BERT 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.
BERT JACOBS
Largest movements
- Cash -€312,652
down €312,652 (-99.0%), from €315,866 to €3,214
mainly Other debts (-€376,174) and Tax, wage and social debts (-€51,799)
- Tangible fixed assets -€13,835
down €13,835 (-3.4%), from €406,517 to €392,682
of which Land and buildings: -€11,070
- Other debts -€376,174
down €376,174 (-82.6%), from €455,356 to €79,182
- Reserves +€125,700
up €125,700 (+333.1%), from €37,741 to €163,442
- Tax, wage and social debts -€51,799
down €51,799 (-94.0%), from €55,124 to €3,325
- Debts after one year -€16,555
down €16,555 (-11.5%), from €144,092 to €127,537
- Gross operating margin +€24,490
up €24,490 (+11.6%), from €210,372 to €234,862
- Taxes +€6,549
up €6,549 (+15.7%), from €41,791 to €48,339
- Other operating charges -€6,351
down €6,351 (-69.7%), from €9,112 to €2,760
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 | €738,594 | €413,014 | -€325,580 | -44.1% |
| Fixed assets | 21/28 | €406,517 | €392,682 | -€13,835 | -3.4% |
| Tangible fixed assets | 22/27 | €406,517 | €392,682 | -€13,835 | -3.4% |
| Land and buildings | 22 | €396,058 | €384,988 | -€11,070 | -2.8% |
| Plant, machinery and equipment | 23 | €9,924 | €7,477 | -€2,447 | -24.7% |
| Furniture and vehicles | 24 | €534 | €216 | -€318 | -59.5% |
| Current assets | 29/58 | €332,078 | €20,332 | -€311,745 | -93.9% |
| Amounts receivable within one year | 40/41 | €14,104 | €16,122 | +€2,019 | +14.3% |
| Trade receivables | 40 | €10,890 | €11,028 | +€138 | +1.3% |
| Other amounts receivable | 41 | €3,214 | €5,094 | +€1,881 | +58.5% |
| Cash at bank and in hand | 54/58 | €315,866 | €3,214 | -€312,652 | -99.0% |
| Deferred charges and accrued income | 490/1 | €2,108 | €996 | -€1,112 | -52.8% |
| Total equity and liabilities | 10/49 | €738,594 | €413,014 | -€325,580 | -44.1% |
| Equity | 10/15 | €56,341 | €182,042 | +€125,700 | +223.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,741 | €163,442 | +€125,700 | +333.1% |
| Distributable reserves | 133 | €37,741 | €163,442 | +€125,700 | +333.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €682,253 | €230,972 | -€451,280 | -66.1% |
| Amounts payable after more than one year | 17 | €144,092 | €127,537 | -€16,555 | -11.5% |
| Financial debts | 170/4 | €144,092 | €127,537 | -€16,555 | -11.5% |
| Amounts payable within one year | 42/48 | €535,514 | €101,365 | -€434,149 | -81.1% |
| Current portion of amounts payable after more than one year | 42 | €16,261 | €16,555 | +€294 | +1.8% |
| Trade debts | 44 | €8,773 | €2,303 | -€6,470 | -73.7% |
| Suppliers | 440/4 | €8,773 | €2,303 | -€6,470 | -73.7% |
| Taxes, remuneration and social security | 45 | €55,124 | €3,325 | -€51,799 | -94.0% |
| Taxes | 450/3 | €55,124 | €3,325 | -€51,799 | -94.0% |
| Other amounts payable | 47/48 | €455,356 | €79,182 | -€376,174 | -82.6% |
| Accrued charges and deferred income | 492/3 | €2,647 | €2,070 | -€577 | -21.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,158 | €17,435 | +€277 | +1.6% |
| Other operating charges | 640/8 | €9,112 | €2,760 | -€6,351 | -69.7% |
| Non-recurring operating charges | 66A | €784 | €0 | -€784 | -100.0% |
| Gross operating margin | 9900 | €210,372 | €234,862 | +€24,490 | +11.6% |
| Operating profit (loss) | 9901 | €183,318 | €214,667 | +€31,349 | +17.1% |
| Financial income | 75/76B | €0 | €99 | +€99 | |
| Recurring financial income | 75 | €0 | €99 | +€99 | |
| Financial charges | 65/66B | €3,931 | €2,985 | -€947 | -24.1% |
| Recurring financial charges | 65 | €3,931 | €2,985 | -€947 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €179,387 | €211,781 | +€32,394 | +18.1% |
| Income taxes | 67/77 | €41,791 | €48,339 | +€6,549 | +15.7% |
| Profit (loss) for the period | 9904 | €137,596 | €163,442 | +€25,846 | +18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €137,596 | €163,442 | +€25,846 | +18.8% |
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 29 September 2026 via checked.be.