Jacky-Mo: 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.
Jacky-Mo
Largest movements
- Tangible fixed assets +€170,271
new in 2025: €170,271
- Receivables within one year -€55,525
down €55,525 (-11.6%), from €478,753 to €423,228
of which Trade receivables: -€50,000
- Cash -€22,732
down €22,732 (-85.0%), from €26,750 to €4,019
mainly Investment in fixed assets (net) (-€177,653) and Contributions, distributions and other (-€19,674)
- Debts after one year +€93,787
new in 2025: €93,787
- Reserves -€19,674
down €19,674 (-12.2%), from €161,250 to €141,576
of which Tax-exempt reserves: -€19,674
- Profit (loss) carried forward +€12,441
up €12,441 (+4.3%), from €289,380 to €301,821
- Provisions -€6,558
down €6,558 (-13.5%), from €48,750 to €42,192
- Depreciation +€7,383
new in 2025: €7,383
- Taxes +€4,091
up €4,091 (+2145.9%), from €191 to €4,281
- Financial charges +€1,920
up €1,920 (+925.9%), from €207 to €2,127
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Gross operating margin +€85
no longer reported in 2025 (was -€85)
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 | €505,728 | €597,743 | +€92,015 | +18.2% |
| Fixed assets | 21/28 | €225 | €170,496 | +€170,271 | +75675.9% |
| Tangible fixed assets | 22/27 | - | €170,271 | +€170,271 | |
| Land and buildings | 22 | - | €170,271 | +€170,271 | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €505,503 | €427,247 | -€78,256 | -15.5% |
| Amounts receivable within one year | 40/41 | €478,753 | €423,228 | -€55,525 | -11.6% |
| Trade receivables | 40 | €50,000 | - | -€50,000 | |
| Other amounts receivable | 41 | €428,753 | €423,228 | -€5,525 | -1.3% |
| Cash at bank and in hand | 54/58 | €26,750 | €4,019 | -€22,732 | -85.0% |
| Total equity and liabilities | 10/49 | €505,728 | €597,743 | +€92,015 | +18.2% |
| Equity | 10/15 | €455,630 | €448,397 | -€7,233 | -1.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Outside capital | 11 | - | €5,000 | +€5,000 | |
| Other | 1109/19 | - | €5,000 | +€5,000 | |
| Reserves | 13 | €161,250 | €141,576 | -€19,674 | -12.2% |
| Tax-exempt reserves | 132 | €146,250 | €126,576 | -€19,674 | -13.5% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €289,380 | €301,821 | +€12,441 | +4.3% |
| Provisions and deferred taxes | 16 | €48,750 | €42,192 | -€6,558 | -13.5% |
| Deferred taxes | 168 | €48,750 | €42,192 | -€6,558 | -13.5% |
| Amounts payable | 17/49 | €1,348 | €107,154 | +€105,806 | +7849.3% |
| Amounts payable after more than one year | 17 | - | €93,787 | +€93,787 | |
| Financial debts | 170/4 | - | €93,787 | +€93,787 | |
| Amounts payable within one year | 42/48 | €1,348 | €13,367 | +€12,019 | +891.6% |
| Current portion of amounts payable after more than one year | 42 | - | €3,518 | +€3,518 | |
| Trade debts | 44 | €387 | €4,607 | +€4,220 | +1089.5% |
| Suppliers | 440/4 | €387 | €4,607 | +€4,220 | +1089.5% |
| Taxes, remuneration and social security | 45 | €961 | €5,242 | +€4,281 | +445.7% |
| Taxes | 450/3 | €961 | €5,242 | +€4,281 | +445.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,383 | +€7,383 | |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€85 | - | +€85 | |
| Operating profit (loss) | 9901 | -€472 | -€7,383 | -€6,910 | -1462.7% |
| Financial charges | 65/66B | €207 | €2,127 | +€1,920 | +925.9% |
| Recurring financial charges | 65 | €207 | €2,127 | +€1,920 | +925.9% |
| Profit (loss) for the period before taxes | 9903 | -€680 | -€9,510 | -€8,830 | -1299.0% |
| Transfer from deferred taxes | 780 | - | €26,232 | +€26,232 | |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €191 | €4,281 | +€4,091 | +2145.9% |
| Profit (loss) for the period | 9904 | -€870 | €12,441 | +€13,312 | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€870 | €12,441 | +€13,312 |
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 29 September 2026 via checked.be.