JTM CONSULT: what changed
Two fiscal 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.
JTM CONSULT
Largest movements
- Cash -€46,432
down €46,432 (-43.1%), from €107,842 to €61,410
mainly Contributions, distributions and other (-€77,001) and Receivables within one year (-€30,205)
- Receivables within one year +€30,205
up €30,205 (+60.4%), from €50,000 to €80,205
of which Other amounts receivable: +€67,036
- Current investments +€2,500
new in 2025: €2,500
- Tax, wage and social debts -€12,785
down €12,785 (-43.3%), from €29,531 to €16,747
- Other debts -€4,034
down €4,034 (-5.0%), from €81,035 to €77,001
- Trade debts +€1,934
up €1,934 (+102.3%), from €1,890 to €3,824
- Gross operating margin -€8,023
down €8,023 (-7.6%), from €106,252 to €98,229
- Taxes -€3,663
down €3,663 (-15.2%), from €24,130 to €20,467
- Financial income +€1,171
up €1,171 (+601.7%), from €195 to €1,366
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.
Cash bridge derived
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 | €160,375 | €145,491 | -€14,884 | -9.3% |
| Fixed assets | 21/28 | €2,534 | €1,376 | -€1,158 | -45.7% |
| Tangible fixed assets | 22/27 | €2,534 | €1,376 | -€1,158 | -45.7% |
| Plant, machinery and equipment | 23 | €2,534 | €1,376 | -€1,158 | -45.7% |
| Current assets | 29/58 | €157,842 | €144,115 | -€13,727 | -8.7% |
| Amounts receivable within one year | 40/41 | €50,000 | €80,205 | +€30,205 | +60.4% |
| Trade receivables | 40 | €50,000 | €13,170 | -€36,830 | -73.7% |
| Other amounts receivable | 41 | - | €67,036 | +€67,036 | |
| Current investments | 50/53 | - | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €107,842 | €61,410 | -€46,432 | -43.1% |
| Total equity and liabilities | 10/49 | €160,375 | €145,491 | -€14,884 | -9.3% |
| Equity | 10/15 | €47,919 | €47,919 | = | 0.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €43,919 | €43,919 | = | 0.0% |
| Non-distributable reserves | 130/1 | €400 | €400 | = | 0.0% |
| Reserves not available under the articles | 1311 | €400 | €400 | = | 0.0% |
| Distributable reserves | 133 | €43,519 | €43,519 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €112,456 | €97,572 | -€14,884 | -13.2% |
| Amounts payable within one year | 42/48 | €112,456 | €97,572 | -€14,884 | -13.2% |
| Trade debts | 44 | €1,890 | €3,824 | +€1,934 | +102.3% |
| Suppliers | 440/4 | €1,890 | €3,824 | +€1,934 | +102.3% |
| Taxes, remuneration and social security | 45 | €29,531 | €16,747 | -€12,785 | -43.3% |
| Taxes | 450/3 | €29,531 | €16,747 | -€12,785 | -43.3% |
| Other amounts payable | 47/48 | €81,035 | €77,001 | -€4,034 | -5.0% |
| Non-recurring operating income | 76A | - | €520 | +€520 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €826 | €1,158 | +€332 | +40.2% |
| Other operating charges | 640/8 | €637 | €594 | -€43 | -6.8% |
| Gross operating margin | 9900 | €106,252 | €98,229 | -€8,023 | -7.6% |
| Operating profit (loss) | 9901 | €104,790 | €96,478 | -€8,312 | -7.9% |
| Financial income | 75/76B | €195 | €1,366 | +€1,171 | +601.7% |
| Recurring financial income | 75 | €195 | €1,366 | +€1,171 | +601.7% |
| Financial charges | 65/66B | €569 | €375 | -€194 | -34.0% |
| Recurring financial charges | 65 | €569 | €375 | -€194 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €104,415 | €97,469 | -€6,946 | -6.7% |
| Income taxes | 67/77 | €24,130 | €20,467 | -€3,663 | -15.2% |
| Profit (loss) for the period | 9904 | €80,285 | €77,001 | -€3,284 | -4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €80,285 | €77,001 | -€3,284 | -4.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.