J.F.P. - PROJECTS: what changed
What changed
J.F.P. - PROJECTS
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€103
2024 · €3,237-€3,134
Equity
€331,405
2024 · €331,302+€103
Cash
€122
2024 · -+€122
Balance sheet total
€476,770
2024 · €495,111-€18,341
Largest movements
Assets
- Receivables within one year -€20,777
down €20,777 (-50.0%), from €41,594 to €20,817
of which Other amounts receivable: -€19,694
Equity and liabilities
- Other debts -€17,466
down €17,466 (-43.5%), from €40,136 to €22,670
Income statement
- Taxes +€17,581
up €17,581 (+1,059%), from €1,660 to €19,241
- Gross operating margin +€15,192
up €15,192 (+145%), from €10,510 to €25,702
- Depreciation +€397
up €397 (+29.8%), from €1,332 to €1,729
- Other operating charges +€305
up €305 (+10.6%), from €2,867 to €3,172
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,237
Gross operating margin
+€15,192
Depreciation
-€397
Other operating charges
-€305
Financial income
+€0
Financial charges
-€43
Taxes
-€17,581
Result 2025
€103
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,321
Investment
-€0
Financing
-€4,199
Cash 2024
€0
From operations (derived)
+€4,321
Net result for the year
+€103
Depreciation
+€1,729
Stocks and contracts
-€4,042
Receivables within one year
+€20,777
Trade debts
+€3,221
Tax, wage and social debts
-€0
Other debts
-€17,466
Investment (derived)
-€0
Investment in fixed assets (net)
-€0
Financing
-€4,199
Debts after one year
-€0
Current portion of long-term debt
-€4,199
Contributions, distributions and other
-€0
Cash 2025
€122
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €495,111 | €476,770 | -€18,341 | -3.7% |
| Fixed assets | 21/28 | €103,517 | €101,788 | -€1,729 | -1.7% |
| Tangible fixed assets | 22/27 | €103,517 | €101,788 | -€1,729 | -1.7% |
| Land and buildings | 22 | €5,515 | €5,263 | -€252 | -4.6% |
| Furniture and vehicles | 24 | €98,002 | €96,525 | -€1,477 | -1.5% |
| Current assets | 29/58 | €391,594 | €374,982 | -€16,612 | -4.2% |
| Stocks and contracts in progress | 3 | - | €4,042 | +€4,042 | |
| Contracts in progress | 37 | - | €4,042 | +€4,042 | |
| Amounts receivable within one year | 40/41 | €41,594 | €20,817 | -€20,777 | -50.0% |
| Trade receivables | 40 | €19,650 | €18,567 | -€1,083 | -5.5% |
| Other amounts receivable | 41 | €21,944 | €2,250 | -€19,694 | -89.7% |
| Current investments | 50/53 | €350,000 | €350,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €122 | +€122 | |
| Total equity and liabilities | 10/49 | €495,111 | €476,770 | -€18,341 | -3.7% |
| Equity | 10/15 | €331,302 | €331,405 | +€103 | 0.0% |
| Contributions | 10/11 | €62,100 | €62,100 | = | 0.0% |
| Capital | 10 | €62,100 | - | -€62,100 | |
| Issued capital | 100 | €62,100 | - | -€62,100 | |
| Reserves | 13 | €79,254 | €79,254 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €6,210 | €6,210 | = | 0.0% |
| Legal reserve | 130 | €6,210 | - | -€6,210 | |
| Reserves not available under the articles | 1311 | - | €6,210 | +€6,210 | |
| Distributable reserves | 133 | €73,044 | €73,044 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €189,948 | €190,051 | +€103 | +0.1% |
| Provisions and deferred taxes | 16 | €75,000 | €75,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €75,000 | €75,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €75,000 | €75,000 | = | 0.0% |
| Amounts payable | 17/49 | €88,809 | €70,365 | -€18,444 | -20.8% |
| Amounts payable after more than one year | 17 | €21,172 | €21,172 | -€0 | 0.0% |
| Financial debts | 170/4 | €21,172 | €21,172 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €67,637 | €49,193 | -€18,444 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €7,125 | €2,926 | -€4,199 | -58.9% |
| Trade debts | 44 | €12,258 | €15,479 | +€3,221 | +26.3% |
| Suppliers | 440/4 | €12,258 | €15,479 | +€3,221 | +26.3% |
| Taxes, remuneration and social security | 45 | €8,118 | €8,118 | -€0 | 0.0% |
| Taxes | 450/3 | €8,118 | €8,118 | -€0 | 0.0% |
| Other amounts payable | 47/48 | €40,136 | €22,670 | -€17,466 | -43.5% |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,332 | €1,729 | +€397 | +29.8% |
| Other operating charges | 640/8 | €2,867 | €3,172 | +€305 | +10.6% |
| Gross operating margin | 9900 | €10,510 | €25,702 | +€15,192 | +145% |
| Operating profit (loss) | 9901 | €6,311 | €20,801 | +€14,490 | +230% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,414 | €1,457 | +€43 | +3.1% |
| Recurring financial charges | 65 | €1,414 | €1,457 | +€43 | +3.1% |
| Profit (loss) for the period before taxes | 9903 | €4,897 | €19,344 | +€14,447 | +295% |
| Income taxes | 67/77 | €1,660 | €19,241 | +€17,581 | +1,059% |
| Profit (loss) for the period | 9904 | €3,237 | €103 | -€3,134 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,237 | €103 | -€3,134 | -96.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.