JACOBS: 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.
What changed
JACOBS
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€33,564
2024 · €172,285-€205,849
Equity
€1.8m
2024 · €1.8m-€52,012
Cash
€605,443
2024 · €919,215-€313,773
Balance sheet total
€9.2m
2024 · €7.7m+€1.5m
Largest movements
Assets
- Receivables within one year +€1.8m
up €1.8m (+37.1%), from €4.8m to €6.5m
of which Trade receivables: +€1.8m
- Cash -€313,773
down €313,773 (-34.1%), from €919,215 to €605,443
mainly Receivables within one year (-€1.8m) and Investment in fixed assets (net) (-€528,667)
- Stocks and contracts +€99,036
up €99,036 (+35.6%), from €278,025 to €377,060
Equity and liabilities
- Trade debts +€1.8m
up €1.8m (+45.2%), from €4.0m to €5.9m
- Current portion of long-term debt -€217,667
down €217,667 (-34.0%), from €640,156 to €422,489
Income statement
- Gross operating margin -€356,748
down €356,748 (-11.7%), from €3.0m to €2.7m
- Depreciation -€212,304
down €212,304 (-26.6%), from €799,437 to €587,132
- Staff costs +€97,404
up €97,404 (+5.3%), from €1.8m to €1.9m
- Other operating charges -€82,868
down €82,868 (-45.9%), from €180,585 to €97,717
- Taxes -€66,760
down €66,760 (-100.0%), from €66,761 to €1
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.
Result 2024
€172,285
Gross operating margin
-€356,748
Staff costs
-€97,404
Depreciation
+€212,304
Other operating charges
+€82,868
Other operating items
-€85,253
Financial income
-€19,684
Financial charges
-€8,692
Taxes
+€66,760
Result 2025
-€33,564
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.
From operations
+€438,344
Investment
-€528,667
Financing
-€223,450
Cash 2024
€919,215
From operations (derived)
+€438,344
Net result for the year
-€33,564
Depreciation
+€587,132
Stocks and contracts
-€99,036
Receivables within one year
-€1.8m
Deferred charges and accrued income
-€9,926
Trade debts
+€1.8m
Tax, wage and social debts
-€60,018
Smaller working-capital items
-€686
Investment (derived)
-€528,667
Investment in fixed assets (net)
-€528,667
Financing
-€223,450
Debts after one year
+€12,443
Current portion of long-term debt
-€217,667
Short-term financial debts
+€221
Contributions, distributions and other
-€18,448
Cash 2025
€605,443
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,665,469 | €9,174,166 | +€1.5m | +19.7% |
| Fixed assets | 21/28 | €1,669,059 | €1,610,594 | -€58,465 | -3.5% |
| Tangible fixed assets | 22/27 | €1,654,713 | €1,596,248 | -€58,465 | -3.5% |
| Plant, machinery and equipment | 23 | €210,288 | €225,025 | +€14,737 | +7.0% |
| Furniture and vehicles | 24 | €197,941 | €157,039 | -€40,902 | -20.7% |
| Leasing and similar rights | 25 | €1,246,484 | €1,214,184 | -€32,300 | -2.6% |
| Financial fixed assets | 28 | €14,346 | €14,346 | = | 0.0% |
| Current assets | 29/58 | €5,996,410 | €7,563,572 | +€1.6m | +26.1% |
| Stocks and contracts in progress | 3 | €278,025 | €377,060 | +€99,036 | +35.6% |
| Stocks | 30/36 | €278,025 | €377,060 | +€99,036 | +35.6% |
| Amounts receivable within one year | 40/41 | €4,777,266 | €6,549,239 | +€1.8m | +37.1% |
| Trade receivables | 40 | €4,561,205 | €6,322,411 | +€1.8m | +38.6% |
| Other amounts receivable | 41 | €216,061 | €226,828 | +€10,767 | +5.0% |
| Cash at bank and in hand | 54/58 | €919,215 | €605,443 | -€313,773 | -34.1% |
| Deferred charges and accrued income | 490/1 | €21,904 | €31,830 | +€9,926 | +45.3% |
| Total equity and liabilities | 10/49 | €7,665,469 | €9,174,166 | +€1.5m | +19.7% |
| Equity | 10/15 | €1,835,881 | €1,783,869 | -€52,012 | -2.8% |
| Contributions | 10/11 | €183,000 | €183,000 | = | 0.0% |
| Capital | 10 | €183,000 | €183,000 | = | 0.0% |
| Issued capital | 100 | €183,000 | €183,000 | = | 0.0% |
| Reserves | 13 | €1,614,786 | €1,581,221 | -€33,564 | -2.1% |
| Non-distributable reserves | 130/1 | €18,344 | €18,344 | = | 0.0% |
| Legal reserve | 130 | €18,344 | €18,344 | = | 0.0% |
| Tax-exempt reserves | 132 | €233,790 | €237,790 | +€4,000 | +1.7% |
| Distributable reserves | 133 | €1,362,652 | €1,325,087 | -€37,564 | -2.8% |
| Investment grants | 15 | €38,095 | €19,648 | -€18,448 | -48.4% |
| Amounts payable | 17/49 | €5,829,588 | €7,390,296 | +€1.6m | +26.8% |
| Amounts payable after more than one year | 17 | €625,716 | €638,159 | +€12,443 | +2.0% |
| Financial debts | 170/4 | €625,716 | €638,159 | +€12,443 | +2.0% |
| Amounts payable within one year | 42/48 | €5,187,241 | €6,735,691 | +€1.5m | +29.9% |
| Current portion of amounts payable after more than one year | 42 | €640,156 | €422,489 | -€217,667 | -34.0% |
| Financial debts | 43 | €194,503 | €194,724 | +€221 | +0.1% |
| Credit institutions | 430/8 | €194,503 | €194,724 | +€221 | +0.1% |
| Trade debts | 44 | €4,044,270 | €5,870,683 | +€1.8m | +45.2% |
| Suppliers | 440/4 | €4,044,270 | €5,870,683 | +€1.8m | +45.2% |
| Taxes, remuneration and social security | 45 | €303,705 | €243,687 | -€60,018 | -19.8% |
| Taxes | 450/3 | €43,940 | €14,302 | -€29,638 | -67.5% |
| Remuneration and social security | 454/9 | €259,765 | €229,386 | -€30,379 | -11.7% |
| Other amounts payable | 47/48 | €4,607 | €4,107 | -€500 | -10.9% |
| Accrued charges and deferred income | 492/3 | €16,632 | €16,446 | -€186 | -1.1% |
| Non-recurring operating income | 76A | €194,689 | €12,678 | -€182,011 | -93.5% |
| Remuneration, social security and pensions | 62 | €1,827,588 | €1,924,993 | +€97,404 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799,437 | €587,132 | -€212,304 | -26.6% |
| Other operating charges | 640/8 | €180,585 | €97,717 | -€82,868 | -45.9% |
| Non-recurring operating charges | 66A | €509 | €85,762 | +€85,253 | +16761.1% |
| Gross operating margin | 9900 | €3,046,389 | €2,689,641 | -€356,748 | -11.7% |
| Operating profit (loss) | 9901 | €238,270 | -€5,963 | -€244,234 | |
| Financial income | 75/76B | €45,798 | €26,114 | -€19,684 | -43.0% |
| Recurring financial income | 75 | €45,798 | €26,114 | -€19,684 | -43.0% |
| Financial charges | 65/66B | €45,022 | €53,713 | +€8,692 | +19.3% |
| Recurring financial charges | 65 | €45,022 | €53,713 | +€8,692 | +19.3% |
| Profit (loss) for the period before taxes | 9903 | €239,046 | -€33,563 | -€272,609 | |
| Income taxes | 67/77 | €66,761 | €1 | -€66,760 | -100.0% |
| Profit (loss) for the period | 9904 | €172,285 | -€33,564 | -€205,849 | |
| Transfer to tax-exempt reserves | 689 | - | €4,000 | +€4,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €172,285 | -€37,564 | -€209,849 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.