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ALGwerkenJACOBS: 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

ALGwerkenJACOBS

BE 0779.928.005
NACE 43.910, Bricklaying and masonry work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€19,802
2023 · €22,325-€2,524
Equity
€51,956
2023 · €32,154+€19,802
Cash
€4,341
2023 · €10,003-€5,662
Balance sheet total
€71,786
2023 · €42,345+€29,441

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€34,926

    up €34,926 (+150.4%), from €23,218 to €58,145

    of which Trade receivables: +€19,098

  • Cash -€5,662

    down €5,662 (-56.6%), from €10,003 to €4,341

    mainly Receivables within one year (-€34,926) and Investment in fixed assets (net) (-€1,057)

Equity and liabilities
  • Reserves +€19,000

    up €19,000 (+85.4%), from €22,250 to €41,250

  • Tax, wage and social debts +€8,730

    up €8,730 (+100.5%), from €8,683 to €17,413

    of which Taxes: +€7,958

  • Trade debts +€910

    up €910 (+60.3%), from €1,508 to €2,417

  • Profit (loss) carried forward +€802

    up €802 (+10.1%), from €7,904 to €8,706

Income statement
  • Gross operating margin -€2,054

    down €2,054 (-6.5%), from €31,625 to €29,570

  • Depreciation +€860

    up €860 (+130.7%), from €658 to €1,518

  • Taxes -€788

    down €788 (-9.3%), from €8,447 to €7,659

  • Other operating charges +€398

    up €398 (+317.6%), from €125 to €523

From the 2023 result to the 2024 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 2023 €22,325
Gross operating margin -€2,054
Depreciation -€860
Other operating charges -€398
Financial income +€0
Financial charges -€0
Taxes +€788
Result 2024 €19,802

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€4,605
Investment -€1,057
Financing €0
Cash 2023 €10,003
Net result for the year +€19,802
Depreciation +€1,518
Receivables within one year -€34,926
Deferred charges and accrued income -€637
Trade debts +€910
Tax, wage and social debts +€8,730
Investment in fixed assets (net) -€1,057
Cash 2024 €4,341
Every line side by side 35 lines
Line Code 2023 2024 Change %
Total assets 20/58 €42,345 €71,786 +€29,441 +69.5%
Fixed assets 21/28 €6,204 €5,744 -€461 -7.4%
Tangible fixed assets 22/27 €6,204 €5,744 -€461 -7.4%
Furniture and vehicles 24 €6,204 €5,744 -€461 -7.4%
Current assets 29/58 €36,141 €66,043 +€29,902 +82.7%
Amounts receivable within one year 40/41 €23,218 €58,145 +€34,926 +150.4%
Trade receivables 40 €7,580 €26,678 +€19,098 +251.9%
Other amounts receivable 41 €15,638 €31,467 +€15,829 +101.2%
Cash at bank and in hand 54/58 €10,003 €4,341 -€5,662 -56.6%
Deferred charges and accrued income 490/1 €2,919 €3,556 +€637 +21.8%
Total equity and liabilities 10/49 €42,345 €71,786 +€29,441 +69.5%
Equity 10/15 €32,154 €51,956 +€19,802 +61.6%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €22,250 €41,250 +€19,000 +85.4%
Distributable reserves 133 €22,250 €41,250 +€19,000 +85.4%
Profit (loss) carried forward 14 €7,904 €8,706 +€802 +10.1%
Amounts payable 17/49 €10,191 €19,830 +€9,639 +94.6%
Amounts payable within one year 42/48 €10,191 €19,830 +€9,639 +94.6%
Trade debts 44 €1,508 €2,417 +€910 +60.3%
Suppliers 440/4 €1,508 €2,417 +€910 +60.3%
Taxes, remuneration and social security 45 €8,683 €17,413 +€8,730 +100.5%
Taxes 450/3 €8,683 €16,641 +€7,958 +91.6%
Remuneration and social security 454/9 - €772 +€772
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €658 €1,518 +€860 +130.7%
Other operating charges 640/8 €125 €523 +€398 +317.6%
Gross operating margin 9900 €31,625 €29,570 -€2,054 -6.5%
Operating profit (loss) 9901 €30,841 €27,530 -€3,312 -10.7%
Financial income 75/76B - €0 +€0
Recurring financial income 75 - €0 +€0
Financial charges 65/66B €69 €69 +€0 +0.1%
Recurring financial charges 65 €69 €69 +€0 +0.1%
Profit (loss) for the period before taxes 9903 €30,772 €27,460 -€3,312 -10.8%
Income taxes 67/77 €8,447 €7,659 -€788 -9.3%
Profit (loss) for the period 9904 €22,325 €19,802 -€2,524 -11.3%
Profit (loss) for the period to be appropriated 9905 €22,325 €19,802 -€2,524 -11.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.