JD CONSTRUCTION: 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.
JD CONSTRUCTION
Largest movements
- Cash -€16,809
down €16,809 (-77.2%), from €21,766 to €4,957
mainly Investment in fixed assets (net) (-€19,850) and Debts after one year (-€11,300)
- Stocks and contracts +€10,000
up €10,000 (+200%), from €5,000 to €15,000
- Receivables within one year +€6,509
up €6,509 (+78.1%), from €8,333 to €14,842
of which Trade receivables: +€5,362
- Intangible fixed assets -€3,018
down €3,018 (-22.8%), from €13,248 to €10,230
- Deferred charges and accrued income +€2,812
new in 2025: €2,812
- Debts after one year -€11,300
down €11,300 (-13.1%), from €86,380 to €75,080
- Profit (loss) carried forward +€8,598
up €8,598, from -€7,712 to €886
- Other debts -€4,800
down €4,800 (-46.3%), from €10,372 to €5,572
- Trade debts +€3,699
up €3,699 (+28.7%), from €12,889 to €16,588
- Reserves +€3,000
up €3,000 (+5.9%), from €51,000 to €54,000
of which Distributable reserves: +€3,000
- Gross operating margin +€30,715
up €30,715 (+31.7%), from €96,968 to €127,684
- Depreciation +€3,451
up €3,451 (+18.7%), from €18,486 to €21,937
- Taxes +€3,026
new in 2025: €3,026
- Staff costs +€1,470
up €1,470 (+1.8%), from €80,538 to €82,008
- Financial charges +€1,389
up €1,389 (+23.0%), from €6,030 to €7,419
of which Non-recurring financial charges: +€3,068
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 | €171,626 | €172,051 | +€425 | +0.2% |
| Fixed assets | 21/28 | €136,526 | €134,439 | -€2,087 | -1.5% |
| Intangible fixed assets | 21 | €13,248 | €10,230 | -€3,018 | -22.8% |
| Tangible fixed assets | 22/27 | €123,278 | €124,210 | +€932 | +0.8% |
| Land and buildings | 22 | €75,000 | €75,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €40,172 | €45,241 | +€5,070 | +12.6% |
| Furniture and vehicles | 24 | €8,107 | €3,968 | -€4,138 | -51.0% |
| Current assets | 29/58 | €35,099 | €37,612 | +€2,512 | +7.2% |
| Stocks and contracts in progress | 3 | €5,000 | €15,000 | +€10,000 | +200% |
| Contracts in progress | 37 | €5,000 | €15,000 | +€10,000 | +200% |
| Amounts receivable within one year | 40/41 | €8,333 | €14,842 | +€6,509 | +78.1% |
| Trade receivables | 40 | €3,753 | €9,115 | +€5,362 | +143% |
| Other amounts receivable | 41 | €4,581 | €5,727 | +€1,147 | +25.0% |
| Cash at bank and in hand | 54/58 | €21,766 | €4,957 | -€16,809 | -77.2% |
| Deferred charges and accrued income | 490/1 | - | €2,812 | +€2,812 | |
| Total equity and liabilities | 10/49 | €171,626 | €172,051 | +€425 | +0.2% |
| Equity | 10/15 | €48,288 | €59,886 | +€11,598 | +24.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,000 | €54,000 | +€3,000 | +5.9% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €50,500 | €53,500 | +€3,000 | +5.9% |
| Profit (loss) carried forward | 14 | -€7,712 | €886 | +€8,598 | |
| Amounts payable | 17/49 | €123,338 | €112,165 | -€11,172 | -9.1% |
| Amounts payable after more than one year | 17 | €86,380 | €75,080 | -€11,300 | -13.1% |
| Financial debts | 170/4 | €86,380 | €75,080 | -€11,300 | -13.1% |
| Amounts payable within one year | 42/48 | €36,958 | €37,085 | +€127 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €10,816 | €11,300 | +€484 | +4.5% |
| Trade debts | 44 | €12,889 | €16,588 | +€3,699 | +28.7% |
| Suppliers | 440/4 | €12,889 | €16,588 | +€3,699 | +28.7% |
| Taxes, remuneration and social security | 45 | €2,880 | €3,626 | +€745 | +25.9% |
| Taxes | 450/3 | €2,880 | €3,626 | +€745 | +25.9% |
| Other amounts payable | 47/48 | €10,372 | €5,572 | -€4,800 | -46.3% |
| Remuneration, social security and pensions | 62 | €80,538 | €82,008 | +€1,470 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,486 | €21,937 | +€3,451 | +18.7% |
| Gross operating margin | 9900 | €96,968 | €127,684 | +€30,715 | +31.7% |
| Operating profit (loss) | 9901 | -€2,056 | €23,739 | +€25,795 | |
| Financial income | 75/76B | €96 | €4 | -€92 | -96.2% |
| Recurring financial income | 75 | €96 | €4 | -€92 | -96.2% |
| Financial charges | 65/66B | €6,030 | €7,419 | +€1,389 | +23.0% |
| Recurring financial charges | 65 | €6,030 | €4,351 | -€1,680 | -27.9% |
| Non-recurring financial charges | 66B | - | €3,068 | +€3,068 | |
| Profit (loss) for the period before taxes | 9903 | -€7,990 | €16,323 | +€24,313 | |
| Income taxes | 67/77 | - | €3,026 | +€3,026 | |
| Profit (loss) for the period | 9904 | -€7,990 | €13,298 | +€21,288 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,990 | €13,298 | +€21,288 |
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 30 October 2026 via checked.be.