JACOBS CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Receivables within one year +€44,260
up €44,260 (+36.9%), from €119,985 to €164,245
of which Other amounts receivable: +€42,472
- Tangible fixed assets -€16,464
down €16,464 (-25.6%), from €64,301 to €47,837
of which Furniture and vehicles: -€13,054
- Reserves -€46,524
down €46,524 (-29.0%), from €160,223 to €113,699
of which Distributable reserves: -€46,524
- Trade debts -€27,542
down €27,542 (-90.1%), from €30,582 to €3,040
- Debts after one year -€11,792
down €11,792 (-31.9%), from €36,955 to €25,163
- Current portion of long-term debt +€8,362
up €8,362 (+62.3%), from €13,430 to €21,792
- Tax, wage and social debts +€5,764
up €5,764 (+30.1%), from €19,126 to €24,890
- Gross operating margin -€9,928
down €9,928 (-20.3%), from €48,887 to €38,959
- Taxes -€3,304
down €3,304 (-28.5%), from €11,596 to €8,292
- Depreciation +€890
up €890 (+5.5%), from €16,270 to €17,160
- Financial charges -€706
down €706 (-26.7%), from €2,641 to €1,935
- Financial income +€529
up €529 (+6.9%), from €7,679 to €8,208
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 | €288,502 | €216,770 | -€71,732 | -24.9% |
| Formation expenses | 20 | €1,055 | €786 | -€269 | -25.5% |
| Fixed assets | 21/28 | €64,301 | €47,837 | -€16,464 | -25.6% |
| Tangible fixed assets | 22/27 | €64,301 | €47,837 | -€16,464 | -25.6% |
| Plant, machinery and equipment | 23 | €12,085 | €8,675 | -€3,410 | -28.2% |
| Furniture and vehicles | 24 | €52,216 | €39,162 | -€13,054 | -25.0% |
| Current assets | 29/58 | €223,146 | €168,147 | -€54,999 | -24.6% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Trade receivables | 290 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €119,985 | €164,245 | +€44,260 | +36.9% |
| Trade receivables | 40 | €20,102 | €21,890 | +€1,788 | +8.9% |
| Other amounts receivable | 41 | €99,883 | €142,355 | +€42,472 | +42.5% |
| Cash at bank and in hand | 54/58 | €528 | €1,712 | +€1,184 | +224.2% |
| Deferred charges and accrued income | 490/1 | €2,633 | €2,190 | -€443 | -16.8% |
| Total equity and liabilities | 10/49 | €288,502 | €216,770 | -€71,732 | -24.9% |
| Equity | 10/15 | €188,409 | €141,885 | -€46,524 | -24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €160,223 | €113,699 | -€46,524 | -29.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €158,363 | €111,839 | -€46,524 | -29.4% |
| Profit (loss) carried forward | 14 | €9,586 | €9,586 | = | 0.0% |
| Amounts payable | 17/49 | €100,093 | €74,885 | -€25,208 | -25.2% |
| Amounts payable after more than one year | 17 | €36,955 | €25,163 | -€11,792 | -31.9% |
| Financial debts | 170/4 | €36,955 | €25,163 | -€11,792 | -31.9% |
| Amounts payable within one year | 42/48 | €63,138 | €49,722 | -€13,416 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €13,430 | €21,792 | +€8,362 | +62.3% |
| Trade debts | 44 | €30,582 | €3,040 | -€27,542 | -90.1% |
| Suppliers | 440/4 | €30,582 | €3,040 | -€27,542 | -90.1% |
| Taxes, remuneration and social security | 45 | €19,126 | €24,890 | +€5,764 | +30.1% |
| Taxes | 450/3 | €19,126 | €24,890 | +€5,764 | +30.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,270 | €17,160 | +€890 | +5.5% |
| Other operating charges | 640/8 | €873 | €903 | +€30 | +3.4% |
| Gross operating margin | 9900 | €48,887 | €38,959 | -€9,928 | -20.3% |
| Operating profit (loss) | 9901 | €31,744 | €20,896 | -€10,848 | -34.2% |
| Financial income | 75/76B | €7,679 | €8,208 | +€529 | +6.9% |
| Recurring financial income | 75 | €7,679 | €8,208 | +€529 | +6.9% |
| Financial charges | 65/66B | €2,641 | €1,935 | -€706 | -26.7% |
| Recurring financial charges | 65 | €2,641 | €1,935 | -€706 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €36,782 | €27,169 | -€9,613 | -26.1% |
| Income taxes | 67/77 | €11,596 | €8,292 | -€3,304 | -28.5% |
| Profit (loss) for the period | 9904 | €25,186 | €18,877 | -€6,309 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €25,186 | €18,877 | -€6,309 | -25.0% |
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 29 September 2026 via checked.be.