CAJ 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.
CAJ CONSTRUCT
Largest movements
- Deferred charges and accrued income +€13,687
up €13,687 (+1,848%), from €740 to €14,428
- Receivables within one year +€8,905
up €8,905 (+23.5%), from €37,934 to €46,839
of which Other amounts receivable: +€5,355
- Cash -€6,174
down €6,174 (-23.6%), from €26,197 to €20,023
mainly Deferred charges and accrued income (-€13,687) and Receivables within one year (-€8,905)
- Trade debts +€15,412
up €15,412 (+222%), from €6,932 to €22,344
- Gross operating margin -€63,604
down €63,604 (-91.2%), from €69,777 to €6,173
- Taxes -€13,226
down €13,226 (-97.3%), from €13,599 to €372
- Depreciation +€2,712
up €2,712 (+248%), from €1,092 to €3,805
- Other operating charges +€1,023
up €1,023 (+2,062%), from €50 to €1,072
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 | €77,925 | €94,368 | +€16,442 | +21.1% |
| Fixed assets | 21/28 | €13,054 | €13,079 | +€24 | +0.2% |
| Tangible fixed assets | 22/27 | €11,304 | €11,329 | +€24 | +0.2% |
| Furniture and vehicles | 24 | €11,304 | €11,329 | +€24 | +0.2% |
| Financial fixed assets | 28 | €1,750 | €1,750 | = | 0.0% |
| Current assets | 29/58 | €64,871 | €81,289 | +€16,418 | +25.3% |
| Amounts receivable within one year | 40/41 | €37,934 | €46,839 | +€8,905 | +23.5% |
| Trade receivables | 40 | €35,923 | €39,474 | +€3,550 | +9.9% |
| Other amounts receivable | 41 | €2,010 | €7,365 | +€5,355 | +266% |
| Cash at bank and in hand | 54/58 | €26,197 | €20,023 | -€6,174 | -23.6% |
| Deferred charges and accrued income | 490/1 | €740 | €14,428 | +€13,687 | +1,848% |
| Total equity and liabilities | 10/49 | €77,925 | €94,368 | +€16,442 | +21.1% |
| Equity | 10/15 | €57,395 | €58,261 | +€866 | +1.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,395 | €55,261 | +€866 | +1.6% |
| Amounts payable | 17/49 | €20,530 | €36,107 | +€15,577 | +75.9% |
| Amounts payable within one year | 42/48 | €20,530 | €36,107 | +€15,577 | +75.9% |
| Trade debts | 44 | €6,932 | €22,344 | +€15,412 | +222% |
| Suppliers | 440/4 | €6,932 | €22,344 | +€15,412 | +222% |
| Taxes, remuneration and social security | 45 | €13,599 | €13,599 | = | 0.0% |
| Taxes | 450/3 | €13,599 | €13,599 | = | 0.0% |
| Other amounts payable | 47/48 | - | €165 | +€165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,092 | €3,805 | +€2,712 | +248% |
| Other operating charges | 640/8 | €50 | €1,072 | +€1,023 | +2,062% |
| Gross operating margin | 9900 | €69,777 | €6,173 | -€63,604 | -91.2% |
| Operating profit (loss) | 9901 | €68,635 | €1,296 | -€67,339 | -98.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €642 | €58 | -€584 | -91.0% |
| Recurring financial charges | 65 | €642 | €58 | -€584 | -91.0% |
| Profit (loss) for the period before taxes | 9903 | €67,994 | €1,238 | -€66,756 | -98.2% |
| Income taxes | 67/77 | €13,599 | €372 | -€13,226 | -97.3% |
| Profit (loss) for the period | 9904 | €54,395 | €866 | -€53,529 | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,395 | €866 | -€53,529 | -98.4% |
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 29 October 2026 via checked.be.