JAN'S 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.
JAN'S CONSTRUCT
Largest movements
- Tangible fixed assets +€34,516
up €34,516 (+21.4%), from €161,351 to €195,868
of which Furniture and vehicles: +€50,083
- Cash +€11,220
up €11,220 (+108%), from €10,347 to €21,567
mainly Depreciation (+€40,926) and Debts after one year (+€21,708)
- Receivables within one year -€5,210
down €5,210 (-8.1%), from €64,189 to €58,979
of which Trade receivables: -€8,999
- Debts after one year +€21,708
up €21,708 (+32.4%), from €67,060 to €88,768
- Other debts +€14,150
up €14,150 (+1,665%), from €850 to €15,000
- Reserves -€8,000
down €8,000 (-6.3%), from €127,500 to €119,500
- Trade debts +€7,130
up €7,130 (+73.9%), from €9,650 to €16,781
- Current portion of long-term debt +€5,853
up €5,853 (+37.8%), from €15,505 to €21,358
- Purchases and services -€332,864
no longer reported in 2025 (was €332,864)
- Gross operating margin -€11,236
down €11,236 (-16.0%), from €70,123 to €58,887
- Depreciation +€9,625
up €9,625 (+30.8%), from €31,301 to €40,926
- Taxes -€4,361
down €4,361 (-51.9%), from €8,402 to €4,041
- Financial charges -€1,312
down €1,312 (-23.2%), from €5,663 to €4,350
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 | €240,546 | €282,924 | +€42,378 | +17.6% |
| Fixed assets | 21/28 | €161,551 | €196,068 | +€34,516 | +21.4% |
| Tangible fixed assets | 22/27 | €161,351 | €195,868 | +€34,516 | +21.4% |
| Land and buildings | 22 | €104,590 | €101,340 | -€3,250 | -3.1% |
| Plant, machinery and equipment | 23 | €41,347 | €30,558 | -€10,790 | -26.1% |
| Furniture and vehicles | 24 | €10,831 | €60,915 | +€50,083 | +462% |
| Other tangible fixed assets | 26 | €4,583 | €3,055 | -€1,528 | -33.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €78,995 | €86,857 | +€7,861 | +10.0% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Trade receivables | 290 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €64,189 | €58,979 | -€5,210 | -8.1% |
| Trade receivables | 40 | €40,931 | €31,931 | -€8,999 | -22.0% |
| Other amounts receivable | 41 | €23,258 | €27,047 | +€3,790 | +16.3% |
| Cash at bank and in hand | 54/58 | €10,347 | €21,567 | +€11,220 | +108% |
| Deferred charges and accrued income | 490/1 | €4,459 | €6,310 | +€1,851 | +41.5% |
| Total equity and liabilities | 10/49 | €240,546 | €282,924 | +€42,378 | +17.6% |
| Equity | 10/15 | €147,212 | €139,376 | -€7,836 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €127,500 | €119,500 | -€8,000 | -6.3% |
| Distributable reserves | 133 | €127,500 | €119,500 | -€8,000 | -6.3% |
| Profit (loss) carried forward | 14 | €1,112 | €1,276 | +€164 | +14.8% |
| Amounts payable | 17/49 | €93,335 | €143,548 | +€50,214 | +53.8% |
| Amounts payable after more than one year | 17 | €67,060 | €88,768 | +€21,708 | +32.4% |
| Financial debts | 170/4 | €67,060 | €88,768 | +€21,708 | +32.4% |
| Amounts payable within one year | 42/48 | €26,274 | €54,713 | +€28,439 | +108% |
| Current portion of amounts payable after more than one year | 42 | €15,505 | €21,358 | +€5,853 | +37.8% |
| Trade debts | 44 | €9,650 | €16,781 | +€7,130 | +73.9% |
| Suppliers | 440/4 | €9,650 | €16,781 | +€7,130 | +73.9% |
| Taxes, remuneration and social security | 45 | €269 | €1,574 | +€1,305 | +485% |
| Taxes | 450/3 | €269 | €1,574 | +€1,305 | +485% |
| Other amounts payable | 47/48 | €850 | €15,000 | +€14,150 | +1,665% |
| Accrued charges and deferred income | 492/3 | - | €68 | +€68 | |
| Goods, raw materials, services and sundry goods | 60/61 | €332,864 | - | -€332,864 | |
| Remuneration, social security and pensions | 62 | €2,017 | €1,705 | -€312 | -15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,301 | €40,926 | +€9,625 | +30.8% |
| Other operating charges | 640/8 | €994 | €1,088 | +€94 | +9.4% |
| Gross operating margin | 9900 | €70,123 | €58,887 | -€11,236 | -16.0% |
| Operating profit (loss) | 9901 | €35,811 | €15,167 | -€20,643 | -57.6% |
| Financial income | 75/76B | €4 | €388 | +€384 | +10,824% |
| Recurring financial income | 75 | €4 | €388 | +€384 | +10,824% |
| Financial charges | 65/66B | €5,663 | €4,350 | -€1,312 | -23.2% |
| Recurring financial charges | 65 | €5,663 | €4,350 | -€1,312 | -23.2% |
| Profit (loss) for the period before taxes | 9903 | €30,151 | €11,205 | -€18,946 | -62.8% |
| Income taxes | 67/77 | €8,402 | €4,041 | -€4,361 | -51.9% |
| Profit (loss) for the period | 9904 | €21,750 | €7,164 | -€14,586 | -67.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,750 | €7,164 | -€14,586 | -67.1% |
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 18 October 2026 via checked.be.