JBL 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.
JBL CONSTRUCT
Largest movements
- Stocks and contracts +€36,502
up €36,502 (+195.8%), from €18,640 to €55,142
of which Contracts in progress: +€26,950
- Cash +€19,016
up €19,016 (+33.2%), from €57,213 to €76,229
mainly Net result for the year (+€27,267) and Trade debts (+€25,580)
- Tangible fixed assets -€4,683
down €4,683 (-10.0%), from €46,861 to €42,178
of which Assets under construction and advance payments: -€10,802
- Receivables within one year +€4,593
up €4,593 (+52.7%), from €8,718 to €13,311
of which Other amounts receivable: +€4,753
- Reserves +€27,267
up €27,267 (+40.7%), from €67,058 to €94,325
- Trade debts +€25,580
up €25,580 (+393.3%), from €6,505 to €32,085
- Gross operating margin -€53,370
down €53,370 (-50.7%), from €105,258 to €51,888
- Taxes -€14,893
down €14,893 (-58.7%), from €25,372 to €10,479
- Financial charges +€1,573
up €1,573 (+1035.0%), from €152 to €1,725
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 | €132,736 | €186,999 | +€54,263 | +40.9% |
| Fixed assets | 21/28 | €46,861 | €42,178 | -€4,683 | -10.0% |
| Tangible fixed assets | 22/27 | €46,861 | €42,178 | -€4,683 | -10.0% |
| Plant, machinery and equipment | 23 | €22,264 | €32,439 | +€10,174 | +45.7% |
| Furniture and vehicles | 24 | €13,795 | €9,740 | -€4,055 | -29.4% |
| Assets under construction and advance payments | 27 | €10,802 | €0 | -€10,802 | -100.0% |
| Current assets | 29/58 | €85,875 | €144,821 | +€58,946 | +68.6% |
| Stocks and contracts in progress | 3 | €18,640 | €55,142 | +€36,502 | +195.8% |
| Stocks | 30/36 | €11,340 | €20,892 | +€9,552 | +84.2% |
| Contracts in progress | 37 | €7,300 | €34,250 | +€26,950 | +369.2% |
| Amounts receivable within one year | 40/41 | €8,718 | €13,311 | +€4,593 | +52.7% |
| Trade receivables | 40 | €5,535 | €5,376 | -€160 | -2.9% |
| Other amounts receivable | 41 | €3,183 | €7,936 | +€4,753 | +149.3% |
| Cash at bank and in hand | 54/58 | €57,213 | €76,229 | +€19,016 | +33.2% |
| Deferred charges and accrued income | 490/1 | €1,304 | €139 | -€1,165 | -89.4% |
| Total equity and liabilities | 10/49 | €132,736 | €186,999 | +€54,263 | +40.9% |
| Equity | 10/15 | €77,058 | €104,325 | +€27,267 | +35.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €67,058 | €94,325 | +€27,267 | +40.7% |
| Distributable reserves | 133 | €67,058 | €94,325 | +€27,267 | +40.7% |
| Amounts payable | 17/49 | €55,678 | €82,674 | +€26,996 | +48.5% |
| Amounts payable within one year | 42/48 | €55,678 | €81,019 | +€25,341 | +45.5% |
| Trade debts | 44 | €6,505 | €32,085 | +€25,580 | +393.3% |
| Suppliers | 440/4 | €6,505 | €32,085 | +€25,580 | +393.3% |
| Taxes, remuneration and social security | 45 | €25,372 | €26,851 | +€1,479 | +5.8% |
| Taxes | 450/3 | €25,372 | €26,851 | +€1,479 | +5.8% |
| Other amounts payable | 47/48 | €23,801 | €22,083 | -€1,718 | -7.2% |
| Accrued charges and deferred income | 492/3 | - | €1,655 | +€1,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,054 | €11,994 | -€60 | -0.5% |
| Other operating charges | 640/8 | €623 | €452 | -€171 | -27.4% |
| Gross operating margin | 9900 | €105,258 | €51,888 | -€53,370 | -50.7% |
| Operating profit (loss) | 9901 | €92,581 | €39,442 | -€53,139 | -57.4% |
| Financial income | 75/76B | €1 | €29 | +€28 | +2631.4% |
| Recurring financial income | 75 | €1 | €29 | +€28 | +2631.4% |
| Financial charges | 65/66B | €152 | €1,725 | +€1,573 | +1035.0% |
| Recurring financial charges | 65 | €152 | €1,725 | +€1,573 | +1035.0% |
| Profit (loss) for the period before taxes | 9903 | €92,430 | €37,746 | -€54,684 | -59.2% |
| Income taxes | 67/77 | €25,372 | €10,479 | -€14,893 | -58.7% |
| Profit (loss) for the period | 9904 | €67,058 | €27,267 | -€39,792 | -59.3% |
| Profit (loss) for the period to be appropriated | 9905 | €67,058 | €27,267 | -€39,792 | -59.3% |
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 11 October 2026 via checked.be.