JMS FINANCE: 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.
JMS FINANCE
Largest movements
- Receivables within one year +€2.5m
up €2.5m (+357%), from €699,590 to €3.2m
of which Other amounts receivable: +€2.4m
- Cash -€40,251
down €40,251 (-80.6%), from €49,915 to €9,664
mainly Receivables within one year (-€2.5m) and Investment in fixed assets (net) (-€1,000)
- Other debts +€2.4m
up €2.4m (+77.0%), from €3.1m to €5.5m
- Other operating charges -€152,520
down €152,520 (-98.4%), from €154,961 to €2,441
- Gross operating margin +€67,692
up €67,692 (+5,176%), from €1,308 to €69,000
- Staff costs +€51,930
up €51,930 (+423,224%), from €12 to €51,942
- Depreciation -€2,358
down €2,358 (-100.0%), from €2,358 to €0
- Financial charges -€731
down €731 (-73.0%), from €1,001 to €270
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 | €1,397,925 | €3,853,478 | +€2.5m | +176% |
| Fixed assets | 21/28 | €641,980 | €642,980 | +€1,000 | +0.2% |
| Tangible fixed assets | 22/27 | €0 | €0 | -€0 | -100% |
| Furniture and vehicles | 24 | €0 | €0 | -€0 | -100% |
| Financial fixed assets | 28 | €641,980 | €642,980 | +€1,000 | +0.2% |
| Current assets | 29/58 | €755,945 | €3,210,498 | +€2.5m | +325% |
| Amounts receivable within one year | 40/41 | €699,590 | €3,198,685 | +€2.5m | +357% |
| Trade receivables | 40 | €13,258 | €113,183 | +€99,926 | +754% |
| Other amounts receivable | 41 | €686,332 | €3,085,501 | +€2.4m | +350% |
| Current investments | 50/53 | €108 | €0 | -€108 | -100% |
| Cash at bank and in hand | 54/58 | €49,915 | €9,664 | -€40,251 | -80.6% |
| Deferred charges and accrued income | 490/1 | €6,332 | €2,149 | -€4,182 | -66.1% |
| Total equity and liabilities | 10/49 | €1,397,925 | €3,853,478 | +€2.5m | +176% |
| Equity | 10/15 | -€1,736,878 | -€1,722,726 | +€14,152 | +0.8% |
| Contributions | 10/11 | €1,200,000 | €1,200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,936,878 | -€2,922,726 | +€14,152 | +0.5% |
| Amounts payable | 17/49 | €3,134,803 | €5,576,204 | +€2.4m | +77.9% |
| Amounts payable within one year | 42/48 | €3,134,803 | €5,576,204 | +€2.4m | +77.9% |
| Trade debts | 44 | €4,009 | €11,593 | +€7,584 | +189% |
| Suppliers | 440/4 | €4,009 | €11,593 | +€7,584 | +189% |
| Taxes, remuneration and social security | 45 | €0 | €23,179 | +€23,179 | |
| Taxes | 450/3 | €0 | €12,567 | +€12,567 | |
| Remuneration and social security | 454/9 | - | €10,612 | +€10,612 | |
| Other amounts payable | 47/48 | €3,130,794 | €5,541,432 | +€2.4m | +77.0% |
| Remuneration, social security and pensions | 62 | €12 | €51,942 | +€51,930 | +423,224% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,358 | €0 | -€2,358 | -100.0% |
| Other operating charges | 640/8 | €154,961 | €2,441 | -€152,520 | -98.4% |
| Gross operating margin | 9900 | €1,308 | €69,000 | +€67,692 | +5,176% |
| Operating profit (loss) | 9901 | -€156,023 | €14,617 | +€170,640 | |
| Financial income | 75/76B | €0 | €159 | +€159 | |
| Recurring financial income | 75 | €0 | €159 | +€159 | |
| Financial charges | 65/66B | €1,001 | €270 | -€731 | -73.0% |
| Recurring financial charges | 65 | €1,001 | €270 | -€731 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€157,024 | €14,506 | +€171,529 | |
| Income taxes | 67/77 | - | €354 | +€354 | |
| Profit (loss) for the period | 9904 | -€157,024 | €14,152 | +€171,175 | |
| Profit (loss) for the period to be appropriated | 9905 | -€157,024 | €14,152 | +€171,175 |
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 21 October 2026 via checked.be.