JEF 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.
JEF CONSTRUCT
Largest movements
- Tangible fixed assets +€11,184
up €11,184 (+1188.6%), from €941 to €12,125
of which Leasing and similar rights: +€10,887
- Receivables within one year -€10,560
down €10,560 (-15.6%), from €67,798 to €57,238
of which Trade receivables: -€9,823
- Cash -€6,645
down €6,645 (-47.8%), from €13,904 to €7,259
mainly Net result for the year (-€29,739) and Investment in fixed assets (net) (-€18,410)
- Profit (loss) carried forward -€29,739
down €29,739, from €218 to -€29,520
- Debts after one year +€8,409
new in 2024: €8,409
- Current portion of long-term debt +€7,211
new in 2024: €7,211
- Trade debts +€5,404
up €5,404 (+8.8%), from €61,366 to €66,770
- Other debts +€2,693
up €2,693 (+16.4%), from €16,466 to €19,159
- Purchases and services +€26,670
new in 2024: €26,670
- Gross operating margin -€18,224
down €18,224, from €3,186 to -€15,037
- Turnover +€11,633
new in 2024: €11,633
- Depreciation +€6,718
up €6,718 (+1322.2%), from €508 to €7,226
- Financial charges +€5,841
up €5,841 (+8493.7%), from €69 to €5,910
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,643 | €76,622 | -€6,021 | -7.3% |
| Fixed assets | 21/28 | €941 | €12,125 | +€11,184 | +1188.6% |
| Tangible fixed assets | 22/27 | €941 | €12,125 | +€11,184 | +1188.6% |
| Plant, machinery and equipment | 23 | €941 | €1,238 | +€297 | +31.6% |
| Leasing and similar rights | 25 | - | €10,887 | +€10,887 | |
| Current assets | 29/58 | €81,702 | €64,497 | -€17,206 | -21.1% |
| Amounts receivable within one year | 40/41 | €67,798 | €57,238 | -€10,560 | -15.6% |
| Trade receivables | 40 | €66,588 | €56,765 | -€9,823 | -14.8% |
| Other amounts receivable | 41 | €1,211 | €473 | -€737 | -60.9% |
| Cash at bank and in hand | 54/58 | €13,904 | €7,259 | -€6,645 | -47.8% |
| Total equity and liabilities | 10/49 | €82,643 | €76,622 | -€6,021 | -7.3% |
| Equity | 10/15 | €4,218 | -€25,520 | -€29,739 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €218 | -€29,520 | -€29,739 | |
| Amounts payable | 17/49 | €78,425 | €102,142 | +€23,717 | +30.2% |
| Amounts payable after more than one year | 17 | - | €8,409 | +€8,409 | |
| Financial debts | 170/4 | - | €8,409 | +€8,409 | |
| Amounts payable within one year | 42/48 | €78,425 | €93,733 | +€15,308 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,211 | +€7,211 | |
| Trade debts | 44 | €61,366 | €66,770 | +€5,404 | +8.8% |
| Suppliers | 440/4 | €61,366 | €66,770 | +€5,404 | +8.8% |
| Taxes, remuneration and social security | 45 | €593 | €593 | = | 0.0% |
| Taxes | 450/3 | €593 | €593 | = | 0.0% |
| Other amounts payable | 47/48 | €16,466 | €19,159 | +€2,693 | +16.4% |
| Turnover | 70 | - | €11,633 | +€11,633 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €26,670 | +€26,670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508 | €7,226 | +€6,718 | +1322.2% |
| Other operating charges | 640/8 | €1,798 | €1,565 | -€233 | -13.0% |
| Gross operating margin | 9900 | €3,186 | -€15,037 | -€18,224 | |
| Operating profit (loss) | 9901 | €880 | -€23,829 | -€24,709 | |
| Financial charges | 65/66B | €69 | €5,910 | +€5,841 | +8493.7% |
| Recurring financial charges | 65 | €69 | €5,910 | +€5,841 | +8493.7% |
| Profit (loss) for the period before taxes | 9903 | €811 | -€29,739 | -€30,550 | |
| Income taxes | 67/77 | €593 | - | -€593 | |
| Profit (loss) for the period | 9904 | €218 | -€29,739 | -€29,957 | |
| Profit (loss) for the period to be appropriated | 9905 | €218 | -€29,739 | -€29,957 |
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 9 October 2026 via checked.be.