JAKARI: 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.
JAKARI
Largest movements
- Current investments +€500,000
new in 2025: €500,000
- Tangible fixed assets -€337,396
down €337,396 (-5.3%), from €6.3m to €6.0m
of which Land and buildings: -€363,833
- Reserves +€644,224
up €644,224 (+50.4%), from €1.3m to €1.9m
of which Distributable reserves: +€900,000
- Debts after one year -€397,373
down €397,373 (-37.9%), from €1.0m to €650,472
- Profit (loss) carried forward +€292,618
up €292,618 (+80.0%), from -€365,884 to -€73,266
- Other debts -€206,662
down €206,662 (-21.0%), from €981,915 to €775,253
- Provisions -€85,878
down €85,878 (-20.2%), from €425,727 to €339,849
- Gross operating margin -€77,897
down €77,897 (-41.4%), from €188,139 to €110,242
- Financial charges -€30,073
down €30,073 (-47.9%), from €62,783 to €32,710
- Financial income +€26,926
up €26,926 (+281069.1%), from €10 to €26,936
of which Non-recurring financial income: +€22,777
- Other operating charges -€8,287
down €8,287 (-42.0%), from €19,747 to €11,460
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 | €6,346,351 | €6,524,874 | +€178,523 | +2.8% |
| Fixed assets | 21/28 | €6,329,103 | €5,991,747 | -€337,356 | -5.3% |
| Tangible fixed assets | 22/27 | €6,329,103 | €5,991,707 | -€337,396 | -5.3% |
| Land and buildings | 22 | €6,236,479 | €5,872,646 | -€363,833 | -5.8% |
| Plant, machinery and equipment | 23 | - | €2,943 | +€2,943 | |
| Furniture and vehicles | 24 | - | €22,723 | +€22,723 | |
| Other tangible fixed assets | 26 | €92,625 | €93,395 | +€771 | +0.8% |
| Financial fixed assets | 28 | - | €40 | +€40 | |
| Current assets | 29/58 | €17,248 | €533,127 | +€515,879 | +2990.9% |
| Amounts receivable within one year | 40/41 | €839 | €15,053 | +€14,214 | +1694.4% |
| Trade receivables | 40 | €587 | €12,045 | +€11,458 | +1950.8% |
| Other amounts receivable | 41 | €252 | €3,008 | +€2,756 | +1095.6% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €14,323 | €16,230 | +€1,907 | +13.3% |
| Deferred charges and accrued income | 490/1 | €2,086 | €1,844 | -€242 | -11.6% |
| Total equity and liabilities | 10/49 | €6,346,351 | €6,524,874 | +€178,523 | +2.8% |
| Equity | 10/15 | €3,796,033 | €4,720,193 | +€924,160 | +24.3% |
| Contributions | 10/11 | €1,915,000 | €1,933,600 | +€18,600 | +1.0% |
| Revaluation surpluses | 12 | €969,735 | €938,453 | -€31,282 | -3.2% |
| Reserves | 13 | €1,277,182 | €1,921,406 | +€644,224 | +50.4% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Tax-exempt reserves | 132 | €1,277,182 | €1,019,546 | -€257,636 | -20.2% |
| Distributable reserves | 133 | - | €900,000 | +€900,000 | |
| Profit (loss) carried forward | 14 | -€365,884 | -€73,266 | +€292,618 | +80.0% |
| Provisions and deferred taxes | 16 | €425,727 | €339,849 | -€85,878 | -20.2% |
| Deferred taxes | 168 | €425,727 | €339,849 | -€85,878 | -20.2% |
| Amounts payable | 17/49 | €2,124,591 | €1,464,832 | -€659,759 | -31.1% |
| Amounts payable after more than one year | 17 | €1,047,845 | €650,472 | -€397,373 | -37.9% |
| Financial debts | 170/4 | €1,047,845 | €650,472 | -€397,373 | -37.9% |
| Amounts payable within one year | 42/48 | €1,065,939 | €803,250 | -€262,689 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €76,164 | €27,997 | -€48,167 | -63.2% |
| Trade debts | 44 | €7,860 | - | -€7,860 | |
| Suppliers | 440/4 | €7,860 | - | -€7,860 | |
| Other amounts payable | 47/48 | €981,915 | €775,253 | -€206,662 | -21.0% |
| Accrued charges and deferred income | 492/3 | €10,808 | €11,110 | +€302 | +2.8% |
| Non-recurring operating income | 76A | - | €28,756 | +€28,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,389 | €160,718 | -€1,671 | -1.0% |
| Other operating charges | 640/8 | €19,747 | €11,460 | -€8,287 | -42.0% |
| Gross operating margin | 9900 | €188,139 | €110,242 | -€77,897 | -41.4% |
| Operating profit (loss) | 9901 | €6,003 | -€61,936 | -€67,939 | |
| Financial income | 75/76B | €10 | €26,936 | +€26,926 | +281069.1% |
| Recurring financial income | 75 | €10 | €4,159 | +€4,149 | +43313.4% |
| Non-recurring financial income | 76B | - | €22,777 | +€22,777 | |
| Financial charges | 65/66B | €62,783 | €32,710 | -€30,073 | -47.9% |
| Recurring financial charges | 65 | €62,783 | €32,710 | -€30,073 | -47.9% |
| Profit (loss) for the period before taxes | 9903 | -€56,770 | -€67,710 | -€10,940 | -19.3% |
| Transfer from deferred taxes | 780 | €13,982 | €85,879 | +€71,897 | +514.2% |
| Income taxes | 67/77 | - | -€112 | -€112 | |
| Profit (loss) for the period | 9904 | -€42,788 | €18,281 | +€61,069 | |
| Transfer from tax-exempt reserves | 789 | €41,945 | €257,636 | +€215,691 | +514.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€843 | €275,917 | +€276,760 |
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 10 October 2026 via checked.be.