Jake: what changed
Jake
Largest movements
- Cash +€23,674
up €23,674 (+84.1%), from €28,147 to €51,821
mainly Net result for the year (+€43,794) and Depreciation (+€2,554)
- Tangible fixed assets +€6,012
up €6,012 (+37.7%), from €15,963 to €21,974
of which Furniture and vehicles: +€4,351
- Deferred charges and accrued income +€2,156
up €2,156 (+361%), from €597 to €2,753
- Receivables within one year +€1,493
up €1,493 (+7.2%), from €20,627 to €22,120
of which Other amounts receivable: +€5,123
- Reserves +€42,753
up €42,753 (+82.5%), from €51,838 to €94,591
- Trade debts -€8,322
down €8,322 (-99.3%), from €8,381 to €59
- Other debts -€1,553
down €1,553 (-100%), from €1,553 to €0
- Gross operating margin -€16,330
down €16,330 (-12.5%), from €130,742 to €114,412
- Other operating charges -€10,357
down €10,357 (-18.5%), from €55,858 to €45,501
- Financial charges +€3,726
up €3,726 (+104%), from €3,586 to €7,312
- Taxes -€1,521
down €1,521 (-9.0%), from €16,924 to €15,402
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 | €65,333 | €98,669 | +€33,336 | +51.0% |
| Fixed assets | 21/28 | €15,963 | €21,974 | +€6,012 | +37.7% |
| Tangible fixed assets | 22/27 | €15,963 | €21,974 | +€6,012 | +37.7% |
| Plant, machinery and equipment | 23 | - | €3,511 | +€3,511 | |
| Furniture and vehicles | 24 | - | €4,351 | +€4,351 | |
| Other tangible fixed assets | 26 | €15,963 | €14,113 | -€1,850 | -11.6% |
| Current assets | 29/58 | €49,371 | €76,695 | +€27,324 | +55.3% |
| Amounts receivable within one year | 40/41 | €20,627 | €22,120 | +€1,493 | +7.2% |
| Trade receivables | 40 | €7,550 | €3,920 | -€3,630 | -48.1% |
| Other amounts receivable | 41 | €13,076 | €18,200 | +€5,123 | +39.2% |
| Cash at bank and in hand | 54/58 | €28,147 | €51,821 | +€23,674 | +84.1% |
| Deferred charges and accrued income | 490/1 | €597 | €2,753 | +€2,156 | +361% |
| Total equity and liabilities | 10/49 | €65,333 | €98,669 | +€33,336 | +51.0% |
| Equity | 10/15 | €52,838 | €95,591 | +€42,753 | +80.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €51,838 | €94,591 | +€42,753 | +82.5% |
| Distributable reserves | 133 | €51,838 | €94,591 | +€42,753 | +82.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,495 | €3,078 | -€9,417 | -75.4% |
| Amounts payable within one year | 42/48 | €12,495 | €3,078 | -€9,417 | -75.4% |
| Trade debts | 44 | €8,381 | €59 | -€8,322 | -99.3% |
| Suppliers | 440/4 | €8,381 | €59 | -€8,322 | -99.3% |
| Taxes, remuneration and social security | 45 | €2,562 | €3,019 | +€458 | +17.9% |
| Taxes | 450/3 | €2,562 | €3,019 | +€458 | +17.9% |
| Other amounts payable | 47/48 | €1,553 | €0 | -€1,553 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,537 | €2,554 | +€16 | +0.6% |
| Other operating charges | 640/8 | €55,858 | €45,501 | -€10,357 | -18.5% |
| Gross operating margin | 9900 | €130,742 | €114,412 | -€16,330 | -12.5% |
| Operating profit (loss) | 9901 | €72,347 | €66,358 | -€5,990 | -8.3% |
| Financial income | 75/76B | €1 | €151 | +€150 | +15,020% |
| Recurring financial income | 75 | €1 | €151 | +€150 | +15,020% |
| Financial charges | 65/66B | €3,586 | €7,312 | +€3,726 | +104% |
| Recurring financial charges | 65 | €3,586 | €7,312 | +€3,726 | +104% |
| Profit (loss) for the period before taxes | 9903 | €68,762 | €59,197 | -€9,565 | -13.9% |
| Income taxes | 67/77 | €16,924 | €15,402 | -€1,521 | -9.0% |
| Profit (loss) for the period | 9904 | €51,838 | €43,794 | -€8,044 | -15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €51,838 | €43,794 | -€8,044 | -15.5% |
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 2 November 2026 via checked.be.