JACOBS MAURITS: 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 MAURITS
Largest movements
- Cash -€58,417
down €58,417 (-69.7%), from €83,763 to €25,346
mainly Investment in fixed assets (net) (-€88,266) and Tax, wage and social debts (-€53,849)
- Receivables within one year -€45,984
down €45,984 (-22.5%), from €204,726 to €158,742
of which Trade receivables: -€47,011
- Tangible fixed assets +€31,175
up €31,175 (+17.2%), from €181,332 to €212,507
of which Leasing and similar rights: +€46,851
- Stocks and contracts +€24,962
up €24,962 (+3.2%), from €778,463 to €803,425
- Deferred charges and accrued income +€16,367
up €16,367 (+137%), from €11,952 to €28,320
- Tax, wage and social debts -€53,849
down €53,849 (-60.6%), from €88,806 to €34,957
of which Taxes: -€42,176
- Reserves +€48,241
up €48,241 (+13.1%), from €367,455 to €415,696
of which Distributable reserves: +€48,241
- Short-term financial debts +€36,855
new in 2025: €36,855
- Other debts -€30,016
down €30,016 (-23.3%), from €128,629 to €98,614
- Debts after one year -€15,637
down €15,637 (-6.4%), from €242,739 to €227,102
- Gross operating margin -€143,199
down €143,199 (-33.3%), from €430,434 to €287,235
- Staff costs -€84,484
down €84,484 (-37.7%), from €224,153 to €139,669
- Depreciation -€29,456
down €29,456 (-41.4%), from €71,070 to €41,614
- Taxes -€15,453
down €15,453 (-43.6%), from €35,476 to €20,022
- Write-downs +€13,338
up €13,338, from -€13,338 to €0
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.
Derived cash bridge
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 | €1,260,262 | €1,243,843 | -€16,419 | -1.3% |
| Fixed assets | 21/28 | €181,357 | €228,010 | +€46,652 | +25.7% |
| Intangible fixed assets | 21 | - | €9,077 | +€9,077 | |
| Tangible fixed assets | 22/27 | €181,332 | €212,507 | +€31,175 | +17.2% |
| Land and buildings | 22 | €37,672 | €35,960 | -€1,712 | -4.5% |
| Plant, machinery and equipment | 23 | €8,544 | €6,807 | -€1,737 | -20.3% |
| Furniture and vehicles | 24 | €53,565 | €54,387 | +€821 | +1.5% |
| Leasing and similar rights | 25 | - | €46,851 | +€46,851 | |
| Other tangible fixed assets | 26 | €81,551 | €68,503 | -€13,048 | -16.0% |
| Financial fixed assets | 28 | €25 | €6,425 | +€6,400 | +25,817% |
| Current assets | 29/58 | €1,078,905 | €1,015,833 | -€63,072 | -5.8% |
| Stocks and contracts in progress | 3 | €778,463 | €803,425 | +€24,962 | +3.2% |
| Stocks | 30/36 | €778,463 | €803,425 | +€24,962 | +3.2% |
| Amounts receivable within one year | 40/41 | €204,726 | €158,742 | -€45,984 | -22.5% |
| Trade receivables | 40 | €204,668 | €157,657 | -€47,011 | -23.0% |
| Other amounts receivable | 41 | €59 | €1,085 | +€1,027 | +1,751% |
| Cash at bank and in hand | 54/58 | €83,763 | €25,346 | -€58,417 | -69.7% |
| Deferred charges and accrued income | 490/1 | €11,952 | €28,320 | +€16,367 | +137% |
| Total equity and liabilities | 10/49 | €1,260,262 | €1,243,843 | -€16,419 | -1.3% |
| Equity | 10/15 | €423,598 | €471,839 | +€48,241 | +11.4% |
| Contributions | 10/11 | €55,784 | €55,784 | = | 0.0% |
| Reserves | 13 | €367,455 | €415,696 | +€48,241 | +13.1% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Other | 1319 | €7,437 | €7,437 | = | 0.0% |
| Distributable reserves | 133 | €360,018 | €408,259 | +€48,241 | +13.4% |
| Profit (loss) carried forward | 14 | €359 | €359 | = | 0.0% |
| Amounts payable | 17/49 | €836,664 | €772,003 | -€64,660 | -7.7% |
| Amounts payable after more than one year | 17 | €242,739 | €227,102 | -€15,637 | -6.4% |
| Financial debts | 170/4 | €242,739 | €227,102 | -€15,637 | -6.4% |
| Amounts payable within one year | 42/48 | €581,044 | €540,629 | -€40,415 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €52,158 | €62,690 | +€10,532 | +20.2% |
| Financial debts | 43 | - | €36,855 | +€36,855 | |
| Credit institutions | 430/8 | - | €36,855 | +€36,855 | |
| Trade debts | 44 | €311,451 | €307,514 | -€3,937 | -1.3% |
| Suppliers | 440/4 | €311,451 | €307,514 | -€3,937 | -1.3% |
| Taxes, remuneration and social security | 45 | €88,806 | €34,957 | -€53,849 | -60.6% |
| Taxes | 450/3 | €60,001 | €17,825 | -€42,176 | -70.3% |
| Remuneration and social security | 454/9 | €28,805 | €17,132 | -€11,673 | -40.5% |
| Other amounts payable | 47/48 | €128,629 | €98,614 | -€30,016 | -23.3% |
| Accrued charges and deferred income | 492/3 | €12,880 | €4,272 | -€8,608 | -66.8% |
| Non-recurring operating income | 76A | - | €9,933 | +€9,933 | |
| Remuneration, social security and pensions | 62 | €224,153 | €139,669 | -€84,484 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,070 | €41,614 | -€29,456 | -41.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,338 | €0 | +€13,338 | |
| Other operating charges | 640/8 | €14,533 | €26,263 | +€11,730 | +80.7% |
| Gross operating margin | 9900 | €430,434 | €287,235 | -€143,199 | -33.3% |
| Operating profit (loss) | 9901 | €134,015 | €79,689 | -€54,326 | -40.5% |
| Financial income | 75/76B | €1,971 | €4,921 | +€2,950 | +150% |
| Recurring financial income | 75 | €1,971 | €4,921 | +€2,950 | +150% |
| Financial charges | 65/66B | €28,559 | €16,346 | -€12,213 | -42.8% |
| Recurring financial charges | 65 | €28,559 | €16,346 | -€12,213 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €107,427 | €68,263 | -€39,164 | -36.5% |
| Income taxes | 67/77 | €35,476 | €20,022 | -€15,453 | -43.6% |
| Profit (loss) for the period | 9904 | €71,951 | €48,241 | -€23,710 | -33.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,951 | €48,241 | -€23,710 | -33.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.