JAKOS: what changed
Two fiscal 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.
JAKOS
Largest movements
- Current investments +€200,745
new in 2025: €200,745
- Cash -€197,920
down €197,920 (-82.8%), from €239,104 to €41,184
mainly Current investments (-€200,745) and Contributions, distributions and other (-€28,932)
- Receivables within one year -€48,558
down €48,558 (-100.0%), from €48,558 to €0
- Profit (loss) carried forward -€18,389
down €18,389 (-100.0%), from €18,389 to €0
- Tax, wage and social debts -€18,255
down €18,255 (-93.0%), from €19,626 to €1,371
- Reserves -€6,903
down €6,903 (-3.0%), from €232,194 to €225,290
of which Distributable reserves: -€6,903
- Gross operating margin -€283,811
down €283,811 (-95.1%), from €298,364 to €14,554
- Taxes -€89,697
down €89,697 (-98.5%), from €91,068 to €1,371
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 | €365,913 | €321,142 | -€44,771 | -12.2% |
| Fixed assets | 21/28 | €77,285 | €78,192 | +€907 | +1.2% |
| Tangible fixed assets | 22/27 | €77,211 | €78,118 | +€907 | +1.2% |
| Land and buildings | 22 | €75,023 | €76,179 | +€1,156 | +1.5% |
| Plant, machinery and equipment | 23 | €2,188 | €1,939 | -€249 | -11.4% |
| Financial fixed assets | 28 | €74 | €74 | = | 0.0% |
| Current assets | 29/58 | €288,628 | €242,949 | -€45,678 | -15.8% |
| Amounts receivable within one year | 40/41 | €48,558 | €0 | -€48,558 | -100.0% |
| Other amounts receivable | 41 | €48,558 | €0 | -€48,558 | -100.0% |
| Current investments | 50/53 | - | €200,745 | +€200,745 | |
| Cash at bank and in hand | 54/58 | €239,104 | €41,184 | -€197,920 | -82.8% |
| Deferred charges and accrued income | 490/1 | €966 | €1,020 | +€54 | +5.6% |
| Total equity and liabilities | 10/49 | €365,913 | €321,142 | -€44,771 | -12.2% |
| Equity | 10/15 | €344,583 | €319,290 | -€25,293 | -7.3% |
| Contributions | 10/11 | €94,000 | €94,000 | = | 0.0% |
| Capital | 10 | €94,000 | €94,000 | = | 0.0% |
| Issued capital | 100 | €94,000 | €94,000 | = | 0.0% |
| Reserves | 13 | €232,194 | €225,290 | -€6,903 | -3.0% |
| Non-distributable reserves | 130/1 | €12,500 | €12,500 | = | 0.0% |
| Legal reserve | 130 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €219,694 | €212,790 | -€6,903 | -3.1% |
| Profit (loss) carried forward | 14 | €18,389 | €0 | -€18,389 | -100.0% |
| Amounts payable | 17/49 | €21,330 | €1,851 | -€19,479 | -91.3% |
| Amounts payable within one year | 42/48 | €21,330 | €1,851 | -€19,479 | -91.3% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €19,626 | €1,371 | -€18,255 | -93.0% |
| Taxes | 450/3 | €19,626 | €1,371 | -€18,255 | -93.0% |
| Other amounts payable | 47/48 | €1,704 | €480 | -€1,224 | -71.8% |
| Non-recurring operating income | 76A | €290,264 | €0 | -€290,264 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,137 | €6,998 | -€138 | -1.9% |
| Other operating charges | 640/8 | €3,846 | €3,246 | -€601 | -15.6% |
| Gross operating margin | 9900 | €298,364 | €14,554 | -€283,811 | -95.1% |
| Operating profit (loss) | 9901 | €287,381 | €4,310 | -€283,072 | -98.5% |
| Financial income | 75/76B | €0 | €771 | +€771 | |
| Recurring financial income | 75 | €0 | €771 | +€771 | |
| Financial charges | 65/66B | €53 | €70 | +€17 | +32.1% |
| Recurring financial charges | 65 | €53 | €70 | +€17 | +32.1% |
| Profit (loss) for the period before taxes | 9903 | €287,328 | €5,010 | -€282,318 | -98.3% |
| Income taxes | 67/77 | €91,068 | €1,371 | -€89,697 | -98.5% |
| Profit (loss) for the period | 9904 | €196,260 | €3,639 | -€192,621 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €196,260 | €3,639 | -€192,621 | -98.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.