JML CONSTRUCTIONS: 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.
What changed
JML CONSTRUCTIONS
NACE 41.001, General construction of residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€14,731
2023 · €3,877-€18,608
Equity
€232,959
2023 · €248,596-€15,637
Cash
€37,582
2023 · €33,534+€4,049
Balance sheet total
€586,980
2023 · €478,610+€108,369
Largest movements
Assets
- Stocks and contracts +€95,516
up €95,516 (+87.7%), from €108,913 to €204,430
of which Contracts in progress: +€119,134
Equity and liabilities
- Trade debts +€109,000
up €109,000 (+236.3%), from €46,119 to €155,119
- Profit (loss) carried forward -€14,731
down €14,731 (-10.8%), from €136,385 to €121,654
- Tax, wage and social debts +€10,348
up €10,348 (+61.8%), from €16,736 to €27,084
of which Taxes: +€8,398
Income statement
- Staff costs +€24,902
up €24,902 (+21.5%), from €116,061 to €140,963
- Gross operating margin +€10,960
up €10,960 (+7.3%), from €149,958 to €160,918
- Depreciation +€5,888
up €5,888 (+22.2%), from €26,567 to €32,455
- Financial income +€2,909
up €2,909 (+288.0%), from €1,010 to €3,919
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.
Result 2023
€3,877
Gross operating margin
+€10,960
Staff costs
-€24,902
Depreciation
-€5,888
Other operating charges
+€50
Financial income
+€2,909
Financial charges
-€1,591
Taxes
-€146
Result 2024
-€14,731
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.
From operations
+€32,015
Investment
-€36,268
Financing
+€8,301
Cash 2023
€33,534
From operations (derived)
+€32,015
Net result for the year
-€14,731
Depreciation
+€32,455
Stocks and contracts
-€95,516
Receivables within one year
-€4,178
Deferred charges and accrued income
-€813
Trade debts
+€109,000
Tax, wage and social debts
+€10,348
Other debts
-€4,548
Investment (derived)
-€36,268
Investment in fixed assets (net)
-€36,280
Current investments
+€12
Financing
+€8,301
Debts after one year
+€4,298
Current portion of long-term debt
+€4,910
Contributions, distributions and other
-€906
Cash 2024
€37,582
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €478,610 | €586,980 | +€108,369 | +22.6% |
| Fixed assets | 21/28 | €146,941 | €150,766 | +€3,825 | +2.6% |
| Tangible fixed assets | 22/27 | €146,661 | €150,486 | +€3,825 | +2.6% |
| Land and buildings | 22 | €16,304 | €15,363 | -€941 | -5.8% |
| Plant, machinery and equipment | 23 | €100,282 | €82,183 | -€18,099 | -18.0% |
| Furniture and vehicles | 24 | €30,076 | €52,940 | +€22,864 | +76.0% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €331,669 | €436,214 | +€104,545 | +31.5% |
| Stocks and contracts in progress | 3 | €108,913 | €204,430 | +€95,516 | +87.7% |
| Stocks | 30/36 | €53,913 | €30,296 | -€23,617 | -43.8% |
| Contracts in progress | 37 | €55,000 | €174,134 | +€119,134 | +216.6% |
| Amounts receivable within one year | 40/41 | €183,400 | €187,578 | +€4,178 | +2.3% |
| Trade receivables | 40 | €132,196 | €154,340 | +€22,144 | +16.8% |
| Other amounts receivable | 41 | €51,204 | €33,238 | -€17,966 | -35.1% |
| Current investments | 50/53 | €63 | €51 | -€12 | -18.9% |
| Cash at bank and in hand | 54/58 | €33,534 | €37,582 | +€4,049 | +12.1% |
| Deferred charges and accrued income | 490/1 | €5,760 | €6,573 | +€813 | +14.1% |
| Total equity and liabilities | 10/49 | €478,610 | €586,980 | +€108,369 | +22.6% |
| Equity | 10/15 | €248,596 | €232,959 | -€15,637 | -6.3% |
| Contributions | 10/11 | €67,000 | €67,000 | = | 0.0% |
| Reserves | 13 | €42,500 | €42,500 | = | 0.0% |
| Distributable reserves | 133 | €42,500 | €42,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €136,385 | €121,654 | -€14,731 | -10.8% |
| Investment grants | 15 | €2,712 | €1,805 | -€906 | -33.4% |
| Amounts payable | 17/49 | €230,014 | €354,021 | +€124,007 | +53.9% |
| Amounts payable after more than one year | 17 | €19,916 | €24,214 | +€4,298 | +21.6% |
| Financial debts | 170/4 | €19,916 | €24,214 | +€4,298 | +21.6% |
| Amounts payable within one year | 42/48 | €210,098 | €329,807 | +€119,709 | +57.0% |
| Current portion of amounts payable after more than one year | 42 | €13,744 | €18,654 | +€4,910 | +35.7% |
| Trade debts | 44 | €46,119 | €155,119 | +€109,000 | +236.3% |
| Suppliers | 440/4 | €46,119 | €155,119 | +€109,000 | +236.3% |
| Taxes, remuneration and social security | 45 | €16,736 | €27,084 | +€10,348 | +61.8% |
| Taxes | 450/3 | €4,799 | €13,197 | +€8,398 | +175.0% |
| Remuneration and social security | 454/9 | €11,937 | €13,887 | +€1,950 | +16.3% |
| Other amounts payable | 47/48 | €133,499 | €128,951 | -€4,548 | -3.4% |
| Non-recurring operating income | 76A | - | €9,000 | +€9,000 | |
| Remuneration, social security and pensions | 62 | €116,061 | €140,963 | +€24,902 | +21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,567 | €32,455 | +€5,888 | +22.2% |
| Other operating charges | 640/8 | €2,789 | €2,739 | -€50 | -1.8% |
| Gross operating margin | 9900 | €149,958 | €160,918 | +€10,960 | +7.3% |
| Operating profit (loss) | 9901 | €4,541 | -€15,240 | -€19,780 | |
| Financial income | 75/76B | €1,010 | €3,919 | +€2,909 | +288.0% |
| Recurring financial income | 75 | €1,010 | €3,919 | +€2,909 | +288.0% |
| Financial charges | 65/66B | €1,156 | €2,746 | +€1,591 | +137.7% |
| Recurring financial charges | 65 | €1,156 | €2,746 | +€1,591 | +137.7% |
| Profit (loss) for the period before taxes | 9903 | €4,395 | -€14,067 | -€18,462 | |
| Income taxes | 67/77 | €518 | €664 | +€146 | +28.2% |
| Profit (loss) for the period | 9904 | €3,877 | -€14,731 | -€18,608 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,877 | -€14,731 | -€18,608 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.