JLO 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.
JLO CONSULTING
Largest movements
- Tangible fixed assets -€38,710
down €38,710 (-4.6%), from €839,103 to €800,393
of which Land and buildings: -€33,153
- Cash -€23,402
down €23,402 (-84.9%), from €27,556 to €4,154
mainly Debts after one year (-€219,372) and Net result for the year (-€88,138)
- Receivables within one year +€15,198
up €15,198 (+27.8%), from €54,577 to €69,776
of which Trade receivables: +€14,676
- Other debts +€263,000
up €263,000 (+35.2%), from €747,000 to €1.0m
- Debts after one year -€219,372
down €219,372 (-52.3%), from €419,798 to €200,425
- Profit (loss) carried forward -€88,138
down €88,138 (-141%), from -€62,500 to -€150,638
- Current portion of long-term debt -€15,623
down €15,623 (-39.2%), from €39,817 to €24,194
- Gross operating margin -€55,829
down €55,829, from €53,116 to -€2,713
- Staff costs +€8,629
up €8,629 (+335%), from €2,579 to €11,208
- Other operating charges -€3,092
down €3,092 (-96.1%), from €3,218 to €126
- Depreciation +€1,368
up €1,368 (+3.0%), from €45,520 to €46,888
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,152,032 | €1,105,118 | -€46,914 | -4.1% |
| Fixed assets | 21/28 | €839,308 | €800,598 | -€38,710 | -4.6% |
| Tangible fixed assets | 22/27 | €839,103 | €800,393 | -€38,710 | -4.6% |
| Land and buildings | 22 | €823,280 | €790,127 | -€33,153 | -4.0% |
| Plant, machinery and equipment | 23 | €4,880 | €4,147 | -€732 | -15.0% |
| Furniture and vehicles | 24 | €10,943 | €6,119 | -€4,824 | -44.1% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €312,724 | €304,520 | -€8,204 | -2.6% |
| Stocks and contracts in progress | 3 | €230,590 | €230,590 | = | 0.0% |
| Stocks | 30/36 | €230,590 | €230,590 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €54,577 | €69,776 | +€15,198 | +27.8% |
| Trade receivables | 40 | €7,381 | €22,057 | +€14,676 | +199% |
| Other amounts receivable | 41 | €47,196 | €47,719 | +€522 | +1.1% |
| Cash at bank and in hand | 54/58 | €27,556 | €4,154 | -€23,402 | -84.9% |
| Total equity and liabilities | 10/49 | €1,152,032 | €1,105,118 | -€46,914 | -4.1% |
| Equity | 10/15 | -€59,200 | -€147,338 | -€88,138 | -149% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €300 | €300 | = | 0.0% |
| Non-distributable reserves | 130/1 | €300 | €300 | = | 0.0% |
| Legal reserve | 130 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€62,500 | -€150,638 | -€88,138 | -141% |
| Amounts payable | 17/49 | €1,211,232 | €1,252,456 | +€41,225 | +3.4% |
| Amounts payable after more than one year | 17 | €419,798 | €200,425 | -€219,372 | -52.3% |
| Financial debts | 170/4 | €419,798 | €200,425 | -€219,372 | -52.3% |
| Amounts payable within one year | 42/48 | €791,434 | €1,052,031 | +€260,597 | +32.9% |
| Current portion of amounts payable after more than one year | 42 | €39,817 | €24,194 | -€15,623 | -39.2% |
| Trade debts | 44 | €2,048 | €8,427 | +€6,378 | +311% |
| Suppliers | 440/4 | €2,048 | €8,427 | +€6,378 | +311% |
| Taxes, remuneration and social security | 45 | €2,568 | €9,410 | +€6,842 | +266% |
| Taxes | 450/3 | €2,028 | €7,246 | +€5,218 | +257% |
| Remuneration and social security | 454/9 | €540 | €2,164 | +€1,623 | +300% |
| Other amounts payable | 47/48 | €747,000 | €1,010,000 | +€263,000 | +35.2% |
| Remuneration, social security and pensions | 62 | €2,579 | €11,208 | +€8,629 | +335% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,520 | €46,888 | +€1,368 | +3.0% |
| Other operating charges | 640/8 | €3,218 | €126 | -€3,092 | -96.1% |
| Non-recurring operating charges | 66A | - | €70 | +€70 | |
| Gross operating margin | 9900 | €53,116 | -€2,713 | -€55,829 | |
| Operating profit (loss) | 9901 | €1,799 | -€61,004 | -€62,804 | |
| Financial income | 75/76B | €85 | €20 | -€65 | -76.5% |
| Recurring financial income | 75 | €85 | €20 | -€65 | -76.5% |
| Financial charges | 65/66B | €26,399 | €26,831 | +€433 | +1.6% |
| Recurring financial charges | 65 | €26,399 | €26,831 | +€433 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€24,515 | -€87,816 | -€63,301 | -258% |
| Income taxes | 67/77 | - | €323 | +€323 | |
| Profit (loss) for the period | 9904 | -€24,515 | -€88,138 | -€63,624 | -260% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,515 | -€88,138 | -€63,624 | -260% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.