JPV CONSTRUCT: what changed
Two fiscal 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.
JPV CONSTRUCT
Largest movements
- Stocks and contracts -€111,787
no longer reported in 2025 (was €111,787)
- Tangible fixed assets +€111,252
up €111,252 (+1367.8%), from €8,134 to €119,386
of which Land and buildings: +€112,572
- Cash -€1,868
down €1,868 (-99.6%), from €1,875 to €7
mainly Investment in fixed assets (net) (-€113,940) and Net result for the year (-€17,087)
- Other debts +€21,941
up €21,941 (+857.5%), from €2,559 to €24,500
- Profit (loss) carried forward -€17,087
down €17,087 (-59.1%), from -€28,916 to -€46,003
- Trade debts -€8,463
down €8,463 (-93.5%), from €9,049 to €586
- Gross operating margin -€15,528
down €15,528 (-78.2%), from €19,857 to €4,329
- Financial charges +€13,652
up €13,652 (+310.1%), from €4,403 to €18,054
- Depreciation +€664
up €664 (+32.8%), from €2,023 to €2,687
- Staff costs -€554
down €554 (-63.8%), from €868 to €314
- Other operating charges +€355
up €355 (+317.5%), from €112 to €467
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 | €133,065 | €130,922 | -€2,143 | -1.6% |
| Fixed assets | 21/28 | €8,134 | €119,386 | +€111,252 | +1367.8% |
| Tangible fixed assets | 22/27 | €8,134 | €119,386 | +€111,252 | +1367.8% |
| Land and buildings | 22 | - | €112,572 | +€112,572 | |
| Plant, machinery and equipment | 23 | €8,134 | €6,283 | -€1,850 | -22.7% |
| Furniture and vehicles | 24 | - | €530 | +€530 | |
| Current assets | 29/58 | €124,931 | €11,536 | -€113,395 | -90.8% |
| Stocks and contracts in progress | 3 | €111,787 | - | -€111,787 | |
| Stocks | 30/36 | €111,787 | - | -€111,787 | |
| Amounts receivable within one year | 40/41 | €11,270 | €11,529 | +€259 | +2.3% |
| Trade receivables | 40 | €9,956 | €10,861 | +€905 | +9.1% |
| Other amounts receivable | 41 | €1,314 | €668 | -€646 | -49.2% |
| Cash at bank and in hand | 54/58 | €1,875 | €7 | -€1,868 | -99.6% |
| Total equity and liabilities | 10/49 | €133,065 | €130,922 | -€2,143 | -1.6% |
| Equity | 10/15 | -€24,916 | -€42,003 | -€17,087 | -68.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,916 | -€46,003 | -€17,087 | -59.1% |
| Amounts payable | 17/49 | €157,981 | €172,925 | +€14,944 | +9.5% |
| Amounts payable after more than one year | 17 | €146,374 | €147,427 | +€1,054 | +0.7% |
| Financial debts | 170/4 | €146,374 | €147,427 | +€1,054 | +0.7% |
| Amounts payable within one year | 42/48 | €11,608 | €25,086 | +€13,478 | +116.1% |
| Trade debts | 44 | €9,049 | €586 | -€8,463 | -93.5% |
| Suppliers | 440/4 | €9,049 | €586 | -€8,463 | -93.5% |
| Other amounts payable | 47/48 | €2,559 | €24,500 | +€21,941 | +857.5% |
| Accrued charges and deferred income | 492/3 | - | €412 | +€412 | |
| Remuneration, social security and pensions | 62 | €868 | €314 | -€554 | -63.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,023 | €2,687 | +€664 | +32.8% |
| Other operating charges | 640/8 | €112 | €467 | +€355 | +317.5% |
| Gross operating margin | 9900 | €19,857 | €4,329 | -€15,528 | -78.2% |
| Operating profit (loss) | 9901 | €16,854 | €861 | -€15,993 | -94.9% |
| Financial income | 75/76B | - | €107 | +€107 | |
| Recurring financial income | 75 | - | €107 | +€107 | |
| Financial charges | 65/66B | €4,403 | €18,054 | +€13,652 | +310.1% |
| Recurring financial charges | 65 | €4,403 | €18,054 | +€13,652 | +310.1% |
| Profit (loss) for the period before taxes | 9903 | €12,451 | -€17,087 | -€29,538 | |
| Profit (loss) for the period | 9904 | €12,451 | -€17,087 | -€29,538 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,451 | -€17,087 | -€29,538 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.