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Jens-Construct: what changed

Two fiscal 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.

What changed

Jens-Construct

BE 0803.438.429
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€28,908
2024 · €38,920-€10,012
Equity
€95,456
2024 · €66,548+€28,908
Cash
€32,658
2024 · €29,556+€3,102
Balance sheet total
€157,913
2024 · €93,314+€64,599

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€31,250

    up €31,250 (+90.5%), from €34,525 to €65,775

    of which Plant, machinery and equipment: +€41,733

  • Stocks and contracts +€22,820

    up €22,820 (+290.3%), from €7,860 to €30,680

  • Receivables within one year +€7,450

    up €7,450 (+62.4%), from €11,937 to €19,387

    of which Trade receivables: +€6,806

  • Cash +€3,102

    up €3,102 (+10.5%), from €29,556 to €32,658

    mainly Net result for the year (+€28,908) and Other debts (+€25,158)

Equity and liabilities
  • Profit (loss) carried forward +€28,908

    up €28,908 (+45.5%), from €63,548 to €92,456

  • Other debts +€25,158

    up €25,158 (+469.0%), from €5,365 to €30,523

  • Debts after one year +€11,149

    up €11,149 (+305.2%), from €3,653 to €14,803

  • Current portion of long-term debt +€3,778

    up €3,778 (+98.5%), from €3,835 to €7,613

  • Trade debts -€3,694

    down €3,694 (-31.6%), from €11,686 to €7,992

Income statement
  • Gross operating margin -€8,126

    down €8,126 (-12.3%), from €65,968 to €57,842

  • Depreciation +€5,219

    up €5,219 (+37.5%), from €13,934 to €19,152

  • Taxes -€3,034

    down €3,034 (-30.5%), from €9,960 to €6,926

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €38,920
Gross operating margin -€8,126
Depreciation -€5,219
Other operating charges -€209
Other operating items +€106
Financial income -€45
Financial charges +€448
Taxes +€3,034
Result 2025 €28,908

Cash bridge derived

cash 2024 to 2025

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.

From operations +€38,476
Investment -€50,302
Financing +€14,928
Cash 2024 €29,556
Net result for the year +€28,908
Depreciation +€19,152
Stocks and contracts -€22,820
Receivables within one year -€7,450
Deferred charges and accrued income -€77
Trade debts -€3,694
Tax, wage and social debts -€700
Other debts +€25,158
Investment in fixed assets (net) -€50,302
Debts after one year +€11,149
Current portion of long-term debt +€3,778
Cash 2025 €32,658
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €93,314 €157,913 +€64,599 +69.2%
Fixed assets 21/28 €40,725 €71,874 +€31,150 +76.5%
Intangible fixed assets 21 €349 €249 -€100 -28.6%
Tangible fixed assets 22/27 €34,525 €65,775 +€31,250 +90.5%
Plant, machinery and equipment 23 €13,395 €55,128 +€41,733 +311.6%
Furniture and vehicles 24 €21,131 €10,647 -€10,483 -49.6%
Financial fixed assets 28 €5,850 €5,850 = 0.0%
Current assets 29/58 €52,589 €86,039 +€33,450 +63.6%
Stocks and contracts in progress 3 €7,860 €30,680 +€22,820 +290.3%
Stocks 30/36 €7,860 €30,680 +€22,820 +290.3%
Amounts receivable within one year 40/41 €11,937 €19,387 +€7,450 +62.4%
Trade receivables 40 €1,105 €7,911 +€6,806 +616.0%
Other amounts receivable 41 €10,832 €11,476 +€644 +5.9%
Cash at bank and in hand 54/58 €29,556 €32,658 +€3,102 +10.5%
Deferred charges and accrued income 490/1 €3,237 €3,314 +€77 +2.4%
Total equity and liabilities 10/49 €93,314 €157,913 +€64,599 +69.2%
Equity 10/15 €66,548 €95,456 +€28,908 +43.4%
Contributions 10/11 €3,000 €3,000 = 0.0%
Profit (loss) carried forward 14 €63,548 €92,456 +€28,908 +45.5%
Amounts payable 17/49 €26,766 €62,457 +€35,691 +133.3%
Amounts payable after more than one year 17 €3,653 €14,803 +€11,149 +305.2%
Financial debts 170/4 €3,653 €14,803 +€11,149 +305.2%
Amounts payable within one year 42/48 €23,047 €47,589 +€24,542 +106.5%
Current portion of amounts payable after more than one year 42 €3,835 €7,613 +€3,778 +98.5%
Trade debts 44 €11,686 €7,992 -€3,694 -31.6%
Suppliers 440/4 €11,686 €7,992 -€3,694 -31.6%
Taxes, remuneration and social security 45 €2,162 €1,461 -€700 -32.4%
Taxes 450/3 €2,162 €1,461 -€700 -32.4%
Other amounts payable 47/48 €5,365 €30,523 +€25,158 +469.0%
Accrued charges and deferred income 492/3 €65 €65 = 0.0%
Non-recurring operating income 76A - €1,607 +€1,607
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €13,934 €19,152 +€5,219 +37.5%
Other operating charges 640/8 €938 €1,147 +€209 +22.3%
Non-recurring operating charges 66A €106 €0 -€106 -100.0%
Gross operating margin 9900 €65,968 €57,842 -€8,126 -12.3%
Operating profit (loss) 9901 €50,990 €37,542 -€13,448 -26.4%
Financial income 75/76B €64 €19 -€45 -70.7%
Recurring financial income 75 €64 €19 -€45 -70.7%
Financial charges 65/66B €2,174 €1,727 -€448 -20.6%
Recurring financial charges 65 €2,174 €1,727 -€448 -20.6%
Profit (loss) for the period before taxes 9903 €48,880 €35,834 -€13,045 -26.7%
Income taxes 67/77 €9,960 €6,926 -€3,034 -30.5%
Profit (loss) for the period 9904 €38,920 €28,908 -€10,012 -25.7%
Profit (loss) for the period to be appropriated 9905 €38,920 €28,908 -€10,012 -25.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.