JFA 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.
JFA CONSULTING
Largest movements
- Cash -€169,063
down €169,063 (-96.5%), from €175,109 to €6,046
mainly Investment in fixed assets (net) (-€118,259) and Debts after one year (-€102,196)
- Receivables within one year -€44,728
down €44,728 (-17.5%), from €255,119 to €210,391
of which Trade receivables: -€31,754
- Tangible fixed assets -€44,018
down €44,018 (-1.4%), from €3.1m to €3.0m
of which Land and buildings: -€89,476
- Profit (loss) carried forward -€477,841
down €477,841 (-100%), from €477,841 to €0
- Reserves +€434,730
up €434,730 (+32.2%), from €1.3m to €1.8m
- Debts after one year -€102,196
down €102,196 (-9.8%), from €1.0m to €940,959
of which Financial debts: -€102,196
- Other debts -€90,125
down €90,125 (-22.7%), from €397,569 to €307,444
- Accrued charges and deferred income -€36,924
down €36,924 (-99.9%), from €36,950 to €26
- Gross operating margin -€449,729
down €449,729 (-68.7%), from €654,252 to €204,522
- Taxes -€132,759
down €132,759 (-99.9%), from €132,950 to €192
- Financial charges +€25,477
up €25,477 (+49.5%), from €51,489 to €76,966
- Depreciation -€23,750
down €23,750 (-12.8%), from €186,027 to €162,277
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 | €3,508,501 | €3,250,098 | -€258,403 | -7.4% |
| Fixed assets | 21/28 | €3,077,402 | €3,033,384 | -€44,018 | -1.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €3,077,402 | €3,033,384 | -€44,018 | -1.4% |
| Land and buildings | 22 | €2,633,148 | €2,543,672 | -€89,476 | -3.4% |
| Plant, machinery and equipment | 23 | €116,889 | €127,619 | +€10,730 | +9.2% |
| Furniture and vehicles | 24 | €150,105 | €173,471 | +€23,366 | +15.6% |
| Other tangible fixed assets | 26 | €177,260 | €188,622 | +€11,362 | +6.4% |
| Current assets | 29/58 | €431,099 | €216,714 | -€214,385 | -49.7% |
| Amounts receivable within one year | 40/41 | €255,119 | €210,391 | -€44,728 | -17.5% |
| Trade receivables | 40 | €198,034 | €166,280 | -€31,754 | -16.0% |
| Other amounts receivable | 41 | €57,086 | €44,111 | -€12,974 | -22.7% |
| Cash at bank and in hand | 54/58 | €175,109 | €6,046 | -€169,063 | -96.5% |
| Deferred charges and accrued income | 490/1 | €871 | €277 | -€594 | -68.2% |
| Total equity and liabilities | 10/49 | €3,508,501 | €3,250,098 | -€258,403 | -7.4% |
| Equity | 10/15 | €1,839,054 | €1,795,943 | -€43,111 | -2.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,348,814 | €1,783,543 | +€434,730 | +32.2% |
| Distributable reserves | 133 | €1,348,814 | €1,783,543 | +€434,730 | +32.2% |
| Profit (loss) carried forward | 14 | €477,841 | €0 | -€477,841 | -100% |
| Amounts payable | 17/49 | €1,669,446 | €1,454,154 | -€215,292 | -12.9% |
| Amounts payable after more than one year | 17 | €1,043,155 | €940,959 | -€102,196 | -9.8% |
| Financial debts | 170/4 | €1,043,155 | €940,959 | -€102,196 | -9.8% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €589,341 | €513,169 | -€76,172 | -12.9% |
| Current portion of amounts payable after more than one year | 42 | €101,851 | €114,752 | +€12,901 | +12.7% |
| Trade debts | 44 | €37,549 | €66,839 | +€29,290 | +78.0% |
| Suppliers | 440/4 | €37,549 | €66,839 | +€29,290 | +78.0% |
| Taxes, remuneration and social security | 45 | €52,373 | €24,134 | -€28,238 | -53.9% |
| Taxes | 450/3 | €52,373 | €24,134 | -€28,238 | -53.9% |
| Other amounts payable | 47/48 | €397,569 | €307,444 | -€90,125 | -22.7% |
| Accrued charges and deferred income | 492/3 | €36,950 | €26 | -€36,924 | -99.9% |
| Non-recurring operating income | 76A | €9,947 | €0 | -€9,947 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €186,027 | €162,277 | -€23,750 | -12.8% |
| Other operating charges | 640/8 | €5,622 | €8,199 | +€2,577 | +45.8% |
| Gross operating margin | 9900 | €654,252 | €204,522 | -€449,729 | -68.7% |
| Operating profit (loss) | 9901 | €462,603 | €34,047 | -€428,556 | -92.6% |
| Financial income | 75/76B | €899 | €0 | -€899 | -100% |
| Recurring financial income | 75 | €899 | €0 | -€899 | -100% |
| Financial charges | 65/66B | €51,489 | €76,966 | +€25,477 | +49.5% |
| Recurring financial charges | 65 | €51,489 | €76,966 | +€25,477 | +49.5% |
| Profit (loss) for the period before taxes | 9903 | €412,013 | -€42,919 | -€454,933 | |
| Income taxes | 67/77 | €132,950 | €192 | -€132,759 | -99.9% |
| Profit (loss) for the period | 9904 | €279,063 | -€43,111 | -€322,174 | |
| Profit (loss) for the period to be appropriated | 9905 | €279,063 | -€43,111 | -€322,174 |
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 21 October 2026 via checked.be.