JMV DECO: 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 DECO
Largest movements
- Cash +€24,648
up €24,648 (+37.3%), from €66,059 to €90,707
mainly Net result for the year (+€18,949) and Depreciation (+€8,250)
- Receivables within one year +€9,040
up €9,040 (+170%), from €5,310 to €14,350
of which Trade receivables: +€6,340
- Tangible fixed assets -€8,250
down €8,250 (-2.8%), from €291,578 to €283,328
of which Furniture and vehicles: -€7,190
- Reserves +€18,949
up €18,949 (+20.3%), from €93,279 to €112,228
of which Distributable reserves: +€18,949
- Staff costs -€14,166
no longer reported in 2025 (was €14,166)
- Gross operating margin +€8,453
up €8,453 (+29.8%), from €28,342 to €36,795
- Taxes +€7,704
up €7,704 (+559%), from €1,379 to €9,083
- Depreciation +€5,927
up €5,927 (+255%), from €2,323 to €8,250
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 | €364,367 | €388,384 | +€24,017 | +6.6% |
| Fixed assets | 21/28 | €291,578 | €283,328 | -€8,250 | -2.8% |
| Tangible fixed assets | 22/27 | €291,578 | €283,328 | -€8,250 | -2.8% |
| Land and buildings | 22 | €247,350 | €247,350 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,438 | €9,378 | -€1,060 | -10.2% |
| Furniture and vehicles | 24 | €33,790 | €26,600 | -€7,190 | -21.3% |
| Current assets | 29/58 | €72,789 | €105,057 | +€32,267 | +44.3% |
| Amounts receivable within one year | 40/41 | €5,310 | €14,350 | +€9,040 | +170% |
| Trade receivables | 40 | - | €6,340 | +€6,340 | |
| Other amounts receivable | 41 | €5,310 | €8,010 | +€2,700 | +50.9% |
| Cash at bank and in hand | 54/58 | €66,059 | €90,707 | +€24,648 | +37.3% |
| Deferred charges and accrued income | 490/1 | €1,421 | - | -€1,421 | |
| Total equity and liabilities | 10/49 | €364,367 | €388,384 | +€24,017 | +6.6% |
| Equity | 10/15 | €353,717 | €372,666 | +€18,949 | +5.4% |
| Reserves | 13 | €93,279 | €112,228 | +€18,949 | +20.3% |
| Non-distributable reserves | 130/1 | €14,260 | €14,260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,260 | €14,260 | = | 0.0% |
| Distributable reserves | 133 | €79,019 | €97,968 | +€18,949 | +24.0% |
| Profit (loss) carried forward | 14 | €260,437 | €260,437 | = | 0.0% |
| Amounts payable | 17/49 | €10,651 | €15,719 | +€5,068 | +47.6% |
| Amounts payable within one year | 42/48 | €10,651 | €15,719 | +€5,068 | +47.6% |
| Current portion of amounts payable after more than one year | 42 | €9,228 | €11,398 | +€2,170 | +23.5% |
| Trade debts | 44 | €446 | €2,426 | +€1,980 | +444% |
| Suppliers | 440/4 | €446 | €2,426 | +€1,980 | +444% |
| Taxes, remuneration and social security | 45 | €977 | €1,895 | +€918 | +94.0% |
| Taxes | 450/3 | €977 | €1,895 | +€918 | +94.0% |
| Remuneration, social security and pensions | 62 | €14,166 | - | -€14,166 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,323 | €8,250 | +€5,927 | +255% |
| Other operating charges | 640/8 | €514 | €467 | -€47 | -9.2% |
| Gross operating margin | 9900 | €28,342 | €36,795 | +€8,453 | +29.8% |
| Operating profit (loss) | 9901 | €11,339 | €28,077 | +€16,738 | +148% |
| Financial charges | 65/66B | €193 | €45 | -€148 | -76.7% |
| Recurring financial charges | 65 | €193 | €45 | -€148 | -76.7% |
| Profit (loss) for the period before taxes | 9903 | €11,145 | €28,032 | +€16,887 | +152% |
| Income taxes | 67/77 | €1,379 | €9,083 | +€7,704 | +559% |
| Profit (loss) for the period | 9904 | €9,766 | €18,949 | +€9,183 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €9,766 | €18,949 | +€9,183 | +94.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.