J.O. 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.O. CONSTRUCT
Largest movements
- Cash +€4,422
up €4,422 (+94.2%), from €4,694 to €9,116
mainly Net result for the year (+€10,598) and Tax, wage and social debts (+€9,586)
- Tangible fixed assets -€968
down €968 (-13.6%), from €7,118 to €6,150
of which Other tangible fixed assets: -€649
- Deferred charges and accrued income +€956
up €956 (+11.6%), from €8,213 to €9,170
- Receivables within one year +€666
up €666 (+2.6%), from €25,461 to €26,126
of which Trade receivables: +€666
- Trade debts -€11,554
down €11,554 (-52.3%), from €22,107 to €10,552
- Profit (loss) carried forward +€10,598
up €10,598 (+17.8%), from -€59,581 to -€48,983
- Tax, wage and social debts +€9,586
up €9,586 (+160.2%), from €5,984 to €15,570
- Other debts -€2,340
down €2,340 (-4.2%), from €55,541 to €53,201
- Provisions -€1,213
down €1,213 (-42.8%), from €2,836 to €1,623
- Gross operating margin -€19,883
down €19,883 (-44.6%), from €44,541 to €24,658
- Purchases and services +€12,535
up €12,535 (+14.5%), from €86,337 to €98,872
- Taxes +€8,588
up €8,588 (+337.3%), from €2,546 to €11,134
- Turnover -€7,347
down €7,347 (-5.6%), from €130,878 to €123,530
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 | €45,486 | €50,563 | +€5,076 | +11.2% |
| Fixed assets | 21/28 | €7,118 | €6,150 | -€968 | -13.6% |
| Tangible fixed assets | 22/27 | €7,118 | €6,150 | -€968 | -13.6% |
| Furniture and vehicles | 24 | €689 | €370 | -€319 | -46.3% |
| Other tangible fixed assets | 26 | €6,430 | €5,781 | -€649 | -10.1% |
| Current assets | 29/58 | €38,368 | €44,413 | +€6,044 | +15.8% |
| Amounts receivable within one year | 40/41 | €25,461 | €26,126 | +€666 | +2.6% |
| Trade receivables | 40 | €12,232 | €12,897 | +€666 | +5.4% |
| Other amounts receivable | 41 | €13,229 | €13,229 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,694 | €9,116 | +€4,422 | +94.2% |
| Deferred charges and accrued income | 490/1 | €8,213 | €9,170 | +€956 | +11.6% |
| Total equity and liabilities | 10/49 | €45,486 | €50,563 | +€5,076 | +11.2% |
| Equity | 10/15 | -€40,981 | -€30,383 | +€10,598 | +25.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,581 | -€48,983 | +€10,598 | +17.8% |
| Provisions and deferred taxes | 16 | €2,836 | €1,623 | -€1,213 | -42.8% |
| Provisions for liabilities and charges | 160/5 | €2,836 | €1,623 | -€1,213 | -42.8% |
| Other liabilities and charges | 164/5 | €2,836 | €1,623 | -€1,213 | -42.8% |
| Amounts payable | 17/49 | €83,631 | €79,323 | -€4,308 | -5.2% |
| Amounts payable within one year | 42/48 | €83,631 | €79,323 | -€4,308 | -5.2% |
| Trade debts | 44 | €22,107 | €10,552 | -€11,554 | -52.3% |
| Suppliers | 440/4 | €22,107 | €10,552 | -€11,554 | -52.3% |
| Taxes, remuneration and social security | 45 | €5,984 | €15,570 | +€9,586 | +160.2% |
| Taxes | 450/3 | €5,984 | €15,570 | +€9,586 | +160.2% |
| Other amounts payable | 47/48 | €55,541 | €53,201 | -€2,340 | -4.2% |
| Turnover | 70 | €130,878 | €123,530 | -€7,347 | -5.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €86,337 | €98,872 | +€12,535 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,181 | €968 | -€213 | -18.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€1,213 | -€1,213 | = | 0.0% |
| Other operating charges | 640/8 | €457 | €446 | -€11 | -2.4% |
| Non-recurring operating charges | 66A | €799 | €2,488 | +€1,689 | +211.5% |
| Gross operating margin | 9900 | €44,541 | €24,658 | -€19,883 | -44.6% |
| Operating profit (loss) | 9901 | €43,318 | €21,971 | -€21,348 | -49.3% |
| Financial charges | 65/66B | €201 | €239 | +€39 | +19.2% |
| Recurring financial charges | 65 | €201 | €239 | +€39 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €43,118 | €21,732 | -€21,386 | -49.6% |
| Income taxes | 67/77 | €2,546 | €11,134 | +€8,588 | +337.3% |
| Profit (loss) for the period | 9904 | €40,572 | €10,598 | -€29,974 | -73.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,572 | €10,598 | -€29,974 | -73.9% |
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 8 October 2026 via checked.be.