J&J 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&J Construct
Largest movements
- Stocks and contracts -€1.4m
down €1.4m (-97.7%), from €1.4m to €32,500
- Cash +€496,349
up €496,349, from €0 to €496,349
mainly Stocks and contracts (+€1.4m) and Other debts (+€221,974)
- Receivables within one year -€18,047
down €18,047 (-40.5%), from €44,588 to €26,541
of which Other amounts receivable: -€41,772
- Short-term financial debts -€1.1m
down €1.1m (-100.0%), from €1.1m to €0
- Advances received -€276,802
down €276,802 (-100.0%), from €276,802 to €0
- Other debts +€221,974
up €221,974, from €0 to €221,974
- Reserves +€126,546
new in 2025: €126,546
- Profit (loss) carried forward +€79,725
up €79,725, from -€79,725 to €0
- Gross operating margin +€313,424
up €313,424, from -€4,720 to €308,704
- Taxes +€71,712
new in 2025: €71,712
- Financial charges -€24,128
down €24,128 (-44.3%), from €54,405 to €30,277
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 | €1,478,621 | €555,390 | -€923,231 | -62.4% |
| Current assets | 29/58 | €1,478,621 | €555,390 | -€923,231 | -62.4% |
| Stocks and contracts in progress | 3 | €1,434,033 | €32,500 | -€1.4m | -97.7% |
| Stocks | 30/36 | €1,434,033 | €32,500 | -€1.4m | -97.7% |
| Amounts receivable within one year | 40/41 | €44,588 | €26,541 | -€18,047 | -40.5% |
| Trade receivables | 40 | €2,816 | €26,541 | +€23,725 | +842.4% |
| Other amounts receivable | 41 | €41,772 | €0 | -€41,772 | -100.0% |
| Cash at bank and in hand | 54/58 | €0 | €496,349 | +€496,349 | |
| Total equity and liabilities | 10/49 | €1,478,621 | €555,390 | -€923,231 | -62.4% |
| Equity | 10/15 | -€74,725 | €131,546 | +€206,271 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €126,546 | +€126,546 | |
| Distributable reserves | 133 | - | €126,546 | +€126,546 | |
| Profit (loss) carried forward | 14 | -€79,725 | €0 | +€79,725 | |
| Amounts payable | 17/49 | €1,553,346 | €423,844 | -€1.1m | -72.7% |
| Amounts payable after more than one year | 17 | €154,358 | €156,637 | +€2,279 | +1.5% |
| Other amounts payable | 178/9 | €154,358 | €156,637 | +€2,279 | +1.5% |
| Amounts payable within one year | 42/48 | €1,398,988 | €267,207 | -€1.1m | -80.9% |
| Financial debts | 43 | €1,076,593 | €0 | -€1.1m | -100.0% |
| Credit institutions | 430/8 | €1,076,593 | €0 | -€1.1m | -100.0% |
| Trade debts | 44 | €41,844 | €278 | -€41,566 | -99.3% |
| Suppliers | 440/4 | €41,844 | €278 | -€41,566 | -99.3% |
| Advances received on contracts in progress | 46 | €276,802 | €0 | -€276,802 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,749 | €44,954 | +€41,205 | +1099.0% |
| Taxes | 450/3 | €3,749 | €44,954 | +€41,205 | +1099.0% |
| Other amounts payable | 47/48 | €0 | €221,974 | +€221,974 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Other operating charges | 640/8 | €46 | €444 | +€398 | +864.6% |
| Gross operating margin | 9900 | -€4,720 | €308,704 | +€313,424 | |
| Operating profit (loss) | 9901 | -€4,766 | €308,260 | +€313,026 | |
| Financial income | 75/76B | €67 | €0 | -€67 | -100.0% |
| Recurring financial income | 75 | €67 | €0 | -€67 | -100.0% |
| Financial charges | 65/66B | €54,405 | €30,277 | -€24,128 | -44.3% |
| Recurring financial charges | 65 | €54,405 | €30,277 | -€24,128 | -44.3% |
| Profit (loss) for the period before taxes | 9903 | -€59,104 | €277,983 | +€337,087 | |
| Income taxes | 67/77 | - | €71,712 | +€71,712 | |
| Profit (loss) for the period | 9904 | -€59,104 | €206,271 | +€265,375 | |
| Profit (loss) for the period to be appropriated | 9905 | -€59,104 | €206,271 | +€265,375 |
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 6 October 2026 via checked.be.