JOEL JANSSEN CONSTRUCTIONS: 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.
JOEL JANSSEN CONSTRUCTIONS
Largest movements
- Stocks and contracts -€217,500
down €217,500 (-70.7%), from €307,500 to €90,000
- Cash -€20,212
down €20,212 (-15.2%), from €132,566 to €112,354
mainly Contributions, distributions and other (-€317,134) and Investment in fixed assets (net) (-€51,321)
- Receivables within one year -€19,572
down €19,572 (-26.6%), from €73,549 to €53,977
of which Trade receivables: -€40,695
- Deferred charges and accrued income -€8,729
down €8,729 (-49.4%), from €17,660 to €8,931
- Reserves -€263,898
down €263,898 (-50.3%), from €524,682 to €260,785
- Trade debts +€13,892
up €13,892 (+71.6%), from €19,395 to €33,287
- Tax, wage and social debts -€10,146
down €10,146 (-38.5%), from €26,321 to €16,175
of which Taxes: -€5,533
- Debts after one year +€7,133
up €7,133 (+9.2%), from €77,188 to €84,321
- Gross operating margin -€51,085
down €51,085 (-12.4%), from €410,928 to €359,843
- Taxes -€11,813
down €11,813 (-38.1%), from €31,014 to €19,201
- Financial charges -€7,436
down €7,436 (-58.9%), from €12,632 to €5,196
- Staff costs -€6,653
down €6,653 (-2.8%), from €240,932 to €234,279
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.
Derived cash bridge
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 | €708,582 | €448,144 | -€260,439 | -36.8% |
| Fixed assets | 21/28 | €177,307 | €182,881 | +€5,574 | +3.1% |
| Tangible fixed assets | 22/27 | €164,614 | €170,188 | +€5,574 | +3.4% |
| Land and buildings | 22 | €55,424 | €50,524 | -€4,900 | -8.8% |
| Plant, machinery and equipment | 23 | €4,179 | €4,812 | +€633 | +15.2% |
| Furniture and vehicles | 24 | €105,012 | €114,853 | +€9,841 | +9.4% |
| Financial fixed assets | 28 | €12,693 | €12,693 | = | 0.0% |
| Current assets | 29/58 | €531,275 | €265,262 | -€266,013 | -50.1% |
| Stocks and contracts in progress | 3 | €307,500 | €90,000 | -€217,500 | -70.7% |
| Stocks | 30/36 | €307,500 | €90,000 | -€217,500 | -70.7% |
| Amounts receivable within one year | 40/41 | €73,549 | €53,977 | -€19,572 | -26.6% |
| Trade receivables | 40 | €73,549 | €32,854 | -€40,695 | -55.3% |
| Other amounts receivable | 41 | - | €21,123 | +€21,123 | |
| Cash at bank and in hand | 54/58 | €132,566 | €112,354 | -€20,212 | -15.2% |
| Deferred charges and accrued income | 490/1 | €17,660 | €8,931 | -€8,729 | -49.4% |
| Total equity and liabilities | 10/49 | €708,582 | €448,144 | -€260,439 | -36.8% |
| Equity | 10/15 | €548,442 | €284,047 | -€264,395 | -48.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €524,682 | €260,785 | -€263,898 | -50.3% |
| Distributable reserves | 133 | €524,682 | €260,785 | -€263,898 | -50.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Investment grants | 15 | €5,159 | €4,662 | -€497 | -9.6% |
| Amounts payable | 17/49 | €160,141 | €164,097 | +€3,956 | +2.5% |
| Amounts payable after more than one year | 17 | €77,188 | €84,321 | +€7,133 | +9.2% |
| Financial debts | 170/4 | €77,188 | €84,321 | +€7,133 | +9.2% |
| Amounts payable within one year | 42/48 | €74,465 | €78,218 | +€3,752 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €21,054 | €20,785 | -€269 | -1.3% |
| Trade debts | 44 | €19,395 | €33,287 | +€13,892 | +71.6% |
| Suppliers | 440/4 | €19,395 | €33,287 | +€13,892 | +71.6% |
| Taxes, remuneration and social security | 45 | €26,321 | €16,175 | -€10,146 | -38.5% |
| Taxes | 450/3 | €19,051 | €13,518 | -€5,533 | -29.0% |
| Remuneration and social security | 454/9 | €7,269 | €2,657 | -€4,613 | -63.5% |
| Other amounts payable | 47/48 | €7,695 | €7,970 | +€275 | +3.6% |
| Accrued charges and deferred income | 492/3 | €8,487 | €1,558 | -€6,929 | -81.6% |
| Remuneration, social security and pensions | 62 | €240,932 | €234,279 | -€6,653 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,022 | €45,748 | -€1,274 | -2.7% |
| Other operating charges | 640/8 | €3,021 | €3,719 | +€699 | +23.1% |
| Gross operating margin | 9900 | €410,928 | €359,843 | -€51,085 | -12.4% |
| Operating profit (loss) | 9901 | €119,953 | €76,097 | -€43,856 | -36.6% |
| Financial income | 75/76B | €2,696 | €1,039 | -€1,656 | -61.4% |
| Recurring financial income | 75 | €2,696 | €1,039 | -€1,656 | -61.4% |
| Financial charges | 65/66B | €12,632 | €5,196 | -€7,436 | -58.9% |
| Recurring financial charges | 65 | €12,632 | €5,196 | -€7,436 | -58.9% |
| Profit (loss) for the period before taxes | 9903 | €110,017 | €71,940 | -€38,077 | -34.6% |
| Income taxes | 67/77 | €31,014 | €19,201 | -€11,813 | -38.1% |
| Profit (loss) for the period | 9904 | €79,003 | €52,739 | -€26,264 | -33.2% |
| Profit (loss) for the period to be appropriated | 9905 | €79,003 | €52,739 | -€26,264 | -33.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.