JPO Consult: what changed
JPO Consult
Largest movements
- Tangible fixed assets -€22,822
down €22,822 (-17.8%), from €127,954 to €105,132
of which Furniture and vehicles: -€19,084
- Cash -€17,252
down €17,252 (-6.1%), from €284,696 to €267,444
mainly Contributions, distributions and other (-€117,547) and Accrued charges and deferred income (-€82,405)
- Other debts +€103,995
up €103,995 (+41.8%), from €248,847 to €352,842
- Accrued charges and deferred income -€82,405
down €82,405 (-94.4%), from €87,306 to €4,901
- Reserves -€35,948
down €35,948 (-100%), from €35,948 to €0
of which Distributable reserves: -€35,948
- Tax, wage and social debts -€24,918
down €24,918 (-88.3%), from €28,217 to €3,299
- Gross operating margin -€98,263
down €98,263 (-41.3%), from €237,831 to €139,568
- Taxes -€23,530
down €23,530 (-43.6%), from €53,959 to €30,430
- Depreciation +€14,224
up €14,224 (+165%), from €8,598 to €22,822
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €433,307 | €392,074 | -€41,232 | -9.5% |
| Fixed assets | 21/28 | €127,954 | €105,132 | -€22,822 | -17.8% |
| Tangible fixed assets | 22/27 | €127,954 | €105,132 | -€22,822 | -17.8% |
| Furniture and vehicles | 24 | €88,977 | €69,894 | -€19,084 | -21.4% |
| Other tangible fixed assets | 26 | €38,977 | €35,239 | -€3,738 | -9.6% |
| Current assets | 29/58 | €305,352 | €286,942 | -€18,410 | -6.0% |
| Amounts receivable within one year | 40/41 | €19,510 | €17,600 | -€1,911 | -9.8% |
| Trade receivables | 40 | €13,179 | €17,125 | +€3,946 | +29.9% |
| Other amounts receivable | 41 | €6,331 | €474 | -€5,857 | -92.5% |
| Cash at bank and in hand | 54/58 | €284,696 | €267,444 | -€17,252 | -6.1% |
| Deferred charges and accrued income | 490/1 | €1,146 | €1,899 | +€752 | +65.6% |
| Total equity and liabilities | 10/49 | €433,307 | €392,074 | -€41,232 | -9.5% |
| Equity | 10/15 | €54,548 | €18,600 | -€35,948 | -65.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,948 | €0 | -€35,948 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €35,948 | €0 | -€35,948 | -100% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €378,758 | €373,474 | -€5,284 | -1.4% |
| Amounts payable within one year | 42/48 | €291,452 | €368,573 | +€77,121 | +26.5% |
| Trade debts | 44 | €14,389 | €12,432 | -€1,957 | -13.6% |
| Suppliers | 440/4 | €14,389 | €12,432 | -€1,957 | -13.6% |
| Taxes, remuneration and social security | 45 | €28,217 | €3,299 | -€24,918 | -88.3% |
| Taxes | 450/3 | €28,217 | €3,299 | -€24,918 | -88.3% |
| Other amounts payable | 47/48 | €248,847 | €352,842 | +€103,995 | +41.8% |
| Accrued charges and deferred income | 492/3 | €87,306 | €4,901 | -€82,405 | -94.4% |
| Non-recurring operating income | 76A | €6,200 | €0 | -€6,200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,598 | €22,822 | +€14,224 | +165% |
| Other operating charges | 640/8 | €1,271 | €1,167 | -€103 | -8.1% |
| Non-recurring operating charges | 66A | €11,736 | €0 | -€11,736 | -100% |
| Gross operating margin | 9900 | €237,831 | €139,568 | -€98,263 | -41.3% |
| Operating profit (loss) | 9901 | €216,227 | €115,579 | -€100,648 | -46.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,842 | €3,551 | +€1,709 | +92.8% |
| Recurring financial charges | 65 | €1,842 | €3,551 | +€1,709 | +92.8% |
| Profit (loss) for the period before taxes | 9903 | €214,385 | €112,028 | -€102,356 | -47.7% |
| Income taxes | 67/77 | €53,959 | €30,430 | -€23,530 | -43.6% |
| Profit (loss) for the period | 9904 | €160,425 | €81,599 | -€78,827 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €160,425 | €81,599 | -€78,827 | -49.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.