JACO BELGIUM: what changed
What changed
JACO BELGIUM
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
filed annual accounts (NBB)
Net result for the year
€25,693
2024 · €21,698+€3,995
Equity
€159,198
2024 · €159,198
Cash
€48,863
2024 · €44,435+€4,428
Balance sheet total
€191,962
2024 · €191,106+€856
Largest movements
Assets
- Tangible fixed assets -€5,796
down €5,796 (-8.6%), from €67,496 to €61,700
- Cash +€4,428
up €4,428 (+10.0%), from €44,435 to €48,863
mainly Net result for the year (+€25,693) and Depreciation (+€12,675)
Equity and liabilities
- Tax, wage and social debts -€5,168
down €5,168 (-50.6%), from €10,210 to €5,042
- Other debts +€3,995
up €3,995 (+18.4%), from €21,698 to €25,693
- Trade debts +€2,029
new in 2025: €2,029
Income statement
- Gross operating margin +€5,671
up €5,671 (+12.4%), from €45,646 to €51,317
- Taxes +€1,437
up €1,437 (+19.7%), from €7,303 to €8,740
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€21,698
Gross operating margin
+€5,671
Depreciation
-€40
Other operating charges
-€189
Financial charges
-€10
Taxes
-€1,437
Result 2025
€25,693
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€36,999
Investment
-€6,879
Financing
-€25,693
Cash 2024
€44,435
From operations (derived)
+€36,999
Net result for the year
+€25,693
Depreciation
+€12,675
Receivables within one year
-€1,500
Deferred charges and accrued income
-€724
Trade debts
+€2,029
Tax, wage and social debts
-€5,168
Other debts
+€3,995
Investment (derived)
-€6,879
Investment in fixed assets (net)
-€6,879
Financing
-€25,693
Contributions, distributions and other
-€25,693
Cash 2025
€48,863
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €191,106 | €191,962 | +€856 | +0.4% |
| Fixed assets | 21/28 | €67,496 | €61,700 | -€5,796 | -8.6% |
| Tangible fixed assets | 22/27 | €67,496 | €61,700 | -€5,796 | -8.6% |
| Land and buildings | 22 | €67,496 | €61,700 | -€5,796 | -8.6% |
| Current assets | 29/58 | €123,611 | €130,263 | +€6,652 | +5.4% |
| Amounts receivable after more than one year | 29 | €75,000 | €75,000 | = | 0.0% |
| Other amounts receivable | 291 | €75,000 | €75,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,175 | €5,675 | +€1,500 | +35.9% |
| Other amounts receivable | 41 | €4,175 | €5,675 | +€1,500 | +35.9% |
| Cash at bank and in hand | 54/58 | €44,435 | €48,863 | +€4,428 | +10.0% |
| Deferred charges and accrued income | 490/1 | - | €724 | +€724 | |
| Total equity and liabilities | 10/49 | €191,106 | €191,962 | +€856 | +0.4% |
| Equity | 10/15 | €159,198 | €159,198 | = | 0.0% |
| Contributions | 10/11 | €8,684 | €8,684 | = | 0.0% |
| Reserves | 13 | €150,514 | €150,514 | = | 0.0% |
| Distributable reserves | 133 | €150,514 | €150,514 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €31,908 | €32,764 | +€856 | +2.7% |
| Amounts payable within one year | 42/48 | €31,908 | €32,764 | +€856 | +2.7% |
| Trade debts | 44 | - | €2,029 | +€2,029 | |
| Suppliers | 440/4 | - | €2,029 | +€2,029 | |
| Taxes, remuneration and social security | 45 | €10,210 | €5,042 | -€5,168 | -50.6% |
| Taxes | 450/3 | €10,210 | €5,042 | -€5,168 | -50.6% |
| Other amounts payable | 47/48 | €21,698 | €25,693 | +€3,995 | +18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,635 | €12,675 | +€40 | +0.3% |
| Other operating charges | 640/8 | €5,461 | €5,650 | +€189 | +3.5% |
| Gross operating margin | 9900 | €45,646 | €51,317 | +€5,671 | +12.4% |
| Operating profit (loss) | 9901 | €27,550 | €32,992 | +€5,442 | +19.8% |
| Financial income | 75/76B | €1,500 | €1,500 | = | 0.0% |
| Recurring financial income | 75 | €1,500 | €1,500 | = | 0.0% |
| Financial charges | 65/66B | €50 | €60 | +€10 | +20.6% |
| Recurring financial charges | 65 | €50 | €60 | +€10 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €29,000 | €34,432 | +€5,432 | +18.7% |
| Income taxes | 67/77 | €7,303 | €8,740 | +€1,437 | +19.7% |
| Profit (loss) for the period | 9904 | €21,698 | €25,693 | +€3,995 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,698 | €25,693 | +€3,995 | +18.4% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.