TJ 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.
TJ Consultancy
Largest movements
- Cash +€47,810
up €47,810 (+53.8%), from €88,867 to €136,677
mainly Net result for the year (+€56,926) and Receivables after one year (+€30,944)
- Receivables after one year -€30,944
down €30,944 (-100%), from €30,944 to €0
- Tangible fixed assets +€16,384
up €16,384 (+41.6%), from €39,346 to €55,730
of which Plant, machinery and equipment: +€25,678
- Reserves +€24,353
up €24,353 (+13.3%), from €183,228 to €207,581
of which Distributable reserves: +€24,353
- Tax, wage and social debts +€7,258
up €7,258 (+46.3%), from €15,692 to €22,950
- Other debts +€2,868
up €2,868, from €0 to €2,868
- Depreciation +€5,986
up €5,986 (+124%), from €4,815 to €10,801
- Gross operating margin +€5,408
up €5,408 (+6.3%), from €85,919 to €91,327
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 | €203,406 | €235,783 | +€32,378 | +15.9% |
| Fixed assets | 21/28 | €39,346 | €55,730 | +€16,384 | +41.6% |
| Tangible fixed assets | 22/27 | €39,346 | €55,730 | +€16,384 | +41.6% |
| Plant, machinery and equipment | 23 | €265 | €25,943 | +€25,678 | +9,696% |
| Furniture and vehicles | 24 | €36,967 | €28,021 | -€8,946 | -24.2% |
| Other tangible fixed assets | 26 | €2,114 | €1,766 | -€348 | -16.5% |
| Current assets | 29/58 | €164,060 | €180,053 | +€15,994 | +9.7% |
| Amounts receivable after more than one year | 29 | €30,944 | €0 | -€30,944 | -100% |
| Other amounts receivable | 291 | €30,944 | €0 | -€30,944 | -100% |
| Amounts receivable within one year | 40/41 | €39,950 | €38,813 | -€1,138 | -2.8% |
| Trade receivables | 40 | €38,973 | €38,813 | -€160 | -0.4% |
| Other amounts receivable | 41 | €977 | €0 | -€977 | -100% |
| Cash at bank and in hand | 54/58 | €88,867 | €136,677 | +€47,810 | +53.8% |
| Deferred charges and accrued income | 490/1 | €4,298 | €4,563 | +€266 | +6.2% |
| Total equity and liabilities | 10/49 | €203,406 | €235,783 | +€32,378 | +15.9% |
| Equity | 10/15 | €183,428 | €207,781 | +€24,353 | +13.3% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €183,228 | €207,581 | +€24,353 | +13.3% |
| Tax-exempt reserves | 132 | €2,976 | €2,976 | = | 0.0% |
| Distributable reserves | 133 | €180,252 | €204,605 | +€24,353 | +13.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,978 | €28,003 | +€8,025 | +40.2% |
| Amounts payable within one year | 42/48 | €19,489 | €27,941 | +€8,452 | +43.4% |
| Trade debts | 44 | €3,797 | €2,123 | -€1,674 | -44.1% |
| Suppliers | 440/4 | €3,797 | €2,123 | -€1,674 | -44.1% |
| Taxes, remuneration and social security | 45 | €15,692 | €22,950 | +€7,258 | +46.3% |
| Taxes | 450/3 | €15,692 | €22,950 | +€7,258 | +46.3% |
| Other amounts payable | 47/48 | €0 | €2,868 | +€2,868 | |
| Accrued charges and deferred income | 492/3 | €489 | €62 | -€427 | -87.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,815 | €10,801 | +€5,986 | +124% |
| Other operating charges | 640/8 | €521 | €936 | +€415 | +79.7% |
| Non-recurring operating charges | 66A | - | €265 | +€265 | |
| Gross operating margin | 9900 | €85,919 | €91,327 | +€5,408 | +6.3% |
| Operating profit (loss) | 9901 | €80,583 | €79,325 | -€1,258 | -1.6% |
| Financial income | 75/76B | €676 | €130 | -€546 | -80.8% |
| Recurring financial income | 75 | €676 | €130 | -€546 | -80.8% |
| Financial charges | 65/66B | €90 | €280 | +€190 | +210% |
| Recurring financial charges | 65 | €90 | €280 | +€190 | +210% |
| Profit (loss) for the period before taxes | 9903 | €81,168 | €79,174 | -€1,994 | -2.5% |
| Income taxes | 67/77 | €23,009 | €22,248 | -€761 | -3.3% |
| Profit (loss) for the period | 9904 | €58,159 | €56,926 | -€1,233 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,159 | €56,926 | -€1,233 | -2.1% |
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 18 October 2026 via checked.be.