JACOTI: 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.
JACOTI
Largest movements
- Cash -€1.2m
down €1.2m (-72.5%), from €1.7m to €456,526
mainly Net result for the year (-€1.7m) and Tax, wage and social debts (-€72,083)
- Receivables within one year -€29,207
down €29,207 (-11.0%), from €265,019 to €235,812
- Profit (loss) carried forward -€1.7m
down €1.7m (-15.6%), from -€11.0m to -€12.8m
- Accrued charges and deferred income +€580,894
up €580,894 (+13429.9%), from €4,325 to €585,219
- Tax, wage and social debts -€72,083
down €72,083 (-86.9%), from €82,956 to €10,873
of which Taxes: -€72,241
- Gross operating margin +€736,490
up €736,490 (+41.3%), from -€1.8m to -€1.0m
- Financial charges +€97,002
up €97,002 (+20.0%), from €485,878 to €582,880
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 | €1,961,725 | €734,093 | -€1.2m | -62.6% |
| Fixed assets | 21/28 | €19,704 | €16,448 | -€3,256 | -16.5% |
| Tangible fixed assets | 22/27 | €13,910 | €10,654 | -€3,256 | -23.4% |
| Plant, machinery and equipment | 23 | €10,582 | €6,941 | -€3,641 | -34.4% |
| Furniture and vehicles | 24 | €3,327 | €3,713 | +€385 | +11.6% |
| Financial fixed assets | 28 | €5,795 | €5,795 | = | 0.0% |
| Current assets | 29/58 | €1,942,020 | €717,645 | -€1.2m | -63.0% |
| Amounts receivable within one year | 40/41 | €265,019 | €235,812 | -€29,207 | -11.0% |
| Other amounts receivable | 41 | €265,019 | €235,812 | -€29,207 | -11.0% |
| Cash at bank and in hand | 54/58 | €1,661,238 | €456,526 | -€1.2m | -72.5% |
| Deferred charges and accrued income | 490/1 | €15,763 | €25,307 | +€9,544 | +60.5% |
| Total equity and liabilities | 10/49 | €1,961,725 | €734,093 | -€1.2m | -62.6% |
| Equity | 10/15 | -€10,189,341 | -€11,911,442 | -€1.7m | -16.9% |
| Contributions | 10/11 | €820,000 | €820,000 | = | 0.0% |
| Reserves | 13 | €32,553 | €32,553 | = | 0.0% |
| Non-distributable reserves | 130/1 | €260 | €260 | = | 0.0% |
| Reserves not available under the articles | 1311 | €260 | €260 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,293 | €32,293 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,041,895 | -€12,763,995 | -€1.7m | -15.6% |
| Amounts payable | 17/49 | €12,151,066 | €12,645,535 | +€494,469 | +4.1% |
| Amounts payable after more than one year | 17 | €11,800,000 | €11,800,000 | = | 0.0% |
| Financial debts | 170/4 | €10,000,000 | €10,000,000 | = | 0.0% |
| Trade debts | 175 | €1,800,000 | €1,800,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €346,740 | €260,316 | -€86,425 | -24.9% |
| Trade debts | 44 | €263,784 | €247,298 | -€16,487 | -6.3% |
| Suppliers | 440/4 | €263,784 | €247,298 | -€16,487 | -6.3% |
| Taxes, remuneration and social security | 45 | €82,956 | €10,873 | -€72,083 | -86.9% |
| Taxes | 450/3 | €72,241 | - | -€72,241 | |
| Remuneration and social security | 454/9 | €10,715 | €10,873 | +€159 | +1.5% |
| Other amounts payable | 47/48 | - | €2,145 | +€2,145 | |
| Accrued charges and deferred income | 492/3 | €4,325 | €585,219 | +€580,894 | +13429.9% |
| Remuneration, social security and pensions | 62 | €85,963 | €86,391 | +€428 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,427 | €5,221 | -€206 | -3.8% |
| Other operating charges | 640/8 | €1,640 | €4,740 | +€3,100 | +189.1% |
| Gross operating margin | 9900 | -€1,781,795 | -€1,045,306 | +€736,490 | +41.3% |
| Operating profit (loss) | 9901 | -€1,874,825 | -€1,141,657 | +€733,168 | +39.1% |
| Financial income | 75/76B | €2,119 | €2,959 | +€840 | +39.6% |
| Recurring financial income | 75 | €2,119 | €2,959 | +€840 | +39.6% |
| Financial charges | 65/66B | €485,878 | €582,880 | +€97,002 | +20.0% |
| Recurring financial charges | 65 | €485,878 | €582,880 | +€97,002 | +20.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,358,584 | -€1,721,579 | +€637,006 | +27.0% |
| Income taxes | 67/77 | €516 | €522 | +€6 | +1.1% |
| Profit (loss) for the period | 9904 | -€2,359,101 | -€1,722,101 | +€637,000 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,359,101 | -€1,722,101 | +€637,000 | +27.0% |
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 7 October 2026 via checked.be.