J NAVEZ 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.
J NAVEZ CONSULTING
Largest movements
- Cash -€23,040
down €23,040 (-22.8%), from €101,152 to €78,113
mainly Contributions, distributions and other (-€177,946) and Tax, wage and social debts (-€8,183)
- Receivables within one year +€2,708
up €2,708 (+19.1%), from €14,139 to €16,846
- Profit (loss) carried forward -€96,079
no longer reported in 2025 (was €96,079)
- Other debts +€81,780
up €81,780 (+95,248%), from €86 to €81,866
- Tax, wage and social debts -€8,183
down €8,183 (-37.6%), from €21,749 to €13,566
of which Taxes: -€8,183
- Trade debts +€2,464
up €2,464 (+149%), from €1,657 to €4,121
- Gross operating margin +€34,311
up €34,311 (+48.0%), from €71,547 to €105,857
- Taxes +€7,507
up €7,507 (+50.8%), from €14,763 to €22,270
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 | €122,572 | €102,553 | -€20,019 | -16.3% |
| Fixed assets | 21/28 | €2,538 | €1,907 | -€631 | -24.9% |
| Tangible fixed assets | 22/27 | €2,538 | €1,907 | -€631 | -24.9% |
| Plant, machinery and equipment | 23 | €2,538 | €1,907 | -€631 | -24.9% |
| Current assets | 29/58 | €120,033 | €100,646 | -€19,388 | -16.2% |
| Amounts receivable within one year | 40/41 | €14,139 | €16,846 | +€2,708 | +19.1% |
| Trade receivables | 40 | €14,139 | €16,846 | +€2,708 | +19.1% |
| Cash at bank and in hand | 54/58 | €101,152 | €78,113 | -€23,040 | -22.8% |
| Deferred charges and accrued income | 490/1 | €4,742 | €5,687 | +€945 | +19.9% |
| Total equity and liabilities | 10/49 | €122,572 | €102,553 | -€20,019 | -16.3% |
| Equity | 10/15 | €99,079 | €3,000 | -€96,079 | -97.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,079 | - | -€96,079 | |
| Amounts payable | 17/49 | €23,492 | €99,553 | +€76,061 | +324% |
| Amounts payable within one year | 42/48 | €23,492 | €99,553 | +€76,061 | +324% |
| Trade debts | 44 | €1,657 | €4,121 | +€2,464 | +149% |
| Suppliers | 440/4 | €1,657 | €4,121 | +€2,464 | +149% |
| Taxes, remuneration and social security | 45 | €21,749 | €13,566 | -€8,183 | -37.6% |
| Taxes | 450/3 | €21,589 | €13,406 | -€8,183 | -37.9% |
| Remuneration and social security | 454/9 | €160 | €160 | = | 0.0% |
| Other amounts payable | 47/48 | €86 | €81,866 | +€81,780 | +95,248% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €631 | €631 | = | 0.0% |
| Other operating charges | 640/8 | €231 | €239 | +€8 | +3.3% |
| Gross operating margin | 9900 | €71,547 | €105,857 | +€34,311 | +48.0% |
| Operating profit (loss) | 9901 | €70,685 | €104,988 | +€34,303 | +48.5% |
| Financial income | 75/76B | €1 | €0 | -€1 | -62.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -62.6% |
| Non-recurring financial income | 76B | €1 | €0 | -€1 | -62.6% |
| Financial charges | 65/66B | €961 | €852 | -€109 | -11.3% |
| Recurring financial charges | 65 | €958 | €852 | -€106 | -11.1% |
| Non-recurring financial charges | 66B | €3 | €0 | -€3 | -99.6% |
| Profit (loss) for the period before taxes | 9903 | €69,725 | €104,136 | +€34,411 | +49.4% |
| Income taxes | 67/77 | €14,763 | €22,270 | +€7,507 | +50.8% |
| Profit (loss) for the period | 9904 | €54,962 | €81,866 | +€26,904 | +49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,962 | €81,866 | +€26,904 | +49.0% |
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 26 October 2026 via checked.be.