CINDY 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.
CINDY JACOBS
Largest movements
- Cash +€30,064
up €30,064 (+59.7%), from €50,334 to €80,398
mainly Net result for the year (+€23,371) and Depreciation (+€12,464)
- Tangible fixed assets -€12,464
down €12,464 (-45.4%), from €27,474 to €15,010
- Receivables within one year +€8,323
up €8,323 (+169%), from €4,939 to €13,263
of which Other amounts receivable: +€6,346
- Reserves +€23,371
up €23,371 (+38.5%), from €60,694 to €84,065
- Tax, wage and social debts +€4,478
up €4,478 (+61.3%), from €7,308 to €11,786
of which Taxes: +€6,150
- Trade debts -€1,925
down €1,925 (-82.1%), from €2,346 to €420
- Gross operating margin +€17,557
up €17,557 (+63.3%), from €27,749 to €45,306
- Taxes +€3,918
up €3,918 (+68.8%), from €5,696 to €9,614
- Depreciation -€512
down €512 (-3.9%), from €12,976 to €12,464
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 | €82,748 | €108,671 | +€25,924 | +31.3% |
| Fixed assets | 21/28 | €27,474 | €15,010 | -€12,464 | -45.4% |
| Tangible fixed assets | 22/27 | €27,474 | €15,010 | -€12,464 | -45.4% |
| Furniture and vehicles | 24 | €27,474 | €15,010 | -€12,464 | -45.4% |
| Current assets | 29/58 | €55,274 | €93,661 | +€38,387 | +69.4% |
| Amounts receivable within one year | 40/41 | €4,939 | €13,263 | +€8,323 | +169% |
| Trade receivables | 40 | €368 | €2,345 | +€1,977 | +538% |
| Other amounts receivable | 41 | €4,572 | €10,918 | +€6,346 | +139% |
| Cash at bank and in hand | 54/58 | €50,334 | €80,398 | +€30,064 | +59.7% |
| Total equity and liabilities | 10/49 | €82,748 | €108,671 | +€25,924 | +31.3% |
| Equity | 10/15 | €73,094 | €96,465 | +€23,371 | +32.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €60,694 | €84,065 | +€23,371 | +38.5% |
| Distributable reserves | 133 | €60,694 | €84,065 | +€23,371 | +38.5% |
| Amounts payable | 17/49 | €9,654 | €12,206 | +€2,552 | +26.4% |
| Amounts payable within one year | 42/48 | €9,654 | €12,206 | +€2,552 | +26.4% |
| Trade debts | 44 | €2,346 | €420 | -€1,925 | -82.1% |
| Suppliers | 440/4 | €2,346 | €420 | -€1,925 | -82.1% |
| Taxes, remuneration and social security | 45 | €7,308 | €11,786 | +€4,478 | +61.3% |
| Taxes | 450/3 | €5,636 | €11,786 | +€6,150 | +109% |
| Remuneration and social security | 454/9 | €1,673 | - | -€1,673 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,976 | €12,464 | -€512 | -3.9% |
| Other operating charges | 640/8 | €216 | €331 | +€115 | +53.4% |
| Gross operating margin | 9900 | €27,749 | €45,306 | +€17,557 | +63.3% |
| Operating profit (loss) | 9901 | €14,557 | €32,512 | +€17,955 | +123% |
| Financial income | 75/76B | €313 | €735 | +€423 | +135% |
| Recurring financial income | 75 | €313 | €735 | +€423 | +135% |
| Financial charges | 65/66B | €124 | €262 | +€138 | +111% |
| Recurring financial charges | 65 | €124 | €262 | +€138 | +111% |
| Profit (loss) for the period before taxes | 9903 | €14,746 | €32,985 | +€18,240 | +124% |
| Income taxes | 67/77 | €5,696 | €9,614 | +€3,918 | +68.8% |
| Profit (loss) for the period | 9904 | €9,050 | €23,371 | +€14,321 | +158% |
| Profit (loss) for the period to be appropriated | 9905 | €9,050 | €23,371 | +€14,321 | +158% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.