JPMCA: 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.
JPMCA
Largest movements
- Deferred charges and accrued income +€120,328
up €120,328 (+120.3%), from €100,000 to €220,328
- Receivables within one year -€71,258
down €71,258 (-20.8%), from €342,467 to €271,209
of which Trade receivables: -€74,134
- Cash -€37,474
down €37,474 (-74.3%), from €50,407 to €12,934
mainly Deferred charges and accrued income (-€120,328) and Trade debts (-€36,531)
- Financial fixed assets +€15,000
up €15,000 (+2.1%), from €707,552 to €722,552
- Other debts +€58,196
up €58,196 (+61.2%), from €95,036 to €153,232
- Trade debts -€36,531
no longer reported in 2024 (was €36,531)
- Profit (loss) carried forward +€18,394
up €18,394 (+3.6%), from -€515,767 to -€497,373
- Gross operating margin -€720,722
down €720,722 (-97.2%), from €741,840 to €21,118
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,200,426 | €1,228,444 | +€28,018 | +2.3% |
| Fixed assets | 21/28 | €707,552 | €723,973 | +€16,421 | +2.3% |
| Tangible fixed assets | 22/27 | - | €1,421 | +€1,421 | |
| Furniture and vehicles | 24 | - | €1,421 | +€1,421 | |
| Financial fixed assets | 28 | €707,552 | €722,552 | +€15,000 | +2.1% |
| Current assets | 29/58 | €492,874 | €504,471 | +€11,596 | +2.4% |
| Amounts receivable within one year | 40/41 | €342,467 | €271,209 | -€71,258 | -20.8% |
| Trade receivables | 40 | €332,148 | €258,014 | -€74,134 | -22.3% |
| Other amounts receivable | 41 | €10,319 | €13,195 | +€2,877 | +27.9% |
| Cash at bank and in hand | 54/58 | €50,407 | €12,934 | -€37,474 | -74.3% |
| Deferred charges and accrued income | 490/1 | €100,000 | €220,328 | +€120,328 | +120.3% |
| Total equity and liabilities | 10/49 | €1,200,426 | €1,228,444 | +€28,018 | +2.3% |
| Equity | 10/15 | €787,296 | €805,690 | +€18,394 | +2.3% |
| Contributions | 10/11 | €309,200 | €309,200 | = | 0.0% |
| Capital | 10 | - | €309,200 | +€309,200 | |
| Issued capital | 100 | - | €309,200 | +€309,200 | |
| Reserves | 13 | €993,863 | €993,863 | = | 0.0% |
| Tax-exempt reserves | 132 | €993,863 | €993,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€515,767 | -€497,373 | +€18,394 | +3.6% |
| Provisions and deferred taxes | 16 | €229,285 | €229,285 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €179,285 | €179,285 | = | 0.0% |
| Environmental obligations | 163 | - | €179,285 | +€179,285 | |
| Other liabilities and charges | 164/5 | €179,285 | - | -€179,285 | |
| Deferred taxes | 168 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable | 17/49 | €183,845 | €193,469 | +€9,623 | +5.2% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Trade debts | 175 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €183,845 | €193,469 | +€9,623 | +5.2% |
| Trade debts | 44 | €36,531 | - | -€36,531 | |
| Suppliers | 440/4 | €36,531 | - | -€36,531 | |
| Taxes, remuneration and social security | 45 | €52,278 | €40,237 | -€12,042 | -23.0% |
| Taxes | 450/3 | €52,278 | €40,237 | -€12,042 | -23.0% |
| Other amounts payable | 47/48 | €95,036 | €153,232 | +€58,196 | +61.2% |
| Non-recurring operating income | 76A | €756,230 | - | -€756,230 | |
| Remuneration, social security and pensions | 62 | €743 | - | -€743 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €948 | +€948 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,717 | - | -€3,717 | |
| Other operating charges | 640/8 | €2,021 | - | -€2,021 | |
| Non-recurring operating charges | 66A | €6,079 | - | -€6,079 | |
| Gross operating margin | 9900 | €741,840 | €21,118 | -€720,722 | -97.2% |
| Operating profit (loss) | 9901 | €729,281 | €20,170 | -€709,111 | -97.2% |
| Financial income | 75/76B | €1,800 | - | -€1,800 | |
| Recurring financial income | 75 | €1,800 | - | -€1,800 | |
| Non-recurring financial income | 76B | €1,800 | - | -€1,800 | |
| Financial charges | 65/66B | €289 | €1,776 | +€1,487 | +515.1% |
| Recurring financial charges | 65 | €289 | €1,776 | +€1,487 | +515.1% |
| Profit (loss) for the period before taxes | 9903 | €730,792 | €18,394 | -€712,398 | -97.5% |
| Profit (loss) for the period | 9904 | €730,792 | €18,394 | -€712,398 | -97.5% |
| Transfer to tax-exempt reserves | 689 | €756,230 | - | -€756,230 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,438 | €18,394 | +€43,833 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.