JMTC: 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.
JMTC
Largest movements
- Cash +€31,680
up €31,680 (+97.1%), from €32,642 to €64,322
mainly Net result for the year (+€31,270) and Tax, wage and social debts (+€10,447)
- Tangible fixed assets -€4,500
down €4,500 (-50.0%), from €9,000 to €4,500
- Receivables within one year +€1,065
up €1,065 (+11.2%), from €9,482 to €10,547
of which Trade receivables: +€1,065
- Profit (loss) carried forward +€30,270
up €30,270 (+98.1%), from €30,868 to €61,138
- Other debts -€12,335
down €12,335 (-92.5%), from €13,335 to €1,000
- Tax, wage and social debts +€10,447
up €10,447 (+133.9%), from €7,805 to €18,252
of which Taxes: +€12,447
- Gross operating margin +€897
up €897 (+2.0%), from €44,929 to €45,826
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 | €54,164 | €82,456 | +€28,292 | +52.2% |
| Fixed assets | 21/28 | €9,000 | €4,500 | -€4,500 | -50.0% |
| Tangible fixed assets | 22/27 | €9,000 | €4,500 | -€4,500 | -50.0% |
| Furniture and vehicles | 24 | €9,000 | €4,500 | -€4,500 | -50.0% |
| Current assets | 29/58 | €45,164 | €77,956 | +€32,792 | +72.6% |
| Amounts receivable within one year | 40/41 | €9,482 | €10,547 | +€1,065 | +11.2% |
| Trade receivables | 40 | €9,220 | €10,285 | +€1,065 | +11.5% |
| Other amounts receivable | 41 | €262 | €262 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €32,642 | €64,322 | +€31,680 | +97.1% |
| Deferred charges and accrued income | 490/1 | €3,040 | €3,087 | +€48 | +1.6% |
| Total equity and liabilities | 10/49 | €54,164 | €82,456 | +€28,292 | +52.2% |
| Equity | 10/15 | €32,868 | €63,138 | +€30,270 | +92.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,868 | €61,138 | +€30,270 | +98.1% |
| Amounts payable | 17/49 | €21,296 | €19,318 | -€1,978 | -9.3% |
| Amounts payable within one year | 42/48 | €21,296 | €19,318 | -€1,978 | -9.3% |
| Trade debts | 44 | €156 | €66 | -€90 | -57.8% |
| Suppliers | 440/4 | €156 | €66 | -€90 | -57.8% |
| Taxes, remuneration and social security | 45 | €7,805 | €18,252 | +€10,447 | +133.9% |
| Taxes | 450/3 | €5,805 | €18,252 | +€12,447 | +214.4% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €13,335 | €1,000 | -€12,335 | -92.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,500 | €4,500 | = | 0.0% |
| Other operating charges | 640/8 | €250 | €403 | +€152 | +60.8% |
| Gross operating margin | 9900 | €44,929 | €45,826 | +€897 | +2.0% |
| Operating profit (loss) | 9901 | €40,178 | €40,923 | +€745 | +1.9% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €72 | €68 | -€4 | -5.1% |
| Recurring financial charges | 65 | €72 | €68 | -€4 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €40,106 | €40,855 | +€749 | +1.9% |
| Income taxes | 67/77 | €9,238 | €9,585 | +€347 | +3.8% |
| Profit (loss) for the period | 9904 | €30,868 | €31,270 | +€402 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €30,868 | €31,270 | +€402 | +1.3% |
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 8 October 2026 via checked.be.