JEMA CONSTRUCTIONS: 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.
JEMA CONSTRUCTIONS
Largest movements
- Cash +€106,993
up €106,993 (+85.3%), from €125,468 to €232,461
mainly Net result for the year (+€56,922) and Depreciation (+€56,811)
- Stocks and contracts +€46,242
up €46,242 (+113%), from €40,793 to €87,035
- Tangible fixed assets -€37,744
down €37,744 (-31.4%), from €120,235 to €82,491
of which Plant, machinery and equipment: -€22,969
- Receivables within one year -€22,483
down €22,483 (-32.1%), from €69,944 to €47,462
of which Trade receivables: -€14,751
- Reserves +€56,000
up €56,000 (+48.7%), from €115,000 to €171,000
- Trade debts +€53,314
up €53,314 (+1,715%), from €3,109 to €56,422
- Debts after one year -€16,612
down €16,612 (-35.1%), from €47,335 to €30,723
- Gross operating margin +€43,574
up €43,574 (+28.3%), from €154,174 to €197,748
- Taxes +€15,614
up €15,614 (+79.1%), from €19,734 to €35,348
- Depreciation +€8,535
up €8,535 (+17.7%), from €48,276 to €56,811
- Staff costs +€2,318
up €2,318 (+5.9%), from €38,963 to €41,281
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 | €361,010 | €453,126 | +€92,116 | +25.5% |
| Fixed assets | 21/28 | €121,535 | €83,391 | -€38,144 | -31.4% |
| Intangible fixed assets | 21 | €1,300 | €900 | -€400 | -30.8% |
| Tangible fixed assets | 22/27 | €120,235 | €82,491 | -€37,744 | -31.4% |
| Plant, machinery and equipment | 23 | €42,320 | €19,351 | -€22,969 | -54.3% |
| Furniture and vehicles | 24 | €77,915 | €63,140 | -€14,775 | -19.0% |
| Current assets | 29/58 | €239,475 | €369,735 | +€130,260 | +54.4% |
| Stocks and contracts in progress | 3 | €40,793 | €87,035 | +€46,242 | +113% |
| Stocks | 30/36 | €40,793 | €87,035 | +€46,242 | +113% |
| Amounts receivable within one year | 40/41 | €69,944 | €47,462 | -€22,483 | -32.1% |
| Trade receivables | 40 | €55,677 | €40,926 | -€14,751 | -26.5% |
| Other amounts receivable | 41 | €14,268 | €6,536 | -€7,732 | -54.2% |
| Current investments | 50/53 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €125,468 | €232,461 | +€106,993 | +85.3% |
| Deferred charges and accrued income | 490/1 | €1,270 | €777 | -€493 | -38.8% |
| Total equity and liabilities | 10/49 | €361,010 | €453,126 | +€92,116 | +25.5% |
| Equity | 10/15 | €199,264 | €256,186 | +€56,922 | +28.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €115,000 | €171,000 | +€56,000 | +48.7% |
| Distributable reserves | 133 | €115,000 | €171,000 | +€56,000 | +48.7% |
| Profit (loss) carried forward | 14 | €34,264 | €35,186 | +€922 | +2.7% |
| Amounts payable | 17/49 | €161,746 | €196,940 | +€35,194 | +21.8% |
| Amounts payable after more than one year | 17 | €47,335 | €30,723 | -€16,612 | -35.1% |
| Financial debts | 170/4 | €47,335 | €30,723 | -€16,612 | -35.1% |
| Amounts payable within one year | 42/48 | €114,411 | €166,217 | +€51,806 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €15,963 | €16,612 | +€649 | +4.1% |
| Trade debts | 44 | €3,109 | €56,422 | +€53,314 | +1,715% |
| Suppliers | 440/4 | €3,109 | €56,422 | +€53,314 | +1,715% |
| Taxes, remuneration and social security | 45 | €14,753 | €15,103 | +€349 | +2.4% |
| Taxes | 450/3 | €8,568 | €8,681 | +€113 | +1.3% |
| Remuneration and social security | 454/9 | €6,185 | €6,422 | +€236 | +3.8% |
| Other amounts payable | 47/48 | €80,586 | €78,080 | -€2,506 | -3.1% |
| Remuneration, social security and pensions | 62 | €38,963 | €41,281 | +€2,318 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,276 | €56,811 | +€8,535 | +17.7% |
| Other operating charges | 640/8 | €4,404 | €4,868 | +€464 | +10.5% |
| Gross operating margin | 9900 | €154,174 | €197,748 | +€43,574 | +28.3% |
| Operating profit (loss) | 9901 | €62,532 | €94,788 | +€32,257 | +51.6% |
| Financial charges | 65/66B | €2,103 | €2,519 | +€415 | +19.7% |
| Recurring financial charges | 65 | €2,103 | €2,519 | +€415 | +19.7% |
| Profit (loss) for the period before taxes | 9903 | €60,429 | €92,270 | +€31,841 | +52.7% |
| Income taxes | 67/77 | €19,734 | €35,348 | +€15,614 | +79.1% |
| Profit (loss) for the period | 9904 | €40,695 | €56,922 | +€16,227 | +39.9% |
| Profit (loss) for the period to be appropriated | 9905 | €40,695 | €56,922 | +€16,227 | +39.9% |
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 14 October 2026 via checked.be.