JT CONSULT: 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.
JT CONSULT
Largest movements
- Financial fixed assets -€503,000
down €503,000 (-13.4%), from €3.7m to €3.2m
- Receivables within one year +€434,098
up €434,098 (+42.3%), from €1.0m to €1.5m
- Other debts -€1.0m
down €1.0m (-100%), from €1.0m to €0
- Reserves +€981,916
up €981,916 (+25.8%), from €3.8m to €4.8m
of which Distributable reserves: +€981,916
- Financial income +€50,590
up €50,590 (+30.0%), from €168,401 to €218,991
- Taxes -€10,949
down €10,949 (-25.3%), from €43,282 to €32,334
- Depreciation -€333
down €333 (-8.6%), from €3,884 to €3,550
- Gross operating margin +€79
up €79 (+47.5%), from -€167 to -€88
- Financial charges -€40
down €40 (-27.6%), from €144 to €104
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 | €4,869,466 | €4,803,521 | -€65,945 | -1.4% |
| Fixed assets | 21/28 | €3,757,970 | €3,251,420 | -€506,550 | -13.5% |
| Intangible fixed assets | 21 | €667 | €0 | -€667 | -100% |
| Tangible fixed assets | 22/27 | €12,654 | €9,771 | -€2,884 | -22.8% |
| Furniture and vehicles | 24 | €2,159 | €1,201 | -€958 | -44.4% |
| Other tangible fixed assets | 26 | €10,495 | €8,570 | -€1,926 | -18.3% |
| Financial fixed assets | 28 | €3,744,649 | €3,241,649 | -€503,000 | -13.4% |
| Current assets | 29/58 | €1,111,496 | €1,552,102 | +€440,605 | +39.6% |
| Amounts receivable within one year | 40/41 | €1,025,951 | €1,460,049 | +€434,098 | +42.3% |
| Other amounts receivable | 41 | €1,025,951 | €1,460,049 | +€434,098 | +42.3% |
| Cash at bank and in hand | 54/58 | €1,445 | €22,610 | +€21,165 | +1,464% |
| Deferred charges and accrued income | 490/1 | €84,100 | €69,442 | -€14,658 | -17.4% |
| Total equity and liabilities | 10/49 | €4,869,466 | €4,803,521 | -€65,945 | -1.4% |
| Equity | 10/15 | €3,821,184 | €4,803,100 | +€981,916 | +25.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €3,802,584 | €4,784,500 | +€981,916 | +25.8% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | €3,802,584 | €4,784,500 | +€981,916 | +25.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,048,282 | €421 | -€1.0m | -100.0% |
| Amounts payable within one year | 42/48 | €1,048,282 | €421 | -€1.0m | -100.0% |
| Trade debts | 44 | - | €88 | +€88 | |
| Suppliers | 440/4 | - | €88 | +€88 | |
| Taxes, remuneration and social security | 45 | €23,282 | €334 | -€22,949 | -98.6% |
| Taxes | 450/3 | €23,282 | €334 | -€22,949 | -98.6% |
| Other amounts payable | 47/48 | €1,025,000 | €0 | -€1.0m | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,884 | €3,550 | -€333 | -8.6% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€167 | -€88 | +€79 | +47.5% |
| Operating profit (loss) | 9901 | -€5,018 | -€4,636 | +€382 | +7.6% |
| Financial income | 75/76B | €168,401 | €218,991 | +€50,590 | +30.0% |
| Recurring financial income | 75 | €168,401 | €218,991 | +€50,590 | +30.0% |
| Financial charges | 65/66B | €144 | €104 | -€40 | -27.6% |
| Recurring financial charges | 65 | €144 | €104 | -€40 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | €163,238 | €214,250 | +€51,011 | +31.2% |
| Income taxes | 67/77 | €43,282 | €32,334 | -€10,949 | -25.3% |
| Profit (loss) for the period | 9904 | €119,956 | €181,916 | +€61,960 | +51.7% |
| Transfer from tax-exempt reserves | 789 | €105,250 | €0 | -€105,250 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €225,206 | €181,916 | -€43,290 | -19.2% |
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 26 October 2026 via checked.be.