MSJP 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.
MSJP Consulting
Largest movements
- Receivables within one year +€29,810
up €29,810 (+232%), from €12,854 to €42,664
of which Trade receivables: +€26,524
- Cash -€28,803
down €28,803 (-29.0%), from €99,179 to €70,376
mainly Receivables within one year (-€29,810) and Tax, wage and social debts (-€2,999)
- Tangible fixed assets +€1,729
up €1,729 (+394%), from €439 to €2,168
of which Furniture and vehicles: +€2,025
- Profit (loss) carried forward +€7,611
up €7,611 (+128%), from €5,930 to €13,541
- Tax, wage and social debts -€2,999
down €2,999 (-66.0%), from €4,541 to €1,542
of which Remuneration and social security: -€2,000
- Trade debts -€1,559
down €1,559 (-73.8%), from €2,112 to €553
- Gross operating margin +€2,696
up €2,696 (+21.0%), from €12,827 to €15,523
- Financial income +€460
up €460 (+268%), from €172 to €632
- Taxes +€454
up €454 (+18.5%), from €2,450 to €2,904
- Other operating charges -€332
down €332 (-20.1%), from €1,655 to €1,323
- Depreciation -€326
down €326 (-50.5%), from €646 to €320
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 | €116,043 | €119,096 | +€3,053 | +2.6% |
| Fixed assets | 21/28 | €439 | €2,168 | +€1,729 | +394% |
| Tangible fixed assets | 22/27 | €439 | €2,168 | +€1,729 | +394% |
| Plant, machinery and equipment | 23 | €439 | €143 | -€296 | -67.5% |
| Furniture and vehicles | 24 | - | €2,025 | +€2,025 | |
| Current assets | 29/58 | €115,604 | €116,928 | +€1,324 | +1.1% |
| Amounts receivable within one year | 40/41 | €12,854 | €42,664 | +€29,810 | +232% |
| Trade receivables | 40 | €11,787 | €38,311 | +€26,524 | +225% |
| Other amounts receivable | 41 | €1,067 | €4,353 | +€3,286 | +308% |
| Cash at bank and in hand | 54/58 | €99,179 | €70,376 | -€28,803 | -29.0% |
| Deferred charges and accrued income | 490/1 | €3,571 | €3,888 | +€317 | +8.9% |
| Total equity and liabilities | 10/49 | €116,043 | €119,096 | +€3,053 | +2.6% |
| Equity | 10/15 | €109,390 | €117,001 | +€7,611 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,860 | €84,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €83,000 | €83,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,930 | €13,541 | +€7,611 | +128% |
| Amounts payable | 17/49 | €6,653 | €2,095 | -€4,558 | -68.5% |
| Amounts payable within one year | 42/48 | €6,653 | €2,095 | -€4,558 | -68.5% |
| Trade debts | 44 | €2,112 | €553 | -€1,559 | -73.8% |
| Suppliers | 440/4 | €2,112 | €553 | -€1,559 | -73.8% |
| Taxes, remuneration and social security | 45 | €4,541 | €1,542 | -€2,999 | -66.0% |
| Taxes | 450/3 | €2,541 | €1,542 | -€999 | -39.3% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €3,502 | €3,608 | +€106 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €646 | €320 | -€326 | -50.5% |
| Other operating charges | 640/8 | €1,655 | €1,323 | -€332 | -20.1% |
| Gross operating margin | 9900 | €12,827 | €15,523 | +€2,696 | +21.0% |
| Operating profit (loss) | 9901 | €7,024 | €10,272 | +€3,249 | +46.3% |
| Financial income | 75/76B | €172 | €632 | +€460 | +268% |
| Recurring financial income | 75 | €172 | €632 | +€460 | +268% |
| Financial charges | 65/66B | €98 | €390 | +€292 | +298% |
| Recurring financial charges | 65 | €98 | €390 | +€292 | +298% |
| Profit (loss) for the period before taxes | 9903 | €7,098 | €10,515 | +€3,417 | +48.1% |
| Income taxes | 67/77 | €2,450 | €2,904 | +€454 | +18.5% |
| Profit (loss) for the period | 9904 | €4,648 | €7,611 | +€2,963 | +63.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,648 | €7,611 | +€2,963 | +63.7% |
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 14 October 2026 via checked.be.