DE JAEGER CONSTRUCTIONS: 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.
DE JAEGER CONSTRUCTIONS
Largest movements
- Cash +€42,903
up €42,903 (+47.7%), from €89,861 to €132,764
mainly Net result for the year (+€42,342) and Depreciation (+€26,637)
- Tangible fixed assets -€22,892
down €22,892 (-7.5%), from €304,682 to €281,790
of which Furniture and vehicles: -€16,774
- Profit (loss) carried forward +€42,342
up €42,342, from -€16,615 to €25,727
- Debts after one year -€25,210
down €25,210 (-13.5%), from €187,054 to €161,844
- Trade debts +€11,815
up €11,815 (+28.5%), from €41,465 to €53,280
- Other debts -€4,803
down €4,803 (-6.5%), from €74,256 to €69,453
- Gross operating margin +€136,786
up €136,786 (+47.8%), from €286,252 to €423,038
- Staff costs +€31,401
up €31,401 (+10.2%), from €308,209 to €339,610
- Depreciation -€6,479
down €6,479 (-19.6%), from €33,116 to €26,637
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.
Cash bridge derived
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 | €450,645 | €467,048 | +€16,403 | +3.6% |
| Fixed assets | 21/28 | €304,762 | €281,870 | -€22,892 | -7.5% |
| Tangible fixed assets | 22/27 | €304,682 | €281,790 | -€22,892 | -7.5% |
| Land and buildings | 22 | €260,244 | €251,880 | -€8,364 | -3.2% |
| Plant, machinery and equipment | 23 | €2,610 | €4,856 | +€2,246 | +86.1% |
| Furniture and vehicles | 24 | €41,828 | €25,054 | -€16,774 | -40.1% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €145,883 | €185,178 | +€39,295 | +26.9% |
| Stocks and contracts in progress | 3 | €10,156 | €5,912 | -€4,244 | -41.8% |
| Stocks | 30/36 | €1,156 | €5,912 | +€4,756 | +411.4% |
| Contracts in progress | 37 | €9,000 | - | -€9,000 | |
| Amounts receivable within one year | 40/41 | €42,514 | €40,736 | -€1,778 | -4.2% |
| Trade receivables | 40 | €42,465 | €40,687 | -€1,778 | -4.2% |
| Other amounts receivable | 41 | €49 | €49 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €89,861 | €132,764 | +€42,903 | +47.7% |
| Deferred charges and accrued income | 490/1 | €3,352 | €5,766 | +€2,414 | +72.0% |
| Total equity and liabilities | 10/49 | €450,645 | €467,048 | +€16,403 | +3.6% |
| Equity | 10/15 | €66,845 | €109,187 | +€42,342 | +63.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €64,860 | €64,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,000 | €63,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,615 | €25,727 | +€42,342 | |
| Amounts payable | 17/49 | €383,800 | €357,861 | -€25,939 | -6.8% |
| Amounts payable after more than one year | 17 | €187,054 | €161,844 | -€25,210 | -13.5% |
| Financial debts | 170/4 | €187,054 | €161,844 | -€25,210 | -13.5% |
| Amounts payable within one year | 42/48 | €196,234 | €196,017 | -€217 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €28,433 | €25,210 | -€3,223 | -11.3% |
| Trade debts | 44 | €41,465 | €53,280 | +€11,815 | +28.5% |
| Suppliers | 440/4 | €41,465 | €53,280 | +€11,815 | +28.5% |
| Taxes, remuneration and social security | 45 | €52,080 | €48,074 | -€4,006 | -7.7% |
| Taxes | 450/3 | €26,282 | €29,792 | +€3,510 | +13.4% |
| Remuneration and social security | 454/9 | €25,798 | €18,282 | -€7,516 | -29.1% |
| Other amounts payable | 47/48 | €74,256 | €69,453 | -€4,803 | -6.5% |
| Accrued charges and deferred income | 492/3 | €512 | - | -€512 | |
| Remuneration, social security and pensions | 62 | €308,209 | €339,610 | +€31,401 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,116 | €26,637 | -€6,479 | -19.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,252 | - | -€3,252 | |
| Other operating charges | 640/8 | €5,849 | €8,896 | +€3,047 | +52.1% |
| Gross operating margin | 9900 | €286,252 | €423,038 | +€136,786 | +47.8% |
| Operating profit (loss) | 9901 | -€64,174 | €47,895 | +€112,069 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €5,481 | €5,196 | -€285 | -5.2% |
| Recurring financial charges | 65 | €5,481 | €5,196 | -€285 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€69,654 | €42,699 | +€112,353 | |
| Income taxes | 67/77 | €359 | €357 | -€2 | -0.6% |
| Profit (loss) for the period | 9904 | -€70,013 | €42,342 | +€112,355 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,013 | €42,342 | +€112,355 |
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 10 October 2026 via checked.be.