WIM 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.
WIM JACOBS
Largest movements
- Cash -€12,344
down €12,344 (-42.3%), from €29,201 to €16,857
mainly Trade debts (-€17,109) and Receivables within one year (-€11,521)
- Receivables within one year +€11,521
up €11,521 (+200%), from €5,770 to €17,291
of which Trade receivables: +€14,092
- Deferred charges and accrued income -€11,375
down €11,375 (-97.7%), from €11,640 to €265
- Tangible fixed assets +€1,744
up €1,744 (+12.0%), from €14,535 to €16,278
of which Plant, machinery and equipment: +€4,234
- Trade debts -€17,109
down €17,109 (-88.2%), from €19,403 to €2,295
- Reserves +€7,100
up €7,100 (+36.0%), from €19,709 to €26,809
- Other debts +€3,496
up €3,496 (+61.8%), from €5,659 to €9,155
- Current portion of long-term debt -€3,435
down €3,435 (-100%), from €3,435 to €0
- Gross operating margin +€10,268
up €10,268 (+59.1%), from €17,370 to €27,637
- Taxes +€3,870
up €3,870 (+718%), from €539 to €4,409
- Financial charges +€1,844
up €1,844 (+479%), from €385 to €2,228
- Depreciation -€1,120
down €1,120 (-16.7%), from €6,696 to €5,576
- Other operating charges -€901
down €901 (-45.9%), from €1,962 to €1,061
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 | €61,145 | €50,692 | -€10,454 | -17.1% |
| Fixed assets | 21/28 | €14,535 | €16,278 | +€1,744 | +12.0% |
| Tangible fixed assets | 22/27 | €14,535 | €16,278 | +€1,744 | +12.0% |
| Plant, machinery and equipment | 23 | €7,864 | €12,099 | +€4,234 | +53.8% |
| Furniture and vehicles | 24 | €6,670 | €4,180 | -€2,491 | -37.3% |
| Current assets | 29/58 | €46,611 | €34,413 | -€12,198 | -26.2% |
| Amounts receivable within one year | 40/41 | €5,770 | €17,291 | +€11,521 | +200% |
| Trade receivables | 40 | €2,227 | €16,319 | +€14,092 | +633% |
| Other amounts receivable | 41 | €3,543 | €972 | -€2,570 | -72.6% |
| Cash at bank and in hand | 54/58 | €29,201 | €16,857 | -€12,344 | -42.3% |
| Deferred charges and accrued income | 490/1 | €11,640 | €265 | -€11,375 | -97.7% |
| Total equity and liabilities | 10/49 | €61,145 | €50,692 | -€10,454 | -17.1% |
| Equity | 10/15 | €32,109 | €39,209 | +€7,100 | +22.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €19,709 | €26,809 | +€7,100 | +36.0% |
| Distributable reserves | 133 | €19,709 | €26,809 | +€7,100 | +36.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €29,036 | €11,482 | -€17,554 | -60.5% |
| Amounts payable within one year | 42/48 | €29,036 | €11,482 | -€17,554 | -60.5% |
| Current portion of amounts payable after more than one year | 42 | €3,435 | €0 | -€3,435 | -100% |
| Trade debts | 44 | €19,403 | €2,295 | -€17,109 | -88.2% |
| Suppliers | 440/4 | €19,403 | €2,295 | -€17,109 | -88.2% |
| Taxes, remuneration and social security | 45 | €539 | €33 | -€506 | -93.9% |
| Taxes | 450/3 | €539 | €33 | -€506 | -93.9% |
| Other amounts payable | 47/48 | €5,659 | €9,155 | +€3,496 | +61.8% |
| Non-recurring operating income | 76A | - | €12,750 | +€12,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,696 | €5,576 | -€1,120 | -16.7% |
| Other operating charges | 640/8 | €1,962 | €1,061 | -€901 | -45.9% |
| Gross operating margin | 9900 | €17,370 | €27,637 | +€10,268 | +59.1% |
| Operating profit (loss) | 9901 | €8,711 | €21,000 | +€12,289 | +141% |
| Financial income | 75/76B | €177 | €2 | -€175 | -98.7% |
| Recurring financial income | 75 | €177 | €2 | -€175 | -98.7% |
| Financial charges | 65/66B | €385 | €2,228 | +€1,844 | +479% |
| Recurring financial charges | 65 | €385 | €2,228 | +€1,844 | +479% |
| Profit (loss) for the period before taxes | 9903 | €8,504 | €18,774 | +€10,270 | +121% |
| Income taxes | 67/77 | €539 | €4,409 | +€3,870 | +718% |
| Profit (loss) for the period | 9904 | €7,965 | €14,365 | +€6,401 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,965 | €14,365 | +€6,401 | +80.4% |
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.