JEM'S 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.
JEM'S CONSTRUCT
Largest movements
- Receivables within one year +€13,480
up €13,480 (+33.3%), from €40,427 to €53,907
of which Trade receivables: +€8,702
- Tangible fixed assets +€7,207
up €7,207 (+58.6%), from €12,297 to €19,504
- Cash +€6,709
up €6,709 (+113.1%), from €5,932 to €12,641
mainly Net result for the year (+€21,102) and Other debts (+€13,304)
- Profit (loss) carried forward +€21,102
up €21,102, from -€2,341 to €18,761
- Other debts +€13,304
up €13,304 (+158.1%), from €8,415 to €21,719
- Trade debts -€12,228
down €12,228 (-25.7%), from €47,582 to €35,354
- Tax, wage and social debts +€5,218
new in 2024: €5,218
- Gross operating margin +€32,129
up €32,129 (+523.2%), from €6,141 to €38,271
- Taxes +€5,218
new in 2024: €5,218
- Depreciation +€3,339
up €3,339 (+54.3%), from €6,148 to €9,487
- Other operating charges +€1,023
up €1,023 (+109.2%), from €937 to €1,960
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 | €58,656 | €86,052 | +€27,397 | +46.7% |
| Fixed assets | 21/28 | €12,297 | €19,504 | +€7,207 | +58.6% |
| Tangible fixed assets | 22/27 | €12,297 | €19,504 | +€7,207 | +58.6% |
| Furniture and vehicles | 24 | €12,297 | €19,504 | +€7,207 | +58.6% |
| Current assets | 29/58 | €46,359 | €66,549 | +€20,190 | +43.6% |
| Amounts receivable within one year | 40/41 | €40,427 | €53,907 | +€13,480 | +33.3% |
| Trade receivables | 40 | €35,577 | €44,279 | +€8,702 | +24.5% |
| Other amounts receivable | 41 | €4,850 | €9,628 | +€4,778 | +98.5% |
| Cash at bank and in hand | 54/58 | €5,932 | €12,641 | +€6,709 | +113.1% |
| Total equity and liabilities | 10/49 | €58,656 | €86,052 | +€27,397 | +46.7% |
| Equity | 10/15 | €2,659 | €23,761 | +€21,102 | +793.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,341 | €18,761 | +€21,102 | |
| Amounts payable | 17/49 | €55,997 | €62,291 | +€6,294 | +11.2% |
| Amounts payable within one year | 42/48 | €55,997 | €62,291 | +€6,294 | +11.2% |
| Trade debts | 44 | €47,582 | €35,354 | -€12,228 | -25.7% |
| Suppliers | 440/4 | €47,582 | €35,354 | -€12,228 | -25.7% |
| Taxes, remuneration and social security | 45 | - | €5,218 | +€5,218 | |
| Taxes | 450/3 | - | €5,218 | +€5,218 | |
| Other amounts payable | 47/48 | €8,415 | €21,719 | +€13,304 | +158.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,148 | €9,487 | +€3,339 | +54.3% |
| Other operating charges | 640/8 | €937 | €1,960 | +€1,023 | +109.2% |
| Gross operating margin | 9900 | €6,141 | €38,271 | +€32,129 | +523.2% |
| Operating profit (loss) | 9901 | -€944 | €26,824 | +€27,767 | |
| Financial charges | 65/66B | €229 | €504 | +€274 | +119.8% |
| Recurring financial charges | 65 | €229 | €504 | +€274 | +119.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,173 | €26,320 | +€27,493 | |
| Income taxes | 67/77 | - | €5,218 | +€5,218 | |
| Profit (loss) for the period | 9904 | -€1,173 | €21,102 | +€22,275 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,173 | €21,102 | +€22,275 |
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 10 October 2026 via checked.be.