PFJ 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.
PFJ CONSULT
Largest movements
- Cash +€50,810
up €50,810 (+316.6%), from €16,046 to €66,856
mainly Net result for the year (+€41,780) and Receivables within one year (+€15,554)
- Receivables within one year -€15,554
down €15,554 (-94.1%), from €16,526 to €972
of which Trade receivables: -€13,286
- Tangible fixed assets +€14,476
new in 2025: €14,476
- Profit (loss) carried forward +€41,780
up €41,780 (+284.2%), from €14,699 to €56,479
- Tax, wage and social debts +€9,059
up €9,059 (+81.9%), from €11,058 to €20,117
- Gross operating margin +€37,229
up €37,229 (+198.2%), from €18,782 to €56,012
- Taxes +€7,414
up €7,414 (+193.2%), from €3,837 to €11,251
- Other operating charges +€2,059
up €2,059 (+531.6%), from €387 to €2,447
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 | €32,572 | €82,954 | +€50,381 | +154.7% |
| Fixed assets | 21/28 | - | €14,476 | +€14,476 | |
| Tangible fixed assets | 22/27 | - | €14,476 | +€14,476 | |
| Furniture and vehicles | 24 | - | €14,476 | +€14,476 | |
| Current assets | 29/58 | €32,572 | €68,477 | +€35,905 | +110.2% |
| Amounts receivable within one year | 40/41 | €16,526 | €972 | -€15,554 | -94.1% |
| Trade receivables | 40 | €14,257 | €972 | -€13,286 | -93.2% |
| Other amounts receivable | 41 | €2,269 | €0 | -€2,269 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,046 | €66,856 | +€50,810 | +316.6% |
| Deferred charges and accrued income | 490/1 | - | €649 | +€649 | |
| Total equity and liabilities | 10/49 | €32,572 | €82,954 | +€50,381 | +154.7% |
| Equity | 10/15 | €19,699 | €61,479 | +€41,780 | +212.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,699 | €56,479 | +€41,780 | +284.2% |
| Amounts payable | 17/49 | €12,873 | €21,475 | +€8,601 | +66.8% |
| Amounts payable within one year | 42/48 | €12,873 | €21,475 | +€8,601 | +66.8% |
| Trade debts | 44 | €1,815 | €1,358 | -€457 | -25.2% |
| Suppliers | 440/4 | €1,815 | €1,358 | -€457 | -25.2% |
| Taxes, remuneration and social security | 45 | €11,058 | €20,117 | +€9,059 | +81.9% |
| Taxes | 450/3 | €11,058 | €20,117 | +€9,059 | +81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €514 | +€514 | |
| Other operating charges | 640/8 | €387 | €2,447 | +€2,059 | +531.6% |
| Gross operating margin | 9900 | €18,782 | €56,012 | +€37,229 | +198.2% |
| Operating profit (loss) | 9901 | €18,395 | €53,052 | +€34,657 | +188.4% |
| Financial income | 75/76B | €142 | €0 | -€142 | -100.0% |
| Recurring financial income | 75 | €142 | €0 | -€142 | -100.0% |
| Financial charges | 65/66B | €1 | €21 | +€20 | +1959.4% |
| Recurring financial charges | 65 | €1 | €21 | +€20 | +1959.4% |
| Profit (loss) for the period before taxes | 9903 | €18,536 | €53,031 | +€34,495 | +186.1% |
| Income taxes | 67/77 | €3,837 | €11,251 | +€7,414 | +193.2% |
| Profit (loss) for the period | 9904 | €14,699 | €41,780 | +€27,081 | +184.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,699 | €41,780 | +€27,081 | +184.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.