FORT JACO: 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.
What changed
FORT JACO
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€128,013
2024 · €104,740+€23,273
Equity
€574,416
2024 · €446,403+€128,013
Cash
€124,577
2024 · €97,183+€27,394
Balance sheet total
€3.7m
2024 · €3.8m-€61,923
Largest movements
Assets
- Tangible fixed assets -€104,891
down €104,891 (-3.3%), from €3.1m to €3.0m
Equity and liabilities
- Debts after one year -€205,027
down €205,027 (-8.3%), from €2.5m to €2.3m
- Reserves +€128,013
up €128,013 (+33.3%), from €384,403 to €512,416
of which Distributable reserves: +€128,013
Income statement
- Gross operating margin +€20,145
up €20,145 (+6.5%), from €308,327 to €328,472
- Financial income +€6,008
up €6,008 (+117%), from €5,146 to €11,154
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.
Result 2024
€104,740
Gross operating margin
+€20,145
Depreciation
-€1,090
Financial income
+€6,008
Financial charges
-€577
Taxes
-€1,213
Result 2025
€128,013
raises the resultlowers the result
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.
From operations
+€249,963
Investment
-€20,834
Financing
-€201,735
Cash 2024
€97,183
From operations (derived)
+€249,963
Net result for the year
+€128,013
Depreciation
+€125,725
Receivables within one year
-€11,137
Deferred charges and accrued income
-€4,437
Trade debts
+€6,597
Tax, wage and social debts
+€11,784
Other debts
-€6,853
Accrued charges and deferred income
+€271
Investment (derived)
-€20,834
Investment in fixed assets (net)
-€20,834
Financing
-€201,735
Debts after one year
-€205,027
Current portion of long-term debt
+€3,292
Cash 2025
€124,577
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,793,162 | €3,731,239 | -€61,923 | -1.6% |
| Fixed assets | 21/28 | €3,132,197 | €3,027,306 | -€104,891 | -3.3% |
| Tangible fixed assets | 22/27 | €3,132,197 | €3,027,306 | -€104,891 | -3.3% |
| Land and buildings | 22 | €3,132,197 | €3,027,306 | -€104,891 | -3.3% |
| Current assets | 29/58 | €660,965 | €703,933 | +€42,968 | +6.5% |
| Amounts receivable within one year | 40/41 | €563,782 | €574,919 | +€11,137 | +2.0% |
| Other amounts receivable | 41 | €563,782 | €574,919 | +€11,137 | +2.0% |
| Cash at bank and in hand | 54/58 | €97,183 | €124,577 | +€27,394 | +28.2% |
| Deferred charges and accrued income | 490/1 | - | €4,437 | +€4,437 | |
| Total equity and liabilities | 10/49 | €3,793,162 | €3,731,239 | -€61,923 | -1.6% |
| Equity | 10/15 | €446,403 | €574,416 | +€128,013 | +28.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €384,403 | €512,416 | +€128,013 | +33.3% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €378,203 | €506,216 | +€128,013 | +33.8% |
| Amounts payable | 17/49 | €3,346,759 | €3,156,823 | -€189,936 | -5.7% |
| Amounts payable after more than one year | 17 | €2,457,181 | €2,252,154 | -€205,027 | -8.3% |
| Financial debts | 170/4 | €2,457,181 | €2,252,154 | -€205,027 | -8.3% |
| Amounts payable within one year | 42/48 | €872,913 | €887,733 | +€14,820 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €201,735 | €205,027 | +€3,292 | +1.6% |
| Trade debts | 44 | €31,861 | €38,458 | +€6,597 | +20.7% |
| Suppliers | 440/4 | €31,861 | €38,458 | +€6,597 | +20.7% |
| Taxes, remuneration and social security | 45 | €5,888 | €17,672 | +€11,784 | +200% |
| Taxes | 450/3 | €5,888 | €17,672 | +€11,784 | +200% |
| Other amounts payable | 47/48 | €633,429 | €626,576 | -€6,853 | -1.1% |
| Accrued charges and deferred income | 492/3 | €16,665 | €16,936 | +€271 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,635 | €125,725 | +€1,090 | +0.9% |
| Gross operating margin | 9900 | €308,327 | €328,472 | +€20,145 | +6.5% |
| Operating profit (loss) | 9901 | €183,692 | €202,747 | +€19,055 | +10.4% |
| Financial income | 75/76B | €5,146 | €11,154 | +€6,008 | +117% |
| Recurring financial income | 75 | €5,146 | €11,154 | +€6,008 | +117% |
| Financial charges | 65/66B | €42,637 | €43,214 | +€577 | +1.4% |
| Recurring financial charges | 65 | €42,637 | €43,214 | +€577 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €146,201 | €170,687 | +€24,486 | +16.7% |
| Income taxes | 67/77 | €41,461 | €42,674 | +€1,213 | +2.9% |
| Profit (loss) for the period | 9904 | €104,740 | €128,013 | +€23,273 | +22.2% |
| Profit (loss) for the period to be appropriated | 9905 | €104,740 | €128,013 | +€23,273 | +22.2% |
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 19 October 2026 via checked.be.