JMD 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.
JMD CONSULTING
Largest movements
- Cash -€8,219
down €8,219 (-5.5%), from €149,721 to €141,502
mainly Debts after one year (-€18,676) and Receivables within one year (-€1,408)
- Tangible fixed assets -€7,046
down €7,046 (-4.0%), from €176,146 to €169,100
of which Land and buildings: -€7,046
- Debts after one year -€18,676
down €18,676 (-21.4%), from €87,383 to €68,708
- Gross operating margin -€1,776
down €1,776 (-9.8%), from €18,165 to €16,390
- Taxes -€1,529
down €1,529 (-51.2%), from €2,984 to €1,455
- Depreciation -€1,249
down €1,249 (-15.1%), from €8,295 to €7,046
- Financial charges +€1,198
up €1,198 (+86.7%), from €1,382 to €2,580
- Other operating charges +€964
up €964 (+63.8%), from €1,512 to €2,477
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 | €445,149 | €431,292 | -€13,857 | -3.1% |
| Fixed assets | 21/28 | €204,646 | €197,600 | -€7,046 | -3.4% |
| Tangible fixed assets | 22/27 | €176,146 | €169,100 | -€7,046 | -4.0% |
| Land and buildings | 22 | €176,146 | €169,100 | -€7,046 | -4.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €28,500 | €28,500 | = | 0.0% |
| Current assets | 29/58 | €240,503 | €233,691 | -€6,811 | -2.8% |
| Amounts receivable within one year | 40/41 | €90,782 | €92,189 | +€1,408 | +1.6% |
| Trade receivables | 40 | €59,729 | €59,729 | = | 0.0% |
| Other amounts receivable | 41 | €31,053 | €32,461 | +€1,408 | +4.5% |
| Cash at bank and in hand | 54/58 | €149,721 | €141,502 | -€8,219 | -5.5% |
| Total equity and liabilities | 10/49 | €445,149 | €431,292 | -€13,857 | -3.1% |
| Equity | 10/15 | €335,158 | €338,941 | +€3,783 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €286,904 | €289,812 | +€2,908 | +1.0% |
| 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 | €285,044 | €287,952 | +€2,908 | +1.0% |
| Profit (loss) carried forward | 14 | €42,054 | €42,929 | +€875 | +2.1% |
| Amounts payable | 17/49 | €109,991 | €92,351 | -€17,640 | -16.0% |
| Amounts payable after more than one year | 17 | €87,383 | €68,708 | -€18,676 | -21.4% |
| Financial debts | 170/4 | €87,383 | €68,708 | -€18,676 | -21.4% |
| Amounts payable within one year | 42/48 | €22,608 | €23,643 | +€1,036 | +4.6% |
| Current portion of amounts payable after more than one year | 42 | €15,411 | €17,257 | +€1,846 | +12.0% |
| Trade debts | 44 | - | €1,203 | +€1,203 | |
| Suppliers | 440/4 | - | €1,203 | +€1,203 | |
| Taxes, remuneration and social security | 45 | €5,578 | €4,440 | -€1,139 | -20.4% |
| Taxes | 450/3 | €5,578 | €4,440 | -€1,139 | -20.4% |
| Other amounts payable | 47/48 | €1,618 | €743 | -€875 | -54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,295 | €7,046 | -€1,249 | -15.1% |
| Other operating charges | 640/8 | €1,512 | €2,477 | +€964 | +63.8% |
| Gross operating margin | 9900 | €18,165 | €16,390 | -€1,776 | -9.8% |
| Operating profit (loss) | 9901 | €8,358 | €6,867 | -€1,491 | -17.8% |
| Financial income | 75/76B | €1,837 | €951 | -€885 | -48.2% |
| Recurring financial income | 75 | €1,837 | €951 | -€885 | -48.2% |
| Financial charges | 65/66B | €1,382 | €2,580 | +€1,198 | +86.7% |
| Recurring financial charges | 65 | €1,382 | €2,580 | +€1,198 | +86.7% |
| Profit (loss) for the period before taxes | 9903 | €8,813 | €5,238 | -€3,574 | -40.6% |
| Income taxes | 67/77 | €2,984 | €1,455 | -€1,529 | -51.2% |
| Profit (loss) for the period | 9904 | €5,828 | €3,783 | -€2,045 | -35.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,828 | €3,783 | -€2,045 | -35.1% |
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 19 October 2026 via checked.be.