JACOBS GERT: 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.
JACOBS GERT
Largest movements
- Tangible fixed assets -€24,870
down €24,870 (-19.2%), from €129,485 to €104,614
of which Leasing and similar rights: -€24,000
- Cash +€6,752
up €6,752 (+4.8%), from €139,837 to €146,589
mainly Depreciation (+€38,120) and Net result for the year (+€17,050)
- Receivables within one year -€3,763
down €3,763 (-11.1%), from €33,789 to €30,025
of which Trade receivables: -€2,376
- Debts after one year -€20,794
down €20,794 (-30.6%), from €67,887 to €47,093
- Reserves +€15,332
up €15,332 (+10.8%), from €141,336 to €156,668
of which Distributable reserves: +€15,658
- Trade debts -€8,220
down €8,220 (-72.9%), from €11,270 to €3,050
- Tax, wage and social debts -€4,385
down €4,385 (-40.7%), from €10,772 to €6,387
- Gross operating margin -€25,887
down €25,887 (-28.0%), from €92,409 to €66,522
- Depreciation -€3,568
down €3,568 (-8.6%), from €41,688 to €38,120
- Taxes -€2,611
down €2,611 (-26.5%), from €9,850 to €7,239
- Financial charges -€1,151
down €1,151 (-24.7%), from €4,666 to €3,515
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 | €306,024 | €284,484 | -€21,540 | -7.0% |
| Fixed assets | 21/28 | €129,485 | €104,614 | -€24,870 | -19.2% |
| Tangible fixed assets | 22/27 | €129,485 | €104,614 | -€24,870 | -19.2% |
| Land and buildings | 22 | €2,320 | €245 | -€2,074 | -89.4% |
| Plant, machinery and equipment | 23 | €1,956 | €3,098 | +€1,142 | +58.4% |
| Furniture and vehicles | 24 | €25,931 | €25,992 | +€62 | +0.2% |
| Leasing and similar rights | 25 | €99,279 | €75,279 | -€24,000 | -24.2% |
| Current assets | 29/58 | €176,539 | €179,869 | +€3,330 | +1.9% |
| Stocks and contracts in progress | 3 | €2,150 | €1,975 | -€175 | -8.1% |
| Stocks | 30/36 | €2,150 | €1,975 | -€175 | -8.1% |
| Amounts receivable within one year | 40/41 | €33,789 | €30,025 | -€3,763 | -11.1% |
| Trade receivables | 40 | €25,347 | €22,971 | -€2,376 | -9.4% |
| Other amounts receivable | 41 | €8,442 | €7,054 | -€1,388 | -16.4% |
| Cash at bank and in hand | 54/58 | €139,837 | €146,589 | +€6,752 | +4.8% |
| Deferred charges and accrued income | 490/1 | €764 | €1,280 | +€517 | +67.6% |
| Total equity and liabilities | 10/49 | €306,024 | €284,484 | -€21,540 | -7.0% |
| Equity | 10/15 | €164,824 | €180,156 | +€15,332 | +9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €141,336 | €156,668 | +€15,332 | +10.8% |
| Tax-exempt reserves | 132 | €42,633 | €42,307 | -€326 | -0.8% |
| Distributable reserves | 133 | €98,703 | €114,361 | +€15,658 | +15.9% |
| Profit (loss) carried forward | 14 | €17,288 | €17,288 | +€0 | 0.0% |
| Provisions and deferred taxes | 16 | €2,479 | €2,371 | -€109 | -4.4% |
| Deferred taxes | 168 | €2,479 | €2,371 | -€109 | -4.4% |
| Amounts payable | 17/49 | €138,720 | €101,957 | -€36,764 | -26.5% |
| Amounts payable after more than one year | 17 | €67,887 | €47,093 | -€20,794 | -30.6% |
| Financial debts | 170/4 | €67,887 | €47,093 | -€20,794 | -30.6% |
| Amounts payable within one year | 42/48 | €70,833 | €54,863 | -€15,970 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €23,093 | €20,794 | -€2,299 | -10.0% |
| Trade debts | 44 | €11,270 | €3,050 | -€8,220 | -72.9% |
| Suppliers | 440/4 | €11,270 | €3,050 | -€8,220 | -72.9% |
| Taxes, remuneration and social security | 45 | €10,772 | €6,387 | -€4,385 | -40.7% |
| Taxes | 450/3 | €10,772 | €6,387 | -€4,385 | -40.7% |
| Other amounts payable | 47/48 | €25,699 | €24,632 | -€1,066 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,688 | €38,120 | -€3,568 | -8.6% |
| Other operating charges | 640/8 | €1,244 | €759 | -€485 | -39.0% |
| Gross operating margin | 9900 | €92,409 | €66,522 | -€25,887 | -28.0% |
| Operating profit (loss) | 9901 | €49,477 | €27,643 | -€21,834 | -44.1% |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €4,666 | €3,515 | -€1,151 | -24.7% |
| Recurring financial charges | 65 | €4,666 | €3,515 | -€1,151 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €44,811 | €24,181 | -€20,630 | -46.0% |
| Transfer from deferred taxes | 780 | - | €109 | +€109 | |
| Transfer to deferred taxes | 680 | €2,479 | - | -€2,479 | |
| Income taxes | 67/77 | €9,850 | €7,239 | -€2,611 | -26.5% |
| Profit (loss) for the period | 9904 | €32,481 | €17,050 | -€15,431 | -47.5% |
| Transfer from tax-exempt reserves | 789 | - | €326 | +€326 | |
| Transfer to tax-exempt reserves | 689 | €7,438 | - | -€7,438 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,043 | €17,376 | -€7,667 | -30.6% |
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 10 October 2026 via checked.be.