JDF 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.
JDF CONSTRUCT
Largest movements
- Tangible fixed assets -€41,846
down €41,846 (-50.2%), from €83,320 to €41,473
of which Leasing and similar rights: -€36,803
- Stocks and contracts +€21,075
new in 2023: €21,075
- Tax, wage and social debts +€153,811
up €153,811 (+585.2%), from €26,283 to €180,094
of which Remuneration and social security: +€110,190
- Trade debts -€140,386
down €140,386 (-29.3%), from €478,817 to €338,432
- Profit (loss) carried forward -€81,959
down €81,959 (-33.9%), from -€241,797 to -€323,756
- Other debts +€58,342
new in 2023: €58,342
- Debts after one year -€13,860
down €13,860 (-30.9%), from €44,875 to €31,015
- Purchases and services -€729,868
down €729,868 (-43.4%), from €1.7m to €952,569
- Turnover -€584,563
down €584,563 (-30.7%), from €1.9m to €1.3m
- Gross operating margin +€208,406
up €208,406 (+93.5%), from €222,864 to €431,270
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €329,799 | €308,087 | -€21,711 | -6.6% |
| Fixed assets | 21/28 | €83,580 | €41,473 | -€42,106 | -50.4% |
| Tangible fixed assets | 22/27 | €83,320 | €41,473 | -€41,846 | -50.2% |
| Plant, machinery and equipment | 23 | €25,996 | €20,105 | -€5,890 | -22.7% |
| Furniture and vehicles | 24 | €1,493 | €2,340 | +€847 | +56.7% |
| Leasing and similar rights | 25 | €55,831 | €19,028 | -€36,803 | -65.9% |
| Financial fixed assets | 28 | €260 | - | -€260 | |
| Current assets | 29/58 | €246,219 | €266,614 | +€20,395 | +8.3% |
| Stocks and contracts in progress | 3 | - | €21,075 | +€21,075 | |
| Stocks | 30/36 | - | €21,075 | +€21,075 | |
| Amounts receivable within one year | 40/41 | €163,428 | €166,023 | +€2,595 | +1.6% |
| Trade receivables | 40 | €101,882 | €111,630 | +€9,748 | +9.6% |
| Other amounts receivable | 41 | €61,545 | €54,393 | -€7,152 | -11.6% |
| Cash at bank and in hand | 54/58 | €65,129 | €63,501 | -€1,628 | -2.5% |
| Deferred charges and accrued income | 490/1 | €17,662 | €16,015 | -€1,648 | -9.3% |
| Total equity and liabilities | 10/49 | €329,799 | €308,087 | -€21,711 | -6.6% |
| Equity | 10/15 | -€231,797 | -€313,756 | -€81,959 | -35.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€241,797 | -€323,756 | -€81,959 | -33.9% |
| Amounts payable | 17/49 | €561,596 | €621,843 | +€60,248 | +10.7% |
| Amounts payable after more than one year | 17 | €44,875 | €31,015 | -€13,860 | -30.9% |
| Financial debts | 170/4 | €44,875 | €31,015 | -€13,860 | -30.9% |
| Amounts payable within one year | 42/48 | €516,721 | €590,828 | +€74,108 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €11,527 | €13,961 | +€2,433 | +21.1% |
| Financial debts | 43 | €92 | - | -€92 | |
| Credit institutions | 430/8 | €92 | - | -€92 | |
| Trade debts | 44 | €478,817 | €338,432 | -€140,386 | -29.3% |
| Suppliers | 440/4 | €478,817 | €338,432 | -€140,386 | -29.3% |
| Taxes, remuneration and social security | 45 | €26,283 | €180,094 | +€153,811 | +585.2% |
| Taxes | 450/3 | €142 | €43,763 | +€43,621 | +30647.5% |
| Remuneration and social security | 454/9 | €26,141 | €136,331 | +€110,190 | +421.5% |
| Other amounts payable | 47/48 | - | €58,342 | +€58,342 | |
| Turnover | 70 | €1,905,301 | €1,320,738 | -€584,563 | -30.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,682,437 | €952,569 | -€729,868 | -43.4% |
| Remuneration, social security and pensions | 62 | €465,440 | €456,466 | -€8,974 | -1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,500 | €20,718 | -€3,782 | -15.4% |
| Other operating charges | 640/8 | €8,796 | €26,244 | +€17,448 | +198.4% |
| Gross operating margin | 9900 | €222,864 | €431,270 | +€208,406 | +93.5% |
| Operating profit (loss) | 9901 | -€275,872 | -€72,158 | +€203,714 | +73.8% |
| Financial income | 75/76B | €1,193 | €1,329 | +€135 | +11.3% |
| Recurring financial income | 75 | €1,193 | €1,329 | +€135 | +11.3% |
| Financial charges | 65/66B | €4,453 | €10,697 | +€6,244 | +140.2% |
| Recurring financial charges | 65 | €2,453 | €10,697 | +€8,244 | +336.0% |
| Non-recurring financial charges | 66B | €2,000 | - | -€2,000 | |
| Profit (loss) for the period before taxes | 9903 | -€279,132 | -€81,526 | +€197,606 | +70.8% |
| Income taxes | 67/77 | -€251 | €432 | +€684 | |
| Profit (loss) for the period | 9904 | -€278,881 | -€81,959 | +€196,922 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€278,881 | -€81,959 | +€196,922 | +70.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.