JRCE 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.
JRCE Construct
Largest movements
- Receivables within one year +€13,305
up €13,305 (+48.2%), from €27,612 to €40,917
of which Trade receivables: +€12,237
- Cash -€5,139
down €5,139 (-44.6%), from €11,534 to €6,395
mainly Receivables within one year (-€13,305) and Tax, wage and social debts (-€413)
- Tangible fixed assets -€2,887
down €2,887 (-35.9%), from €8,040 to €5,153
- Trade debts +€4,045
up €4,045 (+39.6%), from €10,223 to €14,268
- Other debts +€1,008
up €1,008 (+70.2%), from €1,435 to €2,443
- Profit (loss) carried forward +€639
up €639 (+2.6%), from €24,300 to €24,939
- Gross operating margin -€21,785
down €21,785 (-77.3%), from €28,165 to €6,380
- Taxes -€4,266
down €4,266 (-77.0%), from €5,541 to €1,275
- Depreciation +€2,495
up €2,495 (+636.5%), from €392 to €2,887
- Financial charges -€1,223
down €1,223 (-84.8%), from €1,442 to €219
- Other operating charges -€431
down €431 (-23.7%), from €1,821 to €1,390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,186 | €52,465 | +€5,279 | +11.2% |
| Fixed assets | 21/28 | €8,040 | €5,153 | -€2,887 | -35.9% |
| Tangible fixed assets | 22/27 | €8,040 | €5,153 | -€2,887 | -35.9% |
| Furniture and vehicles | 24 | €8,040 | €5,153 | -€2,887 | -35.9% |
| Current assets | 29/58 | €39,146 | €47,312 | +€8,166 | +20.9% |
| Amounts receivable within one year | 40/41 | €27,612 | €40,917 | +€13,305 | +48.2% |
| Trade receivables | 40 | €27,612 | €39,849 | +€12,237 | +44.3% |
| Other amounts receivable | 41 | - | €1,068 | +€1,068 | |
| Cash at bank and in hand | 54/58 | €11,534 | €6,395 | -€5,139 | -44.6% |
| Total equity and liabilities | 10/49 | €47,186 | €52,465 | +€5,279 | +11.2% |
| Equity | 10/15 | €28,300 | €28,939 | +€639 | +2.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,300 | €24,939 | +€639 | +2.6% |
| Amounts payable | 17/49 | €18,886 | €23,526 | +€4,640 | +24.6% |
| Amounts payable within one year | 42/48 | €18,886 | €23,526 | +€4,640 | +24.6% |
| Trade debts | 44 | €10,223 | €14,268 | +€4,045 | +39.6% |
| Suppliers | 440/4 | €10,223 | €14,268 | +€4,045 | +39.6% |
| Taxes, remuneration and social security | 45 | €7,228 | €6,815 | -€413 | -5.7% |
| Taxes | 450/3 | €7,228 | €6,815 | -€413 | -5.7% |
| Other amounts payable | 47/48 | €1,435 | €2,443 | +€1,008 | +70.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €392 | €2,887 | +€2,495 | +636.5% |
| Other operating charges | 640/8 | €1,821 | €1,390 | -€431 | -23.7% |
| Gross operating margin | 9900 | €28,165 | €6,380 | -€21,785 | -77.3% |
| Operating profit (loss) | 9901 | €25,952 | €2,103 | -€23,849 | -91.9% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €1,442 | €219 | -€1,223 | -84.8% |
| Recurring financial charges | 65 | €1,442 | €219 | -€1,223 | -84.8% |
| Profit (loss) for the period before taxes | 9903 | €24,510 | €1,914 | -€22,596 | -92.2% |
| Income taxes | 67/77 | €5,541 | €1,275 | -€4,266 | -77.0% |
| Profit (loss) for the period | 9904 | €18,969 | €639 | -€18,330 | -96.6% |
| Profit (loss) for the period to be appropriated | 9905 | €18,969 | €639 | -€18,330 | -96.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.