PJMA 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.
PJMA CONSULTING
Largest movements
- Cash +€300,585
up €300,585 (+164%), from €183,595 to €484,180
mainly Net result for the year (+€258,094) and Tax, wage and social debts (+€45,773)
- Tangible fixed assets -€10,076
down €10,076 (-13.6%), from €73,870 to €63,794
of which Leasing and similar rights: -€14,383
- Reserves +€258,094
new in 2025: €258,094
- Tax, wage and social debts +€45,773
up €45,773 (+61.4%), from €74,490 to €120,263
of which Taxes: +€45,773
- Debts after one year -€15,390
down €15,390 (-33.4%), from €46,122 to €30,731
- Gross operating margin +€95,324
up €95,324 (+32.0%), from €297,849 to €393,173
- Taxes +€45,773
up €45,773 (+66.9%), from €68,390 to €114,163
- Depreciation +€12,234
up €12,234 (+268%), from €4,563 to €16,797
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 | €368,848 | €658,029 | +€289,180 | +78.4% |
| Fixed assets | 21/28 | €73,870 | €63,794 | -€10,076 | -13.6% |
| Tangible fixed assets | 22/27 | €73,870 | €63,794 | -€10,076 | -13.6% |
| Plant, machinery and equipment | 23 | - | €4,435 | +€4,435 | |
| Furniture and vehicles | 24 | €6,410 | €6,282 | -€129 | -2.0% |
| Leasing and similar rights | 25 | €67,460 | €53,078 | -€14,383 | -21.3% |
| Current assets | 29/58 | €294,978 | €594,235 | +€299,256 | +101% |
| Amounts receivable within one year | 40/41 | €107,435 | €108,214 | +€779 | +0.7% |
| Trade receivables | 40 | €104,581 | €107,423 | +€2,842 | +2.7% |
| Other amounts receivable | 41 | €2,854 | €792 | -€2,063 | -72.3% |
| Cash at bank and in hand | 54/58 | €183,595 | €484,180 | +€300,585 | +164% |
| Deferred charges and accrued income | 490/1 | €3,948 | €1,840 | -€2,108 | -53.4% |
| Total equity and liabilities | 10/49 | €368,848 | €658,029 | +€289,180 | +78.4% |
| Equity | 10/15 | €228,688 | €486,782 | +€258,094 | +113% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €258,094 | +€258,094 | |
| Distributable reserves | 133 | - | €258,094 | +€258,094 | |
| Profit (loss) carried forward | 14 | €222,688 | €222,688 | = | 0.0% |
| Amounts payable | 17/49 | €140,160 | €171,247 | +€31,087 | +22.2% |
| Amounts payable after more than one year | 17 | €46,122 | €30,731 | -€15,390 | -33.4% |
| Financial debts | 170/4 | €46,122 | €30,731 | -€15,390 | -33.4% |
| Amounts payable within one year | 42/48 | €93,557 | €139,806 | +€46,249 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €16,257 | €15,390 | -€867 | -5.3% |
| Trade debts | 44 | €1,295 | €993 | -€302 | -23.4% |
| Suppliers | 440/4 | €1,295 | €993 | -€302 | -23.4% |
| Taxes, remuneration and social security | 45 | €74,490 | €120,263 | +€45,773 | +61.4% |
| Taxes | 450/3 | €72,290 | €118,063 | +€45,773 | +63.3% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €1,514 | €3,160 | +€1,645 | +109% |
| Accrued charges and deferred income | 492/3 | €481 | €709 | +€228 | +47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,563 | €16,797 | +€12,234 | +268% |
| Other operating charges | 640/8 | €1,454 | €1,907 | +€452 | +31.1% |
| Gross operating margin | 9900 | €297,849 | €393,173 | +€95,324 | +32.0% |
| Operating profit (loss) | 9901 | €291,832 | €374,470 | +€82,638 | +28.3% |
| Financial charges | 65/66B | €754 | €2,213 | +€1,459 | +194% |
| Recurring financial charges | 65 | €754 | €2,213 | +€1,459 | +194% |
| Profit (loss) for the period before taxes | 9903 | €291,078 | €372,257 | +€81,178 | +27.9% |
| Income taxes | 67/77 | €68,390 | €114,163 | +€45,773 | +66.9% |
| Profit (loss) for the period | 9904 | €222,688 | €258,094 | +€35,405 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €222,688 | €258,094 | +€35,405 | +15.9% |
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 18 October 2026 via checked.be.