JG 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.
JG CONSULT
Largest movements
- Tangible fixed assets -€19,444
down €19,444 (-20.9%), from €92,842 to €73,398
of which Furniture and vehicles: -€17,170
- Receivables within one year +€17,628
up €17,628 (+18.8%), from €93,977 to €111,606
of which Other amounts receivable: +€33,298
- Cash -€8,779
down €8,779 (-40.3%), from €21,800 to €13,021
mainly Contributions, distributions and other (-€20,016) and Receivables within one year (-€17,628)
- Other debts +€28,204
up €28,204 (+70.4%), from €40,048 to €68,251
- Debts after one year -€13,993
down €13,993 (-37.3%), from €37,474 to €23,481
- Reserves -€10,538
down €10,538 (-13.5%), from €77,868 to €67,330
of which Distributable reserves: -€10,538
- Short-term financial debts -€5,965
no longer reported in 2025 (was €5,965)
- Tax, wage and social debts -€5,685
down €5,685 (-29.0%), from €19,635 to €13,951
- Gross operating margin -€48,003
down €48,003 (-54.9%), from €87,419 to €39,417
- Taxes -€18,342
down €18,342 (-74.8%), from €24,515 to €6,173
- Financial income -€5,762
down €5,762 (-90.5%), from €6,364 to €602
- Depreciation +€978
up €978 (+5.3%), from €18,466 to €19,444
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 | €224,143 | €213,564 | -€10,579 | -4.7% |
| Fixed assets | 21/28 | €104,403 | €84,959 | -€19,444 | -18.6% |
| Tangible fixed assets | 22/27 | €92,842 | €73,398 | -€19,444 | -20.9% |
| Plant, machinery and equipment | 23 | €2,964 | €2,314 | -€650 | -21.9% |
| Furniture and vehicles | 24 | €62,943 | €45,772 | -€17,170 | -27.3% |
| Other tangible fixed assets | 26 | €26,935 | €25,312 | -€1,623 | -6.0% |
| Financial fixed assets | 28 | €11,561 | €11,561 | = | 0.0% |
| Current assets | 29/58 | €119,740 | €128,604 | +€8,865 | +7.4% |
| Amounts receivable within one year | 40/41 | €93,977 | €111,606 | +€17,628 | +18.8% |
| Trade receivables | 40 | €33,848 | €18,178 | -€15,670 | -46.3% |
| Other amounts receivable | 41 | €60,129 | €93,427 | +€33,298 | +55.4% |
| Cash at bank and in hand | 54/58 | €21,800 | €13,021 | -€8,779 | -40.3% |
| Deferred charges and accrued income | 490/1 | €3,963 | €3,978 | +€15 | +0.4% |
| Total equity and liabilities | 10/49 | €224,143 | €213,564 | -€10,579 | -4.7% |
| Equity | 10/15 | €96,468 | €85,930 | -€10,538 | -10.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €77,868 | €67,330 | -€10,538 | -13.5% |
| Tax-exempt reserves | 132 | €9,068 | €9,068 | = | 0.0% |
| Distributable reserves | 133 | €68,800 | €58,262 | -€10,538 | -15.3% |
| Amounts payable | 17/49 | €127,675 | €127,634 | -€41 | 0.0% |
| Amounts payable after more than one year | 17 | €37,474 | €23,481 | -€13,993 | -37.3% |
| Financial debts | 170/4 | €37,474 | €23,481 | -€13,993 | -37.3% |
| Amounts payable within one year | 42/48 | €90,022 | €103,962 | +€13,940 | +15.5% |
| Current portion of amounts payable after more than one year | 42 | €16,877 | €13,993 | -€2,884 | -17.1% |
| Financial debts | 43 | €5,965 | - | -€5,965 | |
| Credit institutions | 430/8 | €5,965 | - | -€5,965 | |
| Trade debts | 44 | €7,497 | €7,767 | +€271 | +3.6% |
| Suppliers | 440/4 | €7,497 | €7,767 | +€271 | +3.6% |
| Taxes, remuneration and social security | 45 | €19,635 | €13,951 | -€5,685 | -29.0% |
| Taxes | 450/3 | €19,635 | €13,951 | -€5,685 | -29.0% |
| Other amounts payable | 47/48 | €40,048 | €68,251 | +€28,204 | +70.4% |
| Accrued charges and deferred income | 492/3 | €178 | €190 | +€12 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,466 | €19,444 | +€978 | +5.3% |
| Other operating charges | 640/8 | €1,160 | €1,093 | -€67 | -5.8% |
| Gross operating margin | 9900 | €87,419 | €39,417 | -€48,003 | -54.9% |
| Operating profit (loss) | 9901 | €67,793 | €18,880 | -€48,913 | -72.2% |
| Financial income | 75/76B | €6,364 | €602 | -€5,762 | -90.5% |
| Recurring financial income | 75 | €6,364 | €602 | -€5,762 | -90.5% |
| Financial charges | 65/66B | €3,567 | €3,831 | +€264 | +7.4% |
| Recurring financial charges | 65 | €3,567 | €3,831 | +€264 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €70,590 | €15,651 | -€54,939 | -77.8% |
| Income taxes | 67/77 | €24,515 | €6,173 | -€18,342 | -74.8% |
| Profit (loss) for the period | 9904 | €46,075 | €9,477 | -€36,597 | -79.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,075 | €9,477 | -€36,597 | -79.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.