SJM GROUP: 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.
SJM GROUP
Largest movements
- Cash +€7,533
up €7,533 (+97.8%), from €7,702 to €15,235
mainly Receivables within one year (+€4,725) and Trade debts (+€3,456)
- Receivables within one year -€4,725
down €4,725 (-23.8%), from €19,862 to €15,136
of which Trade receivables: -€7,170
- Tangible fixed assets -€1,583
down €1,583 (-33.9%), from €4,667 to €3,083
of which Furniture and vehicles: -€2,333
- Other debts -€3,733
no longer reported in 2025 (was €3,733)
- Trade debts +€3,456
new in 2025: €3,456
- Profit (loss) carried forward +€1,501
up €1,501 (+6.4%), from €23,498 to €24,999
- Purchases and services +€71,857
up €71,857 (+192%), from €37,356 to €109,213
- Gross operating margin -€37,848
down €37,848 (-75.2%), from €50,330 to €12,481
- Turnover +€34,081
up €34,081 (+38.9%), from €87,685 to €121,766
- Staff costs -€22,314
down €22,314 (-99.0%), from €22,550 to €236
- Taxes +€6,541
new in 2025: €6,541
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 | €32,231 | €33,455 | +€1,224 | +3.8% |
| Fixed assets | 21/28 | €4,667 | €3,083 | -€1,583 | -33.9% |
| Tangible fixed assets | 22/27 | €4,667 | €3,083 | -€1,583 | -33.9% |
| Plant, machinery and equipment | 23 | - | €750 | +€750 | |
| Furniture and vehicles | 24 | €4,667 | €2,333 | -€2,333 | -50.0% |
| Current assets | 29/58 | €27,564 | €30,371 | +€2,807 | +10.2% |
| Amounts receivable within one year | 40/41 | €19,862 | €15,136 | -€4,725 | -23.8% |
| Trade receivables | 40 | €13,718 | €6,548 | -€7,170 | -52.3% |
| Other amounts receivable | 41 | €6,144 | €8,589 | +€2,445 | +39.8% |
| Cash at bank and in hand | 54/58 | €7,702 | €15,235 | +€7,533 | +97.8% |
| Total equity and liabilities | 10/49 | €32,231 | €33,455 | +€1,224 | +3.8% |
| Equity | 10/15 | €28,498 | €29,999 | +€1,501 | +5.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,498 | €24,999 | +€1,501 | +6.4% |
| Amounts payable | 17/49 | €3,733 | €3,456 | -€277 | -7.4% |
| Amounts payable within one year | 42/48 | €3,733 | €3,456 | -€277 | -7.4% |
| Trade debts | 44 | - | €3,456 | +€3,456 | |
| Suppliers | 440/4 | - | €3,456 | +€3,456 | |
| Other amounts payable | 47/48 | €3,733 | - | -€3,733 | |
| Turnover | 70 | €87,685 | €121,766 | +€34,081 | +38.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €37,356 | €109,213 | +€71,857 | +192% |
| Remuneration, social security and pensions | 62 | €22,550 | €236 | -€22,314 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,333 | €2,708 | +€375 | +16.1% |
| Other operating charges | 640/8 | €1,904 | €1,327 | -€577 | -30.3% |
| Gross operating margin | 9900 | €50,330 | €12,481 | -€37,848 | -75.2% |
| Operating profit (loss) | 9901 | €23,542 | €8,210 | -€15,332 | -65.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €45 | €169 | +€123 | +273% |
| Recurring financial charges | 65 | €45 | €169 | +€123 | +273% |
| Profit (loss) for the period before taxes | 9903 | €23,498 | €8,042 | -€15,456 | -65.8% |
| Income taxes | 67/77 | - | €6,541 | +€6,541 | |
| Profit (loss) for the period | 9904 | €23,498 | €1,501 | -€21,997 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €23,498 | €1,501 | -€21,997 | -93.6% |
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 23 October 2026 via checked.be.