JoKef 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.
JoKef Consulting
Largest movements
- Cash -€34,185
down €34,185 (-70.4%), from €48,555 to €14,370
mainly Other debts (-€24,598) and Debts after one year (-€10,000)
- Tangible fixed assets +€3,136
up €3,136 (+58.6%), from €5,352 to €8,487
- Deferred charges and accrued income -€2,029
down €2,029 (-91.0%), from €2,229 to €201
- Receivables within one year -€1,480
down €1,480 (-10.6%), from €13,993 to €12,513
of which Trade receivables: -€1,513
- Other debts -€24,598
down €24,598 (-60.6%), from €40,579 to €15,981
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Current portion of long-term debt +€10,000
new in 2025: €10,000
- Tax, wage and social debts -€9,200
down €9,200 (-56.2%), from €16,374 to €7,174
of which Taxes: -€7,553
- Trade debts -€1,210
down €1,210 (-55.6%), from €2,175 to €965
- Gross operating margin -€30,664
down €30,664 (-58.0%), from €52,824 to €22,161
- Taxes -€4,130
down €4,130 (-36.2%), from €11,420 to €7,289
- Depreciation +€1,198
up €1,198 (+56.8%), from €2,111 to €3,309
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 | €70,128 | €35,571 | -€34,557 | -49.3% |
| Fixed assets | 21/28 | €5,352 | €8,487 | +€3,136 | +58.6% |
| Tangible fixed assets | 22/27 | €5,352 | €8,487 | +€3,136 | +58.6% |
| Plant, machinery and equipment | 23 | - | €1,471 | +€1,471 | |
| Furniture and vehicles | 24 | €4,071 | €4,636 | +€565 | +13.9% |
| Other tangible fixed assets | 26 | €1,281 | €2,380 | +€1,099 | +85.8% |
| Current assets | 29/58 | €64,777 | €27,084 | -€37,693 | -58.2% |
| Amounts receivable within one year | 40/41 | €13,993 | €12,513 | -€1,480 | -10.6% |
| Trade receivables | 40 | €13,613 | €12,100 | -€1,513 | -11.1% |
| Other amounts receivable | 41 | €381 | €413 | +€33 | +8.5% |
| Cash at bank and in hand | 54/58 | €48,555 | €14,370 | -€34,185 | -70.4% |
| Deferred charges and accrued income | 490/1 | €2,229 | €201 | -€2,029 | -91.0% |
| Total equity and liabilities | 10/49 | €70,128 | €35,571 | -€34,557 | -49.3% |
| Equity | 10/15 | €1,000 | €1,000 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,128 | €34,571 | -€34,557 | -50.0% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €59,128 | €34,571 | -€24,557 | -41.5% |
| Current portion of amounts payable after more than one year | 42 | - | €10,000 | +€10,000 | |
| Financial debts | 43 | - | €451 | +€451 | |
| Credit institutions | 430/8 | - | €451 | +€451 | |
| Trade debts | 44 | €2,175 | €965 | -€1,210 | -55.6% |
| Suppliers | 440/4 | €2,175 | €965 | -€1,210 | -55.6% |
| Taxes, remuneration and social security | 45 | €16,374 | €7,174 | -€9,200 | -56.2% |
| Taxes | 450/3 | €14,727 | €7,174 | -€7,553 | -51.3% |
| Remuneration and social security | 454/9 | €1,647 | €0 | -€1,647 | -100% |
| Other amounts payable | 47/48 | €40,579 | €15,981 | -€24,598 | -60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,111 | €3,309 | +€1,198 | +56.8% |
| Other operating charges | 640/8 | €1,589 | €1,279 | -€311 | -19.5% |
| Gross operating margin | 9900 | €52,824 | €22,161 | -€30,664 | -58.0% |
| Operating profit (loss) | 9901 | €49,124 | €17,573 | -€31,551 | -64.2% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €1,453 | €1,235 | -€218 | -15.0% |
| Recurring financial charges | 65 | €1,453 | €1,235 | -€218 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €47,676 | €16,338 | -€31,338 | -65.7% |
| Income taxes | 67/77 | €11,420 | €7,289 | -€4,130 | -36.2% |
| Profit (loss) for the period | 9904 | €36,257 | €9,049 | -€27,208 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,257 | €9,049 | -€27,208 | -75.0% |
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 24 October 2026 via checked.be.