Jacobs Patrick & Zn: 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 Patrick & Zn
Largest movements
- Cash -€21,544
down €21,544 (-23.6%), from €91,233 to €69,689
mainly Contributions, distributions and other (-€24,764) and Other debts (-€18,858)
- Tangible fixed assets -€16,206
down €16,206 (-20.7%), from €78,457 to €62,250
- Stocks and contracts -€3,009
down €3,009 (-34.1%), from €8,835 to €5,826
- Other debts -€18,858
down €18,858 (-25.7%), from €73,496 to €54,638
- Reserves -€14,990
down €14,990 (-12.6%), from €118,544 to €103,554
- Tax, wage and social debts -€5,479
down €5,479 (-53.1%), from €10,325 to €4,846
- Gross operating margin -€23,743
down €23,743 (-38.4%), from €61,794 to €38,051
- Taxes -€8,581
down €8,581 (-68.7%), from €12,496 to €3,914
- Financial income -€6,865
no longer reported in 2025 (was €6,865)
of which Financial income: -€6,865
- Depreciation +€2,632
up €2,632 (+14.6%), from €18,028 to €20,660
- Financial charges -€1,558
down €1,558 (-35.7%), from €4,358 to €2,800
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 | €213,524 | €173,406 | -€40,118 | -18.8% |
| Fixed assets | 21/28 | €78,457 | €62,250 | -€16,206 | -20.7% |
| Tangible fixed assets | 22/27 | €78,457 | €62,250 | -€16,206 | -20.7% |
| Furniture and vehicles | 24 | €78,457 | €62,250 | -€16,206 | -20.7% |
| Current assets | 29/58 | €135,067 | €111,156 | -€23,912 | -17.7% |
| Stocks and contracts in progress | 3 | €8,835 | €5,826 | -€3,009 | -34.1% |
| Stocks | 30/36 | €8,835 | €5,826 | -€3,009 | -34.1% |
| Amounts receivable within one year | 40/41 | €34,999 | €35,640 | +€641 | +1.8% |
| Trade receivables | 40 | €28,441 | €31,387 | +€2,946 | +10.4% |
| Other amounts receivable | 41 | €6,558 | €4,253 | -€2,305 | -35.1% |
| Cash at bank and in hand | 54/58 | €91,233 | €69,689 | -€21,544 | -23.6% |
| Total equity and liabilities | 10/49 | €213,524 | €173,406 | -€40,118 | -18.8% |
| Equity | 10/15 | €124,744 | €109,754 | -€14,990 | -12.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,544 | €103,554 | -€14,990 | -12.6% |
| Distributable reserves | 133 | €118,544 | €103,554 | -€14,990 | -12.6% |
| Amounts payable | 17/49 | €88,780 | €63,652 | -€25,128 | -28.3% |
| Amounts payable within one year | 42/48 | €88,780 | €63,652 | -€25,128 | -28.3% |
| Trade debts | 44 | €4,958 | €4,168 | -€791 | -15.9% |
| Suppliers | 440/4 | €4,958 | €4,168 | -€791 | -15.9% |
| Taxes, remuneration and social security | 45 | €10,325 | €4,846 | -€5,479 | -53.1% |
| Taxes | 450/3 | €10,325 | €4,846 | -€5,479 | -53.1% |
| Other amounts payable | 47/48 | €73,496 | €54,638 | -€18,858 | -25.7% |
| Non-recurring operating income | 76A | - | €4,961 | +€4,961 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,028 | €20,660 | +€2,632 | +14.6% |
| Other operating charges | 640/8 | €927 | €902 | -€25 | -2.7% |
| Gross operating margin | 9900 | €61,794 | €38,051 | -€23,743 | -38.4% |
| Operating profit (loss) | 9901 | €42,839 | €16,489 | -€26,350 | -61.5% |
| Financial income | 75/76B | €6,865 | - | -€6,865 | |
| Recurring financial income | 75 | €6,865 | - | -€6,865 | |
| Non-recurring financial income | 76B | €6,865 | - | -€6,865 | |
| Financial charges | 65/66B | €4,358 | €2,800 | -€1,558 | -35.7% |
| Recurring financial charges | 65 | €4,358 | €2,800 | -€1,558 | -35.7% |
| Profit (loss) for the period before taxes | 9903 | €45,346 | €13,688 | -€31,658 | -69.8% |
| Income taxes | 67/77 | €12,496 | €3,914 | -€8,581 | -68.7% |
| Profit (loss) for the period | 9904 | €32,850 | €9,774 | -€23,076 | -70.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,850 | €9,774 | -€23,076 | -70.2% |
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 16 October 2026 via checked.be.