Jack: 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.
Jack
Largest movements
- Tangible fixed assets -€7,519
down €7,519 (-20.2%), from €37,277 to €29,759
of which Plant, machinery and equipment: -€5,589
- Cash +€3,935
up €3,935 (+88.3%), from €4,455 to €8,390
mainly Other debts (+€41,877) and Depreciation (+€7,519)
- Deferred charges and accrued income +€770
up €770 (+300.2%), from €257 to €1,027
- Stocks and contracts -€662
down €662 (-21.7%), from €3,046 to €2,384
- Other debts +€41,877
up €41,877 (+97.2%), from €43,078 to €84,955
- Profit (loss) carried forward -€39,645
down €39,645 (-39.3%), from -€100,798 to -€140,443
- Current portion of long-term debt -€3,195
down €3,195 (-74.7%), from €4,277 to €1,082
- Tax, wage and social debts -€3,082
down €3,082 (-48.4%), from €6,362 to €3,280
of which Remuneration and social security: -€1,670
- Trade debts +€1,318
up €1,318 (+75.9%), from €1,737 to €3,055
- Gross operating margin -€15,840
down €15,840 (-42.3%), from €37,426 to €21,586
- Staff costs -€1,032
down €1,032 (-2.0%), from €50,975 to €49,943
- Other operating charges -€977
down €977 (-71.0%), from €1,377 to €400
- Financial charges +€521
up €521 (+18.8%), from €2,776 to €3,297
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 | €45,738 | €41,929 | -€3,809 | -8.3% |
| Fixed assets | 21/28 | €37,442 | €29,924 | -€7,519 | -20.1% |
| Tangible fixed assets | 22/27 | €37,277 | €29,759 | -€7,519 | -20.2% |
| Plant, machinery and equipment | 23 | €26,538 | €20,948 | -€5,589 | -21.1% |
| Furniture and vehicles | 24 | €273 | - | -€273 | |
| Other tangible fixed assets | 26 | €10,467 | €8,811 | -€1,657 | -15.8% |
| Financial fixed assets | 28 | €165 | €165 | = | 0.0% |
| Current assets | 29/58 | €8,296 | €12,005 | +€3,710 | +44.7% |
| Stocks and contracts in progress | 3 | €3,046 | €2,384 | -€662 | -21.7% |
| Stocks | 30/36 | €3,046 | €2,384 | -€662 | -21.7% |
| Amounts receivable within one year | 40/41 | €538 | €205 | -€334 | -62.0% |
| Trade receivables | 40 | €330 | - | -€330 | |
| Other amounts receivable | 41 | €208 | €205 | -€3 | -1.7% |
| Cash at bank and in hand | 54/58 | €4,455 | €8,390 | +€3,935 | +88.3% |
| Deferred charges and accrued income | 490/1 | €257 | €1,027 | +€770 | +300.2% |
| Total equity and liabilities | 10/49 | €45,738 | €41,929 | -€3,809 | -8.3% |
| Equity | 10/15 | -€95,798 | -€135,443 | -€39,645 | -41.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€100,798 | -€140,443 | -€39,645 | -39.3% |
| Amounts payable | 17/49 | €141,536 | €177,372 | +€35,836 | +25.3% |
| Amounts payable after more than one year | 17 | €86,082 | €85,000 | -€1,082 | -1.3% |
| Financial debts | 170/4 | €86,082 | €85,000 | -€1,082 | -1.3% |
| Amounts payable within one year | 42/48 | €55,454 | €92,372 | +€36,918 | +66.6% |
| Current portion of amounts payable after more than one year | 42 | €4,277 | €1,082 | -€3,195 | -74.7% |
| Trade debts | 44 | €1,737 | €3,055 | +€1,318 | +75.9% |
| Suppliers | 440/4 | €1,737 | €3,055 | +€1,318 | +75.9% |
| Taxes, remuneration and social security | 45 | €6,362 | €3,280 | -€3,082 | -48.4% |
| Taxes | 450/3 | €2,140 | €728 | -€1,412 | -66.0% |
| Remuneration and social security | 454/9 | €4,222 | €2,553 | -€1,670 | -39.5% |
| Other amounts payable | 47/48 | €43,078 | €84,955 | +€41,877 | +97.2% |
| Remuneration, social security and pensions | 62 | €50,975 | €49,943 | -€1,032 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,891 | €7,519 | -€373 | -4.7% |
| Other operating charges | 640/8 | €1,377 | €400 | -€977 | -71.0% |
| Gross operating margin | 9900 | €37,426 | €21,586 | -€15,840 | -42.3% |
| Operating profit (loss) | 9901 | -€22,817 | -€36,275 | -€13,458 | -59.0% |
| Financial income | 75/76B | €0 | €3 | +€3 | +4900.0% |
| Recurring financial income | 75 | €0 | €3 | +€3 | +4900.0% |
| Financial charges | 65/66B | €2,776 | €3,297 | +€521 | +18.8% |
| Recurring financial charges | 65 | €2,776 | €3,297 | +€521 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | -€25,592 | -€39,569 | -€13,977 | -54.6% |
| Income taxes | 67/77 | €64 | €76 | +€12 | +18.8% |
| Profit (loss) for the period | 9904 | -€25,656 | -€39,645 | -€13,989 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,656 | -€39,645 | -€13,989 | -54.5% |
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 5 October 2026 via checked.be.