J-CONSULT: 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.
What changed
J-CONSULT
NACE 85.599, Other education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€145,607
2024 · -€239,146+€93,538
Equity
-€796,669
2024 · -€651,062-€145,607
Cash
€69,257
2024 · €66,106+€3,151
Balance sheet total
€5.5m
2024 · €5.6m-€87,720
Largest movements
Assets
- Tangible fixed assets -€96,035
down €96,035 (-1.8%), from €5.4m to €5.3m
of which Land and buildings: -€97,240
Equity and liabilities
- Other debts +€491,984
up €491,984 (+24.1%), from €2.0m to €2.5m
- Debts after one year -€420,000
down €420,000 (-11.4%), from €3.7m to €3.3m
- Profit (loss) carried forward -€145,607
down €145,607 (-21.7%), from -€671,522 to -€817,129
Income statement
- Gross operating margin +€125,456
up €125,456 (+78.4%), from €160,105 to €285,561
- Staff costs +€117,244
up €117,244, from -€266 to €116,978
- Financial charges -€84,297
down €84,297 (-29.3%), from €287,265 to €202,968
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.
Result 2024
-€239,146
Gross operating margin
+€125,456
Staff costs
-€117,244
Depreciation
+€1,585
Other operating charges
-€460
Financial charges
+€84,297
Taxes
-€96
Result 2025
-€145,607
raises the resultlowers the result
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.
From operations
+€432,070
Investment
-€8,919
Financing
-€420,000
Cash 2024
€66,106
From operations (derived)
+€432,070
Net result for the year
-€145,607
Depreciation
+€105,154
Receivables within one year
-€5,339
Deferred charges and accrued income
-€26
Trade debts
-€35,096
Tax, wage and social debts
+€24,424
Other debts
+€491,984
Accrued charges and deferred income
-€3,425
Investment (derived)
-€8,919
Investment in fixed assets (net)
-€8,919
Financing
-€420,000
Debts after one year
-€420,000
Cash 2025
€69,257
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,553,259 | €5,465,539 | -€87,720 | -1.6% |
| Fixed assets | 21/28 | €5,433,442 | €5,337,206 | -€96,235 | -1.8% |
| Intangible fixed assets | 21 | €600 | €400 | -€200 | -33.3% |
| Tangible fixed assets | 22/27 | €5,432,842 | €5,336,806 | -€96,035 | -1.8% |
| Land and buildings | 22 | €5,411,198 | €5,313,958 | -€97,240 | -1.8% |
| Furniture and vehicles | 24 | €12,726 | €22,848 | +€10,122 | +79.5% |
| Assets under construction and advance payments | 27 | €8,918 | - | -€8,918 | |
| Current assets | 29/58 | €119,817 | €128,332 | +€8,516 | +7.1% |
| Amounts receivable within one year | 40/41 | €53,218 | €58,557 | +€5,339 | +10.0% |
| Trade receivables | 40 | €53,218 | €57,860 | +€4,641 | +8.7% |
| Other amounts receivable | 41 | - | €698 | +€698 | |
| Cash at bank and in hand | 54/58 | €66,106 | €69,257 | +€3,151 | +4.8% |
| Deferred charges and accrued income | 490/1 | €492 | €518 | +€26 | +5.3% |
| Total equity and liabilities | 10/49 | €5,553,259 | €5,465,539 | -€87,720 | -1.6% |
| Equity | 10/15 | -€651,062 | -€796,669 | -€145,607 | -22.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€671,522 | -€817,129 | -€145,607 | -21.7% |
| Amounts payable | 17/49 | €6,204,320 | €6,262,208 | +€57,888 | +0.9% |
| Amounts payable after more than one year | 17 | €3,675,000 | €3,255,000 | -€420,000 | -11.4% |
| Financial debts | 170/4 | €3,675,000 | €3,255,000 | -€420,000 | -11.4% |
| Amounts payable within one year | 42/48 | €2,516,980 | €2,998,293 | +€481,313 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €420,000 | €420,000 | = | 0.0% |
| Trade debts | 44 | €47,253 | €12,158 | -€35,096 | -74.3% |
| Suppliers | 440/4 | €47,253 | €12,158 | -€35,096 | -74.3% |
| Taxes, remuneration and social security | 45 | €12,093 | €36,518 | +€24,424 | +202% |
| Taxes | 450/3 | €12,093 | €18,648 | +€6,554 | +54.2% |
| Remuneration and social security | 454/9 | - | €17,870 | +€17,870 | |
| Other amounts payable | 47/48 | €2,037,634 | €2,529,618 | +€491,984 | +24.1% |
| Accrued charges and deferred income | 492/3 | €12,340 | €8,915 | -€3,425 | -27.8% |
| Remuneration, social security and pensions | 62 | -€266 | €116,978 | +€117,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €106,739 | €105,154 | -€1,585 | -1.5% |
| Other operating charges | 640/8 | €5,512 | €5,972 | +€460 | +8.3% |
| Gross operating margin | 9900 | €160,105 | €285,561 | +€125,456 | +78.4% |
| Operating profit (loss) | 9901 | €48,120 | €57,457 | +€9,337 | +19.4% |
| Financial charges | 65/66B | €287,265 | €202,968 | -€84,297 | -29.3% |
| Recurring financial charges | 65 | €287,265 | €202,968 | -€84,297 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | -€239,146 | -€145,511 | +€93,634 | +39.2% |
| Income taxes | 67/77 | €0 | €96 | +€96 | +961,400% |
| Profit (loss) for the period | 9904 | -€239,146 | -€145,607 | +€93,538 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€239,146 | -€145,607 | +€93,538 | +39.1% |
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 16 October 2026 via checked.be.