J&D 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 CONSTRUCT
Largest movements
- Receivables within one year +€47,313
up €47,313 (+320%), from €14,782 to €62,094
of which Trade receivables: +€40,687
- Tangible fixed assets -€15,279
down €15,279 (-31.2%), from €49,040 to €33,761
of which Furniture and vehicles: -€15,808
- Stocks and contracts -€12,550
down €12,550 (-79.5%), from €15,795 to €3,245
- Cash +€7,260
up €7,260 (+136%), from €5,347 to €12,608
mainly Net result for the year (+€21,369) and Depreciation (+€15,279)
- Deferred charges and accrued income -€2,164
down €2,164 (-39.9%), from €5,421 to €3,256
- Reserves +€20,900
up €20,900 (+195%), from €10,722 to €31,622
of which Distributable reserves: +€20,900
- Debts after one year -€12,889
down €12,889 (-53.5%), from €24,094 to €11,205
- Tax, wage and social debts +€9,733
up €9,733 (+1,704%), from €571 to €10,304
of which Taxes: +€6,983
- Current portion of long-term debt +€7,124
new in 2025: €7,124
- Trade debts -€1,457
down €1,457 (-15.5%), from €9,401 to €7,943
- Gross operating margin +€25,268
up €25,268 (+94.7%), from €26,678 to €51,946
- Taxes +€5,544
up €5,544 (+161%), from €3,437 to €8,981
- Write-downs +€3,404
new in 2025: €3,404
- Depreciation -€2,577
down €2,577 (-14.4%), from €17,856 to €15,279
- Financial charges +€1,094
up €1,094 (+530%), from €207 to €1,301
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 | €90,385 | €114,965 | +€24,580 | +27.2% |
| Fixed assets | 21/28 | €49,040 | €33,761 | -€15,279 | -31.2% |
| Tangible fixed assets | 22/27 | €49,040 | €33,761 | -€15,279 | -31.2% |
| Plant, machinery and equipment | 23 | €1,266 | €1,795 | +€529 | +41.8% |
| Furniture and vehicles | 24 | €47,774 | €31,967 | -€15,808 | -33.1% |
| Current assets | 29/58 | €41,345 | €81,203 | +€39,859 | +96.4% |
| Stocks and contracts in progress | 3 | €15,795 | €3,245 | -€12,550 | -79.5% |
| Contracts in progress | 37 | €15,795 | €3,245 | -€12,550 | -79.5% |
| Amounts receivable within one year | 40/41 | €14,782 | €62,094 | +€47,313 | +320% |
| Trade receivables | 40 | €8,258 | €48,946 | +€40,687 | +493% |
| Other amounts receivable | 41 | €6,523 | €13,149 | +€6,625 | +102% |
| Cash at bank and in hand | 54/58 | €5,347 | €12,608 | +€7,260 | +136% |
| Deferred charges and accrued income | 490/1 | €5,421 | €3,256 | -€2,164 | -39.9% |
| Total equity and liabilities | 10/49 | €90,385 | €114,965 | +€24,580 | +27.2% |
| Equity | 10/15 | €56,319 | €77,689 | +€21,369 | +37.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,722 | €31,622 | +€20,900 | +195% |
| Non-distributable reserves | 130/1 | €988 | €988 | = | 0.0% |
| Reserves not available under the articles | 1311 | €988 | €988 | = | 0.0% |
| Distributable reserves | 133 | €9,734 | €30,634 | +€20,900 | +215% |
| Profit (loss) carried forward | 14 | €26,997 | €27,467 | +€469 | +1.7% |
| Amounts payable | 17/49 | €34,066 | €37,276 | +€3,210 | +9.4% |
| Amounts payable after more than one year | 17 | €24,094 | €11,205 | -€12,889 | -53.5% |
| Financial debts | 170/4 | €24,094 | €11,205 | -€12,889 | -53.5% |
| Amounts payable within one year | 42/48 | €9,972 | €25,371 | +€15,399 | +154% |
| Current portion of amounts payable after more than one year | 42 | - | €7,124 | +€7,124 | |
| Trade debts | 44 | €9,401 | €7,943 | -€1,457 | -15.5% |
| Suppliers | 440/4 | €9,401 | €7,943 | -€1,457 | -15.5% |
| Taxes, remuneration and social security | 45 | €571 | €10,304 | +€9,733 | +1,704% |
| Taxes | 450/3 | €571 | €7,554 | +€6,983 | +1,223% |
| Remuneration and social security | 454/9 | - | €2,750 | +€2,750 | |
| Accrued charges and deferred income | 492/3 | - | €700 | +€700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,856 | €15,279 | -€2,577 | -14.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,404 | +€3,404 | |
| Other operating charges | 640/8 | €2,269 | €1,634 | -€635 | -28.0% |
| Gross operating margin | 9900 | €26,678 | €51,946 | +€25,268 | +94.7% |
| Operating profit (loss) | 9901 | €6,552 | €31,629 | +€25,077 | +383% |
| Financial income | 75/76B | €283 | €22 | -€261 | -92.2% |
| Recurring financial income | 75 | €283 | €22 | -€261 | -92.2% |
| Financial charges | 65/66B | €207 | €1,301 | +€1,094 | +530% |
| Recurring financial charges | 65 | €207 | €1,301 | +€1,094 | +530% |
| Profit (loss) for the period before taxes | 9903 | €6,629 | €30,350 | +€23,722 | +358% |
| Income taxes | 67/77 | €3,437 | €8,981 | +€5,544 | +161% |
| Profit (loss) for the period | 9904 | €3,192 | €21,369 | +€18,178 | +570% |
| Profit (loss) for the period to be appropriated | 9905 | €3,192 | €21,369 | +€18,178 | +570% |
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 26 October 2026 via checked.be.