OYEN-JACOBS: 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.
OYEN-JACOBS
Largest movements
- Current investments +€805,925
up €805,925, from €0 to €805,925
- Cash -€666,616
down €666,616 (-41.4%), from €1.6m to €942,564
mainly Current investments (-€805,925) and Contributions, distributions and other (-€275,104)
- Tangible fixed assets -€36,951
down €36,951 (-4.2%), from €881,828 to €844,877
of which Furniture and vehicles: -€73,592
- Reserves +€83,085
up €83,085 (+3.4%), from €2.4m to €2.5m
of which Distributable reserves: +€83,085
- Gross operating margin -€59,033
down €59,033 (-6.8%), from €869,470 to €810,437
- Staff costs +€31,594
up €31,594 (+21.4%), from €147,443 to €179,037
- Depreciation -€30,109
down €30,109 (-21.1%), from €142,526 to €112,416
- Taxes -€23,935
down €23,935 (-13.1%), from €182,193 to €158,258
- Financial income -€14,629
down €14,629 (-58.4%), from €25,063 to €10,434
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 | €2,610,450 | €2,702,149 | +€91,699 | +3.5% |
| Fixed assets | 21/28 | €882,449 | €850,688 | -€31,761 | -3.6% |
| Intangible fixed assets | 21 | €326 | €5,516 | +€5,190 | +1,592% |
| Tangible fixed assets | 22/27 | €881,828 | €844,877 | -€36,951 | -4.2% |
| Land and buildings | 22 | €559,973 | €587,952 | +€27,979 | +5.0% |
| Plant, machinery and equipment | 23 | €10,563 | €19,224 | +€8,662 | +82.0% |
| Furniture and vehicles | 24 | €311,292 | €237,700 | -€73,592 | -23.6% |
| Financial fixed assets | 28 | €295 | €295 | = | 0.0% |
| Current assets | 29/58 | €1,728,001 | €1,851,461 | +€123,460 | +7.1% |
| Stocks and contracts in progress | 3 | €65,167 | €56,924 | -€8,243 | -12.6% |
| Stocks | 30/36 | €65,167 | €56,924 | -€8,243 | -12.6% |
| Amounts receivable within one year | 40/41 | €45,524 | €39,446 | -€6,078 | -13.4% |
| Trade receivables | 40 | €19,107 | €15,321 | -€3,786 | -19.8% |
| Other amounts receivable | 41 | €26,417 | €24,126 | -€2,292 | -8.7% |
| Current investments | 50/53 | €0 | €805,925 | +€805,925 | |
| Cash at bank and in hand | 54/58 | €1,609,179 | €942,564 | -€666,616 | -41.4% |
| Deferred charges and accrued income | 490/1 | €8,130 | €6,602 | -€1,528 | -18.8% |
| Total equity and liabilities | 10/49 | €2,610,450 | €2,702,149 | +€91,699 | +3.5% |
| Equity | 10/15 | €2,447,764 | €2,530,849 | +€83,085 | +3.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,429,164 | €2,512,249 | +€83,085 | +3.4% |
| Tax-exempt reserves | 132 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €2,404,164 | €2,487,249 | +€83,085 | +3.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €162,686 | €171,300 | +€8,614 | +5.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €162,223 | €170,900 | +€8,678 | +5.3% |
| Current portion of amounts payable after more than one year | 42 | €5,736 | €0 | -€5,736 | -100% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €8,586 | €13,125 | +€4,539 | +52.9% |
| Suppliers | 440/4 | €8,586 | €13,125 | +€4,539 | +52.9% |
| Taxes, remuneration and social security | 45 | €146,651 | €153,422 | +€6,771 | +4.6% |
| Taxes | 450/3 | €112,501 | €110,221 | -€2,280 | -2.0% |
| Remuneration and social security | 454/9 | €34,150 | €43,202 | +€9,052 | +26.5% |
| Other amounts payable | 47/48 | €1,250 | €4,352 | +€3,102 | +248% |
| Accrued charges and deferred income | 492/3 | €464 | €400 | -€63 | -13.7% |
| Non-recurring operating income | 76A | €8,000 | €0 | -€8,000 | -100% |
| Remuneration, social security and pensions | 62 | €147,443 | €179,037 | +€31,594 | +21.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €142,526 | €112,416 | -€30,109 | -21.1% |
| Other operating charges | 640/8 | €11,172 | €10,580 | -€591 | -5.3% |
| Gross operating margin | 9900 | €869,470 | €810,437 | -€59,033 | -6.8% |
| Operating profit (loss) | 9901 | €568,329 | €508,404 | -€59,926 | -10.5% |
| Financial income | 75/76B | €25,063 | €10,434 | -€14,629 | -58.4% |
| Recurring financial income | 75 | €25,063 | €10,434 | -€14,629 | -58.4% |
| Financial charges | 65/66B | €5,303 | €2,392 | -€2,911 | -54.9% |
| Recurring financial charges | 65 | €5,303 | €2,392 | -€2,911 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €588,089 | €516,446 | -€71,643 | -12.2% |
| Income taxes | 67/77 | €182,193 | €158,258 | -€23,935 | -13.1% |
| Profit (loss) for the period | 9904 | €405,897 | €358,188 | -€47,708 | -11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €405,897 | €358,188 | -€47,708 | -11.8% |
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 27 October 2026 via checked.be.