JPF 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.
JPF CONSTRUCT
Largest movements
- Receivables within one year +€74,260
up €74,260 (+500%), from €14,842 to €89,102
of which Trade receivables: +€72,787
- Cash +€41,336
up €41,336 (+228%), from €18,120 to €59,456
mainly Other debts (+€61,424) and Net result for the year (+€29,994)
- Other debts +€61,424
new in 2025: €61,424
- Profit (loss) carried forward +€29,994
up €29,994 (+184%), from €16,344 to €46,338
- Tax, wage and social debts +€21,124
up €21,124 (+384%), from €5,500 to €26,624
- Trade debts +€3,858
up €3,858 (+345%), from €1,117 to €4,975
- Gross operating margin +€24,857
up €24,857 (+112%), from €22,122 to €46,979
- Taxes +€4,750
up €4,750 (+86.4%), from €5,500 to €10,250
- Staff costs +€3,340
new in 2025: €3,340
- Other operating charges +€3,000
up €3,000 (+1,776%), from €169 to €3,169
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 | €32,961 | €149,361 | +€116,400 | +353% |
| Fixed assets | 21/28 | - | €804 | +€804 | |
| Tangible fixed assets | 22/27 | - | €404 | +€404 | |
| Furniture and vehicles | 24 | - | €404 | +€404 | |
| Financial fixed assets | 28 | - | €400 | +€400 | |
| Current assets | 29/58 | €32,961 | €148,557 | +€115,596 | +351% |
| Amounts receivable within one year | 40/41 | €14,842 | €89,102 | +€74,260 | +500% |
| Trade receivables | 40 | €12,991 | €85,777 | +€72,787 | +560% |
| Other amounts receivable | 41 | €1,851 | €3,324 | +€1,473 | +79.6% |
| Cash at bank and in hand | 54/58 | €18,120 | €59,456 | +€41,336 | +228% |
| Total equity and liabilities | 10/49 | €32,961 | €149,361 | +€116,400 | +353% |
| Equity | 10/15 | €26,344 | €56,338 | +€29,994 | +114% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,344 | €46,338 | +€29,994 | +184% |
| Amounts payable | 17/49 | €6,617 | €93,023 | +€86,406 | +1,306% |
| Amounts payable within one year | 42/48 | €6,617 | €93,023 | +€86,406 | +1,306% |
| Trade debts | 44 | €1,117 | €4,975 | +€3,858 | +345% |
| Suppliers | 440/4 | €1,117 | €4,975 | +€3,858 | +345% |
| Taxes, remuneration and social security | 45 | €5,500 | €26,624 | +€21,124 | +384% |
| Taxes | 450/3 | €5,500 | €26,624 | +€21,124 | +384% |
| Other amounts payable | 47/48 | - | €61,424 | +€61,424 | |
| Remuneration, social security and pensions | 62 | - | €3,340 | +€3,340 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €108 | +€108 | |
| Other operating charges | 640/8 | €169 | €3,169 | +€3,000 | +1,776% |
| Gross operating margin | 9900 | €22,122 | €46,979 | +€24,857 | +112% |
| Operating profit (loss) | 9901 | €21,953 | €40,363 | +€18,409 | +83.9% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €119 | €119 | -€0 | -0.4% |
| Recurring financial charges | 65 | €119 | €119 | -€0 | -0.4% |
| Profit (loss) for the period before taxes | 9903 | €21,844 | €40,244 | +€18,400 | +84.2% |
| Income taxes | 67/77 | €5,500 | €10,250 | +€4,750 | +86.4% |
| Profit (loss) for the period | 9904 | €16,344 | €29,994 | +€13,650 | +83.5% |
| Profit (loss) for the period to be appropriated | 9905 | €16,344 | €29,994 | +€13,650 | +83.5% |
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 25 October 2026 via checked.be.