J.T.C.-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.T.C.-CONSTRUCT
Largest movements
- Cash +€119,993
up €119,993 (+195.5%), from €61,393 to €181,387
mainly Accrued charges and deferred income (+€129,517) and Receivables within one year (+€113,147)
- Receivables within one year -€113,147
down €113,147 (-54.6%), from €207,068 to €93,921
of which Trade receivables: -€111,112
- Tangible fixed assets -€33,022
down €33,022 (-14.1%), from €234,455 to €201,433
of which Other tangible fixed assets: -€41,126
- Accrued charges and deferred income +€129,517
up €129,517 (+2237.5%), from €5,788 to €135,305
- Other debts -€72,957
down €72,957 (-21.7%), from €335,656 to €262,699
- Trade debts -€40,673
down €40,673 (-96.5%), from €42,154 to €1,481
- Tax, wage and social debts -€29,579
down €29,579 (-100.0%), from €29,579 to €0
- Profit (loss) carried forward -€13,968
down €13,968 (-18.7%), from €74,549 to €60,581
- Gross operating margin -€95,469
down €95,469 (-59.2%), from €161,251 to €65,782
- Taxes -€19,639
down €19,639, from €19,629 to -€10
- Depreciation +€15,758
up €15,758 (+28.4%), from €55,499 to €71,257
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 | €506,326 | €478,665 | -€27,660 | -5.5% |
| Fixed assets | 21/28 | €234,455 | €201,433 | -€33,022 | -14.1% |
| Tangible fixed assets | 22/27 | €234,455 | €201,433 | -€33,022 | -14.1% |
| Plant, machinery and equipment | 23 | €47,035 | €72,968 | +€25,933 | +55.1% |
| Furniture and vehicles | 24 | €74,610 | €56,780 | -€17,830 | -23.9% |
| Other tangible fixed assets | 26 | €112,810 | €71,685 | -€41,126 | -36.5% |
| Current assets | 29/58 | €271,870 | €277,232 | +€5,362 | +2.0% |
| Amounts receivable within one year | 40/41 | €207,068 | €93,921 | -€113,147 | -54.6% |
| Trade receivables | 40 | €203,542 | €92,430 | -€111,112 | -54.6% |
| Other amounts receivable | 41 | €3,526 | €1,491 | -€2,035 | -57.7% |
| Cash at bank and in hand | 54/58 | €61,393 | €181,387 | +€119,993 | +195.5% |
| Deferred charges and accrued income | 490/1 | €3,409 | €1,924 | -€1,485 | -43.6% |
| Total equity and liabilities | 10/49 | €506,326 | €478,665 | -€27,660 | -5.5% |
| Equity | 10/15 | €93,149 | €79,181 | -€13,968 | -15.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,549 | €60,581 | -€13,968 | -18.7% |
| Amounts payable | 17/49 | €413,177 | €399,484 | -€13,693 | -3.3% |
| Amounts payable within one year | 42/48 | €407,389 | €264,179 | -€143,209 | -35.2% |
| Trade debts | 44 | €42,154 | €1,481 | -€40,673 | -96.5% |
| Suppliers | 440/4 | €42,154 | €1,481 | -€40,673 | -96.5% |
| Taxes, remuneration and social security | 45 | €29,579 | €0 | -€29,579 | -100.0% |
| Taxes | 450/3 | €29,579 | €0 | -€29,579 | -100.0% |
| Other amounts payable | 47/48 | €335,656 | €262,699 | -€72,957 | -21.7% |
| Accrued charges and deferred income | 492/3 | €5,788 | €135,305 | +€129,517 | +2237.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,499 | €71,257 | +€15,758 | +28.4% |
| Other operating charges | 640/8 | €1,744 | €2,485 | +€740 | +42.4% |
| Gross operating margin | 9900 | €161,251 | €65,782 | -€95,469 | -59.2% |
| Operating profit (loss) | 9901 | €104,007 | -€7,960 | -€111,967 | |
| Financial income | 75/76B | €220 | €2 | -€218 | -99.2% |
| Recurring financial income | 75 | €220 | €2 | -€218 | -99.2% |
| Financial charges | 65/66B | €5,948 | €6,019 | +€72 | +1.2% |
| Recurring financial charges | 65 | €5,948 | €6,019 | +€72 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €98,280 | -€13,978 | -€112,257 | |
| Income taxes | 67/77 | €19,629 | -€10 | -€19,639 | |
| Profit (loss) for the period | 9904 | €78,650 | -€13,968 | -€92,618 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,650 | -€13,968 | -€92,618 |
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 7 October 2026 via checked.be.