JCPH 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.
JCPH CONSULT
Largest movements
- Receivables within one year +€105,481
up €105,481 (+24.1%), from €437,245 to €542,726
of which Trade receivables: +€107,810
- Tangible fixed assets -€40,560
down €40,560 (-10.0%), from €405,094 to €364,534
- Advances received +€99,101
up €99,101 (+86.0%), from €115,265 to €214,366
- Current portion of long-term debt -€51,440
down €51,440 (-42.6%), from €120,729 to €69,289
- Trade debts +€33,594
up €33,594 (+64.6%), from €52,014 to €85,608
- Tax, wage and social debts -€19,456
down €19,456 (-22.5%), from €86,583 to €67,126
of which Remuneration and social security: -€15,303
- Other debts -€11,478
down €11,478 (-16.4%), from €70,012 to €58,534
- Staff costs -€148,999
down €148,999 (-75.8%), from €196,695 to €47,697
- Gross operating margin -€117,380
down €117,380 (-47.2%), from €248,533 to €131,153
- Taxes -€15,362
down €15,362 (-81.3%), from €18,884 to €3,523
- Depreciation -€11,767
down €11,767 (-27.3%), from €43,101 to €31,334
- Financial charges -€10,712
down €10,712 (-23.2%), from €46,138 to €35,426
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 | €1,048,849 | €1,099,220 | +€50,371 | +4.8% |
| Fixed assets | 21/28 | €529,674 | €488,114 | -€41,560 | -7.8% |
| Tangible fixed assets | 22/27 | €405,094 | €364,534 | -€40,560 | -10.0% |
| Land and buildings | 22 | €270,387 | €265,603 | -€4,784 | -1.8% |
| Plant, machinery and equipment | 23 | €63,526 | €47,069 | -€16,457 | -25.9% |
| Furniture and vehicles | 24 | €15,366 | €8,217 | -€7,149 | -46.5% |
| Leasing and similar rights | 25 | €55,815 | €43,645 | -€12,170 | -21.8% |
| Financial fixed assets | 28 | €124,580 | €123,580 | -€1,000 | -0.8% |
| Current assets | 29/58 | €519,175 | €611,106 | +€91,931 | +17.7% |
| Amounts receivable after more than one year | 29 | €68,765 | €61,063 | -€7,701 | -11.2% |
| Trade receivables | 290 | €16,858 | €7,727 | -€9,131 | -54.2% |
| Other amounts receivable | 291 | €51,907 | €53,337 | +€1,430 | +2.8% |
| Amounts receivable within one year | 40/41 | €437,245 | €542,726 | +€105,481 | +24.1% |
| Trade receivables | 40 | €101,110 | €208,920 | +€107,810 | +107% |
| Other amounts receivable | 41 | €336,135 | €333,806 | -€2,329 | -0.7% |
| Cash at bank and in hand | 54/58 | €307 | €84 | -€223 | -72.7% |
| Deferred charges and accrued income | 490/1 | €12,858 | €7,233 | -€5,625 | -43.7% |
| Total equity and liabilities | 10/49 | €1,048,849 | €1,099,220 | +€50,371 | +4.8% |
| Equity | 10/15 | €188,519 | €191,610 | +€3,091 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €163,000 | €163,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,059 | €8,150 | +€3,091 | +61.1% |
| Amounts payable | 17/49 | €860,329 | €907,609 | +€47,280 | +5.5% |
| Amounts payable after more than one year | 17 | €415,524 | €412,686 | -€2,838 | -0.7% |
| Financial debts | 170/4 | €333,424 | €363,486 | +€30,062 | +9.0% |
| Other amounts payable | 178/9 | €82,100 | €49,200 | -€32,900 | -40.1% |
| Amounts payable within one year | 42/48 | €444,603 | €494,923 | +€50,320 | +11.3% |
| Current portion of amounts payable after more than one year | 42 | €120,729 | €69,289 | -€51,440 | -42.6% |
| Trade debts | 44 | €52,014 | €85,608 | +€33,594 | +64.6% |
| Suppliers | 440/4 | €52,014 | €85,608 | +€33,594 | +64.6% |
| Advances received on contracts in progress | 46 | €115,265 | €214,366 | +€99,101 | +86.0% |
| Taxes, remuneration and social security | 45 | €86,583 | €67,126 | -€19,456 | -22.5% |
| Taxes | 450/3 | €53,805 | €49,651 | -€4,154 | -7.7% |
| Remuneration and social security | 454/9 | €32,778 | €17,475 | -€15,303 | -46.7% |
| Other amounts payable | 47/48 | €70,012 | €58,534 | -€11,478 | -16.4% |
| Accrued charges and deferred income | 492/3 | €203 | - | -€203 | |
| Non-recurring operating income | 76A | €1,605 | €1,060 | -€545 | -34.0% |
| Remuneration, social security and pensions | 62 | €196,695 | €47,697 | -€148,999 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,101 | €31,334 | -€11,767 | -27.3% |
| Other operating charges | 640/8 | €9,389 | €3,199 | -€6,190 | -65.9% |
| Non-recurring operating charges | 66A | €432 | €8,429 | +€7,997 | +1,850% |
| Gross operating margin | 9900 | €248,533 | €131,153 | -€117,380 | -47.2% |
| Operating profit (loss) | 9901 | -€1,085 | €40,494 | +€41,579 | |
| Financial income | 75/76B | €2,892 | €1,545 | -€1,347 | -46.6% |
| Recurring financial income | 75 | €2,892 | €1,545 | -€1,347 | -46.6% |
| Financial charges | 65/66B | €46,138 | €35,426 | -€10,712 | -23.2% |
| Recurring financial charges | 65 | €46,138 | €35,426 | -€10,712 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | -€44,331 | €6,614 | +€50,944 | |
| Income taxes | 67/77 | €18,884 | €3,523 | -€15,362 | -81.3% |
| Profit (loss) for the period | 9904 | -€63,215 | €3,091 | +€66,306 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,215 | €3,091 | +€66,306 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.