James Travaux: what changed
What changed
James Travaux
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€11,619
2024 · €4,804+€6,814
Equity
€123,831
2024 · €112,212+€11,619
Cash
€54,851
2024 · €57,396-€2,545
Balance sheet total
€291,059
2024 · €278,496+€12,563
Largest movements
Assets
- Receivables within one year +€35,414
up €35,414 (+80.3%), from €44,096 to €79,510
of which Trade receivables: +€31,091
- Tangible fixed assets -€13,717
down €13,717 (-8.1%), from €170,365 to €156,648
of which Land and buildings: -€7,528
- Deferred charges and accrued income -€6,589
no longer reported in 2025 (was €6,589)
Equity and liabilities
- Debts after one year -€12,546
down €12,546 (-8.6%), from €145,330 to €132,784
- Trade debts +€11,718
up €11,718 (+1,818%), from €645 to €12,362
- Reserves +€11,000
up €11,000 (+68.5%), from €16,060 to €27,060
Income statement
- Staff costs -€33,537
down €33,537 (-24.0%), from €139,560 to €106,024
- Gross operating margin -€22,288
down €22,288 (-11.9%), from €187,386 to €165,098
- Depreciation -€7,110
down €7,110 (-25.4%), from €27,956 to €20,846
- Financial charges -€6,372
down €6,372 (-62.6%), from €10,180 to €3,808
of which Non-recurring financial charges: -€6,128
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,804
Gross operating margin
-€22,288
Staff costs
+€33,537
Depreciation
+€7,110
Other operating charges
-€164
Other operating items
-€16,472
Financial income
-€4
Financial charges
+€6,372
Taxes
-€1,277
Result 2025
€11,619
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€16,671
Investment
-€7,130
Financing
-€12,087
Cash 2024
€57,396
From operations (derived)
+€16,671
Net result for the year
+€11,619
Depreciation
+€20,846
Receivables within one year
-€35,414
Deferred charges and accrued income
+€6,589
Trade debts
+€11,718
Tax, wage and social debts
+€1,314
Investment (derived)
-€7,130
Investment in fixed assets (net)
-€7,130
Financing
-€12,087
Debts after one year
-€12,546
Current portion of long-term debt
+€459
Cash 2025
€54,851
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €278,496 | €291,059 | +€12,563 | +4.5% |
| Fixed assets | 21/28 | €170,415 | €156,698 | -€13,717 | -8.0% |
| Tangible fixed assets | 22/27 | €170,365 | €156,648 | -€13,717 | -8.1% |
| Land and buildings | 22 | €119,577 | €112,048 | -€7,528 | -6.3% |
| Plant, machinery and equipment | 23 | €19,245 | €14,352 | -€4,893 | -25.4% |
| Furniture and vehicles | 24 | €31,544 | €30,248 | -€1,296 | -4.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €108,081 | €134,361 | +€26,280 | +24.3% |
| Amounts receivable within one year | 40/41 | €44,096 | €79,510 | +€35,414 | +80.3% |
| Trade receivables | 40 | €32,695 | €63,785 | +€31,091 | +95.1% |
| Other amounts receivable | 41 | €11,401 | €15,725 | +€4,323 | +37.9% |
| Cash at bank and in hand | 54/58 | €57,396 | €54,851 | -€2,545 | -4.4% |
| Deferred charges and accrued income | 490/1 | €6,589 | - | -€6,589 | |
| Total equity and liabilities | 10/49 | €278,496 | €291,059 | +€12,563 | +4.5% |
| Equity | 10/15 | €112,212 | €123,831 | +€11,619 | +10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €16,060 | €27,060 | +€11,000 | +68.5% |
| Distributable reserves | 133 | €16,060 | €27,060 | +€11,000 | +68.5% |
| Profit (loss) carried forward | 14 | €77,552 | €78,171 | +€619 | +0.8% |
| Amounts payable | 17/49 | €166,284 | €167,229 | +€944 | +0.6% |
| Amounts payable after more than one year | 17 | €145,330 | €132,784 | -€12,546 | -8.6% |
| Financial debts | 170/4 | €145,330 | €132,784 | -€12,546 | -8.6% |
| Amounts payable within one year | 42/48 | €20,954 | €34,445 | +€13,490 | +64.4% |
| Current portion of amounts payable after more than one year | 42 | €16,147 | €16,606 | +€459 | +2.8% |
| Trade debts | 44 | €645 | €12,362 | +€11,718 | +1,818% |
| Suppliers | 440/4 | €645 | €12,362 | +€11,718 | +1,818% |
| Taxes, remuneration and social security | 45 | €4,163 | €5,477 | +€1,314 | +31.6% |
| Taxes | 450/3 | €3,987 | €74 | -€3,913 | -98.1% |
| Remuneration and social security | 454/9 | €176 | €5,402 | +€5,226 | +2,969% |
| Remuneration, social security and pensions | 62 | €139,560 | €106,024 | -€33,537 | -24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,956 | €20,846 | -€7,110 | -25.4% |
| Other operating charges | 640/8 | €2,987 | €3,151 | +€164 | +5.5% |
| Non-recurring operating charges | 66A | - | €16,472 | +€16,472 | |
| Gross operating margin | 9900 | €187,386 | €165,098 | -€22,288 | -11.9% |
| Operating profit (loss) | 9901 | €16,882 | €18,605 | +€1,722 | +10.2% |
| Financial income | 75/76B | €4 | - | -€4 | |
| Recurring financial income | 75 | €4 | - | -€4 | |
| Financial charges | 65/66B | €10,180 | €3,808 | -€6,372 | -62.6% |
| Recurring financial charges | 65 | €4,052 | €3,808 | -€244 | -6.0% |
| Non-recurring financial charges | 66B | €6,128 | - | -€6,128 | |
| Profit (loss) for the period before taxes | 9903 | €6,706 | €14,797 | +€8,091 | +121% |
| Income taxes | 67/77 | €1,902 | €3,179 | +€1,277 | +67.1% |
| Profit (loss) for the period | 9904 | €4,804 | €11,619 | +€6,814 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €4,804 | €11,619 | +€6,814 | +142% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.