JSM CULINARY: 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.
JSM CULINARY
Largest movements
- Deferred charges and accrued income +€72,296
up €72,296 (+1,332%), from €5,426 to €77,722
- Tangible fixed assets -€26,969
down €26,969 (-4.6%), from €587,674 to €560,705
of which Land and buildings: -€21,904
- Other debts +€43,000
up €43,000 (+12.7%), from €337,900 to €380,900
- Current portion of long-term debt -€17,541
down €17,541 (-87.2%), from €20,116 to €2,575
- Profit (loss) carried forward +€11,307
up €11,307 (+6.7%), from -€167,715 to -€156,408
- Accrued charges and deferred income +€10,565
up €10,565 (+8,931%), from €118 to €10,683
- Gross operating margin +€90,709
up €90,709, from -€60,889 to €29,821
- Other operating charges -€10,125
no longer reported in 2024 (was €10,125)
- Financial charges -€10,104
down €10,104 (-97.9%), from €10,316 to €212
- Financial income +€8,667
new in 2024: €8,667
of which Financial income: +€8,667
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.
Derived cash bridge
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 | €598,607 | €645,938 | +€47,330 | +7.9% |
| Fixed assets | 21/28 | €587,674 | €560,705 | -€26,969 | -4.6% |
| Tangible fixed assets | 22/27 | €587,674 | €560,705 | -€26,969 | -4.6% |
| Land and buildings | 22 | €554,386 | €532,481 | -€21,904 | -4.0% |
| Plant, machinery and equipment | 23 | €33,288 | €28,224 | -€5,064 | -15.2% |
| Current assets | 29/58 | €10,934 | €85,232 | +€74,299 | +680% |
| Amounts receivable within one year | 40/41 | €4,644 | €4,644 | = | 0.0% |
| Trade receivables | 40 | €3,843 | €3,843 | = | 0.0% |
| Other amounts receivable | 41 | €800 | €800 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €864 | €2,867 | +€2,003 | +232% |
| Deferred charges and accrued income | 490/1 | €5,426 | €77,722 | +€72,296 | +1,332% |
| Total equity and liabilities | 10/49 | €598,607 | €645,938 | +€47,330 | +7.9% |
| Equity | 10/15 | -€159,415 | -€148,108 | +€11,307 | +7.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€167,715 | -€156,408 | +€11,307 | +6.7% |
| Amounts payable | 17/49 | €758,022 | €794,045 | +€36,024 | +4.8% |
| Amounts payable after more than one year | 17 | €389,809 | €389,809 | = | 0.0% |
| Financial debts | 170/4 | €389,809 | €389,809 | = | 0.0% |
| Amounts payable within one year | 42/48 | €368,094 | €393,553 | +€25,459 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €20,116 | €2,575 | -€17,541 | -87.2% |
| Taxes, remuneration and social security | 45 | €10,078 | €10,078 | = | 0.0% |
| Taxes | 450/3 | €10,078 | €10,078 | = | 0.0% |
| Other amounts payable | 47/48 | €337,900 | €380,900 | +€43,000 | +12.7% |
| Accrued charges and deferred income | 492/3 | €118 | €10,683 | +€10,565 | +8,931% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,982 | €26,969 | -€14 | -0.1% |
| Other operating charges | 640/8 | €10,125 | - | -€10,125 | |
| Gross operating margin | 9900 | -€60,889 | €29,821 | +€90,709 | |
| Operating profit (loss) | 9901 | -€97,996 | €2,852 | +€100,848 | |
| Financial income | 75/76B | - | €8,667 | +€8,667 | |
| Recurring financial income | 75 | - | €8,667 | +€8,667 | |
| Non-recurring financial income | 76B | - | €8,667 | +€8,667 | |
| Financial charges | 65/66B | €10,316 | €212 | -€10,104 | -97.9% |
| Recurring financial charges | 65 | €10,316 | €212 | -€10,104 | -97.9% |
| Profit (loss) for the period before taxes | 9903 | -€108,312 | €11,307 | +€119,619 | |
| Profit (loss) for the period | 9904 | -€108,312 | €11,307 | +€119,619 | |
| Profit (loss) for the period to be appropriated | 9905 | -€108,312 | €11,307 | +€119,619 |
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 20 October 2026 via checked.be.