Chantal Jacobs: 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.
Chantal Jacobs
Largest movements
- Cash +€50,639
up €50,639 (+15.8%), from €320,922 to €371,561
mainly Net result for the year (+€182,204) and Other debts (+€37,733)
- Other debts +€37,733
up €37,733 (+32.7%), from €115,267 to €153,000
- Tax, wage and social debts +€8,010
up €8,010 (+30.2%), from €26,491 to €34,501
of which Taxes: +€8,010
- Gross operating margin +€27,579
up €27,579 (+13.1%), from €210,647 to €238,227
- Taxes +€6,654
up €6,654 (+14.0%), from €47,697 to €54,351
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 | €326,316 | €373,186 | +€46,870 | +14.4% |
| Fixed assets | 21/28 | €2,339 | €1,445 | -€894 | -38.2% |
| Tangible fixed assets | 22/27 | €2,339 | €1,445 | -€894 | -38.2% |
| Furniture and vehicles | 24 | €2,339 | €1,445 | -€894 | -38.2% |
| Current assets | 29/58 | €323,978 | €371,742 | +€47,764 | +14.7% |
| Amounts receivable within one year | 40/41 | €3,010 | €134 | -€2,875 | -95.5% |
| Trade receivables | 40 | - | €134 | +€134 | |
| Other amounts receivable | 41 | €3,010 | €0 | -€3,010 | -100% |
| Cash at bank and in hand | 54/58 | €320,922 | €371,561 | +€50,639 | +15.8% |
| Deferred charges and accrued income | 490/1 | €46 | €46 | = | 0.0% |
| Total equity and liabilities | 10/49 | €326,316 | €373,186 | +€46,870 | +14.4% |
| Equity | 10/15 | €183,481 | €185,685 | +€2,204 | +1.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €182,481 | €184,685 | +€2,204 | +1.2% |
| Distributable reserves | 133 | €182,481 | €184,685 | +€2,204 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €142,835 | €187,501 | +€44,666 | +31.3% |
| Amounts payable within one year | 42/48 | €142,835 | €187,501 | +€44,666 | +31.3% |
| Trade debts | 44 | €1,077 | €0 | -€1,077 | -100% |
| Suppliers | 440/4 | €1,077 | €0 | -€1,077 | -100% |
| Taxes, remuneration and social security | 45 | €26,491 | €34,501 | +€8,010 | +30.2% |
| Taxes | 450/3 | €23,791 | €31,801 | +€8,010 | +33.7% |
| Remuneration and social security | 454/9 | €2,700 | €2,700 | = | 0.0% |
| Other amounts payable | 47/48 | €115,267 | €153,000 | +€37,733 | +32.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €324 | €894 | +€570 | +176% |
| Other operating charges | 640/8 | €635 | €648 | +€12 | +2.0% |
| Gross operating margin | 9900 | €210,647 | €238,227 | +€27,579 | +13.1% |
| Operating profit (loss) | 9901 | €209,688 | €236,685 | +€26,997 | +12.9% |
| Financial charges | 65/66B | €487 | €130 | -€357 | -73.2% |
| Recurring financial charges | 65 | €338 | €130 | -€208 | -61.5% |
| Non-recurring financial charges | 66B | €149 | €0 | -€149 | -100% |
| Profit (loss) for the period before taxes | 9903 | €209,201 | €236,555 | +€27,354 | +13.1% |
| Income taxes | 67/77 | €47,697 | €54,351 | +€6,654 | +14.0% |
| Profit (loss) for the period | 9904 | €161,504 | €182,204 | +€20,700 | +12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €161,504 | €182,204 | +€20,700 | +12.8% |
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 21 October 2026 via checked.be.