J4 Construction: 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.
J4 Construction
Largest movements
- Cash +€14,020
up €14,020 (+45.3%), from €30,946 to €44,966
mainly Net result for the year (+€23,401) and Receivables within one year (+€1,504)
- Tangible fixed assets +€3,996
new in 2025: €3,996
- Receivables within one year -€1,504
down €1,504 (-5.9%), from €25,436 to €23,933
- Profit (loss) carried forward +€23,401
new in 2025: €23,401
- Tax, wage and social debts -€6,270
down €6,270 (-30.5%), from €20,576 to €14,306
- Gross operating margin -€7,823
down €7,823 (-19.1%), from €40,902 to €33,079
- Taxes -€3,990
down €3,990 (-32.1%), from €12,423 to €8,433
- Other operating charges -€1,400
down €1,400 (-56.9%), from €2,459 to €1,059
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 | €56,536 | €73,503 | +€16,967 | +30.0% |
| Fixed assets | 21/28 | - | €3,996 | +€3,996 | |
| Tangible fixed assets | 22/27 | - | €3,996 | +€3,996 | |
| Furniture and vehicles | 24 | - | €3,996 | +€3,996 | |
| Current assets | 29/58 | €56,536 | €69,507 | +€12,971 | +22.9% |
| Amounts receivable within one year | 40/41 | €25,436 | €23,933 | -€1,504 | -5.9% |
| Trade receivables | 40 | €25,436 | €23,933 | -€1,504 | -5.9% |
| Cash at bank and in hand | 54/58 | €30,946 | €44,966 | +€14,020 | +45.3% |
| Deferred charges and accrued income | 490/1 | €153 | €608 | +€455 | +296.5% |
| Total equity and liabilities | 10/49 | €56,536 | €73,503 | +€16,967 | +30.0% |
| Equity | 10/15 | €27,942 | €51,343 | +€23,401 | +83.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €25,942 | €25,942 | = | 0.0% |
| Distributable reserves | 133 | €25,942 | €25,942 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €23,401 | +€23,401 | |
| Amounts payable | 17/49 | €28,593 | €22,160 | -€6,433 | -22.5% |
| Amounts payable within one year | 42/48 | €28,113 | €22,160 | -€5,953 | -21.2% |
| Trade debts | 44 | €7,537 | €7,677 | +€140 | +1.9% |
| Suppliers | 440/4 | €7,537 | €7,677 | +€140 | +1.9% |
| Taxes, remuneration and social security | 45 | €20,576 | €14,306 | -€6,270 | -30.5% |
| Taxes | 450/3 | €20,576 | €14,306 | -€6,270 | -30.5% |
| Other amounts payable | 47/48 | - | €177 | +€177 | |
| Accrued charges and deferred income | 492/3 | €480 | - | -€480 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4 | +€4 | |
| Other operating charges | 640/8 | €2,459 | €1,059 | -€1,400 | -56.9% |
| Gross operating margin | 9900 | €40,902 | €33,079 | -€7,823 | -19.1% |
| Operating profit (loss) | 9901 | €38,443 | €32,017 | -€6,427 | -16.7% |
| Financial charges | 65/66B | €78 | €183 | +€105 | +133.8% |
| Recurring financial charges | 65 | €78 | €183 | +€105 | +133.8% |
| Profit (loss) for the period before taxes | 9903 | €38,365 | €31,834 | -€6,531 | -17.0% |
| Income taxes | 67/77 | €12,423 | €8,433 | -€3,990 | -32.1% |
| Profit (loss) for the period | 9904 | €25,942 | €23,401 | -€2,541 | -9.8% |
| Profit (loss) for the period to be appropriated | 9905 | €25,942 | €23,401 | -€2,541 | -9.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.