JATHO 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.
JATHO CONSULT
Largest movements
- Cash +€211,851
up €211,851 (+622%), from €34,038 to €245,889
mainly Current investments (+€125,668) and Net result for the year (+€85,319)
- Current investments -€125,668
down €125,668 (-33.5%), from €374,587 to €248,918
- Receivables within one year +€17,292
up €17,292 (+144%), from €12,030 to €29,322
of which Trade receivables: +€26,371
- Tangible fixed assets -€14,089
down €14,089 (-26.8%), from €52,591 to €38,502
- Reserves +€85,319
up €85,319 (+19.5%), from €436,732 to €522,050
- Gross operating margin -€76,754
down €76,754 (-41.1%), from €186,547 to €109,793
- Taxes -€22,784
down €22,784 (-44.0%), from €51,757 to €28,973
- Financial income +€17,365
up €17,365 (+577%), from €3,010 to €20,375
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 | €476,121 | €565,070 | +€88,949 | +18.7% |
| Fixed assets | 21/28 | €52,591 | €38,502 | -€14,089 | -26.8% |
| Tangible fixed assets | 22/27 | €52,591 | €38,502 | -€14,089 | -26.8% |
| Furniture and vehicles | 24 | €52,591 | €38,502 | -€14,089 | -26.8% |
| Current assets | 29/58 | €423,530 | €526,568 | +€103,039 | +24.3% |
| Amounts receivable within one year | 40/41 | €12,030 | €29,322 | +€17,292 | +144% |
| Trade receivables | 40 | - | €26,371 | +€26,371 | |
| Other amounts receivable | 41 | €12,030 | €2,951 | -€9,079 | -75.5% |
| Current investments | 50/53 | €374,587 | €248,918 | -€125,668 | -33.5% |
| Cash at bank and in hand | 54/58 | €34,038 | €245,889 | +€211,851 | +622% |
| Deferred charges and accrued income | 490/1 | €2,875 | €2,439 | -€436 | -15.2% |
| Total equity and liabilities | 10/49 | €476,121 | €565,070 | +€88,949 | +18.7% |
| Equity | 10/15 | €440,732 | €526,050 | +€85,319 | +19.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €436,732 | €522,050 | +€85,319 | +19.5% |
| Distributable reserves | 133 | €436,732 | €522,050 | +€85,319 | +19.5% |
| Amounts payable | 17/49 | €35,389 | €39,019 | +€3,630 | +10.3% |
| Amounts payable within one year | 42/48 | €35,251 | €39,019 | +€3,768 | +10.7% |
| Financial debts | 43 | - | €218 | +€218 | |
| Credit institutions | 430/8 | - | €218 | +€218 | |
| Trade debts | 44 | €444 | €304 | -€140 | -31.5% |
| Suppliers | 440/4 | €444 | €304 | -€140 | -31.5% |
| Taxes, remuneration and social security | 45 | €34,807 | €38,497 | +€3,690 | +10.6% |
| Taxes | 450/3 | €34,807 | €38,497 | +€3,690 | +10.6% |
| Accrued charges and deferred income | 492/3 | €138 | - | -€138 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,356 | €14,089 | -€267 | -1.9% |
| Other operating charges | 640/8 | €377 | €428 | +€51 | +13.6% |
| Gross operating margin | 9900 | €186,547 | €109,793 | -€76,754 | -41.1% |
| Operating profit (loss) | 9901 | €171,815 | €95,276 | -€76,539 | -44.5% |
| Financial income | 75/76B | €3,010 | €20,375 | +€17,365 | +577% |
| Recurring financial income | 75 | €3,010 | €20,375 | +€17,365 | +577% |
| Financial charges | 65/66B | €1,735 | €1,359 | -€376 | -21.7% |
| Recurring financial charges | 65 | €1,735 | €1,359 | -€376 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €173,090 | €114,292 | -€58,798 | -34.0% |
| Income taxes | 67/77 | €51,757 | €28,973 | -€22,784 | -44.0% |
| Profit (loss) for the period | 9904 | €121,334 | €85,319 | -€36,015 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €121,334 | €85,319 | -€36,015 | -29.7% |
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 15 October 2026 via checked.be.