JPM CONSEILS: 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.
JPM CONSEILS
Largest movements
- Current investments +€105,000
new in 2025: €105,000
- Cash -€19,318
down €19,318 (-42.6%), from €45,400 to €26,081
mainly Current investments (-€105,000) and Tax, wage and social debts (-€34,687)
- Tangible fixed assets -€13,865
down €13,865 (-26.7%), from €51,835 to €37,970
- Receivables within one year -€5,255
down €5,255 (-5.3%), from €99,951 to €94,696
of which Other amounts receivable: -€29,287
- Profit (loss) carried forward +€113,364
up €113,364 (+96.7%), from €117,186 to €230,551
- Tax, wage and social debts -€34,687
no longer reported in 2025 (was €34,687)
- Debts after one year -€11,055
down €11,055 (-34.0%), from €32,493 to €21,437
- Gross operating margin +€44,943
up €44,943 (+37.9%), from €118,522 to €163,464
- Taxes +€12,510
up €12,510 (+57.4%), from €21,777 to €34,287
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.
Cash bridge derived
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 | €202,081 | €268,854 | +€66,773 | +33.0% |
| Fixed assets | 21/28 | €53,701 | €39,835 | -€13,865 | -25.8% |
| Tangible fixed assets | 22/27 | €51,835 | €37,970 | -€13,865 | -26.7% |
| Furniture and vehicles | 24 | €51,835 | €37,970 | -€13,865 | -26.7% |
| Financial fixed assets | 28 | €1,865 | €1,865 | = | 0.0% |
| Current assets | 29/58 | €148,380 | €229,019 | +€80,639 | +54.3% |
| Amounts receivable within one year | 40/41 | €99,951 | €94,696 | -€5,255 | -5.3% |
| Trade receivables | 40 | €69,951 | €93,983 | +€24,032 | +34.4% |
| Other amounts receivable | 41 | €30,000 | €713 | -€29,287 | -97.6% |
| Current investments | 50/53 | - | €105,000 | +€105,000 | |
| Cash at bank and in hand | 54/58 | €45,400 | €26,081 | -€19,318 | -42.6% |
| Deferred charges and accrued income | 490/1 | €3,030 | €3,241 | +€212 | +7.0% |
| Total equity and liabilities | 10/49 | €202,081 | €268,854 | +€66,773 | +33.0% |
| Equity | 10/15 | €119,686 | €233,051 | +€113,364 | +94.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €117,186 | €230,551 | +€113,364 | +96.7% |
| Amounts payable | 17/49 | €82,395 | €35,804 | -€46,591 | -56.5% |
| Amounts payable after more than one year | 17 | €32,493 | €21,437 | -€11,055 | -34.0% |
| Financial debts | 170/4 | €32,493 | €21,437 | -€11,055 | -34.0% |
| Amounts payable within one year | 42/48 | €49,902 | €14,367 | -€35,535 | -71.2% |
| Current portion of amounts payable after more than one year | 42 | €10,627 | €11,055 | +€428 | +4.0% |
| Trade debts | 44 | €2,129 | €1,994 | -€135 | -6.3% |
| Suppliers | 440/4 | €2,129 | €1,994 | -€135 | -6.3% |
| Taxes, remuneration and social security | 45 | €34,687 | - | -€34,687 | |
| Taxes | 450/3 | €34,687 | - | -€34,687 | |
| Other amounts payable | 47/48 | €2,459 | €1,317 | -€1,142 | -46.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,452 | €13,865 | +€1,413 | +11.3% |
| Other operating charges | 640/8 | €1,845 | €931 | -€914 | -49.5% |
| Gross operating margin | 9900 | €118,522 | €163,464 | +€44,943 | +37.9% |
| Operating profit (loss) | 9901 | €104,225 | €148,668 | +€44,443 | +42.6% |
| Financial income | 75/76B | €3 | €674 | +€671 | +24416.4% |
| Recurring financial income | 75 | €3 | €674 | +€671 | +24416.4% |
| Financial charges | 65/66B | €2,063 | €1,691 | -€372 | -18.0% |
| Recurring financial charges | 65 | €2,063 | €1,691 | -€372 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €102,165 | €147,651 | +€45,487 | +44.5% |
| Income taxes | 67/77 | €21,777 | €34,287 | +€12,510 | +57.4% |
| Profit (loss) for the period | 9904 | €80,388 | €113,364 | +€32,977 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €80,388 | €113,364 | +€32,977 | +41.0% |
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 11 October 2026 via checked.be.