JPF 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.
JPF CONSULTING
Largest movements
- Receivables within one year +€20,204
up €20,204 (+42.0%), from €48,152 to €68,355
of which Trade receivables: +€11,098
- Cash -€19,960
down €19,960 (-53.4%), from €37,351 to €17,391
mainly Receivables within one year (-€20,204) and Current portion of long-term debt (-€15,000)
- Tangible fixed assets +€4,401
up €4,401 (+56.9%), from €7,728 to €12,129
- Reserves +€19,500
up €19,500 (+126%), from €15,445 to €34,945
of which Distributable reserves: +€19,500
- Current portion of long-term debt -€15,000
down €15,000 (-73.0%), from €20,560 to €5,560
- Other debts -€6,877
down €6,877 (-76.9%), from €8,938 to €2,061
- Tax, wage and social debts +€5,295
up €5,295 (+36.3%), from €14,601 to €19,896
of which Taxes: +€5,749
- Trade debts +€2,634
up €2,634 (+110%), from €2,390 to €5,024
- Staff costs -€31,487
down €31,487 (-23.6%), from €133,207 to €101,721
- Gross operating margin -€26,751
down €26,751 (-16.3%), from €164,372 to €137,621
- Taxes +€2,194
up €2,194 (+25.4%), from €8,651 to €10,846
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 | €93,747 | €99,140 | +€5,394 | +5.8% |
| Fixed assets | 21/28 | €7,753 | €12,154 | +€4,401 | +56.8% |
| Tangible fixed assets | 22/27 | €7,728 | €12,129 | +€4,401 | +56.9% |
| Other tangible fixed assets | 26 | €7,728 | €12,129 | +€4,401 | +56.9% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €85,993 | €86,986 | +€993 | +1.2% |
| Amounts receivable within one year | 40/41 | €48,152 | €68,355 | +€20,204 | +42.0% |
| Trade receivables | 40 | €41,803 | €52,901 | +€11,098 | +26.5% |
| Other amounts receivable | 41 | €6,349 | €15,455 | +€9,106 | +143% |
| Cash at bank and in hand | 54/58 | €37,351 | €17,391 | -€19,960 | -53.4% |
| Deferred charges and accrued income | 490/1 | €491 | €1,240 | +€750 | +153% |
| Total equity and liabilities | 10/49 | €93,747 | €99,140 | +€5,394 | +5.8% |
| Equity | 10/15 | €46,108 | €65,684 | +€19,576 | +42.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,445 | €34,945 | +€19,500 | +126% |
| Non-distributable reserves | 130/1 | €445 | €445 | = | 0.0% |
| Reserves not available under the articles | 1311 | €445 | €445 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €34,500 | +€19,500 | +130% |
| Profit (loss) carried forward | 14 | €12,063 | €12,139 | +€76 | +0.6% |
| Amounts payable | 17/49 | €47,639 | €33,456 | -€14,183 | -29.8% |
| Amounts payable within one year | 42/48 | €46,489 | €32,541 | -€13,948 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €20,560 | €5,560 | -€15,000 | -73.0% |
| Trade debts | 44 | €2,390 | €5,024 | +€2,634 | +110% |
| Suppliers | 440/4 | €2,390 | €5,024 | +€2,634 | +110% |
| Taxes, remuneration and social security | 45 | €14,601 | €19,896 | +€5,295 | +36.3% |
| Taxes | 450/3 | €1,090 | €6,839 | +€5,749 | +527% |
| Remuneration and social security | 454/9 | €13,511 | €13,058 | -€453 | -3.4% |
| Other amounts payable | 47/48 | €8,938 | €2,061 | -€6,877 | -76.9% |
| Accrued charges and deferred income | 492/3 | €1,150 | €915 | -€235 | -20.4% |
| Remuneration, social security and pensions | 62 | €133,207 | €101,721 | -€31,487 | -23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,342 | €3,002 | -€1,339 | -30.8% |
| Other operating charges | 640/8 | €387 | €794 | +€406 | +105% |
| Gross operating margin | 9900 | €164,372 | €137,621 | -€26,751 | -16.3% |
| Operating profit (loss) | 9901 | €26,436 | €32,104 | +€5,668 | +21.4% |
| Financial income | 75/76B | €58 | €419 | +€360 | +618% |
| Recurring financial income | 75 | €58 | €419 | +€360 | +618% |
| Financial charges | 65/66B | €2,232 | €2,101 | -€131 | -5.9% |
| Recurring financial charges | 65 | €2,232 | €2,101 | -€131 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €24,262 | €30,422 | +€6,160 | +25.4% |
| Income taxes | 67/77 | €8,651 | €10,846 | +€2,194 | +25.4% |
| Profit (loss) for the period | 9904 | €15,611 | €19,576 | +€3,965 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,611 | €19,576 | +€3,965 | +25.4% |
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 18 October 2026 via checked.be.