JACOBS: what changed
Two fiscal 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.
JACOBS
Largest movements
- Tangible fixed assets -€84,556
down €84,556 (-11.4%), from €744,262 to €659,707
- Cash +€35,382
up €35,382 (+57.3%), from €61,709 to €97,091
mainly Depreciation (+€87,912) and Stocks and contracts (+€31,053)
- Stocks and contracts -€31,053
down €31,053 (-21.4%), from €145,150 to €114,097
- Debts after one year -€95,898
down €95,898 (-31.5%), from €304,431 to €208,533
- Other debts -€20,040
down €20,040 (-8.8%), from €227,019 to €206,978
- Current portion of long-term debt +€17,195
up €17,195 (+26.1%), from €65,933 to €83,127
- Tax, wage and social debts +€11,112
up €11,112 (+86.6%), from €12,827 to €23,939
- Gross operating margin +€5,232
up €5,232 (+4.4%), from €120,230 to €125,462
- Depreciation -€3,013
down €3,013 (-3.3%), from €90,925 to €87,912
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 | €992,943 | €909,516 | -€83,427 | -8.4% |
| Fixed assets | 21/28 | €744,922 | €660,367 | -€84,556 | -11.4% |
| Tangible fixed assets | 22/27 | €744,262 | €659,707 | -€84,556 | -11.4% |
| Land and buildings | 22 | €497,509 | €465,831 | -€31,678 | -6.4% |
| Plant, machinery and equipment | 23 | €130,654 | €110,409 | -€20,244 | -15.5% |
| Furniture and vehicles | 24 | €10,291 | €4,797 | -€5,493 | -53.4% |
| Leasing and similar rights | 25 | €105,809 | €78,669 | -€27,140 | -25.7% |
| Financial fixed assets | 28 | €660 | €660 | = | 0.0% |
| Current assets | 29/58 | €248,020 | €249,150 | +€1,129 | +0.5% |
| Stocks and contracts in progress | 3 | €145,150 | €114,097 | -€31,053 | -21.4% |
| Stocks | 30/36 | €145,150 | €114,097 | -€31,053 | -21.4% |
| Amounts receivable within one year | 40/41 | €34,480 | €33,997 | -€484 | -1.4% |
| Trade receivables | 40 | €17,247 | €22,975 | +€5,729 | +33.2% |
| Other amounts receivable | 41 | €17,234 | €11,022 | -€6,212 | -36.0% |
| Cash at bank and in hand | 54/58 | €61,709 | €97,091 | +€35,382 | +57.3% |
| Deferred charges and accrued income | 490/1 | €6,681 | €3,965 | -€2,715 | -40.6% |
| Total equity and liabilities | 10/49 | €992,943 | €909,516 | -€83,427 | -8.4% |
| Equity | 10/15 | €382,387 | €384,270 | +€1,883 | +0.5% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €319,887 | €321,770 | +€1,883 | +0.6% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Tax-exempt reserves | 132 | €99 | €99 | = | 0.0% |
| Distributable reserves | 133 | €313,538 | €315,421 | +€1,883 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €610,556 | €525,246 | -€85,310 | -14.0% |
| Amounts payable after more than one year | 17 | €304,431 | €208,533 | -€95,898 | -31.5% |
| Financial debts | 170/4 | €304,431 | €208,533 | -€95,898 | -31.5% |
| Amounts payable within one year | 42/48 | €306,125 | €316,713 | +€10,588 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €65,933 | €83,127 | +€17,195 | +26.1% |
| Trade debts | 44 | €346 | €2,668 | +€2,322 | +670.3% |
| Suppliers | 440/4 | €346 | €2,668 | +€2,322 | +670.3% |
| Taxes, remuneration and social security | 45 | €12,827 | €23,939 | +€11,112 | +86.6% |
| Taxes | 450/3 | €12,827 | €23,939 | +€11,112 | +86.6% |
| Other amounts payable | 47/48 | €227,019 | €206,978 | -€20,040 | -8.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,925 | €87,912 | -€3,013 | -3.3% |
| Other operating charges | 640/8 | €10,246 | €9,392 | -€853 | -8.3% |
| Gross operating margin | 9900 | €120,230 | €125,462 | +€5,232 | +4.4% |
| Operating profit (loss) | 9901 | €19,059 | €28,158 | +€9,099 | +47.7% |
| Financial income | 75/76B | €558 | €314 | -€244 | -43.7% |
| Recurring financial income | 75 | €558 | €314 | -€244 | -43.7% |
| Financial charges | 65/66B | €26,862 | €26,589 | -€273 | -1.0% |
| Recurring financial charges | 65 | €26,862 | €26,589 | -€273 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,245 | €1,883 | +€9,128 | |
| Income taxes | 67/77 | €0 | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€7,245 | €1,883 | +€9,128 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,245 | €1,883 | +€9,128 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.