IJFEL 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.
IJFEL Consulting
Largest movements
- Current investments +€100,000
up €100,000 (+50.0%), from €200,000 to €300,000
- Cash -€36,571
down €36,571 (-39.1%), from €93,561 to €56,990
mainly Current investments (-€100,000) and Investment in fixed assets (net) (-€53,406)
- Tangible fixed assets +€17,740
up €17,740 (+4.2%), from €423,500 to €441,240
of which Land and buildings: +€21,490
- Reserves +€128,750
up €128,750 (+17.6%), from €731,210 to €859,960
- Trade debts -€41,747
down €41,747 (-72.0%), from €57,943 to €16,196
- Debts after one year -€29,995
down €29,995 (-12.6%), from €238,623 to €208,629
- Tax, wage and social debts +€25,212
up €25,212 (+37.8%), from €66,636 to €91,849
- Depreciation -€73,257
down €73,257 (-67.3%), from €108,924 to €35,666
- Taxes +€34,440
up €34,440 (+105%), from €32,805 to €67,246
- Gross operating margin +€23,534
up €23,534 (+10.3%), from €228,670 to €252,204
- Financial income +€8,920
up €8,920 (+1,292%), from €691 to €9,611
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 | €1,147,208 | €1,229,742 | +€82,534 | +7.2% |
| Fixed assets | 21/28 | €521,775 | €539,514 | +€17,740 | +3.4% |
| Tangible fixed assets | 22/27 | €423,500 | €441,240 | +€17,740 | +4.2% |
| Land and buildings | 22 | €390,259 | €411,750 | +€21,490 | +5.5% |
| Plant, machinery and equipment | 23 | €30,571 | €21,543 | -€9,028 | -29.5% |
| Furniture and vehicles | 24 | €2,670 | €7,947 | +€5,277 | +198% |
| Financial fixed assets | 28 | €98,275 | €98,275 | = | 0.0% |
| Current assets | 29/58 | €625,434 | €690,227 | +€64,794 | +10.4% |
| Amounts receivable within one year | 40/41 | €330,230 | €325,474 | -€4,756 | -1.4% |
| Trade receivables | 40 | €241,394 | €213,216 | -€28,177 | -11.7% |
| Other amounts receivable | 41 | €88,836 | €112,258 | +€23,422 | +26.4% |
| Current investments | 50/53 | €200,000 | €300,000 | +€100,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €93,561 | €56,990 | -€36,571 | -39.1% |
| Deferred charges and accrued income | 490/1 | €1,643 | €7,764 | +€6,121 | +373% |
| Total equity and liabilities | 10/49 | €1,147,208 | €1,229,742 | +€82,534 | +7.2% |
| Equity | 10/15 | €754,195 | €883,074 | +€128,879 | +17.1% |
| Contributions | 10/11 | €6,208 | €6,208 | = | 0.0% |
| Reserves | 13 | €731,210 | €859,960 | +€128,750 | +17.6% |
| Distributable reserves | 133 | €731,210 | €859,960 | +€128,750 | +17.6% |
| Profit (loss) carried forward | 14 | €16,777 | €16,906 | +€129 | +0.8% |
| Amounts payable | 17/49 | €393,014 | €346,668 | -€46,346 | -11.8% |
| Amounts payable after more than one year | 17 | €238,623 | €208,629 | -€29,995 | -12.6% |
| Financial debts | 170/4 | €238,623 | €208,629 | -€29,995 | -12.6% |
| Amounts payable within one year | 42/48 | €153,825 | €138,039 | -€15,786 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €29,246 | €29,995 | +€749 | +2.6% |
| Trade debts | 44 | €57,943 | €16,196 | -€41,747 | -72.0% |
| Suppliers | 440/4 | €57,943 | €16,196 | -€41,747 | -72.0% |
| Taxes, remuneration and social security | 45 | €66,636 | €91,849 | +€25,212 | +37.8% |
| Taxes | 450/3 | €66,636 | €91,849 | +€25,212 | +37.8% |
| Accrued charges and deferred income | 492/3 | €565 | - | -€565 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,924 | €35,666 | -€73,257 | -67.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€998 | - | +€998 | |
| Other operating charges | 640/8 | €6,905 | €8,085 | +€1,179 | +17.1% |
| Gross operating margin | 9900 | €228,670 | €252,204 | +€23,534 | +10.3% |
| Operating profit (loss) | 9901 | €113,839 | €208,453 | +€94,614 | +83.1% |
| Financial income | 75/76B | €691 | €9,611 | +€8,920 | +1,292% |
| Recurring financial income | 75 | €691 | €9,611 | +€8,920 | +1,292% |
| Financial charges | 65/66B | €11,184 | €8,689 | -€2,496 | -22.3% |
| Recurring financial charges | 65 | €11,184 | €8,689 | -€2,496 | -22.3% |
| Profit (loss) for the period before taxes | 9903 | €103,345 | €209,375 | +€106,030 | +103% |
| Income taxes | 67/77 | €32,805 | €67,246 | +€34,440 | +105% |
| Profit (loss) for the period | 9904 | €70,540 | €142,129 | +€71,590 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €70,540 | €142,129 | +€71,590 | +101% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.