NEW JACK: 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.
NEW JACK
Largest movements
- Receivables within one year +€391,011
up €391,011 (+3768.4%), from €10,376 to €401,388
of which Trade receivables: +€391,703
- Cash -€25,165
down €25,165 (-41.3%), from €60,985 to €35,820
mainly Receivables within one year (-€391,011) and Provisions (-€14,279)
- Debts after one year +€183,462
up €183,462 (+955.5%), from €19,200 to €202,662
- Other debts +€164,462
up €164,462 (+160.3%), from €102,565 to €267,027
- Profit (loss) carried forward +€15,616
up €15,616 (+35.8%), from -€43,573 to -€27,957
- Provisions -€14,279
down €14,279 (-8.3%), from €172,467 to €158,188
- Current portion of long-term debt +€9,696
up €9,696 (+106.3%), from €9,118 to €18,813
- Purchases and services -€70,288
no longer reported in 2025 (was €70,288)
- Gross operating margin +€12,798
up €12,798 (+41.5%), from €30,811 to €43,609
- Depreciation -€5,315
down €5,315 (-30.0%), from €17,708 to €12,393
- Financial charges -€718
down €718 (-19.6%), from €3,669 to €2,951
- Financial income +€550
up €550 (+11.6%), from €4,750 to €5,300
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 | €296,014 | €658,060 | +€362,047 | +122.3% |
| Fixed assets | 21/28 | €224,334 | €219,646 | -€4,688 | -2.1% |
| Tangible fixed assets | 22/27 | €223,834 | €219,146 | -€4,688 | -2.1% |
| Land and buildings | 22 | €194,517 | €185,733 | -€8,784 | -4.5% |
| Plant, machinery and equipment | 23 | €7,335 | €11,473 | +€4,138 | +56.4% |
| Furniture and vehicles | 24 | €21,981 | €21,940 | -€42 | -0.2% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €71,680 | €438,415 | +€366,734 | +511.6% |
| Amounts receivable within one year | 40/41 | €10,376 | €401,388 | +€391,011 | +3768.4% |
| Trade receivables | 40 | €685 | €392,388 | +€391,703 | +57197.1% |
| Other amounts receivable | 41 | €9,691 | €9,000 | -€691 | -7.1% |
| Cash at bank and in hand | 54/58 | €60,985 | €35,820 | -€25,165 | -41.3% |
| Deferred charges and accrued income | 490/1 | €319 | €1,207 | +€888 | +278.2% |
| Total equity and liabilities | 10/49 | €296,014 | €658,060 | +€362,047 | +122.3% |
| Equity | 10/15 | -€15,802 | -€187 | +€15,616 | +98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €25,771 | €25,771 | = | 0.0% |
| Distributable reserves | 133 | €25,771 | €25,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€43,573 | -€27,957 | +€15,616 | +35.8% |
| Provisions and deferred taxes | 16 | €172,467 | €158,188 | -€14,279 | -8.3% |
| Provisions for liabilities and charges | 160/5 | €172,467 | €158,188 | -€14,279 | -8.3% |
| Environmental obligations | 163 | €172,467 | €158,188 | -€14,279 | -8.3% |
| Amounts payable | 17/49 | €139,349 | €500,059 | +€360,710 | +258.9% |
| Amounts payable after more than one year | 17 | €19,200 | €202,662 | +€183,462 | +955.5% |
| Financial debts | 170/4 | €19,200 | €202,662 | +€183,462 | +955.5% |
| Amounts payable within one year | 42/48 | €120,149 | €297,397 | +€177,248 | +147.5% |
| Current portion of amounts payable after more than one year | 42 | €9,118 | €18,813 | +€9,696 | +106.3% |
| Trade debts | 44 | €1,940 | €5,495 | +€3,555 | +183.2% |
| Suppliers | 440/4 | €1,940 | €5,495 | +€3,555 | +183.2% |
| Taxes, remuneration and social security | 45 | €6,526 | €6,061 | -€464 | -7.1% |
| Taxes | 450/3 | €6,526 | €6,061 | -€464 | -7.1% |
| Other amounts payable | 47/48 | €102,565 | €267,027 | +€164,462 | +160.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €70,288 | - | -€70,288 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,708 | €12,393 | -€5,315 | -30.0% |
| Other operating charges | 640/8 | €1,731 | €2,228 | +€497 | +28.7% |
| Non-recurring operating charges | 66A | - | €15,395 | +€15,395 | |
| Gross operating margin | 9900 | €30,811 | €43,609 | +€12,798 | +41.5% |
| Operating profit (loss) | 9901 | €11,371 | €13,593 | +€2,221 | +19.5% |
| Financial income | 75/76B | €4,750 | €5,300 | +€550 | +11.6% |
| Recurring financial income | 75 | €4,750 | €5,300 | +€550 | +11.6% |
| Financial charges | 65/66B | €3,669 | €2,951 | -€718 | -19.6% |
| Recurring financial charges | 65 | €3,669 | €2,951 | -€718 | -19.6% |
| Profit (loss) for the period before taxes | 9903 | €12,452 | €15,942 | +€3,490 | +28.0% |
| Income taxes | 67/77 | €284 | €326 | +€42 | +14.6% |
| Profit (loss) for the period | 9904 | €12,168 | €15,616 | +€3,448 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,168 | €15,616 | +€3,448 | +28.3% |
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 10 October 2026 via checked.be.