JMR Group: 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.
JMR Group
Largest movements
- Receivables within one year +€2,777
up €2,777 (+4.8%), from €57,737 to €60,514
of which Other amounts receivable: +€3,564
- Cash +€1,934
up €1,934 (+68.5%), from €2,825 to €4,760
mainly Net result for the year (+€5,225) and Tax, wage and social debts (+€1,954)
- Stocks and contracts -€945
down €945 (-38.7%), from €2,445 to €1,500
- Tangible fixed assets -€873
down €873 (-84.9%), from €1,028 to €155
- Reserves +€5,225
up €5,225 (+16.0%), from €32,662 to €37,887
of which Distributable reserves: +€5,225
- Trade debts -€4,400
down €4,400 (-57.9%), from €7,604 to €3,204
- Tax, wage and social debts +€1,954
up €1,954 (+37.8%), from €5,170 to €7,124
- Gross operating margin +€2,555
up €2,555 (+42.5%), from €6,012 to €8,566
- Taxes +€1,388
new in 2025: €1,388
- Other operating charges +€494
up €494 (+125.2%), from €395 to €889
- Depreciation +€135
up €135 (+18.3%), from €738 to €873
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 | €64,035 | €66,928 | +€2,893 | +4.5% |
| Fixed assets | 21/28 | €1,028 | €155 | -€873 | -84.9% |
| Tangible fixed assets | 22/27 | €1,028 | €155 | -€873 | -84.9% |
| Furniture and vehicles | 24 | €1,028 | €155 | -€873 | -84.9% |
| Current assets | 29/58 | €63,008 | €66,773 | +€3,766 | +6.0% |
| Stocks and contracts in progress | 3 | €2,445 | €1,500 | -€945 | -38.7% |
| Stocks | 30/36 | €2,445 | €1,500 | -€945 | -38.7% |
| Amounts receivable within one year | 40/41 | €57,737 | €60,514 | +€2,777 | +4.8% |
| Trade receivables | 40 | €788 | - | -€788 | |
| Other amounts receivable | 41 | €56,949 | €60,514 | +€3,564 | +6.3% |
| Cash at bank and in hand | 54/58 | €2,825 | €4,760 | +€1,934 | +68.5% |
| Total equity and liabilities | 10/49 | €64,035 | €66,928 | +€2,893 | +4.5% |
| Equity | 10/15 | €51,262 | €56,487 | +€5,225 | +10.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €32,662 | €37,887 | +€5,225 | +16.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €32,662 | €37,887 | +€5,225 | +16.0% |
| Amounts payable | 17/49 | €12,774 | €10,442 | -€2,332 | -18.3% |
| Amounts payable within one year | 42/48 | €12,774 | €10,327 | -€2,446 | -19.2% |
| Trade debts | 44 | €7,604 | €3,204 | -€4,400 | -57.9% |
| Suppliers | 440/4 | €7,604 | €3,204 | -€4,400 | -57.9% |
| Taxes, remuneration and social security | 45 | €5,170 | €7,124 | +€1,954 | +37.8% |
| Taxes | 450/3 | €5,170 | €7,124 | +€1,954 | +37.8% |
| Accrued charges and deferred income | 492/3 | - | €114 | +€114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €738 | €873 | +€135 | +18.3% |
| Other operating charges | 640/8 | €395 | €889 | +€494 | +125.2% |
| Gross operating margin | 9900 | €6,012 | €8,566 | +€2,555 | +42.5% |
| Operating profit (loss) | 9901 | €4,879 | €6,805 | +€1,926 | +39.5% |
| Financial income | 75/76B | €0 | €1 | +€1 | +2125.0% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +2125.0% |
| Financial charges | 65/66B | €209 | €192 | -€16 | -7.7% |
| Recurring financial charges | 65 | €209 | €192 | -€16 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €4,671 | €6,613 | +€1,942 | +41.6% |
| Income taxes | 67/77 | - | €1,388 | +€1,388 | |
| Profit (loss) for the period | 9904 | €4,671 | €5,225 | +€554 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,671 | €5,225 | +€554 | +11.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.