GJ Construct: 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.
GJ Construct
Largest movements
- Receivables within one year +€17,987
up €17,987 (+53.0%), from €33,922 to €51,909
of which Trade receivables: +€18,283
- Cash +€4,620
new in 2025: €4,620
mainly Net result for the year (+€33,145) and Trade debts (+€16,143)
- Tangible fixed assets +€4,038
up €4,038 (+959.5%), from €421 to €4,459
of which Furniture and vehicles: +€4,408
- Deferred charges and accrued income +€3,986
new in 2025: €3,986
- Profit (loss) carried forward +€33,145
up €33,145 (+61.2%), from -€54,200 to -€21,055
- Trade debts +€16,143
up €16,143 (+106.9%), from €15,104 to €31,247
- Other debts -€15,836
down €15,836 (-49.3%), from €32,139 to €16,304
- Short-term financial debts -€6,638
no longer reported in 2025 (was €6,638)
- Tax, wage and social debts +€3,818
new in 2025: €3,818
- Gross operating margin +€49,105
up €49,105, from -€13,223 to €35,881
- Other operating charges +€561
up €561 (+157.5%), from €356 to €917
- Financial charges -€375
down €375 (-27.3%), from €1,375 to €1,000
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 | €34,343 | €64,974 | +€30,631 | +89.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €421 | €4,459 | +€4,038 | +959.5% |
| Tangible fixed assets | 22/27 | €421 | €4,459 | +€4,038 | +959.5% |
| Plant, machinery and equipment | 23 | €421 | €51 | -€370 | -88.0% |
| Furniture and vehicles | 24 | €0 | €4,408 | +€4,408 | |
| Current assets | 29/58 | €33,922 | €60,515 | +€26,593 | +78.4% |
| Amounts receivable within one year | 40/41 | €33,922 | €51,909 | +€17,987 | +53.0% |
| Trade receivables | 40 | €33,626 | €51,909 | +€18,283 | +54.4% |
| Other amounts receivable | 41 | €296 | - | -€296 | |
| Cash at bank and in hand | 54/58 | - | €4,620 | +€4,620 | |
| Deferred charges and accrued income | 490/1 | - | €3,986 | +€3,986 | |
| Total equity and liabilities | 10/49 | €34,343 | €64,974 | +€30,631 | +89.2% |
| Equity | 10/15 | -€19,538 | €13,606 | +€33,145 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,062 | €16,062 | = | 0.0% |
| Distributable reserves | 133 | €16,062 | €16,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,200 | -€21,055 | +€33,145 | +61.2% |
| Amounts payable | 17/49 | €53,882 | €51,368 | -€2,514 | -4.7% |
| Amounts payable within one year | 42/48 | €53,882 | €51,368 | -€2,514 | -4.7% |
| Financial debts | 43 | €6,638 | - | -€6,638 | |
| Credit institutions | 430/8 | €6,638 | - | -€6,638 | |
| Trade debts | 44 | €15,104 | €31,247 | +€16,143 | +106.9% |
| Suppliers | 440/4 | €15,104 | €31,247 | +€16,143 | +106.9% |
| Taxes, remuneration and social security | 45 | - | €3,818 | +€3,818 | |
| Taxes | 450/3 | - | €3,818 | +€3,818 | |
| Other amounts payable | 47/48 | €32,139 | €16,304 | -€15,836 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €796 | €820 | +€24 | +3.0% |
| Other operating charges | 640/8 | €356 | €917 | +€561 | +157.5% |
| Gross operating margin | 9900 | -€13,223 | €35,881 | +€49,105 | |
| Operating profit (loss) | 9901 | -€14,376 | €34,145 | +€48,520 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,375 | €1,000 | -€375 | -27.3% |
| Recurring financial charges | 65 | €1,375 | €1,000 | -€375 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,751 | €33,145 | +€48,895 | |
| Income taxes | 67/77 | €32 | - | -€32 | |
| Profit (loss) for the period | 9904 | -€15,782 | €33,145 | +€48,927 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,782 | €33,145 | +€48,927 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.