JACONSTRUCT: 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.
JACONSTRUCT
Largest movements
- Current investments -€507,765
down €507,765 (-22.3%), from €2.3m to €1.8m
- Tangible fixed assets -€262,817
down €262,817 (-14.6%), from €1.8m to €1.5m
of which Land and buildings: -€266,154
- Debts after one year -€1.1m
down €1.1m (-74.4%), from €1.4m to €364,913
- Reserves +€278,964
up €278,964 (+10.0%), from €2.8m to €3.1m
- Other debts -€67,760
down €67,760 (-92.2%), from €73,521 to €5,761
- Tax, wage and social debts +€59,905
up €59,905 (+2,249%), from €2,663 to €62,568
- Gross operating margin +€622,527
up €622,527 (+203%), from €306,405 to €928,932
- Taxes +€235,063
up €235,063 (+480%), from €49,022 to €284,085
- Staff costs -€68,956
no longer reported in 2025 (was €68,956)
- Depreciation -€42,841
down €42,841 (-37.6%), from €113,924 to €71,083
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
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 | €4,521,935 | €3,710,756 | -€811,179 | -17.9% |
| Fixed assets | 21/28 | €1,820,267 | €1,537,450 | -€282,817 | -15.5% |
| Tangible fixed assets | 22/27 | €1,800,267 | €1,537,450 | -€262,817 | -14.6% |
| Land and buildings | 22 | €1,720,103 | €1,453,949 | -€266,154 | -15.5% |
| Furniture and vehicles | 24 | €80,163 | €83,501 | +€3,338 | +4.2% |
| Financial fixed assets | 28 | €20,000 | - | -€20,000 | |
| Current assets | 29/58 | €2,701,669 | €2,173,306 | -€528,362 | -19.6% |
| Amounts receivable within one year | 40/41 | €367,294 | €349,485 | -€17,809 | -4.8% |
| Trade receivables | 40 | €18,112 | €7,563 | -€10,549 | -58.2% |
| Other amounts receivable | 41 | €349,182 | €341,922 | -€7,260 | -2.1% |
| Current investments | 50/53 | €2,273,131 | €1,765,366 | -€507,765 | -22.3% |
| Cash at bank and in hand | 54/58 | €61,244 | €58,455 | -€2,789 | -4.6% |
| Total equity and liabilities | 10/49 | €4,521,935 | €3,710,756 | -€811,179 | -17.9% |
| Equity | 10/15 | €2,837,831 | €3,116,795 | +€278,964 | +9.8% |
| Contributions | 10/11 | €59,400 | €59,400 | = | 0.0% |
| Reserves | 13 | €2,778,431 | €3,057,395 | +€278,964 | +10.0% |
| Distributable reserves | 133 | €2,778,431 | €3,057,395 | +€278,964 | +10.0% |
| Amounts payable | 17/49 | €1,684,104 | €593,961 | -€1.1m | -64.7% |
| Amounts payable after more than one year | 17 | €1,427,552 | €364,913 | -€1.1m | -74.4% |
| Financial debts | 170/4 | €1,427,552 | €364,913 | -€1.1m | -74.4% |
| Amounts payable within one year | 42/48 | €252,537 | €227,098 | -€25,439 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €160,749 | €153,275 | -€7,474 | -4.6% |
| Trade debts | 44 | €15,604 | €5,493 | -€10,111 | -64.8% |
| Suppliers | 440/4 | €15,604 | €5,493 | -€10,111 | -64.8% |
| Taxes, remuneration and social security | 45 | €2,663 | €62,568 | +€59,905 | +2,249% |
| Taxes | 450/3 | €2,663 | €62,568 | +€59,905 | +2,249% |
| Other amounts payable | 47/48 | €73,521 | €5,761 | -€67,760 | -92.2% |
| Accrued charges and deferred income | 492/3 | €4,014 | €1,950 | -€2,064 | -51.4% |
| Non-recurring operating income | 76A | €80,616 | €897,866 | +€817,250 | +1,014% |
| Remuneration, social security and pensions | 62 | €68,956 | - | -€68,956 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €113,924 | €71,083 | -€42,841 | -37.6% |
| Other operating charges | 640/8 | €960 | €621 | -€339 | -35.3% |
| Gross operating margin | 9900 | €306,405 | €928,932 | +€622,527 | +203% |
| Operating profit (loss) | 9901 | €122,564 | €857,228 | +€734,664 | +599% |
| Financial income | 75/76B | €76,457 | €72,559 | -€3,897 | -5.1% |
| Recurring financial income | 75 | €76,457 | €72,559 | -€3,897 | -5.1% |
| Financial charges | 65/66B | €21,605 | €12,370 | -€9,235 | -42.7% |
| Recurring financial charges | 65 | €21,605 | €12,370 | -€9,235 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €177,416 | €917,417 | +€740,001 | +417% |
| Income taxes | 67/77 | €49,022 | €284,085 | +€235,063 | +480% |
| Profit (loss) for the period | 9904 | €128,394 | €633,332 | +€504,937 | +393% |
| Profit (loss) for the period to be appropriated | 9905 | €128,394 | €633,332 | +€504,937 | +393% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.