JGO 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.
JGO CONSULT
Largest movements
- Cash +€84,524
up €84,524 (+33.0%), from €255,872 to €340,396
mainly Other debts (+€171,062) and Net result for the year (+€140,851)
- Tangible fixed assets -€17,822
down €17,822 (-27.6%), from €64,507 to €46,685
of which Furniture and vehicles: -€17,007
- Receivables within one year -€15,461
down €15,461 (-17.6%), from €87,609 to €72,148
of which Trade receivables: -€10,016
- Deferred charges and accrued income +€7,034
up €7,034, from €0 to €7,034
- Other debts +€171,062
up €171,062 (+242%), from €70,671 to €241,733
- Reserves -€139,121
down €139,121 (-60.4%), from €230,241 to €91,120
- Trade debts +€33,480
up €33,480 (+144%), from €23,202 to €56,682
- Debts after one year -€8,499
down €8,499 (-66.0%), from €12,868 to €4,369
- Gross operating margin +€15,076
up €15,076 (+7.7%), from €195,304 to €210,380
- Taxes +€3,900
up €3,900 (+9.6%), from €40,733 to €44,633
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 | €407,988 | €466,262 | +€58,275 | +14.3% |
| Fixed assets | 21/28 | €64,507 | €46,685 | -€17,822 | -27.6% |
| Tangible fixed assets | 22/27 | €64,507 | €46,685 | -€17,822 | -27.6% |
| Land and buildings | 22 | €21,551 | €18,953 | -€2,598 | -12.1% |
| Plant, machinery and equipment | 23 | €4,252 | €6,437 | +€2,185 | +51.4% |
| Furniture and vehicles | 24 | €35,459 | €18,452 | -€17,007 | -48.0% |
| Other tangible fixed assets | 26 | €3,245 | €2,842 | -€403 | -12.4% |
| Current assets | 29/58 | €343,481 | €419,578 | +€76,097 | +22.2% |
| Amounts receivable within one year | 40/41 | €87,609 | €72,148 | -€15,461 | -17.6% |
| Trade receivables | 40 | €82,088 | €72,071 | -€10,016 | -12.2% |
| Other amounts receivable | 41 | €5,521 | €77 | -€5,444 | -98.6% |
| Cash at bank and in hand | 54/58 | €255,872 | €340,396 | +€84,524 | +33.0% |
| Deferred charges and accrued income | 490/1 | €0 | €7,034 | +€7,034 | |
| Total equity and liabilities | 10/49 | €407,988 | €466,262 | +€58,275 | +14.3% |
| Equity | 10/15 | €233,241 | €94,120 | -€139,121 | -59.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €230,241 | €91,120 | -€139,121 | -60.4% |
| Distributable reserves | 133 | €230,241 | €91,120 | -€139,121 | -60.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €174,747 | €372,143 | +€197,396 | +113% |
| Amounts payable after more than one year | 17 | €12,868 | €4,369 | -€8,499 | -66.0% |
| Financial debts | 170/4 | €12,868 | €4,369 | -€8,499 | -66.0% |
| Amounts payable within one year | 42/48 | €161,879 | €367,774 | +€205,895 | +127% |
| Current portion of amounts payable after more than one year | 42 | €8,190 | €8,499 | +€309 | +3.8% |
| Trade debts | 44 | €23,202 | €56,682 | +€33,480 | +144% |
| Suppliers | 440/4 | €23,202 | €56,682 | +€33,480 | +144% |
| Taxes, remuneration and social security | 45 | €59,815 | €60,860 | +€1,044 | +1.7% |
| Taxes | 450/3 | €59,815 | €60,860 | +€1,044 | +1.7% |
| Other amounts payable | 47/48 | €70,671 | €241,733 | +€171,062 | +242% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,932 | €22,247 | +€314 | +1.4% |
| Other operating charges | 640/8 | €1,733 | €1,903 | +€170 | +9.8% |
| Gross operating margin | 9900 | €195,304 | €210,380 | +€15,076 | +7.7% |
| Operating profit (loss) | 9901 | €171,639 | €186,231 | +€14,591 | +8.5% |
| Financial income | 75/76B | €130 | €1,324 | +€1,194 | +920% |
| Recurring financial income | 75 | €130 | €1,324 | +€1,194 | +920% |
| Financial charges | 65/66B | €725 | €2,071 | +€1,346 | +186% |
| Recurring financial charges | 65 | €725 | €2,071 | +€1,346 | +186% |
| Profit (loss) for the period before taxes | 9903 | €171,044 | €185,484 | +€14,439 | +8.4% |
| Income taxes | 67/77 | €40,733 | €44,633 | +€3,900 | +9.6% |
| Profit (loss) for the period | 9904 | €130,311 | €140,851 | +€10,539 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €130,311 | €140,851 | +€10,539 | +8.1% |
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 22 October 2026 via checked.be.