JM-RENOVATION-CONSTRUCT: 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.
JM-RENOVATION-CONSTRUCT
Largest movements
- Receivables within one year +€56,728
up €56,728 (+407.7%), from €13,913 to €70,641
of which Other amounts receivable: +€53,236
- Cash -€33,912
down €33,912 (-88.0%), from €38,556 to €4,643
mainly Receivables within one year (-€56,728) and Investment in fixed assets (net) (-€33,078)
- Tangible fixed assets +€25,247
up €25,247 (+804.7%), from €3,137 to €28,385
of which Furniture and vehicles: +€25,598
- Profit (loss) carried forward +€34,855
up €34,855 (+271.0%), from €12,861 to €47,716
- Advances received +€24,455
up €24,455 (+162.8%), from €15,022 to €39,477
- Trade debts -€14,221
down €14,221 (-82.2%), from €17,298 to €3,077
- Tax, wage and social debts +€2,008
up €2,008 (+18.4%), from €10,924 to €12,932
- Gross operating margin +€25,343
up €25,343 (+72.5%), from €34,952 to €60,295
- Staff costs -€9,400
down €9,400 (-58.4%), from €16,092 to €6,691
- Taxes +€6,084
up €6,084 (+177.7%), from €3,424 to €9,508
- Depreciation +€5,724
up €5,724 (+271.7%), from €2,107 to €7,831
- Other operating charges +€1,105
up €1,105 (+866.8%), from €128 to €1,233
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,106 | €106,168 | +€48,063 | +82.7% |
| Fixed assets | 21/28 | €5,637 | €30,885 | +€25,247 | +447.9% |
| Tangible fixed assets | 22/27 | €3,137 | €28,385 | +€25,247 | +804.7% |
| Plant, machinery and equipment | 23 | €1,347 | €995 | -€351 | -26.1% |
| Furniture and vehicles | 24 | €1,791 | €27,389 | +€25,598 | +1429.5% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €52,468 | €75,284 | +€22,816 | +43.5% |
| Amounts receivable within one year | 40/41 | €13,913 | €70,641 | +€56,728 | +407.7% |
| Trade receivables | 40 | €6,912 | €10,404 | +€3,492 | +50.5% |
| Other amounts receivable | 41 | €7,001 | €60,236 | +€53,236 | +760.4% |
| Cash at bank and in hand | 54/58 | €38,556 | €4,643 | -€33,912 | -88.0% |
| Total equity and liabilities | 10/49 | €58,106 | €106,168 | +€48,063 | +82.7% |
| Equity | 10/15 | €14,861 | €49,716 | +€34,855 | +234.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,861 | €47,716 | +€34,855 | +271.0% |
| Amounts payable | 17/49 | €43,245 | €56,453 | +€13,208 | +30.5% |
| Amounts payable within one year | 42/48 | €43,245 | €55,486 | +€12,241 | +28.3% |
| Trade debts | 44 | €17,298 | €3,077 | -€14,221 | -82.2% |
| Suppliers | 440/4 | €17,298 | €3,077 | -€14,221 | -82.2% |
| Advances received on contracts in progress | 46 | €15,022 | €39,477 | +€24,455 | +162.8% |
| Taxes, remuneration and social security | 45 | €10,924 | €12,932 | +€2,008 | +18.4% |
| Taxes | 450/3 | €10,924 | €12,932 | +€2,008 | +18.4% |
| Accrued charges and deferred income | 492/3 | - | €967 | +€967 | |
| Remuneration, social security and pensions | 62 | €16,092 | €6,691 | -€9,400 | -58.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,107 | €7,831 | +€5,724 | +271.7% |
| Other operating charges | 640/8 | €128 | €1,233 | +€1,105 | +866.8% |
| Gross operating margin | 9900 | €34,952 | €60,295 | +€25,343 | +72.5% |
| Operating profit (loss) | 9901 | €16,626 | €44,539 | +€27,913 | +167.9% |
| Financial income | 75/76B | €3 | €42 | +€40 | +1558.8% |
| Recurring financial income | 75 | €3 | €42 | +€40 | +1558.8% |
| Financial charges | 65/66B | €343 | €219 | -€124 | -36.1% |
| Recurring financial charges | 65 | €343 | €219 | -€124 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €16,285 | €44,362 | +€28,077 | +172.4% |
| Income taxes | 67/77 | €3,424 | €9,508 | +€6,084 | +177.7% |
| Profit (loss) for the period | 9904 | €12,861 | €34,855 | +€21,994 | +171.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,861 | €34,855 | +€21,994 | +171.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.