JMRINVEST: 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.
JMRINVEST
Largest movements
- Financial fixed assets +€640,000
up €640,000 (+91.4%), from €700,000 to €1.3m
- Cash +€99,465
up €99,465 (+2,249%), from €4,422 to €103,887
mainly Contributions, distributions and other (+€932,000) and Net result for the year (+€404,244)
- Receivables within one year +€43,945
up €43,945 (+516%), from €8,518 to €52,462
of which Other amounts receivable: +€24,863
- Contributions +€932,000
up €932,000 (+1,331%), from €70,000 to €1.0m
- Debts after one year -€457,317
down €457,317 (-100%), from €457,317 to €0
- Profit (loss) carried forward +€404,244
up €404,244, from -€7,303 to €396,941
- Current portion of long-term debt -€66,937
down €66,937 (-100%), from €66,937 to €0
- Other debts -€41,349
down €41,349 (-33.3%), from €124,300 to €82,951
- Financial income +€272,553
up €272,553 (+586%), from €46,500 to €319,053
- Gross operating margin +€124,792
up €124,792, from -€22,650 to €102,142
- Financial charges -€9,767
down €9,767 (-40.6%), from €24,078 to €14,310
- Taxes +€1,879
new in 2025: €1,879
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 | €713,139 | €1,499,740 | +€786,602 | +110% |
| Fixed assets | 21/28 | €700,000 | €1,342,227 | +€642,227 | +91.7% |
| Tangible fixed assets | 22/27 | - | €2,227 | +€2,227 | |
| Furniture and vehicles | 24 | - | €2,227 | +€2,227 | |
| Financial fixed assets | 28 | €700,000 | €1,340,000 | +€640,000 | +91.4% |
| Current assets | 29/58 | €13,139 | €157,513 | +€144,375 | +1,099% |
| Amounts receivable within one year | 40/41 | €8,518 | €52,462 | +€43,945 | +516% |
| Trade receivables | 40 | - | €19,082 | +€19,082 | |
| Other amounts receivable | 41 | €8,518 | €33,381 | +€24,863 | +292% |
| Cash at bank and in hand | 54/58 | €4,422 | €103,887 | +€99,465 | +2,249% |
| Deferred charges and accrued income | 490/1 | €199 | €1,164 | +€965 | +485% |
| Total equity and liabilities | 10/49 | €713,139 | €1,499,740 | +€786,602 | +110% |
| Equity | 10/15 | €62,697 | €1,398,941 | +€1.3m | +2,131% |
| Contributions | 10/11 | €70,000 | €1,002,000 | +€932,000 | +1,331% |
| Profit (loss) carried forward | 14 | -€7,303 | €396,941 | +€404,244 | |
| Amounts payable | 17/49 | €650,441 | €100,800 | -€549,642 | -84.5% |
| Amounts payable after more than one year | 17 | €457,317 | €0 | -€457,317 | -100% |
| Financial debts | 170/4 | €457,317 | €0 | -€457,317 | -100% |
| Amounts payable within one year | 42/48 | €193,125 | €100,800 | -€92,325 | -47.8% |
| Current portion of amounts payable after more than one year | 42 | €66,937 | €0 | -€66,937 | -100% |
| Trade debts | 44 | €1,888 | €1,993 | +€106 | +5.6% |
| Suppliers | 440/4 | €1,888 | €1,993 | +€106 | +5.6% |
| Taxes, remuneration and social security | 45 | - | €15,855 | +€15,855 | |
| Taxes | 450/3 | - | €15,855 | +€15,855 | |
| Other amounts payable | 47/48 | €124,300 | €82,951 | -€41,349 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €557 | +€557 | |
| Other operating charges | 640/8 | - | €205 | +€205 | |
| Gross operating margin | 9900 | -€22,650 | €102,142 | +€124,792 | |
| Operating profit (loss) | 9901 | -€22,650 | €101,380 | +€124,030 | |
| Financial income | 75/76B | €46,500 | €319,053 | +€272,553 | +586% |
| Recurring financial income | 75 | €46,500 | €319,053 | +€272,553 | +586% |
| Financial charges | 65/66B | €24,078 | €14,310 | -€9,767 | -40.6% |
| Recurring financial charges | 65 | €24,078 | €14,310 | -€9,767 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€228 | €406,123 | +€406,350 | |
| Income taxes | 67/77 | - | €1,879 | +€1,879 | |
| Profit (loss) for the period | 9904 | -€228 | €404,244 | +€404,471 | |
| Profit (loss) for the period to be appropriated | 9905 | -€228 | €404,244 | +€404,471 |
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 14 October 2026 via checked.be.