JT Bouw: 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.
JT Bouw
Largest movements
- Receivables within one year -€41,593
down €41,593 (-94.0%), from €44,252 to €2,658
of which Trade receivables: -€39,668
- Cash +€27,341
up €27,341 (+124%), from €21,962 to €49,303
mainly Receivables within one year (+€41,593) and Depreciation (+€11,569)
- Tangible fixed assets -€6,863
down €6,863 (-22.4%), from €30,605 to €23,742
of which Furniture and vehicles: -€6,610
- Trade debts -€27,629
down €27,629 (-84.7%), from €32,612 to €4,983
- Reserves +€8,491
up €8,491 (+37.6%), from €22,574 to €31,065
- Debts after one year -€5,392
down €5,392 (-23.7%), from €22,801 to €17,408
- Tax, wage and social debts +€5,278
up €5,278 (+59.0%), from €8,944 to €14,222
of which Taxes: +€3,978
- Other debts -€1,557
down €1,557 (-32.4%), from €4,809 to €3,252
- Depreciation +€10,640
up €10,640 (+1,146%), from €928 to €11,569
- Gross operating margin -€7,264
down €7,264 (-22.5%), from €32,356 to €25,092
- Taxes -€4,966
down €4,966 (-55.5%), from €8,944 to €3,978
- Financial charges +€1,155
up €1,155 (+14,401%), from €8 to €1,163
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 | €101,034 | €79,323 | -€21,711 | -21.5% |
| Fixed assets | 21/28 | €34,820 | €27,057 | -€7,763 | -22.3% |
| Intangible fixed assets | 21 | €4,215 | €3,315 | -€900 | -21.4% |
| Tangible fixed assets | 22/27 | €30,605 | €23,742 | -€6,863 | -22.4% |
| Plant, machinery and equipment | 23 | €1,096 | €843 | -€253 | -23.1% |
| Furniture and vehicles | 24 | €29,509 | €22,899 | -€6,610 | -22.4% |
| Current assets | 29/58 | €66,214 | €52,266 | -€13,948 | -21.1% |
| Amounts receivable within one year | 40/41 | €44,252 | €2,658 | -€41,593 | -94.0% |
| Trade receivables | 40 | €41,674 | €2,006 | -€39,668 | -95.2% |
| Other amounts receivable | 41 | €2,578 | €653 | -€1,925 | -74.7% |
| Cash at bank and in hand | 54/58 | €21,962 | €49,303 | +€27,341 | +124% |
| Deferred charges and accrued income | 490/1 | - | €305 | +€305 | |
| Total equity and liabilities | 10/49 | €101,034 | €79,323 | -€21,711 | -21.5% |
| Equity | 10/15 | €25,574 | €34,065 | +€8,491 | +33.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €22,574 | €31,065 | +€8,491 | +37.6% |
| Distributable reserves | 133 | €22,574 | €31,065 | +€8,491 | +37.6% |
| Amounts payable | 17/49 | €75,460 | €45,258 | -€30,202 | -40.0% |
| Amounts payable after more than one year | 17 | €22,801 | €17,408 | -€5,392 | -23.7% |
| Financial debts | 170/4 | €22,801 | €17,408 | -€5,392 | -23.7% |
| Amounts payable within one year | 42/48 | €52,659 | €27,850 | -€24,809 | -47.1% |
| Current portion of amounts payable after more than one year | 42 | €5,199 | €5,392 | +€193 | +3.7% |
| Trade debts | 44 | €32,612 | €4,983 | -€27,629 | -84.7% |
| Suppliers | 440/4 | €32,612 | €4,983 | -€27,629 | -84.7% |
| Advances received on contracts in progress | 46 | €1,094 | - | -€1,094 | |
| Taxes, remuneration and social security | 45 | €8,944 | €14,222 | +€5,278 | +59.0% |
| Taxes | 450/3 | €8,944 | €12,922 | +€3,978 | +44.5% |
| Remuneration and social security | 454/9 | - | €1,300 | +€1,300 | |
| Other amounts payable | 47/48 | €4,809 | €3,252 | -€1,557 | -32.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €928 | €11,569 | +€10,640 | +1,146% |
| Other operating charges | 640/8 | €118 | €174 | +€56 | +47.5% |
| Gross operating margin | 9900 | €32,356 | €25,092 | -€7,264 | -22.5% |
| Operating profit (loss) | 9901 | €31,310 | €13,349 | -€17,961 | -57.4% |
| Financial income | 75/76B | €217 | €283 | +€66 | +30.4% |
| Recurring financial income | 75 | €217 | €283 | +€66 | +30.4% |
| Financial charges | 65/66B | €8 | €1,163 | +€1,155 | +14,401% |
| Recurring financial charges | 65 | €8 | €1,163 | +€1,155 | +14,401% |
| Profit (loss) for the period before taxes | 9903 | €31,519 | €12,469 | -€19,050 | -60.4% |
| Income taxes | 67/77 | €8,944 | €3,978 | -€4,966 | -55.5% |
| Profit (loss) for the period | 9904 | €22,574 | €8,491 | -€14,083 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,574 | €8,491 | -€14,083 | -62.4% |
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 22 October 2026 via checked.be.