EJO 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.
EJO Consulting
Largest movements
- Cash +€458,715
up €458,715 (+692%), from €66,252 to €524,967
mainly Net result for the year (+€188,895) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-40.0%), from €250,000 to €150,000
- Receivables within one year -€60,508
down €60,508 (-30.9%), from €195,795 to €135,287
of which Trade receivables: -€110,790
- Reserves +€189,000
up €189,000 (+37.6%), from €502,000 to €691,000
- Accrued charges and deferred income +€81,558
up €81,558 (+11,820%), from €690 to €82,248
- Tax, wage and social debts +€12,352
up €12,352 (+27.4%), from €45,118 to €57,470
of which Taxes: +€13,470
- Gross operating margin +€42,752
up €42,752 (+20.5%), from €208,669 to €251,421
- Taxes +€9,587
up €9,587 (+18.8%), from €50,935 to €60,522
- Financial income -€5,590
down €5,590 (-32.8%), from €17,033 to €11,443
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 | €591,971 | €880,418 | +€288,448 | +48.7% |
| Fixed assets | 21/28 | €72,547 | €65,307 | -€7,239 | -10.0% |
| Tangible fixed assets | 22/27 | €72,547 | €65,307 | -€7,239 | -10.0% |
| Plant, machinery and equipment | 23 | €912 | €521 | -€391 | -42.9% |
| Furniture and vehicles | 24 | €13,898 | €10,392 | -€3,506 | -25.2% |
| Other tangible fixed assets | 26 | €57,736 | €54,394 | -€3,342 | -5.8% |
| Current assets | 29/58 | €519,424 | €815,111 | +€295,687 | +56.9% |
| Amounts receivable within one year | 40/41 | €195,795 | €135,287 | -€60,508 | -30.9% |
| Trade receivables | 40 | €113,790 | €3,000 | -€110,790 | -97.4% |
| Other amounts receivable | 41 | €82,005 | €132,287 | +€50,282 | +61.3% |
| Current investments | 50/53 | €250,000 | €150,000 | -€100,000 | -40.0% |
| Cash at bank and in hand | 54/58 | €66,252 | €524,967 | +€458,715 | +692% |
| Deferred charges and accrued income | 490/1 | €7,377 | €4,858 | -€2,520 | -34.2% |
| Total equity and liabilities | 10/49 | €591,971 | €880,418 | +€288,448 | +48.7% |
| Equity | 10/15 | €507,752 | €696,646 | +€188,895 | +37.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €502,000 | €691,000 | +€189,000 | +37.6% |
| Distributable reserves | 133 | €502,000 | €691,000 | +€189,000 | +37.6% |
| Profit (loss) carried forward | 14 | €752 | €646 | -€105 | -14.0% |
| Amounts payable | 17/49 | €84,219 | €183,772 | +€99,553 | +118% |
| Amounts payable within one year | 42/48 | €83,529 | €101,524 | +€17,996 | +21.5% |
| Trade debts | 44 | €38,411 | €44,054 | +€5,644 | +14.7% |
| Suppliers | 440/4 | €38,411 | €44,054 | +€5,644 | +14.7% |
| Taxes, remuneration and social security | 45 | €45,118 | €57,470 | +€12,352 | +27.4% |
| Taxes | 450/3 | €41,385 | €54,855 | +€13,470 | +32.5% |
| Remuneration and social security | 454/9 | €3,733 | €2,615 | -€1,118 | -30.0% |
| Accrued charges and deferred income | 492/3 | €690 | €82,248 | +€81,558 | +11,820% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,619 | €10,965 | +€346 | +3.3% |
| Other operating charges | 640/8 | €1,970 | €2,142 | +€173 | +8.8% |
| Gross operating margin | 9900 | €208,669 | €251,421 | +€42,752 | +20.5% |
| Operating profit (loss) | 9901 | €196,080 | €238,313 | +€42,232 | +21.5% |
| Financial income | 75/76B | €17,033 | €11,443 | -€5,590 | -32.8% |
| Recurring financial income | 75 | €17,033 | €11,443 | -€5,590 | -32.8% |
| Financial charges | 65/66B | €168 | €339 | +€172 | +102% |
| Recurring financial charges | 65 | €168 | €339 | +€172 | +102% |
| Profit (loss) for the period before taxes | 9903 | €212,946 | €249,416 | +€36,470 | +17.1% |
| Income taxes | 67/77 | €50,935 | €60,522 | +€9,587 | +18.8% |
| Profit (loss) for the period | 9904 | €162,011 | €188,895 | +€26,883 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €162,011 | €188,895 | +€26,883 | +16.6% |
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 26 October 2026 via checked.be.