JMV 2000: 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.
JMV 2000
Largest movements
- Cash -€25,266
down €25,266 (-32.6%), from €77,500 to €52,235
mainly Investment in fixed assets (net) (-€43,108) and Trade debts (-€22,919)
- Tangible fixed assets +€12,154
up €12,154 (+17.6%), from €69,210 to €81,365
of which Furniture and vehicles: +€9,698
- Receivables within one year +€7,590
up €7,590 (+12.7%), from €59,624 to €67,215
of which Trade receivables: +€7,894
- Deferred charges and accrued income -€5,490
down €5,490 (-44.4%), from €12,376 to €6,886
- Trade debts -€22,919
down €22,919 (-37.1%), from €61,745 to €38,826
- Tax, wage and social debts +€8,393
up €8,393 (+841%), from €998 to €9,391
of which Remuneration and social security: +€6,396
- Debts after one year +€4,311
up €4,311 (+14.1%), from €30,539 to €34,850
- Profit (loss) carried forward -€4,142
down €4,142 (-7.7%), from €53,955 to €49,813
- Current portion of long-term debt +€2,881
up €2,881 (+20.7%), from €13,939 to €16,820
- Staff costs +€32,581
up €32,581 (+16.7%), from €195,073 to €227,655
- Gross operating margin +€9,274
up €9,274 (+3.7%), from €249,581 to €258,855
- Taxes -€5,813
down €5,813 (-96.9%), from €5,998 to €185
- Depreciation +€4,337
up €4,337 (+16.3%), from €26,617 to €30,954
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 | €251,846 | €242,188 | -€9,659 | -3.8% |
| Fixed assets | 21/28 | €69,540 | €81,695 | +€12,154 | +17.5% |
| Tangible fixed assets | 22/27 | €69,210 | €81,365 | +€12,154 | +17.6% |
| Plant, machinery and equipment | 23 | €7,681 | €10,137 | +€2,456 | +32.0% |
| Furniture and vehicles | 24 | €61,529 | €71,228 | +€9,698 | +15.8% |
| Financial fixed assets | 28 | €330 | €330 | = | 0.0% |
| Current assets | 29/58 | €182,306 | €160,493 | -€21,813 | -12.0% |
| Stocks and contracts in progress | 3 | €32,806 | €34,158 | +€1,352 | +4.1% |
| Stocks | 30/36 | €32,806 | €34,158 | +€1,352 | +4.1% |
| Amounts receivable within one year | 40/41 | €59,624 | €67,215 | +€7,590 | +12.7% |
| Trade receivables | 40 | €54,506 | €62,399 | +€7,894 | +14.5% |
| Other amounts receivable | 41 | €5,119 | €4,815 | -€303 | -5.9% |
| Cash at bank and in hand | 54/58 | €77,500 | €52,235 | -€25,266 | -32.6% |
| Deferred charges and accrued income | 490/1 | €12,376 | €6,886 | -€5,490 | -44.4% |
| Total equity and liabilities | 10/49 | €251,846 | €242,188 | -€9,659 | -3.8% |
| Equity | 10/15 | €144,415 | €140,273 | -€4,142 | -2.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,860 | €71,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €70,000 | €70,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €53,955 | €49,813 | -€4,142 | -7.7% |
| Amounts payable | 17/49 | €107,431 | €101,915 | -€5,516 | -5.1% |
| Amounts payable after more than one year | 17 | €30,539 | €34,850 | +€4,311 | +14.1% |
| Financial debts | 170/4 | €30,539 | €34,850 | +€4,311 | +14.1% |
| Amounts payable within one year | 42/48 | €76,892 | €65,247 | -€11,645 | -15.1% |
| Current portion of amounts payable after more than one year | 42 | €13,939 | €16,820 | +€2,881 | +20.7% |
| Trade debts | 44 | €61,745 | €38,826 | -€22,919 | -37.1% |
| Suppliers | 440/4 | €61,745 | €38,826 | -€22,919 | -37.1% |
| Taxes, remuneration and social security | 45 | €998 | €9,391 | +€8,393 | +841% |
| Taxes | 450/3 | €998 | €2,995 | +€1,997 | +200% |
| Remuneration and social security | 454/9 | - | €6,396 | +€6,396 | |
| Other amounts payable | 47/48 | €211 | €211 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €1,818 | +€1,818 | |
| Remuneration, social security and pensions | 62 | €195,073 | €227,655 | +€32,581 | +16.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,617 | €30,954 | +€4,337 | +16.3% |
| Other operating charges | 640/8 | €2,293 | €952 | -€1,341 | -58.5% |
| Gross operating margin | 9900 | €249,581 | €258,855 | +€9,274 | +3.7% |
| Operating profit (loss) | 9901 | €25,598 | -€706 | -€26,304 | |
| Financial income | 75/76B | €496 | €46 | -€450 | -90.7% |
| Recurring financial income | 75 | €496 | €46 | -€450 | -90.7% |
| Financial charges | 65/66B | €2,509 | €3,298 | +€789 | +31.5% |
| Recurring financial charges | 65 | €2,509 | €3,298 | +€789 | +31.5% |
| Profit (loss) for the period before taxes | 9903 | €23,585 | -€3,958 | -€27,543 | |
| Income taxes | 67/77 | €5,998 | €185 | -€5,813 | -96.9% |
| Profit (loss) for the period | 9904 | €17,587 | -€4,142 | -€21,730 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,587 | -€4,142 | -€21,730 |
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 24 October 2026 via checked.be.