B. Jacobs: 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.
B. Jacobs
Largest movements
- Current investments -€288,398
down €288,398 (-54.8%), from €525,841 to €237,444
- Cash +€222,022
up €222,022 (+147.2%), from €150,832 to €372,854
mainly Current investments (+€288,398) and Other debts (+€208,853)
- Intangible fixed assets -€45,000
down €45,000 (-44.4%), from €101,250 to €56,250
- Receivables within one year -€17,223
down €17,223 (-54.9%), from €31,348 to €14,125
of which Other amounts receivable: -€31,348
- Tangible fixed assets +€15,743
up €15,743 (+22.6%), from €69,646 to €85,390
of which Furniture and vehicles: +€15,877
- Reserves -€309,222
down €309,222 (-36.6%), from €843,975 to €534,753
of which Distributable reserves: -€309,222
- Other debts +€208,853
new in 2025: €208,853
- Tax, wage and social debts -€14,390
down €14,390 (-64.5%), from €22,320 to €7,929
- Gross operating margin -€39,712
down €39,712 (-15.0%), from €265,553 to €225,841
- Taxes -€13,468
down €13,468 (-20.7%), from €65,041 to €51,572
- Financial income +€3,072
up €3,072 (+33.9%), from €9,073 to €12,145
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.
Cash bridge derived
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 | €879,891 | €766,875 | -€113,016 | -12.8% |
| Fixed assets | 21/28 | €170,896 | €141,640 | -€29,257 | -17.1% |
| Intangible fixed assets | 21 | €101,250 | €56,250 | -€45,000 | -44.4% |
| Tangible fixed assets | 22/27 | €69,646 | €85,390 | +€15,743 | +22.6% |
| Land and buildings | 22 | €16,250 | €15,000 | -€1,250 | -7.7% |
| Plant, machinery and equipment | 23 | €1,602 | €2,718 | +€1,116 | +69.7% |
| Furniture and vehicles | 24 | €40,170 | €56,047 | +€15,877 | +39.5% |
| Other tangible fixed assets | 26 | €11,625 | €11,625 | = | 0.0% |
| Current assets | 29/58 | €708,994 | €625,235 | -€83,759 | -11.8% |
| Amounts receivable within one year | 40/41 | €31,348 | €14,125 | -€17,223 | -54.9% |
| Trade receivables | 40 | - | €14,125 | +€14,125 | |
| Other amounts receivable | 41 | €31,348 | €0 | -€31,348 | -100.0% |
| Current investments | 50/53 | €525,841 | €237,444 | -€288,398 | -54.8% |
| Cash at bank and in hand | 54/58 | €150,832 | €372,854 | +€222,022 | +147.2% |
| Deferred charges and accrued income | 490/1 | €973 | €813 | -€160 | -16.4% |
| Total equity and liabilities | 10/49 | €879,891 | €766,875 | -€113,016 | -12.8% |
| Equity | 10/15 | €856,375 | €547,153 | -€309,222 | -36.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €843,975 | €534,753 | -€309,222 | -36.6% |
| Tax-exempt reserves | 132 | €4,453 | €4,453 | = | 0.0% |
| Distributable reserves | 133 | €839,522 | €530,300 | -€309,222 | -36.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,516 | €219,722 | +€196,206 | +834.4% |
| Amounts payable within one year | 42/48 | €23,516 | €219,623 | +€196,107 | +833.9% |
| Trade debts | 44 | €1,196 | €2,840 | +€1,644 | +137.5% |
| Suppliers | 440/4 | €1,196 | €2,840 | +€1,644 | +137.5% |
| Taxes, remuneration and social security | 45 | €22,320 | €7,929 | -€14,390 | -64.5% |
| Taxes | 450/3 | €22,320 | €7,929 | -€14,390 | -64.5% |
| Other amounts payable | 47/48 | - | €208,853 | +€208,853 | |
| Accrued charges and deferred income | 492/3 | - | €99 | +€99 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,041 | €64,941 | +€1,900 | +3.0% |
| Other operating charges | 640/8 | €1,391 | €1,567 | +€176 | +12.6% |
| Gross operating margin | 9900 | €265,553 | €225,841 | -€39,712 | -15.0% |
| Operating profit (loss) | 9901 | €201,121 | €159,333 | -€41,788 | -20.8% |
| Financial income | 75/76B | €9,073 | €12,145 | +€3,072 | +33.9% |
| Recurring financial income | 75 | €9,073 | €12,145 | +€3,072 | +33.9% |
| Financial charges | 65/66B | €1,411 | €70 | -€1,341 | -95.0% |
| Recurring financial charges | 65 | €1,411 | €70 | -€1,341 | -95.0% |
| Profit (loss) for the period before taxes | 9903 | €208,783 | €171,408 | -€37,375 | -17.9% |
| Income taxes | 67/77 | €65,041 | €51,572 | -€13,468 | -20.7% |
| Profit (loss) for the period | 9904 | €143,743 | €119,836 | -€23,907 | -16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €143,743 | €119,836 | -€23,907 | -16.6% |
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 6 October 2026 via checked.be.