JAECQUES: 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.
JAECQUES
Largest movements
- Tangible fixed assets +€59,026
up €59,026 (+801.5%), from €7,365 to €66,390
of which Furniture and vehicles: +€61,286
- Cash -€28,371
down €28,371 (-29.3%), from €96,917 to €68,545
mainly Investment in fixed assets (net) (-€66,592) and Receivables within one year (-€13,957)
- Receivables within one year +€13,957
up €13,957 (+164.5%), from €8,484 to €22,441
of which Other amounts receivable: +€15,923
- Receivables after one year -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Reserves +€38,343
up €38,343 (+24.6%), from €155,624 to €193,966
of which Distributable reserves: +€30,160
- Other debts -€5,956
down €5,956 (-100.0%), from €5,956 to €0
- Trade debts -€2,823
down €2,823 (-12.8%), from €21,981 to €19,159
- Depreciation +€5,051
up €5,051 (+198.1%), from €2,550 to €7,601
- Taxes -€3,304
down €3,304 (-20.0%), from €16,546 to €13,242
- Gross operating margin -€1,702
down €1,702 (-2.7%), from €61,883 to €60,181
- Financial income +€1,667
up €1,667 (+127.2%), from €1,311 to €2,978
- Other operating charges +€630
up €630 (+90.6%), from €696 to €1,326
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 | €189,287 | €219,952 | +€30,665 | +16.2% |
| Fixed assets | 21/28 | €7,399 | €66,390 | +€58,991 | +797.2% |
| Tangible fixed assets | 22/27 | €7,365 | €66,390 | +€59,026 | +801.5% |
| Plant, machinery and equipment | 23 | €7,365 | €5,104 | -€2,261 | -30.7% |
| Furniture and vehicles | 24 | - | €61,286 | +€61,286 | |
| Financial fixed assets | 28 | €35 | €0 | -€35 | -100.0% |
| Current assets | 29/58 | €181,887 | €153,562 | -€28,326 | -15.6% |
| Amounts receivable after more than one year | 29 | €12,500 | €0 | -€12,500 | -100.0% |
| Other amounts receivable | 291 | €12,500 | €0 | -€12,500 | -100.0% |
| Stocks and contracts in progress | 3 | €4,443 | €4,711 | +€268 | +6.0% |
| Stocks | 30/36 | €4,443 | €4,711 | +€268 | +6.0% |
| Amounts receivable within one year | 40/41 | €8,484 | €22,441 | +€13,957 | +164.5% |
| Trade receivables | 40 | €2,276 | €310 | -€1,966 | -86.4% |
| Other amounts receivable | 41 | €6,208 | €22,131 | +€15,923 | +256.5% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €96,917 | €68,545 | -€28,371 | -29.3% |
| Deferred charges and accrued income | 490/1 | €9,544 | €7,864 | -€1,680 | -17.6% |
| Total equity and liabilities | 10/49 | €189,287 | €219,952 | +€30,665 | +16.2% |
| Equity | 10/15 | €155,724 | €194,066 | +€38,343 | +24.6% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €155,624 | €193,966 | +€38,343 | +24.6% |
| Tax-exempt reserves | 132 | €5,225 | €13,408 | +€8,183 | +156.6% |
| Distributable reserves | 133 | €150,399 | €180,559 | +€30,160 | +20.1% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €2,046 | +€2,046 | |
| Deferred taxes | 168 | - | €2,046 | +€2,046 | |
| Amounts payable | 17/49 | €33,563 | €23,840 | -€9,723 | -29.0% |
| Amounts payable within one year | 42/48 | €33,563 | €23,840 | -€9,723 | -29.0% |
| Trade debts | 44 | €21,981 | €19,159 | -€2,823 | -12.8% |
| Suppliers | 440/4 | €21,981 | €19,159 | -€2,823 | -12.8% |
| Taxes, remuneration and social security | 45 | €5,626 | €4,682 | -€944 | -16.8% |
| Taxes | 450/3 | €5,626 | €4,682 | -€944 | -16.8% |
| Other amounts payable | 47/48 | €5,956 | €0 | -€5,956 | -100.0% |
| Non-recurring operating income | 76A | - | €11,000 | +€11,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,550 | €7,601 | +€5,051 | +198.1% |
| Other operating charges | 640/8 | €696 | €1,326 | +€630 | +90.6% |
| Gross operating margin | 9900 | €61,883 | €60,181 | -€1,702 | -2.7% |
| Operating profit (loss) | 9901 | €58,637 | €51,255 | -€7,383 | -12.6% |
| Financial income | 75/76B | €1,311 | €2,978 | +€1,667 | +127.2% |
| Recurring financial income | 75 | €1,311 | €2,978 | +€1,667 | +127.2% |
| Financial charges | 65/66B | €556 | €602 | +€46 | +8.2% |
| Recurring financial charges | 65 | €556 | €602 | +€46 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €59,392 | €53,630 | -€5,761 | -9.7% |
| Transfer from deferred taxes | 780 | - | €154 | +€154 | |
| Transfer to deferred taxes | 680 | - | €2,200 | +€2,200 | |
| Income taxes | 67/77 | €16,546 | €13,242 | -€3,304 | -20.0% |
| Profit (loss) for the period | 9904 | €42,846 | €38,343 | -€4,503 | -10.5% |
| Transfer from tax-exempt reserves | 789 | - | €617 | +€617 | |
| Transfer to tax-exempt reserves | 689 | - | €8,800 | +€8,800 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,846 | €30,160 | -€12,686 | -29.6% |
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 7 October 2026 via checked.be.