JACOBS VERWARMING: what changed
JACOBS VERWARMING
Largest movements
- Cash +€140,378
up €140,378 (+244%), from €57,487 to €197,865
mainly Receivables within one year (+€91,246) and Net result for the year (+€83,942)
- Receivables within one year -€91,246
down €91,246 (-26.7%), from €342,304 to €251,057
of which Trade receivables: -€85,113
- Stocks and contracts +€14,348
up €14,348 (+15.9%), from €90,282 to €104,630
of which Stocks: +€29,348
- Deferred charges and accrued income +€9,755
up €9,755 (+46.1%), from €21,147 to €30,902
- Reserves +€53,575
up €53,575 (+20.4%), from €262,407 to €315,981
- Other debts +€27,049
up €27,049 (+109%), from €24,904 to €51,953
- Trade debts -€26,814
down €26,814 (-13.9%), from €192,359 to €165,545
- Tax, wage and social debts +€12,816
up €12,816 (+35.5%), from €36,094 to €48,910
of which Taxes: +€12,404
- Gross operating margin +€211,123
up €211,123 (+44.8%), from €470,796 to €681,919
- Staff costs +€112,082
up €112,082 (+29.7%), from €377,923 to €490,005
- Other operating charges +€45,642
up €45,642 (+1,223%), from €3,733 to €49,374
- Taxes +€17,416
up €17,416 (+88.7%), from €19,637 to €37,053
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €568,344 | €636,326 | +€67,982 | +12.0% |
| Fixed assets | 21/28 | €57,124 | €51,871 | -€5,253 | -9.2% |
| Tangible fixed assets | 22/27 | €57,124 | €51,871 | -€5,253 | -9.2% |
| Land and buildings | 22 | €10,535 | €8,305 | -€2,231 | -21.2% |
| Plant, machinery and equipment | 23 | €23,469 | €24,494 | +€1,024 | +4.4% |
| Furniture and vehicles | 24 | €23,119 | €19,072 | -€4,047 | -17.5% |
| Current assets | 29/58 | €511,220 | €584,455 | +€73,235 | +14.3% |
| Stocks and contracts in progress | 3 | €90,282 | €104,630 | +€14,348 | +15.9% |
| Stocks | 30/36 | €45,282 | €74,630 | +€29,348 | +64.8% |
| Contracts in progress | 37 | €45,000 | €30,000 | -€15,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €342,304 | €251,057 | -€91,246 | -26.7% |
| Trade receivables | 40 | €234,322 | €149,209 | -€85,113 | -36.3% |
| Other amounts receivable | 41 | €107,982 | €101,849 | -€6,133 | -5.7% |
| Cash at bank and in hand | 54/58 | €57,487 | €197,865 | +€140,378 | +244% |
| Deferred charges and accrued income | 490/1 | €21,147 | €30,902 | +€9,755 | +46.1% |
| Total equity and liabilities | 10/49 | €568,344 | €636,326 | +€67,982 | +12.0% |
| Equity | 10/15 | €312,407 | €365,981 | +€53,575 | +17.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €262,407 | €315,981 | +€53,575 | +20.4% |
| Distributable reserves | 133 | €262,407 | €315,981 | +€53,575 | +20.4% |
| Amounts payable | 17/49 | €255,938 | €270,345 | +€14,407 | +5.6% |
| Amounts payable within one year | 42/48 | €255,938 | €269,832 | +€13,895 | +5.4% |
| Current portion of amounts payable after more than one year | 42 | - | €3,425 | +€3,425 | |
| Financial debts | 43 | €2,581 | - | -€2,581 | |
| Credit institutions | 430/8 | €2,581 | - | -€2,581 | |
| Trade debts | 44 | €192,359 | €165,545 | -€26,814 | -13.9% |
| Suppliers | 440/4 | €192,359 | €165,545 | -€26,814 | -13.9% |
| Taxes, remuneration and social security | 45 | €36,094 | €48,910 | +€12,816 | +35.5% |
| Taxes | 450/3 | €11,232 | €23,636 | +€12,404 | +110% |
| Remuneration and social security | 454/9 | €24,862 | €25,274 | +€412 | +1.7% |
| Other amounts payable | 47/48 | €24,904 | €51,953 | +€27,049 | +109% |
| Accrued charges and deferred income | 492/3 | - | €512 | +€512 | |
| Remuneration, social security and pensions | 62 | €377,923 | €490,005 | +€112,082 | +29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,376 | €22,744 | +€1,367 | +6.4% |
| Other operating charges | 640/8 | €3,733 | €49,374 | +€45,642 | +1,223% |
| Gross operating margin | 9900 | €470,796 | €681,919 | +€211,123 | +44.8% |
| Operating profit (loss) | 9901 | €67,764 | €119,796 | +€52,032 | +76.8% |
| Financial income | 75/76B | €4,570 | €6,505 | +€1,934 | +42.3% |
| Recurring financial income | 75 | €4,570 | €6,505 | +€1,934 | +42.3% |
| Financial charges | 65/66B | €7,699 | €5,305 | -€2,394 | -31.1% |
| Recurring financial charges | 65 | €7,699 | €5,305 | -€2,394 | -31.1% |
| Profit (loss) for the period before taxes | 9903 | €64,635 | €120,995 | +€56,360 | +87.2% |
| Income taxes | 67/77 | €19,637 | €37,053 | +€17,416 | +88.7% |
| Profit (loss) for the period | 9904 | €44,998 | €83,942 | +€38,944 | +86.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,998 | €83,942 | +€38,944 | +86.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.