JB CONSTRUCT: 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.
JB CONSTRUCT
Largest movements
- Tangible fixed assets +€239,043
up €239,043 (+40.4%), from €591,481 to €830,524
of which Furniture and vehicles: +€170,781
- Receivables within one year -€235,012
down €235,012 (-30.8%), from €762,866 to €527,854
of which Trade receivables: -€196,687
- Cash -€60,305
down €60,305 (-29.9%), from €201,628 to €141,323
mainly Investment in fixed assets (net) (-€479,925) and Trade debts (-€247,200)
- Trade debts -€247,200
down €247,200 (-36.2%), from €683,701 to €436,501
of which Bills of exchange payable: -€132,355
- Debts after one year +€219,122
up €219,122 (+215.2%), from €101,808 to €320,930
- Short-term financial debts +€40,000
new in 2025: €40,000
- Profit (loss) carried forward -€30,945
down €30,945 (-5.9%), from €526,925 to €495,981
- Tax, wage and social debts -€23,405
down €23,405 (-39.9%), from €58,722 to €35,317
of which Taxes: -€19,873
- Staff costs -€42,450
down €42,450 (-6.1%), from €701,510 to €659,061
- Gross operating margin -€32,344
down €32,344 (-3.5%), from €936,488 to €904,144
- Depreciation +€13,463
up €13,463 (+5.9%), from €228,519 to €241,982
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 | €1,600,030 | €1,555,086 | -€44,943 | -2.8% |
| Fixed assets | 21/28 | €599,662 | €837,605 | +€237,943 | +39.7% |
| Tangible fixed assets | 22/27 | €591,481 | €830,524 | +€239,043 | +40.4% |
| Land and buildings | 22 | €61,700 | €56,527 | -€5,172 | -8.4% |
| Plant, machinery and equipment | 23 | €192,549 | €265,983 | +€73,434 | +38.1% |
| Furniture and vehicles | 24 | €337,233 | €508,013 | +€170,781 | +50.6% |
| Financial fixed assets | 28 | €8,181 | €7,081 | -€1,100 | -13.4% |
| Current assets | 29/58 | €1,000,367 | €717,481 | -€282,886 | -28.3% |
| Stocks and contracts in progress | 3 | €17,052 | €15,045 | -€2,007 | -11.8% |
| Stocks | 30/36 | €17,052 | €15,045 | -€2,007 | -11.8% |
| Amounts receivable within one year | 40/41 | €762,866 | €527,854 | -€235,012 | -30.8% |
| Trade receivables | 40 | €511,759 | €315,072 | -€196,687 | -38.4% |
| Other amounts receivable | 41 | €251,107 | €212,782 | -€38,325 | -15.3% |
| Cash at bank and in hand | 54/58 | €201,628 | €141,323 | -€60,305 | -29.9% |
| Deferred charges and accrued income | 490/1 | €18,821 | €33,259 | +€14,438 | +76.7% |
| Total equity and liabilities | 10/49 | €1,600,030 | €1,555,086 | -€44,943 | -2.8% |
| Equity | 10/15 | €587,385 | €556,441 | -€30,945 | -5.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,860 | €41,860 | = | 0.0% |
| Distributable reserves | 133 | €41,860 | €41,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €526,925 | €495,981 | -€30,945 | -5.9% |
| Amounts payable | 17/49 | €1,012,644 | €998,645 | -€13,999 | -1.4% |
| Amounts payable after more than one year | 17 | €101,808 | €320,930 | +€219,122 | +215.2% |
| Financial debts | 170/4 | €101,808 | €320,930 | +€219,122 | +215.2% |
| Amounts payable within one year | 42/48 | €907,349 | €673,107 | -€234,242 | -25.8% |
| Current portion of amounts payable after more than one year | 42 | €164,926 | €152,733 | -€12,194 | -7.4% |
| Financial debts | 43 | - | €40,000 | +€40,000 | |
| Credit institutions | 430/8 | - | €40,000 | +€40,000 | |
| Trade debts | 44 | €683,701 | €436,501 | -€247,200 | -36.2% |
| Suppliers | 440/4 | €527,446 | €412,601 | -€114,845 | -21.8% |
| Bills of exchange payable | 441 | €156,255 | €23,900 | -€132,355 | -84.7% |
| Taxes, remuneration and social security | 45 | €58,722 | €35,317 | -€23,405 | -39.9% |
| Taxes | 450/3 | €19,873 | - | -€19,873 | |
| Remuneration and social security | 454/9 | €38,849 | €35,317 | -€3,532 | -9.1% |
| Other amounts payable | 47/48 | - | €8,556 | +€8,556 | |
| Accrued charges and deferred income | 492/3 | €3,487 | €4,608 | +€1,121 | +32.2% |
| Non-recurring operating income | 76A | €5,790 | €4,202 | -€1,588 | -27.4% |
| Remuneration, social security and pensions | 62 | €701,510 | €659,061 | -€42,450 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €228,519 | €241,982 | +€13,463 | +5.9% |
| Other operating charges | 640/8 | €5,462 | €13,119 | +€7,657 | +140.2% |
| Non-recurring operating charges | 66A | €16,078 | €6,820 | -€9,258 | -57.6% |
| Gross operating margin | 9900 | €936,488 | €904,144 | -€32,344 | -3.5% |
| Operating profit (loss) | 9901 | -€15,082 | -€16,839 | -€1,756 | -11.6% |
| Financial income | 75/76B | €0 | €958 | +€958 | +9578900.0% |
| Recurring financial income | 75 | €0 | €958 | +€958 | +9578900.0% |
| Financial charges | 65/66B | €12,449 | €15,508 | +€3,059 | +24.6% |
| Recurring financial charges | 65 | €12,449 | €15,508 | +€3,059 | +24.6% |
| Profit (loss) for the period before taxes | 9903 | -€27,531 | -€31,389 | -€3,858 | -14.0% |
| Income taxes | 67/77 | -€2,371 | -€444 | +€1,926 | +81.3% |
| Profit (loss) for the period | 9904 | -€25,160 | -€30,945 | -€5,784 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,160 | -€30,945 | -€5,784 | -23.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.