JAKS: 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.
JAKS
Largest movements
- Stocks and contracts +€78,612
up €78,612 (+54.3%), from €144,724 to €223,336
- Receivables within one year -€31,122
down €31,122 (-59.7%), from €52,143 to €21,021
of which Trade receivables: -€20,563
- Cash +€10,260
up €10,260 (+17.4%), from €58,821 to €69,080
mainly Debts after one year (+€48,385) and Receivables within one year (+€31,122)
- Tangible fixed assets -€7,642
down €7,642 (-49.4%), from €15,478 to €7,836
of which Furniture and vehicles: -€7,172
- Intangible fixed assets -€6,000
down €6,000 (-50.0%), from €12,000 to €6,000
- Debts after one year +€48,385
up €48,385 (+214.4%), from €22,564 to €70,948
- Trade debts -€20,693
down €20,693 (-43.9%), from €47,101 to €26,408
- Tax, wage and social debts +€11,628
up €11,628 (+22.9%), from €50,698 to €62,326
of which Taxes: +€9,518
- Profit (loss) carried forward +€11,399
up €11,399 (+12.8%), from €88,902 to €100,301
- Other debts -€10,434
down €10,434 (-59.8%), from €17,440 to €7,006
- Staff costs +€22,749
up €22,749 (+68.9%), from €33,025 to €55,774
- Gross operating margin -€13,968
down €13,968 (-12.7%), from €109,791 to €95,823
- Taxes -€10,792
down €10,792 (-65.7%), from €16,430 to €5,639
- Financial charges +€4,116
up €4,116, from -€3,645 to €471
- Depreciation +€1,194
up €1,194 (+9.6%), from €12,448 to €13,642
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €283,166 | €330,874 | +€47,708 | +16.8% |
| Fixed assets | 21/28 | €27,478 | €17,436 | -€10,042 | -36.5% |
| Intangible fixed assets | 21 | €12,000 | €6,000 | -€6,000 | -50.0% |
| Tangible fixed assets | 22/27 | €15,478 | €7,836 | -€7,642 | -49.4% |
| Plant, machinery and equipment | 23 | €980 | €509 | -€470 | -48.0% |
| Furniture and vehicles | 24 | €14,499 | €7,327 | -€7,172 | -49.5% |
| Financial fixed assets | 28 | - | €3,600 | +€3,600 | |
| Current assets | 29/58 | €255,688 | €313,437 | +€57,750 | +22.6% |
| Stocks and contracts in progress | 3 | €144,724 | €223,336 | +€78,612 | +54.3% |
| Stocks | 30/36 | €144,724 | €223,336 | +€78,612 | +54.3% |
| Amounts receivable within one year | 40/41 | €52,143 | €21,021 | -€31,122 | -59.7% |
| Trade receivables | 40 | €41,584 | €21,021 | -€20,563 | -49.4% |
| Other amounts receivable | 41 | €10,559 | - | -€10,559 | |
| Cash at bank and in hand | 54/58 | €58,821 | €69,080 | +€10,260 | +17.4% |
| Total equity and liabilities | 10/49 | €283,166 | €330,874 | +€47,708 | +16.8% |
| Equity | 10/15 | €118,902 | €130,301 | +€11,399 | +9.6% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,902 | €100,301 | +€11,399 | +12.8% |
| Amounts payable | 17/49 | €164,264 | €200,573 | +€36,308 | +22.1% |
| Amounts payable after more than one year | 17 | €22,564 | €70,948 | +€48,385 | +214.4% |
| Financial debts | 170/4 | €22,564 | €70,948 | +€48,385 | +214.4% |
| Amounts payable within one year | 42/48 | €141,701 | €129,624 | -€12,077 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €26,462 | €33,884 | +€7,422 | +28.0% |
| Trade debts | 44 | €47,101 | €26,408 | -€20,693 | -43.9% |
| Suppliers | 440/4 | €47,101 | €26,408 | -€20,693 | -43.9% |
| Taxes, remuneration and social security | 45 | €50,698 | €62,326 | +€11,628 | +22.9% |
| Taxes | 450/3 | €28,460 | €37,978 | +€9,518 | +33.4% |
| Remuneration and social security | 454/9 | €22,238 | €24,349 | +€2,111 | +9.5% |
| Other amounts payable | 47/48 | €17,440 | €7,006 | -€10,434 | -59.8% |
| Remuneration, social security and pensions | 62 | €33,025 | €55,774 | +€22,749 | +68.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,448 | €13,642 | +€1,194 | +9.6% |
| Other operating charges | 640/8 | €8,336 | €8,899 | +€563 | +6.7% |
| Gross operating margin | 9900 | €109,791 | €95,823 | -€13,968 | -12.7% |
| Operating profit (loss) | 9901 | €55,982 | €17,508 | -€38,474 | -68.7% |
| Financial income | 75/76B | €51 | €1 | -€51 | -99.0% |
| Recurring financial income | 75 | €51 | €1 | -€51 | -99.0% |
| Financial charges | 65/66B | -€3,645 | €471 | +€4,116 | |
| Recurring financial charges | 65 | -€3,645 | €471 | +€4,116 | |
| Profit (loss) for the period before taxes | 9903 | €59,679 | €17,038 | -€42,641 | -71.5% |
| Income taxes | 67/77 | €16,430 | €5,639 | -€10,792 | -65.7% |
| Profit (loss) for the period | 9904 | €43,249 | €11,399 | -€31,849 | -73.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,249 | €11,399 | -€31,849 | -73.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.