JACHBA: what changed
Two fiscal 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.
JACHBA
Largest movements
- Current investments -€200,000
no longer reported in 2025 (was €200,000)
- Receivables within one year +€136,641
up €136,641 (+1560.1%), from €8,759 to €145,400
of which Trade receivables: +€144,992
- Cash -€98,344
down €98,344 (-56.5%), from €173,928 to €75,585
mainly Other debts (-€146,213) and Receivables within one year (-€136,641)
- Tangible fixed assets -€74,897
down €74,897 (-5.8%), from €1.3m to €1.2m
of which Land and buildings: -€70,941
- Other debts -€146,213
down €146,213 (-54.1%), from €270,229 to €124,016
- Debts after one year -€111,143
down €111,143 (-22.7%), from €489,417 to €378,274
- Reserves +€45,698
up €45,698 (+6.3%), from €722,449 to €768,147
of which Distributable reserves: +€45,698
- Tax, wage and social debts -€19,704
down €19,704 (-84.0%), from €23,469 to €3,765
- Staff costs -€123,134
down €123,134 (-96.1%), from €128,097 to €4,962
- Gross operating margin -€83,102
down €83,102 (-27.8%), from €299,317 to €216,215
- Taxes +€12,396
up €12,396 (+57.3%), from €21,649 to €34,045
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 | €1,673,594 | €1,436,994 | -€236,599 | -14.1% |
| Fixed assets | 21/28 | €1,290,907 | €1,216,009 | -€74,897 | -5.8% |
| Tangible fixed assets | 22/27 | €1,290,907 | €1,216,009 | -€74,897 | -5.8% |
| Land and buildings | 22 | €1,265,727 | €1,194,786 | -€70,941 | -5.6% |
| Plant, machinery and equipment | 23 | €25,030 | €21,179 | -€3,851 | -15.4% |
| Furniture and vehicles | 24 | €150 | €44 | -€106 | -70.6% |
| Current assets | 29/58 | €382,687 | €220,985 | -€161,702 | -42.3% |
| Amounts receivable within one year | 40/41 | €8,759 | €145,400 | +€136,641 | +1560.1% |
| Trade receivables | 40 | €408 | €145,400 | +€144,992 | +35541.6% |
| Other amounts receivable | 41 | €8,351 | - | -€8,351 | |
| Current investments | 50/53 | €200,000 | - | -€200,000 | |
| Cash at bank and in hand | 54/58 | €173,928 | €75,585 | -€98,344 | -56.5% |
| Total equity and liabilities | 10/49 | €1,673,594 | €1,436,994 | -€236,599 | -14.1% |
| Equity | 10/15 | €773,449 | €819,147 | +€45,698 | +5.9% |
| Contributions | 10/11 | €51,000 | €51,000 | = | 0.0% |
| Reserves | 13 | €722,449 | €768,147 | +€45,698 | +6.3% |
| Non-distributable reserves | 130/1 | €5,100 | €5,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,100 | €5,100 | = | 0.0% |
| Distributable reserves | 133 | €717,349 | €763,047 | +€45,698 | +6.4% |
| Amounts payable | 17/49 | €900,145 | €617,847 | -€282,298 | -31.4% |
| Amounts payable after more than one year | 17 | €489,417 | €378,274 | -€111,143 | -22.7% |
| Financial debts | 170/4 | €489,417 | €378,274 | -€111,143 | -22.7% |
| Amounts payable within one year | 42/48 | €410,728 | €239,573 | -€171,154 | -41.7% |
| Current portion of amounts payable after more than one year | 42 | €110,137 | €111,143 | +€1,006 | +0.9% |
| Trade debts | 44 | €6,893 | €650 | -€6,243 | -90.6% |
| Suppliers | 440/4 | €6,893 | €650 | -€6,243 | -90.6% |
| Taxes, remuneration and social security | 45 | €23,469 | €3,765 | -€19,704 | -84.0% |
| Taxes | 450/3 | €23,469 | €3,765 | -€19,704 | -84.0% |
| Other amounts payable | 47/48 | €270,229 | €124,016 | -€146,213 | -54.1% |
| Remuneration, social security and pensions | 62 | €128,097 | €4,962 | -€123,134 | -96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,562 | €74,897 | -€1,664 | -2.2% |
| Other operating charges | 640/8 | €11,022 | €11,366 | +€344 | +3.1% |
| Gross operating margin | 9900 | €299,317 | €216,215 | -€83,102 | -27.8% |
| Operating profit (loss) | 9901 | €83,637 | €124,989 | +€41,352 | +49.4% |
| Financial income | 75/76B | €1,176 | €1,676 | +€500 | +42.5% |
| Recurring financial income | 75 | €1,176 | €1,676 | +€500 | +42.5% |
| Financial charges | 65/66B | €6,816 | €5,595 | -€1,221 | -17.9% |
| Recurring financial charges | 65 | €6,816 | €5,595 | -€1,221 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | €77,997 | €121,070 | +€43,073 | +55.2% |
| Income taxes | 67/77 | €21,649 | €34,045 | +€12,396 | +57.3% |
| Profit (loss) for the period | 9904 | €56,348 | €87,025 | +€30,677 | +54.4% |
| Profit (loss) for the period to be appropriated | 9905 | €56,348 | €87,025 | +€30,677 | +54.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.