F&J CONSTRUCTION: what changed
Two fiscal 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.
F&J CONSTRUCTION
Largest movements
- Receivables within one year +€55,246
up €55,246 (+247.2%), from €22,351 to €77,597
of which Trade receivables: +€55,948
- Cash -€21,433
down €21,433 (-41.4%), from €51,737 to €30,304
mainly Receivables within one year (-€55,246) and Current portion of long-term debt (-€9,913)
- Tangible fixed assets -€14,440
down €14,440 (-18.6%), from €77,527 to €63,087
of which Leasing and similar rights: -€8,470
- Profit (loss) carried forward +€17,307
up €17,307 (+26.9%), from €64,380 to €81,687
- Trade debts +€12,147
up €12,147 (+160.1%), from €7,587 to €19,734
- Current portion of long-term debt -€9,913
down €9,913 (-65.1%), from €15,219 to €5,305
- Tax, wage and social debts +€8,742
up €8,742 (+69.7%), from €12,538 to €21,280
of which Taxes: +€8,558
- Debts after one year -€5,783
down €5,783 (-39.7%), from €14,579 to €8,796
- Staff costs -€2,412
down €2,412 (-4.2%), from €57,146 to €54,734
- Gross operating margin -€1,744
down €1,744 (-1.8%), from €96,691 to €94,947
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 | €152,575 | €173,152 | +€20,577 | +13.5% |
| Fixed assets | 21/28 | €77,577 | €63,137 | -€14,440 | -18.6% |
| Tangible fixed assets | 22/27 | €77,527 | €63,087 | -€14,440 | -18.6% |
| Land and buildings | 22 | €53,041 | €48,507 | -€4,534 | -8.5% |
| Plant, machinery and equipment | 23 | €1,178 | €647 | -€531 | -45.1% |
| Furniture and vehicles | 24 | €2,561 | €1,656 | -€905 | -35.3% |
| Leasing and similar rights | 25 | €20,746 | €12,276 | -€8,470 | -40.8% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €74,998 | €110,016 | +€35,018 | +46.7% |
| Amounts receivable within one year | 40/41 | €22,351 | €77,597 | +€55,246 | +247.2% |
| Trade receivables | 40 | €20,198 | €76,146 | +€55,948 | +277.0% |
| Other amounts receivable | 41 | €2,153 | €1,451 | -€701 | -32.6% |
| Cash at bank and in hand | 54/58 | €51,737 | €30,304 | -€21,433 | -41.4% |
| Deferred charges and accrued income | 490/1 | €910 | €2,114 | +€1,204 | +132.2% |
| Total equity and liabilities | 10/49 | €152,575 | €173,152 | +€20,577 | +13.5% |
| Equity | 10/15 | €78,440 | €95,747 | +€17,307 | +22.1% |
| Contributions | 10/11 | €12,200 | €12,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €64,380 | €81,687 | +€17,307 | +26.9% |
| Provisions and deferred taxes | 16 | €14,067 | €15,024 | +€957 | +6.8% |
| Provisions for liabilities and charges | 160/5 | €14,067 | €15,024 | +€957 | +6.8% |
| Other liabilities and charges | 164/5 | €14,067 | €15,024 | +€957 | +6.8% |
| Amounts payable | 17/49 | €60,068 | €62,381 | +€2,313 | +3.8% |
| Amounts payable after more than one year | 17 | €14,579 | €8,796 | -€5,783 | -39.7% |
| Financial debts | 170/4 | €14,579 | €8,796 | -€5,783 | -39.7% |
| Amounts payable within one year | 42/48 | €45,376 | €53,559 | +€8,184 | +18.0% |
| Current portion of amounts payable after more than one year | 42 | €15,219 | €5,305 | -€9,913 | -65.1% |
| Trade debts | 44 | €7,587 | €19,734 | +€12,147 | +160.1% |
| Suppliers | 440/4 | €7,587 | €19,734 | +€12,147 | +160.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €12,538 | €21,280 | +€8,742 | +69.7% |
| Taxes | 450/3 | €5,430 | €13,988 | +€8,558 | +157.6% |
| Remuneration and social security | 454/9 | €7,107 | €7,291 | +€184 | +2.6% |
| Other amounts payable | 47/48 | €10,032 | €7,240 | -€2,792 | -27.8% |
| Accrued charges and deferred income | 492/3 | €114 | €25 | -€88 | -77.8% |
| Remuneration, social security and pensions | 62 | €57,146 | €54,734 | -€2,412 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,232 | €14,692 | -€540 | -3.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €768 | €957 | +€189 | +24.6% |
| Other operating charges | 640/8 | €1,518 | €2,000 | +€482 | +31.8% |
| Gross operating margin | 9900 | €96,691 | €94,947 | -€1,744 | -1.8% |
| Operating profit (loss) | 9901 | €22,027 | €22,564 | +€536 | +2.4% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,398 | €1,004 | -€394 | -28.2% |
| Recurring financial charges | 65 | €1,398 | €1,004 | -€394 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €20,630 | €21,560 | +€930 | +4.5% |
| Income taxes | 67/77 | €4,504 | €4,253 | -€251 | -5.6% |
| Profit (loss) for the period | 9904 | €16,126 | €17,307 | +€1,181 | +7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,126 | €17,307 | +€1,181 | +7.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.