IMMO JAEKEN: 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.
IMMO JAEKEN
Largest movements
- Cash -€279,949
down €279,949 (-62.3%), from €449,255 to €169,306
mainly Contributions, distributions and other (-€420,982) and Current investments (-€16,265)
- Receivables within one year -€41,553
down €41,553 (-15.8%), from €262,932 to €221,379
of which Trade receivables: -€83,728
- Tangible fixed assets -€32,873
down €32,873 (-12.5%), from €263,408 to €230,536
of which Land and buildings: -€35,506
- Current investments +€16,265
up €16,265 (+7.0%), from €234,000 to €250,265
- Reserves -€312,044
down €312,044 (-33.8%), from €923,241 to €611,197
of which Distributable reserves: -€312,044
- Debts after one year -€15,525
down €15,525 (-9.6%), from €162,362 to €146,837
- Gross operating margin -€76,562
down €76,562 (-27.2%), from €281,338 to €204,775
- Financial income -€53,399
down €53,399 (-97.0%), from €55,032 to €1,633
- Taxes -€30,109
down €30,109 (-39.4%), from €76,441 to €46,332
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 | €1,214,301 | €874,357 | -€339,943 | -28.0% |
| Fixed assets | 21/28 | €263,408 | €230,536 | -€32,873 | -12.5% |
| Tangible fixed assets | 22/27 | €263,408 | €230,536 | -€32,873 | -12.5% |
| Land and buildings | 22 | €255,940 | €220,434 | -€35,506 | -13.9% |
| Furniture and vehicles | 24 | €7,468 | €10,102 | +€2,634 | +35.3% |
| Current assets | 29/58 | €950,892 | €643,822 | -€307,071 | -32.3% |
| Amounts receivable within one year | 40/41 | €262,932 | €221,379 | -€41,553 | -15.8% |
| Trade receivables | 40 | €237,516 | €153,788 | -€83,728 | -35.3% |
| Other amounts receivable | 41 | €25,416 | €67,591 | +€42,175 | +166% |
| Current investments | 50/53 | €234,000 | €250,265 | +€16,265 | +7.0% |
| Cash at bank and in hand | 54/58 | €449,255 | €169,306 | -€279,949 | -62.3% |
| Deferred charges and accrued income | 490/1 | €4,706 | €2,872 | -€1,834 | -39.0% |
| Total equity and liabilities | 10/49 | €1,214,301 | €874,357 | -€339,943 | -28.0% |
| Equity | 10/15 | €1,023,241 | €711,197 | -€312,044 | -30.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €923,241 | €611,197 | -€312,044 | -33.8% |
| Non-distributable reserves | 130/1 | €8,782 | €8,782 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,782 | €8,782 | = | 0.0% |
| Distributable reserves | 133 | €914,459 | €602,415 | -€312,044 | -34.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €191,060 | €163,160 | -€27,899 | -14.6% |
| Amounts payable after more than one year | 17 | €162,362 | €146,837 | -€15,525 | -9.6% |
| Financial debts | 170/4 | €162,362 | €146,837 | -€15,525 | -9.6% |
| Amounts payable within one year | 42/48 | €28,698 | €16,324 | -€12,374 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | €14,992 | €15,525 | +€533 | +3.6% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €7,644 | €799 | -€6,845 | -89.5% |
| Suppliers | 440/4 | €7,644 | €799 | -€6,845 | -89.5% |
| Taxes, remuneration and social security | 45 | €6,063 | €0 | -€6,063 | -100% |
| Taxes | 450/3 | €6,063 | €0 | -€6,063 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,631 | €38,110 | +€2,478 | +7.0% |
| Other operating charges | 640/8 | €6,863 | €7,077 | +€214 | +3.1% |
| Gross operating margin | 9900 | €281,338 | €204,775 | -€76,562 | -27.2% |
| Operating profit (loss) | 9901 | €238,844 | €159,589 | -€79,255 | -33.2% |
| Financial income | 75/76B | €55,032 | €1,633 | -€53,399 | -97.0% |
| Recurring financial income | 75 | €55,032 | €1,633 | -€53,399 | -97.0% |
| Financial charges | 65/66B | €8,607 | €5,952 | -€2,655 | -30.8% |
| Recurring financial charges | 65 | €8,607 | €5,952 | -€2,655 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €285,269 | €155,270 | -€129,999 | -45.6% |
| Income taxes | 67/77 | €76,441 | €46,332 | -€30,109 | -39.4% |
| Profit (loss) for the period | 9904 | €208,828 | €108,938 | -€99,890 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | €208,828 | €108,938 | -€99,890 | -47.8% |
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 26 October 2026 via checked.be.