JACOB PROJECT CONTROL: 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.
JACOB PROJECT CONTROL
Largest movements
- Tangible fixed assets +€13,317
up €13,317 (+324%), from €4,116 to €17,433
of which Plant, machinery and equipment: +€8,498
- Current investments +€13,000
up €13,000 (+118%), from €11,000 to €24,000
- Cash +€6,859
up €6,859 (+7.7%), from €88,817 to €95,676
mainly Net result for the year (+€49,906) and Depreciation (+€1,622)
- Receivables within one year +€3,494
up €3,494 (+29.9%), from €11,689 to €15,183
of which Trade receivables: +€1,863
- Reserves +€49,906
up €49,906 (+55.2%), from €90,370 to €140,276
- Other debts -€14,491
down €14,491 (-94.9%), from €15,274 to €783
- Gross operating margin +€2,784
up €2,784 (+4.3%), from €64,135 to €66,919
- Taxes +€1,355
up €1,355 (+10.3%), from €13,190 to €14,546
- Depreciation +€912
up €912 (+128%), from €710 to €1,622
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 | €119,347 | €156,068 | +€36,721 | +30.8% |
| Fixed assets | 21/28 | €4,116 | €18,183 | +€14,067 | +342% |
| Tangible fixed assets | 22/27 | €4,116 | €17,433 | +€13,317 | +324% |
| Plant, machinery and equipment | 23 | €4,116 | €12,614 | +€8,498 | +206% |
| Furniture and vehicles | 24 | - | €1,208 | +€1,208 | |
| Other tangible fixed assets | 26 | - | €3,611 | +€3,611 | |
| Financial fixed assets | 28 | - | €750 | +€750 | |
| Current assets | 29/58 | €115,231 | €137,885 | +€22,654 | +19.7% |
| Amounts receivable within one year | 40/41 | €11,689 | €15,183 | +€3,494 | +29.9% |
| Trade receivables | 40 | €11,689 | €13,552 | +€1,863 | +15.9% |
| Other amounts receivable | 41 | €0 | €1,631 | +€1,631 | |
| Current investments | 50/53 | €11,000 | €24,000 | +€13,000 | +118% |
| Cash at bank and in hand | 54/58 | €88,817 | €95,676 | +€6,859 | +7.7% |
| Deferred charges and accrued income | 490/1 | €3,725 | €3,025 | -€700 | -18.8% |
| Total equity and liabilities | 10/49 | €119,347 | €156,068 | +€36,721 | +30.8% |
| Equity | 10/15 | €92,870 | €142,776 | +€49,906 | +53.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €90,370 | €140,276 | +€49,906 | +55.2% |
| Distributable reserves | 133 | €90,370 | €140,276 | +€49,906 | +55.2% |
| Amounts payable | 17/49 | €26,476 | €13,292 | -€13,185 | -49.8% |
| Amounts payable within one year | 42/48 | €26,473 | €12,403 | -€14,071 | -53.2% |
| Trade debts | 44 | €1,457 | €2,203 | +€745 | +51.1% |
| Suppliers | 440/4 | €1,457 | €2,203 | +€745 | +51.1% |
| Taxes, remuneration and social security | 45 | €9,742 | €9,417 | -€325 | -3.3% |
| Taxes | 450/3 | €9,742 | €9,417 | -€325 | -3.3% |
| Other amounts payable | 47/48 | €15,274 | €783 | -€14,491 | -94.9% |
| Accrued charges and deferred income | 492/3 | €3 | €889 | +€886 | +29,246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €710 | €1,622 | +€912 | +128% |
| Other operating charges | 640/8 | €363 | €647 | +€284 | +78.2% |
| Gross operating margin | 9900 | €64,135 | €66,919 | +€2,784 | +4.3% |
| Operating profit (loss) | 9901 | €63,062 | €64,650 | +€1,588 | +2.5% |
| Financial income | 75/76B | €8 | €588 | +€580 | +7,077% |
| Recurring financial income | 75 | €8 | €588 | +€580 | +7,077% |
| Financial charges | 65/66B | €1,259 | €787 | -€472 | -37.5% |
| Recurring financial charges | 65 | €1,259 | €787 | -€472 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €61,811 | €64,451 | +€2,641 | +4.3% |
| Income taxes | 67/77 | €13,190 | €14,546 | +€1,355 | +10.3% |
| Profit (loss) for the period | 9904 | €48,620 | €49,906 | +€1,285 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €48,620 | €49,906 | +€1,285 | +2.6% |
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 14 October 2026 via checked.be.