C.J.M. CONSTRUCT: 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.
C.J.M. CONSTRUCT
Largest movements
- Receivables within one year +€29,843
up €29,843 (+353%), from €8,444 to €38,287
- Cash -€9,330
down €9,330 (-7.5%), from €124,303 to €114,972
mainly Receivables within one year (-€29,843) and Investment in fixed assets (net) (-€4,045)
- Reserves +€10,877
up €10,877 (+8.5%), from €128,690 to €139,567
- Trade debts +€9,350
up €9,350 (+6,575%), from €142 to €9,492
- Gross operating margin -€27,486
down €27,486 (-51.3%), from €53,571 to €26,085
- Taxes -€10,482
down €10,482 (-61.3%), from €17,105 to €6,623
- Write-downs +€4,080
new in 2025: €4,080
- Depreciation +€1,434
up €1,434 (+115%), from €1,249 to €2,683
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 | €138,630 | €159,379 | +€20,749 | +15.0% |
| Fixed assets | 21/28 | €4,086 | €5,448 | +€1,362 | +33.3% |
| Tangible fixed assets | 22/27 | €4,086 | €5,448 | +€1,362 | +33.3% |
| Furniture and vehicles | 24 | €2,529 | €4,068 | +€1,539 | +60.9% |
| Other tangible fixed assets | 26 | €1,557 | €1,379 | -€177 | -11.4% |
| Current assets | 29/58 | €134,544 | €153,931 | +€19,387 | +14.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €8,444 | €38,287 | +€29,843 | +353% |
| Trade receivables | 40 | €8,444 | €38,287 | +€29,843 | +353% |
| Cash at bank and in hand | 54/58 | €124,303 | €114,972 | -€9,330 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,797 | €672 | -€1,125 | -62.6% |
| Total equity and liabilities | 10/49 | €138,630 | €159,379 | +€20,749 | +15.0% |
| Equity | 10/15 | €129,690 | €140,567 | +€10,877 | +8.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €128,690 | €139,567 | +€10,877 | +8.5% |
| Distributable reserves | 133 | €128,690 | €139,567 | +€10,877 | +8.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €8,940 | €18,812 | +€9,872 | +110% |
| Amounts payable within one year | 42/48 | €8,940 | €18,812 | +€9,872 | +110% |
| Trade debts | 44 | €142 | €9,492 | +€9,350 | +6,575% |
| Suppliers | 440/4 | €142 | €9,492 | +€9,350 | +6,575% |
| Advances received on contracts in progress | 46 | €370 | €600 | +€230 | +62.2% |
| Taxes, remuneration and social security | 45 | €7,670 | €7,803 | +€133 | +1.7% |
| Taxes | 450/3 | €7,630 | €7,487 | -€143 | -1.9% |
| Remuneration and social security | 454/9 | €40 | €316 | +€276 | +684% |
| Other amounts payable | 47/48 | €758 | €917 | +€159 | +21.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,249 | €2,683 | +€1,434 | +115% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,080 | +€4,080 | |
| Other operating charges | 640/8 | €1,226 | €1,237 | +€11 | +0.9% |
| Gross operating margin | 9900 | €53,571 | €26,085 | -€27,486 | -51.3% |
| Operating profit (loss) | 9901 | €51,096 | €18,085 | -€33,011 | -64.6% |
| Financial income | 75/76B | €28 | €386 | +€357 | +1,267% |
| Recurring financial income | 75 | €28 | €386 | +€357 | +1,267% |
| Financial charges | 65/66B | €1,139 | €970 | -€169 | -14.8% |
| Recurring financial charges | 65 | €1,139 | €970 | -€169 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €49,985 | €17,500 | -€32,485 | -65.0% |
| Income taxes | 67/77 | €17,105 | €6,623 | -€10,482 | -61.3% |
| Profit (loss) for the period | 9904 | €32,880 | €10,877 | -€22,003 | -66.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,880 | €10,877 | -€22,003 | -66.9% |
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.