JEMI 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.
JEMI CONSULT
Largest movements
- Current investments +€957,626
new in 2025: €957,626
- Receivables within one year -€180,107
down €180,107 (-27.1%), from €663,611 to €483,505
of which Other amounts receivable: -€334,014
- Cash +€156,181
up €156,181 (+612.3%), from €25,507 to €181,688
mainly Debts after one year (+€1.1m) and Other debts (+€698,908)
- Tangible fixed assets -€106,894
down €106,894 (-14.1%), from €760,222 to €653,328
of which Furniture and vehicles: -€116,959
- Financial fixed assets +€75,000
up €75,000 (+35.0%), from €214,000 to €289,000
- Debts after one year +€1.1m
up €1.1m (+155.6%), from €687,069 to €1.8m
- Other debts +€698,908
new in 2025: €698,908
- Trade debts -€575,964
down €575,964 (-70.2%), from €820,105 to €244,141
- Accrued charges and deferred income -€283,821
down €283,821 (-95.1%), from €298,448 to €14,627
- Gross operating margin -€131,034
down €131,034 (-39.8%), from €329,630 to €198,596
- Other operating charges -€93,593
down €93,593 (-98.8%), from €94,754 to €1,161
- Depreciation +€60,122
up €60,122 (+45.1%), from €133,328 to €193,450
- Taxes -€23,428
down €23,428 (-69.7%), from €33,596 to €10,168
- Financial charges +€6,517
up €6,517 (+85.0%), from €7,671 to €14,188
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 | €3,340,495 | €4,258,200 | +€917,705 | +27.5% |
| Fixed assets | 21/28 | €974,222 | €942,328 | -€31,894 | -3.3% |
| Tangible fixed assets | 22/27 | €760,222 | €653,328 | -€106,894 | -14.1% |
| Furniture and vehicles | 24 | €736,273 | €619,314 | -€116,959 | -15.9% |
| Other tangible fixed assets | 26 | €23,949 | €34,014 | +€10,065 | +42.0% |
| Financial fixed assets | 28 | €214,000 | €289,000 | +€75,000 | +35.0% |
| Current assets | 29/58 | €2,366,273 | €3,315,872 | +€949,600 | +40.1% |
| Amounts receivable after more than one year | 29 | €1,590,000 | €1,590,000 | = | 0.0% |
| Other amounts receivable | 291 | €1,590,000 | €1,590,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €663,611 | €483,505 | -€180,107 | -27.1% |
| Trade receivables | 40 | €64,014 | €217,921 | +€153,908 | +240.4% |
| Other amounts receivable | 41 | €599,598 | €265,583 | -€334,014 | -55.7% |
| Current investments | 50/53 | - | €957,626 | +€957,626 | |
| Cash at bank and in hand | 54/58 | €25,507 | €181,688 | +€156,181 | +612.3% |
| Deferred charges and accrued income | 490/1 | €87,154 | €103,054 | +€15,900 | +18.2% |
| Total equity and liabilities | 10/49 | €3,340,495 | €4,258,200 | +€917,705 | +27.5% |
| Equity | 10/15 | €1,534,871 | €1,541,777 | +€6,905 | +0.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,522,471 | €1,529,377 | +€6,905 | +0.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €1,520,616 | €1,527,522 | +€6,905 | +0.5% |
| Amounts payable | 17/49 | €1,805,623 | €2,716,423 | +€910,800 | +50.4% |
| Amounts payable after more than one year | 17 | €687,069 | €1,755,871 | +€1.1m | +155.6% |
| Other amounts payable | 178/9 | €687,069 | €1,755,871 | +€1.1m | +155.6% |
| Amounts payable within one year | 42/48 | €820,105 | €945,925 | +€125,820 | +15.3% |
| Trade debts | 44 | €820,105 | €244,141 | -€575,964 | -70.2% |
| Suppliers | 440/4 | €820,105 | €244,141 | -€575,964 | -70.2% |
| Taxes, remuneration and social security | 45 | - | €2,876 | +€2,876 | |
| Taxes | 450/3 | - | €2,876 | +€2,876 | |
| Other amounts payable | 47/48 | - | €698,908 | +€698,908 | |
| Accrued charges and deferred income | 492/3 | €298,448 | €14,627 | -€283,821 | -95.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €133,328 | €193,450 | +€60,122 | +45.1% |
| Other operating charges | 640/8 | €94,754 | €1,161 | -€93,593 | -98.8% |
| Gross operating margin | 9900 | €329,630 | €198,596 | -€131,034 | -39.8% |
| Operating profit (loss) | 9901 | €101,548 | €3,986 | -€97,562 | -96.1% |
| Financial income | 75/76B | €21,342 | €27,276 | +€5,934 | +27.8% |
| Recurring financial income | 75 | €21,342 | €27,276 | +€5,934 | +27.8% |
| Financial charges | 65/66B | €7,671 | €14,188 | +€6,517 | +85.0% |
| Recurring financial charges | 65 | €7,671 | €14,188 | +€6,517 | +85.0% |
| Profit (loss) for the period before taxes | 9903 | €115,219 | €17,073 | -€98,146 | -85.2% |
| Income taxes | 67/77 | €33,596 | €10,168 | -€23,428 | -69.7% |
| Profit (loss) for the period | 9904 | €81,623 | €6,905 | -€74,718 | -91.5% |
| Profit (loss) for the period to be appropriated | 9905 | €81,623 | €6,905 | -€74,718 | -91.5% |
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 12 October 2026 via checked.be.