JIA REL 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.
JIA REL CONSTRUCT
Largest movements
- Tangible fixed assets +€31,791
up €31,791 (+165.8%), from €19,169 to €50,960
of which Plant, machinery and equipment: +€20,361
- Receivables within one year +€5,580
up €5,580 (+9.4%), from €59,570 to €65,150
of which Trade receivables: +€4,063
- Deferred charges and accrued income +€1,742
up €1,742 (+149.9%), from €1,162 to €2,904
- Cash +€1,392
up €1,392 (+40.2%), from €3,463 to €4,855
mainly Trade debts (+€31,315) and Depreciation (+€15,619)
- Trade debts +€31,315
up €31,315 (+72.2%), from €43,402 to €74,717
- Profit (loss) carried forward +€14,749
up €14,749 (+46.4%), from €31,777 to €46,526
- Tax, wage and social debts -€5,559
down €5,559 (-67.9%), from €8,186 to €2,627
- Gross operating margin +€27,772
up €27,772 (+346.3%), from €8,019 to €35,791
- Depreciation +€14,788
up €14,788 (+1780.5%), from €831 to €15,619
- Taxes +€1,637
up €1,637 (+165.2%), from €991 to €2,627
- Other operating charges +€1,110
up €1,110 (+81.5%), from €1,363 to €2,474
- Financial charges -€686
down €686 (-68.1%), from €1,008 to €322
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 | €83,364 | €123,869 | +€40,505 | +48.6% |
| Fixed assets | 21/28 | €19,169 | €50,960 | +€31,791 | +165.8% |
| Tangible fixed assets | 22/27 | €19,169 | €50,960 | +€31,791 | +165.8% |
| Plant, machinery and equipment | 23 | - | €20,361 | +€20,361 | |
| Furniture and vehicles | 24 | €19,169 | €30,600 | +€11,430 | +59.6% |
| Current assets | 29/58 | €64,195 | €72,909 | +€8,714 | +13.6% |
| Amounts receivable within one year | 40/41 | €59,570 | €65,150 | +€5,580 | +9.4% |
| Trade receivables | 40 | €26,906 | €30,969 | +€4,063 | +15.1% |
| Other amounts receivable | 41 | €32,664 | €34,181 | +€1,517 | +4.6% |
| Cash at bank and in hand | 54/58 | €3,463 | €4,855 | +€1,392 | +40.2% |
| Deferred charges and accrued income | 490/1 | €1,162 | €2,904 | +€1,742 | +149.9% |
| Total equity and liabilities | 10/49 | €83,364 | €123,869 | +€40,505 | +48.6% |
| Equity | 10/15 | €31,777 | €46,526 | +€14,749 | +46.4% |
| Profit (loss) carried forward | 14 | €31,777 | €46,526 | +€14,749 | +46.4% |
| Amounts payable | 17/49 | €51,588 | €77,344 | +€25,756 | +49.9% |
| Amounts payable within one year | 42/48 | €51,588 | €77,344 | +€25,756 | +49.9% |
| Trade debts | 44 | €43,402 | €74,717 | +€31,315 | +72.2% |
| Suppliers | 440/4 | €43,402 | €74,717 | +€31,315 | +72.2% |
| Taxes, remuneration and social security | 45 | €8,186 | €2,627 | -€5,559 | -67.9% |
| Taxes | 450/3 | €8,186 | €2,627 | -€5,559 | -67.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €831 | €15,619 | +€14,788 | +1780.5% |
| Other operating charges | 640/8 | €1,363 | €2,474 | +€1,110 | +81.5% |
| Gross operating margin | 9900 | €8,019 | €35,791 | +€27,772 | +346.3% |
| Operating profit (loss) | 9901 | €5,825 | €17,698 | +€11,873 | +203.8% |
| Financial charges | 65/66B | €1,008 | €322 | -€686 | -68.1% |
| Recurring financial charges | 65 | €1,008 | €322 | -€686 | -68.1% |
| Profit (loss) for the period before taxes | 9903 | €4,817 | €17,376 | +€12,559 | +260.7% |
| Income taxes | 67/77 | €991 | €2,627 | +€1,637 | +165.2% |
| Profit (loss) for the period | 9904 | €3,826 | €14,749 | +€10,923 | +285.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,826 | €14,749 | +€10,923 | +285.5% |
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 6 October 2026 via checked.be.