JFORGE 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.
JFORGE CONSULTING
Largest movements
- Receivables within one year +€23,155
up €23,155 (+182.3%), from €12,705 to €35,860
of which Trade receivables: +€23,085
- Tangible fixed assets -€6,584
down €6,584 (-12.8%), from €51,413 to €44,829
of which Other tangible fixed assets: -€6,099
- Cash -€4,738
down €4,738 (-7.2%), from €66,035 to €61,297
mainly Contributions, distributions and other (-€40,122) and Receivables within one year (-€23,155)
- Reserves +€14,473
up €14,473 (+6.3%), from €230,813 to €245,285
- Gross operating margin +€22,413
up €22,413 (+35.3%), from €63,406 to €85,819
- Taxes +€6,537
up €6,537 (+41.5%), from €15,741 to €22,278
- Financial charges -€1,340
down €1,340 (-70.9%), from €1,889 to €549
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 | €247,084 | €259,080 | +€11,996 | +4.9% |
| Fixed assets | 21/28 | €51,413 | €44,829 | -€6,584 | -12.8% |
| Tangible fixed assets | 22/27 | €51,413 | €44,829 | -€6,584 | -12.8% |
| Furniture and vehicles | 24 | €1,113 | €628 | -€485 | -43.6% |
| Other tangible fixed assets | 26 | €50,301 | €44,201 | -€6,099 | -12.1% |
| Current assets | 29/58 | €195,671 | €214,251 | +€18,580 | +9.5% |
| Amounts receivable within one year | 40/41 | €12,705 | €35,860 | +€23,155 | +182.3% |
| Trade receivables | 40 | €12,705 | €35,790 | +€23,085 | +181.7% |
| Other amounts receivable | 41 | €0 | €70 | +€70 | |
| Current investments | 50/53 | €115,000 | €115,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €66,035 | €61,297 | -€4,738 | -7.2% |
| Deferred charges and accrued income | 490/1 | €1,931 | €2,094 | +€163 | +8.4% |
| Total equity and liabilities | 10/49 | €247,084 | €259,080 | +€11,996 | +4.9% |
| Equity | 10/15 | €237,013 | €251,485 | +€14,473 | +6.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €230,813 | €245,285 | +€14,473 | +6.3% |
| Distributable reserves | 133 | €230,813 | €245,285 | +€14,473 | +6.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,071 | €7,595 | -€2,477 | -24.6% |
| Amounts payable within one year | 42/48 | €10,071 | €7,595 | -€2,477 | -24.6% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €1,204 | €904 | -€300 | -24.9% |
| Suppliers | 440/4 | €1,204 | €904 | -€300 | -24.9% |
| Taxes, remuneration and social security | 45 | €8,787 | €6,687 | -€2,100 | -23.9% |
| Taxes | 450/3 | €8,787 | €6,687 | -€2,100 | -23.9% |
| Other amounts payable | 47/48 | €81 | €0 | -€81 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,416 | €7,568 | +€152 | +2.0% |
| Other operating charges | 640/8 | €747 | €829 | +€82 | +11.0% |
| Gross operating margin | 9900 | €63,406 | €85,819 | +€22,413 | +35.3% |
| Operating profit (loss) | 9901 | €55,243 | €77,422 | +€22,179 | +40.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,889 | €549 | -€1,340 | -70.9% |
| Recurring financial charges | 65 | €1,889 | €549 | -€1,340 | -70.9% |
| Profit (loss) for the period before taxes | 9903 | €53,353 | €76,873 | +€23,519 | +44.1% |
| Income taxes | 67/77 | €15,741 | €22,278 | +€6,537 | +41.5% |
| Profit (loss) for the period | 9904 | €37,612 | €54,595 | +€16,983 | +45.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,612 | €54,595 | +€16,983 | +45.2% |
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 11 October 2026 via checked.be.