JEM 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.
JEM CONSULTING
Largest movements
- Tangible fixed assets +€38,786
up €38,786 (+24.3%), from €159,739 to €198,525
of which Furniture and vehicles: +€29,305
- Receivables within one year -€27,450
down €27,450 (-59.2%), from €46,368 to €18,918
of which Trade receivables: -€30,823
- Current investments +€27,000
up €27,000 (+28.7%), from €94,000 to €121,000
- Profit (loss) carried forward +€38,822
up €38,822 (+17.7%), from €219,092 to €257,915
- Tax, wage and social debts -€6,467
down €6,467 (-23.9%), from €27,035 to €20,568
of which Remuneration and social security: -€4,016
- Current portion of long-term debt +€4,846
up €4,846 (+23.1%), from €21,021 to €25,867
- Accrued charges and deferred income +€3,680
up €3,680 (+686.1%), from €536 to €4,216
- Gross operating margin -€48,383
down €48,383 (-39.9%), from €121,401 to €73,018
- Taxes -€14,242
down €14,242 (-52.7%), from €27,009 to €12,767
- Depreciation +€3,264
up €3,264 (+22.3%), from €14,613 to €17,877
- Other operating charges +€1,542
up €1,542 (+295.9%), from €521 to €2,063
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.
Cash bridge derived
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 | €319,035 | €355,373 | +€36,338 | +11.4% |
| Fixed assets | 21/28 | €162,304 | €200,176 | +€37,872 | +23.3% |
| Intangible fixed assets | 21 | €2,565 | €1,650 | -€914 | -35.6% |
| Tangible fixed assets | 22/27 | €159,739 | €198,525 | +€38,786 | +24.3% |
| Land and buildings | 22 | €120,000 | €120,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €38,381 | €47,862 | +€9,481 | +24.7% |
| Furniture and vehicles | 24 | €1,358 | €30,664 | +€29,305 | +2157.5% |
| Current assets | 29/58 | €156,731 | €155,197 | -€1,534 | -1.0% |
| Stocks and contracts in progress | 3 | €11,079 | €11,079 | = | 0.0% |
| Stocks | 30/36 | €11,079 | €11,079 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,368 | €18,918 | -€27,450 | -59.2% |
| Trade receivables | 40 | €35,239 | €4,416 | -€30,823 | -87.5% |
| Other amounts receivable | 41 | €11,129 | €14,502 | +€3,373 | +30.3% |
| Current investments | 50/53 | €94,000 | €121,000 | +€27,000 | +28.7% |
| Cash at bank and in hand | 54/58 | €3,500 | €2,399 | -€1,101 | -31.5% |
| Deferred charges and accrued income | 490/1 | €1,785 | €1,801 | +€17 | +0.9% |
| Total equity and liabilities | 10/49 | €319,035 | €355,373 | +€36,338 | +11.4% |
| Equity | 10/15 | €243,692 | €282,515 | +€38,822 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €219,092 | €257,915 | +€38,822 | +17.7% |
| Amounts payable | 17/49 | €75,343 | €72,858 | -€2,484 | -3.3% |
| Amounts payable after more than one year | 17 | €12,937 | €11,037 | -€1,900 | -14.7% |
| Financial debts | 170/4 | €12,937 | €11,037 | -€1,900 | -14.7% |
| Amounts payable within one year | 42/48 | €61,869 | €57,605 | -€4,264 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €21,021 | €25,867 | +€4,846 | +23.1% |
| Financial debts | 43 | €3,405 | €3,261 | -€144 | -4.2% |
| Credit institutions | 430/8 | €3,405 | €3,261 | -€144 | -4.2% |
| Trade debts | 44 | €3,381 | €1,019 | -€2,362 | -69.9% |
| Suppliers | 440/4 | €3,381 | €1,019 | -€2,362 | -69.9% |
| Taxes, remuneration and social security | 45 | €27,035 | €20,568 | -€6,467 | -23.9% |
| Taxes | 450/3 | €14,435 | €11,984 | -€2,451 | -17.0% |
| Remuneration and social security | 454/9 | €12,600 | €8,584 | -€4,016 | -31.9% |
| Other amounts payable | 47/48 | €7,027 | €6,891 | -€137 | -1.9% |
| Accrued charges and deferred income | 492/3 | €536 | €4,216 | +€3,680 | +686.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,613 | €17,877 | +€3,264 | +22.3% |
| Other operating charges | 640/8 | €521 | €2,063 | +€1,542 | +295.9% |
| Gross operating margin | 9900 | €121,401 | €73,018 | -€48,383 | -39.9% |
| Operating profit (loss) | 9901 | €106,267 | €53,079 | -€53,188 | -50.1% |
| Financial income | 75/76B | €28 | €290 | +€263 | +942.3% |
| Recurring financial income | 75 | €28 | €290 | +€263 | +942.3% |
| Financial charges | 65/66B | €1,463 | €1,780 | +€317 | +21.7% |
| Recurring financial charges | 65 | €1,463 | €1,780 | +€317 | +21.7% |
| Profit (loss) for the period before taxes | 9903 | €104,832 | €51,589 | -€53,243 | -50.8% |
| Income taxes | 67/77 | €27,009 | €12,767 | -€14,242 | -52.7% |
| Profit (loss) for the period | 9904 | €77,823 | €38,822 | -€39,001 | -50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,823 | €38,822 | -€39,001 | -50.1% |
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 9 October 2026 via checked.be.