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What changed?

Two fiscal 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.

What changed

JATO CONSULTANCY

BE 0688.987.535
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€5,175
2024 · €15,605-€10,430
Equity
€187,167
2024 · €240,815-€53,648
Cash
€25,711
2024 · €136,135-€110,424
Balance sheet total
€370,873
2024 · €458,525-€87,652

Largest movements

2024 to 2025
Assets
  • Cash -€110,424

    down €110,424 (-81.1%), from €136,135 to €25,711

    mainly Contributions, distributions and other (-€58,824) and Receivables within one year (-€35,969)

  • Receivables within one year +€35,969

    up €35,969 (+51.6%), from €69,720 to €105,689

    of which Other amounts receivable: +€51,101

  • Tangible fixed assets -€13,108

    down €13,108 (-5.2%), from €251,798 to €238,690

    of which Land and buildings: -€10,927

Equity and liabilities
  • Profit (loss) carried forward -€53,648

    down €53,648 (-24.4%), from €220,308 to €166,660

  • Tax, wage and social debts -€17,530

    down €17,530 (-67.2%), from €26,077 to €8,546

  • Debts after one year -€14,829

    down €14,829 (-9.6%), from €155,270 to €140,441

    of which Financial debts: -€14,829

Income statement
  • Gross operating margin -€19,008

    down €19,008 (-43.7%), from €43,502 to €24,493

  • Write-downs -€6,180

    down €6,180, from €5,370 to -€810

  • Taxes -€2,859

    down €2,859 (-54.5%), from €5,246 to €2,388

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €15,605
Gross operating margin -€19,008
Depreciation +€308
Write-downs +€6,180
Other operating charges -€328
Financial income -€388
Financial charges -€53
Taxes +€2,859
Result 2025 €5,175

Cash bridge derived

cash 2024 to 2025

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.

From operations -€36,921
Investment €0
Financing -€73,503
Cash 2024 €136,135
Net result for the year +€5,175
Depreciation +€13,108
Receivables within one year -€35,969
Smaller working-capital items +€21
Trade debts -€1,385
Tax, wage and social debts -€17,530
Accrued charges and deferred income -€342
Debts after one year -€14,829
Current portion of long-term debt +€150
Contributions, distributions and other -€58,824
Cash 2025 €25,711
Every line side by side 45 lines
Line Code 2024 2025 Change %
Total assets 20/58 €458,525 €370,873 -€87,652 -19.1%
Fixed assets 21/28 €251,798 €238,690 -€13,108 -5.2%
Tangible fixed assets 22/27 €251,798 €238,690 -€13,108 -5.2%
Land and buildings 22 €246,858 €235,931 -€10,927 -4.4%
Plant, machinery and equipment 23 €765 €573 -€191 -25.0%
Furniture and vehicles 24 €2,850 €1,101 -€1,748 -61.4%
Other tangible fixed assets 26 €1,326 €1,083 -€242 -18.3%
Current assets 29/58 €206,727 €132,183 -€74,544 -36.1%
Amounts receivable within one year 40/41 €69,720 €105,689 +€35,969 +51.6%
Trade receivables 40 €19,720 €4,588 -€15,132 -76.7%
Other amounts receivable 41 €50,000 €101,101 +€51,101 +102.2%
Cash at bank and in hand 54/58 €136,135 €25,711 -€110,424 -81.1%
Deferred charges and accrued income 490/1 €872 €784 -€88 -10.1%
Total equity and liabilities 10/49 €458,525 €370,873 -€87,652 -19.1%
Equity 10/15 €240,815 €187,167 -€53,648 -22.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €1,907 €1,907 = 0.0%
Tax-exempt reserves 132 €47 €47 = 0.0%
Distributable reserves 133 €1,860 €1,860 = 0.0%
Profit (loss) carried forward 14 €220,308 €166,660 -€53,648 -24.4%
Amounts payable 17/49 €217,709 €183,706 -€34,004 -15.6%
Amounts payable after more than one year 17 €155,270 €140,441 -€14,829 -9.6%
Financial debts 170/4 €155,270 €140,441 -€14,829 -9.6%
Other amounts payable 178/9 €0 - =
Amounts payable within one year 42/48 €61,266 €42,433 -€18,833 -30.7%
Current portion of amounts payable after more than one year 42 €14,679 €14,829 +€150 +1.0%
Trade debts 44 €4,338 €2,953 -€1,385 -31.9%
Suppliers 440/4 €4,338 €2,953 -€1,385 -31.9%
Taxes, remuneration and social security 45 €26,077 €8,546 -€17,530 -67.2%
Taxes 450/3 €26,077 €8,546 -€17,530 -67.2%
Other amounts payable 47/48 €16,172 €16,104 -€67 -0.4%
Accrued charges and deferred income 492/3 €1,174 €832 -€342 -29.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,416 €13,108 -€308 -2.3%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €5,370 -€810 -€6,180
Other operating charges 640/8 €1,135 €1,462 +€328 +28.9%
Gross operating margin 9900 €43,502 €24,493 -€19,008 -43.7%
Operating profit (loss) 9901 €23,581 €10,733 -€12,848 -54.5%
Financial income 75/76B €388 €0 -€388 -100.0%
Recurring financial income 75 €388 €0 -€388 -100.0%
Financial charges 65/66B €3,116 €3,170 +€53 +1.7%
Recurring financial charges 65 €3,116 €3,170 +€53 +1.7%
Profit (loss) for the period before taxes 9903 €20,852 €7,563 -€13,289 -63.7%
Income taxes 67/77 €5,246 €2,388 -€2,859 -54.5%
Profit (loss) for the period 9904 €15,605 €5,175 -€10,430 -66.8%
Profit (loss) for the period to be appropriated 9905 €15,605 €5,175 -€10,430 -66.8%

Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.