Toitures 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.
What changed
Toitures Jacobs
NACE 43.410, Roofing work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€2.4m
2024 · €2.3m+€158,301
Equity
€5.6m
2024 · €5.8m-€158,366
Cash
€1.8m
2024 · €2.1m-€368,642
Balance sheet total
€14.1m
2024 · €11.9m+€2.1m
Largest movements
Assets
- Tangible fixed assets +€2.1m
up €2.1m (+75.0%), from €2.8m to €4.9m
of which Land and buildings: +€1.2m
- Cash -€368,642
down €368,642 (-17.2%), from €2.1m to €1.8m
mainly Investment in fixed assets (net) (-€2.6m) and Contributions, distributions and other (-€2.6m)
- Current investments +€264,346
up €264,346 (+44.7%), from €591,304 to €855,649
Equity and liabilities
- Debts after one year +€767,536
up €767,536 (+142%), from €538,887 to €1.3m
of which Financial debts: +€764,736
- Other debts +€729,100
up €729,100 (+39.0%), from €1.9m to €2.6m
- Current portion of long-term debt +€442,656
up €442,656 (+63.7%), from €694,811 to €1.1m
- Tax, wage and social debts +€251,968
up €251,968 (+13.5%), from €1.9m to €2.1m
of which Taxes: +€269,095
- Profit (loss) carried forward -€156,857
down €156,857 (-4.2%), from €3.8m to €3.6m
Income statement
- Turnover +€1.0m
up €1.0m (+4.6%), from €22.7m to €23.7m
- Goods and materials +€765,334
up €765,334 (+5.8%), from €13.2m to €14.0m
of which Purchases: +€734,735
- Taxes +€253,528
up €253,528 (+26.6%), from €951,381 to €1.2m
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.
Result 2024
€2.3m
Turnover
+€1.0m
Other operating income
+€11,996
Goods and materials
-€765,334
Services and other goods
-€109,686
Staff costs
+€10,272
Depreciation
-€134,370
Write-downs
+€50,000
Provisions
+€138,403
Other operating charges
-€28,158
Other operating items
+€137,026
Financial income
+€37,452
Financial charges
+€27,953
Taxes
-€253,528
Result 2025
€2.4m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€3.9m
Investment
-€2.9m
Financing
-€1.4m
Cash 2024
€2.1m
From operations (derived)
+€3.9m
Net result for the year
+€2.4m
Depreciation
+€496,462
Receivables after one year
+€12,246
Smaller working-capital items
-€2,819
Receivables within one year
-€74,525
Deferred charges and accrued income
-€34,761
Provisions
+€49,460
Trade debts
+€23,754
Tax, wage and social debts
+€251,968
Other debts
+€729,100
Investment (derived)
-€2.9m
Investment in fixed assets (net)
-€2.6m
Current investments
-€264,346
Financing
-€1.4m
Debts after one year
+€767,536
Current portion of long-term debt
+€442,656
Contributions, distributions and other
-€2.6m
Cash 2025
€1.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,946,744 | €14,053,565 | +€2.1m | +17.6% |
| Fixed assets | 21/28 | €3,194,766 | €5,305,311 | +€2.1m | +66.1% |
| Tangible fixed assets | 22/27 | €2,805,978 | €4,909,154 | +€2.1m | +75.0% |
| Land and buildings | 22 | €1,419,696 | €2,626,436 | +€1.2m | +85.0% |
| Plant, machinery and equipment | 23 | €192,013 | €233,613 | +€41,600 | +21.7% |
| Furniture and vehicles | 24 | €1,194,269 | €1,214,521 | +€20,252 | +1.7% |
| Assets under construction and advance payments | 27 | - | €834,584 | +€834,584 | |
| Financial fixed assets | 28 | €388,788 | €396,157 | +€7,369 | +1.9% |
| Other financial fixed assets | 284/8 | €388,788 | €396,157 | +€7,369 | +1.9% |
| Amounts receivable and cash guarantees | 285/8 | €388,788 | €396,157 | +€7,369 | +1.9% |
| Current assets | 29/58 | €8,751,978 | €8,748,254 | -€3,724 | 0.0% |
| Amounts receivable after more than one year | 29 | €354,613 | €342,367 | -€12,246 | -3.5% |
| Other amounts receivable | 291 | €354,613 | €342,367 | -€12,246 | -3.5% |
| Stocks and contracts in progress | 3 | €185,904 | €189,437 | +€3,532 | +1.9% |
| Stocks | 30/36 | €185,904 | €189,437 | +€3,532 | +1.9% |
| Goods purchased for resale | 34 | €185,904 | €189,437 | +€3,532 | +1.9% |
| Amounts receivable within one year | 40/41 | €5,293,404 | €5,367,929 | +€74,525 | +1.4% |
| Trade receivables | 40 | €4,996,669 | €4,947,362 | -€49,308 | -1.0% |
| Other amounts receivable | 41 | €296,735 | €420,568 | +€123,833 | +41.7% |
| Current investments | 50/53 | €591,304 | €855,649 | +€264,346 | +44.7% |
| Other investments | 51/53 | €591,304 | €855,649 | +€264,346 | +44.7% |
| Cash at bank and in hand | 54/58 | €2,138,693 | €1,770,051 | -€368,642 | -17.2% |
| Deferred charges and accrued income | 490/1 | €188,060 | €222,821 | +€34,761 | +18.5% |
| Total equity and liabilities | 10/49 | €11,946,744 | €14,053,565 | +€2.1m | +17.6% |
| Equity | 10/15 | €5,800,830 | €5,642,464 | -€158,366 | -2.7% |
| Contributions | 10/11 | €746,449 | €746,449 | = | 0.0% |
| Revaluation surpluses | 12 | €326,287 | €301,188 | -€25,099 | -7.7% |
| Reserves | 13 | €969,234 | €993,010 | +€23,776 | +2.5% |
| Non-distributable reserves | 130/1 | €125,725 | €125,725 | = | 0.0% |
| Other | 1319 | €125,725 | €125,725 | = | 0.0% |
| Tax-exempt reserves | 132 | €427,615 | €426,292 | -€1,323 | -0.3% |
| Distributable reserves | 133 | €415,894 | €440,993 | +€25,099 | +6.0% |
| Profit (loss) carried forward | 14 | €3,756,263 | €3,599,406 | -€156,857 | -4.2% |
| Investment grants | 15 | €2,596 | €2,411 | -€185 | -7.1% |
| Provisions and deferred taxes | 16 | €222,105 | €271,564 | +€49,460 | +22.3% |
| Provisions for liabilities and charges | 160/5 | €219,403 | €269,403 | +€50,000 | +22.8% |
| Other liabilities and charges | 164/5 | €219,403 | €269,403 | +€50,000 | +22.8% |
| Deferred taxes | 168 | €2,702 | €2,162 | -€540 | -20.0% |
| Amounts payable | 17/49 | €5,923,810 | €8,139,537 | +€2.2m | +37.4% |
| Amounts payable after more than one year | 17 | €538,887 | €1,306,423 | +€767,536 | +142% |
| Financial debts | 170/4 | €538,887 | €1,303,623 | +€764,736 | +142% |
| Subordinated loans | 170 | €5,235 | - | -€5,235 | |
| Credit institutions | 173 | €533,651 | €1,303,623 | +€769,971 | +144% |
| Other amounts payable | 178/9 | - | €2,800 | +€2,800 | |
| Amounts payable within one year | 42/48 | €5,368,163 | €6,815,641 | +€1.4m | +27.0% |
| Current portion of amounts payable after more than one year | 42 | €694,811 | €1,137,467 | +€442,656 | +63.7% |
| Trade debts | 44 | €940,985 | €964,739 | +€23,754 | +2.5% |
| Suppliers | 440/4 | €940,985 | €964,739 | +€23,754 | +2.5% |
| Taxes, remuneration and social security | 45 | €1,861,467 | €2,113,436 | +€251,968 | +13.5% |
| Taxes | 450/3 | €1,623,006 | €1,892,101 | +€269,095 | +16.6% |
| Remuneration and social security | 454/9 | €238,461 | €221,335 | -€17,126 | -7.2% |
| Other amounts payable | 47/48 | €1,870,900 | €2,600,000 | +€729,100 | +39.0% |
| Accrued charges and deferred income | 492/3 | €16,760 | €17,473 | +€713 | +4.3% |
| Operating income | 70/76A | €22,783,914 | €23,985,646 | +€1.2m | +5.3% |
| Turnover | 70 | €22,664,693 | €23,700,968 | +€1.0m | +4.6% |
| Own construction capitalised | 72 | - | €153,705 | +€153,705 | |
| Other operating income | 74 | €118,976 | €130,972 | +€11,996 | +10.1% |
| Non-recurring operating income | 76A | €245 | - | -€245 | |
| Operating charges | 60/66A | €19,496,811 | €20,352,119 | +€855,308 | +4.4% |
| Goods for resale, raw materials and consumables | 60 | €13,240,086 | €14,005,421 | +€765,334 | +5.8% |
| Purchases | 600/8 | €13,274,218 | €14,008,953 | +€734,735 | +5.5% |
| Change in stocks: decrease (increase) | 609 | -€34,131 | -€3,532 | +€30,599 | +89.7% |
| Services and other goods | 61 | €1,427,912 | €1,537,599 | +€109,686 | +7.7% |
| Remuneration, social security and pensions | 62 | €4,121,018 | €4,110,746 | -€10,272 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €362,091 | €496,462 | +€134,370 | +37.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €36,363 | -€13,637 | -€50,000 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €188,403 | €50,000 | -€138,403 | -73.5% |
| Other operating charges | 640/8 | €94,094 | €122,251 | +€28,158 | +29.9% |
| Non-recurring operating charges | 66A | €26,843 | €43,277 | +€16,434 | +61.2% |
| Operating profit (loss) | 9901 | €3,287,103 | €3,633,527 | +€346,424 | +10.5% |
| Financial income | 75/76B | €202,314 | €239,766 | +€37,452 | +18.5% |
| Recurring financial income | 75 | €202,314 | €239,766 | +€37,452 | +18.5% |
| Income from current assets | 751 | €43,566 | €60,070 | +€16,505 | +37.9% |
| Other financial income | 752/9 | €158,748 | €179,695 | +€20,947 | +13.2% |
| Financial charges | 65/66B | €255,058 | €227,105 | -€27,953 | -11.0% |
| Recurring financial charges | 65 | €255,058 | €227,105 | -€27,953 | -11.0% |
| Debt charges | 650 | €107,825 | €114,872 | +€7,047 | +6.5% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €156 | €7,443 | +€7,287 | +4,660% |
| Other financial charges | 652/9 | €147,076 | €104,789 | -€42,287 | -28.8% |
| Profit (loss) for the period before taxes | 9903 | €3,234,359 | €3,646,188 | +€411,829 | +12.7% |
| Transfer from deferred taxes | 780 | €540 | €540 | = | 0.0% |
| Income taxes | 67/77 | €951,381 | €1,204,908 | +€253,528 | +26.6% |
| Taxes | 670/3 | €1,404,410 | €1,204,908 | -€199,502 | -14.2% |
| Tax adjustments and reversals of tax provisions | 77 | €453,029 | - | -€453,029 | |
| Profit (loss) for the period | 9904 | €2,283,519 | €2,441,820 | +€158,301 | +6.9% |
| Transfer from tax-exempt reserves | 789 | €211,823 | €1,323 | -€210,500 | -99.4% |
| Transfer to tax-exempt reserves | 689 | €421,000 | - | -€421,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,074,342 | €2,443,143 | +€368,801 | +17.8% |
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 21 October 2026 via checked.be.