JND 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.
JND CONSULTING
Largest movements
- Cash +€170,741
up €170,741 (+53.0%), from €321,949 to €492,690
mainly Net result for the year (+€430,154) and Depreciation (+€210,241)
- Tangible fixed assets -€81,599
down €81,599 (-5.6%), from €1.4m to €1.4m
- Intangible fixed assets -€60,000
down €60,000 (-33.4%), from €179,507 to €119,507
- Reserves +€296,470
up €296,470 (+31.7%), from €935,156 to €1.2m
of which Distributable reserves: +€199,811
- Short-term financial debts -€200,000
down €200,000 (-100%), from €200,000 to €0
- Debts after one year -€111,737
down €111,737 (-24.0%), from €466,173 to €354,436
of which Financial debts: -€102,964
- Tax, wage and social debts +€45,689
up €45,689 (+84.7%), from €53,964 to €99,653
of which Taxes: +€43,382
- Provisions +€30,840
up €30,840 (+86.5%), from €35,647 to €66,486
- Gross operating margin +€424,187
up €424,187 (+87.9%), from €482,686 to €906,873
- Taxes +€75,258
up €75,258 (+86.1%), from €87,367 to €162,625
- Staff costs +€14,615
up €14,615 (+250%), from €5,844 to €20,459
- Financial charges +€12,364
up €12,364 (+77.4%), from €15,978 to €28,342
- Other operating charges +€11,411
up €11,411 (+72.2%), from €15,814 to €27,224
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 | €1,975,576 | €2,002,910 | +€27,334 | +1.4% |
| Fixed assets | 21/28 | €1,624,319 | €1,482,721 | -€141,599 | -8.7% |
| Intangible fixed assets | 21 | €179,507 | €119,507 | -€60,000 | -33.4% |
| Tangible fixed assets | 22/27 | €1,444,813 | €1,363,214 | -€81,599 | -5.6% |
| Land and buildings | 22 | €1,319,895 | €1,284,255 | -€35,640 | -2.7% |
| Plant, machinery and equipment | 23 | €4,231 | €3,035 | -€1,196 | -28.3% |
| Furniture and vehicles | 24 | €104,373 | €70,772 | -€33,600 | -32.2% |
| Other tangible fixed assets | 26 | €16,315 | €5,152 | -€11,163 | -68.4% |
| Current assets | 29/58 | €351,256 | €520,189 | +€168,933 | +48.1% |
| Amounts receivable within one year | 40/41 | €24,424 | €21,690 | -€2,734 | -11.2% |
| Trade receivables | 40 | €23,710 | €16,660 | -€7,051 | -29.7% |
| Other amounts receivable | 41 | €713 | €5,030 | +€4,317 | +605% |
| Cash at bank and in hand | 54/58 | €321,949 | €492,690 | +€170,741 | +53.0% |
| Deferred charges and accrued income | 490/1 | €4,884 | €5,809 | +€925 | +18.9% |
| Total equity and liabilities | 10/49 | €1,975,576 | €2,002,910 | +€27,334 | +1.4% |
| Equity | 10/15 | €1,139,756 | €1,436,226 | +€296,470 | +26.0% |
| Contributions | 10/11 | €204,600 | €204,600 | = | 0.0% |
| Reserves | 13 | €935,156 | €1,231,626 | +€296,470 | +31.7% |
| Tax-exempt reserves | 132 | €77,354 | €174,012 | +€96,659 | +125% |
| Distributable reserves | 133 | €857,802 | €1,057,614 | +€199,811 | +23.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €35,647 | €66,486 | +€30,840 | +86.5% |
| Deferred taxes | 168 | €35,647 | €66,486 | +€30,840 | +86.5% |
| Amounts payable | 17/49 | €800,173 | €500,198 | -€299,976 | -37.5% |
| Amounts payable after more than one year | 17 | €466,173 | €354,436 | -€111,737 | -24.0% |
| Financial debts | 170/4 | €357,401 | €254,436 | -€102,964 | -28.8% |
| Other amounts payable | 178/9 | €108,772 | €100,000 | -€8,772 | -8.1% |
| Amounts payable within one year | 42/48 | €333,690 | €145,761 | -€187,928 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | €52,695 | €40,263 | -€12,433 | -23.6% |
| Financial debts | 43 | €200,000 | €0 | -€200,000 | -100% |
| Credit institutions | 430/8 | €200,000 | €0 | -€200,000 | -100% |
| Trade debts | 44 | €27,030 | €5,845 | -€21,185 | -78.4% |
| Suppliers | 440/4 | €27,030 | €5,845 | -€21,185 | -78.4% |
| Taxes, remuneration and social security | 45 | €53,964 | €99,653 | +€45,689 | +84.7% |
| Taxes | 450/3 | €52,642 | €96,023 | +€43,382 | +82.4% |
| Remuneration and social security | 454/9 | €1,323 | €3,630 | +€2,308 | +174% |
| Accrued charges and deferred income | 492/3 | €311 | €0 | -€311 | -100% |
| Remuneration, social security and pensions | 62 | €5,844 | €20,459 | +€14,615 | +250% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203,857 | €210,241 | +€6,384 | +3.1% |
| Other operating charges | 640/8 | €15,814 | €27,224 | +€11,411 | +72.2% |
| Gross operating margin | 9900 | €482,686 | €906,873 | +€424,187 | +87.9% |
| Operating profit (loss) | 9901 | €257,172 | €648,950 | +€391,778 | +152% |
| Financial income | 75/76B | €469 | €3,011 | +€2,542 | +542% |
| Recurring financial income | 75 | €469 | €3,011 | +€2,542 | +542% |
| Financial charges | 65/66B | €15,978 | €28,342 | +€12,364 | +77.4% |
| Recurring financial charges | 65 | €15,978 | €28,342 | +€12,364 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | €241,663 | €623,619 | +€381,956 | +158% |
| Transfer from deferred taxes | 780 | €4,870 | €7,519 | +€2,649 | +54.4% |
| Transfer to deferred taxes | 680 | - | €38,358 | +€38,358 | |
| Income taxes | 67/77 | €87,367 | €162,625 | +€75,258 | +86.1% |
| Profit (loss) for the period | 9904 | €159,165 | €430,154 | +€270,989 | +170% |
| Transfer from tax-exempt reserves | 789 | €10,218 | €18,417 | +€8,199 | +80.2% |
| Transfer to tax-exempt reserves | 689 | - | €115,075 | +€115,075 | |
| Profit (loss) for the period to be appropriated | 9905 | €169,383 | €333,496 | +€164,113 | +96.9% |
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.