DE JACOB: 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.
DE JACOB
Largest movements
- Tangible fixed assets -€29,512
down €29,512 (-40.9%), from €72,139 to €42,628
of which Furniture and vehicles: -€18,803
- Cash +€15,464
up €15,464 (+6.8%), from €228,770 to €244,234
mainly Depreciation (+€30,718) and Other debts (+€2,193)
- Receivables within one year +€13,141
up €13,141 (+191.3%), from €6,870 to €20,011
of which Other amounts receivable: +€8,921
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€38,992
down €38,992 (-16.4%), from €238,060 to €199,068
- Depreciation -€10,257
down €10,257 (-25.0%), from €40,975 to €30,718
- Other operating charges -€6,457
down €6,457 (-55.6%), from €11,607 to €5,150
- Taxes -€5,845
down €5,845 (-47.6%), from €12,291 to €6,446
- Staff costs -€4,614
down €4,614 (-2.9%), from €161,079 to €156,465
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 | €342,891 | €344,093 | +€1,201 | +0.4% |
| Fixed assets | 21/28 | €79,081 | €49,570 | -€29,512 | -37.3% |
| Tangible fixed assets | 22/27 | €72,139 | €42,628 | -€29,512 | -40.9% |
| Land and buildings | 22 | - | €1,195 | +€1,195 | |
| Plant, machinery and equipment | 23 | €24,308 | €15,422 | -€8,886 | -36.6% |
| Furniture and vehicles | 24 | €41,526 | €22,723 | -€18,803 | -45.3% |
| Other tangible fixed assets | 26 | €6,306 | €3,288 | -€3,018 | -47.9% |
| Financial fixed assets | 28 | €6,942 | €6,942 | = | 0.0% |
| Current assets | 29/58 | €263,810 | €294,523 | +€30,713 | +11.6% |
| Stocks and contracts in progress | 3 | €9,107 | €9,778 | +€672 | +7.4% |
| Stocks | 30/36 | €9,107 | €9,778 | +€672 | +7.4% |
| Amounts receivable within one year | 40/41 | €6,870 | €20,011 | +€13,141 | +191.3% |
| Trade receivables | 40 | €2,727 | €6,947 | +€4,220 | +154.8% |
| Other amounts receivable | 41 | €4,143 | €13,064 | +€8,921 | +215.3% |
| Cash at bank and in hand | 54/58 | €228,770 | €244,234 | +€15,464 | +6.8% |
| Deferred charges and accrued income | 490/1 | €19,063 | €20,499 | +€1,437 | +7.5% |
| Total equity and liabilities | 10/49 | €342,891 | €344,093 | +€1,201 | +0.4% |
| Equity | 10/15 | €275,516 | €275,885 | +€369 | +0.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €256,616 | €256,616 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,607 | €31,607 | = | 0.0% |
| Distributable reserves | 133 | €225,009 | €225,009 | = | 0.0% |
| Profit (loss) carried forward | 14 | €308 | €676 | +€369 | +119.8% |
| Amounts payable | 17/49 | €67,375 | €68,208 | +€833 | +1.2% |
| Amounts payable within one year | 42/48 | €67,375 | €68,208 | +€833 | +1.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €24,378 | €23,586 | -€792 | -3.3% |
| Suppliers | 440/4 | €24,378 | €23,586 | -€792 | -3.3% |
| Advances received on contracts in progress | 46 | €250 | €250 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €41,077 | €40,510 | -€568 | -1.4% |
| Taxes | 450/3 | €20,504 | €17,774 | -€2,730 | -13.3% |
| Remuneration and social security | 454/9 | €20,574 | €22,735 | +€2,162 | +10.5% |
| Other amounts payable | 47/48 | €1,670 | €3,863 | +€2,193 | +131.3% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €161,079 | €156,465 | -€4,614 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,975 | €30,718 | -€10,257 | -25.0% |
| Other operating charges | 640/8 | €11,607 | €5,150 | -€6,457 | -55.6% |
| Gross operating margin | 9900 | €238,060 | €199,068 | -€38,992 | -16.4% |
| Operating profit (loss) | 9901 | €24,399 | €6,735 | -€17,664 | -72.4% |
| Financial income | 75/76B | €181 | €153 | -€28 | -15.4% |
| Recurring financial income | 75 | €181 | €153 | -€28 | -15.4% |
| Financial charges | 65/66B | €5 | €74 | +€69 | +1488.6% |
| Recurring financial charges | 65 | €5 | €74 | +€69 | +1488.6% |
| Profit (loss) for the period before taxes | 9903 | €24,576 | €6,814 | -€17,761 | -72.3% |
| Income taxes | 67/77 | €12,291 | €6,446 | -€5,845 | -47.6% |
| Profit (loss) for the period | 9904 | €12,285 | €369 | -€11,916 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,285 | €369 | -€11,916 | -97.0% |
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 1 October 2026 via checked.be.