J.D.B. CONSTRUCT: 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.
J.D.B. CONSTRUCT
Largest movements
- Cash +€58,232
up €58,232 (+74.2%), from €78,466 to €136,698
mainly Depreciation (+€65,845) and Net result for the year (+€42,458)
- Tangible fixed assets -€49,946
down €49,946 (-16.9%), from €294,683 to €244,737
of which Plant, machinery and equipment: -€35,921
- Stocks and contracts -€29,948
down €29,948 (-46.5%), from €64,463 to €34,515
- Reserves +€42,458
up €42,458 (+23.5%), from €180,634 to €223,092
- Current portion of long-term debt -€38,523
down €38,523 (-75.5%), from €51,042 to €12,519
- Other debts -€13,281
down €13,281 (-33.8%), from €39,345 to €26,064
- Trade debts -€12,804
down €12,804 (-30.1%), from €42,578 to €29,775
- Debts after one year -€12,519
down €12,519 (-18.2%), from €68,668 to €56,149
- Gross operating margin +€28,304
up €28,304 (+26.7%), from €105,933 to €134,237
- Taxes +€10,059
up €10,059 (+136%), from €7,383 to €17,442
- Depreciation -€6,718
down €6,718 (-9.3%), from €72,563 to €65,845
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.
Derived cash bridge
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 | €511,512 | €486,193 | -€25,320 | -4.9% |
| Fixed assets | 21/28 | €294,933 | €244,987 | -€49,946 | -16.9% |
| Tangible fixed assets | 22/27 | €294,683 | €244,737 | -€49,946 | -16.9% |
| Land and buildings | 22 | €202,577 | €188,266 | -€14,311 | -7.1% |
| Plant, machinery and equipment | 23 | €87,822 | €51,901 | -€35,921 | -40.9% |
| Furniture and vehicles | 24 | €4,284 | €4,570 | +€286 | +6.7% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €216,579 | €241,205 | +€24,626 | +11.4% |
| Stocks and contracts in progress | 3 | €64,463 | €34,515 | -€29,948 | -46.5% |
| Stocks | 30/36 | €64,463 | €34,515 | -€29,948 | -46.5% |
| Amounts receivable within one year | 40/41 | €67,870 | €64,566 | -€3,304 | -4.9% |
| Trade receivables | 40 | €63,894 | €61,945 | -€1,949 | -3.1% |
| Other amounts receivable | 41 | €3,977 | €2,622 | -€1,355 | -34.1% |
| Cash at bank and in hand | 54/58 | €78,466 | €136,698 | +€58,232 | +74.2% |
| Deferred charges and accrued income | 490/1 | €5,780 | €5,426 | -€354 | -6.1% |
| Total equity and liabilities | 10/49 | €511,512 | €486,193 | -€25,320 | -4.9% |
| Equity | 10/15 | €199,184 | €241,642 | +€42,458 | +21.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €180,634 | €223,092 | +€42,458 | +23.5% |
| Distributable reserves | 133 | €180,634 | €223,092 | +€42,458 | +23.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €73,654 | €73,654 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €73,654 | €73,654 | = | 0.0% |
| Pensions and similar obligations | 160 | €73,654 | €73,654 | = | 0.0% |
| Amounts payable | 17/49 | €238,674 | €170,896 | -€67,777 | -28.4% |
| Amounts payable after more than one year | 17 | €68,668 | €56,149 | -€12,519 | -18.2% |
| Financial debts | 170/4 | €68,668 | €56,149 | -€12,519 | -18.2% |
| Amounts payable within one year | 42/48 | €167,886 | €112,736 | -€55,150 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | €51,042 | €12,519 | -€38,523 | -75.5% |
| Trade debts | 44 | €42,578 | €29,775 | -€12,804 | -30.1% |
| Suppliers | 440/4 | €42,578 | €29,775 | -€12,804 | -30.1% |
| Taxes, remuneration and social security | 45 | €34,921 | €44,378 | +€9,457 | +27.1% |
| Taxes | 450/3 | €25,122 | €39,133 | +€14,011 | +55.8% |
| Remuneration and social security | 454/9 | €9,799 | €5,246 | -€4,554 | -46.5% |
| Other amounts payable | 47/48 | €39,345 | €26,064 | -€13,281 | -33.8% |
| Accrued charges and deferred income | 492/3 | €2,120 | €2,012 | -€108 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,563 | €65,845 | -€6,718 | -9.3% |
| Other operating charges | 640/8 | €6,309 | €6,571 | +€262 | +4.1% |
| Gross operating margin | 9900 | €105,933 | €134,237 | +€28,304 | +26.7% |
| Operating profit (loss) | 9901 | €27,061 | €61,821 | +€34,760 | +128% |
| Financial income | 75/76B | €2,339 | €1,924 | -€416 | -17.8% |
| Recurring financial income | 75 | €2,339 | €1,924 | -€416 | -17.8% |
| Financial charges | 65/66B | €5,096 | €3,844 | -€1,252 | -24.6% |
| Recurring financial charges | 65 | €5,096 | €3,844 | -€1,252 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €24,304 | €59,900 | +€35,596 | +146% |
| Income taxes | 67/77 | €7,383 | €17,442 | +€10,059 | +136% |
| Profit (loss) for the period | 9904 | €16,921 | €42,458 | +€25,537 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €16,921 | €42,458 | +€25,537 | +151% |
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 17 October 2026 via checked.be.