JF Consultancy: what changed
Two fiscal 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.
JF Consultancy
Largest movements
- Receivables within one year +€24,777
up €24,777 (+207.4%), from €11,948 to €36,725
of which Trade receivables: +€20,752
- Cash -€16,488
down €16,488 (-91.9%), from €17,933 to €1,444
mainly Receivables within one year (-€24,777) and Investment in fixed assets (net) (-€4,631)
- Tangible fixed assets -€790
down €790 (-10.9%), from €7,229 to €6,439
- Tax, wage and social debts +€3,816
up €3,816 (+80.8%), from €4,722 to €8,538
- Reserves +€2,326
up €2,326 (+10.0%), from €23,221 to €25,547
- Trade debts +€980
up €980 (+107.4%), from €912 to €1,891
- Depreciation +€3,166
up €3,166 (+140.5%), from €2,254 to €5,420
- Other operating charges +€1,647
up €1,647 (+267.0%), from €617 to €2,263
- Gross operating margin -€995
down €995 (-6.4%), from €15,491 to €14,496
- Taxes -€375
down €375 (-7.9%), from €4,722 to €4,347
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 | €44,827 | €51,949 | +€7,122 | +15.9% |
| Fixed assets | 21/28 | €7,229 | €6,439 | -€790 | -10.9% |
| Tangible fixed assets | 22/27 | €7,229 | €6,439 | -€790 | -10.9% |
| Furniture and vehicles | 24 | €7,229 | €6,439 | -€790 | -10.9% |
| Current assets | 29/58 | €37,599 | €45,510 | +€7,911 | +21.0% |
| Amounts receivable within one year | 40/41 | €11,948 | €36,725 | +€24,777 | +207.4% |
| Trade receivables | 40 | €195 | €20,946 | +€20,752 | +10651.6% |
| Other amounts receivable | 41 | €11,753 | €15,778 | +€4,025 | +34.2% |
| Cash at bank and in hand | 54/58 | €17,933 | €1,444 | -€16,488 | -91.9% |
| Deferred charges and accrued income | 490/1 | €7,718 | €7,341 | -€377 | -4.9% |
| Total equity and liabilities | 10/49 | €44,827 | €51,949 | +€7,122 | +15.9% |
| Equity | 10/15 | €29,421 | €31,747 | +€2,326 | +7.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €23,221 | €25,547 | +€2,326 | +10.0% |
| Distributable reserves | 133 | €23,221 | €25,547 | +€2,326 | +10.0% |
| Amounts payable | 17/49 | €15,406 | €20,202 | +€4,796 | +31.1% |
| Amounts payable within one year | 42/48 | €15,406 | €20,202 | +€4,796 | +31.1% |
| Trade debts | 44 | €912 | €1,891 | +€980 | +107.4% |
| Suppliers | 440/4 | €912 | €1,891 | +€980 | +107.4% |
| Taxes, remuneration and social security | 45 | €4,722 | €8,538 | +€3,816 | +80.8% |
| Taxes | 450/3 | €4,722 | €8,538 | +€3,816 | +80.8% |
| Other amounts payable | 47/48 | €9,772 | €9,772 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,254 | €5,420 | +€3,166 | +140.5% |
| Other operating charges | 640/8 | €617 | €2,263 | +€1,647 | +267.0% |
| Gross operating margin | 9900 | €15,491 | €14,496 | -€995 | -6.4% |
| Operating profit (loss) | 9901 | €12,620 | €6,813 | -€5,807 | -46.0% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €274 | €140 | -€133 | -48.8% |
| Recurring financial charges | 65 | €274 | €140 | -€133 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €12,355 | €6,673 | -€5,682 | -46.0% |
| Income taxes | 67/77 | €4,722 | €4,347 | -€375 | -7.9% |
| Profit (loss) for the period | 9904 | €7,633 | €2,326 | -€5,307 | -69.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,633 | €2,326 | -€5,307 | -69.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.