JRMotorcycles: 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.
JRMotorcycles
Largest movements
- Receivables within one year +€84,427
up €84,427 (+370%), from €22,794 to €107,221
of which Other amounts receivable: +€45,835
- Cash -€26,203
down €26,203 (-32.6%), from €80,346 to €54,143
mainly Receivables within one year (-€84,427) and Investment in fixed assets (net) (-€27,574)
- Financial fixed assets +€25,000
new in 2025: €25,000
- Stocks and contracts +€23,847
up €23,847 (+9.5%), from €250,189 to €274,037
- Tangible fixed assets -€9,116
down €9,116 (-14.7%), from €62,097 to €52,981
of which Other tangible fixed assets: -€6,429
- Reserves +€74,078
up €74,078 (+48.3%), from €153,521 to €227,598
- Short-term financial debts +€36,133
up €36,133 (+67.2%), from €53,759 to €89,892
of which Other loans: +€53,633
- Trade debts -€23,308
down €23,308 (-26.9%), from €86,725 to €63,417
- Tax, wage and social debts +€11,659
up €11,659 (+225%), from €5,175 to €16,834
of which Remuneration and social security: +€10,981
- Other debts +€9,291
up €9,291 (+30.3%), from €30,652 to €39,943
- Gross operating margin +€77,796
up €77,796 (+63.0%), from €123,461 to €201,257
- Staff costs +€34,385
up €34,385 (+58.8%), from €58,434 to €92,819
- Taxes +€6,596
up €6,596 (+49.5%), from €13,328 to €19,924
- Write-downs -€5,766
down €5,766, from €500 to -€5,266
- Financial income +€5,313
up €5,313 (+1,465%), from €363 to €5,675
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 | €421,807 | €516,412 | +€94,606 | +22.4% |
| Fixed assets | 21/28 | €63,040 | €78,357 | +€15,317 | +24.3% |
| Intangible fixed assets | 21 | €942 | €376 | -€567 | -60.1% |
| Tangible fixed assets | 22/27 | €62,097 | €52,981 | -€9,116 | -14.7% |
| Land and buildings | 22 | €6,586 | €6,197 | -€389 | -5.9% |
| Plant, machinery and equipment | 23 | - | €2,336 | +€2,336 | |
| Furniture and vehicles | 24 | €9,662 | €5,028 | -€4,634 | -48.0% |
| Other tangible fixed assets | 26 | €45,849 | €39,420 | -€6,429 | -14.0% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €358,767 | €438,055 | +€79,288 | +22.1% |
| Stocks and contracts in progress | 3 | €250,189 | €274,037 | +€23,847 | +9.5% |
| Stocks | 30/36 | €250,189 | €274,037 | +€23,847 | +9.5% |
| Amounts receivable within one year | 40/41 | €22,794 | €107,221 | +€84,427 | +370% |
| Trade receivables | 40 | €4,166 | €42,758 | +€38,592 | +926% |
| Other amounts receivable | 41 | €18,628 | €64,462 | +€45,835 | +246% |
| Cash at bank and in hand | 54/58 | €80,346 | €54,143 | -€26,203 | -32.6% |
| Deferred charges and accrued income | 490/1 | €5,438 | €2,656 | -€2,782 | -51.2% |
| Total equity and liabilities | 10/49 | €421,807 | €516,412 | +€94,606 | +22.4% |
| Equity | 10/15 | €203,521 | €277,598 | +€74,078 | +36.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €153,521 | €227,598 | +€74,078 | +48.3% |
| Distributable reserves | 133 | €153,521 | €227,598 | +€74,078 | +48.3% |
| Amounts payable | 17/49 | €218,286 | €238,814 | +€20,528 | +9.4% |
| Amounts payable after more than one year | 17 | €26,734 | €18,225 | -€8,509 | -31.8% |
| Financial debts | 170/4 | €26,734 | €18,225 | -€8,509 | -31.8% |
| Amounts payable within one year | 42/48 | €189,440 | €218,595 | +€29,155 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €13,129 | €8,509 | -€4,620 | -35.2% |
| Financial debts | 43 | €53,759 | €89,892 | +€36,133 | +67.2% |
| Credit institutions | 430/8 | €17,500 | - | -€17,500 | |
| Other loans | 439 | €36,259 | €89,892 | +€53,633 | +148% |
| Trade debts | 44 | €86,725 | €63,417 | -€23,308 | -26.9% |
| Suppliers | 440/4 | €86,725 | €63,417 | -€23,308 | -26.9% |
| Taxes, remuneration and social security | 45 | €5,175 | €16,834 | +€11,659 | +225% |
| Taxes | 450/3 | €1,238 | €1,915 | +€678 | +54.8% |
| Remuneration and social security | 454/9 | €3,938 | €14,919 | +€10,981 | +279% |
| Other amounts payable | 47/48 | €30,652 | €39,943 | +€9,291 | +30.3% |
| Accrued charges and deferred income | 492/3 | €2,112 | €1,994 | -€118 | -5.6% |
| Remuneration, social security and pensions | 62 | €58,434 | €92,819 | +€34,385 | +58.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,019 | €12,257 | +€238 | +2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €500 | -€5,266 | -€5,766 | |
| Other operating charges | 640/8 | €1,995 | €1,651 | -€344 | -17.2% |
| Gross operating margin | 9900 | €123,461 | €201,257 | +€77,796 | +63.0% |
| Operating profit (loss) | 9901 | €50,513 | €99,796 | +€49,283 | +97.6% |
| Financial income | 75/76B | €363 | €5,675 | +€5,313 | +1,465% |
| Recurring financial income | 75 | €363 | €5,675 | +€5,313 | +1,465% |
| Financial charges | 65/66B | €6,734 | €4,803 | -€1,930 | -28.7% |
| Recurring financial charges | 65 | €6,734 | €4,803 | -€1,930 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | €44,142 | €100,668 | +€56,526 | +128% |
| Income taxes | 67/77 | €13,328 | €19,924 | +€6,596 | +49.5% |
| Profit (loss) for the period | 9904 | €30,814 | €80,744 | +€49,930 | +162% |
| Profit (loss) for the period to be appropriated | 9905 | €30,814 | €80,744 | +€49,930 | +162% |
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 21 October 2026 via checked.be.