JTL 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.
JTL CONSULT
Largest movements
- Cash +€14,111
up €14,111 (+14.3%), from €98,818 to €112,929
mainly Net result for the year (+€103,316) and Other debts (+€25,000)
- Tangible fixed assets -€10,416
down €10,416 (-23.3%), from €44,658 to €34,242
- Other debts +€25,000
up €25,000 (+25.0%), from €100,000 to €125,000
- Reserves -€21,684
down €21,684 (-53.2%), from €40,736 to €19,053
of which Distributable reserves: -€21,684
- Gross operating margin -€3,940
down €3,940 (-2.6%), from €149,242 to €145,302
- Depreciation +€1,653
up €1,653 (+17.2%), from €9,632 to €11,285
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 | €174,141 | €177,493 | +€3,352 | +1.9% |
| Fixed assets | 21/28 | €44,658 | €34,242 | -€10,416 | -23.3% |
| Tangible fixed assets | 22/27 | €44,658 | €34,242 | -€10,416 | -23.3% |
| Furniture and vehicles | 24 | €44,658 | €34,242 | -€10,416 | -23.3% |
| Current assets | 29/58 | €129,483 | €143,251 | +€13,768 | +10.6% |
| Amounts receivable within one year | 40/41 | €29,411 | €29,263 | -€148 | -0.5% |
| Trade receivables | 40 | €23,926 | €27,929 | +€4,003 | +16.7% |
| Other amounts receivable | 41 | €5,485 | €1,334 | -€4,151 | -75.7% |
| Cash at bank and in hand | 54/58 | €98,818 | €112,929 | +€14,111 | +14.3% |
| Deferred charges and accrued income | 490/1 | €1,254 | €1,058 | -€196 | -15.6% |
| Total equity and liabilities | 10/49 | €174,141 | €177,493 | +€3,352 | +1.9% |
| Equity | 10/15 | €59,336 | €37,653 | -€21,684 | -36.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,736 | €19,053 | -€21,684 | -53.2% |
| Tax-exempt reserves | 132 | €237 | €237 | = | 0.0% |
| Distributable reserves | 133 | €40,500 | €18,816 | -€21,684 | -53.5% |
| Amounts payable | 17/49 | €114,805 | €139,840 | +€25,035 | +21.8% |
| Amounts payable within one year | 42/48 | €114,792 | €139,840 | +€25,048 | +21.8% |
| Trade debts | 44 | €2,577 | €1,535 | -€1,043 | -40.5% |
| Suppliers | 440/4 | €2,577 | €1,535 | -€1,043 | -40.5% |
| Taxes, remuneration and social security | 45 | €12,214 | €13,305 | +€1,091 | +8.9% |
| Taxes | 450/3 | €12,214 | €13,305 | +€1,091 | +8.9% |
| Other amounts payable | 47/48 | €100,000 | €125,000 | +€25,000 | +25.0% |
| Accrued charges and deferred income | 492/3 | €13 | - | -€13 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,632 | €11,285 | +€1,653 | +17.2% |
| Other operating charges | 640/8 | €656 | €520 | -€136 | -20.7% |
| Gross operating margin | 9900 | €149,242 | €145,302 | -€3,940 | -2.6% |
| Operating profit (loss) | 9901 | €138,955 | €133,497 | -€5,458 | -3.9% |
| Financial income | 75/76B | €257 | - | -€257 | |
| Recurring financial income | 75 | €257 | - | -€257 | |
| Financial charges | 65/66B | €343 | €136 | -€207 | -60.4% |
| Recurring financial charges | 65 | €343 | €136 | -€207 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €138,868 | €133,361 | -€5,507 | -4.0% |
| Income taxes | 67/77 | €31,281 | €30,045 | -€1,237 | -4.0% |
| Profit (loss) for the period | 9904 | €107,587 | €103,316 | -€4,271 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €107,587 | €103,316 | -€4,271 | -4.0% |
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 21 October 2026 via checked.be.