Jacqaro: 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.
Jacqaro
Largest movements
- Tangible fixed assets +€231,579
up €231,579 (+32.7%), from €709,111 to €940,689
of which Land and buildings: +€205,080
- Debts after one year +€246,404
up €246,404 (+31.2%), from €790,000 to €1.0m
of which Other amounts payable: +€141,878
- Profit (loss) carried forward -€91,769
down €91,769 (-131.8%), from -€69,624 to -€161,392
- Current portion of long-term debt +€55,836
new in 2025: €55,836
- Tax, wage and social debts +€11,653
up €11,653 (+507.5%), from €2,296 to €13,949
of which Remuneration and social security: +€10,809
- Gross operating margin +€44,855
up €44,855, from -€24,325 to €20,530
- Staff costs +€33,158
up €33,158 (+306.3%), from €10,826 to €43,984
- Depreciation +€27,141
up €27,141 (+244.9%), from €11,083 to €38,225
- Financial charges +€5,046
up €5,046 (+20.4%), from €24,787 to €29,833
- Financial income -€3,725
down €3,725 (-92.9%), from €4,011 to €286
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 | €728,815 | €955,815 | +€227,000 | +31.1% |
| Fixed assets | 21/28 | €709,261 | €940,839 | +€231,579 | +32.7% |
| Tangible fixed assets | 22/27 | €709,111 | €940,689 | +€231,579 | +32.7% |
| Land and buildings | 22 | €704,616 | €909,695 | +€205,080 | +29.1% |
| Plant, machinery and equipment | 23 | €4,144 | €30,719 | +€26,574 | +641.2% |
| Furniture and vehicles | 24 | €351 | €276 | -€75 | -21.4% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €19,555 | €14,976 | -€4,579 | -23.4% |
| Amounts receivable within one year | 40/41 | €13,894 | €10,507 | -€3,388 | -24.4% |
| Trade receivables | 40 | €10,475 | €10,507 | +€32 | +0.3% |
| Other amounts receivable | 41 | €3,419 | - | -€3,419 | |
| Cash at bank and in hand | 54/58 | €5,660 | €4,469 | -€1,191 | -21.0% |
| Total equity and liabilities | 10/49 | €728,815 | €955,815 | +€227,000 | +31.1% |
| Equity | 10/15 | -€64,624 | -€156,392 | -€91,769 | -142.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,624 | -€161,392 | -€91,769 | -131.8% |
| Amounts payable | 17/49 | €793,439 | €1,112,208 | +€318,769 | +40.2% |
| Amounts payable after more than one year | 17 | €790,000 | €1,036,404 | +€246,404 | +31.2% |
| Financial debts | 170/4 | €650,000 | €754,526 | +€104,526 | +16.1% |
| Other amounts payable | 178/9 | €140,000 | €281,878 | +€141,878 | +101.3% |
| Amounts payable within one year | 42/48 | €3,439 | €75,804 | +€72,365 | +2104.2% |
| Current portion of amounts payable after more than one year | 42 | - | €55,836 | +€55,836 | |
| Trade debts | 44 | €1,143 | €6,019 | +€4,876 | +426.6% |
| Suppliers | 440/4 | €1,143 | €6,019 | +€4,876 | +426.6% |
| Taxes, remuneration and social security | 45 | €2,296 | €13,949 | +€11,653 | +507.5% |
| Taxes | 450/3 | €591 | €1,435 | +€844 | +143.0% |
| Remuneration and social security | 454/9 | €1,705 | €12,514 | +€10,809 | +633.8% |
| Remuneration, social security and pensions | 62 | €10,826 | €43,984 | +€33,158 | +306.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,083 | €38,225 | +€27,141 | +244.9% |
| Other operating charges | 640/8 | €2,615 | €544 | -€2,071 | -79.2% |
| Gross operating margin | 9900 | -€24,325 | €20,530 | +€44,855 | |
| Operating profit (loss) | 9901 | -€48,848 | -€62,222 | -€13,374 | -27.4% |
| Financial income | 75/76B | €4,011 | €286 | -€3,725 | -92.9% |
| Recurring financial income | 75 | €4,011 | €286 | -€3,725 | -92.9% |
| Financial charges | 65/66B | €24,787 | €29,833 | +€5,046 | +20.4% |
| Recurring financial charges | 65 | €24,787 | €29,833 | +€5,046 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | -€69,624 | -€91,769 | -€22,145 | -31.8% |
| Profit (loss) for the period | 9904 | -€69,624 | -€91,769 | -€22,145 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€69,624 | -€91,769 | -€22,145 | -31.8% |
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.