DR. JACOBS ANDRE: 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. JACOBS ANDRE
Largest movements
- Cash +€19,262
up €19,262 (+17.1%), from €112,932 to €132,194
mainly Net result for the year (+€71,176) and Other debts (+€11,587)
- Other debts +€11,587
up €11,587 (+18.7%), from €61,871 to €73,458
- Gross operating margin +€11,211
up €11,211 (+13.5%), from €83,330 to €94,541
- Financial income +€4,780
up €4,780 (+67.5%), from €7,077 to €11,857
- Taxes +€4,530
up €4,530 (+15.1%), from €30,046 to €34,576
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 | €488,271 | €500,143 | +€11,872 | +2.4% |
| Current assets | 29/58 | €488,271 | €500,143 | +€11,872 | +2.4% |
| Amounts receivable within one year | 40/41 | €4,279 | - | -€4,279 | |
| Other amounts receivable | 41 | €4,279 | - | -€4,279 | |
| Current investments | 50/53 | €364,874 | €364,874 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €112,932 | €132,194 | +€19,262 | +17.1% |
| Deferred charges and accrued income | 490/1 | €6,186 | €3,075 | -€3,111 | -50.3% |
| Total equity and liabilities | 10/49 | €488,271 | €500,143 | +€11,872 | +2.4% |
| Equity | 10/15 | €422,601 | €419,777 | -€2,824 | -0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €410,201 | €407,377 | -€2,824 | -0.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €408,341 | €405,517 | -€2,824 | -0.7% |
| Amounts payable | 17/49 | €65,670 | €80,366 | +€14,696 | +22.4% |
| Amounts payable within one year | 42/48 | €65,670 | €79,955 | +€14,285 | +21.8% |
| Trade debts | 44 | €933 | - | -€933 | |
| Suppliers | 440/4 | €933 | - | -€933 | |
| Taxes, remuneration and social security | 45 | €2,866 | €6,497 | +€3,631 | +126.7% |
| Taxes | 450/3 | €2,866 | €6,497 | +€3,631 | +126.7% |
| Other amounts payable | 47/48 | €61,871 | €73,458 | +€11,587 | +18.7% |
| Accrued charges and deferred income | 492/3 | - | €411 | +€411 | |
| Other operating charges | 640/8 | €513 | €539 | +€26 | +5.1% |
| Gross operating margin | 9900 | €83,330 | €94,541 | +€11,211 | +13.5% |
| Operating profit (loss) | 9901 | €82,817 | €94,002 | +€11,185 | +13.5% |
| Financial income | 75/76B | €7,077 | €11,857 | +€4,780 | +67.5% |
| Recurring financial income | 75 | €7,077 | €11,857 | +€4,780 | +67.5% |
| Financial charges | 65/66B | €123 | €107 | -€16 | -13.0% |
| Recurring financial charges | 65 | €123 | €107 | -€16 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €89,771 | €105,752 | +€15,981 | +17.8% |
| Income taxes | 67/77 | €30,046 | €34,576 | +€4,530 | +15.1% |
| Profit (loss) for the period | 9904 | €59,725 | €71,176 | +€11,451 | +19.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,725 | €71,176 | +€11,451 | +19.2% |
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 9 October 2026 via checked.be.