JNC 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.
JNC CONSTRUCT
Largest movements
- Receivables within one year -€37,613
down €37,613 (-17.1%), from €219,677 to €182,064
of which Other amounts receivable: -€28,163
- Cash -€24,939
down €24,939 (-40.7%), from €61,339 to €36,399
mainly Tax, wage and social debts (-€28,546) and Other debts (-€27,000)
- Tax, wage and social debts -€28,546
down €28,546 (-82.2%), from €34,713 to €6,167
of which Taxes: -€28,073
- Other debts -€27,000
no longer reported in 2025 (was €27,000)
- Trade debts -€23,167
down €23,167 (-42.7%), from €54,237 to €31,070
- Profit (loss) carried forward +€14,529
up €14,529 (+9.3%), from €156,599 to €171,129
- Accrued charges and deferred income +€3,296
up €3,296 (+2555.3%), from €129 to €3,425
- Gross operating margin +€24,182
up €24,182 (+46.4%), from €52,144 to €76,325
- Taxes +€3,933
up €3,933 (+2508.7%), from €157 to €4,089
- Other operating charges +€2,643
up €2,643 (+200.7%), from €1,317 to €3,960
- Depreciation +€2,293
up €2,293 (+43.0%), from €5,338 to €7,630
- Financial income -€1,037
down €1,037 (-30.3%), from €3,425 to €2,388
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 | €291,229 | €230,341 | -€60,888 | -20.9% |
| Fixed assets | 21/28 | €8,647 | €10,488 | +€1,841 | +21.3% |
| Tangible fixed assets | 22/27 | €4,937 | €6,778 | +€1,841 | +37.3% |
| Plant, machinery and equipment | 23 | €4,501 | €4,779 | +€278 | +6.2% |
| Furniture and vehicles | 24 | €436 | €1,999 | +€1,563 | +358.9% |
| Financial fixed assets | 28 | €3,710 | €3,710 | = | 0.0% |
| Current assets | 29/58 | €282,582 | €219,853 | -€62,729 | -22.2% |
| Amounts receivable within one year | 40/41 | €219,677 | €182,064 | -€37,613 | -17.1% |
| Trade receivables | 40 | €155,084 | €145,634 | -€9,450 | -6.1% |
| Other amounts receivable | 41 | €64,593 | €36,430 | -€28,163 | -43.6% |
| Cash at bank and in hand | 54/58 | €61,339 | €36,399 | -€24,939 | -40.7% |
| Deferred charges and accrued income | 490/1 | €1,567 | €1,390 | -€176 | -11.3% |
| Total equity and liabilities | 10/49 | €291,229 | €230,341 | -€60,888 | -20.9% |
| Equity | 10/15 | €175,150 | €189,680 | +€14,529 | +8.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €18,550 | €18,550 | = | 0.0% |
| Distributable reserves | 133 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | €156,599 | €171,129 | +€14,529 | +9.3% |
| Amounts payable | 17/49 | €116,079 | €40,662 | -€75,417 | -65.0% |
| Amounts payable within one year | 42/48 | €115,950 | €37,236 | -€78,713 | -67.9% |
| Trade debts | 44 | €54,237 | €31,070 | -€23,167 | -42.7% |
| Suppliers | 440/4 | €54,237 | €31,070 | -€23,167 | -42.7% |
| Taxes, remuneration and social security | 45 | €34,713 | €6,167 | -€28,546 | -82.2% |
| Taxes | 450/3 | €29,090 | €1,017 | -€28,073 | -96.5% |
| Remuneration and social security | 454/9 | €5,623 | €5,150 | -€473 | -8.4% |
| Other amounts payable | 47/48 | €27,000 | - | -€27,000 | |
| Accrued charges and deferred income | 492/3 | €129 | €3,425 | +€3,296 | +2555.3% |
| Remuneration, social security and pensions | 62 | €47,380 | €48,198 | +€818 | +1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,338 | €7,630 | +€2,293 | +43.0% |
| Other operating charges | 640/8 | €1,317 | €3,960 | +€2,643 | +200.7% |
| Gross operating margin | 9900 | €52,144 | €76,325 | +€24,182 | +46.4% |
| Operating profit (loss) | 9901 | -€1,891 | €16,537 | +€18,428 | |
| Financial income | 75/76B | €3,425 | €2,388 | -€1,037 | -30.3% |
| Recurring financial income | 75 | €3,425 | €2,388 | -€1,037 | -30.3% |
| Financial charges | 65/66B | €225 | €307 | +€81 | +36.1% |
| Recurring financial charges | 65 | €225 | €307 | +€81 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €1,309 | €18,619 | +€17,309 | +1321.9% |
| Income taxes | 67/77 | €157 | €4,089 | +€3,933 | +2508.7% |
| Profit (loss) for the period | 9904 | €1,153 | €14,529 | +€13,377 | +1160.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,153 | €14,529 | +€13,377 | +1160.5% |
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 2 October 2026 via checked.be.