Jawel 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.
Jawel Consult
Largest movements
- Current investments +€87,600
up €87,600 (+66.1%), from €132,560 to €220,160
- Cash +€14,890
up €14,890 (+301%), from €4,947 to €19,837
mainly Net result for the year (+€81,323) and Tax, wage and social debts (+€21,584)
- Tangible fixed assets -€11,597
down €11,597 (-19.7%), from €58,776 to €47,179
of which Furniture and vehicles: -€12,583
- Profit (loss) carried forward +€81,323
up €81,323 (+66.2%), from €122,804 to €204,127
- Tax, wage and social debts +€21,584
up €21,584 (+49.7%), from €43,430 to €65,014
- Debts after one year -€14,257
down €14,257 (-34.3%), from €41,512 to €27,255
- Gross operating margin -€61,094
down €61,094 (-33.9%), from €180,161 to €119,067
- Taxes -€14,379
down €14,379 (-39.5%), from €36,361 to €21,982
- Depreciation -€3,431
down €3,431 (-17.4%), from €19,678 to €16,246
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 | €225,178 | €314,760 | +€89,581 | +39.8% |
| Fixed assets | 21/28 | €58,776 | €47,179 | -€11,597 | -19.7% |
| Tangible fixed assets | 22/27 | €58,776 | €47,179 | -€11,597 | -19.7% |
| Plant, machinery and equipment | 23 | - | €986 | +€986 | |
| Furniture and vehicles | 24 | €58,776 | €46,192 | -€12,583 | -21.4% |
| Current assets | 29/58 | €166,403 | €267,581 | +€101,178 | +60.8% |
| Amounts receivable within one year | 40/41 | €27,849 | €25,260 | -€2,589 | -9.3% |
| Trade receivables | 40 | €27,849 | €25,260 | -€2,589 | -9.3% |
| Current investments | 50/53 | €132,560 | €220,160 | +€87,600 | +66.1% |
| Cash at bank and in hand | 54/58 | €4,947 | €19,837 | +€14,890 | +301% |
| Deferred charges and accrued income | 490/1 | €1,047 | €2,324 | +€1,277 | +122% |
| Total equity and liabilities | 10/49 | €225,178 | €314,760 | +€89,581 | +39.8% |
| Equity | 10/15 | €125,304 | €206,627 | +€81,323 | +64.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €122,804 | €204,127 | +€81,323 | +66.2% |
| Amounts payable | 17/49 | €99,874 | €108,133 | +€8,259 | +8.3% |
| Amounts payable after more than one year | 17 | €41,512 | €27,255 | -€14,257 | -34.3% |
| Financial debts | 170/4 | €41,512 | €27,255 | -€14,257 | -34.3% |
| Amounts payable within one year | 42/48 | €58,363 | €80,878 | +€22,515 | +38.6% |
| Current portion of amounts payable after more than one year | 42 | €13,843 | €14,257 | +€413 | +3.0% |
| Trade debts | 44 | €999 | €1,517 | +€518 | +51.9% |
| Suppliers | 440/4 | €999 | €1,517 | +€518 | +51.9% |
| Taxes, remuneration and social security | 45 | €43,430 | €65,014 | +€21,584 | +49.7% |
| Taxes | 450/3 | €43,430 | €65,014 | +€21,584 | +49.7% |
| Other amounts payable | 47/48 | €91 | €91 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,678 | €16,246 | -€3,431 | -17.4% |
| Other operating charges | 640/8 | €665 | €376 | -€289 | -43.4% |
| Gross operating margin | 9900 | €180,161 | €119,067 | -€61,094 | -33.9% |
| Operating profit (loss) | 9901 | €159,818 | €102,444 | -€57,374 | -35.9% |
| Financial income | 75/76B | €1,641 | €2,393 | +€751 | +45.8% |
| Recurring financial income | 75 | €1,641 | €2,393 | +€751 | +45.8% |
| Financial charges | 65/66B | €2,294 | €1,532 | -€762 | -33.2% |
| Recurring financial charges | 65 | €2,294 | €1,532 | -€762 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | €159,165 | €103,305 | -€55,860 | -35.1% |
| Income taxes | 67/77 | €36,361 | €21,982 | -€14,379 | -39.5% |
| Profit (loss) for the period | 9904 | €122,804 | €81,323 | -€41,482 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €122,804 | €81,323 | -€41,482 | -33.8% |
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 30 October 2026 via checked.be.