JACQUES & ASSOCIES: what changed
Two financial 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.
JACQUES & ASSOCIES
Largest movements
- Tangible fixed assets +€278,737
up €278,737 (+442%), from €63,129 to €341,866
of which Other tangible fixed assets: +€251,996
- Receivables within one year +€171,249
up €171,249 (+65.0%), from €263,630 to €434,878
of which Trade receivables: +€160,289
- Cash -€152,749
down €152,749 (-40.8%), from €374,570 to €221,821
mainly Contributions, distributions and other (-€398,710) and Investment in fixed assets (net) (-€321,103)
- Trade debts +€296,080
up €296,080 (+309%), from €95,684 to €391,764
- Debts after one year +€158,739
up €158,739 (+235%), from €67,500 to €226,239
of which Financial debts: +€158,597
- Reserves -€131,992
down €131,992 (-83.0%), from €159,020 to €27,028
- Other debts -€70,956
down €70,956 (-21.1%), from €336,221 to €265,265
- Tax, wage and social debts +€28,006
up €28,006 (+35.7%), from €78,499 to €106,505
of which Taxes: +€16,314
- Staff costs +€55,236
up €55,236 (+13.7%), from €403,518 to €458,754
- Depreciation +€24,979
up €24,979 (+144%), from €17,387 to €42,366
- Gross operating margin +€12,284
up €12,284 (+1.6%), from €776,359 to €788,644
- Taxes -€8,586
down €8,586 (-50.7%), from €16,928 to €8,342
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.
Derived cash bridge
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 | €753,668 | €1,053,786 | +€300,118 | +39.8% |
| Fixed assets | 21/28 | €63,211 | €341,948 | +€278,737 | +441% |
| Tangible fixed assets | 22/27 | €63,129 | €341,866 | +€278,737 | +442% |
| Furniture and vehicles | 24 | €27,028 | €53,769 | +€26,741 | +98.9% |
| Other tangible fixed assets | 26 | €36,101 | €288,097 | +€251,996 | +698% |
| Financial fixed assets | 28 | €82 | €82 | = | 0.0% |
| Current assets | 29/58 | €690,457 | €711,838 | +€21,381 | +3.1% |
| Amounts receivable within one year | 40/41 | €263,630 | €434,878 | +€171,249 | +65.0% |
| Trade receivables | 40 | €262,612 | €422,901 | +€160,289 | +61.0% |
| Other amounts receivable | 41 | €1,018 | €11,977 | +€10,959 | +1,077% |
| Current investments | 50/53 | €32,877 | €32,877 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €374,570 | €221,821 | -€152,749 | -40.8% |
| Deferred charges and accrued income | 490/1 | €19,380 | €22,261 | +€2,881 | +14.9% |
| Total equity and liabilities | 10/49 | €753,668 | €1,053,786 | +€300,118 | +39.8% |
| Equity | 10/15 | €168,264 | €36,272 | -€131,992 | -78.4% |
| Contributions | 10/11 | €9,244 | €9,244 | = | 0.0% |
| Reserves | 13 | €159,020 | €27,028 | -€131,992 | -83.0% |
| Distributable reserves | 133 | €159,020 | €27,028 | -€131,992 | -83.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €585,404 | €1,017,513 | +€432,109 | +73.8% |
| Amounts payable after more than one year | 17 | €67,500 | €226,239 | +€158,739 | +235% |
| Financial debts | 170/4 | €67,500 | €226,097 | +€158,597 | +235% |
| Other amounts payable | 178/9 | - | €142 | +€142 | |
| Amounts payable within one year | 42/48 | €517,904 | €791,274 | +€273,370 | +52.8% |
| Current portion of amounts payable after more than one year | 42 | €7,500 | €27,740 | +€20,240 | +270% |
| Trade debts | 44 | €95,684 | €391,764 | +€296,080 | +309% |
| Suppliers | 440/4 | €95,684 | €391,764 | +€296,080 | +309% |
| Taxes, remuneration and social security | 45 | €78,499 | €106,505 | +€28,006 | +35.7% |
| Taxes | 450/3 | €42,175 | €58,490 | +€16,314 | +38.7% |
| Remuneration and social security | 454/9 | €36,323 | €48,015 | +€11,692 | +32.2% |
| Other amounts payable | 47/48 | €336,221 | €265,265 | -€70,956 | -21.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €403,518 | €458,754 | +€55,236 | +13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,387 | €42,366 | +€24,979 | +144% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,644 | €0 | +€3,644 | |
| Other operating charges | 640/8 | €4,190 | €4,026 | -€163 | -3.9% |
| Non-recurring operating charges | 66A | - | €1,080 | +€1,080 | |
| Gross operating margin | 9900 | €776,359 | €788,644 | +€12,284 | +1.6% |
| Operating profit (loss) | 9901 | €354,908 | €282,418 | -€72,490 | -20.4% |
| Financial income | 75/76B | €435 | €1,463 | +€1,029 | +237% |
| Recurring financial income | 75 | €435 | €1,463 | +€1,029 | +237% |
| Financial charges | 65/66B | €2,140 | €8,821 | +€6,681 | +312% |
| Recurring financial charges | 65 | €2,140 | €8,821 | +€6,681 | +312% |
| Profit (loss) for the period before taxes | 9903 | €353,203 | €275,060 | -€78,143 | -22.1% |
| Income taxes | 67/77 | €16,928 | €8,342 | -€8,586 | -50.7% |
| Profit (loss) for the period | 9904 | €336,275 | €266,718 | -€69,557 | -20.7% |
| Profit (loss) for the period to be appropriated | 9905 | €336,275 | €266,718 | -€69,557 | -20.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.