J.A.M. 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.
J.A.M. CONSTRUCT
Largest movements
- Tangible fixed assets +€25,606
up €25,606 (+4698.1%), from €545 to €26,152
of which Furniture and vehicles: +€25,155
- Receivables within one year +€7,435
up €7,435 (+15.8%), from €47,134 to €54,568
of which Trade receivables: +€7,524
- Cash +€1,701
up €1,701 (+31.0%), from €5,483 to €7,183
mainly Debts after one year (+€17,905) and Net result for the year (+€10,196)
- Deferred charges and accrued income -€964
down €964 (-92.8%), from €1,038 to €74
- Debts after one year +€17,905
new in 2025: €17,905
- Profit (loss) carried forward +€10,196
up €10,196 (+113.3%), from €8,996 to €19,192
- Current portion of long-term debt +€4,270
new in 2025: €4,270
- Tax, wage and social debts +€1,437
up €1,437 (+85.8%), from €1,674 to €3,111
- Gross operating margin +€16,208
up €16,208 (+993.2%), from €1,632 to €17,840
- Depreciation +€3,043
up €3,043 (+1198.2%), from €254 to €3,297
- Taxes +€1,794
new in 2025: €1,794
- Other operating charges +€923
up €923 (+107.5%), from €858 to €1,781
- Financial charges +€519
up €519 (+189.1%), from €274 to €793
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 | €54,200 | €87,977 | +€33,778 | +62.3% |
| Fixed assets | 21/28 | €545 | €26,152 | +€25,606 | +4698.1% |
| Tangible fixed assets | 22/27 | €545 | €26,152 | +€25,606 | +4698.1% |
| Plant, machinery and equipment | 23 | €545 | €997 | +€452 | +82.9% |
| Furniture and vehicles | 24 | - | €25,155 | +€25,155 | |
| Current assets | 29/58 | €53,655 | €61,826 | +€8,171 | +15.2% |
| Amounts receivable within one year | 40/41 | €47,134 | €54,568 | +€7,435 | +15.8% |
| Trade receivables | 40 | €46,231 | €53,755 | +€7,524 | +16.3% |
| Other amounts receivable | 41 | €902 | €813 | -€89 | -9.8% |
| Cash at bank and in hand | 54/58 | €5,483 | €7,183 | +€1,701 | +31.0% |
| Deferred charges and accrued income | 490/1 | €1,038 | €74 | -€964 | -92.8% |
| Total equity and liabilities | 10/49 | €54,200 | €87,977 | +€33,778 | +62.3% |
| Equity | 10/15 | €17,056 | €27,252 | +€10,196 | +59.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,996 | €19,192 | +€10,196 | +113.3% |
| Amounts payable | 17/49 | €37,144 | €60,725 | +€23,582 | +63.5% |
| Amounts payable after more than one year | 17 | - | €17,905 | +€17,905 | |
| Financial debts | 170/4 | - | €17,905 | +€17,905 | |
| Amounts payable within one year | 42/48 | €37,144 | €42,821 | +€5,677 | +15.3% |
| Current portion of amounts payable after more than one year | 42 | - | €4,270 | +€4,270 | |
| Trade debts | 44 | €35,469 | €35,439 | -€30 | -0.1% |
| Suppliers | 440/4 | €35,469 | €35,439 | -€30 | -0.1% |
| Taxes, remuneration and social security | 45 | €1,674 | €3,111 | +€1,437 | +85.8% |
| Taxes | 450/3 | €1,674 | €3,111 | +€1,437 | +85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254 | €3,297 | +€3,043 | +1198.2% |
| Other operating charges | 640/8 | €858 | €1,781 | +€923 | +107.5% |
| Gross operating margin | 9900 | €1,632 | €17,840 | +€16,208 | +993.2% |
| Operating profit (loss) | 9901 | €520 | €12,763 | +€12,243 | +2355.3% |
| Financial income | 75/76B | €231 | €20 | -€211 | -91.1% |
| Recurring financial income | 75 | €231 | €20 | -€211 | -91.1% |
| Financial charges | 65/66B | €274 | €793 | +€519 | +189.1% |
| Recurring financial charges | 65 | €274 | €793 | +€519 | +189.1% |
| Profit (loss) for the period before taxes | 9903 | €477 | €11,990 | +€11,514 | +2416.0% |
| Income taxes | 67/77 | - | €1,794 | +€1,794 | |
| Profit (loss) for the period | 9904 | €477 | €10,196 | +€9,720 | +2039.6% |
| Profit (loss) for the period to be appropriated | 9905 | €477 | €10,196 | +€9,720 | +2039.6% |
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 2 October 2026 via checked.be.