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Jacu: 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.

What changed

Jacu

BE 0448.985.482
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€13,666
2024 · €11,882+€1,784
Equity
€88,067
2024 · €74,401+€13,666
Cash
€2,798
2024 · €528+€2,270
Balance sheet total
€220,717
2024 · €203,649+€17,068

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€19,922

    up €19,922 (+10.4%), from €191,287 to €211,209

    of which Land and buildings: +€11,833

  • Receivables within one year -€5,149

    down €5,149 (-45.1%), from €11,411 to €6,263

    of which Other amounts receivable: -€5,149

  • Cash +€2,270

    up €2,270 (+429.6%), from €528 to €2,798

    mainly Other debts (+€16,755) and Net result for the year (+€13,666)

Equity and liabilities
  • Other debts +€16,755

    new in 2025: €16,755

  • Profit (loss) carried forward +€13,666

    up €13,666 (+202.4%), from €6,751 to €20,417

  • Debts after one year -€10,074

    down €10,074 (-9.3%), from €108,845 to €98,771

  • Current portion of long-term debt -€4,674

    down €4,674 (-23.7%), from €19,747 to €15,073

Income statement
  • Gross operating margin +€3,321

    up €3,321 (+11.5%), from €28,923 to €32,244

  • Taxes +€1,851

    new in 2025: €1,851

  • Depreciation +€582

    up €582 (+5.7%), from €10,214 to €10,796

  • Other operating charges -€582

    down €582 (-18.4%), from €3,156 to €2,574

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €11,882
Gross operating margin +€3,321
Depreciation -€582
Other operating charges +€582
Financial income -€2
Financial charges +€317
Taxes -€1,851
Result 2025 €13,666

Cash bridge derived

cash 2024 to 2025

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.

From operations +€48,392
Investment -€30,718
Financing -€15,404
Cash 2024 €528
Net result for the year +€13,666
Depreciation +€10,796
Receivables within one year +€5,149
Deferred charges and accrued income -€25
Trade debts +€1,251
Other debts +€16,755
Accrued charges and deferred income +€800
Investment in fixed assets (net) -€30,718
Debts after one year -€10,074
Current portion of long-term debt -€4,674
Short-term financial debts -€656
Cash 2025 €2,798
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €203,649 €220,717 +€17,068 +8.4%
Fixed assets 21/28 €191,287 €211,209 +€19,922 +10.4%
Tangible fixed assets 22/27 €191,287 €211,209 +€19,922 +10.4%
Land and buildings 22 €190,852 €202,685 +€11,833 +6.2%
Plant, machinery and equipment 23 €435 €8,524 +€8,088 +1858.4%
Current assets 29/58 €12,362 €9,508 -€2,854 -23.1%
Amounts receivable within one year 40/41 €11,411 €6,263 -€5,149 -45.1%
Trade receivables 40 €2,106 €2,106 = 0.0%
Other amounts receivable 41 €9,305 €4,157 -€5,149 -55.3%
Cash at bank and in hand 54/58 €528 €2,798 +€2,270 +429.6%
Deferred charges and accrued income 490/1 €422 €448 +€25 +6.0%
Total equity and liabilities 10/49 €203,649 €220,717 +€17,068 +8.4%
Equity 10/15 €74,401 €88,067 +€13,666 +18.4%
Contributions 10/11 €61,500 €61,500 = 0.0%
Capital 10 €61,500 €61,500 = 0.0%
Issued capital 100 €61,500 €61,500 = 0.0%
Reserves 13 €6,150 €6,150 = 0.0%
Non-distributable reserves 130/1 €6,150 €6,150 = 0.0%
Legal reserve 130 €6,150 €6,150 = 0.0%
Profit (loss) carried forward 14 €6,751 €20,417 +€13,666 +202.4%
Amounts payable 17/49 €129,248 €132,650 +€3,402 +2.6%
Amounts payable after more than one year 17 €108,845 €98,771 -€10,074 -9.3%
Financial debts 170/4 €108,845 €98,771 -€10,074 -9.3%
Amounts payable within one year 42/48 €20,403 €33,079 +€12,676 +62.1%
Current portion of amounts payable after more than one year 42 €19,747 €15,073 -€4,674 -23.7%
Financial debts 43 €656 - -€656
Credit institutions 430/8 €656 - -€656
Trade debts 44 - €1,251 +€1,251
Suppliers 440/4 - €1,251 +€1,251
Other amounts payable 47/48 - €16,755 +€16,755
Accrued charges and deferred income 492/3 - €800 +€800
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €10,214 €10,796 +€582 +5.7%
Other operating charges 640/8 €3,156 €2,574 -€582 -18.4%
Gross operating margin 9900 €28,923 €32,244 +€3,321 +11.5%
Operating profit (loss) 9901 €15,554 €18,874 +€3,321 +21.4%
Financial income 75/76B €18 €16 -€2 -13.5%
Recurring financial income 75 €18 €16 -€2 -13.5%
Financial charges 65/66B €3,690 €3,373 -€317 -8.6%
Recurring financial charges 65 €3,690 €3,373 -€317 -8.6%
Profit (loss) for the period before taxes 9903 €11,882 €15,517 +€3,635 +30.6%
Income taxes 67/77 - €1,851 +€1,851
Profit (loss) for the period 9904 €11,882 €13,666 +€1,784 +15.0%
Profit (loss) for the period to be appropriated 9905 €11,882 €13,666 +€1,784 +15.0%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.