JACO IT-SOLUTIONS: 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.
JACO IT-SOLUTIONS
Largest movements
- Cash -€81,360
down €81,360 (-28.2%), from €288,658 to €207,298
mainly Debts after one year (-€41,031) and Net result for the year (-€40,118)
- Tangible fixed assets -€37,185
down €37,185 (-10.1%), from €369,165 to €331,980
- Receivables within one year +€11,891
up €11,891 (+25.7%), from €46,316 to €58,207
of which Trade receivables: +€12,231
- Reserves -€58,518
down €58,518 (-12.6%), from €464,440 to €405,922
of which Distributable reserves: -€58,518
- Debts after one year -€41,031
down €41,031 (-25.9%), from €158,324 to €117,293
of which Financial debts: -€37,855
- Tax, wage and social debts -€7,528
down €7,528 (-56.9%), from €13,228 to €5,700
of which Taxes: -€5,110
- Gross operating margin -€13,975
down €13,975 (-22.5%), from €62,050 to €48,075
- Financial charges -€5,395
down €5,395 (-51.2%), from €10,536 to €5,141
- Staff costs +€4,510
up €4,510 (+13.2%), from €34,218 to €38,729
- Other operating charges +€2,409
up €2,409 (+54.5%), from €4,421 to €6,831
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 | €705,205 | €599,266 | -€105,939 | -15.0% |
| Fixed assets | 21/28 | €369,165 | €331,980 | -€37,185 | -10.1% |
| Tangible fixed assets | 22/27 | €369,165 | €331,980 | -€37,185 | -10.1% |
| Land and buildings | 22 | €258,520 | €240,390 | -€18,129 | -7.0% |
| Plant, machinery and equipment | 23 | €11,567 | €9,183 | -€2,384 | -20.6% |
| Furniture and vehicles | 24 | €29,788 | €20,816 | -€8,972 | -30.1% |
| Other tangible fixed assets | 26 | €69,290 | €61,591 | -€7,699 | -11.1% |
| Current assets | 29/58 | €336,039 | €267,285 | -€68,754 | -20.5% |
| Amounts receivable within one year | 40/41 | €46,316 | €58,207 | +€11,891 | +25.7% |
| Trade receivables | 40 | €45,977 | €58,207 | +€12,231 | +26.6% |
| Other amounts receivable | 41 | €340 | €0 | -€340 | -100.0% |
| Cash at bank and in hand | 54/58 | €288,658 | €207,298 | -€81,360 | -28.2% |
| Deferred charges and accrued income | 490/1 | €1,065 | €1,780 | +€715 | +67.1% |
| Total equity and liabilities | 10/49 | €705,205 | €599,266 | -€105,939 | -15.0% |
| Equity | 10/15 | €483,032 | €424,514 | -€58,518 | -12.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €464,440 | €405,922 | -€58,518 | -12.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €464,440 | €405,922 | -€58,518 | -12.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €222,173 | €174,751 | -€47,421 | -21.3% |
| Amounts payable after more than one year | 17 | €158,324 | €117,293 | -€41,031 | -25.9% |
| Financial debts | 170/4 | €99,134 | €61,279 | -€37,855 | -38.2% |
| Other amounts payable | 178/9 | €59,190 | €56,014 | -€3,176 | -5.4% |
| Amounts payable within one year | 42/48 | €59,245 | €55,809 | -€3,436 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €39,476 | €36,936 | -€2,540 | -6.4% |
| Trade debts | 44 | €6,536 | €13,173 | +€6,637 | +101.6% |
| Suppliers | 440/4 | €6,536 | €13,173 | +€6,637 | +101.6% |
| Taxes, remuneration and social security | 45 | €13,228 | €5,700 | -€7,528 | -56.9% |
| Taxes | 450/3 | €8,797 | €3,686 | -€5,110 | -58.1% |
| Remuneration and social security | 454/9 | €4,432 | €2,013 | -€2,418 | -54.6% |
| Other amounts payable | 47/48 | €5 | €0 | -€5 | -100.0% |
| Accrued charges and deferred income | 492/3 | €4,604 | €1,650 | -€2,954 | -64.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €34,218 | €38,729 | +€4,510 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,527 | €37,185 | -€342 | -0.9% |
| Other operating charges | 640/8 | €4,421 | €6,831 | +€2,409 | +54.5% |
| Non-recurring operating charges | 66A | - | €166 | +€166 | |
| Gross operating margin | 9900 | €62,050 | €48,075 | -€13,975 | -22.5% |
| Operating profit (loss) | 9901 | -€14,117 | -€34,835 | -€20,719 | -146.8% |
| Financial income | 75/76B | €11 | €0 | -€11 | -100.0% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -100.0% |
| Financial charges | 65/66B | €10,536 | €5,141 | -€5,395 | -51.2% |
| Recurring financial charges | 65 | €10,536 | €5,141 | -€5,395 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | -€24,641 | -€39,976 | -€15,335 | -62.2% |
| Income taxes | 67/77 | €134 | €141 | +€7 | +5.4% |
| Profit (loss) for the period | 9904 | -€24,775 | -€40,118 | -€15,343 | -61.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,775 | -€40,118 | -€15,343 | -61.9% |
Source: filed annual accounts (NBB), financial years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.