JLT 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.
JLT Consulting
Largest movements
- Tangible fixed assets +€687,859
up €687,859 (+2,489%), from €27,641 to €715,500
of which Land and buildings: +€698,453
- Cash -€32,618
down €32,618 (-41.8%), from €78,102 to €45,484
mainly Investment in fixed assets (net) (-€722,141) and Receivables within one year (-€4,533)
- Debts after one year +€596,895
up €596,895 (+4,962%), from €12,030 to €608,925
- Profit (loss) carried forward +€31,973
up €31,973 (+538%), from €5,939 to €37,912
- Current portion of long-term debt +€20,395
up €20,395 (+253%), from €8,071 to €28,466
- Trade debts +€7,823
up €7,823 (+2,644%), from €296 to €8,118
- Depreciation +€24,736
up €24,736 (+259%), from €9,546 to €34,282
- Taxes -€11,381
down €11,381 (-47.9%), from €23,782 to €12,401
- Financial charges +€7,127
up €7,127 (+530%), from €1,344 to €8,471
- Gross operating margin +€6,414
up €6,414 (+7.9%), from €81,347 to €87,761
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 | €106,130 | €766,972 | +€660,842 | +623% |
| Fixed assets | 21/28 | €27,641 | €715,500 | +€687,859 | +2,489% |
| Tangible fixed assets | 22/27 | €27,641 | €715,500 | +€687,859 | +2,489% |
| Land and buildings | 22 | - | €698,453 | +€698,453 | |
| Plant, machinery and equipment | 23 | €3,628 | €2,216 | -€1,412 | -38.9% |
| Furniture and vehicles | 24 | €24,013 | €14,831 | -€9,182 | -38.2% |
| Current assets | 29/58 | €78,489 | €51,472 | -€27,017 | -34.4% |
| Amounts receivable within one year | 40/41 | €65 | €4,598 | +€4,533 | +6,974% |
| Trade receivables | 40 | €65 | €0 | -€65 | -100% |
| Other amounts receivable | 41 | - | €4,598 | +€4,598 | |
| Cash at bank and in hand | 54/58 | €78,102 | €45,484 | -€32,618 | -41.8% |
| Deferred charges and accrued income | 490/1 | €322 | €1,389 | +€1,068 | +332% |
| Total equity and liabilities | 10/49 | €106,130 | €766,972 | +€660,842 | +623% |
| Equity | 10/15 | €66,494 | €98,467 | +€31,973 | +48.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €58,055 | €58,055 | = | 0.0% |
| Distributable reserves | 133 | €58,055 | €58,055 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,939 | €37,912 | +€31,973 | +538% |
| Amounts payable | 17/49 | €39,636 | €668,505 | +€628,869 | +1,587% |
| Amounts payable after more than one year | 17 | €12,030 | €608,925 | +€596,895 | +4,962% |
| Financial debts | 170/4 | €12,030 | €608,925 | +€596,895 | +4,962% |
| Amounts payable within one year | 42/48 | €27,606 | €59,580 | +€31,974 | +116% |
| Current portion of amounts payable after more than one year | 42 | €8,071 | €28,466 | +€20,395 | +253% |
| Trade debts | 44 | €296 | €8,118 | +€7,823 | +2,644% |
| Suppliers | 440/4 | €296 | €8,118 | +€7,823 | +2,644% |
| Taxes, remuneration and social security | 45 | €13,365 | €19,046 | +€5,680 | +42.5% |
| Taxes | 450/3 | €13,365 | €19,046 | +€5,680 | +42.5% |
| Other amounts payable | 47/48 | €5,874 | €3,950 | -€1,924 | -32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,546 | €34,282 | +€24,736 | +259% |
| Other operating charges | 640/8 | €1,058 | €633 | -€425 | -40.2% |
| Gross operating margin | 9900 | €81,347 | €87,761 | +€6,414 | +7.9% |
| Operating profit (loss) | 9901 | €70,742 | €52,845 | -€17,897 | -25.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -96.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -96.7% |
| Financial charges | 65/66B | €1,344 | €8,471 | +€7,127 | +530% |
| Recurring financial charges | 65 | €1,344 | €8,471 | +€7,127 | +530% |
| Profit (loss) for the period before taxes | 9903 | €69,398 | €44,374 | -€25,024 | -36.1% |
| Income taxes | 67/77 | €23,782 | €12,401 | -€11,381 | -47.9% |
| Profit (loss) for the period | 9904 | €45,617 | €31,973 | -€13,644 | -29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,617 | €31,973 | -€13,644 | -29.9% |
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 20 October 2026 via checked.be.