JACCO: 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.
JACCO
Largest movements
- Tangible fixed assets +€41,950
up €41,950 (+22.8%), from €184,159 to €226,108
of which Furniture and vehicles: +€61,710
- Cash -€25,549
down €25,549 (-15.3%), from €167,232 to €141,683
mainly Contributions, distributions and other (-€127,091) and Investment in fixed assets (net) (-€78,188)
- Receivables within one year +€12,753
up €12,753 (+26.9%), from €47,492 to €60,245
of which Other amounts receivable: +€8,886
- Debts after one year +€33,992
up €33,992 (+41.0%), from €82,985 to €116,978
- Current portion of long-term debt +€13,751
up €13,751 (+71.8%), from €19,139 to €32,890
- Other debts -€13,099
down €13,099 (-65.7%), from €19,950 to €6,851
- Gross operating margin +€98,309
up €98,309 (+60.8%), from €161,632 to €259,941
- Taxes +€26,911
up €26,911 (+91.4%), from €29,429 to €56,339
- Depreciation +€11,203
up €11,203 (+44.8%), from €25,035 to €36,238
- Staff costs +€6,612
up €6,612 (+20.0%), from €33,111 to €39,723
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 | €486,918 | €518,511 | +€31,592 | +6.5% |
| Fixed assets | 21/28 | €184,159 | €226,108 | +€41,950 | +22.8% |
| Tangible fixed assets | 22/27 | €184,159 | €226,108 | +€41,950 | +22.8% |
| Land and buildings | 22 | €123,765 | €103,703 | -€20,062 | -16.2% |
| Plant, machinery and equipment | 23 | €5,499 | €5,801 | +€302 | +5.5% |
| Furniture and vehicles | 24 | €54,895 | €116,605 | +€61,710 | +112% |
| Current assets | 29/58 | €302,759 | €292,402 | -€10,357 | -3.4% |
| Amounts receivable within one year | 40/41 | €47,492 | €60,245 | +€12,753 | +26.9% |
| Trade receivables | 40 | €47,492 | €51,359 | +€3,867 | +8.1% |
| Other amounts receivable | 41 | - | €8,886 | +€8,886 | |
| Current investments | 50/53 | €82,038 | €82,565 | +€526 | +0.6% |
| Cash at bank and in hand | 54/58 | €167,232 | €141,683 | -€25,549 | -15.3% |
| Deferred charges and accrued income | 490/1 | €5,998 | €7,910 | +€1,912 | +31.9% |
| Total equity and liabilities | 10/49 | €486,918 | €518,511 | +€31,592 | +6.5% |
| Equity | 10/15 | €330,774 | €327,561 | -€3,213 | -1.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €324,574 | €321,361 | -€3,213 | -1.0% |
| Distributable reserves | 133 | €324,574 | €321,361 | -€3,213 | -1.0% |
| Amounts payable | 17/49 | €156,144 | €190,949 | +€34,805 | +22.3% |
| Amounts payable after more than one year | 17 | €82,985 | €116,978 | +€33,992 | +41.0% |
| Financial debts | 170/4 | €82,985 | €116,978 | +€33,992 | +41.0% |
| Amounts payable within one year | 42/48 | €72,640 | €72,725 | +€86 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €19,139 | €32,890 | +€13,751 | +71.8% |
| Financial debts | 43 | €6,841 | €6,794 | -€47 | -0.7% |
| Other loans | 439 | €6,841 | €6,794 | -€47 | -0.7% |
| Trade debts | 44 | €5,856 | €1,375 | -€4,482 | -76.5% |
| Suppliers | 440/4 | €5,856 | €1,375 | -€4,482 | -76.5% |
| Taxes, remuneration and social security | 45 | €20,854 | €24,816 | +€3,962 | +19.0% |
| Taxes | 450/3 | €12,815 | €15,609 | +€2,794 | +21.8% |
| Remuneration and social security | 454/9 | €8,038 | €9,207 | +€1,168 | +14.5% |
| Other amounts payable | 47/48 | €19,950 | €6,851 | -€13,099 | -65.7% |
| Accrued charges and deferred income | 492/3 | €519 | €1,246 | +€727 | +140% |
| Remuneration, social security and pensions | 62 | €33,111 | €39,723 | +€6,612 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,035 | €36,238 | +€11,203 | +44.8% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €161,632 | €259,941 | +€98,309 | +60.8% |
| Operating profit (loss) | 9901 | €102,981 | €183,460 | +€80,479 | +78.1% |
| Financial income | 75/76B | €2,346 | €2,128 | -€219 | -9.3% |
| Recurring financial income | 75 | €2,346 | €2,128 | -€219 | -9.3% |
| Financial charges | 65/66B | €6,315 | €5,371 | -€944 | -15.0% |
| Recurring financial charges | 65 | €6,315 | €5,371 | -€944 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €99,013 | €180,218 | +€81,205 | +82.0% |
| Income taxes | 67/77 | €29,429 | €56,339 | +€26,911 | +91.4% |
| Profit (loss) for the period | 9904 | €69,584 | €123,878 | +€54,294 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,584 | €123,878 | +€54,294 | +78.0% |
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 13 October 2026 via checked.be.