J.R.A. 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.
J.R.A. CONSULT
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€139,450
down €139,450 (-46.0%), from €302,856 to €163,406
mainly Current investments (-€300,000) and Contributions, distributions and other (-€185,000)
- Other debts +€151,274
up €151,274 (+389%), from €38,858 to €190,132
- Tax, wage and social debts +€10,127
up €10,127 (+74.8%), from €13,538 to €23,665
- Gross operating margin +€79,649
up €79,649 (+48.7%), from €163,472 to €243,121
- Taxes +€26,463
up €26,463 (+74.3%), from €35,605 to €62,068
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 | €403,836 | €564,049 | +€160,214 | +39.7% |
| Fixed assets | 21/28 | €100,047 | €100,000 | -€47 | 0.0% |
| Tangible fixed assets | 22/27 | €47 | - | -€47 | |
| Plant, machinery and equipment | 23 | €47 | - | -€47 | |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €303,789 | €464,049 | +€160,261 | +52.8% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €302,856 | €163,406 | -€139,450 | -46.0% |
| Deferred charges and accrued income | 490/1 | €933 | €644 | -€290 | -31.0% |
| Total equity and liabilities | 10/49 | €403,836 | €564,049 | +€160,214 | +39.7% |
| Equity | 10/15 | €351,440 | €350,253 | -€1,187 | -0.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €158,150 | €158,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,150 | €63,150 | = | 0.0% |
| Distributable reserves | 133 | €95,000 | €95,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €188,290 | €187,103 | -€1,187 | -0.6% |
| Amounts payable | 17/49 | €52,396 | €213,797 | +€161,401 | +308% |
| Amounts payable within one year | 42/48 | €52,396 | €213,797 | +€161,401 | +308% |
| Taxes, remuneration and social security | 45 | €13,538 | €23,665 | +€10,127 | +74.8% |
| Taxes | 450/3 | €13,538 | €23,665 | +€10,127 | +74.8% |
| Other amounts payable | 47/48 | €38,858 | €190,132 | +€151,274 | +389% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €562 | €47 | -€514 | -91.6% |
| Other operating charges | 640/8 | €651 | €667 | +€16 | +2.5% |
| Gross operating margin | 9900 | €163,472 | €243,121 | +€79,649 | +48.7% |
| Operating profit (loss) | 9901 | €162,260 | €242,407 | +€80,147 | +49.4% |
| Financial income | 75/76B | €1,515 | €3,516 | +€2,001 | +132% |
| Recurring financial income | 75 | €1,515 | €3,516 | +€2,001 | +132% |
| Financial charges | 65/66B | €42 | €42 | = | 0.0% |
| Recurring financial charges | 65 | €42 | €42 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €163,732 | €245,881 | +€82,148 | +50.2% |
| Income taxes | 67/77 | €35,605 | €62,068 | +€26,463 | +74.3% |
| Profit (loss) for the period | 9904 | €128,127 | €183,813 | +€55,685 | +43.5% |
| Transfer to tax-exempt reserves | 689 | €63,150 | - | -€63,150 | |
| Profit (loss) for the period to be appropriated | 9905 | €64,977 | €183,813 | +€118,835 | +183% |
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 25 October 2026 via checked.be.