J.T.Z. CONSTRUCT: what changed
Two financial 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.Z. CONSTRUCT
Largest movements
- Tangible fixed assets -€10,791
down €10,791 (-27.5%), from €39,286 to €28,495
of which Furniture and vehicles: -€10,080
- Receivables within one year -€6,473
down €6,473 (-22.6%), from €28,579 to €22,106
of which Other amounts receivable: -€4,286
- Short-term financial debts -€14,850
down €14,850 (-98.9%), from €15,013 to €164
- Advances received -€4,000
no longer reported in 2025 (was €4,000)
- Profit (loss) carried forward -€3,916
down €3,916 (-22.5%), from €17,427 to €13,511
- Tax, wage and social debts +€2,408
up €2,408 (+14.7%), from €16,406 to €18,814
of which Taxes: +€1,208
- Trade debts +€2,167
up €2,167 (+26.4%), from €8,204 to €10,371
- Gross operating margin -€15,613
down €15,613 (-43.7%), from €35,759 to €20,145
- Other operating charges -€3,790
down €3,790 (-66.8%), from €5,669 to €1,880
- Depreciation +€1,849
up €1,849 (+18.6%), from €9,932 to €11,780
- Taxes -€861
down €861 (-34.8%), from €2,473 to €1,612
- Financial charges +€853
up €853 (+10.7%), from €7,937 to €8,790
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,001 | €58,771 | -€17,230 | -22.7% |
| Fixed assets | 21/28 | €45,187 | €34,396 | -€10,791 | -23.9% |
| Tangible fixed assets | 22/27 | €39,286 | €28,495 | -€10,791 | -27.5% |
| Plant, machinery and equipment | 23 | €1,945 | €1,234 | -€711 | -36.6% |
| Furniture and vehicles | 24 | €37,341 | €27,261 | -€10,080 | -27.0% |
| Financial fixed assets | 28 | €5,901 | €5,901 | = | 0.0% |
| Current assets | 29/58 | €30,814 | €24,375 | -€6,439 | -20.9% |
| Amounts receivable within one year | 40/41 | €28,579 | €22,106 | -€6,473 | -22.6% |
| Trade receivables | 40 | €20,300 | €18,113 | -€2,187 | -10.8% |
| Other amounts receivable | 41 | €8,279 | €3,993 | -€4,286 | -51.8% |
| Deferred charges and accrued income | 490/1 | €2,234 | €2,269 | +€34 | +1.5% |
| Total equity and liabilities | 10/49 | €76,001 | €58,771 | -€17,230 | -22.7% |
| Equity | 10/15 | €30,472 | €26,557 | -€3,916 | -12.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €645 | €645 | = | 0.0% |
| Non-distributable reserves | 130/1 | €645 | €645 | = | 0.0% |
| Reserves not available under the articles | 1311 | €645 | €645 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,427 | €13,511 | -€3,916 | -22.5% |
| Amounts payable | 17/49 | €45,529 | €32,214 | -€13,314 | -29.2% |
| Amounts payable within one year | 42/48 | €45,529 | €32,214 | -€13,314 | -29.2% |
| Financial debts | 43 | €15,013 | €164 | -€14,850 | -98.9% |
| Credit institutions | 430/8 | €15,013 | €164 | -€14,850 | -98.9% |
| Trade debts | 44 | €8,204 | €10,371 | +€2,167 | +26.4% |
| Suppliers | 440/4 | €8,204 | €10,371 | +€2,167 | +26.4% |
| Advances received on contracts in progress | 46 | €4,000 | - | -€4,000 | |
| Taxes, remuneration and social security | 45 | €16,406 | €18,814 | +€2,408 | +14.7% |
| Taxes | 450/3 | €8,106 | €9,314 | +€1,208 | +14.9% |
| Remuneration and social security | 454/9 | €8,300 | €9,500 | +€1,200 | +14.5% |
| Other amounts payable | 47/48 | €1,906 | €2,867 | +€960 | +50.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,932 | €11,780 | +€1,849 | +18.6% |
| Other operating charges | 640/8 | €5,669 | €1,880 | -€3,790 | -66.8% |
| Gross operating margin | 9900 | €35,759 | €20,145 | -€15,613 | -43.7% |
| Operating profit (loss) | 9901 | €20,158 | €6,486 | -€13,672 | -67.8% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €7,937 | €8,790 | +€853 | +10.7% |
| Recurring financial charges | 65 | €7,937 | €8,790 | +€853 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €12,231 | -€2,304 | -€14,535 | |
| Income taxes | 67/77 | €2,473 | €1,612 | -€861 | -34.8% |
| Profit (loss) for the period | 9904 | €9,759 | -€3,916 | -€13,675 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,759 | -€3,916 | -€13,675 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.