JF Konstrukt & Solutions: what changed
JF Konstrukt & Solutions
Largest movements
- Receivables within one year -€157,679
down €157,679 (-35.7%), from €441,204 to €283,525
of which Trade receivables: -€158,557
- Stocks and contracts +€19,800
up €19,800 (+45.8%), from €43,200 to €63,000
- Cash -€12,821
down €12,821 (-62.8%), from €20,422 to €7,601
mainly Trade debts (-€150,367) and Advances received (-€30,226)
- Tangible fixed assets -€8,867
down €8,867 (-66.0%), from €13,446 to €4,578
of which Plant, machinery and equipment: -€6,387
- Trade debts -€150,367
down €150,367 (-45.3%), from €331,776 to €181,409
- Advances received -€30,226
down €30,226 (-68.9%), from €43,893 to €13,666
- Tax, wage and social debts +€19,003
up €19,003 (+33.4%), from €56,825 to €75,829
of which Remuneration and social security: +€18,436
- Profit (loss) carried forward +€8,794
up €8,794 (+127%), from €6,912 to €15,706
- Write-downs +€15,474
new in 2024: €15,474
- Gross operating margin +€11,207
up €11,207 (+14.8%), from €75,826 to €87,033
- Other operating charges -€9,521
down €9,521 (-73.1%), from €13,020 to €3,499
- Staff costs +€8,738
up €8,738 (+22.9%), from €38,214 to €46,952
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €519,146 | €358,704 | -€160,442 | -30.9% |
| Fixed assets | 21/28 | €13,446 | €4,578 | -€8,867 | -66.0% |
| Tangible fixed assets | 22/27 | €13,446 | €4,578 | -€8,867 | -66.0% |
| Plant, machinery and equipment | 23 | €8,485 | €2,098 | -€6,387 | -75.3% |
| Furniture and vehicles | 24 | €4,961 | €2,481 | -€2,481 | -50.0% |
| Current assets | 29/58 | €505,701 | €354,126 | -€151,575 | -30.0% |
| Stocks and contracts in progress | 3 | €43,200 | €63,000 | +€19,800 | +45.8% |
| Contracts in progress | 37 | €43,200 | €63,000 | +€19,800 | +45.8% |
| Amounts receivable within one year | 40/41 | €441,204 | €283,525 | -€157,679 | -35.7% |
| Trade receivables | 40 | €413,854 | €255,297 | -€158,557 | -38.3% |
| Other amounts receivable | 41 | €27,349 | €28,228 | +€879 | +3.2% |
| Cash at bank and in hand | 54/58 | €20,422 | €7,601 | -€12,821 | -62.8% |
| Deferred charges and accrued income | 490/1 | €875 | - | -€875 | |
| Total equity and liabilities | 10/49 | €519,146 | €358,704 | -€160,442 | -30.9% |
| Equity | 10/15 | €14,972 | €23,766 | +€8,794 | +58.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,912 | €15,706 | +€8,794 | +127% |
| Amounts payable | 17/49 | €504,174 | €334,938 | -€169,237 | -33.6% |
| Amounts payable within one year | 42/48 | €497,462 | €332,050 | -€165,412 | -33.3% |
| Trade debts | 44 | €331,776 | €181,409 | -€150,367 | -45.3% |
| Suppliers | 440/4 | €331,776 | €181,409 | -€150,367 | -45.3% |
| Advances received on contracts in progress | 46 | €43,893 | €13,666 | -€30,226 | -68.9% |
| Taxes, remuneration and social security | 45 | €56,825 | €75,829 | +€19,003 | +33.4% |
| Taxes | 450/3 | €36,506 | €37,073 | +€567 | +1.6% |
| Remuneration and social security | 454/9 | €20,319 | €38,756 | +€18,436 | +90.7% |
| Other amounts payable | 47/48 | €64,969 | €61,146 | -€3,822 | -5.9% |
| Accrued charges and deferred income | 492/3 | €6,712 | €2,888 | -€3,825 | -57.0% |
| Remuneration, social security and pensions | 62 | €38,214 | €46,952 | +€8,738 | +22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,239 | €8,867 | -€372 | -4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €15,474 | +€15,474 | |
| Other operating charges | 640/8 | €13,020 | €3,499 | -€9,521 | -73.1% |
| Gross operating margin | 9900 | €75,826 | €87,033 | +€11,207 | +14.8% |
| Operating profit (loss) | 9901 | €15,354 | €12,241 | -€3,113 | -20.3% |
| Financial income | 75/76B | €94 | €3 | -€91 | -96.7% |
| Recurring financial income | 75 | €94 | €3 | -€91 | -96.7% |
| Financial charges | 65/66B | €423 | €281 | -€143 | -33.7% |
| Recurring financial charges | 65 | €423 | €281 | -€143 | -33.7% |
| Profit (loss) for the period before taxes | 9903 | €15,024 | €11,963 | -€3,061 | -20.4% |
| Income taxes | 67/77 | €3,977 | €3,169 | -€808 | -20.3% |
| Profit (loss) for the period | 9904 | €11,047 | €8,794 | -€2,252 | -20.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,047 | €8,794 | -€2,252 | -20.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.