MINESTAT JACOB: 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.
MINESTAT JACOB
Largest movements
- Cash +€7,389
up €7,389 (+9.4%), from €78,287 to €85,676
mainly Other debts (+€8,459) and Investment in fixed assets (net) (+€2,459)
- Receivables within one year +€2,811
up €2,811 (+16.4%), from €17,142 to €19,952
of which Trade receivables: +€4,628
- Tangible fixed assets -€2,472
no longer reported in 2025 (was €2,472)
of which Furniture and vehicles: -€2,459
- Other debts +€8,459
up €8,459 (+44.8%), from €18,865 to €27,324
- Trade debts -€3,768
down €3,768 (-97.4%), from €3,867 to €99
- Tax, wage and social debts +€2,293
up €2,293 (+485%), from €473 to €2,766
- Profit (loss) carried forward +€1,386
up €1,386 (+5.5%), from -€25,206 to -€23,820
- Depreciation -€1,663
down €1,663 (-99.2%), from €1,676 to €13
- Financial charges +€1,567
up €1,567 (+1,194%), from €131 to €1,699
of which Non-recurring financial charges: +€1,459
- Staff costs +€1,109
up €1,109 (+130%), from €852 to €1,962
- Gross operating margin +€835
up €835 (+17.4%), from €4,806 to €5,642
- Financial income +€138
new in 2025: €138
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 | €97,950 | €106,321 | +€8,370 | +8.5% |
| Fixed assets | 21/28 | €2,522 | €50 | -€2,472 | -98.0% |
| Tangible fixed assets | 22/27 | €2,472 | - | -€2,472 | |
| Plant, machinery and equipment | 23 | €13 | - | -€13 | |
| Furniture and vehicles | 24 | €2,459 | - | -€2,459 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €95,428 | €106,271 | +€10,842 | +11.4% |
| Amounts receivable within one year | 40/41 | €17,142 | €19,952 | +€2,811 | +16.4% |
| Trade receivables | 40 | €15,280 | €19,908 | +€4,628 | +30.3% |
| Other amounts receivable | 41 | €1,862 | €44 | -€1,818 | -97.6% |
| Current investments | 50/53 | - | €642 | +€642 | |
| Cash at bank and in hand | 54/58 | €78,287 | €85,676 | +€7,389 | +9.4% |
| Total equity and liabilities | 10/49 | €97,950 | €106,321 | +€8,370 | +8.5% |
| Equity | 10/15 | €74,745 | €76,131 | +€1,386 | +1.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €87,551 | €87,551 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €85,691 | €85,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,206 | -€23,820 | +€1,386 | +5.5% |
| Amounts payable | 17/49 | €23,205 | €30,190 | +€6,984 | +30.1% |
| Amounts payable within one year | 42/48 | €23,205 | €30,190 | +€6,984 | +30.1% |
| Trade debts | 44 | €3,867 | €99 | -€3,768 | -97.4% |
| Suppliers | 440/4 | €3,867 | €99 | -€3,768 | -97.4% |
| Taxes, remuneration and social security | 45 | €473 | €2,766 | +€2,293 | +485% |
| Taxes | 450/3 | €473 | €2,766 | +€2,293 | +485% |
| Other amounts payable | 47/48 | €18,865 | €27,324 | +€8,459 | +44.8% |
| Remuneration, social security and pensions | 62 | €852 | €1,962 | +€1,109 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,676 | €13 | -€1,663 | -99.2% |
| Other operating charges | 640/8 | €528 | €544 | +€16 | +3.0% |
| Gross operating margin | 9900 | €4,806 | €5,642 | +€835 | +17.4% |
| Operating profit (loss) | 9901 | €1,750 | €3,123 | +€1,373 | +78.4% |
| Financial income | 75/76B | - | €138 | +€138 | |
| Recurring financial income | 75 | - | €138 | +€138 | |
| Financial charges | 65/66B | €131 | €1,699 | +€1,567 | +1,194% |
| Recurring financial charges | 65 | €131 | €240 | +€109 | +82.8% |
| Non-recurring financial charges | 66B | - | €1,459 | +€1,459 | |
| Profit (loss) for the period before taxes | 9903 | €1,619 | €1,562 | -€56 | -3.5% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | €1,444 | €1,386 | -€58 | -4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,444 | €1,386 | -€58 | -4.0% |
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 25 October 2026 via checked.be.