RJMS: 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.
RJMS
Largest movements
- Receivables within one year -€45,726
down €45,726 (-50.7%), from €90,253 to €44,527
of which Trade receivables: -€43,853
- Tangible fixed assets -€7,888
down €7,888 (-47.6%), from €16,555 to €8,667
of which Furniture and vehicles: -€7,363
- Cash -€3,401
down €3,401 (-40.1%), from €8,472 to €5,071
mainly Trade debts (-€50,385) and Tax, wage and social debts (-€2,837)
- Trade debts -€50,385
down €50,385 (-73.3%), from €68,740 to €18,355
- Tax, wage and social debts -€2,837
down €2,837 (-40.3%), from €7,046 to €4,209
of which Remuneration and social security: -€5,894
- Profit (loss) carried forward -€2,379
down €2,379 (-17.1%), from €13,938 to €11,559
- Purchases and services -€21,386
down €21,386 (-24.0%), from €89,112 to €67,726
- Gross operating margin +€15,212
up €15,212, from -€1,753 to €13,459
- Staff costs +€9,630
up €9,630 (+198.8%), from €4,843 to €14,473
- Turnover -€6,174
down €6,174 (-7.1%), from €87,359 to €81,185
- Other operating charges -€3,906
no longer reported in 2024 (was €3,906)
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 | €117,854 | €60,839 | -€57,015 | -48.4% |
| Fixed assets | 21/28 | €19,129 | €11,241 | -€7,888 | -41.2% |
| Tangible fixed assets | 22/27 | €16,555 | €8,667 | -€7,888 | -47.6% |
| Plant, machinery and equipment | 23 | €2,756 | €2,231 | -€525 | -19.0% |
| Furniture and vehicles | 24 | €13,799 | €6,436 | -€7,363 | -53.4% |
| Financial fixed assets | 28 | €2,574 | €2,574 | = | 0.0% |
| Current assets | 29/58 | €98,725 | €49,598 | -€49,127 | -49.8% |
| Amounts receivable within one year | 40/41 | €90,253 | €44,527 | -€45,726 | -50.7% |
| Trade receivables | 40 | €47,036 | €3,183 | -€43,853 | -93.2% |
| Other amounts receivable | 41 | €43,217 | €41,344 | -€1,873 | -4.3% |
| Cash at bank and in hand | 54/58 | €8,472 | €5,071 | -€3,401 | -40.1% |
| Total equity and liabilities | 10/49 | €117,854 | €60,839 | -€57,015 | -48.4% |
| Equity | 10/15 | €33,433 | €31,054 | -€2,379 | -7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €895 | €895 | = | 0.0% |
| Non-distributable reserves | 130/1 | €895 | €895 | = | 0.0% |
| Reserves not available under the articles | 1311 | €895 | €895 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,938 | €11,559 | -€2,379 | -17.1% |
| Amounts payable | 17/49 | €84,421 | €29,785 | -€54,636 | -64.7% |
| Amounts payable after more than one year | 17 | €7,777 | €7,221 | -€556 | -7.1% |
| Financial debts | 170/4 | €7,777 | €7,221 | -€556 | -7.1% |
| Amounts payable within one year | 42/48 | €75,786 | €22,564 | -€53,222 | -70.2% |
| Trade debts | 44 | €68,740 | €18,355 | -€50,385 | -73.3% |
| Suppliers | 440/4 | €68,740 | €18,355 | -€50,385 | -73.3% |
| Taxes, remuneration and social security | 45 | €7,046 | €4,209 | -€2,837 | -40.3% |
| Taxes | 450/3 | - | €3,057 | +€3,057 | |
| Remuneration and social security | 454/9 | €7,046 | €1,152 | -€5,894 | -83.7% |
| Accrued charges and deferred income | 492/3 | €858 | - | -€858 | |
| Turnover | 70 | €87,359 | €81,185 | -€6,174 | -7.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,112 | €67,726 | -€21,386 | -24.0% |
| Remuneration, social security and pensions | 62 | €4,843 | €14,473 | +€9,630 | +198.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,042 | €7,888 | -€154 | -1.9% |
| Other operating charges | 640/8 | €3,906 | - | -€3,906 | |
| Gross operating margin | 9900 | -€1,753 | €13,459 | +€15,212 | |
| Operating profit (loss) | 9901 | -€18,544 | -€8,902 | +€9,642 | +52.0% |
| Financial income | 75/76B | €7,899 | €7,133 | -€766 | -9.7% |
| Recurring financial income | 75 | €7,096 | €7,083 | -€13 | -0.2% |
| Non-recurring financial income | 76B | €803 | €50 | -€753 | -93.8% |
| Financial charges | 65/66B | €133 | €610 | +€477 | +358.6% |
| Recurring financial charges | 65 | €133 | €610 | +€477 | +358.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,778 | -€2,379 | +€8,399 | +77.9% |
| Income taxes | 67/77 | -€1,417 | - | +€1,417 | |
| Profit (loss) for the period | 9904 | -€9,361 | -€2,379 | +€6,982 | +74.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,361 | -€2,379 | +€6,982 | +74.6% |
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 10 October 2026 via checked.be.