JLCO 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.
What changed
JLCO CONSULTING
NACE 70.200, Business and other management consultancy
financial year 31-12-2025 compared with 31-12-2024filed annual accounts (NBB)
Net result for the year
€1.4m
31-12-2024 · €1.6m-€146,129
Equity
€4.7m
31-12-2024 · €3.2m+€1.4m
Cash
€61,810
31-12-2024 · €150,925-€89,115
Balance sheet total
€15.1m
31-12-2024 · €14.5m+€594,994
Largest movements
Assets
- Receivables within one year +€745,337
up €745,337 (+111%), from €673,677 to €1.4m
of which Other amounts receivable: +€898,265
Equity and liabilities
- Other debts +€2.7m
up €2.7m (+137%), from €1.9m to €4.6m
- Current portion of long-term debt -€2.4m
down €2.4m (-69.2%), from €3.5m to €1.1m
- Profit (loss) carried forward +€1.4m
new in 2025: €1.4m
- Debts after one year -€1.0m
down €1.0m (-19.3%), from €5.4m to €4.3m
Income statement
- Taxes -€190,441
down €190,441 (-61.9%), from €307,466 to €117,025
- Gross operating margin -€92,724
down €92,724 (-8.5%), from €1.1m to €994,302
- Financial charges +€92,456
up €92,456 (+38.9%), from €237,650 to €330,106
- Financial income -€90,093
down €90,093 (-6.9%), from €1.3m to €1.2m
of which Financial income: -€152,593
- Staff costs +€55,824
up €55,824 (+25.8%), from €216,588 to €272,413
From the 31-12-2024 result to the 31-12-2025 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.
Result 31-12-2024
€1.6m
Gross operating margin
-€92,724
Staff costs
-€55,824
Depreciation
-€7,392
Other operating charges
+€1,920
Financial income
-€90,093
Financial charges
-€92,456
Taxes
+€190,441
Result 31-12-2025
€1.4m
raises the resultlowers the result
Derived cash bridge
Derived from the 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€3.3m
Investment
+€11,999
Financing
-€3.4m
Cash 31-12-2024
€150,925
From operations (derived)
+€3.3m
Net result for the year
+€1.4m
Depreciation
+€51,709
Receivables within one year
-€745,337
Deferred charges and accrued income
-€2,480
Provisions
-€7,437
Trade debts
-€122,356
Tax, wage and social debts
+€74,431
Other debts
+€2.7m
Investment (derived)
+€11,999
Investment in fixed assets (net)
+€11,999
Financing
-€3.4m
Debts after one year
-€1.0m
Current portion of long-term debt
-€2.4m
Cash 31-12-2025
€61,810
brings cash intakes cash out
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,493,577 | €15,088,571 | +€594,994 | +4.1% |
| Fixed assets | 21/28 | €13,654,549 | €13,590,840 | -€63,709 | -0.5% |
| Tangible fixed assets | 22/27 | €855,649 | €806,940 | -€48,709 | -5.7% |
| Land and buildings | 22 | €841,896 | €793,937 | -€47,959 | -5.7% |
| Plant, machinery and equipment | 23 | - | €2,438 | +€2,438 | |
| Furniture and vehicles | 24 | €5,857 | €3,978 | -€1,879 | -32.1% |
| Other tangible fixed assets | 26 | €7,896 | €6,586 | -€1,310 | -16.6% |
| Financial fixed assets | 28 | €12,798,900 | €12,783,900 | -€15,000 | -0.1% |
| Current assets | 29/58 | €839,028 | €1,497,731 | +€658,702 | +78.5% |
| Amounts receivable within one year | 40/41 | €673,677 | €1,419,014 | +€745,337 | +111% |
| Trade receivables | 40 | €355,713 | €202,785 | -€152,928 | -43.0% |
| Other amounts receivable | 41 | €317,963 | €1,216,229 | +€898,265 | +283% |
| Cash at bank and in hand | 54/58 | €150,925 | €61,810 | -€89,115 | -59.0% |
| Deferred charges and accrued income | 490/1 | €14,427 | €16,907 | +€2,480 | +17.2% |
| Total equity and liabilities | 10/49 | €14,493,577 | €15,088,571 | +€594,994 | +4.1% |
| Equity | 10/15 | €3,247,296 | €4,676,998 | +€1.4m | +44.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €3,227,296 | €3,212,859 | -€14,437 | -0.4% |
| Non-distributable reserves | 130/1 | €8,000 | €8,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,000 | €8,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €202,118 | €187,681 | -€14,437 | -7.1% |
| Distributable reserves | 133 | €3,017,178 | €3,017,178 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €1,444,139 | +€1.4m | |
| Provisions and deferred taxes | 16 | €104,121 | €96,684 | -€7,437 | -7.1% |
| Deferred taxes | 168 | €104,121 | €96,684 | -€7,437 | -7.1% |
| Amounts payable | 17/49 | €11,142,160 | €10,314,889 | -€827,272 | -7.4% |
| Amounts payable after more than one year | 17 | €5,378,978 | €4,342,715 | -€1.0m | -19.3% |
| Financial debts | 170/4 | €5,378,978 | €4,342,715 | -€1.0m | -19.3% |
| Amounts payable within one year | 42/48 | €5,763,183 | €5,972,173 | +€208,991 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €3,469,838 | €1,069,973 | -€2.4m | -69.2% |
| Trade debts | 44 | €154,064 | €31,708 | -€122,356 | -79.4% |
| Suppliers | 440/4 | €154,064 | €31,708 | -€122,356 | -79.4% |
| Taxes, remuneration and social security | 45 | €205,496 | €279,927 | +€74,431 | +36.2% |
| Taxes | 450/3 | €184,682 | €255,090 | +€70,408 | +38.1% |
| Remuneration and social security | 454/9 | €20,814 | €24,837 | +€4,023 | +19.3% |
| Other amounts payable | 47/48 | €1,933,785 | €4,590,565 | +€2.7m | +137% |
| Remuneration, social security and pensions | 62 | €216,588 | €272,413 | +€55,824 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,317 | €51,709 | +€7,392 | +16.7% |
| Other operating charges | 640/8 | €10,600 | €8,680 | -€1,920 | -18.1% |
| Gross operating margin | 9900 | €1,087,026 | €994,302 | -€92,724 | -8.5% |
| Operating profit (loss) | 9901 | €815,520 | €661,500 | -€154,020 | -18.9% |
| Financial income | 75/76B | €1,297,990 | €1,207,896 | -€90,093 | -6.9% |
| Recurring financial income | 75 | €1,297,990 | €1,145,396 | -€152,593 | -11.8% |
| Non-recurring financial income | 76B | - | €62,500 | +€62,500 | |
| Financial charges | 65/66B | €237,650 | €330,106 | +€92,456 | +38.9% |
| Recurring financial charges | 65 | €237,650 | €330,106 | +€92,456 | +38.9% |
| Profit (loss) for the period before taxes | 9903 | €1,875,860 | €1,539,291 | -€336,570 | -17.9% |
| Transfer from deferred taxes | 780 | €7,437 | €7,437 | = | 0.0% |
| Income taxes | 67/77 | €307,466 | €117,025 | -€190,441 | -61.9% |
| Profit (loss) for the period | 9904 | €1,575,831 | €1,429,702 | -€146,129 | -9.3% |
| Transfer from tax-exempt reserves | 789 | €14,437 | €14,437 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,590,268 | €1,444,139 | -€146,129 | -9.2% |
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 30 October 2026 via checked.be.