TJ Advisory Services: 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.
TJ Advisory Services
Largest movements
- Current investments +€25,448
up €25,448 (+106%), from €23,955 to €49,402
- Receivables within one year +€23,716
up €23,716 (+81.6%), from €29,063 to €52,779
of which Other amounts receivable: +€16,454
- Tangible fixed assets -€3,115
down €3,115 (-14.8%), from €21,098 to €17,983
of which Furniture and vehicles: -€3,312
- Reserves +€35,897
up €35,897 (+42.4%), from €84,600 to €120,497
- Trade debts +€10,162
up €10,162 (+35,345%), from €29 to €10,190
- Gross operating margin +€6,256
up €6,256 (+12.9%), from €48,379 to €54,634
- Taxes +€1,587
up €1,587 (+17.5%), from €9,046 to €10,633
- Depreciation +€939
up €939 (+17.3%), from €5,434 to €6,373
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 | €100,024 | €145,851 | +€45,827 | +45.8% |
| Fixed assets | 21/28 | €21,098 | €17,983 | -€3,115 | -14.8% |
| Tangible fixed assets | 22/27 | €21,098 | €17,983 | -€3,115 | -14.8% |
| Plant, machinery and equipment | 23 | €4,213 | €5,891 | +€1,678 | +39.8% |
| Furniture and vehicles | 24 | €8,070 | €4,758 | -€3,312 | -41.0% |
| Other tangible fixed assets | 26 | €8,814 | €7,334 | -€1,480 | -16.8% |
| Current assets | 29/58 | €78,926 | €127,869 | +€48,942 | +62.0% |
| Amounts receivable within one year | 40/41 | €29,063 | €52,779 | +€23,716 | +81.6% |
| Trade receivables | 40 | €15,670 | €22,932 | +€7,262 | +46.3% |
| Other amounts receivable | 41 | €13,393 | €29,847 | +€16,454 | +123% |
| Current investments | 50/53 | €23,955 | €49,402 | +€25,448 | +106% |
| Cash at bank and in hand | 54/58 | €23,629 | €22,573 | -€1,056 | -4.5% |
| Deferred charges and accrued income | 490/1 | €2,280 | €3,114 | +€834 | +36.6% |
| Total equity and liabilities | 10/49 | €100,024 | €145,851 | +€45,827 | +45.8% |
| Equity | 10/15 | €86,100 | €121,997 | +€35,897 | +41.7% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €84,600 | €120,497 | +€35,897 | +42.4% |
| Distributable reserves | 133 | €84,600 | €120,497 | +€35,897 | +42.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €13,924 | €23,854 | +€9,930 | +71.3% |
| Amounts payable within one year | 42/48 | €13,924 | €23,854 | +€9,930 | +71.3% |
| Financial debts | 43 | €2,312 | €3,106 | +€794 | +34.4% |
| Credit institutions | 430/8 | €2,312 | €3,106 | +€794 | +34.4% |
| Trade debts | 44 | €29 | €10,190 | +€10,162 | +35,345% |
| Suppliers | 440/4 | €29 | €10,190 | +€10,162 | +35,345% |
| Taxes, remuneration and social security | 45 | €11,584 | €10,558 | -€1,026 | -8.9% |
| Taxes | 450/3 | €10,956 | €10,317 | -€640 | -5.8% |
| Remuneration and social security | 454/9 | €627 | €241 | -€386 | -61.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,434 | €6,373 | +€939 | +17.3% |
| Other operating charges | 640/8 | €672 | €846 | +€174 | +25.9% |
| Gross operating margin | 9900 | €48,379 | €54,634 | +€6,256 | +12.9% |
| Operating profit (loss) | 9901 | €42,274 | €47,416 | +€5,143 | +12.2% |
| Financial income | 75/76B | €1,924 | €1,814 | -€109 | -5.7% |
| Recurring financial income | 75 | €1,924 | €1,814 | -€109 | -5.7% |
| Financial charges | 65/66B | €2,603 | €2,700 | +€97 | +3.7% |
| Recurring financial charges | 65 | €2,603 | €2,700 | +€97 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | €41,594 | €46,530 | +€4,936 | +11.9% |
| Income taxes | 67/77 | €9,046 | €10,633 | +€1,587 | +17.5% |
| Profit (loss) for the period | 9904 | €32,547 | €35,897 | +€3,350 | +10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €32,547 | €35,897 | +€3,350 | +10.3% |
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 18 October 2026 via checked.be.