JAEKEN: what changed
JAEKEN
Largest movements
- Cash -€238,189
down €238,189 (-31.5%), from €756,675 to €518,486
mainly Contributions, distributions and other (-€431,687) and Receivables within one year (-€102,779)
- Receivables within one year +€102,779
up €102,779 (+72.7%), from €141,344 to €244,123
of which Other amounts receivable: +€141,915
- Tangible fixed assets -€89,736
down €89,736 (-26.1%), from €343,212 to €253,476
of which Furniture and vehicles: -€70,051
- Current investments -€50,773
down €50,773 (-13.5%), from €376,500 to €325,727
- Reserves -€162,847
down €162,847 (-12.6%), from €1.3m to €1.1m
of which Distributable reserves: -€162,847
- Trade debts -€87,677
down €87,677 (-27.8%), from €315,458 to €227,780
- Tax, wage and social debts +€35,440
up €35,440 (+35.3%), from €100,319 to €135,759
of which Taxes: +€42,211
- Current portion of long-term debt -€25,691
down €25,691 (-100%), from €25,691 to €0
- Gross operating margin -€160,563
down €160,563 (-13.5%), from €1.2m to €1.0m
- Staff costs -€113,640
down €113,640 (-16.1%), from €707,766 to €594,127
- Financial income -€100,835
down €100,835 (-61.2%), from €164,654 to €63,819
- Taxes -€30,774
down €30,774 (-19.9%), from €155,032 to €124,258
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,779,188 | €1,524,465 | -€254,723 | -14.3% |
| Fixed assets | 21/28 | €343,212 | €253,476 | -€89,736 | -26.1% |
| Tangible fixed assets | 22/27 | €343,212 | €253,476 | -€89,736 | -26.1% |
| Land and buildings | 22 | €9,834 | €9,834 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,436 | €3,446 | -€6,990 | -67.0% |
| Furniture and vehicles | 24 | €282,846 | €212,795 | -€70,051 | -24.8% |
| Other tangible fixed assets | 26 | €40,097 | €27,401 | -€12,696 | -31.7% |
| Current assets | 29/58 | €1,435,975 | €1,270,989 | -€164,986 | -11.5% |
| Stocks and contracts in progress | 3 | €113,538 | €118,080 | +€4,542 | +4.0% |
| Stocks | 30/36 | €113,538 | €118,080 | +€4,542 | +4.0% |
| Amounts receivable within one year | 40/41 | €141,344 | €244,123 | +€102,779 | +72.7% |
| Trade receivables | 40 | €113,322 | €74,186 | -€39,136 | -34.5% |
| Other amounts receivable | 41 | €28,022 | €169,937 | +€141,915 | +506% |
| Current investments | 50/53 | €376,500 | €325,727 | -€50,773 | -13.5% |
| Cash at bank and in hand | 54/58 | €756,675 | €518,486 | -€238,189 | -31.5% |
| Deferred charges and accrued income | 490/1 | €47,918 | €64,573 | +€16,655 | +34.8% |
| Total equity and liabilities | 10/49 | €1,779,188 | €1,524,465 | -€254,723 | -14.3% |
| Equity | 10/15 | €1,308,299 | €1,145,452 | -€162,847 | -12.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,288,299 | €1,125,452 | -€162,847 | -12.6% |
| Non-distributable reserves | 130/1 | €6,572 | €6,572 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,572 | €6,572 | = | 0.0% |
| Distributable reserves | 133 | €1,281,727 | €1,118,880 | -€162,847 | -12.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €470,889 | €379,013 | -€91,876 | -19.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €470,635 | €378,750 | -€91,884 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | €25,691 | €0 | -€25,691 | -100% |
| Financial debts | 43 | €576 | €155 | -€421 | -73.1% |
| Credit institutions | 430/8 | €576 | €155 | -€421 | -73.1% |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €315,458 | €227,780 | -€87,677 | -27.8% |
| Suppliers | 440/4 | €315,458 | €227,780 | -€87,677 | -27.8% |
| Taxes, remuneration and social security | 45 | €100,319 | €135,759 | +€35,440 | +35.3% |
| Taxes | 450/3 | €15,646 | €57,857 | +€42,211 | +270% |
| Remuneration and social security | 454/9 | €84,673 | €77,902 | -€6,771 | -8.0% |
| Other amounts payable | 47/48 | €28,592 | €15,057 | -€13,535 | -47.3% |
| Accrued charges and deferred income | 492/3 | €254 | €263 | +€8 | +3.3% |
| Non-recurring operating income | 76A | - | €1,653 | +€1,653 | |
| Remuneration, social security and pensions | 62 | €707,766 | €594,127 | -€113,640 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,646 | €95,702 | +€6,057 | +6.8% |
| Other operating charges | 640/8 | €6,015 | €5,694 | -€321 | -5.3% |
| Gross operating margin | 9900 | €1,185,922 | €1,025,359 | -€160,563 | -13.5% |
| Operating profit (loss) | 9901 | €382,496 | €329,836 | -€52,660 | -13.8% |
| Financial income | 75/76B | €164,654 | €63,819 | -€100,835 | -61.2% |
| Recurring financial income | 75 | €164,654 | €63,819 | -€100,835 | -61.2% |
| Financial charges | 65/66B | €647 | €557 | -€91 | -14.0% |
| Recurring financial charges | 65 | €647 | €557 | -€91 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €546,502 | €393,098 | -€153,404 | -28.1% |
| Income taxes | 67/77 | €155,032 | €124,258 | -€30,774 | -19.9% |
| Profit (loss) for the period | 9904 | €391,470 | €268,840 | -€122,630 | -31.3% |
| Profit (loss) for the period to be appropriated | 9905 | €391,470 | €268,840 | -€122,630 | -31.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.