JSW 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.
JSW CONSULTING
Largest movements
- Cash -€2,919
down €2,919 (-100%), from €2,919 to €0
mainly Debts after one year (-€26,140) and Tax, wage and social debts (-€10,971)
- Debts after one year -€26,140
down €26,140 (-38.6%), from €67,653 to €41,513
- Advances received +€17,190
new in 2025: €17,190
- Other debts +€12,253
up €12,253 (+1,966%), from €623 to €12,876
- Tax, wage and social debts -€10,971
down €10,971 (-41.2%), from €26,606 to €15,636
of which Taxes: -€11,524
- Short-term financial debts +€5,287
up €5,287, from €0 to €5,287
- Financial income -€20,042
down €20,042 (-100%), from €20,042 to €0
- Gross operating margin -€10,452
down €10,452 (-44.1%), from €23,717 to €13,265
- Depreciation +€4,024
up €4,024 (+272%), from €1,480 to €5,505
- Financial charges -€3,565
down €3,565 (-44.5%), from €8,014 to €4,449
- Taxes -€2,671
down €2,671 (-50.2%), from €5,319 to €2,648
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 | €192,328 | €193,017 | +€689 | +0.4% |
| Fixed assets | 21/28 | €185,805 | €187,085 | +€1,280 | +0.7% |
| Tangible fixed assets | 22/27 | €20,490 | €21,770 | +€1,280 | +6.2% |
| Plant, machinery and equipment | 23 | - | €2,992 | +€2,992 | |
| Furniture and vehicles | 24 | - | €2,056 | +€2,056 | |
| Other tangible fixed assets | 26 | €20,490 | €16,722 | -€3,768 | -18.4% |
| Financial fixed assets | 28 | €165,315 | €165,315 | = | 0.0% |
| Current assets | 29/58 | €6,523 | €5,932 | -€591 | -9.1% |
| Amounts receivable within one year | 40/41 | €3,603 | €4,185 | +€582 | +16.1% |
| Trade receivables | 40 | €3,291 | €3,990 | +€699 | +21.2% |
| Other amounts receivable | 41 | €312 | €195 | -€117 | -37.5% |
| Cash at bank and in hand | 54/58 | €2,919 | €0 | -€2,919 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | €1,747 | +€1,747 | |
| Total equity and liabilities | 10/49 | €192,328 | €193,017 | +€689 | +0.4% |
| Equity | 10/15 | €65,161 | €65,704 | +€543 | +0.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €62,161 | €62,704 | +€543 | +0.9% |
| Distributable reserves | 133 | €62,161 | €62,704 | +€543 | +0.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €127,167 | €127,312 | +€146 | +0.1% |
| Amounts payable after more than one year | 17 | €67,653 | €41,513 | -€26,140 | -38.6% |
| Financial debts | 170/4 | €67,653 | €41,513 | -€26,140 | -38.6% |
| Amounts payable within one year | 42/48 | €59,514 | €85,800 | +€26,286 | +44.2% |
| Current portion of amounts payable after more than one year | 42 | €24,976 | €26,140 | +€1,165 | +4.7% |
| Financial debts | 43 | €0 | €5,287 | +€5,287 | |
| Credit institutions | 430/8 | €0 | €5,287 | +€5,287 | |
| Trade debts | 44 | €7,308 | €8,670 | +€1,362 | +18.6% |
| Suppliers | 440/4 | €7,308 | €8,670 | +€1,362 | +18.6% |
| Advances received on contracts in progress | 46 | - | €17,190 | +€17,190 | |
| Taxes, remuneration and social security | 45 | €26,606 | €15,636 | -€10,971 | -41.2% |
| Taxes | 450/3 | €23,346 | €11,822 | -€11,524 | -49.4% |
| Remuneration and social security | 454/9 | €3,260 | €3,814 | +€554 | +17.0% |
| Other amounts payable | 47/48 | €623 | €12,876 | +€12,253 | +1,966% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,480 | €5,505 | +€4,024 | +272% |
| Other operating charges | 640/8 | €171 | €120 | -€51 | -29.8% |
| Gross operating margin | 9900 | €23,717 | €13,265 | -€10,452 | -44.1% |
| Operating profit (loss) | 9901 | €22,065 | €7,640 | -€14,425 | -65.4% |
| Financial income | 75/76B | €20,042 | €0 | -€20,042 | -100% |
| Recurring financial income | 75 | €20,042 | €0 | -€20,042 | -100% |
| Financial charges | 65/66B | €8,014 | €4,449 | -€3,565 | -44.5% |
| Recurring financial charges | 65 | €8,014 | €4,449 | -€3,565 | -44.5% |
| Profit (loss) for the period before taxes | 9903 | €34,094 | €3,191 | -€30,902 | -90.6% |
| Income taxes | 67/77 | €5,319 | €2,648 | -€2,671 | -50.2% |
| Profit (loss) for the period | 9904 | €28,775 | €543 | -€28,231 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,775 | €543 | -€28,231 | -98.1% |
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.