GARAGE 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.
GARAGE JACOBS
Largest movements
- Cash +€140,839
up €140,839 (+191%), from €73,707 to €214,545
mainly Current investments (+€100,000) and Net result for the year (+€46,857)
- Current investments -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Stocks and contracts -€26,809
down €26,809 (-20.7%), from €129,325 to €102,516
- Reserves +€46,857
up €46,857 (+24.3%), from €192,861 to €239,718
of which Distributable reserves: +€46,857
- Advances received -€36,500
no longer reported in 2025 (was €36,500)
- Gross operating margin +€19,325
up €19,325 (+40.4%), from €47,881 to €67,207
- Financial income +€9,590
up €9,590 (+89,459%), from €11 to €9,601
- Taxes +€9,587
up €9,587 (+75.9%), from €12,639 to €22,226
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 | €528,463 | €541,663 | +€13,200 | +2.5% |
| Fixed assets | 21/28 | €9,264 | €8,094 | -€1,170 | -12.6% |
| Tangible fixed assets | 22/27 | €9,256 | €8,086 | -€1,170 | -12.6% |
| Land and buildings | 22 | €8,505 | €5,768 | -€2,737 | -32.2% |
| Plant, machinery and equipment | 23 | €751 | €2,318 | +€1,567 | +209% |
| Financial fixed assets | 28 | €8 | €8 | = | 0.0% |
| Current assets | 29/58 | €519,199 | €533,569 | +€14,370 | +2.8% |
| Stocks and contracts in progress | 3 | €129,325 | €102,516 | -€26,809 | -20.7% |
| Stocks | 30/36 | €129,325 | €102,516 | -€26,809 | -20.7% |
| Amounts receivable within one year | 40/41 | €14,344 | €14,689 | +€346 | +2.4% |
| Trade receivables | 40 | €8,533 | €6,720 | -€1,813 | -21.2% |
| Other amounts receivable | 41 | €5,811 | €7,970 | +€2,159 | +37.2% |
| Current investments | 50/53 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €73,707 | €214,545 | +€140,839 | +191% |
| Deferred charges and accrued income | 490/1 | €1,824 | €1,818 | -€6 | -0.3% |
| Total equity and liabilities | 10/49 | €528,463 | €541,663 | +€13,200 | +2.5% |
| Equity | 10/15 | €465,697 | €512,554 | +€46,857 | +10.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €192,861 | €239,718 | +€46,857 | +24.3% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €191,001 | €237,858 | +€46,857 | +24.5% |
| Profit (loss) carried forward | 14 | €254,244 | €254,244 | = | 0.0% |
| Amounts payable | 17/49 | €62,767 | €29,109 | -€33,657 | -53.6% |
| Amounts payable within one year | 42/48 | €62,767 | €29,109 | -€33,657 | -53.6% |
| Trade debts | 44 | €2,170 | €1,690 | -€479 | -22.1% |
| Suppliers | 440/4 | €2,170 | €1,690 | -€479 | -22.1% |
| Advances received on contracts in progress | 46 | €36,500 | - | -€36,500 | |
| Taxes, remuneration and social security | 45 | €1,136 | €3,438 | +€2,303 | +203% |
| Taxes | 450/3 | €1,136 | €3,438 | +€2,303 | +203% |
| Other amounts payable | 47/48 | €22,962 | €23,981 | +€1,019 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,007 | €3,550 | -€458 | -11.4% |
| Other operating charges | 640/8 | €2,845 | €2,207 | -€638 | -22.4% |
| Gross operating margin | 9900 | €47,881 | €67,207 | +€19,325 | +40.4% |
| Operating profit (loss) | 9901 | €41,029 | €61,450 | +€20,421 | +49.8% |
| Financial income | 75/76B | €11 | €9,601 | +€9,590 | +89,459% |
| Recurring financial income | 75 | €11 | €9,601 | +€9,590 | +89,459% |
| Financial charges | 65/66B | €2,430 | €1,968 | -€462 | -19.0% |
| Recurring financial charges | 65 | €2,430 | €1,968 | -€462 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €38,610 | €69,083 | +€30,473 | +78.9% |
| Income taxes | 67/77 | €12,639 | €22,226 | +€9,587 | +75.9% |
| Profit (loss) for the period | 9904 | €25,971 | €46,857 | +€20,886 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €25,971 | €46,857 | +€20,886 | +80.4% |
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 24 October 2026 via checked.be.