JMT: 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.
JMT
Largest movements
- Current investments +€200,000
new in 2025: €200,000
- Cash -€78,889
down €78,889 (-46.4%), from €170,150 to €91,261
mainly Current investments (-€200,000) and Tax, wage and social debts (-€2,502)
- Receivables within one year -€28,561
down €28,561 (-56.6%), from €50,497 to €21,936
of which Trade receivables: -€36,440
- Reserves +€83,966
up €83,966 (+44.6%), from €188,238 to €272,205
- Trade debts +€7,878
up €7,878 (+92.7%), from €8,496 to €16,374
- Other debts +€3,207
up €3,207 (+40.8%), from €7,855 to €11,062
- Gross operating margin -€137,851
down €137,851 (-56.2%), from €245,432 to €107,580
- Taxes -€34,928
down €34,928 (-60.8%), from €57,412 to €22,484
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 | €220,647 | €313,197 | +€92,550 | +41.9% |
| Current assets | 29/58 | €220,647 | €313,197 | +€92,550 | +41.9% |
| Amounts receivable within one year | 40/41 | €50,497 | €21,936 | -€28,561 | -56.6% |
| Trade receivables | 40 | €47,330 | €10,890 | -€36,440 | -77.0% |
| Other amounts receivable | 41 | €3,167 | €11,046 | +€7,879 | +249% |
| Current investments | 50/53 | - | €200,000 | +€200,000 | |
| Cash at bank and in hand | 54/58 | €170,150 | €91,261 | -€78,889 | -46.4% |
| Total equity and liabilities | 10/49 | €220,647 | €313,197 | +€92,550 | +41.9% |
| Equity | 10/15 | €193,238 | €277,205 | +€83,966 | +43.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €188,238 | €272,205 | +€83,966 | +44.6% |
| Distributable reserves | 133 | €188,238 | €272,205 | +€83,966 | +44.6% |
| Amounts payable | 17/49 | €27,409 | €35,992 | +€8,583 | +31.3% |
| Amounts payable within one year | 42/48 | €27,409 | €35,992 | +€8,583 | +31.3% |
| Trade debts | 44 | €8,496 | €16,374 | +€7,878 | +92.7% |
| Suppliers | 440/4 | €8,496 | €16,374 | +€7,878 | +92.7% |
| Taxes, remuneration and social security | 45 | €11,057 | €8,555 | -€2,502 | -22.6% |
| Taxes | 450/3 | €11,057 | €8,555 | -€2,502 | -22.6% |
| Other amounts payable | 47/48 | €7,855 | €11,062 | +€3,207 | +40.8% |
| Other operating charges | 640/8 | €1,647 | €1,544 | -€103 | -6.2% |
| Gross operating margin | 9900 | €245,432 | €107,580 | -€137,851 | -56.2% |
| Operating profit (loss) | 9901 | €243,785 | €106,036 | -€137,749 | -56.5% |
| Financial income | 75/76B | €1,918 | €1,243 | -€675 | -35.2% |
| Recurring financial income | 75 | €1,918 | €1,243 | -€675 | -35.2% |
| Financial charges | 65/66B | €53 | €828 | +€776 | +1,478% |
| Recurring financial charges | 65 | €53 | €828 | +€776 | +1,478% |
| Profit (loss) for the period before taxes | 9903 | €245,650 | €106,451 | -€139,200 | -56.7% |
| Income taxes | 67/77 | €57,412 | €22,484 | -€34,928 | -60.8% |
| Profit (loss) for the period | 9904 | €188,238 | €83,966 | -€104,272 | -55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €188,238 | €83,966 | -€104,272 | -55.4% |
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 22 October 2026 via checked.be.