JACOBS en SMOLDERS: what changed
JACOBS en SMOLDERS
Largest movements
- Cash -€49,876
down €49,876 (-21.2%), from €235,059 to €185,183
mainly Net result for the year (-€60,158) and Trade debts (-€9,409)
- Tangible fixed assets -€5,326
down €5,326 (-29.2%), from €18,266 to €12,939
of which Furniture and vehicles: -€4,389
- Receivables within one year -€5,045
down €5,045 (-41.0%), from €12,307 to €7,262
of which Trade receivables: -€3,450
- Profit (loss) carried forward -€60,158
new in 2025: -€60,158
- Trade debts -€9,409
down €9,409 (-57.0%), from €16,515 to €7,106
- Tax, wage and social debts +€5,000
up €5,000 (+202%), from €2,475 to €7,475
- Gross operating margin -€46,616
down €46,616, from €2,939 to -€43,678
- Financial charges +€10,127
up €10,127 (+1,035%), from €978 to €11,105
- Financial income -€6,856
down €6,856 (-89.7%), from €7,639 to €783
- Depreciation +€1,302
up €1,302 (+32.4%), from €4,024 to €5,326
- Taxes -€650
no longer reported in 2025 (was €650)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €445,075 | €380,681 | -€64,394 | -14.5% |
| Fixed assets | 21/28 | €19,381 | €14,055 | -€5,326 | -27.5% |
| Tangible fixed assets | 22/27 | €18,266 | €12,939 | -€5,326 | -29.2% |
| Land and buildings | 22 | €3,547 | €2,610 | -€938 | -26.4% |
| Furniture and vehicles | 24 | €14,719 | €10,330 | -€4,389 | -29.8% |
| Financial fixed assets | 28 | €1,116 | €1,116 | = | 0.0% |
| Current assets | 29/58 | €425,694 | €366,626 | -€59,068 | -13.9% |
| Stocks and contracts in progress | 3 | €178,328 | €174,181 | -€4,147 | -2.3% |
| Stocks | 30/36 | €178,328 | €174,181 | -€4,147 | -2.3% |
| Amounts receivable within one year | 40/41 | €12,307 | €7,262 | -€5,045 | -41.0% |
| Trade receivables | 40 | €10,712 | €7,262 | -€3,450 | -32.2% |
| Other amounts receivable | 41 | €1,595 | - | -€1,595 | |
| Cash at bank and in hand | 54/58 | €235,059 | €185,183 | -€49,876 | -21.2% |
| Total equity and liabilities | 10/49 | €445,075 | €380,681 | -€64,394 | -14.5% |
| Equity | 10/15 | €424,252 | €364,094 | -€60,158 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €405,652 | €405,652 | = | 0.0% |
| Distributable reserves | 133 | €405,652 | €405,652 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€60,158 | -€60,158 | |
| Amounts payable | 17/49 | €20,823 | €16,587 | -€4,237 | -20.3% |
| Amounts payable within one year | 42/48 | €20,823 | €16,587 | -€4,237 | -20.3% |
| Trade debts | 44 | €16,515 | €7,106 | -€9,409 | -57.0% |
| Suppliers | 440/4 | €16,515 | €7,106 | -€9,409 | -57.0% |
| Taxes, remuneration and social security | 45 | €2,475 | €7,475 | +€5,000 | +202% |
| Taxes | 450/3 | €2,475 | €7,475 | +€5,000 | +202% |
| Other amounts payable | 47/48 | €1,833 | €2,005 | +€172 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,024 | €5,326 | +€1,302 | +32.4% |
| Other operating charges | 640/8 | €737 | €833 | +€95 | +12.9% |
| Gross operating margin | 9900 | €2,939 | -€43,678 | -€46,616 | |
| Operating profit (loss) | 9901 | -€1,823 | -€49,836 | -€48,013 | -2,634% |
| Financial income | 75/76B | €7,639 | €783 | -€6,856 | -89.7% |
| Recurring financial income | 75 | €7,639 | €783 | -€6,856 | -89.7% |
| Financial charges | 65/66B | €978 | €11,105 | +€10,127 | +1,035% |
| Recurring financial charges | 65 | €978 | €11,105 | +€10,127 | +1,035% |
| Profit (loss) for the period before taxes | 9903 | €4,838 | -€60,158 | -€64,996 | |
| Income taxes | 67/77 | €650 | - | -€650 | |
| Profit (loss) for the period | 9904 | €4,188 | -€60,158 | -€64,346 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,188 | -€60,158 | -€64,346 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.