J&E Consulting Group: 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.
J&E Consulting Group
Largest movements
- Receivables within one year -€119,055
down €119,055 (-72.7%), from €163,849 to €44,794
of which Trade receivables: -€116,949
- Tangible fixed assets +€98,978
up €98,978 (+48.8%), from €202,663 to €301,642
of which Land and buildings: +€100,446
- Cash -€30,607
down €30,607 (-65.4%), from €46,787 to €16,180
mainly Investment in fixed assets (net) (-€128,759) and Other debts (-€26,360)
- Other debts -€26,360
down €26,360 (-29.1%), from €90,475 to €64,115
- Trade debts -€25,129
down €25,129 (-67.5%), from €37,241 to €12,111
- Debts after one year -€9,459
down €9,459 (-3.7%), from €256,647 to €247,189
- Current portion of long-term debt +€7,596
up €7,596 (+13.4%), from €56,603 to €64,199
- Profit (loss) carried forward -€7,544
no longer reported in 2025 (was €7,544)
- Gross operating margin -€16,693
down €16,693 (-25.0%), from €66,899 to €50,206
- Financial charges +€3,779
up €3,779 (+36.4%), from €10,387 to €14,167
- Taxes -€3,400
down €3,400 (-55.5%), from €6,124 to €2,724
- Depreciation -€2,146
down €2,146 (-6.7%), from €31,927 to €29,781
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 | €482,822 | €428,863 | -€53,959 | -11.2% |
| Fixed assets | 21/28 | €202,913 | €301,892 | +€98,978 | +48.8% |
| Tangible fixed assets | 22/27 | €202,663 | €301,642 | +€98,978 | +48.8% |
| Land and buildings | 22 | €179,816 | €280,262 | +€100,446 | +55.9% |
| Plant, machinery and equipment | 23 | - | €8,645 | +€8,645 | |
| Furniture and vehicles | 24 | €22,847 | €12,734 | -€10,113 | -44.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €279,909 | €126,972 | -€152,937 | -54.6% |
| Amounts receivable within one year | 40/41 | €163,849 | €44,794 | -€119,055 | -72.7% |
| Trade receivables | 40 | €139,346 | €22,397 | -€116,949 | -83.9% |
| Other amounts receivable | 41 | €24,503 | €22,397 | -€2,105 | -8.6% |
| Current investments | 50/53 | €59,962 | €60,000 | +€39 | +0.1% |
| Cash at bank and in hand | 54/58 | €46,787 | €16,180 | -€30,607 | -65.4% |
| Deferred charges and accrued income | 490/1 | €9,312 | €5,998 | -€3,314 | -35.6% |
| Total equity and liabilities | 10/49 | €482,822 | €428,863 | -€53,959 | -11.2% |
| Equity | 10/15 | €26,094 | €18,550 | -€7,544 | -28.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,544 | - | -€7,544 | |
| Amounts payable | 17/49 | €456,728 | €410,313 | -€46,415 | -10.2% |
| Amounts payable after more than one year | 17 | €256,647 | €247,189 | -€9,459 | -3.7% |
| Financial debts | 170/4 | €256,647 | €247,189 | -€9,459 | -3.7% |
| Amounts payable within one year | 42/48 | €198,744 | €157,288 | -€41,455 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €56,603 | €64,199 | +€7,596 | +13.4% |
| Financial debts | 43 | €3,286 | €4,546 | +€1,260 | +38.4% |
| Credit institutions | 430/8 | €3,286 | €4,546 | +€1,260 | +38.4% |
| Trade debts | 44 | €37,241 | €12,111 | -€25,129 | -67.5% |
| Suppliers | 440/4 | €37,241 | €12,111 | -€25,129 | -67.5% |
| Taxes, remuneration and social security | 45 | €11,140 | €12,317 | +€1,177 | +10.6% |
| Taxes | 450/3 | €11,140 | €12,317 | +€1,177 | +10.6% |
| Other amounts payable | 47/48 | €90,475 | €64,115 | -€26,360 | -29.1% |
| Accrued charges and deferred income | 492/3 | €1,338 | €5,836 | +€4,499 | +336.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,927 | €29,781 | -€2,146 | -6.7% |
| Other operating charges | 640/8 | €1,517 | €1,719 | +€202 | +13.3% |
| Non-recurring operating charges | 66A | €514 | €199 | -€315 | -61.2% |
| Gross operating margin | 9900 | €66,899 | €50,206 | -€16,693 | -25.0% |
| Operating profit (loss) | 9901 | €32,941 | €18,506 | -€14,435 | -43.8% |
| Financial income | 75/76B | €1,107 | €1,767 | +€660 | +59.6% |
| Recurring financial income | 75 | €1,107 | €1,767 | +€660 | +59.6% |
| Financial charges | 65/66B | €10,387 | €14,167 | +€3,779 | +36.4% |
| Recurring financial charges | 65 | €10,387 | €14,167 | +€3,779 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | €23,661 | €6,106 | -€17,555 | -74.2% |
| Income taxes | 67/77 | €6,124 | €2,724 | -€3,400 | -55.5% |
| Profit (loss) for the period | 9904 | €17,537 | €3,383 | -€14,155 | -80.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,537 | €3,383 | -€14,155 | -80.7% |
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 10 October 2026 via checked.be.