JMG 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.
JMG Consulting
Largest movements
- Cash +€34,931
up €34,931 (+30.6%), from €114,020 to €148,950
mainly Net result for the year (+€150,774) and Other debts (+€68,000)
- Receivables within one year -€24,255
down €24,255 (-53.1%), from €45,696 to €21,441
of which Trade receivables: -€23,947
- Tangible fixed assets -€9,329
down €9,329 (-48.8%), from €19,106 to €9,777
- Profit (loss) carried forward -€129,226
down €129,226 (-95.0%), from €135,999 to €6,773
- Other debts +€68,000
new in 2025: €68,000
- Tax, wage and social debts +€62,671
up €62,671 (+146%), from €42,836 to €105,508
- Gross operating margin +€23,742
up €23,742 (+12.4%), from €191,296 to €215,039
- Taxes +€10,835
up €10,835 (+27.2%), from €39,836 to €50,671
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 | €179,893 | €181,281 | +€1,388 | +0.8% |
| Fixed assets | 21/28 | €19,106 | €9,777 | -€9,329 | -48.8% |
| Tangible fixed assets | 22/27 | €19,106 | €9,777 | -€9,329 | -48.8% |
| Furniture and vehicles | 24 | €19,106 | €9,777 | -€9,329 | -48.8% |
| Current assets | 29/58 | €160,787 | €171,504 | +€10,717 | +6.7% |
| Amounts receivable within one year | 40/41 | €45,696 | €21,441 | -€24,255 | -53.1% |
| Trade receivables | 40 | €44,735 | €20,787 | -€23,947 | -53.5% |
| Other amounts receivable | 41 | €961 | €653 | -€308 | -32.0% |
| Cash at bank and in hand | 54/58 | €114,020 | €148,950 | +€34,931 | +30.6% |
| Deferred charges and accrued income | 490/1 | €1,071 | €1,113 | +€41 | +3.8% |
| Total equity and liabilities | 10/49 | €179,893 | €181,281 | +€1,388 | +0.8% |
| Equity | 10/15 | €136,999 | €7,773 | -€129,226 | -94.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,999 | €6,773 | -€129,226 | -95.0% |
| Amounts payable | 17/49 | €42,894 | €173,508 | +€130,614 | +305% |
| Amounts payable within one year | 42/48 | €42,894 | €173,508 | +€130,614 | +305% |
| Trade debts | 44 | €58 | - | -€58 | |
| Suppliers | 440/4 | €58 | - | -€58 | |
| Taxes, remuneration and social security | 45 | €42,836 | €105,508 | +€62,671 | +146% |
| Taxes | 450/3 | €42,836 | €105,508 | +€62,671 | +146% |
| Other amounts payable | 47/48 | - | €68,000 | +€68,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,189 | €12,486 | +€297 | +2.4% |
| Other operating charges | 640/8 | €694 | €987 | +€293 | +42.2% |
| Gross operating margin | 9900 | €191,296 | €215,039 | +€23,742 | +12.4% |
| Operating profit (loss) | 9901 | €178,413 | €201,566 | +€23,153 | +13.0% |
| Financial charges | 65/66B | €71 | €120 | +€49 | +68.5% |
| Recurring financial charges | 65 | €71 | €120 | +€49 | +68.5% |
| Profit (loss) for the period before taxes | 9903 | €178,341 | €201,445 | +€23,104 | +13.0% |
| Income taxes | 67/77 | €39,836 | €50,671 | +€10,835 | +27.2% |
| Profit (loss) for the period | 9904 | €138,505 | €150,774 | +€12,269 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,505 | €150,774 | +€12,269 | +8.9% |
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 14 October 2026 via checked.be.