JACK BOULDER: 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 BOULDER
Largest movements
- Tangible fixed assets +€1.1m
new in 2025: €1.1m
- Debts after one year +€877,025
new in 2025: €877,025
- Other debts +€377,996
up €377,996 (+465.1%), from €81,274 to €459,270
- Profit (loss) carried forward -€159,635
down €159,635 (-175.5%), from -€90,961 to -€250,596
- Current portion of long-term debt +€39,752
new in 2025: €39,752
- Other operating charges +€156,563
up €156,563 (+30981.8%), from €505 to €157,069
- Gross operating margin +€58,210
up €58,210, from -€1,125 to €57,084
- Financial charges +€35,648
up €35,648 (+48500.9%), from €74 to €35,722
- Depreciation +€23,758
up €23,758 (+13904.9%), from €171 to €23,929
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 | €465 | €1,135,452 | +€1.1m | +244083.2% |
| Fixed assets | 21/28 | €166 | €1,134,385 | +€1.1m | +683264.6% |
| Tangible fixed assets | 22/27 | - | €1,134,219 | +€1.1m | |
| Land and buildings | 22 | - | €1,134,219 | +€1.1m | |
| Financial fixed assets | 28 | €166 | €166 | = | 0.0% |
| Current assets | 29/58 | €299 | €1,066 | +€767 | +256.7% |
| Amounts receivable within one year | 40/41 | €230 | €34 | -€197 | -85.4% |
| Other amounts receivable | 41 | €230 | €34 | -€197 | -85.4% |
| Cash at bank and in hand | 54/58 | €69 | €1,033 | +€964 | +1399.0% |
| Total equity and liabilities | 10/49 | €465 | €1,135,452 | +€1.1m | +244083.2% |
| Equity | 10/15 | -€80,961 | -€240,596 | -€159,635 | -197.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€90,961 | -€250,596 | -€159,635 | -175.5% |
| Amounts payable | 17/49 | €81,426 | €1,376,047 | +€1.3m | +1589.9% |
| Amounts payable after more than one year | 17 | - | €877,025 | +€877,025 | |
| Financial debts | 170/4 | - | €877,025 | +€877,025 | |
| Amounts payable within one year | 42/48 | €81,426 | €499,022 | +€417,596 | +512.9% |
| Current portion of amounts payable after more than one year | 42 | - | €39,752 | +€39,752 | |
| Trade debts | 44 | €152 | - | -€152 | |
| Suppliers | 440/4 | €152 | - | -€152 | |
| Other amounts payable | 47/48 | €81,274 | €459,270 | +€377,996 | +465.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €171 | €23,929 | +€23,758 | +13904.9% |
| Other operating charges | 640/8 | €505 | €157,069 | +€156,563 | +30981.8% |
| Gross operating margin | 9900 | -€1,125 | €57,084 | +€58,210 | |
| Operating profit (loss) | 9901 | -€1,801 | -€123,913 | -€122,112 | -6779.2% |
| Financial charges | 65/66B | €74 | €35,722 | +€35,648 | +48500.9% |
| Recurring financial charges | 65 | €74 | €35,722 | +€35,648 | +48500.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,875 | -€159,635 | -€157,760 | -8414.9% |
| Profit (loss) for the period | 9904 | -€1,875 | -€159,635 | -€157,760 | -8414.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,875 | -€159,635 | -€157,760 | -8414.9% |
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 6 October 2026 via checked.be.