Jouay Construct: what changed
Jouay Construct
Largest movements
- Receivables within one year +€42,188
up €42,188 (+212%), from €19,921 to €62,109
of which Trade receivables: +€45,975
- Cash +€10,394
new in 2025: €10,394
mainly Net result for the year (+€48,068) and Trade debts (+€9,431)
- Tangible fixed assets -€2,745
down €2,745 (-27.1%), from €10,123 to €7,378
of which Plant, machinery and equipment: -€4,657
- Deferred charges and accrued income +€1,801
up €1,801 (+162%), from €1,110 to €2,911
- Profit (loss) carried forward +€48,068
up €48,068 (+224%), from €21,467 to €69,535
- Trade debts +€9,431
up €9,431 (+87.5%), from €10,781 to €20,212
- Tax, wage and social debts +€6,229
up €6,229 (+118%), from €5,258 to €11,487
of which Taxes: +€4,588
- Current portion of long-term debt -€4,775
down €4,775 (-53.1%), from €8,993 to €4,218
- Short-term financial debts -€3,077
down €3,077 (-100%), from €3,077 to €0
- Gross operating margin +€38,583
up €38,583 (+105%), from €36,741 to €75,324
- Taxes +€8,700
up €8,700 (+221%), from €3,942 to €12,643
- Staff costs -€3,293
down €3,293 (-36.8%), from €8,952 to €5,659
- Financial charges -€2,696
down €2,696 (-62.3%), from €4,326 to €1,630
- Depreciation +€907
up €907 (+12.5%), from €7,270 to €8,177
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,604 | €110,452 | +€51,849 | +88.5% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €10,405 | €7,870 | -€2,535 | -24.4% |
| Tangible fixed assets | 22/27 | €10,123 | €7,378 | -€2,745 | -27.1% |
| Plant, machinery and equipment | 23 | €8,707 | €4,050 | -€4,657 | -53.5% |
| Furniture and vehicles | 24 | €1,416 | €3,327 | +€1,912 | +135% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €282 | €492 | +€210 | +74.5% |
| Current assets | 29/58 | €48,199 | €102,583 | +€54,384 | +113% |
| Amounts receivable after more than one year | 29 | €27,168 | €27,168 | = | 0.0% |
| Other amounts receivable | 291 | €27,168 | €27,168 | = | 0.0% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €19,921 | €62,109 | +€42,188 | +212% |
| Trade receivables | 40 | €8,385 | €54,360 | +€45,975 | +548% |
| Other amounts receivable | 41 | €11,536 | €7,749 | -€3,787 | -32.8% |
| Cash at bank and in hand | 54/58 | - | €10,394 | +€10,394 | |
| Deferred charges and accrued income | 490/1 | €1,110 | €2,911 | +€1,801 | +162% |
| Total equity and liabilities | 10/49 | €58,604 | €110,452 | +€51,849 | +88.5% |
| Equity | 10/15 | €26,467 | €74,535 | +€48,068 | +182% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,467 | €69,535 | +€48,068 | +224% |
| Amounts payable | 17/49 | €32,136 | €35,917 | +€3,781 | +11.8% |
| Amounts payable after more than one year | 17 | €2,508 | €0 | -€2,508 | -100% |
| Financial debts | 170/4 | €2,508 | €0 | -€2,508 | -100% |
| Amounts payable within one year | 42/48 | €29,629 | €35,917 | +€6,288 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €8,993 | €4,218 | -€4,775 | -53.1% |
| Financial debts | 43 | €3,077 | €0 | -€3,077 | -100% |
| Credit institutions | 430/8 | €3,077 | €0 | -€3,077 | -100% |
| Trade debts | 44 | €10,781 | €20,212 | +€9,431 | +87.5% |
| Suppliers | 440/4 | €10,781 | €20,212 | +€9,431 | +87.5% |
| Taxes, remuneration and social security | 45 | €5,258 | €11,487 | +€6,229 | +118% |
| Taxes | 450/3 | €4,758 | €9,346 | +€4,588 | +96.4% |
| Remuneration and social security | 454/9 | €500 | €2,141 | +€1,641 | +328% |
| Other amounts payable | 47/48 | €1,520 | €0 | -€1,520 | -100% |
| Remuneration, social security and pensions | 62 | €8,952 | €5,659 | -€3,293 | -36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,270 | €8,177 | +€907 | +12.5% |
| Other operating charges | 640/8 | €491 | €398 | -€93 | -19.0% |
| Gross operating margin | 9900 | €36,741 | €75,324 | +€38,583 | +105% |
| Operating profit (loss) | 9901 | €20,028 | €61,090 | +€41,062 | +205% |
| Financial income | 75/76B | €672 | €1,251 | +€579 | +86.2% |
| Recurring financial income | 75 | €672 | €1,251 | +€579 | +86.2% |
| Financial charges | 65/66B | €4,326 | €1,630 | -€2,696 | -62.3% |
| Recurring financial charges | 65 | €4,326 | €1,630 | -€2,696 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €16,373 | €60,711 | +€44,337 | +271% |
| Income taxes | 67/77 | €3,942 | €12,643 | +€8,700 | +221% |
| Profit (loss) for the period | 9904 | €12,431 | €48,068 | +€35,637 | +287% |
| Profit (loss) for the period to be appropriated | 9905 | €12,431 | €48,068 | +€35,637 | +287% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.