Dr. J. 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. J. Jacobs
Largest movements
- Current investments -€166,000
down €166,000 (-68.9%), from €241,000 to €75,000
- Cash -€108,166
down €108,166 (-60.8%), from €177,961 to €69,796
mainly Contributions, distributions and other (-€452,783) and Other debts (-€192,929)
- Deferred charges and accrued income +€46,241
up €46,241 (+49.0%), from €94,312 to €140,553
- Tangible fixed assets +€37,470
up €37,470 (+45.3%), from €82,671 to €120,142
of which Furniture and vehicles: +€39,641
- Intangible fixed assets -€17,500
down €17,500 (-27.9%), from €62,708 to €45,208
- Other debts -€192,929
down €192,929 (-30.7%), from €628,292 to €435,363
- Tax, wage and social debts -€7,520
down €7,520 (-87.5%), from €8,593 to €1,073
- Gross operating margin -€71,067
down €71,067 (-10.0%), from €712,889 to €641,822
- Taxes -€20,316
down €20,316 (-12.3%), from €165,780 to €145,464
- Depreciation +€12,169
up €12,169 (+34.5%), from €35,261 to €47,430
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 | €658,653 | €456,369 | -€202,285 | -30.7% |
| Fixed assets | 21/28 | €145,380 | €165,350 | +€19,970 | +13.7% |
| Intangible fixed assets | 21 | €62,708 | €45,208 | -€17,500 | -27.9% |
| Tangible fixed assets | 22/27 | €82,671 | €120,142 | +€37,470 | +45.3% |
| Furniture and vehicles | 24 | €73,467 | €113,108 | +€39,641 | +54.0% |
| Other tangible fixed assets | 26 | €9,204 | €7,034 | -€2,170 | -23.6% |
| Current assets | 29/58 | €513,273 | €291,019 | -€222,255 | -43.3% |
| Amounts receivable within one year | 40/41 | - | €5,670 | +€5,670 | |
| Other amounts receivable | 41 | - | €5,670 | +€5,670 | |
| Current investments | 50/53 | €241,000 | €75,000 | -€166,000 | -68.9% |
| Cash at bank and in hand | 54/58 | €177,961 | €69,796 | -€108,166 | -60.8% |
| Deferred charges and accrued income | 490/1 | €94,312 | €140,553 | +€46,241 | +49.0% |
| Total equity and liabilities | 10/49 | €658,653 | €456,369 | -€202,285 | -30.7% |
| Equity | 10/15 | €19,528 | €18,600 | -€928 | -4.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €928 | €0 | -€928 | -100% |
| Amounts payable | 17/49 | €639,125 | €437,769 | -€201,357 | -31.5% |
| Amounts payable within one year | 42/48 | €639,125 | €437,769 | -€201,357 | -31.5% |
| Trade debts | 44 | €2,241 | €1,333 | -€908 | -40.5% |
| Suppliers | 440/4 | €2,241 | €1,333 | -€908 | -40.5% |
| Taxes, remuneration and social security | 45 | €8,593 | €1,073 | -€7,520 | -87.5% |
| Taxes | 450/3 | €8,593 | €1,073 | -€7,520 | -87.5% |
| Other amounts payable | 47/48 | €628,292 | €435,363 | -€192,929 | -30.7% |
| Non-recurring operating income | 76A | - | €13,429 | +€13,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,261 | €47,430 | +€12,169 | +34.5% |
| Other operating charges | 640/8 | €795 | €790 | -€5 | -0.6% |
| Gross operating margin | 9900 | €712,889 | €641,822 | -€71,067 | -10.0% |
| Operating profit (loss) | 9901 | €676,832 | €593,601 | -€83,231 | -12.3% |
| Financial income | 75/76B | €6,018 | €3,802 | -€2,216 | -36.8% |
| Recurring financial income | 75 | €6,018 | €3,802 | -€2,216 | -36.8% |
| Financial charges | 65/66B | €58 | €84 | +€27 | +46.4% |
| Recurring financial charges | 65 | €58 | €84 | +€27 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €682,793 | €597,319 | -€85,474 | -12.5% |
| Income taxes | 67/77 | €165,780 | €145,464 | -€20,316 | -12.3% |
| Profit (loss) for the period | 9904 | €517,013 | €451,855 | -€65,158 | -12.6% |
| Profit (loss) for the period to be appropriated | 9905 | €517,013 | €451,855 | -€65,158 | -12.6% |
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 16 October 2026 via checked.be.