 | +13.5% |
| Equity | 10/15 | €85,635 | €103,916 | +€18,281 | +21.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €84,635 | €102,916 | +€18,281 | +21.6% |
| Distributable reserves | 133 | €84,635 | €102,916 | +€18,281 | +21.6% |
| Amounts payable | 17/49 | €74,969 | €78,327 | +€3,358 | +4.5% |
| Amounts payable within one year | 42/48 | €74,830 | €78,327 | +€3,497 | +4.7% |
| Trade debts | 44 | €8,305 | €6,355 | -€1,950 | -23.5% |
| Suppliers | 440/4 | €8,305 | €6,355 | -€1,950 | -23.5% |
| Taxes, remuneration and social security | 45 | €7,675 | €0 | -€7,675 | -100% |
| Taxes | 450/3 | €7,675 | €0 | -€7,675 | -100% |
| Other amounts payable | 47/48 | €58,851 | €71,972 | +€13,122 | +22.3% |
| Accrued charges and deferred income | 492/3 | €138 | €0 | -€138 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,745 | €10,033 | +€288 | +3.0% |
| Other operating charges | 640/8 | €339 | €507 | +€168 | +49.6% |
| Gross operating margin | 9900 | €57,090 | €37,744 | -€19,346 | -33.9% |
| Operating profit (loss) | 9901 | €47,006 | €27,205 | -€19,802 | -42.1% |
| Financial income | 75/76B | €196 | €1,350 | +€1,154 | +587% |
| Recurring financial income | 75 | €196 | €1,350 | +€1,154 | +587% |
| Financial charges | 65/66B | €55 | €4,545 | +€4,489 | +8,107% |
| Recurring financial charges | 65 | €55 | €4,545 | +€4,489 | +8,107% |
| Profit (loss) for the period before taxes | 9903 | €47,148 | €24,010 | -€23,137 | -49.1% |
| Income taxes | 67/77 | €11,437 | €5,729 | -€5,707 | -49.9% |
| Profit (loss) for the period | 9904 | €35,711 | €18,281 | -€17,430 | -48.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,711 | €18,281 | -€17,430 | -48.8% |
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 25 October 2026 via checked.be.