JAKFIL: 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.
JAKFIL
Largest movements
- Receivables within one year +€221,666
up €221,666 (+115%), from €193,185 to €414,851
of which Trade receivables: +€240,937
- Tangible fixed assets +€67,784
up €67,784 (+116%), from €58,600 to €126,384
of which Plant, machinery and equipment: +€73,025
- Cash +€34,496
up €34,496 (+41.8%), from €82,625 to €117,121
mainly Trade debts (+€114,221) and Current portion of long-term debt (+€71,778)
- Trade debts +€114,221
up €114,221 (+158%), from €72,194 to €186,415
- Current portion of long-term debt +€71,778
up €71,778 (+3,588%), from €2,000 to €73,779
- Debts after one year +€59,113
up €59,113 (+636%), from €9,293 to €68,406
- Accrued charges and deferred income +€49,959
up €49,959 (+5,290%), from €944 to €50,904
- Tax, wage and social debts +€30,349
up €30,349 (+59.8%), from €50,717 to €81,066
of which Remuneration and social security: +€21,804
- Staff costs +€98,065
up €98,065 (+28.6%), from €342,564 to €440,629
- Gross operating margin +€91,557
up €91,557 (+23.5%), from €389,176 to €480,733
- Depreciation +€8,430
up €8,430 (+42.1%), from €20,047 to €28,477
- Taxes -€5,553
down €5,553 (-69.3%), from €8,019 to €2,466
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 | €371,127 | €694,061 | +€322,934 | +87.0% |
| Fixed assets | 21/28 | €74,900 | €138,684 | +€63,784 | +85.2% |
| Intangible fixed assets | 21 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Tangible fixed assets | 22/27 | €58,600 | €126,384 | +€67,784 | +116% |
| Plant, machinery and equipment | 23 | €38,840 | €111,865 | +€73,025 | +188% |
| Furniture and vehicles | 24 | €19,761 | €14,520 | -€5,241 | -26.5% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €296,227 | €555,376 | +€259,150 | +87.5% |
| Stocks and contracts in progress | 3 | €14,900 | €15,469 | +€569 | +3.8% |
| Stocks | 30/36 | €14,900 | €15,469 | +€569 | +3.8% |
| Amounts receivable within one year | 40/41 | €193,185 | €414,851 | +€221,666 | +115% |
| Trade receivables | 40 | €154,152 | €395,089 | +€240,937 | +156% |
| Other amounts receivable | 41 | €39,033 | €19,762 | -€19,271 | -49.4% |
| Cash at bank and in hand | 54/58 | €82,625 | €117,121 | +€34,496 | +41.8% |
| Deferred charges and accrued income | 490/1 | €5,517 | €7,936 | +€2,419 | +43.8% |
| Total equity and liabilities | 10/49 | €371,127 | €694,061 | +€322,934 | +87.0% |
| Equity | 10/15 | €127,681 | €131,370 | +€3,689 | +2.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €121,481 | €125,170 | +€3,689 | +3.0% |
| Distributable reserves | 133 | €121,481 | €125,170 | +€3,689 | +3.0% |
| Amounts payable | 17/49 | €243,446 | €562,691 | +€319,245 | +131% |
| Amounts payable after more than one year | 17 | €9,293 | €68,406 | +€59,113 | +636% |
| Financial debts | 170/4 | €9,293 | €68,406 | +€59,113 | +636% |
| Amounts payable within one year | 42/48 | €233,209 | €443,381 | +€210,172 | +90.1% |
| Current portion of amounts payable after more than one year | 42 | €2,000 | €73,779 | +€71,778 | +3,588% |
| Financial debts | 43 | €4,553 | €454 | -€4,100 | -90.0% |
| Credit institutions | 430/8 | €59 | €454 | +€394 | +665% |
| Other loans | 439 | €4,494 | - | -€4,494 | |
| Trade debts | 44 | €72,194 | €186,415 | +€114,221 | +158% |
| Suppliers | 440/4 | €72,194 | €186,415 | +€114,221 | +158% |
| Taxes, remuneration and social security | 45 | €50,717 | €81,066 | +€30,349 | +59.8% |
| Taxes | 450/3 | €29,305 | €37,850 | +€8,545 | +29.2% |
| Remuneration and social security | 454/9 | €21,412 | €43,216 | +€21,804 | +102% |
| Other amounts payable | 47/48 | €103,745 | €101,668 | -€2,077 | -2.0% |
| Accrued charges and deferred income | 492/3 | €944 | €50,904 | +€49,959 | +5,290% |
| Remuneration, social security and pensions | 62 | €342,564 | €440,629 | +€98,065 | +28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,047 | €28,477 | +€8,430 | +42.1% |
| Other operating charges | 640/8 | €1,413 | €1,429 | +€16 | +1.1% |
| Gross operating margin | 9900 | €389,176 | €480,733 | +€91,557 | +23.5% |
| Operating profit (loss) | 9901 | €25,153 | €10,198 | -€14,954 | -59.5% |
| Financial income | 75/76B | €65 | €250 | +€185 | +286% |
| Recurring financial income | 75 | €65 | €250 | +€185 | +286% |
| Financial charges | 65/66B | €4,113 | €4,294 | +€181 | +4.4% |
| Recurring financial charges | 65 | €4,113 | €4,294 | +€181 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | €21,105 | €6,155 | -€14,950 | -70.8% |
| Income taxes | 67/77 | €8,019 | €2,466 | -€5,553 | -69.3% |
| Profit (loss) for the period | 9904 | €13,086 | €3,689 | -€9,397 | -71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €13,086 | €3,689 | -€9,397 | -71.8% |
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 27 October 2026 via checked.be.