JME 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.
JME CONSTRUCT
Largest movements
- Receivables within one year -€73,499
down €73,499 (-78.7%), from €93,442 to €19,943
of which Trade receivables: -€78,919
- Tangible fixed assets -€45,911
down €45,911 (-31.2%), from €147,328 to €101,417
of which Furniture and vehicles: -€36,975
- Intangible fixed assets -€19,780
down €19,780 (-12.8%), from €154,825 to €135,045
- Cash -€15,332
down €15,332 (-6.4%), from €238,807 to €223,475
mainly Trade debts (-€69,371) and Advances received (-€50,000)
- Trade debts -€69,371
down €69,371 (-96.7%), from €71,729 to €2,357
- Advances received -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Debts after one year -€15,791
down €15,791 (-36.4%), from €43,343 to €27,552
- Current portion of long-term debt -€14,706
down €14,706 (-46.1%), from €31,905 to €17,198
- Gross operating margin -€95,410
down €95,410 (-44.8%), from €213,137 to €117,727
- Taxes -€27,086
down €27,086 (-93.7%), from €28,895 to €1,809
- Staff costs -€9,755
down €9,755 (-14.8%), from €65,913 to €56,158
- Write-downs -€3,762
down €3,762 (-100.0%), from €3,762 to €0
- Depreciation +€2,320
up €2,320 (+3.7%), from €63,370 to €65,691
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 | €660,336 | €500,431 | -€159,905 | -24.2% |
| Fixed assets | 21/28 | €302,926 | €237,235 | -€65,691 | -21.7% |
| Intangible fixed assets | 21 | €154,825 | €135,045 | -€19,780 | -12.8% |
| Tangible fixed assets | 22/27 | €147,328 | €101,417 | -€45,911 | -31.2% |
| Land and buildings | 22 | €52,260 | €47,194 | -€5,066 | -9.7% |
| Plant, machinery and equipment | 23 | €12,358 | €8,488 | -€3,870 | -31.3% |
| Furniture and vehicles | 24 | €82,710 | €45,735 | -€36,975 | -44.7% |
| Financial fixed assets | 28 | €773 | €773 | = | 0.0% |
| Current assets | 29/58 | €357,410 | €263,196 | -€94,215 | -26.4% |
| Stocks and contracts in progress | 3 | €10,297 | €11,131 | +€834 | +8.1% |
| Stocks | 30/36 | €10,297 | €11,131 | +€834 | +8.1% |
| Amounts receivable within one year | 40/41 | €93,442 | €19,943 | -€73,499 | -78.7% |
| Trade receivables | 40 | €89,442 | €10,523 | -€78,919 | -88.2% |
| Other amounts receivable | 41 | €4,000 | €9,420 | +€5,420 | +135.5% |
| Cash at bank and in hand | 54/58 | €238,807 | €223,475 | -€15,332 | -6.4% |
| Deferred charges and accrued income | 490/1 | €14,865 | €8,647 | -€6,218 | -41.8% |
| Total equity and liabilities | 10/49 | €660,336 | €500,431 | -€159,905 | -24.2% |
| Equity | 10/15 | €384,682 | €374,255 | -€10,426 | -2.7% |
| Contributions | 10/11 | €84,700 | €84,700 | = | 0.0% |
| Reserves | 13 | €157,284 | €153,253 | -€4,031 | -2.6% |
| Non-distributable reserves | 130/1 | €8,470 | €8,470 | = | 0.0% |
| Reserves not available under the articles | 1311 | €8,470 | €8,470 | = | 0.0% |
| Tax-exempt reserves | 132 | €47,126 | €43,095 | -€4,031 | -8.6% |
| Distributable reserves | 133 | €101,688 | €101,688 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,697 | €136,302 | -€6,395 | -4.5% |
| Provisions and deferred taxes | 16 | €1,008 | €0 | -€1,008 | -100.0% |
| Deferred taxes | 168 | €1,008 | €0 | -€1,008 | -100.0% |
| Amounts payable | 17/49 | €274,646 | €126,175 | -€148,471 | -54.1% |
| Amounts payable after more than one year | 17 | €43,343 | €27,552 | -€15,791 | -36.4% |
| Financial debts | 170/4 | €43,343 | €27,552 | -€15,791 | -36.4% |
| Amounts payable within one year | 42/48 | €231,303 | €98,493 | -€132,810 | -57.4% |
| Current portion of amounts payable after more than one year | 42 | €31,905 | €17,198 | -€14,706 | -46.1% |
| Trade debts | 44 | €71,729 | €2,357 | -€69,371 | -96.7% |
| Suppliers | 440/4 | €71,729 | €2,357 | -€69,371 | -96.7% |
| Advances received on contracts in progress | 46 | €50,000 | €0 | -€50,000 | -100.0% |
| Taxes, remuneration and social security | 45 | €15,075 | €13,076 | -€1,999 | -13.3% |
| Taxes | 450/3 | €14,671 | €12,724 | -€1,947 | -13.3% |
| Remuneration and social security | 454/9 | €404 | €352 | -€52 | -12.9% |
| Other amounts payable | 47/48 | €62,595 | €65,862 | +€3,267 | +5.2% |
| Accrued charges and deferred income | 492/3 | €0 | €130 | +€130 | |
| Remuneration, social security and pensions | 62 | €65,913 | €56,158 | -€9,755 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,370 | €65,691 | +€2,320 | +3.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,762 | €0 | -€3,762 | -100.0% |
| Other operating charges | 640/8 | €2,975 | €3,036 | +€61 | +2.0% |
| Gross operating margin | 9900 | €213,137 | €117,727 | -€95,410 | -44.8% |
| Operating profit (loss) | 9901 | €77,117 | -€7,157 | -€84,274 | |
| Financial income | 75/76B | €430 | €470 | +€40 | +9.2% |
| Recurring financial income | 75 | €430 | €470 | +€40 | +9.2% |
| Financial charges | 65/66B | €3,411 | €2,937 | -€473 | -13.9% |
| Recurring financial charges | 65 | €3,411 | €2,937 | -€473 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €74,136 | -€9,625 | -€83,761 | |
| Transfer from deferred taxes | 780 | €1,008 | €1,008 | +€0 | 0.0% |
| Income taxes | 67/77 | €28,895 | €1,809 | -€27,086 | -93.7% |
| Profit (loss) for the period | 9904 | €46,248 | -€10,426 | -€56,675 | |
| Transfer from tax-exempt reserves | 789 | €4,031 | €4,031 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,280 | -€6,395 | -€56,675 |
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 2 October 2026 via checked.be.