PJD 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.
PJD Consulting
Largest movements
- Cash +€46,447
up €46,447 (+61.7%), from €75,310 to €121,758
mainly Other debts (+€176,742) and Net result for the year (+€50,595)
- Receivables within one year +€6,453
up €6,453 (+40.0%), from €16,133 to €22,587
- Tangible fixed assets -€2,517
down €2,517 (-30.0%), from €8,404 to €5,887
of which Furniture and vehicles: -€1,552
- Other debts +€176,742
up €176,742 (+104039.2%), from €170 to €176,912
- Reserves -€158,241
no longer reported in 2025 (was €158,241)
- Tax, wage and social debts +€33,121
up €33,121 (+1241.3%), from €2,668 to €35,789
of which Remuneration and social security: +€31,325
- Gross operating margin +€2,570
up €2,570 (+3.9%), from €66,317 to €68,887
- Depreciation -€861
down €861 (-25.5%), from €3,378 to €2,517
- Taxes +€855
up €855 (+6.6%), from €12,864 to €13,719
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 | €165,979 | €216,152 | +€50,172 | +30.2% |
| Fixed assets | 21/28 | €8,444 | €5,927 | -€2,517 | -29.8% |
| Tangible fixed assets | 22/27 | €8,404 | €5,887 | -€2,517 | -30.0% |
| Land and buildings | 22 | €6,851 | €5,887 | -€965 | -14.1% |
| Furniture and vehicles | 24 | €1,552 | - | -€1,552 | |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €157,535 | €210,225 | +€52,689 | +33.4% |
| Amounts receivable within one year | 40/41 | €16,133 | €22,587 | +€6,453 | +40.0% |
| Trade receivables | 40 | €16,133 | €22,587 | +€6,453 | +40.0% |
| Current investments | 50/53 | €60,450 | €60,450 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €75,310 | €121,758 | +€46,447 | +61.7% |
| Deferred charges and accrued income | 490/1 | €5,642 | €5,431 | -€211 | -3.7% |
| Total equity and liabilities | 10/49 | €165,979 | €216,152 | +€50,172 | +30.2% |
| Equity | 10/15 | €160,241 | €2,000 | -€158,241 | -98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €158,241 | - | -€158,241 | |
| Distributable reserves | 133 | €158,241 | - | -€158,241 | |
| Amounts payable | 17/49 | €5,738 | €214,152 | +€208,413 | +3631.9% |
| Amounts payable within one year | 42/48 | €5,738 | €214,152 | +€208,413 | +3631.9% |
| Trade debts | 44 | €2,900 | €1,451 | -€1,450 | -50.0% |
| Suppliers | 440/4 | €2,900 | €1,451 | -€1,450 | -50.0% |
| Taxes, remuneration and social security | 45 | €2,668 | €35,789 | +€33,121 | +1241.3% |
| Taxes | 450/3 | €2,668 | €4,464 | +€1,796 | +67.3% |
| Remuneration and social security | 454/9 | - | €31,325 | +€31,325 | |
| Other amounts payable | 47/48 | €170 | €176,912 | +€176,742 | +104039.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,378 | €2,517 | -€861 | -25.5% |
| Other operating charges | 640/8 | €977 | €879 | -€98 | -10.0% |
| Non-recurring operating charges | 66A | €1,025 | - | -€1,025 | |
| Gross operating margin | 9900 | €66,317 | €68,887 | +€2,570 | +3.9% |
| Operating profit (loss) | 9901 | €60,936 | €65,490 | +€4,554 | +7.5% |
| Financial income | 75/76B | €1,260 | €1,260 | = | 0.0% |
| Recurring financial income | 75 | €1,260 | €1,260 | = | 0.0% |
| Financial charges | 65/66B | €3,046 | €2,436 | -€610 | -20.0% |
| Recurring financial charges | 65 | €3,046 | €2,436 | -€610 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €59,150 | €64,314 | +€5,164 | +8.7% |
| Income taxes | 67/77 | €12,864 | €13,719 | +€855 | +6.6% |
| Profit (loss) for the period | 9904 | €46,286 | €50,595 | +€4,309 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €46,286 | €50,595 | +€4,309 | +9.3% |
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 12 October 2026 via checked.be.