JS Building Projects: 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.
JS Building Projects
Largest movements
- Tangible fixed assets -€12,478
down €12,478 (-27.8%), from €44,836 to €32,357
of which Furniture and vehicles: -€9,075
- Cash -€11,107
down €11,107 (-99.6%), from €11,150 to €43
mainly Advances received (-€17,995) and Tax, wage and social debts (-€8,467)
- Receivables within one year +€2,165
up €2,165 (+7.8%), from €27,632 to €29,798
of which Trade receivables: +€2,289
- Advances received -€17,995
no longer reported in 2024 (was €17,995)
- Reserves +€11,067
up €11,067 (+24.8%), from €44,584 to €55,651
- Tax, wage and social debts -€8,467
down €8,467 (-74.2%), from €11,410 to €2,943
- Other debts -€4,617
down €4,617 (-74.2%), from €6,222 to €1,605
- Trade debts -€1,407
no longer reported in 2024 (was €1,407)
- Gross operating margin -€7,755
down €7,755 (-22.5%), from €34,470 to €26,715
- Taxes -€1,083
down €1,083 (-26.9%), from €4,026 to €2,943
- Financial charges -€763
no longer reported in 2024 (was €763)
- Staff costs -€651
no longer reported in 2024 (was €651)
- Depreciation -€513
down €513 (-3.9%), from €12,991 to €12,478
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.
Derived cash bridge
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 | €83,618 | €62,198 | -€21,420 | -25.6% |
| Fixed assets | 21/28 | €44,836 | €32,357 | -€12,478 | -27.8% |
| Tangible fixed assets | 22/27 | €44,836 | €32,357 | -€12,478 | -27.8% |
| Plant, machinery and equipment | 23 | €16,133 | €12,730 | -€3,403 | -21.1% |
| Furniture and vehicles | 24 | €28,702 | €19,627 | -€9,075 | -31.6% |
| Current assets | 29/58 | €38,782 | €29,841 | -€8,941 | -23.1% |
| Amounts receivable within one year | 40/41 | €27,632 | €29,798 | +€2,165 | +7.8% |
| Trade receivables | 40 | €21,786 | €24,075 | +€2,289 | +10.5% |
| Other amounts receivable | 41 | €5,846 | €5,723 | -€123 | -2.1% |
| Cash at bank and in hand | 54/58 | €11,150 | €43 | -€11,107 | -99.6% |
| Total equity and liabilities | 10/49 | €83,618 | €62,198 | -€21,420 | -25.6% |
| Equity | 10/15 | €46,584 | €57,651 | +€11,067 | +23.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €44,584 | €55,651 | +€11,067 | +24.8% |
| Distributable reserves | 133 | €44,584 | €55,651 | +€11,067 | +24.8% |
| Amounts payable | 17/49 | €37,034 | €4,547 | -€32,487 | -87.7% |
| Amounts payable within one year | 42/48 | €37,034 | €4,547 | -€32,487 | -87.7% |
| Trade debts | 44 | €1,407 | - | -€1,407 | |
| Suppliers | 440/4 | €1,407 | - | -€1,407 | |
| Advances received on contracts in progress | 46 | €17,995 | - | -€17,995 | |
| Taxes, remuneration and social security | 45 | €11,410 | €2,943 | -€8,467 | -74.2% |
| Taxes | 450/3 | €11,410 | €2,943 | -€8,467 | -74.2% |
| Other amounts payable | 47/48 | €6,222 | €1,605 | -€4,617 | -74.2% |
| Remuneration, social security and pensions | 62 | €651 | - | -€651 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,991 | €12,478 | -€513 | -3.9% |
| Other operating charges | 640/8 | €705 | €227 | -€478 | -67.8% |
| Gross operating margin | 9900 | €34,470 | €26,715 | -€7,755 | -22.5% |
| Operating profit (loss) | 9901 | €20,122 | €14,010 | -€6,113 | -30.4% |
| Financial charges | 65/66B | €763 | - | -€763 | |
| Recurring financial charges | 65 | €763 | - | -€763 | |
| Profit (loss) for the period before taxes | 9903 | €19,359 | €14,010 | -€5,350 | -27.6% |
| Income taxes | 67/77 | €4,026 | €2,943 | -€1,083 | -26.9% |
| Profit (loss) for the period | 9904 | €15,333 | €11,067 | -€4,267 | -27.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,333 | €11,067 | -€4,267 | -27.8% |
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 14 October 2026 via checked.be.