Dak 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.
Dak Jacobs
Largest movements
- Tangible fixed assets +€160,635
up €160,635 (+71.9%), from €223,490 to €384,125
of which Leasing and similar rights: +€162,316
- Cash +€106,680
up €106,680 (+148.5%), from €71,817 to €178,497
mainly Debts after one year (+€149,605) and Depreciation (+€70,316)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year +€41,028
up €41,028 (+129.9%), from €31,595 to €72,623
of which Other amounts receivable: +€27,714
- Debts after one year +€149,605
up €149,605 (+204.5%), from €73,157 to €222,762
- Profit (loss) carried forward +€64,479
up €64,479 (+1720.9%), from €3,747 to €68,226
- Trade debts +€38,544
up €38,544 (+148.4%), from €25,971 to €64,515
- Current portion of long-term debt +€20,856
up €20,856 (+52.9%), from €39,408 to €60,264
- Tax, wage and social debts -€11,423
down €11,423 (-63.9%), from €17,880 to €6,458
- Gross operating margin -€12,062
down €12,062 (-6.2%), from €195,908 to €183,846
- Depreciation +€11,935
up €11,935 (+20.4%), from €58,381 to €70,316
- Taxes -€10,058
down €10,058 (-24.3%), from €41,421 to €31,363
- Financial charges +€5,633
up €5,633 (+91.6%), from €6,151 to €11,783
- Staff costs +€3,325
new in 2025: €3,325
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 | €390,547 | €649,564 | +€259,016 | +66.3% |
| Fixed assets | 21/28 | €223,490 | €384,125 | +€160,635 | +71.9% |
| Tangible fixed assets | 22/27 | €223,490 | €384,125 | +€160,635 | +71.9% |
| Plant, machinery and equipment | 23 | €50,818 | €38,212 | -€12,607 | -24.8% |
| Furniture and vehicles | 24 | €101,486 | €112,000 | +€10,514 | +10.4% |
| Leasing and similar rights | 25 | €53,369 | €215,685 | +€162,316 | +304.1% |
| Other tangible fixed assets | 26 | €17,817 | €18,229 | +€412 | +2.3% |
| Current assets | 29/58 | €167,057 | €265,439 | +€98,382 | +58.9% |
| Stocks and contracts in progress | 3 | €12,850 | €13,600 | +€750 | +5.8% |
| Stocks | 30/36 | €12,850 | €13,600 | +€750 | +5.8% |
| Amounts receivable within one year | 40/41 | €31,595 | €72,623 | +€41,028 | +129.9% |
| Trade receivables | 40 | €22,264 | €35,578 | +€13,314 | +59.8% |
| Other amounts receivable | 41 | €9,331 | €37,045 | +€27,714 | +297.0% |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €71,817 | €178,497 | +€106,680 | +148.5% |
| Deferred charges and accrued income | 490/1 | €796 | €719 | -€77 | -9.7% |
| Total equity and liabilities | 10/49 | €390,547 | €649,564 | +€259,016 | +66.3% |
| Equity | 10/15 | €219,747 | €284,226 | +€64,479 | +29.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €211,000 | €211,000 | = | 0.0% |
| Distributable reserves | 133 | €211,000 | €211,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,747 | €68,226 | +€64,479 | +1720.9% |
| Amounts payable | 17/49 | €170,801 | €365,338 | +€194,537 | +113.9% |
| Amounts payable after more than one year | 17 | €73,157 | €222,762 | +€149,605 | +204.5% |
| Financial debts | 170/4 | €73,157 | €222,762 | +€149,605 | +204.5% |
| Amounts payable within one year | 42/48 | €93,117 | €141,433 | +€48,316 | +51.9% |
| Current portion of amounts payable after more than one year | 42 | €39,408 | €60,264 | +€20,856 | +52.9% |
| Trade debts | 44 | €25,971 | €64,515 | +€38,544 | +148.4% |
| Suppliers | 440/4 | €25,971 | €64,515 | +€38,544 | +148.4% |
| Taxes, remuneration and social security | 45 | €17,880 | €6,458 | -€11,423 | -63.9% |
| Taxes | 450/3 | €17,880 | €6,458 | -€11,423 | -63.9% |
| Other amounts payable | 47/48 | €9,858 | €10,196 | +€339 | +3.4% |
| Accrued charges and deferred income | 492/3 | €4,527 | €1,144 | -€3,383 | -74.7% |
| Remuneration, social security and pensions | 62 | - | €3,325 | +€3,325 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,381 | €70,316 | +€11,935 | +20.4% |
| Other operating charges | 640/8 | €1,942 | €2,795 | +€853 | +43.9% |
| Gross operating margin | 9900 | €195,908 | €183,846 | -€12,062 | -6.2% |
| Operating profit (loss) | 9901 | €135,585 | €107,411 | -€28,174 | -20.8% |
| Financial income | 75/76B | €11 | €214 | +€204 | +1926.1% |
| Recurring financial income | 75 | €11 | €214 | +€204 | +1926.1% |
| Financial charges | 65/66B | €6,151 | €11,783 | +€5,633 | +91.6% |
| Recurring financial charges | 65 | €6,151 | €11,783 | +€5,633 | +91.6% |
| Profit (loss) for the period before taxes | 9903 | €129,445 | €95,841 | -€33,604 | -26.0% |
| Income taxes | 67/77 | €41,421 | €31,363 | -€10,058 | -24.3% |
| Profit (loss) for the period | 9904 | €88,024 | €64,479 | -€23,546 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,024 | €64,479 | -€23,546 | -26.7% |
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.