JAEKEN: 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.
JAEKEN
Largest movements
- Cash -€60,149
down €60,149 (-96.2%), from €62,512 to €2,363
mainly Contributions, distributions and other (-€37,520) and Debts after one year (-€34,745)
- Tangible fixed assets -€40,524
down €40,524 (-16.7%), from €242,677 to €202,153
of which Leasing and similar rights: -€25,697
- Receivables within one year +€30,878
up €30,878 (+31.7%), from €97,290 to €128,168
of which Trade receivables: +€24,224
- Deferred charges and accrued income -€4,477
down €4,477 (-43.8%), from €10,213 to €5,736
- Short-term financial debts +€41,528
new in 2025: €41,528
- Reserves -€40,522
down €40,522 (-19.2%), from €211,388 to €170,866
of which Distributable reserves: -€40,522
- Debts after one year -€34,745
down €34,745 (-81.6%), from €42,599 to €7,854
- Other debts -€17,791
down €17,791 (-69.5%), from €25,611 to €7,820
- Tax, wage and social debts -€14,424
down €14,424 (-37.9%), from €38,077 to €23,653
of which Remuneration and social security: -€12,262
- Gross operating margin -€116,456
down €116,456 (-24.8%), from €469,705 to €353,249
- Staff costs -€38,419
down €38,419 (-11.6%), from €329,796 to €291,377
- Taxes -€20,973
down €20,973 (-96.6%), from €21,721 to €748
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 | €412,693 | €338,421 | -€74,272 | -18.0% |
| Fixed assets | 21/28 | €242,677 | €202,153 | -€40,524 | -16.7% |
| Tangible fixed assets | 22/27 | €242,677 | €202,153 | -€40,524 | -16.7% |
| Land and buildings | 22 | €118,453 | €118,453 | = | 0.0% |
| Plant, machinery and equipment | 23 | €41,527 | €22,742 | -€18,785 | -45.2% |
| Furniture and vehicles | 24 | €128 | €4,087 | +€3,958 | +3,081% |
| Leasing and similar rights | 25 | €82,568 | €56,871 | -€25,697 | -31.1% |
| Current assets | 29/58 | €170,016 | €136,267 | -€33,748 | -19.9% |
| Amounts receivable within one year | 40/41 | €97,290 | €128,168 | +€30,878 | +31.7% |
| Trade receivables | 40 | €86,858 | €111,082 | +€24,224 | +27.9% |
| Other amounts receivable | 41 | €10,432 | €17,086 | +€6,654 | +63.8% |
| Cash at bank and in hand | 54/58 | €62,512 | €2,363 | -€60,149 | -96.2% |
| Deferred charges and accrued income | 490/1 | €10,213 | €5,736 | -€4,477 | -43.8% |
| Total equity and liabilities | 10/49 | €412,693 | €338,421 | -€74,272 | -18.0% |
| Equity | 10/15 | €229,988 | €187,707 | -€42,281 | -18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €211,388 | €170,866 | -€40,522 | -19.2% |
| Tax-exempt reserves | 132 | €5,569 | €5,569 | = | 0.0% |
| Distributable reserves | 133 | €205,819 | €165,298 | -€40,522 | -19.7% |
| Profit (loss) carried forward | 14 | - | -€1,760 | -€1,760 | |
| Amounts payable | 17/49 | €182,705 | €150,714 | -€31,991 | -17.5% |
| Amounts payable after more than one year | 17 | €42,599 | €7,854 | -€34,745 | -81.6% |
| Financial debts | 170/4 | €42,599 | €7,854 | -€34,745 | -81.6% |
| Amounts payable within one year | 42/48 | €140,106 | €142,860 | +€2,754 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €35,468 | €34,745 | -€723 | -2.0% |
| Financial debts | 43 | - | €41,528 | +€41,528 | |
| Credit institutions | 430/8 | - | €41,528 | +€41,528 | |
| Trade debts | 44 | €40,950 | €34,809 | -€6,141 | -15.0% |
| Suppliers | 440/4 | €40,950 | €34,809 | -€6,141 | -15.0% |
| Advances received on contracts in progress | 46 | - | €305 | +€305 | |
| Taxes, remuneration and social security | 45 | €38,077 | €23,653 | -€14,424 | -37.9% |
| Taxes | 450/3 | €3,508 | €1,346 | -€2,162 | -61.6% |
| Remuneration and social security | 454/9 | €34,569 | €22,308 | -€12,262 | -35.5% |
| Other amounts payable | 47/48 | €25,611 | €7,820 | -€17,791 | -69.5% |
| Non-recurring operating income | 76A | €129,202 | - | -€129,202 | |
| Remuneration, social security and pensions | 62 | €329,796 | €291,377 | -€38,419 | -11.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,449 | €48,302 | +€853 | +1.8% |
| Other operating charges | 640/8 | €7,591 | €5,037 | -€2,554 | -33.6% |
| Non-recurring operating charges | 66A | - | €8,212 | +€8,212 | |
| Gross operating margin | 9900 | €469,705 | €353,249 | -€116,456 | -24.8% |
| Operating profit (loss) | 9901 | €84,869 | €321 | -€84,548 | -99.6% |
| Financial income | 75/76B | €25 | €0 | -€25 | -98.8% |
| Recurring financial income | 75 | €25 | €0 | -€25 | -98.8% |
| Financial charges | 65/66B | €5,983 | €4,335 | -€1,648 | -27.5% |
| Recurring financial charges | 65 | €5,983 | €4,335 | -€1,648 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €78,911 | -€4,014 | -€82,925 | |
| Income taxes | 67/77 | €21,721 | €748 | -€20,973 | -96.6% |
| Profit (loss) for the period | 9904 | €57,190 | -€4,762 | -€61,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €57,190 | -€4,762 | -€61,952 |
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 25 October 2026 via checked.be.