PJE 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.
PJE CONSULTING
Largest movements
- Cash +€39,343
up €39,343 (+89.7%), from €43,878 to €83,221
mainly Net result for the year (+€59,321) and Other debts (+€15,990)
- Receivables within one year +€25,160
up €25,160 (+210%), from €12,008 to €37,168
of which Trade receivables: +€23,999
- Tangible fixed assets -€12,397
down €12,397 (-8.6%), from €144,660 to €132,263
of which Furniture and vehicles: -€11,917
- Reserves +€42,155
up €42,155 (+54.0%), from €78,065 to €120,220
- Other debts +€15,990
up €15,990 (+289%), from €5,541 to €21,530
- Debts after one year -€11,863
down €11,863 (-11.3%), from €104,708 to €92,845
- Tax, wage and social debts +€3,643
up €3,643 (+75.4%), from €4,832 to €8,475
- Gross operating margin +€9,306
up €9,306 (+10.1%), from €91,985 to €101,291
- Taxes -€5,674
down €5,674 (-23.0%), from €24,618 to €18,944
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 | €203,896 | €256,036 | +€52,140 | +25.6% |
| Fixed assets | 21/28 | €147,960 | €135,563 | -€12,397 | -8.4% |
| Tangible fixed assets | 22/27 | €144,660 | €132,263 | -€12,397 | -8.6% |
| Land and buildings | 22 | €125,000 | €125,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €3,850 | €3,370 | -€480 | -12.5% |
| Furniture and vehicles | 24 | €15,810 | €3,893 | -€11,917 | -75.4% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €55,936 | €120,473 | +€64,537 | +115% |
| Amounts receivable within one year | 40/41 | €12,008 | €37,168 | +€25,160 | +210% |
| Trade receivables | 40 | €12,008 | €36,007 | +€23,999 | +200% |
| Other amounts receivable | 41 | - | €1,161 | +€1,161 | |
| Cash at bank and in hand | 54/58 | €43,878 | €83,221 | +€39,343 | +89.7% |
| Deferred charges and accrued income | 490/1 | €49 | €84 | +€34 | +69.8% |
| Total equity and liabilities | 10/49 | €203,896 | €256,036 | +€52,140 | +25.6% |
| Equity | 10/15 | €78,065 | €120,220 | +€42,155 | +54.0% |
| Reserves | 13 | €78,065 | €120,220 | +€42,155 | +54.0% |
| Distributable reserves | 133 | €78,065 | €120,220 | +€42,155 | +54.0% |
| Amounts payable | 17/49 | €125,830 | €135,815 | +€9,985 | +7.9% |
| Amounts payable after more than one year | 17 | €104,708 | €92,845 | -€11,863 | -11.3% |
| Financial debts | 170/4 | €104,708 | €92,845 | -€11,863 | -11.3% |
| Amounts payable within one year | 42/48 | €21,086 | €42,536 | +€21,450 | +102% |
| Current portion of amounts payable after more than one year | 42 | €10,398 | €11,863 | +€1,465 | +14.1% |
| Trade debts | 44 | €316 | €667 | +€351 | +111% |
| Suppliers | 440/4 | €316 | €667 | +€351 | +111% |
| Taxes, remuneration and social security | 45 | €4,832 | €8,475 | +€3,643 | +75.4% |
| Taxes | 450/3 | €4,832 | €8,475 | +€3,643 | +75.4% |
| Other amounts payable | 47/48 | €5,541 | €21,530 | +€15,990 | +289% |
| Accrued charges and deferred income | 492/3 | €36 | €435 | +€399 | +1,107% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,009 | €15,236 | +€227 | +1.5% |
| Other operating charges | 640/8 | €1,219 | €1,333 | +€114 | +9.3% |
| Non-recurring operating charges | 66A | - | €665 | +€665 | |
| Gross operating margin | 9900 | €91,985 | €101,291 | +€9,306 | +10.1% |
| Operating profit (loss) | 9901 | €75,757 | €84,057 | +€8,300 | +11.0% |
| Financial income | 75/76B | €166 | €350 | +€184 | +110% |
| Recurring financial income | 75 | €166 | €350 | +€184 | +110% |
| Financial charges | 65/66B | €6,652 | €6,141 | -€510 | -7.7% |
| Recurring financial charges | 65 | €6,652 | €6,141 | -€510 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €69,271 | €78,265 | +€8,994 | +13.0% |
| Income taxes | 67/77 | €24,618 | €18,944 | -€5,674 | -23.0% |
| Profit (loss) for the period | 9904 | €44,653 | €59,321 | +€14,668 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,653 | €59,321 | +€14,668 | +32.8% |
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 28 October 2026 via checked.be.