FJ 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.
FJ CONSTRUCTION
Largest movements
- Tangible fixed assets -€5,151
down €5,151 (-33.1%), from €15,557 to €10,406
of which Furniture and vehicles: -€5,326
- Cash +€4,194
up €4,194 (+19.4%), from €21,613 to €25,807
mainly Net result for the year (+€10,085) and Depreciation (+€7,151)
- Receivables within one year +€1,078
up €1,078 (+64.8%), from €1,664 to €2,742
of which Trade receivables: +€2,054
- Reserves +€10,000
up €10,000 (+67.6%), from €14,800 to €24,800
- Debts after one year -€5,242
down €5,242 (-62.7%), from €8,362 to €3,120
- Other debts -€3,231
down €3,231 (-92.1%), from €3,508 to €276
- Tax, wage and social debts -€1,153
down €1,153 (-35.5%), from €3,247 to €2,094
of which Remuneration and social security: -€1,840
- Trade debts -€556
down €556 (-39.8%), from €1,397 to €842
- Gross operating margin +€3,068
up €3,068 (+16.1%), from €19,091 to €22,159
- Depreciation +€800
up €800 (+12.6%), from €6,351 to €7,151
- Taxes +€687
up €687 (+18.3%), from €3,747 to €4,434
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 | €39,060 | €39,096 | +€36 | +0.1% |
| Fixed assets | 21/28 | €15,557 | €10,406 | -€5,151 | -33.1% |
| Tangible fixed assets | 22/27 | €15,557 | €10,406 | -€5,151 | -33.1% |
| Plant, machinery and equipment | 23 | €2,462 | €2,637 | +€175 | +7.1% |
| Furniture and vehicles | 24 | €13,095 | €7,769 | -€5,326 | -40.7% |
| Current assets | 29/58 | €23,503 | €28,690 | +€5,186 | +22.1% |
| Amounts receivable within one year | 40/41 | €1,664 | €2,742 | +€1,078 | +64.8% |
| Trade receivables | 40 | - | €2,054 | +€2,054 | |
| Other amounts receivable | 41 | €1,664 | €688 | -€976 | -58.6% |
| Cash at bank and in hand | 54/58 | €21,613 | €25,807 | +€4,194 | +19.4% |
| Deferred charges and accrued income | 490/1 | €226 | €140 | -€86 | -38.1% |
| Total equity and liabilities | 10/49 | €39,060 | €39,096 | +€36 | +0.1% |
| Equity | 10/15 | €17,437 | €27,522 | +€10,085 | +57.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €14,800 | €24,800 | +€10,000 | +67.6% |
| Distributable reserves | 133 | €14,800 | €24,800 | +€10,000 | +67.6% |
| Profit (loss) carried forward | 14 | €137 | €222 | +€85 | +61.7% |
| Amounts payable | 17/49 | €21,623 | €11,574 | -€10,049 | -46.5% |
| Amounts payable after more than one year | 17 | €8,362 | €3,120 | -€5,242 | -62.7% |
| Financial debts | 170/4 | €8,362 | €3,120 | -€5,242 | -62.7% |
| Amounts payable within one year | 42/48 | €13,261 | €8,454 | -€4,807 | -36.3% |
| Current portion of amounts payable after more than one year | 42 | €5,109 | €5,242 | +€132 | +2.6% |
| Trade debts | 44 | €1,397 | €842 | -€556 | -39.8% |
| Suppliers | 440/4 | €1,397 | €842 | -€556 | -39.8% |
| Taxes, remuneration and social security | 45 | €3,247 | €2,094 | -€1,153 | -35.5% |
| Taxes | 450/3 | €1,247 | €1,934 | +€687 | +55.1% |
| Remuneration and social security | 454/9 | €2,000 | €160 | -€1,840 | -92.0% |
| Other amounts payable | 47/48 | €3,508 | €276 | -€3,231 | -92.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,351 | €7,151 | +€800 | +12.6% |
| Other operating charges | 640/8 | €149 | €149 | -€1 | -0.4% |
| Gross operating margin | 9900 | €19,091 | €22,159 | +€3,068 | +16.1% |
| Operating profit (loss) | 9901 | €12,592 | €14,860 | +€2,268 | +18.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -50.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -50.0% |
| Financial charges | 65/66B | €470 | €341 | -€129 | -27.4% |
| Recurring financial charges | 65 | €470 | €341 | -€129 | -27.4% |
| Profit (loss) for the period before taxes | 9903 | €12,121 | €14,519 | +€2,397 | +19.8% |
| Income taxes | 67/77 | €3,747 | €4,434 | +€687 | +18.3% |
| Profit (loss) for the period | 9904 | €8,375 | €10,085 | +€1,710 | +20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,375 | €10,085 | +€1,710 | +20.4% |
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 4 October 2026 via checked.be.