EJF consulting: what changed
Two fiscal 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.
EJF consulting
Largest movements
- Tangible fixed assets -€1,389
down €1,389 (-23.8%), from €5,822 to €4,434
- Reserves +€15,627
up €15,627 (+16.4%), from €95,149 to €110,776
- Tax, wage and social debts -€14,234
down €14,234 (-90.0%), from €15,806 to €1,573
- Other debts -€1,666
no longer reported in 2025 (was €1,666)
- Gross operating margin -€80,592
down €80,592 (-77.5%), from €104,040 to €23,447
- Taxes -€16,515
down €16,515 (-75.7%), from €21,810 to €5,296
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.
Cash bridge derived
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 | €116,777 | €115,350 | -€1,427 | -1.2% |
| Fixed assets | 21/28 | €5,822 | €4,434 | -€1,389 | -23.8% |
| Tangible fixed assets | 22/27 | €5,822 | €4,434 | -€1,389 | -23.8% |
| Furniture and vehicles | 24 | €5,822 | €4,434 | -€1,389 | -23.8% |
| Current assets | 29/58 | €110,955 | €110,917 | -€38 | 0.0% |
| Amounts receivable within one year | 40/41 | €15,968 | €16,147 | +€179 | +1.1% |
| Trade receivables | 40 | €13,600 | €5,748 | -€7,853 | -57.7% |
| Other amounts receivable | 41 | €2,368 | €10,399 | +€8,031 | +339.1% |
| Cash at bank and in hand | 54/58 | €94,314 | €93,924 | -€390 | -0.4% |
| Deferred charges and accrued income | 490/1 | €673 | €846 | +€173 | +25.7% |
| Total equity and liabilities | 10/49 | €116,777 | €115,350 | -€1,427 | -1.2% |
| Equity | 10/15 | €95,649 | €111,276 | +€15,627 | +16.3% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €95,149 | €110,776 | +€15,627 | +16.4% |
| Distributable reserves | 133 | €95,149 | €110,776 | +€15,627 | +16.4% |
| Amounts payable | 17/49 | €21,128 | €4,074 | -€17,054 | -80.7% |
| Amounts payable within one year | 42/48 | €19,125 | €2,658 | -€16,467 | -86.1% |
| Trade debts | 44 | €1,653 | €1,086 | -€567 | -34.3% |
| Suppliers | 440/4 | €1,653 | €1,086 | -€567 | -34.3% |
| Taxes, remuneration and social security | 45 | €15,806 | €1,573 | -€14,234 | -90.0% |
| Taxes | 450/3 | €15,806 | €1,573 | -€14,234 | -90.0% |
| Other amounts payable | 47/48 | €1,666 | - | -€1,666 | |
| Accrued charges and deferred income | 492/3 | €2,003 | €1,416 | -€587 | -29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €535 | €1,389 | +€854 | +159.6% |
| Other operating charges | 640/8 | €199 | €210 | +€11 | +5.5% |
| Gross operating margin | 9900 | €104,040 | €23,447 | -€80,592 | -77.5% |
| Operating profit (loss) | 9901 | €103,306 | €21,849 | -€81,457 | -78.9% |
| Financial income | 75/76B | €40 | €194 | +€153 | +382.7% |
| Recurring financial income | 75 | €40 | €194 | +€153 | +382.7% |
| Financial charges | 65/66B | €285 | €1,120 | +€834 | +292.3% |
| Recurring financial charges | 65 | €285 | €1,120 | +€834 | +292.3% |
| Profit (loss) for the period before taxes | 9903 | €103,061 | €20,923 | -€82,138 | -79.7% |
| Income taxes | 67/77 | €21,810 | €5,296 | -€16,515 | -75.7% |
| Profit (loss) for the period | 9904 | €81,250 | €15,627 | -€65,623 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €81,250 | €15,627 | -€65,623 | -80.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.