AJC Conseils: 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.
AJC Conseils
Largest movements
- Cash +€78,766
up €78,766 (+111,488%), from €71 to €78,837
mainly Investment in fixed assets (net) (+€38,625) and Net result for the year (+€33,176)
- Financial fixed assets -€40,907
down €40,907 (-6.8%), from €599,362 to €558,455
- Receivables after one year +€40,907
new in 2025: €40,907
- Profit (loss) carried forward +€66,793
up €66,793 (+88.7%), from €75,323 to €142,116
- Reserves -€31,860
down €31,860 (-9.3%), from €342,857 to €310,997
of which Distributable reserves: -€30,000
- Other debts +€14,964
up €14,964 (+41.2%), from €36,301 to €51,264
- Tax, wage and social debts +€12,634
up €12,634 (+2,851%), from €443 to €13,077
- Contributions +€6,860
up €6,860 (+36.9%), from €18,600 to €25,460
- Gross operating margin +€48,883
up €48,883 (+4,740%), from €1,031 to €49,914
- Taxes +€12,671
up €12,671 (+3,067%), from €413 to €13,084
- Other operating charges +€1,924
up €1,924 (+325%), from €592 to €2,516
- Depreciation -€1,567
down €1,567 (-78.1%), from €2,007 to €440
- Financial charges +€678
up €678 (+1,580%), from €43 to €721
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 | €601,860 | €683,012 | +€81,152 | +13.5% |
| Fixed assets | 21/28 | €599,658 | €560,592 | -€39,066 | -6.5% |
| Tangible fixed assets | 22/27 | €296 | €2,137 | +€1,841 | +623% |
| Plant, machinery and equipment | 23 | - | €686 | +€686 | |
| Furniture and vehicles | 24 | - | €1,451 | +€1,451 | |
| Other tangible fixed assets | 26 | €296 | €0 | -€296 | -100% |
| Financial fixed assets | 28 | €599,362 | €558,455 | -€40,907 | -6.8% |
| Current assets | 29/58 | €2,202 | €122,420 | +€120,218 | +5,459% |
| Amounts receivable after more than one year | 29 | - | €40,907 | +€40,907 | |
| Other amounts receivable | 291 | - | €40,907 | +€40,907 | |
| Amounts receivable within one year | 40/41 | €2,132 | €1,620 | -€511 | -24.0% |
| Other amounts receivable | 41 | €2,132 | €1,620 | -€511 | -24.0% |
| Cash at bank and in hand | 54/58 | €71 | €78,837 | +€78,766 | +111,488% |
| Deferred charges and accrued income | 490/1 | - | €1,056 | +€1,056 | |
| Total equity and liabilities | 10/49 | €601,860 | €683,012 | +€81,152 | +13.5% |
| Equity | 10/15 | €436,779 | €478,572 | +€41,793 | +9.6% |
| Contributions | 10/11 | €18,600 | €25,460 | +€6,860 | +36.9% |
| Reserves | 13 | €342,857 | €310,997 | -€31,860 | -9.3% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €340,997 | €310,997 | -€30,000 | -8.8% |
| Profit (loss) carried forward | 14 | €75,323 | €142,116 | +€66,793 | +88.7% |
| Provisions and deferred taxes | 16 | €128,217 | €128,217 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €128,217 | €128,217 | = | 0.0% |
| Pensions and similar obligations | 160 | €128,217 | €128,217 | = | 0.0% |
| Amounts payable | 17/49 | €36,864 | €76,223 | +€39,359 | +107% |
| Amounts payable within one year | 42/48 | €36,864 | €76,223 | +€39,359 | +107% |
| Current portion of amounts payable after more than one year | 42 | - | €4,814 | +€4,814 | |
| Financial debts | 43 | - | €4,523 | +€4,523 | |
| Credit institutions | 430/8 | - | €4,523 | +€4,523 | |
| Trade debts | 44 | €120 | €2,544 | +€2,424 | +2,020% |
| Suppliers | 440/4 | €120 | €2,544 | +€2,424 | +2,020% |
| Taxes, remuneration and social security | 45 | €443 | €13,077 | +€12,634 | +2,851% |
| Taxes | 450/3 | €443 | €13,077 | +€12,634 | +2,851% |
| Other amounts payable | 47/48 | €36,301 | €51,264 | +€14,964 | +41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,007 | €440 | -€1,567 | -78.1% |
| Other operating charges | 640/8 | €592 | €2,516 | +€1,924 | +325% |
| Gross operating margin | 9900 | €1,031 | €49,914 | +€48,883 | +4,740% |
| Operating profit (loss) | 9901 | -€1,568 | €46,958 | +€48,526 | |
| Financial income | 75/76B | - | €23 | +€23 | |
| Recurring financial income | 75 | - | €23 | +€23 | |
| Financial charges | 65/66B | €43 | €721 | +€678 | +1,580% |
| Recurring financial charges | 65 | €43 | €721 | +€678 | +1,580% |
| Profit (loss) for the period before taxes | 9903 | -€1,611 | €46,260 | +€47,872 | |
| Income taxes | 67/77 | €413 | €13,084 | +€12,671 | +3,067% |
| Profit (loss) for the period | 9904 | -€2,024 | €33,176 | +€35,201 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,024 | €33,176 | +€35,201 |
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 18 October 2026 via checked.be.