JACO PROPERTIES: 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 PROPERTIES
Largest movements
- Stocks and contracts -€425,847
down €425,847 (-26.2%), from €1.6m to €1.2m
- Cash +€236,637
up €236,637 (+176%), from €134,076 to €370,713
mainly Stocks and contracts (+€425,847) and Current portion of long-term debt (+€190,972)
- Receivables within one year +€123,029
up €123,029 (+35.7%), from €344,713 to €467,741
of which Trade receivables: +€121,460
- Debts after one year -€221,657
down €221,657 (-9.7%), from €2.3m to €2.1m
- Current portion of long-term debt +€190,972
up €190,972 (+13.1%), from €1.5m to €1.6m
- Trade debts +€63,684
up €63,684 (+852%), from €7,476 to €71,160
- Profit (loss) carried forward -€59,420
down €59,420 (-20.3%), from -€293,356 to -€352,775
- Advances received -€51,975
no longer reported in 2025 (was €51,975)
- Gross operating margin +€120,119
up €120,119 (+1,533%), from €7,834 to €127,953
- Depreciation -€18,818
down €18,818 (-30.2%), from €62,353 to €43,535
- Other operating charges +€18,352
up €18,352 (+538%), from €3,412 to €21,764
- Financial charges -€7,684
down €7,684 (-5.8%), from €131,715 to €124,031
- Financial income +€1,969
up €1,969 (+712%), from €276 to €2,245
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.
Derived cash bridge
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 | €4,032,481 | €3,931,067 | -€101,413 | -2.5% |
| Fixed assets | 21/28 | €1,926,341 | €1,890,430 | -€35,911 | -1.9% |
| Tangible fixed assets | 22/27 | €1,660,241 | €1,624,330 | -€35,911 | -2.2% |
| Land and buildings | 22 | €1,660,241 | €1,624,330 | -€35,911 | -2.2% |
| Financial fixed assets | 28 | €266,100 | €266,100 | = | 0.0% |
| Current assets | 29/58 | €2,106,140 | €2,040,637 | -€65,503 | -3.1% |
| Stocks and contracts in progress | 3 | €1,626,905 | €1,201,058 | -€425,847 | -26.2% |
| Stocks | 30/36 | €1,626,905 | €1,201,058 | -€425,847 | -26.2% |
| Amounts receivable within one year | 40/41 | €344,713 | €467,741 | +€123,029 | +35.7% |
| Trade receivables | 40 | €344,699 | €466,159 | +€121,460 | +35.2% |
| Other amounts receivable | 41 | €14 | €1,582 | +€1,568 | +11,430% |
| Cash at bank and in hand | 54/58 | €134,076 | €370,713 | +€236,637 | +176% |
| Deferred charges and accrued income | 490/1 | €446 | €1,125 | +€679 | +152% |
| Total equity and liabilities | 10/49 | €4,032,481 | €3,931,067 | -€101,413 | -2.5% |
| Equity | 10/15 | €170,235 | €110,816 | -€59,420 | -34.9% |
| Contributions | 10/11 | €461,731 | €461,731 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€293,356 | -€352,775 | -€59,420 | -20.3% |
| Amounts payable | 17/49 | €3,862,246 | €3,820,252 | -€41,994 | -1.1% |
| Amounts payable after more than one year | 17 | €2,284,380 | €2,062,722 | -€221,657 | -9.7% |
| Financial debts | 170/4 | €2,284,380 | €2,062,722 | -€221,657 | -9.7% |
| Amounts payable within one year | 42/48 | €1,551,520 | €1,741,282 | +€189,762 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €1,455,685 | €1,646,657 | +€190,972 | +13.1% |
| Trade debts | 44 | €7,476 | €71,160 | +€63,684 | +852% |
| Suppliers | 440/4 | €7,476 | €71,160 | +€63,684 | +852% |
| Advances received on contracts in progress | 46 | €51,975 | - | -€51,975 | |
| Taxes, remuneration and social security | 45 | €36,383 | €528 | -€35,856 | -98.5% |
| Taxes | 450/3 | €36,383 | €528 | -€35,856 | -98.5% |
| Other amounts payable | 47/48 | - | €22,938 | +€22,938 | |
| Accrued charges and deferred income | 492/3 | €26,346 | €16,247 | -€10,099 | -38.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,353 | €43,535 | -€18,818 | -30.2% |
| Other operating charges | 640/8 | €3,412 | €21,764 | +€18,352 | +538% |
| Gross operating margin | 9900 | €7,834 | €127,953 | +€120,119 | +1,533% |
| Operating profit (loss) | 9901 | -€57,931 | €62,654 | +€120,585 | |
| Financial income | 75/76B | €276 | €2,245 | +€1,969 | +712% |
| Recurring financial income | 75 | €276 | €2,245 | +€1,969 | +712% |
| Financial charges | 65/66B | €131,715 | €124,031 | -€7,684 | -5.8% |
| Recurring financial charges | 65 | €131,715 | €124,031 | -€7,684 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | -€189,370 | -€59,132 | +€130,238 | +68.8% |
| Income taxes | 67/77 | €69 | €288 | +€219 | +320% |
| Profit (loss) for the period | 9904 | -€189,438 | -€59,420 | +€130,019 | +68.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€189,438 | -€59,420 | +€130,019 | +68.6% |
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 24 October 2026 via checked.be.