JAK PRODUCTION: 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.
JAK PRODUCTION
Largest movements
- Cash +€814,433
up €814,433 (+383%), from €212,845 to €1.0m
mainly Contributions, distributions and other (+€959,000) and Advances received (+€75,000)
- Intangible fixed assets +€144,996
up €144,996 (+124%), from €117,376 to €262,372
- Receivables within one year +€39,082
up €39,082 (+89.6%), from €43,632 to €82,714
of which Trade receivables: +€37,500
- Investment grants +€959,000
up €959,000 (+311%), from €308,000 to €1.3m
- Advances received +€75,000
new in 2025: €75,000
- Profit (loss) carried forward -€26,632
down €26,632 (-89.9%), from €29,627 to €2,995
- Gross operating margin -€24,334
down €24,334 (-89.0%), from €27,331 to €2,997
- Depreciation +€23,547
up €23,547 (+2,324%), from €1,013 to €24,560
- Taxes +€3,041
up €3,041 (+130%), from €2,345 to €5,386
- Financial income +€768
new in 2025: €768
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 | €380,617 | €1,379,006 | +€998,389 | +262% |
| Fixed assets | 21/28 | €124,141 | €269,015 | +€144,875 | +117% |
| Intangible fixed assets | 21 | €117,376 | €262,372 | +€144,996 | +124% |
| Tangible fixed assets | 22/27 | €6,765 | €6,644 | -€121 | -1.8% |
| Furniture and vehicles | 24 | €6,765 | €6,644 | -€121 | -1.8% |
| Current assets | 29/58 | €256,477 | €1,109,991 | +€853,515 | +333% |
| Amounts receivable within one year | 40/41 | €43,632 | €82,714 | +€39,082 | +89.6% |
| Trade receivables | 40 | €37,500 | €75,000 | +€37,500 | +100% |
| Other amounts receivable | 41 | €6,132 | €7,714 | +€1,582 | +25.8% |
| Cash at bank and in hand | 54/58 | €212,845 | €1,027,277 | +€814,433 | +383% |
| Total equity and liabilities | 10/49 | €380,617 | €1,379,006 | +€998,389 | +262% |
| Equity | 10/15 | €361,076 | €1,293,444 | +€932,368 | +258% |
| Reserves | 13 | €23,449 | €23,449 | = | 0.0% |
| Distributable reserves | 133 | €23,449 | €23,449 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,627 | €2,995 | -€26,632 | -89.9% |
| Investment grants | 15 | €308,000 | €1,267,000 | +€959,000 | +311% |
| Amounts payable | 17/49 | €19,541 | €85,562 | +€66,021 | +338% |
| Amounts payable within one year | 42/48 | €19,541 | €85,562 | +€66,021 | +338% |
| Trade debts | 44 | €337 | €4,520 | +€4,182 | +1,240% |
| Suppliers | 440/4 | €337 | €4,520 | +€4,182 | +1,240% |
| Advances received on contracts in progress | 46 | - | €75,000 | +€75,000 | |
| Taxes, remuneration and social security | 45 | €4,327 | €394 | -€3,934 | -90.9% |
| Taxes | 450/3 | €4,327 | €394 | -€3,934 | -90.9% |
| Other amounts payable | 47/48 | €14,877 | €5,649 | -€9,228 | -62.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,013 | €24,560 | +€23,547 | +2,324% |
| Gross operating margin | 9900 | €27,331 | €2,997 | -€24,334 | -89.0% |
| Operating profit (loss) | 9901 | €26,318 | -€21,563 | -€47,881 | |
| Financial income | 75/76B | - | €768 | +€768 | |
| Recurring financial income | 75 | - | €768 | +€768 | |
| Financial charges | 65/66B | €524 | €450 | -€74 | -14.1% |
| Recurring financial charges | 65 | €524 | €450 | -€74 | -14.1% |
| Profit (loss) for the period before taxes | 9903 | €25,794 | -€21,246 | -€47,039 | |
| Income taxes | 67/77 | €2,345 | €5,386 | +€3,041 | +130% |
| Profit (loss) for the period | 9904 | €23,449 | -€26,632 | -€50,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,449 | -€26,632 | -€50,081 |
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.