JPMF: 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.
JPMF
Largest movements
- Cash +€5,065
up €5,065 (+12.2%), from €41,644 to €46,708
mainly Trade debts (+€2,099) and Net result for the year (+€1,878)
- Trade debts +€2,099
up €2,099 (+117.5%), from €1,787 to €3,885
- Profit (loss) carried forward +€1,878
up €1,878 (+7.0%), from €26,695 to €28,573
No income-statement line moved by more than 1% of the activity.
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 | €167,282 | €171,710 | +€4,429 | +2.6% |
| Fixed assets | 21/28 | €125,002 | €125,002 | = | 0.0% |
| Tangible fixed assets | 22/27 | €125,002 | €125,002 | = | 0.0% |
| Land and buildings | 22 | €125,002 | €125,002 | = | 0.0% |
| Current assets | 29/58 | €42,280 | €46,708 | +€4,429 | +10.5% |
| Amounts receivable within one year | 40/41 | €636 | - | -€636 | |
| Other amounts receivable | 41 | €636 | - | -€636 | |
| Cash at bank and in hand | 54/58 | €41,644 | €46,708 | +€5,065 | +12.2% |
| Total equity and liabilities | 10/49 | €167,282 | €171,710 | +€4,429 | +2.6% |
| Equity | 10/15 | €165,495 | €167,373 | +€1,878 | +1.1% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €3,800 | €3,800 | = | 0.0% |
| Distributable reserves | 133 | €3,800 | €3,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,695 | €28,573 | +€1,878 | +7.0% |
| Amounts payable | 17/49 | €1,787 | €4,337 | +€2,551 | +142.8% |
| Amounts payable within one year | 42/48 | €1,787 | €4,337 | +€2,551 | +142.8% |
| Trade debts | 44 | €1,787 | €3,885 | +€2,099 | +117.5% |
| Suppliers | 440/4 | €1,787 | €3,885 | +€2,099 | +117.5% |
| Taxes, remuneration and social security | 45 | - | €452 | +€452 | |
| Taxes | 450/3 | - | €452 | +€452 | |
| Operating income | 70/76A | €8,059 | €8,059 | = | 0.0% |
| Other operating income | 74 | €8,059 | €8,059 | = | 0.0% |
| Operating charges | 60/66A | €6,796 | €5,532 | -€1,264 | -18.6% |
| Services and other goods | 61 | €6,411 | €5,144 | -€1,267 | -19.8% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Operating profit (loss) | 9901 | €1,263 | €2,527 | +€1,264 | +100.1% |
| Financial charges | 65/66B | €209 | €204 | -€6 | -2.6% |
| Recurring financial charges | 65 | €209 | €204 | -€6 | -2.6% |
| Other financial charges | 652/9 | €209 | €204 | -€6 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €1,054 | €2,323 | +€1,269 | +120.5% |
| Income taxes | 67/77 | €263 | €445 | +€182 | +68.9% |
| Taxes | 670/3 | €263 | €445 | +€182 | +68.9% |
| Profit (loss) for the period | 9904 | €790 | €1,878 | +€1,088 | +137.6% |
| Profit (loss) for the period to be appropriated | 9905 | €790 | €1,878 | +€1,088 | +137.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.