JAQU 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.
JAQU Consulting
Largest movements
- Tangible fixed assets +€97,862
up €97,862 (+19.7%), from €497,468 to €595,330
of which Land and buildings: +€128,982
- Current investments -€40,000
down €40,000 (-50.0%), from €80,000 to €40,000
- Cash -€33,985
down €33,985 (-86.5%), from €39,287 to €5,302
mainly Investment in fixed assets (net) (-€164,114) and Debts after one year (-€21,662)
- Receivables within one year -€6,999
down €6,999 (-17.7%), from €39,583 to €32,584
of which Trade receivables: -€10,007
- Reserves +€43,271
up €43,271 (+10.7%), from €403,360 to €446,631
of which Distributable reserves: +€43,271
- Debts after one year -€21,662
down €21,662 (-17.4%), from €124,445 to €102,783
- Trade debts -€19,604
down €19,604 (-70.6%), from €27,769 to €8,165
- Tax, wage and social debts +€14,321
up €14,321 (+40.3%), from €35,558 to €49,879
of which Remuneration and social security: +€7,782
- Depreciation +€8,732
up €8,732 (+15.2%), from €57,520 to €66,252
- Staff costs +€3,040
up €3,040 (+2.3%), from €133,306 to €136,346
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 | €656,337 | €674,655 | +€18,317 | +2.8% |
| Fixed assets | 21/28 | €497,468 | €595,330 | +€97,862 | +19.7% |
| Tangible fixed assets | 22/27 | €497,468 | €595,330 | +€97,862 | +19.7% |
| Land and buildings | 22 | €424,522 | €553,504 | +€128,982 | +30.4% |
| Furniture and vehicles | 24 | €72,945 | €41,825 | -€31,120 | -42.7% |
| Current assets | 29/58 | €158,870 | €79,325 | -€79,545 | -50.1% |
| Amounts receivable within one year | 40/41 | €39,583 | €32,584 | -€6,999 | -17.7% |
| Trade receivables | 40 | €39,124 | €29,117 | -€10,007 | -25.6% |
| Other amounts receivable | 41 | €459 | €3,467 | +€3,008 | +656% |
| Current investments | 50/53 | €80,000 | €40,000 | -€40,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €39,287 | €5,302 | -€33,985 | -86.5% |
| Deferred charges and accrued income | 490/1 | - | €1,438 | +€1,438 | |
| Total equity and liabilities | 10/49 | €656,337 | €674,655 | +€18,317 | +2.8% |
| Equity | 10/15 | €409,560 | €452,831 | +€43,271 | +10.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €403,360 | €446,631 | +€43,271 | +10.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €401,500 | €444,771 | +€43,271 | +10.8% |
| Amounts payable | 17/49 | €246,777 | €221,823 | -€24,954 | -10.1% |
| Amounts payable after more than one year | 17 | €124,445 | €102,783 | -€21,662 | -17.4% |
| Financial debts | 170/4 | €124,445 | €102,783 | -€21,662 | -17.4% |
| Amounts payable within one year | 42/48 | €121,790 | €118,142 | -€3,648 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €20,845 | €21,662 | +€817 | +3.9% |
| Trade debts | 44 | €27,769 | €8,165 | -€19,604 | -70.6% |
| Suppliers | 440/4 | €27,769 | €8,165 | -€19,604 | -70.6% |
| Taxes, remuneration and social security | 45 | €35,558 | €49,879 | +€14,321 | +40.3% |
| Taxes | 450/3 | €13,082 | €19,620 | +€6,539 | +50.0% |
| Remuneration and social security | 454/9 | €22,477 | €30,259 | +€7,782 | +34.6% |
| Other amounts payable | 47/48 | €37,618 | €38,436 | +€818 | +2.2% |
| Accrued charges and deferred income | 492/3 | €542 | €899 | +€357 | +65.8% |
| Remuneration, social security and pensions | 62 | €133,306 | €136,346 | +€3,040 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,520 | €66,252 | +€8,732 | +15.2% |
| Other operating charges | 640/8 | €3,451 | €2,983 | -€468 | -13.6% |
| Gross operating margin | 9900 | €275,166 | €272,853 | -€2,313 | -0.8% |
| Operating profit (loss) | 9901 | €80,888 | €67,272 | -€13,616 | -16.8% |
| Financial income | 75/76B | €1,191 | €1,803 | +€612 | +51.4% |
| Recurring financial income | 75 | €567 | €1,803 | +€1,235 | +218% |
| Non-recurring financial income | 76B | €623 | - | -€623 | |
| Financial charges | 65/66B | €6,212 | €5,456 | -€756 | -12.2% |
| Recurring financial charges | 65 | €6,212 | €5,456 | -€756 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €75,867 | €63,619 | -€12,248 | -16.1% |
| Income taxes | 67/77 | €20,493 | €18,682 | -€1,811 | -8.8% |
| Profit (loss) for the period | 9904 | €55,374 | €44,937 | -€10,437 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,374 | €44,937 | -€10,437 | -18.8% |
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.