DR. H. 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.
DR. H. JACOBS
Largest movements
- Cash +€58,167
up €58,167 (+226%), from €25,739 to €83,906
mainly Deferred charges and accrued income (+€55,415) and Depreciation (+€54,793)
- Deferred charges and accrued income -€55,415
down €55,415 (-29.1%), from €190,280 to €134,865
- Tangible fixed assets +€33,770
up €33,770 (+26.6%), from €126,976 to €160,746
of which Plant, machinery and equipment: +€69,530
- Other debts +€52,891
up €52,891 (+69.6%), from €75,989 to €128,880
- Profit (loss) carried forward -€35,036
down €35,036 (-122%), from -€28,623 to -€63,659
- Current portion of long-term debt +€10,619
up €10,619 (+30.3%), from €35,035 to €45,654
- Trade debts +€8,332
up €8,332 (+412%), from €2,020 to €10,352
- Gross operating margin -€58,704
down €58,704 (-29.9%), from €196,590 to €137,886
- Financial charges -€5,719
down €5,719 (-69.7%), from €8,202 to €2,483
- Staff costs +€4,181
up €4,181 (+3.9%), from €108,369 to €112,550
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 | €347,135 | €383,839 | +€36,704 | +10.6% |
| Fixed assets | 21/28 | €131,116 | €164,886 | +€33,770 | +25.8% |
| Tangible fixed assets | 22/27 | €126,976 | €160,746 | +€33,770 | +26.6% |
| Land and buildings | 22 | €43,292 | €21,979 | -€21,313 | -49.2% |
| Plant, machinery and equipment | 23 | €27,892 | €97,422 | +€69,530 | +249% |
| Furniture and vehicles | 24 | €55,792 | €41,346 | -€14,446 | -25.9% |
| Financial fixed assets | 28 | €4,140 | €4,140 | = | 0.0% |
| Current assets | 29/58 | €216,018 | €218,953 | +€2,934 | +1.4% |
| Amounts receivable within one year | 40/41 | - | €182 | +€182 | |
| Other amounts receivable | 41 | - | €182 | +€182 | |
| Cash at bank and in hand | 54/58 | €25,739 | €83,906 | +€58,167 | +226% |
| Deferred charges and accrued income | 490/1 | €190,280 | €134,865 | -€55,415 | -29.1% |
| Total equity and liabilities | 10/49 | €347,135 | €383,839 | +€36,704 | +10.6% |
| Equity | 10/15 | €169,218 | €134,182 | -€35,036 | -20.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €179,241 | €179,241 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €179,241 | €179,241 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,623 | -€63,659 | -€35,036 | -122% |
| Amounts payable | 17/49 | €177,917 | €249,657 | +€71,740 | +40.3% |
| Amounts payable after more than one year | 17 | €41,900 | €44,682 | +€2,782 | +6.6% |
| Financial debts | 170/4 | €41,900 | €44,682 | +€2,782 | +6.6% |
| Amounts payable within one year | 42/48 | €135,541 | €204,656 | +€69,115 | +51.0% |
| Current portion of amounts payable after more than one year | 42 | €35,035 | €45,654 | +€10,619 | +30.3% |
| Trade debts | 44 | €2,020 | €10,352 | +€8,332 | +412% |
| Suppliers | 440/4 | €2,020 | €10,352 | +€8,332 | +412% |
| Taxes, remuneration and social security | 45 | €22,496 | €19,769 | -€2,727 | -12.1% |
| Taxes | 450/3 | €1,670 | €0 | -€1,670 | -100% |
| Remuneration and social security | 454/9 | €20,827 | €19,769 | -€1,057 | -5.1% |
| Other amounts payable | 47/48 | €75,989 | €128,880 | +€52,891 | +69.6% |
| Accrued charges and deferred income | 492/3 | €476 | €319 | -€158 | -33.1% |
| Remuneration, social security and pensions | 62 | €108,369 | €112,550 | +€4,181 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,274 | €54,793 | +€1,519 | +2.9% |
| Other operating charges | 640/8 | €3,240 | €2,721 | -€519 | -16.0% |
| Non-recurring operating charges | 66A | €3,727 | €0 | -€3,727 | -100% |
| Gross operating margin | 9900 | €196,590 | €137,886 | -€58,704 | -29.9% |
| Operating profit (loss) | 9901 | €27,980 | -€32,178 | -€60,158 | |
| Financial income | 75/76B | €3 | €8 | +€5 | +157% |
| Recurring financial income | 75 | €3 | €8 | +€5 | +157% |
| Financial charges | 65/66B | €8,202 | €2,483 | -€5,719 | -69.7% |
| Recurring financial charges | 65 | €8,202 | €2,483 | -€5,719 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €19,781 | -€34,652 | -€54,433 | |
| Income taxes | 67/77 | €353 | €383 | +€31 | +8.7% |
| Profit (loss) for the period | 9904 | €19,429 | -€35,036 | -€54,464 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,429 | -€35,036 | -€54,464 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.