JHSB CONSULTING: 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.
JHSB CONSULTING
Largest movements
- Financial fixed assets +€17,500
up €17,500 (+13.2%), from €132,856 to €150,356
- Receivables within one year +€11,652
up €11,652 (+48.0%), from €24,252 to €35,904
of which Other amounts receivable: +€10,949
- Cash -€7,014
down €7,014 (-82.1%), from €8,548 to €1,533
mainly Contributions, distributions and other (-€30,000) and Investment in fixed assets (net) (-€24,966)
- Reserves +€20,967
up €20,967 (+7.6%), from €274,665 to €295,632
of which Distributable reserves: +€20,967
- Gross operating margin -€5,350
down €5,350 (-6.2%), from €86,351 to €81,001
- Taxes -€2,853
down €2,853 (-11.8%), from €24,074 to €21,222
- Financial income -€2,752
down €2,752 (-71.6%), from €3,844 to €1,092
- Depreciation +€1,023
up €1,023 (+13.5%), from €7,569 to €8,592
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 | €290,758 | €311,433 | +€20,676 | +7.1% |
| Fixed assets | 21/28 | €257,316 | €273,690 | +€16,374 | +6.4% |
| Tangible fixed assets | 22/27 | €124,459 | €123,333 | -€1,126 | -0.9% |
| Land and buildings | 22 | €117,207 | €111,415 | -€5,792 | -4.9% |
| Plant, machinery and equipment | 23 | €920 | €7,093 | +€6,173 | +670.7% |
| Furniture and vehicles | 24 | €4,887 | €3,586 | -€1,301 | -26.6% |
| Other tangible fixed assets | 26 | €1,445 | €1,239 | -€206 | -14.3% |
| Financial fixed assets | 28 | €132,856 | €150,356 | +€17,500 | +13.2% |
| Current assets | 29/58 | €33,442 | €37,744 | +€4,302 | +12.9% |
| Amounts receivable within one year | 40/41 | €24,252 | €35,904 | +€11,652 | +48.0% |
| Trade receivables | 40 | €14,084 | €14,787 | +€703 | +5.0% |
| Other amounts receivable | 41 | €10,167 | €21,117 | +€10,949 | +107.7% |
| Cash at bank and in hand | 54/58 | €8,548 | €1,533 | -€7,014 | -82.1% |
| Deferred charges and accrued income | 490/1 | €642 | €307 | -€336 | -52.3% |
| Total equity and liabilities | 10/49 | €290,758 | €311,433 | +€20,676 | +7.1% |
| Equity | 10/15 | €280,865 | €301,832 | +€20,967 | +7.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | €6,200 | - | -€6,200 | |
| Other | 1109/19 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €274,665 | €295,632 | +€20,967 | +7.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €272,805 | €293,772 | +€20,967 | +7.7% |
| Amounts payable | 17/49 | €9,892 | €9,601 | -€291 | -2.9% |
| Amounts payable within one year | 42/48 | €9,892 | €9,601 | -€291 | -2.9% |
| Trade debts | 44 | €1,229 | €724 | -€505 | -41.1% |
| Suppliers | 440/4 | €1,229 | €724 | -€505 | -41.1% |
| Taxes, remuneration and social security | 45 | €8,664 | €8,878 | +€214 | +2.5% |
| Taxes | 450/3 | €8,664 | €8,878 | +€214 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,569 | €8,592 | +€1,023 | +13.5% |
| Other operating charges | 640/8 | €1,607 | €1,187 | -€420 | -26.1% |
| Gross operating margin | 9900 | €86,351 | €81,001 | -€5,350 | -6.2% |
| Operating profit (loss) | 9901 | €77,175 | €71,222 | -€5,953 | -7.7% |
| Financial income | 75/76B | €3,844 | €1,092 | -€2,752 | -71.6% |
| Recurring financial income | 75 | €3,844 | €1,092 | -€2,752 | -71.6% |
| Financial charges | 65/66B | €45 | €126 | +€81 | +179.5% |
| Recurring financial charges | 65 | €45 | €126 | +€81 | +179.5% |
| Profit (loss) for the period before taxes | 9903 | €80,974 | €72,189 | -€8,786 | -10.9% |
| Income taxes | 67/77 | €24,074 | €21,222 | -€2,853 | -11.8% |
| Profit (loss) for the period | 9904 | €56,900 | €50,967 | -€5,933 | -10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,900 | €50,967 | -€5,933 | -10.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.