JACOBS STEFAN: what changed
Two fiscal 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 STEFAN
Largest movements
- Cash +€7,081
up €7,081 (+12.8%), from €55,404 to €62,485
mainly Other debts (+€6,315) and Net result for the year (+€2,830)
- Receivables within one year +€3,253
up €3,253 (+15.0%), from €21,637 to €24,890
of which Trade receivables: +€3,084
- Tangible fixed assets -€2,276
down €2,276 (-62.7%), from €3,630 to €1,354
of which Furniture and vehicles: -€1,868
- Other debts +€6,315
up €6,315 (+177.3%), from €3,561 to €9,876
- Reserves +€2,830
up €2,830 (+5.4%), from €52,781 to €55,611
- Gross operating margin -€8,583
down €8,583 (-52.8%), from €16,252 to €7,669
- Other operating charges -€6,294
down €6,294 (-86.7%), from €7,262 to €968
- Financial charges -€770
down €770 (-61.8%), from €1,246 to €476
of which Financial charges: -€522
- Taxes -€301
down €301 (-20.8%), from €1,449 to €1,148
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 | €82,809 | €91,218 | +€8,410 | +10.2% |
| Fixed assets | 21/28 | €3,630 | €1,354 | -€2,276 | -62.7% |
| Tangible fixed assets | 22/27 | €3,630 | €1,354 | -€2,276 | -62.7% |
| Plant, machinery and equipment | 23 | €976 | €567 | -€408 | -41.9% |
| Furniture and vehicles | 24 | €2,654 | €787 | -€1,868 | -70.4% |
| Current assets | 29/58 | €79,179 | €89,864 | +€10,686 | +13.5% |
| Amounts receivable within one year | 40/41 | €21,637 | €24,890 | +€3,253 | +15.0% |
| Trade receivables | 40 | €16,117 | €19,201 | +€3,084 | +19.1% |
| Other amounts receivable | 41 | €5,520 | €5,689 | +€169 | +3.1% |
| Cash at bank and in hand | 54/58 | €55,404 | €62,485 | +€7,081 | +12.8% |
| Deferred charges and accrued income | 490/1 | €2,138 | €2,489 | +€352 | +16.4% |
| Total equity and liabilities | 10/49 | €82,809 | €91,218 | +€8,410 | +10.2% |
| Equity | 10/15 | €62,341 | €65,171 | +€2,830 | +4.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €52,781 | €55,611 | +€2,830 | +5.4% |
| Distributable reserves | 133 | €52,781 | €55,611 | +€2,830 | +5.4% |
| Profit (loss) carried forward | 14 | €3,360 | €3,360 | +€0 | 0.0% |
| Amounts payable | 17/49 | €20,467 | €26,047 | +€5,579 | +27.3% |
| Amounts payable within one year | 42/48 | €20,467 | €26,047 | +€5,579 | +27.3% |
| Trade debts | 44 | €14,806 | €14,053 | -€753 | -5.1% |
| Suppliers | 440/4 | €14,806 | €14,053 | -€753 | -5.1% |
| Taxes, remuneration and social security | 45 | €2,101 | €2,118 | +€18 | +0.8% |
| Remuneration and social security | 454/9 | €2,101 | €2,118 | +€18 | +0.8% |
| Other amounts payable | 47/48 | €3,561 | €9,876 | +€6,315 | +177.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,395 | €2,276 | -€119 | -5.0% |
| Other operating charges | 640/8 | €7,262 | €968 | -€6,294 | -86.7% |
| Gross operating margin | 9900 | €16,252 | €7,669 | -€8,583 | -52.8% |
| Operating profit (loss) | 9901 | €6,595 | €4,425 | -€2,170 | -32.9% |
| Financial income | 75/76B | €20 | €29 | +€8 | +41.1% |
| Recurring financial income | 75 | €20 | €29 | +€8 | +41.1% |
| Financial charges | 65/66B | €1,246 | €476 | -€770 | -61.8% |
| Recurring financial charges | 65 | €999 | €476 | -€522 | -52.3% |
| Non-recurring financial charges | 66B | €248 | €0 | -€248 | -100.0% |
| Profit (loss) for the period before taxes | 9903 | €5,369 | €3,978 | -€1,392 | -25.9% |
| Income taxes | 67/77 | €1,449 | €1,148 | -€301 | -20.8% |
| Profit (loss) for the period | 9904 | €3,921 | €2,830 | -€1,090 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,921 | €2,830 | -€1,090 | -27.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.