JMRE: 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.
JMRE
Largest movements
- Tangible fixed assets -€28,990
down €28,990 (-25.8%), from €112,198 to €83,208
- Cash +€4,510
up €4,510 (+16.5%), from €27,368 to €31,877
mainly Depreciation (+€28,990) and Receivables within one year (+€3,077)
- Receivables within one year -€3,077
down €3,077 (-68.0%), from €4,525 to €1,448
- Trade debts -€23,854
no longer reported in 2025 (was €23,854)
- Profit (loss) carried forward -€2,299
down €2,299 (-53.9%), from -€4,264 to -€6,562
- Depreciation +€2,708
up €2,708 (+10.3%), from €26,282 to €28,990
- Gross operating margin +€935
up €935 (+3.6%), from €25,850 to €26,785
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 | €144,090 | €116,533 | -€27,557 | -19.1% |
| Fixed assets | 21/28 | €112,198 | €83,208 | -€28,990 | -25.8% |
| Tangible fixed assets | 22/27 | €112,198 | €83,208 | -€28,990 | -25.8% |
| Plant, machinery and equipment | 23 | €112,198 | €83,208 | -€28,990 | -25.8% |
| Current assets | 29/58 | €31,892 | €33,325 | +€1,433 | +4.5% |
| Amounts receivable within one year | 40/41 | €4,525 | €1,448 | -€3,077 | -68.0% |
| Other amounts receivable | 41 | €4,525 | €1,448 | -€3,077 | -68.0% |
| Cash at bank and in hand | 54/58 | €27,368 | €31,877 | +€4,510 | +16.5% |
| Total equity and liabilities | 10/49 | €144,090 | €116,533 | -€27,557 | -19.1% |
| Equity | 10/15 | -€1,264 | -€3,562 | -€2,299 | -181.9% |
| Reserves | 13 | €3,000 | €3,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,264 | -€6,562 | -€2,299 | -53.9% |
| Amounts payable | 17/49 | €145,354 | €120,095 | -€25,259 | -17.4% |
| Amounts payable within one year | 42/48 | €145,354 | €120,095 | -€25,259 | -17.4% |
| Trade debts | 44 | €23,854 | - | -€23,854 | |
| Suppliers | 440/4 | €23,854 | - | -€23,854 | |
| Other amounts payable | 47/48 | €121,500 | €120,095 | -€1,405 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,282 | €28,990 | +€2,708 | +10.3% |
| Gross operating margin | 9900 | €25,850 | €26,785 | +€935 | +3.6% |
| Operating profit (loss) | 9901 | -€432 | -€2,205 | -€1,773 | -410.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €69 | €94 | +€25 | +37.0% |
| Recurring financial charges | 65 | €69 | €94 | +€25 | +37.0% |
| Profit (loss) for the period before taxes | 9903 | -€501 | -€2,299 | -€1,798 | -359.0% |
| Profit (loss) for the period | 9904 | -€501 | -€2,299 | -€1,798 | -359.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€501 | -€2,299 | -€1,798 | -359.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.