JRM CONCEPT: 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.
JRM CONCEPT
Largest movements
- Cash +€10,701
new in 2025: €10,701
mainly Trade debts (+€10,334) and Advances received (+€4,521)
- Receivables within one year +€5,194
up €5,194 (+23.5%), from €22,067 to €27,261
of which Trade receivables: +€6,026
- Tangible fixed assets -€919
down €919 (-54.0%), from €1,701 to €782
of which Plant, machinery and equipment: -€513
- Trade debts +€10,334
up €10,334 (+84.9%), from €12,179 to €22,513
- Advances received +€4,521
new in 2025: €4,521
- Profit (loss) carried forward +€4,082
up €4,082 (+38.2%), from -€10,675 to -€6,593
- Debts after one year -€3,445
no longer reported in 2025 (was €3,445)
- Other debts +€2,482
up €2,482 (+192.1%), from €1,292 to €3,774
- Gross operating margin +€23,940
up €23,940 (+73.2%), from €32,687 to €56,627
- Staff costs +€9,800
up €9,800 (+25.3%), from €38,796 to €48,596
- Other operating charges +€712
up €712 (+61.9%), from €1,150 to €1,862
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 | €23,768 | €38,744 | +€14,976 | +63.0% |
| Fixed assets | 21/28 | €1,701 | €782 | -€919 | -54.0% |
| Tangible fixed assets | 22/27 | €1,701 | €782 | -€919 | -54.0% |
| Plant, machinery and equipment | 23 | €872 | €359 | -€513 | -58.8% |
| Furniture and vehicles | 24 | €829 | €423 | -€406 | -49.0% |
| Current assets | 29/58 | €22,067 | €37,962 | +€15,895 | +72.0% |
| Amounts receivable within one year | 40/41 | €22,067 | €27,261 | +€5,194 | +23.5% |
| Trade receivables | 40 | €19,890 | €25,916 | +€6,026 | +30.3% |
| Other amounts receivable | 41 | €2,177 | €1,345 | -€832 | -38.2% |
| Cash at bank and in hand | 54/58 | - | €10,701 | +€10,701 | |
| Total equity and liabilities | 10/49 | €23,768 | €38,744 | +€14,976 | +63.0% |
| Equity | 10/15 | -€4,475 | -€393 | +€4,082 | +91.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,675 | -€6,593 | +€4,082 | +38.2% |
| Amounts payable | 17/49 | €28,243 | €39,137 | +€10,894 | +38.6% |
| Amounts payable after more than one year | 17 | €3,445 | - | -€3,445 | |
| Financial debts | 170/4 | €3,445 | - | -€3,445 | |
| Amounts payable within one year | 42/48 | €24,798 | €39,137 | +€14,339 | +57.8% |
| Current portion of amounts payable after more than one year | 42 | €5,102 | €3,445 | -€1,657 | -32.5% |
| Financial debts | 43 | €545 | - | -€545 | |
| Credit institutions | 430/8 | €545 | - | -€545 | |
| Trade debts | 44 | €12,179 | €22,513 | +€10,334 | +84.9% |
| Suppliers | 440/4 | €12,179 | €22,513 | +€10,334 | +84.9% |
| Advances received on contracts in progress | 46 | - | €4,521 | +€4,521 | |
| Taxes, remuneration and social security | 45 | €5,680 | €4,884 | -€796 | -14.0% |
| Taxes | 450/3 | €2,500 | €2,869 | +€369 | +14.8% |
| Remuneration and social security | 454/9 | €3,180 | €2,015 | -€1,165 | -36.6% |
| Other amounts payable | 47/48 | €1,292 | €3,774 | +€2,482 | +192.1% |
| Remuneration, social security and pensions | 62 | €38,796 | €48,596 | +€9,800 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,121 | €919 | -€202 | -18.0% |
| Other operating charges | 640/8 | €1,150 | €1,862 | +€712 | +61.9% |
| Gross operating margin | 9900 | €32,687 | €56,627 | +€23,940 | +73.2% |
| Operating profit (loss) | 9901 | -€8,380 | €5,250 | +€13,630 | |
| Financial income | 75/76B | €397 | €22 | -€375 | -94.5% |
| Recurring financial income | 75 | €397 | €22 | -€375 | -94.5% |
| Financial charges | 65/66B | €583 | €400 | -€183 | -31.4% |
| Recurring financial charges | 65 | €583 | €400 | -€183 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,566 | €4,872 | +€13,438 | |
| Income taxes | 67/77 | €549 | €790 | +€241 | +43.9% |
| Profit (loss) for the period | 9904 | -€9,115 | €4,082 | +€13,197 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,115 | €4,082 | +€13,197 |
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 30 September 2026 via checked.be.