JPB BUILDING: what changed
What changed
JPB BUILDING
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
-€438,470
2023 · -€873,784+€435,313
Equity
€1.7m
2023 · €2.2m-€438,470
Cash
€280,850
2023 · €226,388+€54,462
Balance sheet total
€4.9m
2023 · €7.3m-€2.4m
Largest movements
Assets
- Stocks and contracts -€1.4m
down €1.4m (-31.0%), from €4.7m to €3.2m
of which Stocks: -€831,269
- Receivables within one year -€867,742
down €867,742 (-44.3%), from €2.0m to €1.1m
of which Other amounts receivable: -€630,307
Equity and liabilities
- Advances received -€979,805
down €979,805 (-47.2%), from €2.1m to €1.1m
- Short-term financial debts -€945,956
down €945,956 (-76.8%), from €1.2m to €285,001
of which Credit institutions: -€935,956
- Profit (loss) carried forward -€438,470
down €438,470 (-20.7%), from €2.1m to €1.7m
- Trade debts -€436,272
down €436,272 (-55.2%), from €789,903 to €353,630
- Other debts +€359,808
up €359,808 (+49.1%), from €733,510 to €1.1m
Income statement
- Goods and materials -€8.1m
down €8.1m (-44.9%), from €18.1m to €9.9m
of which Purchases: -€8.5m
- Turnover -€6.6m
down €6.6m (-37.6%), from €17.6m to €11.0m
- Services and other goods -€281,454
down €281,454 (-34.8%), from €808,417 to €526,963
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€873,784
Turnover
-€6.6m
Other operating income
+€162,403
Goods and materials
+€8.1m
Services and other goods
+€281,454
Staff costs
-€98,168
Depreciation
+€1,907
Provisions
+€25,169
Other operating charges
+€110,190
Other operating items
-€1.6m
Financial income
-€71,810
Financial charges
+€79,975
Taxes
+€967
Result 2024
-€438,470
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€988,376
Investment
-€33,914
Financing
-€900,000
Cash 2023
€226,388
From operations (derived)
+€988,376
Net result for the year
-€438,470
Depreciation
+€92,830
Receivables after one year
+€3,000
Stocks and contracts
+€1.4m
Receivables within one year
+€867,742
Deferred charges and accrued income
+€59,579
Provisions
+€4,965
Trade debts
-€436,272
Tax, wage and social debts
+€6,297
Advances received
-€979,805
Other debts
+€359,808
Accrued charges and deferred income
+€4,235
Investment (derived)
-€33,914
Investment in fixed assets (net)
-€33,914
Financing
-€900,000
Debts after one year
+€31,939
Current portion of long-term debt
+€14,017
Short-term financial debts
-€945,956
Cash 2024
€280,850
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,259,217 | €4,879,975 | -€2.4m | -32.8% |
| Fixed assets | 21/28 | €316,745 | €257,829 | -€58,915 | -18.6% |
| Intangible fixed assets | 21 | €4,450 | €4,407 | -€43 | -1.0% |
| Tangible fixed assets | 22/27 | €312,005 | €253,133 | -€58,872 | -18.9% |
| Plant, machinery and equipment | 23 | €65,430 | €23,531 | -€41,899 | -64.0% |
| Furniture and vehicles | 24 | €237,017 | €199,991 | -€37,026 | -15.6% |
| Other tangible fixed assets | 26 | €9,557 | €29,611 | +€20,054 | +210% |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Other financial fixed assets | 284/8 | €290 | €290 | = | 0.0% |
| Shares | 284 | €100 | €100 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €6,942,473 | €4,622,146 | -€2.3m | -33.4% |
| Amounts receivable after more than one year | 29 | €10,584 | €7,584 | -€3,000 | -28.3% |
| Other amounts receivable | 291 | €10,584 | €7,584 | -€3,000 | -28.3% |
| Stocks and contracts in progress | 3 | €4,664,905 | €3,220,437 | -€1.4m | -31.0% |
| Stocks | 30/36 | €2,590,317 | €1,759,048 | -€831,269 | -32.1% |
| Property held for sale | 35 | €2,590,317 | €1,759,048 | -€831,269 | -32.1% |
| Advance payments | 36 | €0 | - | = | |
| Contracts in progress | 37 | €2,074,588 | €1,461,390 | -€613,199 | -29.6% |
| Amounts receivable within one year | 40/41 | €1,956,868 | €1,089,126 | -€867,742 | -44.3% |
| Trade receivables | 40 | €379,287 | €141,852 | -€237,435 | -62.6% |
| Other amounts receivable | 41 | €1,577,581 | €947,274 | -€630,307 | -40.0% |
| Cash at bank and in hand | 54/58 | €226,388 | €280,850 | +€54,462 | +24.1% |
| Deferred charges and accrued income | 490/1 | €83,727 | €24,147 | -€59,579 | -71.2% |
| Total equity and liabilities | 10/49 | €7,259,217 | €4,879,975 | -€2.4m | -32.8% |
| Equity | 10/15 | €2,163,452 | €1,724,982 | -€438,470 | -20.3% |
| Contributions | 10/11 | €14,194 | €14,194 | = | 0.0% |
| Reserves | 13 | €27,863 | €27,863 | = | 0.0% |
| Non-distributable reserves | 130/1 | €27,863 | €27,863 | = | 0.0% |
| Reserves not available under the articles | 1311 | €27,863 | €27,863 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,121,394 | €1,682,924 | -€438,470 | -20.7% |
| Provisions and deferred taxes | 16 | €92,134 | €97,099 | +€4,965 | +5.4% |
| Provisions for liabilities and charges | 160/5 | €92,134 | €97,099 | +€4,965 | +5.4% |
| Other liabilities and charges | 164/5 | €92,134 | €97,099 | +€4,965 | +5.4% |
| Amounts payable | 17/49 | €5,003,632 | €3,057,895 | -€1.9m | -38.9% |
| Amounts payable after more than one year | 17 | €48,316 | €80,255 | +€31,939 | +66.1% |
| Financial debts | 170/4 | €48,316 | €80,255 | +€31,939 | +66.1% |
| Credit institutions | 173 | €48,316 | €80,255 | +€31,939 | +66.1% |
| Amounts payable within one year | 42/48 | €4,951,418 | €2,969,508 | -€2.0m | -40.0% |
| Current portion of amounts payable after more than one year | 42 | €13,196 | €27,213 | +€14,017 | +106% |
| Financial debts | 43 | €1,230,957 | €285,001 | -€945,956 | -76.8% |
| Credit institutions | 430/8 | €1,210,957 | €275,001 | -€935,956 | -77.3% |
| Other loans | 439 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Trade debts | 44 | €789,903 | €353,630 | -€436,272 | -55.2% |
| Suppliers | 440/4 | €789,903 | €353,630 | -€436,272 | -55.2% |
| Advances received on contracts in progress | 46 | €2,077,888 | €1,098,083 | -€979,805 | -47.2% |
| Taxes, remuneration and social security | 45 | €105,964 | €112,262 | +€6,297 | +5.9% |
| Taxes | 450/3 | €78,001 | €46,075 | -€31,926 | -40.9% |
| Remuneration and social security | 454/9 | €27,963 | €66,187 | +€38,223 | +137% |
| Other amounts payable | 47/48 | €733,510 | €1,093,318 | +€359,808 | +49.1% |
| Accrued charges and deferred income | 492/3 | €3,898 | €8,132 | +€4,235 | +109% |
| Operating income | 70/76A | €18,747,718 | €10,736,062 | -€8.0m | -42.7% |
| Turnover | 70 | €17,554,787 | €10,954,617 | -€6.6m | -37.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €978,156 | -€613,199 | -€1.6m | |
| Other operating income | 74 | €196,071 | €358,474 | +€162,403 | +82.8% |
| Non-recurring operating income | 76A | €18,704 | €36,170 | +€17,466 | +93.4% |
| Operating charges | 60/66A | €19,460,142 | €11,022,305 | -€8.4m | -43.4% |
| Goods for resale, raw materials and consumables | 60 | €18,068,825 | €9,948,339 | -€8.1m | -44.9% |
| Purchases | 600/8 | €17,603,644 | €9,117,070 | -€8.5m | -48.2% |
| Change in stocks: decrease (increase) | 609 | €465,181 | €831,269 | +€366,088 | +78.7% |
| Services and other goods | 61 | €808,417 | €526,963 | -€281,454 | -34.8% |
| Remuneration, social security and pensions | 62 | €267,131 | €365,299 | +€98,168 | +36.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,737 | €92,830 | -€1,907 | -2.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €30,134 | €4,965 | -€25,169 | -83.5% |
| Other operating charges | 640/8 | €184,341 | €74,151 | -€110,190 | -59.8% |
| Non-recurring operating charges | 66A | €6,558 | €9,759 | +€3,201 | +48.8% |
| Operating profit (loss) | 9901 | -€712,425 | -€286,243 | +€426,182 | +59.8% |
| Financial income | 75/76B | €122,169 | €50,359 | -€71,810 | -58.8% |
| Recurring financial income | 75 | €122,169 | €50,359 | -€71,810 | -58.8% |
| Income from current assets | 751 | €23,588 | €11,610 | -€11,977 | -50.8% |
| Other financial income | 752/9 | €98,582 | €38,749 | -€59,833 | -60.7% |
| Financial charges | 65/66B | €278,610 | €198,635 | -€79,975 | -28.7% |
| Recurring financial charges | 65 | €278,610 | €198,635 | -€79,975 | -28.7% |
| Debt charges | 650 | €237,712 | €177,643 | -€60,069 | -25.3% |
| Other financial charges | 652/9 | €40,897 | €20,992 | -€19,906 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | -€868,865 | -€434,518 | +€434,347 | +50.0% |
| Income taxes | 67/77 | €4,919 | €3,952 | -€967 | -19.7% |
| Taxes | 670/3 | €4,919 | €3,952 | -€967 | -19.7% |
| Profit (loss) for the period | 9904 | -€873,784 | -€438,470 | +€435,313 | +49.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€873,784 | -€438,470 | +€435,313 | +49.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.