PjC 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.
PjC CONSULTING
Largest movements
- Cash +€80,726
up €80,726 (+20.1%), from €402,494 to €483,220
mainly Net result for the year (+€112,778) and Depreciation (+€29,413)
- Tangible fixed assets -€29,413
down €29,413 (-9.8%), from €301,487 to €272,075
of which Plant, machinery and equipment: -€15,967
- Reserves +€60,000
up €60,000 (+13.2%), from €454,855 to €514,855
of which Distributable reserves: +€60,000
- Debts after one year -€29,814
down €29,814 (-20.0%), from €149,087 to €119,273
- Tax, wage and social debts +€18,400
up €18,400 (+68.7%), from €26,773 to €45,172
- Other debts +€10,525
up €10,525 (+23.9%), from €43,981 to €54,507
- Gross operating margin -€130,007
down €130,007 (-39.4%), from €329,928 to €199,921
- Taxes -€41,577
down €41,577 (-44.8%), from €92,753 to €51,176
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 | €749,229 | €805,542 | +€56,313 | +7.5% |
| Fixed assets | 21/28 | €301,487 | €272,075 | -€29,413 | -9.8% |
| Tangible fixed assets | 22/27 | €301,487 | €272,075 | -€29,413 | -9.8% |
| Land and buildings | 22 | €140,505 | €128,590 | -€11,915 | -8.5% |
| Plant, machinery and equipment | 23 | €157,830 | €141,862 | -€15,967 | -10.1% |
| Furniture and vehicles | 24 | €3,153 | €1,622 | -€1,530 | -48.5% |
| Current assets | 29/58 | €447,742 | €533,467 | +€85,726 | +19.1% |
| Amounts receivable within one year | 40/41 | €42,715 | €48,076 | +€5,361 | +12.6% |
| Trade receivables | 40 | €42,715 | €48,076 | +€5,361 | +12.6% |
| Cash at bank and in hand | 54/58 | €402,494 | €483,220 | +€80,726 | +20.1% |
| Deferred charges and accrued income | 490/1 | €2,533 | €2,172 | -€361 | -14.3% |
| Total equity and liabilities | 10/49 | €749,229 | €805,542 | +€56,313 | +7.5% |
| Equity | 10/15 | €486,845 | €549,624 | +€62,778 | +12.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €454,855 | €514,855 | +€60,000 | +13.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €453,000 | €513,000 | +€60,000 | +13.2% |
| Profit (loss) carried forward | 14 | €25,790 | €28,569 | +€2,778 | +10.8% |
| Amounts payable | 17/49 | €262,383 | €255,918 | -€6,465 | -2.5% |
| Amounts payable after more than one year | 17 | €149,087 | €119,273 | -€29,814 | -20.0% |
| Financial debts | 170/4 | €149,087 | €119,273 | -€29,814 | -20.0% |
| Amounts payable within one year | 42/48 | €113,297 | €136,646 | +€23,349 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €31,095 | €31,600 | +€504 | +1.6% |
| Financial debts | 43 | €3,650 | €1,430 | -€2,221 | -60.8% |
| Credit institutions | 430/8 | €3,650 | €1,430 | -€2,221 | -60.8% |
| Trade debts | 44 | €7,797 | €3,937 | -€3,860 | -49.5% |
| Suppliers | 440/4 | €7,797 | €3,937 | -€3,860 | -49.5% |
| Taxes, remuneration and social security | 45 | €26,773 | €45,172 | +€18,400 | +68.7% |
| Taxes | 450/3 | €26,773 | €45,172 | +€18,400 | +68.7% |
| Other amounts payable | 47/48 | €43,981 | €54,507 | +€10,525 | +23.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,484 | €29,413 | -€71 | -0.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €329,928 | €199,921 | -€130,007 | -39.4% |
| Operating profit (loss) | 9901 | €300,057 | €170,109 | -€129,948 | -43.3% |
| Financial income | 75/76B | €468 | €327 | -€140 | -30.0% |
| Recurring financial income | 75 | €468 | €327 | -€140 | -30.0% |
| Financial charges | 65/66B | €6,154 | €6,481 | +€328 | +5.3% |
| Recurring financial charges | 65 | €6,154 | €6,481 | +€328 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €294,371 | €163,955 | -€130,416 | -44.3% |
| Income taxes | 67/77 | €92,753 | €51,176 | -€41,577 | -44.8% |
| Profit (loss) for the period | 9904 | €201,618 | €112,778 | -€88,840 | -44.1% |
| Profit (loss) for the period to be appropriated | 9905 | €201,618 | €112,778 | -€88,840 | -44.1% |
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 25 October 2026 via checked.be.