Jacobs Niels: 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 Niels
Largest movements
- Financial fixed assets -€75,000
no longer reported in 2025 (was €75,000)
- Cash -€34,917
down €34,917 (-61.8%), from €56,501 to €21,584
mainly Contributions, distributions and other (-€211,935) and Debts after one year (-€994)
- Receivables within one year -€10,514
down €10,514 (-35.5%), from €29,643 to €19,129
of which Other amounts receivable: -€8,317
- Tangible fixed assets -€1,966
down €1,966 (-19.2%), from €10,223 to €8,257
of which Furniture and vehicles: -€994
- Reserves -€146,742
down €146,742 (-93.2%), from €157,524 to €10,782
- Other debts +€25,613
new in 2025: €25,613
- Gross operating margin -€4,429
down €4,429 (-4.8%), from €93,137 to €88,708
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 | €173,953 | €51,669 | -€122,284 | -70.3% |
| Fixed assets | 21/28 | €85,223 | €8,257 | -€76,966 | -90.3% |
| Tangible fixed assets | 22/27 | €10,223 | €8,257 | -€1,966 | -19.2% |
| Plant, machinery and equipment | 23 | €1,031 | €591 | -€440 | -42.7% |
| Furniture and vehicles | 24 | €4,883 | €3,890 | -€994 | -20.3% |
| Other tangible fixed assets | 26 | €4,309 | €3,777 | -€532 | -12.4% |
| Financial fixed assets | 28 | €75,000 | - | -€75,000 | |
| Current assets | 29/58 | €88,730 | €43,412 | -€45,318 | -51.1% |
| Amounts receivable within one year | 40/41 | €29,643 | €19,129 | -€10,514 | -35.5% |
| Trade receivables | 40 | €16,838 | €14,641 | -€2,197 | -13.0% |
| Other amounts receivable | 41 | €12,805 | €4,488 | -€8,317 | -65.0% |
| Cash at bank and in hand | 54/58 | €56,501 | €21,584 | -€34,917 | -61.8% |
| Deferred charges and accrued income | 490/1 | €2,586 | €2,699 | +€113 | +4.4% |
| Total equity and liabilities | 10/49 | €173,953 | €51,669 | -€122,284 | -70.3% |
| Equity | 10/15 | €158,524 | €11,782 | -€146,742 | -92.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €157,524 | €10,782 | -€146,742 | -93.2% |
| Distributable reserves | 133 | €157,524 | €10,782 | -€146,742 | -93.2% |
| Amounts payable | 17/49 | €15,430 | €39,887 | +€24,458 | +159% |
| Amounts payable after more than one year | 17 | €994 | - | -€994 | |
| Financial debts | 170/4 | €994 | - | -€994 | |
| Amounts payable within one year | 42/48 | €14,144 | €38,197 | +€24,054 | +170% |
| Current portion of amounts payable after more than one year | 42 | €3,975 | €3,594 | -€381 | -9.6% |
| Trade debts | 44 | €2,026 | €1,184 | -€842 | -41.6% |
| Suppliers | 440/4 | €2,026 | €1,184 | -€842 | -41.6% |
| Taxes, remuneration and social security | 45 | €8,143 | €7,806 | -€337 | -4.1% |
| Taxes | 450/3 | €5,243 | €4,906 | -€337 | -6.4% |
| Remuneration and social security | 454/9 | €2,900 | €2,900 | = | 0.0% |
| Other amounts payable | 47/48 | - | €25,613 | +€25,613 | |
| Accrued charges and deferred income | 492/3 | €292 | €1,690 | +€1,399 | +480% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,410 | €4,215 | -€195 | -4.4% |
| Other operating charges | 640/8 | €929 | €813 | -€116 | -12.5% |
| Gross operating margin | 9900 | €93,137 | €88,708 | -€4,429 | -4.8% |
| Operating profit (loss) | 9901 | €87,798 | €83,680 | -€4,118 | -4.7% |
| Financial income | 75/76B | €194 | €437 | +€243 | +126% |
| Recurring financial income | 75 | €194 | €437 | +€243 | +126% |
| Financial charges | 65/66B | €536 | €411 | -€125 | -23.3% |
| Recurring financial charges | 65 | €536 | €411 | -€125 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €87,456 | €83,706 | -€3,750 | -4.3% |
| Income taxes | 67/77 | €19,284 | €18,512 | -€772 | -4.0% |
| Profit (loss) for the period | 9904 | €68,172 | €65,194 | -€2,978 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,172 | €65,194 | -€2,978 | -4.4% |
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 23 October 2026 via checked.be.