JPB 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.
JPB CONSTRUCT
Largest movements
- Cash -€21,307
down €21,307 (-86.5%), from €24,640 to €3,334
mainly Accrued charges and deferred income (-€24,655) and Receivables within one year (-€4,522)
- Receivables within one year +€4,522
up €4,522 (+24.6%), from €18,367 to €22,889
of which Trade receivables: +€3,296
- Accrued charges and deferred income -€24,655
no longer reported in 2025 (was €24,655)
- Trade debts +€7,180
up €7,180 (+576%), from €1,246 to €8,426
- Gross operating margin -€918
down €918 (-33.4%), from €2,746 to €1,829
- Taxes +€785
up €785 (+150%), from €523 to €1,308
- Financial charges -€763
down €763 (-48.8%), from €1,562 to €799
- Other operating charges -€382
down €382 (-56.8%), from €673 to €291
- Depreciation +€266
new in 2025: €266
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 | €121,325 | €104,637 | -€16,688 | -13.8% |
| Fixed assets | 21/28 | - | €808 | +€808 | |
| Tangible fixed assets | 22/27 | - | €808 | +€808 | |
| Furniture and vehicles | 24 | - | €808 | +€808 | |
| Current assets | 29/58 | €121,325 | €103,829 | -€17,496 | -14.4% |
| Stocks and contracts in progress | 3 | €75,831 | €75,831 | = | 0.0% |
| Stocks | 30/36 | €75,831 | €75,831 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €18,367 | €22,889 | +€4,522 | +24.6% |
| Trade receivables | 40 | €2,358 | €5,654 | +€3,296 | +140% |
| Other amounts receivable | 41 | €16,009 | €17,235 | +€1,226 | +7.7% |
| Cash at bank and in hand | 54/58 | €24,640 | €3,334 | -€21,307 | -86.5% |
| Deferred charges and accrued income | 490/1 | €2,486 | €1,775 | -€711 | -28.6% |
| Total equity and liabilities | 10/49 | €121,325 | €104,637 | -€16,688 | -13.8% |
| Equity | 10/15 | €94,801 | €94,698 | -€102 | -0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €90,860 | €90,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,000 | €89,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,659 | -€14,762 | -€102 | -0.7% |
| Amounts payable | 17/49 | €26,524 | €9,939 | -€16,586 | -62.5% |
| Amounts payable within one year | 42/48 | €1,869 | €9,939 | +€8,070 | +432% |
| Trade debts | 44 | €1,246 | €8,426 | +€7,180 | +576% |
| Suppliers | 440/4 | €1,246 | €8,426 | +€7,180 | +576% |
| Taxes, remuneration and social security | 45 | €623 | €1,513 | +€890 | +143% |
| Taxes | 450/3 | €623 | €1,513 | +€890 | +143% |
| Accrued charges and deferred income | 492/3 | €24,655 | - | -€24,655 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €266 | +€266 | |
| Other operating charges | 640/8 | €673 | €291 | -€382 | -56.8% |
| Gross operating margin | 9900 | €2,746 | €1,829 | -€918 | -33.4% |
| Operating profit (loss) | 9901 | €2,074 | €1,272 | -€802 | -38.6% |
| Financial income | 75/76B | €834 | €733 | -€101 | -12.1% |
| Recurring financial income | 75 | €834 | €733 | -€101 | -12.1% |
| Financial charges | 65/66B | €1,562 | €799 | -€763 | -48.8% |
| Recurring financial charges | 65 | €1,562 | €799 | -€763 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €1,345 | €1,206 | -€139 | -10.4% |
| Income taxes | 67/77 | €523 | €1,308 | +€785 | +150% |
| Profit (loss) for the period | 9904 | €822 | -€102 | -€925 | |
| Profit (loss) for the period to be appropriated | 9905 | €822 | -€102 | -€925 |
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 19 October 2026 via checked.be.