'T JAKENSHOF: 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.
'T JAKENSHOF
Largest movements
- Cash -€121,446
down €121,446 (-76.1%), from €159,533 to €38,087
mainly Debts after one year (-€166,666) and Receivables within one year (-€69,186)
- Tangible fixed assets -€88,709
down €88,709 (-100%), from €88,709 to €0
of which Furniture and vehicles: -€88,709
- Receivables within one year +€69,186
up €69,186 (+30.4%), from €227,798 to €296,984
of which Trade receivables: +€63,082
- Debts after one year -€166,666
down €166,666 (-100%), from €166,666 to €0
- Reserves +€111,499
up €111,499 (+12.9%), from €866,816 to €978,315
of which Distributable reserves: +€111,499
- Current portion of long-term debt -€33,334
down €33,334 (-16.7%), from €200,000 to €166,666
- Other debts -€33,136
down €33,136 (-6.0%), from €554,731 to €521,595
- Depreciation -€49,955
down €49,955 (-88.1%), from €56,732 to €6,777
- Other operating charges +€31,377
up €31,377 (+414%), from €7,578 to €38,955
- Financial charges +€15,417
up €15,417 (+354%), from €4,361 to €19,778
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 | €1,930,707 | €1,789,776 | -€140,932 | -7.3% |
| Fixed assets | 21/28 | €1,488,709 | €1,400,000 | -€88,709 | -6.0% |
| Tangible fixed assets | 22/27 | €88,709 | €0 | -€88,709 | -100% |
| Furniture and vehicles | 24 | €88,709 | €0 | -€88,709 | -100% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Financial fixed assets | 28 | €1,400,000 | €1,400,000 | = | 0.0% |
| Current assets | 29/58 | €441,998 | €389,776 | -€52,222 | -11.8% |
| Amounts receivable after more than one year | 29 | €50,000 | €50,000 | = | 0.0% |
| Other amounts receivable | 291 | €50,000 | €50,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €227,798 | €296,984 | +€69,186 | +30.4% |
| Trade receivables | 40 | €27,668 | €90,750 | +€63,082 | +228% |
| Other amounts receivable | 41 | €200,130 | €206,234 | +€6,104 | +3.1% |
| Cash at bank and in hand | 54/58 | €159,533 | €38,087 | -€121,446 | -76.1% |
| Deferred charges and accrued income | 490/1 | €4,667 | €4,705 | +€38 | +0.8% |
| Total equity and liabilities | 10/49 | €1,930,707 | €1,789,776 | -€140,932 | -7.3% |
| Equity | 10/15 | €930,785 | €1,042,284 | +€111,499 | +12.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €866,816 | €978,315 | +€111,499 | +12.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €860,616 | €972,115 | +€111,499 | +13.0% |
| Profit (loss) carried forward | 14 | €1,969 | €1,969 | = | 0.0% |
| Amounts payable | 17/49 | €999,922 | €747,492 | -€252,431 | -25.2% |
| Amounts payable after more than one year | 17 | €166,666 | €0 | -€166,666 | -100% |
| Financial debts | 170/4 | €166,666 | €0 | -€166,666 | -100% |
| Amounts payable within one year | 42/48 | €833,256 | €747,491 | -€85,765 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €166,666 | -€33,334 | -16.7% |
| Trade debts | 44 | €156 | €26 | -€131 | -83.7% |
| Suppliers | 440/4 | €156 | €26 | -€131 | -83.7% |
| Taxes, remuneration and social security | 45 | €78,368 | €59,204 | -€19,164 | -24.5% |
| Taxes | 450/3 | €73,368 | €54,204 | -€19,164 | -26.1% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Other amounts payable | 47/48 | €554,731 | €521,595 | -€33,136 | -6.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,732 | €6,777 | -€49,955 | -88.1% |
| Other operating charges | 640/8 | €7,578 | €38,955 | +€31,377 | +414% |
| Gross operating margin | 9900 | €229,795 | €231,925 | +€2,130 | +0.9% |
| Operating profit (loss) | 9901 | €165,485 | €186,193 | +€20,708 | +12.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €4,361 | €19,778 | +€15,417 | +354% |
| Recurring financial charges | 65 | €4,361 | €19,778 | +€15,417 | +354% |
| Profit (loss) for the period before taxes | 9903 | €161,124 | €166,415 | +€5,291 | +3.3% |
| Income taxes | 67/77 | €54,665 | €54,916 | +€251 | +0.5% |
| Profit (loss) for the period | 9904 | €106,459 | €111,499 | +€5,040 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €106,459 | €111,499 | +€5,040 | +4.7% |
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 18 October 2026 via checked.be.