Jack & Troy: 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 & Troy
Largest movements
- Cash +€1.6m
up €1.6m (+1046.6%), from €152,485 to €1.7m
mainly Net result for the year (+€1.5m) and Investment in fixed assets (net) (+€417,989)
- Tangible fixed assets -€418,140
down €418,140 (-99.4%), from €420,677 to €2,537
of which Land and buildings: -€411,555
- Current investments -€388,000
down €388,000 (-93.7%), from €414,000 to €26,000
- Stocks and contracts +€313,379
up €313,379 (+70.6%), from €443,663 to €757,042
- Receivables within one year +€236,937
up €236,937 (+416.6%), from €56,871 to €293,808
of which Trade receivables: +€229,802
- Profit (loss) carried forward +€1.5m
up €1.5m (+256.8%), from €588,191 to €2.1m
- Debts after one year -€284,128
no longer reported in 2025 (was €284,128)
- Tax, wage and social debts +€145,843
up €145,843 (+64.2%), from €227,031 to €372,874
- Current portion of long-term debt +€58,896
up €58,896 (+145.2%), from €40,552 to €99,449
- Trade debts +€49,757
up €49,757 (+20.7%), from €240,454 to €290,211
- Gross operating margin +€1.5m
up €1.5m (+195.3%), from €753,732 to €2.2m
- Taxes +€350,873
up €350,873 (+224.2%), from €156,518 to €507,391
- Staff costs +€160,803
up €160,803 (+326.4%), from €49,272 to €210,074
- Financial income +€70,045
new in 2025: €70,045
of which Non-recurring financial income: +€44,854
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 | €1,491,356 | €2,975,202 | +€1.5m | +99.5% |
| Fixed assets | 21/28 | €424,337 | €6,197 | -€418,140 | -98.5% |
| Tangible fixed assets | 22/27 | €420,677 | €2,537 | -€418,140 | -99.4% |
| Land and buildings | 22 | €411,555 | - | -€411,555 | |
| Plant, machinery and equipment | 23 | €5,083 | €1,762 | -€3,321 | -65.3% |
| Furniture and vehicles | 24 | €4,039 | €775 | -€3,264 | -80.8% |
| Financial fixed assets | 28 | €3,660 | €3,660 | = | 0.0% |
| Current assets | 29/58 | €1,067,018 | €2,969,005 | +€1.9m | +178.3% |
| Stocks and contracts in progress | 3 | €443,663 | €757,042 | +€313,379 | +70.6% |
| Stocks | 30/36 | €443,663 | €757,042 | +€313,379 | +70.6% |
| Amounts receivable within one year | 40/41 | €56,871 | €293,808 | +€236,937 | +416.6% |
| Trade receivables | 40 | €56,871 | €286,673 | +€229,802 | +404.1% |
| Other amounts receivable | 41 | - | €7,135 | +€7,135 | |
| Current investments | 50/53 | €414,000 | €26,000 | -€388,000 | -93.7% |
| Cash at bank and in hand | 54/58 | €152,485 | €1,748,431 | +€1.6m | +1046.6% |
| Deferred charges and accrued income | 490/1 | - | €143,724 | +€143,724 | |
| Total equity and liabilities | 10/49 | €1,491,356 | €2,975,202 | +€1.5m | +99.5% |
| Equity | 10/15 | €699,191 | €2,209,470 | +€1.5m | +216.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €101,000 | €101,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €588,191 | €2,098,470 | +€1.5m | +256.8% |
| Amounts payable | 17/49 | €792,165 | €765,732 | -€26,433 | -3.3% |
| Amounts payable after more than one year | 17 | €284,128 | - | -€284,128 | |
| Financial debts | 170/4 | €284,128 | - | -€284,128 | |
| Amounts payable within one year | 42/48 | €508,037 | €765,732 | +€257,695 | +50.7% |
| Current portion of amounts payable after more than one year | 42 | €40,552 | €99,449 | +€58,896 | +145.2% |
| Financial debts | 43 | - | €3,199 | +€3,199 | |
| Credit institutions | 430/8 | - | €3,199 | +€3,199 | |
| Trade debts | 44 | €240,454 | €290,211 | +€49,757 | +20.7% |
| Suppliers | 440/4 | €240,454 | €290,211 | +€49,757 | +20.7% |
| Taxes, remuneration and social security | 45 | €227,031 | €372,874 | +€145,843 | +64.2% |
| Taxes | 450/3 | €227,031 | €372,874 | +€145,843 | +64.2% |
| Remuneration, social security and pensions | 62 | €49,272 | €210,074 | +€160,803 | +326.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,675 | €151 | -€19,525 | -99.2% |
| Other operating charges | 640/8 | €1,240 | €2,433 | +€1,193 | +96.2% |
| Gross operating margin | 9900 | €753,732 | €2,226,071 | +€1.5m | +195.3% |
| Operating profit (loss) | 9901 | €683,545 | €2,013,412 | +€1.3m | +194.6% |
| Financial income | 75/76B | - | €70,045 | +€70,045 | |
| Recurring financial income | 75 | - | €25,191 | +€25,191 | |
| Non-recurring financial income | 76B | - | €44,854 | +€44,854 | |
| Financial charges | 65/66B | €57,472 | €65,786 | +€8,314 | +14.5% |
| Recurring financial charges | 65 | €57,472 | €65,786 | +€8,314 | +14.5% |
| Profit (loss) for the period before taxes | 9903 | €626,072 | €2,017,671 | +€1.4m | +222.3% |
| Income taxes | 67/77 | €156,518 | €507,391 | +€350,873 | +224.2% |
| Profit (loss) for the period | 9904 | €469,554 | €1,510,279 | +€1.0m | +221.6% |
| Profit (loss) for the period to be appropriated | 9905 | €469,554 | €1,510,279 | +€1.0m | +221.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.