JGE 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.
JGE CONSTRUCT
Largest movements
- Cash +€53,756
up €53,756 (+171.2%), from €31,396 to €85,152
mainly Net result for the year (+€51,877) and Other debts (+€16,193)
- Receivables within one year +€23,502
up €23,502 (+91.6%), from €25,659 to €49,161
of which Trade receivables: +€22,473
- Stocks and contracts +€9,476
new in 2025: €9,476
- Tangible fixed assets +€2,876
up €2,876 (+10.7%), from €26,919 to €29,795
- Reserves +€51,877
up €51,877 (+98.2%), from €52,828 to €104,705
- Other debts +€16,193
up €16,193 (+3995.9%), from €405 to €16,598
- Tax, wage and social debts +€12,947
up €12,947 (+70.4%), from €18,384 to €31,331
- Trade debts +€10,198
up €10,198 (+534.0%), from €1,910 to €12,108
- Gross operating margin +€3,973
up €3,973 (+5.1%), from €77,918 to €81,891
- Depreciation +€3,659
up €3,659 (+85.5%), from €4,281 to €7,939
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.
Cash bridge derived
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 | €84,157 | €174,742 | +€90,585 | +107.6% |
| Fixed assets | 21/28 | €26,919 | €29,795 | +€2,876 | +10.7% |
| Tangible fixed assets | 22/27 | €26,919 | €29,795 | +€2,876 | +10.7% |
| Furniture and vehicles | 24 | €26,919 | €29,795 | +€2,876 | +10.7% |
| Current assets | 29/58 | €57,238 | €144,947 | +€87,709 | +153.2% |
| Stocks and contracts in progress | 3 | - | €9,476 | +€9,476 | |
| Contracts in progress | 37 | - | €9,476 | +€9,476 | |
| Amounts receivable within one year | 40/41 | €25,659 | €49,161 | +€23,502 | +91.6% |
| Trade receivables | 40 | €25,659 | €48,132 | +€22,473 | +87.6% |
| Other amounts receivable | 41 | - | €1,029 | +€1,029 | |
| Cash at bank and in hand | 54/58 | €31,396 | €85,152 | +€53,756 | +171.2% |
| Deferred charges and accrued income | 490/1 | €183 | €1,158 | +€975 | +531.9% |
| Total equity and liabilities | 10/49 | €84,157 | €174,742 | +€90,585 | +107.6% |
| Equity | 10/15 | €62,828 | €114,705 | +€51,877 | +82.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €52,828 | €104,705 | +€51,877 | +98.2% |
| Distributable reserves | 133 | €52,828 | €104,705 | +€51,877 | +98.2% |
| Amounts payable | 17/49 | €21,330 | €60,037 | +€38,708 | +181.5% |
| Amounts payable within one year | 42/48 | €20,700 | €60,037 | +€39,338 | +190.0% |
| Trade debts | 44 | €1,910 | €12,108 | +€10,198 | +534.0% |
| Suppliers | 440/4 | €1,910 | €12,108 | +€10,198 | +534.0% |
| Taxes, remuneration and social security | 45 | €18,384 | €31,331 | +€12,947 | +70.4% |
| Taxes | 450/3 | €18,384 | €31,331 | +€12,947 | +70.4% |
| Other amounts payable | 47/48 | €405 | €16,598 | +€16,193 | +3995.9% |
| Accrued charges and deferred income | 492/3 | €630 | €0 | -€630 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,281 | €7,939 | +€3,659 | +85.5% |
| Other operating charges | 640/8 | €1,043 | €1,075 | +€32 | +3.1% |
| Gross operating margin | 9900 | €77,918 | €81,891 | +€3,973 | +5.1% |
| Operating profit (loss) | 9901 | €72,595 | €72,877 | +€283 | +0.4% |
| Financial income | 75/76B | €5 | €47 | +€42 | +870.8% |
| Recurring financial income | 75 | €5 | €47 | +€42 | +870.8% |
| Financial charges | 65/66B | €1 | €796 | +€795 | +73629.6% |
| Recurring financial charges | 65 | €1 | €796 | +€795 | +73629.6% |
| Profit (loss) for the period before taxes | 9903 | €72,598 | €72,128 | -€471 | -0.6% |
| Income taxes | 67/77 | €19,771 | €20,251 | +€480 | +2.4% |
| Profit (loss) for the period | 9904 | €52,828 | €51,877 | -€951 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €52,828 | €51,877 | -€951 | -1.8% |
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 8 October 2026 via checked.be.