BJ Construction: 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.
BJ Construction
Largest movements
- Cash +€222,208
up €222,208 (+251,708%), from €88 to €222,296
mainly Short-term financial debts (+€300,000) and Receivables within one year (+€181,843)
- Receivables within one year -€181,843
down €181,843 (-41.6%), from €436,676 to €254,832
of which Trade receivables: -€140,788
- Tangible fixed assets -€130,431
down €130,431 (-20.0%), from €651,835 to €521,404
of which Leasing and similar rights: -€73,179
- Stocks and contracts +€108,357
up €108,357 (+9.3%), from €1.2m to €1.3m
of which Stocks: +€67,479
- Short-term financial debts +€300,000
up €300,000 (+58.8%), from €510,031 to €810,031
- Debts after one year -€254,158
down €254,158 (-43.4%), from €586,095 to €331,937
of which Other amounts payable: -€414,135
- Other debts +€169,496
up €169,496 (+123%), from €137,984 to €307,480
- Current portion of long-term debt -€127,156
down €127,156 (-50.9%), from €249,893 to €122,737
- Trade debts -€62,830
down €62,830 (-12.8%), from €492,640 to €429,810
- Staff costs -€386,020
down €386,020 (-28.3%), from €1.4m to €976,444
- Gross operating margin -€292,729
down €292,729 (-19.2%), from €1.5m to €1.2m
- Financial charges -€27,140
down €27,140 (-22.4%), from €120,955 to €93,815
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 | €2,302,129 | €2,325,744 | +€23,615 | +1.0% |
| Formation expenses | 20 | €286 | €57 | -€229 | -80.2% |
| Fixed assets | 21/28 | €685,379 | €554,085 | -€131,294 | -19.2% |
| Tangible fixed assets | 22/27 | €651,835 | €521,404 | -€130,431 | -20.0% |
| Land and buildings | 22 | €348,000 | €340,741 | -€7,259 | -2.1% |
| Plant, machinery and equipment | 23 | €39,927 | €24,067 | -€15,860 | -39.7% |
| Furniture and vehicles | 24 | €68,380 | €34,247 | -€34,133 | -49.9% |
| Leasing and similar rights | 25 | €195,529 | €122,350 | -€73,179 | -37.4% |
| Financial fixed assets | 28 | €33,544 | €32,681 | -€863 | -2.6% |
| Current assets | 29/58 | €1,616,464 | €1,771,603 | +€155,138 | +9.6% |
| Stocks and contracts in progress | 3 | €1,164,039 | €1,272,395 | +€108,357 | +9.3% |
| Stocks | 30/36 | €1,108,996 | €1,176,475 | +€67,479 | +6.1% |
| Contracts in progress | 37 | €55,042 | €95,920 | +€40,878 | +74.3% |
| Amounts receivable within one year | 40/41 | €436,676 | €254,832 | -€181,843 | -41.6% |
| Trade receivables | 40 | €352,901 | €212,113 | -€140,788 | -39.9% |
| Other amounts receivable | 41 | €83,775 | €42,719 | -€41,055 | -49.0% |
| Cash at bank and in hand | 54/58 | €88 | €222,296 | +€222,208 | +251,708% |
| Deferred charges and accrued income | 490/1 | €15,662 | €22,079 | +€6,417 | +41.0% |
| Total equity and liabilities | 10/49 | €2,302,129 | €2,325,744 | +€23,615 | +1.0% |
| Equity | 10/15 | €226,451 | €227,273 | +€822 | +0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €278,000 | €270,741 | -€7,259 | -2.6% |
| Reserves | 13 | - | €7,259 | +€7,259 | |
| Distributable reserves | 133 | - | €7,259 | +€7,259 | |
| Profit (loss) carried forward | 14 | -€113,549 | -€112,727 | +€822 | +0.7% |
| Amounts payable | 17/49 | €2,075,678 | €2,098,472 | +€22,793 | +1.1% |
| Amounts payable after more than one year | 17 | €586,095 | €331,937 | -€254,158 | -43.4% |
| Financial debts | 170/4 | €171,961 | €331,937 | +€159,977 | +93.0% |
| Other amounts payable | 178/9 | €414,135 | - | -€414,135 | |
| Amounts payable within one year | 42/48 | €1,448,607 | €1,746,558 | +€297,951 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €249,893 | €122,737 | -€127,156 | -50.9% |
| Financial debts | 43 | €510,031 | €810,031 | +€300,000 | +58.8% |
| Credit institutions | 430/8 | €510,031 | €810,031 | +€300,000 | +58.8% |
| Trade debts | 44 | €492,640 | €429,810 | -€62,830 | -12.8% |
| Suppliers | 440/4 | €492,640 | €429,810 | -€62,830 | -12.8% |
| Taxes, remuneration and social security | 45 | €58,060 | €76,500 | +€18,440 | +31.8% |
| Taxes | 450/3 | €19,982 | €20,476 | +€494 | +2.5% |
| Remuneration and social security | 454/9 | €38,078 | €56,024 | +€17,946 | +47.1% |
| Other amounts payable | 47/48 | €137,984 | €307,480 | +€169,496 | +123% |
| Accrued charges and deferred income | 492/3 | €40,975 | €19,976 | -€20,999 | -51.2% |
| Non-recurring operating income | 76A | €7,346 | - | -€7,346 | |
| Remuneration, social security and pensions | 62 | €1,362,464 | €976,444 | -€386,020 | -28.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €129,650 | €114,421 | -€15,229 | -11.7% |
| Other operating charges | 640/8 | €27,273 | €36,661 | +€9,388 | +34.4% |
| Non-recurring operating charges | 66A | €46,622 | €12,891 | -€33,731 | -72.3% |
| Gross operating margin | 9900 | €1,527,389 | €1,234,659 | -€292,729 | -19.2% |
| Operating profit (loss) | 9901 | -€38,621 | €94,241 | +€132,863 | |
| Financial income | 75/76B | €571 | €1,094 | +€523 | +91.6% |
| Recurring financial income | 75 | €571 | €1,094 | +€523 | +91.6% |
| Financial charges | 65/66B | €120,955 | €93,815 | -€27,140 | -22.4% |
| Recurring financial charges | 65 | €120,955 | €93,815 | -€27,140 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | -€159,005 | €1,521 | +€160,526 | |
| Income taxes | 67/77 | €1,299 | €699 | -€600 | -46.2% |
| Profit (loss) for the period | 9904 | -€160,304 | €822 | +€161,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€160,304 | €822 | +€161,126 |
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 14 October 2026 via checked.be.