JFD Consult: 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.
JFD Consult
Largest movements
- Receivables within one year +€5,671
up €5,671 (+28.4%), from €19,956 to €25,627
of which Trade receivables: +€7,538
- Cash +€3,114
up €3,114 (+36.1%), from €8,616 to €11,730
mainly Net result for the year (+€17,129) and Tax, wage and social debts (+€6,600)
- Intangible fixed assets -€2,904
down €2,904 (-20.5%), from €14,157 to €11,253
- Reserves +€17,129
up €17,129 (+65.2%), from €26,254 to €43,383
- Debts after one year -€7,212
down €7,212 (-66.3%), from €10,873 to €3,661
- Trade debts -€7,019
down €7,019 (-73.5%), from €9,555 to €2,537
- Tax, wage and social debts +€6,600
up €6,600 (+170.6%), from €3,868 to €10,468
of which Taxes: +€5,631
- Other debts -€2,192
down €2,192 (-8.1%), from €26,948 to €24,755
- Gross operating margin +€4,471
up €4,471 (+20.2%), from €22,135 to €26,606
- Depreciation +€3,195
up €3,195 (+168.3%), from €1,898 to €5,094
- Financial income +€1,625
up €1,625 (+618.8%), from €263 to €1,888
- Other operating charges +€1,492
up €1,492 (+671.0%), from €222 to €1,715
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,485 | €107,575 | +€5,090 | +5.0% |
| Fixed assets | 21/28 | €71,196 | €67,501 | -€3,695 | -5.2% |
| Intangible fixed assets | 21 | €14,157 | €11,253 | -€2,904 | -20.5% |
| Tangible fixed assets | 22/27 | €7,039 | €6,248 | -€791 | -11.2% |
| Plant, machinery and equipment | 23 | €3,962 | €4,237 | +€275 | +6.9% |
| Furniture and vehicles | 24 | €1,794 | €899 | -€895 | -49.9% |
| Other tangible fixed assets | 26 | €1,283 | €1,112 | -€171 | -13.3% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €31,289 | €40,074 | +€8,785 | +28.1% |
| Stocks and contracts in progress | 3 | €2,717 | €2,717 | = | 0.0% |
| Stocks | 30/36 | €2,717 | €2,717 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,956 | €25,627 | +€5,671 | +28.4% |
| Trade receivables | 40 | €13,363 | €20,901 | +€7,538 | +56.4% |
| Other amounts receivable | 41 | €6,593 | €4,726 | -€1,867 | -28.3% |
| Cash at bank and in hand | 54/58 | €8,616 | €11,730 | +€3,114 | +36.1% |
| Total equity and liabilities | 10/49 | €102,485 | €107,575 | +€5,090 | +5.0% |
| Equity | 10/15 | €38,457 | €53,699 | +€15,241 | +39.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €26,254 | €43,383 | +€17,129 | +65.2% |
| Distributable reserves | 133 | €26,254 | €43,383 | +€17,129 | +65.2% |
| Investment grants | 15 | €9,204 | €7,316 | -€1,888 | -20.5% |
| Provisions and deferred taxes | 16 | €2,301 | €1,829 | -€472 | -20.5% |
| Deferred taxes | 168 | €2,301 | €1,829 | -€472 | -20.5% |
| Amounts payable | 17/49 | €61,726 | €52,047 | -€9,680 | -15.7% |
| Amounts payable after more than one year | 17 | €10,873 | €3,661 | -€7,212 | -66.3% |
| Financial debts | 170/4 | €10,873 | €3,661 | -€7,212 | -66.3% |
| Amounts payable within one year | 42/48 | €50,469 | €48,002 | -€2,468 | -4.9% |
| Current portion of amounts payable after more than one year | 42 | €10,098 | €10,242 | +€144 | +1.4% |
| Trade debts | 44 | €9,555 | €2,537 | -€7,019 | -73.5% |
| Suppliers | 440/4 | €9,555 | €2,537 | -€7,019 | -73.5% |
| Taxes, remuneration and social security | 45 | €3,868 | €10,468 | +€6,600 | +170.6% |
| Taxes | 450/3 | €1,163 | €6,794 | +€5,631 | +484.1% |
| Remuneration and social security | 454/9 | €2,705 | €3,674 | +€969 | +35.8% |
| Other amounts payable | 47/48 | €26,948 | €24,755 | -€2,192 | -8.1% |
| Accrued charges and deferred income | 492/3 | €384 | €384 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,898 | €5,094 | +€3,195 | +168.3% |
| Other operating charges | 640/8 | €222 | €1,715 | +€1,492 | +671.0% |
| Gross operating margin | 9900 | €22,135 | €26,606 | +€4,471 | +20.2% |
| Operating profit (loss) | 9901 | €20,014 | €19,798 | -€217 | -1.1% |
| Financial income | 75/76B | €263 | €1,888 | +€1,625 | +618.8% |
| Recurring financial income | 75 | €263 | €1,888 | +€1,625 | +618.8% |
| Financial charges | 65/66B | €971 | €961 | -€10 | -1.0% |
| Recurring financial charges | 65 | €971 | €961 | -€10 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €19,306 | €20,725 | +€1,419 | +7.3% |
| Transfer from deferred taxes | 780 | €59 | €472 | +€413 | +699.1% |
| Income taxes | 67/77 | €4,164 | €4,067 | -€96 | -2.3% |
| Profit (loss) for the period | 9904 | €15,202 | €17,129 | +€1,928 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,202 | €17,129 | +€1,928 | +12.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.