SJL Consultancy: 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.
SJL Consultancy
Largest movements
- Cash +€46,866
up €46,866 (+58.6%), from €79,912 to €126,778
mainly Net result for the year (+€53,656) and Tax, wage and social debts (+€12,367)
- Receivables within one year +€10,845
up €10,845 (+52.0%), from €20,853 to €31,698
- Tangible fixed assets -€5,277
down €5,277 (-14.5%), from €36,455 to €31,178
of which Furniture and vehicles: -€4,581
- Reserves +€53,656
up €53,656 (+82.9%), from €64,701 to €118,357
- Tax, wage and social debts +€12,367
up €12,367 (+41.8%), from €29,574 to €41,941
of which Taxes: +€15,167
- Debts after one year -€10,268
down €10,268 (-41.3%), from €24,848 to €14,580
- Trade debts -€3,534
down €3,534 (-70.6%), from €5,007 to €1,474
- Gross operating margin -€26,401
down €26,401 (-24.0%), from €109,907 to €83,506
- Depreciation -€7,557
down €7,557 (-39.4%), from €19,184 to €11,627
- Taxes -€4,068
down €4,068 (-21.9%), from €18,538 to €14,470
- Financial charges -€2,889
down €2,889 (-53.8%), from €5,373 to €2,483
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 | €137,220 | €189,654 | +€52,435 | +38.2% |
| Fixed assets | 21/28 | €36,455 | €31,178 | -€5,277 | -14.5% |
| Tangible fixed assets | 22/27 | €36,455 | €31,178 | -€5,277 | -14.5% |
| Plant, machinery and equipment | 23 | €2,825 | €2,129 | -€696 | -24.6% |
| Furniture and vehicles | 24 | €33,630 | €29,049 | -€4,581 | -13.6% |
| Current assets | 29/58 | €100,765 | €158,476 | +€57,711 | +57.3% |
| Amounts receivable within one year | 40/41 | €20,853 | €31,698 | +€10,845 | +52.0% |
| Trade receivables | 40 | €20,853 | €31,698 | +€10,845 | +52.0% |
| Cash at bank and in hand | 54/58 | €79,912 | €126,778 | +€46,866 | +58.6% |
| Total equity and liabilities | 10/49 | €137,220 | €189,654 | +€52,435 | +38.2% |
| Equity | 10/15 | €67,701 | €121,357 | +€53,656 | +79.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €64,701 | €118,357 | +€53,656 | +82.9% |
| Distributable reserves | 133 | €64,701 | €118,357 | +€53,656 | +82.9% |
| Amounts payable | 17/49 | €69,519 | €68,297 | -€1,222 | -1.8% |
| Amounts payable after more than one year | 17 | €24,848 | €14,580 | -€10,268 | -41.3% |
| Financial debts | 170/4 | €24,848 | €14,580 | -€10,268 | -41.3% |
| Amounts payable within one year | 42/48 | €44,671 | €53,717 | +€9,047 | +20.3% |
| Current portion of amounts payable after more than one year | 42 | €9,730 | €10,268 | +€538 | +5.5% |
| Trade debts | 44 | €5,007 | €1,474 | -€3,534 | -70.6% |
| Suppliers | 440/4 | €5,007 | €1,474 | -€3,534 | -70.6% |
| Taxes, remuneration and social security | 45 | €29,574 | €41,941 | +€12,367 | +41.8% |
| Taxes | 450/3 | €26,774 | €41,941 | +€15,167 | +56.7% |
| Remuneration and social security | 454/9 | €2,800 | €0 | -€2,800 | -100% |
| Other amounts payable | 47/48 | €359 | €34 | -€325 | -90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,184 | €11,627 | -€7,557 | -39.4% |
| Other operating charges | 640/8 | €2,112 | €1,274 | -€838 | -39.7% |
| Gross operating margin | 9900 | €109,907 | €83,506 | -€26,401 | -24.0% |
| Operating profit (loss) | 9901 | €88,611 | €70,605 | -€18,006 | -20.3% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €5,373 | €2,483 | -€2,889 | -53.8% |
| Recurring financial charges | 65 | €5,373 | €2,483 | -€2,889 | -53.8% |
| Profit (loss) for the period before taxes | 9903 | €83,239 | €68,126 | -€15,112 | -18.2% |
| Income taxes | 67/77 | €18,538 | €14,470 | -€4,068 | -21.9% |
| Profit (loss) for the period | 9904 | €64,701 | €53,656 | -€11,044 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €64,701 | €53,656 | -€11,044 | -17.1% |
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 15 October 2026 via checked.be.