JAXS 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.
JAXS Consult
Largest movements
- Cash +€159,023
up €159,023 (+211%), from €75,249 to €234,271
mainly Current investments (+€100,000) and Other debts (+€88,091)
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€39,962
down €39,962 (-10.4%), from €384,878 to €344,916
of which Furniture and vehicles: -€23,757
- Receivables within one year -€8,197
down €8,197 (-21.7%), from €37,755 to €29,558
of which Trade receivables: -€13,697
- Other debts +€88,091
new in 2025: €88,091
- Debts after one year -€29,395
down €29,395 (-11.5%), from €254,525 to €225,130
- Advances received -€25,025
no longer reported in 2025 (was €25,025)
- Trade debts -€18,582
down €18,582 (-85.7%), from €21,688 to €3,106
- Reserves -€9,400
down €9,400 (-4.0%), from €236,600 to €227,200
- Provisions +€80,340
no longer reported in 2025 (was -€80,340)
- Gross operating margin +€33,986
up €33,986 (+24.9%), from €136,720 to €170,706
- Taxes -€19,537
down €19,537 (-42.0%), from €46,503 to €26,966
- Other operating charges -€10,345
down €10,345 (-43.1%), from €24,030 to €13,685
- Depreciation +€4,141
up €4,141 (+10.6%), from €39,015 to €43,157
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 | €620,200 | €623,058 | +€2,858 | +0.5% |
| Fixed assets | 21/28 | €398,645 | €352,150 | -€46,495 | -11.7% |
| Intangible fixed assets | 21 | €8,267 | €7,233 | -€1,033 | -12.5% |
| Tangible fixed assets | 22/27 | €384,878 | €344,916 | -€39,962 | -10.4% |
| Land and buildings | 22 | €303,937 | €288,007 | -€15,930 | -5.2% |
| Plant, machinery and equipment | 23 | €655 | €381 | -€275 | -41.9% |
| Furniture and vehicles | 24 | €80,286 | €56,529 | -€23,757 | -29.6% |
| Financial fixed assets | 28 | €5,500 | - | -€5,500 | |
| Current assets | 29/58 | €221,555 | €270,909 | +€49,354 | +22.3% |
| Amounts receivable within one year | 40/41 | €37,755 | €29,558 | -€8,197 | -21.7% |
| Trade receivables | 40 | €37,755 | €24,058 | -€13,697 | -36.3% |
| Other amounts receivable | 41 | - | €5,500 | +€5,500 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €75,249 | €234,271 | +€159,023 | +211% |
| Deferred charges and accrued income | 490/1 | €8,551 | €7,079 | -€1,472 | -17.2% |
| Total equity and liabilities | 10/49 | €620,200 | €623,058 | +€2,858 | +0.5% |
| Equity | 10/15 | €255,475 | €246,135 | -€9,339 | -3.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €236,600 | €227,200 | -€9,400 | -4.0% |
| Distributable reserves | 133 | €236,600 | €227,200 | -€9,400 | -4.0% |
| Profit (loss) carried forward | 14 | €275 | €335 | +€61 | +22.1% |
| Amounts payable | 17/49 | €364,725 | €376,923 | +€12,198 | +3.3% |
| Amounts payable after more than one year | 17 | €254,525 | €225,130 | -€29,395 | -11.5% |
| Financial debts | 170/4 | €254,525 | €225,130 | -€29,395 | -11.5% |
| Amounts payable within one year | 42/48 | €110,200 | €151,793 | +€41,593 | +37.7% |
| Current portion of amounts payable after more than one year | 42 | €28,958 | €29,395 | +€437 | +1.5% |
| Trade debts | 44 | €21,688 | €3,106 | -€18,582 | -85.7% |
| Suppliers | 440/4 | €21,688 | €3,106 | -€18,582 | -85.7% |
| Advances received on contracts in progress | 46 | €25,025 | - | -€25,025 | |
| Taxes, remuneration and social security | 45 | €34,528 | €31,201 | -€3,328 | -9.6% |
| Taxes | 450/3 | €31,144 | €31,201 | +€56 | +0.2% |
| Remuneration and social security | 454/9 | €3,384 | - | -€3,384 | |
| Other amounts payable | 47/48 | - | €88,091 | +€88,091 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,015 | €43,157 | +€4,141 | +10.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€80,340 | - | +€80,340 | |
| Other operating charges | 640/8 | €24,030 | €13,685 | -€10,345 | -43.1% |
| Gross operating margin | 9900 | €136,720 | €170,706 | +€33,986 | +24.9% |
| Operating profit (loss) | 9901 | €154,015 | €113,865 | -€40,150 | -26.1% |
| Financial income | 75/76B | €1,464 | €1,145 | -€319 | -21.8% |
| Recurring financial income | 75 | €1,464 | €1,145 | -€319 | -21.8% |
| Financial charges | 65/66B | €4,829 | €4,383 | -€447 | -9.2% |
| Recurring financial charges | 65 | €4,829 | €4,383 | -€447 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €150,649 | €110,627 | -€40,023 | -26.6% |
| Income taxes | 67/77 | €46,503 | €26,966 | -€19,537 | -42.0% |
| Profit (loss) for the period | 9904 | €104,147 | €83,661 | -€20,486 | -19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €104,147 | €83,661 | -€20,486 | -19.7% |
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 24 October 2026 via checked.be.