JMT Projects: 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.
JMT Projects
Largest movements
- Stocks and contracts +€22,000
new in 2025: €22,000
- Tangible fixed assets -€6,404
down €6,404 (-41.5%), from €15,430 to €9,026
of which Furniture and vehicles: -€4,780
- Receivables within one year +€2,858
up €2,858 (+17.9%), from €15,951 to €18,809
of which Other amounts receivable: +€2,454
- Cash +€2,449
up €2,449 (+168.8%), from €1,451 to €3,899
mainly Short-term financial debts (+€20,300) and Net result for the year (+€8,774)
- Short-term financial debts +€20,300
up €20,300 (+290.0%), from €7,000 to €27,300
- Profit (loss) carried forward +€8,774
up €8,774 (+9.4%), from -€93,345 to -€84,571
- Other debts -€7,074
down €7,074 (-42.5%), from €16,643 to €9,569
- Tax, wage and social debts -€5,956
down €5,956 (-86.6%), from €6,876 to €920
- Trade debts +€4,994
up €4,994 (+40.1%), from €12,460 to €17,454
- Gross operating margin +€7,948
up €7,948 (+58.7%), from €13,541 to €21,489
- Write-downs -€6,500
down €6,500, from €3,250 to -€3,250
- Other operating charges +€3,349
up €3,349 (+292.9%), from €1,143 to €4,493
- Depreciation +€1,133
up €1,133 (+21.5%), from €5,271 to €6,404
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 | €36,582 | €57,619 | +€21,037 | +57.5% |
| Fixed assets | 21/28 | €15,430 | €9,026 | -€6,404 | -41.5% |
| Tangible fixed assets | 22/27 | €15,430 | €9,026 | -€6,404 | -41.5% |
| Plant, machinery and equipment | 23 | €6,449 | €4,825 | -€1,623 | -25.2% |
| Furniture and vehicles | 24 | €8,981 | €4,201 | -€4,780 | -53.2% |
| Current assets | 29/58 | €21,152 | €48,593 | +€27,441 | +129.7% |
| Stocks and contracts in progress | 3 | - | €22,000 | +€22,000 | |
| Stocks | 30/36 | - | €22,000 | +€22,000 | |
| Amounts receivable within one year | 40/41 | €15,951 | €18,809 | +€2,858 | +17.9% |
| Trade receivables | 40 | €12,374 | €12,778 | +€404 | +3.3% |
| Other amounts receivable | 41 | €3,577 | €6,031 | +€2,454 | +68.6% |
| Cash at bank and in hand | 54/58 | €1,451 | €3,899 | +€2,449 | +168.8% |
| Deferred charges and accrued income | 490/1 | €3,751 | €3,885 | +€134 | +3.6% |
| Total equity and liabilities | 10/49 | €36,582 | €57,619 | +€21,037 | +57.5% |
| Equity | 10/15 | -€6,397 | €2,377 | +€8,774 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €67,947 | €67,947 | = | 0.0% |
| Distributable reserves | 133 | €67,947 | €67,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,345 | -€84,571 | +€8,774 | +9.4% |
| Amounts payable | 17/49 | €42,979 | €55,243 | +€12,264 | +28.5% |
| Amounts payable within one year | 42/48 | €42,979 | €55,243 | +€12,264 | +28.5% |
| Financial debts | 43 | €7,000 | €27,300 | +€20,300 | +290.0% |
| Credit institutions | 430/8 | €7,000 | €27,300 | +€20,300 | +290.0% |
| Trade debts | 44 | €12,460 | €17,454 | +€4,994 | +40.1% |
| Suppliers | 440/4 | €12,460 | €17,454 | +€4,994 | +40.1% |
| Taxes, remuneration and social security | 45 | €6,876 | €920 | -€5,956 | -86.6% |
| Taxes | 450/3 | €6,876 | €920 | -€5,956 | -86.6% |
| Other amounts payable | 47/48 | €16,643 | €9,569 | -€7,074 | -42.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,271 | €6,404 | +€1,133 | +21.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,250 | -€3,250 | -€6,500 | |
| Other operating charges | 640/8 | €1,143 | €4,493 | +€3,349 | +292.9% |
| Gross operating margin | 9900 | €13,541 | €21,489 | +€7,948 | +58.7% |
| Operating profit (loss) | 9901 | €3,877 | €13,843 | +€9,966 | +257.1% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €4,653 | €4,825 | +€172 | +3.7% |
| Recurring financial charges | 65 | €4,653 | €4,825 | +€172 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€776 | €9,018 | +€9,794 | |
| Income taxes | 67/77 | €250 | €244 | -€6 | -2.3% |
| Profit (loss) for the period | 9904 | -€1,026 | €8,774 | +€9,799 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,026 | €8,774 | +€9,799 |
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 9 October 2026 via checked.be.