JAKOPEL: 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.
JAKOPEL
Largest movements
- Tangible fixed assets -€43,779
down €43,779 (-6.0%), from €726,415 to €682,636
of which Land and buildings: -€39,472
- Cash +€12,536
up €12,536 (+77.4%), from €16,190 to €28,726
mainly Depreciation (+€43,779) and Other debts (+€3,216)
- Profit (loss) carried forward -€40,937
down €40,937 (-8.0%), from -€512,478 to -€553,415
- Purchases and services +€30,507
up €30,507 (+97.2%), from €31,398 to €61,905
- Gross operating margin -€23,779
down €23,779 (-69.7%), from €34,137 to €10,358
- Turnover +€6,728
up €6,728 (+10.3%), from €65,535 to €72,263
- Depreciation -€3,858
down €3,858 (-8.1%), from €47,637 to €43,779
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 | €747,128 | €715,101 | -€32,027 | -4.3% |
| Fixed assets | 21/28 | €727,902 | €684,123 | -€43,779 | -6.0% |
| Tangible fixed assets | 22/27 | €726,415 | €682,636 | -€43,779 | -6.0% |
| Land and buildings | 22 | €692,404 | €652,932 | -€39,472 | -5.7% |
| Furniture and vehicles | 24 | €34,011 | €29,704 | -€4,307 | -12.7% |
| Financial fixed assets | 28 | €1,487 | €1,487 | = | 0.0% |
| Current assets | 29/58 | €19,226 | €30,978 | +€11,752 | +61.1% |
| Amounts receivable within one year | 40/41 | €1,201 | €81 | -€1,120 | -93.3% |
| Trade receivables | 40 | €1,178 | - | -€1,178 | |
| Other amounts receivable | 41 | €23 | €81 | +€58 | +252% |
| Cash at bank and in hand | 54/58 | €16,190 | €28,726 | +€12,536 | +77.4% |
| Deferred charges and accrued income | 490/1 | €1,835 | €2,171 | +€336 | +18.3% |
| Total equity and liabilities | 10/49 | €747,128 | €715,101 | -€32,027 | -4.3% |
| Equity | 10/15 | €726,336 | €685,399 | -€40,937 | -5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,176,814 | €1,176,814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,790 | €24,790 | = | 0.0% |
| Legal reserve | 130 | €24,790 | €24,790 | = | 0.0% |
| Distributable reserves | 133 | €1,152,024 | €1,152,024 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€512,478 | -€553,415 | -€40,937 | -8.0% |
| Amounts payable | 17/49 | €20,792 | €29,702 | +€8,910 | +42.9% |
| Amounts payable within one year | 42/48 | €20,778 | €26,572 | +€5,794 | +27.9% |
| Trade debts | 44 | €5,617 | €8,195 | +€2,578 | +45.9% |
| Suppliers | 440/4 | €5,617 | €8,195 | +€2,578 | +45.9% |
| Other amounts payable | 47/48 | €15,161 | €18,377 | +€3,216 | +21.2% |
| Accrued charges and deferred income | 492/3 | €14 | €3,130 | +€3,116 | +22,257% |
| Turnover | 70 | €65,535 | €72,263 | +€6,728 | +10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,398 | €61,905 | +€30,507 | +97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,637 | €43,779 | -€3,858 | -8.1% |
| Other operating charges | 640/8 | €7,566 | €7,791 | +€225 | +3.0% |
| Gross operating margin | 9900 | €34,137 | €10,358 | -€23,779 | -69.7% |
| Operating profit (loss) | 9901 | -€21,066 | -€41,212 | -€20,146 | -95.6% |
| Financial income | 75/76B | €77 | €390 | +€313 | +406% |
| Recurring financial income | 75 | €77 | €390 | +€313 | +406% |
| Financial charges | 65/66B | €115 | €115 | = | 0.0% |
| Recurring financial charges | 65 | €115 | €115 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,104 | -€40,937 | -€19,833 | -94.0% |
| Profit (loss) for the period | 9904 | -€21,104 | -€40,937 | -€19,833 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,104 | -€40,937 | -€19,833 | -94.0% |
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 17 October 2026 via checked.be.