Jansen Building Projects: 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.
What changed
Jansen Building Projects
NACE 43.350, Other building finishing work
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€383,600
2023 · €939,869-€556,269
Equity
€9.4m
2023 · €9.0m+€383,600
Cash
€210,490
2023 · €735,480-€524,990
Balance sheet total
€50.5m
2023 · €49.7m+€835,672
Largest movements
Assets
- Stocks and contracts +€5.5m
up €5.5m (+69.8%), from €7.8m to €13.3m
of which Contracts in progress: +€5.3m
- Receivables within one year -€4.8m
down €4.8m (-12.7%), from €37.9m to €33.1m
of which Trade receivables: -€10.6m
- Cash -€524,990
down €524,990 (-71.4%), from €735,480 to €210,490
mainly Trade debts (-€7.8m) and Stocks and contracts (-€5.5m)
Equity and liabilities
- Short-term financial debts +€10.1m
new in 2024: €10.1m
- Trade debts -€7.8m
down €7.8m (-31.4%), from €24.7m to €17.0m
- Other debts -€554,617
down €554,617 (-17.4%), from €3.2m to €2.6m
- Current portion of long-term debt -€550,392
down €550,392 (-60.1%), from €916,160 to €365,768
- Advances received -€507,401
down €507,401 (-5.5%), from €9.3m to €8.8m
Income statement
- Turnover -€32.6m
down €32.6m (-27.4%), from €119.2m to €86.5m
- Goods and materials -€19.8m
down €19.8m (-22.7%), from €86.9m to €67.1m
of which Purchases: -€19.3m
- Financial income -€2.1m
down €2.1m (-80.1%), from €2.6m to €521,649
of which Non-recurring financial income: -€2.2m
- Financial charges -€1.6m
down €1.6m (-67.9%), from €2.4m to €760,698
of which Non-recurring financial charges: -€1.8m
- Staff costs -€1.4m
down €1.4m (-12.9%), from €10.5m to €9.2m
From the 2023 result to the 2024 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.
Result 2023
€939,869
Turnover
-€32.6m
Other operating income
-€91,061
Goods and materials
+€19.8m
Services and other goods
+€697,468
Staff costs
+€1.4m
Depreciation
+€15,790
Write-downs
-€56,802
Other operating charges
-€29,042
Other operating items
+€10.8m
Financial income
-€2.1m
Financial charges
+€1.6m
Taxes
+€136,741
Result 2024
€383,600
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€9.1m
Investment
-€1.1m
Financing
+€9.6m
Cash 2023
€735,480
From operations (derived)
-€9.1m
Net result for the year
+€383,600
Depreciation
+€490,414
Stocks and contracts
-€5.5m
Receivables within one year
+€4.8m
Deferred charges and accrued income
-€118,285
Trade debts
-€7.8m
Tax, wage and social debts
-€353,127
Advances received
-€507,401
Other debts
-€554,617
Accrued charges and deferred income
-€977
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Current investments
+€1,300
Financing
+€9.6m
Debts after one year
+€88,623
Current portion of long-term debt
-€550,392
Short-term financial debts
+€10.1m
Cash 2024
€210,490
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,697,649 | €50,533,321 | +€835,672 | +1.7% |
| Fixed assets | 21/28 | €3,073,827 | €3,673,416 | +€599,588 | +19.5% |
| Tangible fixed assets | 22/27 | €2,927,643 | €3,037,350 | +€109,707 | +3.7% |
| Land and buildings | 22 | €68,725 | €57,487 | -€11,238 | -16.4% |
| Plant, machinery and equipment | 23 | €2,681,193 | €2,354,153 | -€327,040 | -12.2% |
| Furniture and vehicles | 24 | €157,045 | €160,354 | +€3,308 | +2.1% |
| Leasing and similar rights | 25 | €20,679 | €465,356 | +€444,677 | +2,150% |
| Financial fixed assets | 28 | €146,185 | €636,066 | +€489,881 | +335% |
| Affiliated companies | 280/1 | €51,501 | €51,501 | = | 0.0% |
| Participating interests | 280 | €51,501 | €51,501 | = | 0.0% |
| Other financial fixed assets | 284/8 | €94,684 | €584,565 | +€489,881 | +517% |
| Amounts receivable and cash guarantees | 285/8 | €94,684 | €584,565 | +€489,881 | +517% |
| Current assets | 29/58 | €46,623,822 | €46,859,905 | +€236,083 | +0.5% |
| Stocks and contracts in progress | 3 | €7,824,210 | €13,285,236 | +€5.5m | +69.8% |
| Stocks | 30/36 | €774,837 | €961,796 | +€186,959 | +24.1% |
| Raw materials and consumables | 30/31 | €774,837 | €961,796 | +€186,959 | +24.1% |
| Contracts in progress | 37 | €7,049,373 | €12,323,440 | +€5.3m | +74.8% |
| Amounts receivable within one year | 40/41 | €37,942,630 | €33,125,692 | -€4.8m | -12.7% |
| Trade receivables | 40 | €20,637,541 | €10,029,957 | -€10.6m | -51.4% |
| Other amounts receivable | 41 | €17,305,088 | €23,095,736 | +€5.8m | +33.5% |
| Current investments | 50/53 | €1,300 | €0 | -€1,300 | -100% |
| Other investments | 51/53 | €1,300 | €0 | -€1,300 | -100% |
| Cash at bank and in hand | 54/58 | €735,480 | €210,490 | -€524,990 | -71.4% |
| Deferred charges and accrued income | 490/1 | €120,202 | €238,487 | +€118,285 | +98.4% |
| Total equity and liabilities | 10/49 | €49,697,649 | €50,533,321 | +€835,672 | +1.7% |
| Equity | 10/15 | €9,009,831 | €9,393,431 | +€383,600 | +4.3% |
| Contributions | 10/11 | €1,752,736 | €1,752,736 | = | 0.0% |
| Capital | 10 | €1,752,736 | €1,752,736 | = | 0.0% |
| Issued capital | 100 | €1,752,736 | €1,752,736 | = | 0.0% |
| Reserves | 13 | €459,032 | €459,032 | = | 0.0% |
| Non-distributable reserves | 130/1 | €175,274 | €175,274 | = | 0.0% |
| Legal reserve | 130 | €175,274 | €175,274 | = | 0.0% |
| Tax-exempt reserves | 132 | €171,612 | €171,612 | = | 0.0% |
| Distributable reserves | 133 | €112,147 | €112,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,798,063 | €7,181,663 | +€383,600 | +5.6% |
| Provisions and deferred taxes | 16 | €135,000 | €135,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €135,000 | €135,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €135,000 | €135,000 | = | 0.0% |
| Amounts payable | 17/49 | €40,552,818 | €41,004,890 | +€452,072 | +1.1% |
| Amounts payable after more than one year | 17 | €1,102,126 | €1,190,748 | +€88,623 | +8.0% |
| Financial debts | 170/4 | €1,102,126 | €1,190,748 | +€88,623 | +8.0% |
| Leasing and similar obligations | 172 | €15,389 | €406,980 | +€391,591 | +2,545% |
| Credit institutions | 173 | €1,086,736 | €783,768 | -€302,968 | -27.9% |
| Amounts payable within one year | 42/48 | €39,449,491 | €39,813,917 | +€364,426 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €916,160 | €365,768 | -€550,392 | -60.1% |
| Financial debts | 43 | - | €10,097,799 | +€10.1m | |
| Credit institutions | 430/8 | - | €10,097,799 | +€10.1m | |
| Trade debts | 44 | €24,749,377 | €16,981,541 | -€7.8m | -31.4% |
| Suppliers | 440/4 | €24,749,377 | €16,981,541 | -€7.8m | -31.4% |
| Advances received on contracts in progress | 46 | €9,294,217 | €8,786,815 | -€507,401 | -5.5% |
| Taxes, remuneration and social security | 45 | €1,306,525 | €953,398 | -€353,127 | -27.0% |
| Taxes | 450/3 | €217,686 | €93,397 | -€124,289 | -57.1% |
| Remuneration and social security | 454/9 | €1,088,839 | €860,001 | -€228,838 | -21.0% |
| Other amounts payable | 47/48 | €3,183,212 | €2,628,596 | -€554,617 | -17.4% |
| Accrued charges and deferred income | 492/3 | €1,201 | €224 | -€977 | -81.3% |
| Operating income | 70/76A | €114,699,512 | €92,966,497 | -€21.7m | -18.9% |
| Turnover | 70 | €119,168,510 | €86,542,451 | -€32.6m | -27.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€5,680,969 | €5,274,067 | +€11.0m | |
| Other operating income | 74 | €1,157,064 | €1,066,003 | -€91,061 | -7.9% |
| Non-recurring operating income | 76A | €54,906 | €83,976 | +€29,070 | +52.9% |
| Operating charges | 60/66A | €113,785,039 | €92,247,410 | -€21.5m | -18.9% |
| Goods for resale, raw materials and consumables | 60 | €86,903,243 | €67,143,325 | -€19.8m | -22.7% |
| Purchases | 600/8 | €86,629,613 | €67,330,284 | -€19.3m | -22.3% |
| Change in stocks: decrease (increase) | 609 | €273,630 | -€186,959 | -€460,589 | |
| Services and other goods | 61 | €15,778,858 | €15,081,390 | -€697,468 | -4.4% |
| Remuneration, social security and pensions | 62 | €10,541,142 | €9,182,042 | -€1.4m | -12.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €506,204 | €490,414 | -€15,790 | -3.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€14,308 | €42,495 | +€56,802 | |
| Other operating charges | 640/8 | €53,740 | €82,782 | +€29,042 | +54.0% |
| Non-recurring operating charges | 66A | €16,159 | €224,961 | +€208,802 | +1,292% |
| Operating profit (loss) | 9901 | €914,473 | €719,088 | -€195,385 | -21.4% |
| Financial income | 75/76B | €2,626,438 | €521,649 | -€2.1m | -80.1% |
| Recurring financial income | 75 | €375,416 | €450,832 | +€75,416 | +20.1% |
| Income from current assets | 751 | €319,512 | €441,125 | +€121,613 | +38.1% |
| Other financial income | 752/9 | €55,904 | €9,707 | -€46,197 | -82.6% |
| Non-recurring financial income | 76B | €2,251,022 | €70,817 | -€2.2m | -96.9% |
| Financial charges | 65/66B | €2,367,863 | €760,698 | -€1.6m | -67.9% |
| Recurring financial charges | 65 | €614,710 | €760,698 | +€145,989 | +23.7% |
| Debt charges | 650 | €553,906 | €693,045 | +€139,138 | +25.1% |
| Other financial charges | 652/9 | €60,803 | €67,654 | +€6,850 | +11.3% |
| Non-recurring financial charges | 66B | €1,753,153 | €0 | -€1.8m | -100% |
| Profit (loss) for the period before taxes | 9903 | €1,173,048 | €480,038 | -€693,010 | -59.1% |
| Income taxes | 67/77 | €233,180 | €96,439 | -€136,741 | -58.6% |
| Taxes | 670/3 | €234,020 | €96,439 | -€137,581 | -58.8% |
| Tax adjustments and reversals of tax provisions | 77 | €840 | €0 | -€840 | -100% |
| Profit (loss) for the period | 9904 | €939,869 | €383,600 | -€556,269 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €939,869 | €383,600 | -€556,269 | -59.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.