JSM Consultancy: 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.
JSM Consultancy
Largest movements
- Cash +€131,710
up €131,710 (+172%), from €76,478 to €208,188
mainly Net result for the year (+€85,977) and Current investments (+€20,000)
- Current investments -€20,000
down €20,000 (-19.7%), from €101,630 to €81,630
- Receivables within one year -€17,798
down €17,798 (-48.4%), from €36,791 to €18,993
of which Trade receivables: -€19,362
- Reserves +€85,977
up €85,977 (+47.0%), from €182,891 to €268,868
- Tax, wage and social debts +€7,609
up €7,609 (+28.6%), from €26,572 to €34,181
- Gross operating margin +€10,185
up €10,185 (+10.2%), from €99,582 to €109,767
- Financial charges -€3,352
down €3,352 (-93.4%), from €3,589 to €237
- Taxes +€2,026
up €2,026 (+9.1%), from €22,146 to €24,172
- Financial income -€1,233
down €1,233 (-33.7%), from €3,659 to €2,426
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 | €218,019 | €311,286 | +€93,267 | +42.8% |
| Fixed assets | 21/28 | €1,433 | €964 | -€470 | -32.8% |
| Tangible fixed assets | 22/27 | €1,433 | €964 | -€470 | -32.8% |
| Furniture and vehicles | 24 | €1,433 | €964 | -€470 | -32.8% |
| Current assets | 29/58 | €216,586 | €310,322 | +€93,737 | +43.3% |
| Amounts receivable within one year | 40/41 | €36,791 | €18,993 | -€17,798 | -48.4% |
| Trade receivables | 40 | €36,791 | €17,428 | -€19,362 | -52.6% |
| Other amounts receivable | 41 | - | €1,565 | +€1,565 | |
| Current investments | 50/53 | €101,630 | €81,630 | -€20,000 | -19.7% |
| Cash at bank and in hand | 54/58 | €76,478 | €208,188 | +€131,710 | +172% |
| Deferred charges and accrued income | 490/1 | €1,688 | €1,512 | -€176 | -10.4% |
| Total equity and liabilities | 10/49 | €218,019 | €311,286 | +€93,267 | +42.8% |
| Equity | 10/15 | €187,891 | €273,868 | +€85,977 | +45.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €182,891 | €268,868 | +€85,977 | +47.0% |
| Distributable reserves | 133 | €182,891 | €268,868 | +€85,977 | +47.0% |
| Amounts payable | 17/49 | €30,128 | €37,418 | +€7,290 | +24.2% |
| Amounts payable within one year | 42/48 | €28,378 | €35,564 | +€7,185 | +25.3% |
| Trade debts | 44 | €795 | €1,382 | +€588 | +73.9% |
| Suppliers | 440/4 | €795 | €1,382 | +€588 | +73.9% |
| Taxes, remuneration and social security | 45 | €26,572 | €34,181 | +€7,609 | +28.6% |
| Taxes | 450/3 | €26,572 | €34,181 | +€7,609 | +28.6% |
| Other amounts payable | 47/48 | €1,012 | - | -€1,012 | |
| Accrued charges and deferred income | 492/3 | €1,750 | €1,854 | +€104 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,032 | €1,130 | +€98 | +9.5% |
| Other operating charges | 640/8 | €464 | €614 | +€150 | +32.4% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €99,582 | €109,767 | +€10,185 | +10.2% |
| Operating profit (loss) | 9901 | €98,087 | €107,960 | +€9,873 | +10.1% |
| Financial income | 75/76B | €3,659 | €2,426 | -€1,233 | -33.7% |
| Recurring financial income | 75 | €3,659 | €2,426 | -€1,233 | -33.7% |
| Financial charges | 65/66B | €3,589 | €237 | -€3,352 | -93.4% |
| Recurring financial charges | 65 | €3,589 | €237 | -€3,352 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €98,157 | €110,149 | +€11,992 | +12.2% |
| Income taxes | 67/77 | €22,146 | €24,172 | +€2,026 | +9.1% |
| Profit (loss) for the period | 9904 | €76,011 | €85,977 | +€9,966 | +13.1% |
| Profit (loss) for the period to be appropriated | 9905 | €76,011 | €85,977 | +€9,966 | +13.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.