JACORE: 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.
JACORE
Largest movements
- Receivables within one year +€59,772
up €59,772 (+111.6%), from €53,568 to €113,340
of which Trade receivables: +€58,522
- Tangible fixed assets -€19,803
down €19,803 (-59.3%), from €33,374 to €13,571
of which Leasing and similar rights: -€12,093
- Cash -€12,784
down €12,784 (-86.6%), from €14,763 to €1,979
mainly Receivables within one year (-€59,772) and Debts after one year (-€18,246)
- Deferred charges and accrued income -€6,086
no longer reported in 2024 (was €6,086)
- Debts after one year -€18,246
no longer reported in 2024 (was €18,246)
- Tax, wage and social debts +€18,023
up €18,023 (+169.6%), from €10,627 to €28,650
of which Remuneration and social security: +€10,322
- Profit (loss) carried forward +€11,254
no longer reported in 2024 (was -€11,254)
- Other debts +€9,919
up €9,919 (+19.9%), from €49,869 to €59,788
- Trade debts -€7,906
down €7,906 (-41.7%), from €18,963 to €11,057
- Turnover -€338,207
no longer reported in 2024 (was €338,207)
- Purchases and services -€200,150
no longer reported in 2024 (was €200,150)
- Staff costs +€28,395
up €28,395 (+28.3%), from €100,380 to €128,775
- Gross operating margin +€24,942
up €24,942 (+17.0%), from €146,937 to €171,879
- Taxes +€5,699
up €5,699 (+712.3%), from €800 to €6,499
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,791 | €128,890 | +€21,099 | +19.6% |
| Fixed assets | 21/28 | €33,374 | €13,571 | -€19,803 | -59.3% |
| Tangible fixed assets | 22/27 | €33,374 | €13,571 | -€19,803 | -59.3% |
| Plant, machinery and equipment | 23 | €526 | €416 | -€110 | -20.9% |
| Furniture and vehicles | 24 | €12,041 | €4,441 | -€7,600 | -63.1% |
| Leasing and similar rights | 25 | €20,807 | €8,714 | -€12,093 | -58.1% |
| Current assets | 29/58 | €74,417 | €115,319 | +€40,902 | +55.0% |
| Amounts receivable within one year | 40/41 | €53,568 | €113,340 | +€59,772 | +111.6% |
| Trade receivables | 40 | €53,568 | €112,090 | +€58,522 | +109.2% |
| Other amounts receivable | 41 | - | €1,250 | +€1,250 | |
| Cash at bank and in hand | 54/58 | €14,763 | €1,979 | -€12,784 | -86.6% |
| Deferred charges and accrued income | 490/1 | €6,086 | - | -€6,086 | |
| Total equity and liabilities | 10/49 | €107,791 | €128,890 | +€21,099 | +19.6% |
| Equity | 10/15 | €10,086 | €21,819 | +€11,733 | +116.3% |
| Contributions | 10/11 | €19,400 | €19,400 | = | 0.0% |
| Reserves | 13 | €1,940 | €2,419 | +€479 | +24.7% |
| Non-distributable reserves | 130/1 | €1,940 | €1,940 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,940 | €1,940 | = | 0.0% |
| Distributable reserves | 133 | - | €479 | +€479 | |
| Profit (loss) carried forward | 14 | -€11,254 | - | +€11,254 | |
| Amounts payable | 17/49 | €97,705 | €107,072 | +€9,367 | +9.6% |
| Amounts payable after more than one year | 17 | €18,246 | - | -€18,246 | |
| Financial debts | 170/4 | €18,246 | - | -€18,246 | |
| Amounts payable within one year | 42/48 | €79,459 | €107,072 | +€27,613 | +34.8% |
| Current portion of amounts payable after more than one year | 42 | - | €7,576 | +€7,576 | |
| Trade debts | 44 | €18,963 | €11,057 | -€7,906 | -41.7% |
| Suppliers | 440/4 | €18,963 | €11,057 | -€7,906 | -41.7% |
| Taxes, remuneration and social security | 45 | €10,627 | €28,650 | +€18,023 | +169.6% |
| Taxes | 450/3 | €1,087 | €8,788 | +€7,701 | +708.5% |
| Remuneration and social security | 454/9 | €9,540 | €19,862 | +€10,322 | +108.2% |
| Other amounts payable | 47/48 | €49,869 | €59,788 | +€9,919 | +19.9% |
| Turnover | 70 | €338,207 | - | -€338,207 | |
| Non-recurring operating income | 76A | €1,998 | - | -€1,998 | |
| Goods, raw materials, services and sundry goods | 60/61 | €200,150 | - | -€200,150 | |
| Remuneration, social security and pensions | 62 | €100,380 | €128,775 | +€28,395 | +28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,406 | €19,803 | -€1,603 | -7.5% |
| Other operating charges | 640/8 | €5,345 | €4,030 | -€1,315 | -24.6% |
| Gross operating margin | 9900 | €146,937 | €171,879 | +€24,942 | +17.0% |
| Operating profit (loss) | 9901 | €19,806 | €19,272 | -€534 | -2.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,346 | €1,040 | -€3,306 | -76.1% |
| Recurring financial charges | 65 | €4,346 | €1,040 | -€3,306 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €15,460 | €18,231 | +€2,771 | +17.9% |
| Income taxes | 67/77 | €800 | €6,499 | +€5,699 | +712.3% |
| Profit (loss) for the period | 9904 | €14,660 | €11,733 | -€2,927 | -20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €14,660 | €11,733 | -€2,927 | -20.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.