CJM CONSULTING: 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.
CJM CONSULTING
Largest movements
- Financial fixed assets +€292,660
up €292,660 (+22.6%), from €1.3m to €1.6m
- Tangible fixed assets -€113,356
down €113,356 (-4.5%), from €2.5m to €2.4m
of which Plant, machinery and equipment: -€67,095
- Cash -€87,646
down €87,646 (-21.7%), from €404,628 to €316,981
mainly Investment in fixed assets (net) (-€379,730) and Tax, wage and social debts (-€135,078)
- Receivables within one year +€81,673
up €81,673 (+133%), from €61,624 to €143,297
of which Other amounts receivable: +€85,739
- Receivables after one year +€58,215
up €58,215 (+4.7%), from €1.2m to €1.3m
- Other debts +€204,261
up €204,261 (+252%), from €81,187 to €285,448
- Short-term financial debts +€158,575
up €158,575 (+63.4%), from €250,000 to €408,575
- Tax, wage and social debts -€135,078
down €135,078 (-90.6%), from €149,139 to €14,061
of which Taxes: -€135,291
- Debts after one year -€105,714
down €105,714 (-7.8%), from €1.4m to €1.2m
of which Financial debts: -€120,364
- Trade debts +€65,773
up €65,773 (+2,112%), from €3,114 to €68,887
- Gross operating margin -€1.2m
down €1.2m (-80.7%), from €1.5m to €286,852
- Taxes -€364,329
down €364,329 (-94.4%), from €385,951 to €21,622
- Financial income +€121,498
up €121,498 (+535%), from €22,729 to €144,227
- Financial charges +€96,527
up €96,527 (+223%), from €43,283 to €139,810
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 | €5,574,878 | €5,767,518 | +€192,640 | +3.5% |
| Fixed assets | 21/28 | €3,820,223 | €3,999,527 | +€179,304 | +4.7% |
| Tangible fixed assets | 22/27 | €2,523,315 | €2,409,959 | -€113,356 | -4.5% |
| Land and buildings | 22 | €1,507,058 | €1,463,689 | -€43,369 | -2.9% |
| Plant, machinery and equipment | 23 | €956,404 | €889,309 | -€67,095 | -7.0% |
| Furniture and vehicles | 24 | €24,104 | €14,711 | -€9,393 | -39.0% |
| Other tangible fixed assets | 26 | €35,750 | €35,750 | = | 0.0% |
| Assets under construction and advance payments | 27 | - | €6,500 | +€6,500 | |
| Financial fixed assets | 28 | €1,296,908 | €1,589,568 | +€292,660 | +22.6% |
| Current assets | 29/58 | €1,754,654 | €1,767,990 | +€13,336 | +0.8% |
| Amounts receivable after more than one year | 29 | €1,241,775 | €1,299,990 | +€58,215 | +4.7% |
| Other amounts receivable | 291 | €1,241,775 | €1,299,990 | +€58,215 | +4.7% |
| Amounts receivable within one year | 40/41 | €61,624 | €143,297 | +€81,673 | +133% |
| Trade receivables | 40 | €61,624 | €57,558 | -€4,066 | -6.6% |
| Other amounts receivable | 41 | - | €85,739 | +€85,739 | |
| Cash at bank and in hand | 54/58 | €404,628 | €316,981 | -€87,646 | -21.7% |
| Deferred charges and accrued income | 490/1 | €46,628 | €7,722 | -€38,906 | -83.4% |
| Total equity and liabilities | 10/49 | €5,574,878 | €5,767,518 | +€192,640 | +3.5% |
| Equity | 10/15 | €3,583,865 | €3,611,519 | +€27,654 | +0.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €3,571,268 | €3,598,923 | +€27,654 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €3,569,408 | €3,597,063 | +€27,654 | +0.8% |
| Profit (loss) carried forward | 14 | €197 | €197 | = | 0.0% |
| Amounts payable | 17/49 | €1,991,013 | €2,155,998 | +€164,986 | +8.3% |
| Amounts payable after more than one year | 17 | €1,352,004 | €1,246,290 | -€105,714 | -7.8% |
| Financial debts | 170/4 | €1,340,704 | €1,220,340 | -€120,364 | -9.0% |
| Other amounts payable | 178/9 | €11,300 | €25,950 | +€14,650 | +130% |
| Amounts payable within one year | 42/48 | €631,582 | €902,385 | +€270,803 | +42.9% |
| Current portion of amounts payable after more than one year | 42 | €148,142 | €125,414 | -€22,728 | -15.3% |
| Financial debts | 43 | €250,000 | €408,575 | +€158,575 | +63.4% |
| Credit institutions | 430/8 | €250,000 | €408,575 | +€158,575 | +63.4% |
| Trade debts | 44 | €3,114 | €68,887 | +€65,773 | +2,112% |
| Suppliers | 440/4 | €3,114 | €68,887 | +€65,773 | +2,112% |
| Taxes, remuneration and social security | 45 | €149,139 | €14,061 | -€135,078 | -90.6% |
| Taxes | 450/3 | €141,913 | €6,622 | -€135,291 | -95.3% |
| Remuneration and social security | 454/9 | €7,226 | €7,439 | +€213 | +3.0% |
| Other amounts payable | 47/48 | €81,187 | €285,448 | +€204,261 | +252% |
| Accrued charges and deferred income | 492/3 | €7,427 | €7,323 | -€104 | -1.4% |
| Remuneration, social security and pensions | 62 | €33,867 | €34,921 | +€1,054 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €189,873 | €200,425 | +€10,552 | +5.6% |
| Other operating charges | 640/8 | €8,760 | €6,648 | -€2,113 | -24.1% |
| Gross operating margin | 9900 | €1,487,254 | €286,852 | -€1.2m | -80.7% |
| Operating profit (loss) | 9901 | €1,254,753 | €44,859 | -€1.2m | -96.4% |
| Financial income | 75/76B | €22,729 | €144,227 | +€121,498 | +535% |
| Recurring financial income | 75 | €22,729 | €144,227 | +€121,498 | +535% |
| Financial charges | 65/66B | €43,283 | €139,810 | +€96,527 | +223% |
| Recurring financial charges | 65 | €43,283 | €139,810 | +€96,527 | +223% |
| Profit (loss) for the period before taxes | 9903 | €1,234,200 | €49,276 | -€1.2m | -96.0% |
| Income taxes | 67/77 | €385,951 | €21,622 | -€364,329 | -94.4% |
| Profit (loss) for the period | 9904 | €848,248 | €27,654 | -€820,594 | -96.7% |
| Profit (loss) for the period to be appropriated | 9905 | €848,248 | €27,654 | -€820,594 | -96.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.