Constructions MASSART Jonathan: 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.
Constructions MASSART Jonathan
Largest movements
- Cash +€70,303
up €70,303 (+54.9%), from €127,987 to €198,290
mainly Receivables within one year (+€54,704) and Depreciation (+€27,982)
- Receivables within one year -€54,704
down €54,704 (-52.5%), from €104,146 to €49,441
of which Trade receivables: -€56,077
- Tangible fixed assets -€25,404
down €25,404 (-18.7%), from €135,637 to €110,233
of which Plant, machinery and equipment: -€15,019
- Stocks and contracts +€5,339
up €5,339 (+167%), from €3,205 to €8,544
- Reserves +€19,000
up €19,000 (+8.6%), from €220,000 to €239,000
- Debts after one year -€15,665
down €15,665 (-23.2%), from €67,479 to €51,814
- Tax, wage and social debts -€14,815
down €14,815 (-59.8%), from €24,775 to €9,960
of which Taxes: -€10,815
- Trade debts +€8,455
up €8,455 (+65.2%), from €12,975 to €21,430
- Turnover +€403,469
new in 2025: €403,469
- Purchases and services +€286,041
new in 2025: €286,041
- Gross operating margin -€48,366
down €48,366 (-28.3%), from €171,107 to €122,741
- Staff costs -€23,935
down €23,935 (-27.9%), from €85,902 to €61,967
- Depreciation -€4,584
down €4,584 (-14.1%), from €32,565 to €27,982
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 | €373,334 | €371,191 | -€2,142 | -0.6% |
| Formation expenses | 20 | €697 | €255 | -€442 | -63.4% |
| Fixed assets | 21/28 | €135,862 | €110,458 | -€25,404 | -18.7% |
| Tangible fixed assets | 22/27 | €135,637 | €110,233 | -€25,404 | -18.7% |
| Land and buildings | 22 | €82,149 | €78,095 | -€4,054 | -4.9% |
| Plant, machinery and equipment | 23 | €36,575 | €21,556 | -€15,019 | -41.1% |
| Furniture and vehicles | 24 | €16,913 | €10,582 | -€6,331 | -37.4% |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €236,775 | €260,478 | +€23,704 | +10.0% |
| Stocks and contracts in progress | 3 | €3,205 | €8,544 | +€5,339 | +167% |
| Stocks | 30/36 | €3,205 | €8,544 | +€5,339 | +167% |
| Amounts receivable within one year | 40/41 | €104,146 | €49,441 | -€54,704 | -52.5% |
| Trade receivables | 40 | €102,546 | €46,469 | -€56,077 | -54.7% |
| Other amounts receivable | 41 | €1,600 | €2,972 | +€1,372 | +85.8% |
| Cash at bank and in hand | 54/58 | €127,987 | €198,290 | +€70,303 | +54.9% |
| Deferred charges and accrued income | 490/1 | €1,437 | €4,202 | +€2,766 | +193% |
| Total equity and liabilities | 10/49 | €373,334 | €371,191 | -€2,142 | -0.6% |
| Equity | 10/15 | €247,947 | €267,317 | +€19,370 | +7.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €220,000 | €239,000 | +€19,000 | +8.6% |
| Distributable reserves | 133 | €220,000 | €239,000 | +€19,000 | +8.6% |
| Profit (loss) carried forward | 14 | €7,947 | €8,317 | +€370 | +4.7% |
| Amounts payable | 17/49 | €125,387 | €103,874 | -€21,512 | -17.2% |
| Amounts payable after more than one year | 17 | €67,479 | €51,814 | -€15,665 | -23.2% |
| Financial debts | 170/4 | €67,479 | €51,814 | -€15,665 | -23.2% |
| Amounts payable within one year | 42/48 | €57,054 | €51,185 | -€5,869 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €19,305 | €19,796 | +€491 | +2.5% |
| Trade debts | 44 | €12,975 | €21,430 | +€8,455 | +65.2% |
| Suppliers | 440/4 | €12,975 | €21,430 | +€8,455 | +65.2% |
| Taxes, remuneration and social security | 45 | €24,775 | €9,960 | -€14,815 | -59.8% |
| Taxes | 450/3 | €18,057 | €7,241 | -€10,815 | -59.9% |
| Remuneration and social security | 454/9 | €6,718 | €2,718 | -€4,000 | -59.5% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €853 | €875 | +€22 | +2.6% |
| Turnover | 70 | - | €403,469 | +€403,469 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €286,041 | +€286,041 | |
| Remuneration, social security and pensions | 62 | €85,902 | €61,967 | -€23,935 | -27.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,565 | €27,982 | -€4,584 | -14.1% |
| Other operating charges | 640/8 | €2,948 | €2,826 | -€122 | -4.1% |
| Gross operating margin | 9900 | €171,107 | €122,741 | -€48,366 | -28.3% |
| Operating profit (loss) | 9901 | €49,692 | €29,967 | -€19,725 | -39.7% |
| Financial income | 75/76B | €23 | €0 | -€23 | -99.2% |
| Recurring financial income | 75 | €23 | €0 | -€23 | -99.2% |
| Financial charges | 65/66B | €3,331 | €3,218 | -€112 | -3.4% |
| Recurring financial charges | 65 | €3,331 | €3,218 | -€112 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €46,384 | €26,749 | -€19,635 | -42.3% |
| Income taxes | 67/77 | €9,495 | €7,379 | -€2,116 | -22.3% |
| Profit (loss) for the period | 9904 | €36,889 | €19,370 | -€17,519 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,889 | €19,370 | -€17,519 | -47.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.