JST 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.
JST CONSTRUCT
Largest movements
- Receivables within one year -€114,184
down €114,184 (-88.1%), from €129,606 to €15,421
of which Trade receivables: -€113,143
- Stocks and contracts +€11,329
up €11,329 (+591%), from €1,916 to €13,246
of which Contracts in progress: +€10,000
- Tangible fixed assets -€6,777
down €6,777 (-46.7%), from €14,502 to €7,725
of which Furniture and vehicles: -€3,666
- Cash -€5,066
down €5,066 (-19.8%), from €25,599 to €20,534
mainly Trade debts (-€93,037) and Advances received (-€13,486)
- Trade debts -€93,037
down €93,037 (-95.9%), from €97,041 to €4,004
- Advances received -€13,486
no longer reported in 2025 (was €13,486)
- Profit (loss) carried forward -€5,214
down €5,214, from €2,482 to -€2,732
- Debts after one year -€2,955
no longer reported in 2025 (was €2,955)
- Taxes -€5,453
down €5,453 (-88.7%), from €6,151 to €697
- Gross operating margin -€4,778
down €4,778 (-50.8%), from €9,401 to €4,623
- Financial income -€1,885
down €1,885 (-98.2%), from €1,919 to €34
- Depreciation -€832
down €832 (-10.9%), from €7,609 to €6,777
- Other operating charges -€547
down €547 (-26.7%), from €2,051 to €1,505
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 | €172,973 | €57,426 | -€115,547 | -66.8% |
| Fixed assets | 21/28 | €14,502 | €7,725 | -€6,777 | -46.7% |
| Tangible fixed assets | 22/27 | €14,502 | €7,725 | -€6,777 | -46.7% |
| Plant, machinery and equipment | 23 | €8,143 | €5,032 | -€3,111 | -38.2% |
| Furniture and vehicles | 24 | €6,359 | €2,693 | -€3,666 | -57.7% |
| Current assets | 29/58 | €158,471 | €49,701 | -€108,770 | -68.6% |
| Stocks and contracts in progress | 3 | €1,916 | €13,246 | +€11,329 | +591% |
| Stocks | 30/36 | €1,916 | €3,246 | +€1,329 | +69.4% |
| Contracts in progress | 37 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €129,606 | €15,421 | -€114,184 | -88.1% |
| Trade receivables | 40 | €121,706 | €8,563 | -€113,143 | -93.0% |
| Other amounts receivable | 41 | €7,899 | €6,858 | -€1,041 | -13.2% |
| Cash at bank and in hand | 54/58 | €25,599 | €20,534 | -€5,066 | -19.8% |
| Deferred charges and accrued income | 490/1 | €1,350 | €500 | -€849 | -62.9% |
| Total equity and liabilities | 10/49 | €172,973 | €57,426 | -€115,547 | -66.8% |
| Equity | 10/15 | €52,942 | €47,728 | -€5,214 | -9.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,460 | €49,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,460 | €19,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,460 | €19,460 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,482 | -€2,732 | -€5,214 | |
| Amounts payable | 17/49 | €120,031 | €9,698 | -€110,333 | -91.9% |
| Amounts payable after more than one year | 17 | €2,955 | - | -€2,955 | |
| Financial debts | 170/4 | €2,955 | - | -€2,955 | |
| Amounts payable within one year | 42/48 | €117,076 | €9,518 | -€107,559 | -91.9% |
| Current portion of amounts payable after more than one year | 42 | €3,722 | €2,955 | -€767 | -20.6% |
| Trade debts | 44 | €97,041 | €4,004 | -€93,037 | -95.9% |
| Suppliers | 440/4 | €97,041 | €4,004 | -€93,037 | -95.9% |
| Advances received on contracts in progress | 46 | €13,486 | - | -€13,486 | |
| Taxes, remuneration and social security | 45 | €2,828 | €2,559 | -€268 | -9.5% |
| Taxes | 450/3 | €2,828 | €2,559 | -€268 | -9.5% |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,609 | €6,777 | -€832 | -10.9% |
| Other operating charges | 640/8 | €2,051 | €1,505 | -€547 | -26.7% |
| Gross operating margin | 9900 | €9,401 | €4,623 | -€4,778 | -50.8% |
| Operating profit (loss) | 9901 | -€260 | -€3,659 | -€3,399 | -1,309% |
| Financial income | 75/76B | €1,919 | €34 | -€1,885 | -98.2% |
| Recurring financial income | 75 | €1,919 | €34 | -€1,885 | -98.2% |
| Financial charges | 65/66B | €1,117 | €891 | -€226 | -20.2% |
| Recurring financial charges | 65 | €1,117 | €891 | -€226 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €542 | -€4,516 | -€5,058 | |
| Income taxes | 67/77 | €6,151 | €697 | -€5,453 | -88.7% |
| Profit (loss) for the period | 9904 | -€5,609 | -€5,214 | +€395 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,609 | -€5,214 | +€395 | +7.0% |
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 17 October 2026 via checked.be.