Jacobs Horse Training: 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 Horse Training
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€500
no longer reported in 2025 (was -€500)
- Other operating charges -€177
no longer reported in 2025 (was €177)
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total equity and liabilities | 10/49 | €0 | €0 | = | |
| Equity | 10/15 | -€4,647 | -€4,647 | = | 0.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €447 | €447 | = | 0.0% |
| Non-distributable reserves | 130/1 | €447 | €447 | = | 0.0% |
| Reserves not available under the articles | 1311 | €447 | €447 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,294 | -€11,294 | = | 0.0% |
| Amounts payable | 17/49 | €4,647 | €4,647 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,970 | €3,970 | = | 0.0% |
| Other amounts payable | 47/48 | €3,970 | €3,970 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €677 | €677 | = | 0.0% |
| Other operating charges | 640/8 | €177 | - | -€177 | |
| Gross operating margin | 9900 | -€500 | - | +€500 | |
| Operating profit (loss) | 9901 | -€677 | - | +€677 | |
| Profit (loss) for the period before taxes | 9903 | -€677 | - | +€677 | |
| Profit (loss) for the period | 9904 | -€677 | - | +€677 | |
| Profit (loss) for the period to be appropriated | 9905 | -€677 | - | +€677 |
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 28 October 2026 via checked.be.