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J.E CONSTRUIT: 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.

What changed

J.E CONSTRUIT

BE 0889.752.888
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€10,464
2023 · €21,923-€11,459
Equity
€138,655
2023 · €128,191+€10,464
Cash
€94,508
2023 · €78,029+€16,479
Balance sheet total
€207,618
2023 · €224,173-€16,555

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€18,743

    down €18,743 (-44.1%), from €42,509 to €23,766

    of which Trade receivables: -€20,558

  • Cash +€16,479

    up €16,479 (+21.1%), from €78,029 to €94,508

    mainly Receivables within one year (+€18,743) and Depreciation (+€17,168)

  • Tangible fixed assets -€14,291

    down €14,291 (-13.8%), from €103,635 to €89,344

    of which Furniture and vehicles: -€7,751

Equity and liabilities
  • Debts after one year -€22,705

    down €22,705 (-47.0%), from €48,284 to €25,579

  • Reserves +€10,464

    up €10,464 (+19.4%), from €53,898 to €64,362

    of which Distributable reserves: +€10,464

  • Tax, wage and social debts -€5,318

    down €5,318 (-22.0%), from €24,136 to €18,819

    of which Remuneration and social security: -€7,179

Income statement
  • Staff costs +€18,901

    up €18,901 (+22.9%), from €82,391 to €101,292

  • Gross operating margin +€7,093

    up €7,093 (+5.2%), from €135,504 to €142,597

  • Other operating charges +€5,252

    up €5,252 (+411.1%), from €1,278 to €6,530

  • Taxes -€4,429

    down €4,429 (-45.6%), from €9,704 to €5,274

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €21,923
Gross operating margin +€7,093
Staff costs -€18,901
Depreciation +€1,125
Other operating charges -€5,252
Financial income -€455
Financial charges +€501
Taxes +€4,429
Result 2024 €10,464

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€41,529
Investment -€2,876
Financing -€22,174
Cash 2023 €78,029
Net result for the year +€10,464
Depreciation +€17,168
Receivables within one year +€18,743
Trade debts +€557
Tax, wage and social debts -€5,318
Smaller working-capital items -€84
Investment in fixed assets (net) -€2,876
Debts after one year -€22,705
Current portion of long-term debt +€531
Cash 2024 €94,508
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €224,173 €207,618 -€16,555 -7.4%
Fixed assets 21/28 €103,635 €89,344 -€14,291 -13.8%
Tangible fixed assets 22/27 €103,635 €89,344 -€14,291 -13.8%
Land and buildings 22 €82,500 €75,000 -€7,500 -9.1%
Plant, machinery and equipment 23 €1,304 €2,264 +€959 +73.6%
Furniture and vehicles 24 €19,831 €12,081 -€7,751 -39.1%
Current assets 29/58 €120,538 €118,274 -€2,264 -1.9%
Amounts receivable within one year 40/41 €42,509 €23,766 -€18,743 -44.1%
Trade receivables 40 €40,761 €20,204 -€20,558 -50.4%
Other amounts receivable 41 €1,747 €3,562 +€1,815 +103.9%
Cash at bank and in hand 54/58 €78,029 €94,508 +€16,479 +21.1%
Total equity and liabilities 10/49 €224,173 €207,618 -€16,555 -7.4%
Equity 10/15 €128,191 €138,655 +€10,464 +8.2%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €53,898 €64,362 +€10,464 +19.4%
Non-distributable reserves 130/1 €1,916 €1,916 = 0.0%
Reserves not available under the articles 1311 €1,916 €1,916 = 0.0%
Distributable reserves 133 €51,982 €62,446 +€10,464 +20.1%
Profit (loss) carried forward 14 €55,693 €55,693 = 0.0%
Amounts payable 17/49 €95,982 €68,963 -€27,019 -28.1%
Amounts payable after more than one year 17 €48,284 €25,579 -€22,705 -47.0%
Financial debts 170/4 €48,284 €25,579 -€22,705 -47.0%
Amounts payable within one year 42/48 €47,648 €43,384 -€4,264 -8.9%
Current portion of amounts payable after more than one year 42 €22,174 €22,705 +€531 +2.4%
Trade debts 44 €454 €1,011 +€557 +122.7%
Suppliers 440/4 €454 €1,011 +€557 +122.7%
Taxes, remuneration and social security 45 €24,136 €18,819 -€5,318 -22.0%
Taxes 450/3 €15,958 €17,819 +€1,861 +11.7%
Remuneration and social security 454/9 €8,179 €1,000 -€7,179 -87.8%
Other amounts payable 47/48 €884 €850 -€34 -3.9%
Accrued charges and deferred income 492/3 €50 - -€50
Remuneration, social security and pensions 62 €82,391 €101,292 +€18,901 +22.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €18,292 €17,168 -€1,125 -6.1%
Other operating charges 640/8 €1,278 €6,530 +€5,252 +411.1%
Gross operating margin 9900 €135,504 €142,597 +€7,093 +5.2%
Operating profit (loss) 9901 €33,543 €17,608 -€15,935 -47.5%
Financial income 75/76B €455 €0 -€455 -100.0%
Recurring financial income 75 €455 €0 -€455 -100.0%
Financial charges 65/66B €2,371 €1,870 -€501 -21.1%
Recurring financial charges 65 €2,371 €1,870 -€501 -21.1%
Profit (loss) for the period before taxes 9903 €31,627 €15,738 -€15,889 -50.2%
Income taxes 67/77 €9,704 €5,274 -€4,429 -45.6%
Profit (loss) for the period 9904 €21,923 €10,464 -€11,459 -52.3%
Profit (loss) for the period to be appropriated 9905 €21,923 €10,464 -€11,459 -52.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.