JP CONSTRUCT: 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.
JP CONSTRUCT
Largest movements
- Cash -€44,881
down €44,881 (-69.3%), from €64,796 to €19,915
mainly Net result for the year (-€34,889) and Other debts (-€17,883)
- Receivables within one year -€15,824
down €15,824 (-24.7%), from €63,937 to €48,113
of which Trade receivables: -€20,162
- Tangible fixed assets -€3,953
down €3,953 (-13.1%), from €30,284 to €26,331
of which Furniture and vehicles: -€3,738
- Profit (loss) carried forward -€34,889
down €34,889, from €26,809 to -€8,080
- Other debts -€17,883
down €17,883 (-60.2%), from €29,699 to €11,816
- Current portion of long-term debt -€6,775
down €6,775 (-65.5%), from €10,345 to €3,570
- Tax, wage and social debts -€6,382
down €6,382 (-45.0%), from €14,177 to €7,795
of which Taxes: -€5,764
- Trade debts +€3,788
new in 2025: €3,788
- Gross operating margin -€54,559
down €54,559, from €31,742 to -€22,817
- Staff costs -€9,153
down €9,153 (-93.9%), from €9,746 to €593
- Taxes -€3,164
no longer reported in 2025 (was €3,164)
- Depreciation -€685
down €685 (-6.4%), from €10,780 to €10,095
- Financial charges -€530
down €530 (-43.1%), from €1,231 to €701
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 | €162,960 | €97,248 | -€65,712 | -40.3% |
| Fixed assets | 21/28 | €31,289 | €27,336 | -€3,953 | -12.6% |
| Tangible fixed assets | 22/27 | €30,284 | €26,331 | -€3,953 | -13.1% |
| Plant, machinery and equipment | 23 | €215 | - | -€215 | |
| Furniture and vehicles | 24 | €30,069 | €26,331 | -€3,738 | -12.4% |
| Financial fixed assets | 28 | €1,005 | €1,005 | = | 0.0% |
| Current assets | 29/58 | €131,671 | €69,912 | -€61,759 | -46.9% |
| Amounts receivable within one year | 40/41 | €63,937 | €48,113 | -€15,824 | -24.7% |
| Trade receivables | 40 | €23,937 | €3,775 | -€20,162 | -84.2% |
| Other amounts receivable | 41 | €40,000 | €44,339 | +€4,339 | +10.8% |
| Cash at bank and in hand | 54/58 | €64,796 | €19,915 | -€44,881 | -69.3% |
| Deferred charges and accrued income | 490/1 | €2,938 | €1,884 | -€1,054 | -35.9% |
| Total equity and liabilities | 10/49 | €162,960 | €97,248 | -€65,712 | -40.3% |
| Equity | 10/15 | €105,169 | €70,280 | -€34,889 | -33.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €59,760 | €59,760 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €57,900 | €57,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,809 | -€8,080 | -€34,889 | |
| Amounts payable | 17/49 | €57,791 | €26,968 | -€30,823 | -53.3% |
| Amounts payable after more than one year | 17 | €3,570 | - | -€3,570 | |
| Financial debts | 170/4 | €3,570 | - | -€3,570 | |
| Amounts payable within one year | 42/48 | €54,221 | €26,968 | -€27,253 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €10,345 | €3,570 | -€6,775 | -65.5% |
| Trade debts | 44 | - | €3,788 | +€3,788 | |
| Suppliers | 440/4 | - | €3,788 | +€3,788 | |
| Taxes, remuneration and social security | 45 | €14,177 | €7,795 | -€6,382 | -45.0% |
| Taxes | 450/3 | €8,928 | €3,164 | -€5,764 | -64.6% |
| Remuneration and social security | 454/9 | €5,249 | €4,630 | -€619 | -11.8% |
| Other amounts payable | 47/48 | €29,699 | €11,816 | -€17,883 | -60.2% |
| Remuneration, social security and pensions | 62 | €9,746 | €593 | -€9,153 | -93.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,780 | €10,095 | -€685 | -6.4% |
| Other operating charges | 640/8 | €881 | €703 | -€179 | -20.3% |
| Gross operating margin | 9900 | €31,742 | -€22,817 | -€54,559 | |
| Operating profit (loss) | 9901 | €10,335 | -€34,207 | -€44,542 | |
| Financial income | 75/76B | €27 | €18 | -€9 | -31.9% |
| Recurring financial income | 75 | €27 | €18 | -€9 | -31.9% |
| Financial charges | 65/66B | €1,231 | €701 | -€530 | -43.1% |
| Recurring financial charges | 65 | €1,231 | €701 | -€530 | -43.1% |
| Profit (loss) for the period before taxes | 9903 | €9,131 | -€34,889 | -€44,020 | |
| Income taxes | 67/77 | €3,164 | - | -€3,164 | |
| Profit (loss) for the period | 9904 | €5,967 | -€34,889 | -€40,856 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,967 | -€34,889 | -€40,856 |
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 9 October 2026 via checked.be.