JACKON INSULATION: 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.
What changed
JACKON INSULATION
NACE 23.990, Manufacture of other non-metallic mineral products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€401,872
2024 · €420,391-€18,519
Equity
€10.0m
2024 · €9.8m+€198,896
Cash
€57,120
2024 · €242,419-€185,299
Balance sheet total
€16.9m
2024 · €15.3m+€1.6m
Largest movements
Assets
- Stocks and contracts +€2.1m
up €2.1m (+78.0%), from €2.7m to €4.9m
- Receivables within one year -€239,974
down €239,974 (-47.4%), from €505,825 to €265,850
of which Other amounts receivable: -€167,415
- Cash -€185,299
down €185,299 (-76.4%), from €242,419 to €57,120
mainly Stocks and contracts (-€2.1m) and Investment in fixed assets (net) (-€1.3m)
Equity and liabilities
- Current portion of long-term debt +€1.0m
up €1.0m (+160.0%), from €625,000 to €1.6m
- Debts after one year +€865,184
up €865,184 (+89.2%), from €969,410 to €1.8m
- Profit (loss) carried forward +€497,494
up €497,494 (+8.1%), from €6.2m to €6.7m
- Trade debts -€370,295
down €370,295 (-14.8%), from €2.5m to €2.1m
- Reserves -€295,308
down €295,308 (-10.0%), from €2.9m to €2.7m
of which Tax-exempt reserves: -€295,308
Income statement
- Turnover +€5.5m
up €5.5m (+27.0%), from €20.4m to €25.9m
- Goods and materials +€2.3m
up €2.3m (+19.0%), from €12.1m to €14.4m
of which Purchases: +€3.7m
- Services and other goods +€1.9m
up €1.9m (+47.3%), from €4.0m to €5.9m
- Staff costs +€1.1m
up €1.1m (+26.0%), from €4.4m to €5.5m
- Depreciation +€806,805
up €806,805 (+124.9%), from €645,737 to €1.5m
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.
Result 2024
€420,391
Turnover
+€5.5m
Other operating income
+€89,420
Goods and materials
-€2.3m
Services and other goods
-€1.9m
Staff costs
-€1.1m
Depreciation
-€806,805
Other operating charges
-€10,305
Other operating items
+€593,942
Financial income
+€89,930
Financial charges
-€85,877
Taxes
-€35,100
Result 2025
€401,872
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.
From operations
-€511,966
Investment
-€1.3m
Financing
+€1.7m
Cash 2024
€242,419
From operations (derived)
-€511,966
Net result for the year
+€401,872
Depreciation
+€1.5m
Stocks and contracts
-€2.1m
Receivables within one year
+€239,974
Smaller working-capital items
-€2,468
Provisions
-€96,680
Trade debts
-€370,295
Investment (derived)
-€1.3m
Investment in fixed assets (net)
-€1.3m
Financing
+€1.7m
Debts after one year
+€865,184
Current portion of long-term debt
+€1.0m
Contributions, distributions and other
-€202,976
Cash 2025
€57,120
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,310,315 | €16,905,232 | +€1.6m | +10.4% |
| Fixed assets | 21/28 | €11,811,621 | €11,694,620 | -€117,001 | -1.0% |
| Tangible fixed assets | 22/27 | €11,810,543 | €11,678,572 | -€131,971 | -1.1% |
| Land and buildings | 22 | €1,899,678 | €1,707,770 | -€191,908 | -10.1% |
| Plant, machinery and equipment | 23 | €9,571,160 | €9,215,050 | -€356,110 | -3.7% |
| Furniture and vehicles | 24 | €195,410 | €187,476 | -€7,935 | -4.1% |
| Assets under construction and advance payments | 27 | €144,294 | €568,276 | +€423,982 | +293.8% |
| Financial fixed assets | 28 | €1,078 | €16,048 | +€14,970 | +1388.4% |
| Other financial fixed assets | 284/8 | €1,078 | €16,048 | +€14,970 | +1388.4% |
| Amounts receivable and cash guarantees | 285/8 | €1,078 | €16,048 | +€14,970 | +1388.4% |
| Current assets | 29/58 | €3,498,694 | €5,210,612 | +€1.7m | +48.9% |
| Stocks and contracts in progress | 3 | €2,739,431 | €4,876,342 | +€2.1m | +78.0% |
| Stocks | 30/36 | €2,739,431 | €4,876,342 | +€2.1m | +78.0% |
| Raw materials and consumables | 30/31 | €1,268,131 | €2,030,542 | +€762,410 | +60.1% |
| Work in progress | 32 | €298,211 | €180,779 | -€117,433 | -39.4% |
| Finished goods | 33 | €1,173,089 | €2,665,022 | +€1.5m | +127.2% |
| Amounts receivable within one year | 40/41 | €505,825 | €265,850 | -€239,974 | -47.4% |
| Trade receivables | 40 | €79,665 | €7,106 | -€72,559 | -91.1% |
| Other amounts receivable | 41 | €426,159 | €258,744 | -€167,415 | -39.3% |
| Cash at bank and in hand | 54/58 | €242,419 | €57,120 | -€185,299 | -76.4% |
| Deferred charges and accrued income | 490/1 | €11,019 | €11,299 | +€280 | +2.5% |
| Total equity and liabilities | 10/49 | €15,310,315 | €16,905,232 | +€1.6m | +10.4% |
| Equity | 10/15 | €9,794,235 | €9,993,132 | +€198,896 | +2.0% |
| Contributions | 10/11 | €662,000 | €662,000 | = | 0.0% |
| Capital | 10 | €662,000 | €662,000 | = | 0.0% |
| Issued capital | 100 | €662,000 | €662,000 | = | 0.0% |
| Reserves | 13 | €2,945,450 | €2,650,142 | -€295,308 | -10.0% |
| Non-distributable reserves | 130/1 | €66,200 | €66,200 | = | 0.0% |
| Legal reserve | 130 | €66,200 | €66,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,879,250 | €2,583,942 | -€295,308 | -10.3% |
| Profit (loss) carried forward | 14 | €6,177,694 | €6,675,187 | +€497,494 | +8.1% |
| Investment grants | 15 | €9,092 | €5,802 | -€3,290 | -36.2% |
| Provisions and deferred taxes | 16 | €960,202 | €863,522 | -€96,680 | -10.1% |
| Deferred taxes | 168 | €960,202 | €863,522 | -€96,680 | -10.1% |
| Amounts payable | 17/49 | €4,555,877 | €6,048,578 | +€1.5m | +32.8% |
| Amounts payable after more than one year | 17 | €969,410 | €1,834,593 | +€865,184 | +89.2% |
| Financial debts | 170/4 | €969,410 | €1,834,593 | +€865,184 | +89.2% |
| Other loans | 174 | €969,410 | €1,834,593 | +€865,184 | +89.2% |
| Amounts payable within one year | 42/48 | €3,586,468 | €4,213,985 | +€627,517 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €625,000 | €1,625,000 | +€1.0m | +160.0% |
| Trade debts | 44 | €2,501,467 | €2,131,171 | -€370,295 | -14.8% |
| Suppliers | 440/4 | €2,501,467 | €2,131,171 | -€370,295 | -14.8% |
| Taxes, remuneration and social security | 45 | €460,001 | €457,813 | -€2,187 | -0.5% |
| Taxes | 450/3 | €99,793 | €58,598 | -€41,195 | -41.3% |
| Remuneration and social security | 454/9 | €360,208 | €399,216 | +€39,007 | +10.8% |
| Operating income | 70/76A | €21,658,933 | €27,848,445 | +€6.2m | +28.6% |
| Turnover | 70 | €20,426,982 | €25,933,132 | +€5.5m | +27.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€34,329 | €1,491,934 | +€1.5m | |
| Own construction capitalised | 72 | €932,320 | - | -€932,320 | |
| Other operating income | 74 | €333,960 | €423,379 | +€89,420 | +26.8% |
| Operating charges | 60/66A | €21,250,731 | €27,427,714 | +€6.2m | +29.1% |
| Goods for resale, raw materials and consumables | 60 | €12,110,647 | €14,417,520 | +€2.3m | +19.0% |
| Purchases | 600/8 | €11,468,885 | €15,179,930 | +€3.7m | +32.4% |
| Change in stocks: decrease (increase) | 609 | €641,762 | -€762,410 | -€1.4m | |
| Services and other goods | 61 | €4,034,299 | €5,943,610 | +€1.9m | +47.3% |
| Remuneration, social security and pensions | 62 | €4,405,410 | €5,549,100 | +€1.1m | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645,737 | €1,452,542 | +€806,805 | +124.9% |
| Other operating charges | 640/8 | €54,637 | €64,943 | +€10,305 | +18.9% |
| Operating profit (loss) | 9901 | €408,202 | €420,731 | +€12,528 | +3.1% |
| Financial income | 75/76B | €214,025 | €303,955 | +€89,930 | +42.0% |
| Recurring financial income | 75 | €214,025 | €303,955 | +€89,930 | +42.0% |
| Income from financial fixed assets | 750 | €132,823 | - | -€132,823 | |
| Other financial income | 752/9 | €81,201 | €303,955 | +€222,754 | +274.3% |
| Financial charges | 65/66B | €40,895 | €126,772 | +€85,877 | +210.0% |
| Recurring financial charges | 65 | €40,895 | €126,772 | +€85,877 | +210.0% |
| Debt charges | 650 | €39,005 | €124,471 | +€85,466 | +219.1% |
| Other financial charges | 652/9 | €1,890 | €2,301 | +€411 | +21.8% |
| Profit (loss) for the period before taxes | 9903 | €581,332 | €597,913 | +€16,581 | +2.9% |
| Transfer from deferred taxes | 780 | €1,058 | €1,058 | = | 0.0% |
| Income taxes | 67/77 | €162,000 | €197,100 | +€35,100 | +21.7% |
| Taxes | 670/3 | €162,000 | €197,100 | +€35,100 | +21.7% |
| Profit (loss) for the period | 9904 | €420,391 | €401,872 | -€18,519 | -4.4% |
| Transfer from tax-exempt reserves | 789 | €28,141 | €95,622 | +€67,480 | +239.8% |
| Profit (loss) for the period to be appropriated | 9905 | €448,532 | €497,494 | +€48,961 | +10.9% |
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 12 October 2026 via checked.be.