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
- Tangible fixed assets +€32,826
up €32,826 (+89.4%), from €36,728 to €69,555
of which Furniture and vehicles: +€34,237
- Cash +€3,555
up €3,555 (+8.4%), from €42,332 to €45,888
mainly Depreciation (+€19,688) and Debts after one year (+€18,022)
- Receivables within one year -€3,122
down €3,122 (-12.4%), from €25,080 to €21,958
of which Trade receivables: -€4,411
- Debts after one year +€18,022
up €18,022 (+112%), from €16,058 to €34,080
- Current portion of long-term debt +€10,517
up €10,517 (+111%), from €9,441 to €19,958
- Trade debts +€3,353
up €3,353 (+21.9%), from €15,324 to €18,678
- Gross operating margin -€10,903
down €10,903 (-29.8%), from €36,617 to €25,714
- Depreciation +€8,592
up €8,592 (+77.4%), from €11,096 to €19,688
- Taxes -€4,755
down €4,755 (-77.1%), from €6,164 to €1,409
- Other operating charges +€472
up €472 (+60.8%), from €776 to €1,248
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 | €104,898 | €137,868 | +€32,970 | +31.4% |
| Fixed assets | 21/28 | €36,728 | €69,555 | +€32,826 | +89.4% |
| Tangible fixed assets | 22/27 | €36,728 | €69,555 | +€32,826 | +89.4% |
| Plant, machinery and equipment | 23 | €4,291 | €2,880 | -€1,411 | -32.9% |
| Furniture and vehicles | 24 | €32,438 | €66,675 | +€34,237 | +106% |
| Current assets | 29/58 | €68,169 | €68,313 | +€143 | +0.2% |
| Amounts receivable within one year | 40/41 | €25,080 | €21,958 | -€3,122 | -12.4% |
| Trade receivables | 40 | €23,714 | €19,303 | -€4,411 | -18.6% |
| Other amounts receivable | 41 | €1,366 | €2,655 | +€1,289 | +94.4% |
| Cash at bank and in hand | 54/58 | €42,332 | €45,888 | +€3,555 | +8.4% |
| Deferred charges and accrued income | 490/1 | €757 | €467 | -€290 | -38.3% |
| Total equity and liabilities | 10/49 | €104,898 | €137,868 | +€32,970 | +31.4% |
| Equity | 10/15 | €60,064 | €61,266 | +€1,203 | +2.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €60,063 | €61,265 | +€1,203 | +2.0% |
| Non-distributable reserves | 130/1 | €18,599 | €18,599 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,599 | €18,599 | = | 0.0% |
| Distributable reserves | 133 | €41,464 | €42,666 | +€1,203 | +2.9% |
| Amounts payable | 17/49 | €44,834 | €76,601 | +€31,767 | +70.9% |
| Amounts payable after more than one year | 17 | €16,058 | €34,080 | +€18,022 | +112% |
| Financial debts | 170/4 | €16,058 | €34,080 | +€18,022 | +112% |
| Amounts payable within one year | 42/48 | €28,776 | €42,521 | +€13,745 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €9,441 | €19,958 | +€10,517 | +111% |
| Trade debts | 44 | €15,324 | €18,678 | +€3,353 | +21.9% |
| Suppliers | 440/4 | €15,324 | €18,678 | +€3,353 | +21.9% |
| Taxes, remuneration and social security | 45 | €3,114 | €3,609 | +€495 | +15.9% |
| Taxes | 450/3 | €914 | €1,409 | +€495 | +54.1% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €896 | €277 | -€620 | -69.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,096 | €19,688 | +€8,592 | +77.4% |
| Other operating charges | 640/8 | €776 | €1,248 | +€472 | +60.8% |
| Gross operating margin | 9900 | €36,617 | €25,714 | -€10,903 | -29.8% |
| Operating profit (loss) | 9901 | €24,745 | €4,778 | -€19,967 | -80.7% |
| Financial income | 75/76B | €9 | €9 | +€1 | +6.8% |
| Recurring financial income | 75 | €9 | €9 | +€1 | +6.8% |
| Financial charges | 65/66B | €1,884 | €2,175 | +€291 | +15.4% |
| Recurring financial charges | 65 | €1,884 | €2,175 | +€291 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €22,869 | €2,612 | -€20,257 | -88.6% |
| Income taxes | 67/77 | €6,164 | €1,409 | -€4,755 | -77.1% |
| Profit (loss) for the period | 9904 | €16,705 | €1,203 | -€15,502 | -92.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,705 | €1,203 | -€15,502 | -92.8% |
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 28 October 2026 via checked.be.