JT 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.
JT CONSTRUCT
Largest movements
- Deferred charges and accrued income +€11,216
up €11,216 (+277.6%), from €4,040 to €15,256
- Receivables within one year +€9,990
up €9,990 (+477.6%), from €2,092 to €12,082
of which Trade receivables: +€10,603
- Cash -€6,794
down €6,794 (-66.1%), from €10,272 to €3,478
mainly Deferred charges and accrued income (-€11,216) and Receivables within one year (-€9,990)
- Tangible fixed assets +€4,381
up €4,381 (+125.9%), from €3,479 to €7,861
of which Furniture and vehicles: +€3,190
- Profit (loss) carried forward +€6,900
up €6,900 (+54.3%), from €12,715 to €19,614
- Debts after one year +€6,378
new in 2024: €6,378
- Current portion of long-term debt +€5,645
new in 2024: €5,645
- Trade debts -€2,057
down €2,057 (-70.3%), from €2,927 to €870
- Tax, wage and social debts +€1,978
up €1,978 (+62.0%), from €3,191 to €5,170
- Depreciation +€2,660
up €2,660 (+407.5%), from €653 to €3,313
- Other operating charges +€1,855
up €1,855 (+339.0%), from €547 to €2,402
- Gross operating margin -€1,785
down €1,785 (-10.4%), from €17,110 to €15,325
- Taxes -€1,213
down €1,213 (-38.0%), from €3,191 to €1,978
- Financial charges +€728
up €728 (+17502.6%), from €4 to €732
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 | €19,883 | €38,676 | +€18,793 | +94.5% |
| Fixed assets | 21/28 | €3,479 | €7,861 | +€4,381 | +125.9% |
| Tangible fixed assets | 22/27 | €3,479 | €7,861 | +€4,381 | +125.9% |
| Plant, machinery and equipment | 23 | - | €1,191 | +€1,191 | |
| Furniture and vehicles | 24 | €3,479 | €6,670 | +€3,190 | +91.7% |
| Current assets | 29/58 | €16,403 | €30,815 | +€14,412 | +87.9% |
| Amounts receivable within one year | 40/41 | €2,092 | €12,082 | +€9,990 | +477.6% |
| Trade receivables | 40 | €364 | €10,967 | +€10,603 | +2912.9% |
| Other amounts receivable | 41 | €1,728 | €1,115 | -€613 | -35.5% |
| Cash at bank and in hand | 54/58 | €10,272 | €3,478 | -€6,794 | -66.1% |
| Deferred charges and accrued income | 490/1 | €4,040 | €15,256 | +€11,216 | +277.6% |
| Total equity and liabilities | 10/49 | €19,883 | €38,676 | +€18,793 | +94.5% |
| Equity | 10/15 | €13,715 | €20,614 | +€6,900 | +50.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,715 | €19,614 | +€6,900 | +54.3% |
| Amounts payable | 17/49 | €6,168 | €18,062 | +€11,894 | +192.8% |
| Amounts payable after more than one year | 17 | - | €6,378 | +€6,378 | |
| Financial debts | 170/4 | - | €6,378 | +€6,378 | |
| Amounts payable within one year | 42/48 | €6,168 | €11,684 | +€5,516 | +89.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,645 | +€5,645 | |
| Trade debts | 44 | €2,927 | €870 | -€2,057 | -70.3% |
| Suppliers | 440/4 | €2,927 | €870 | -€2,057 | -70.3% |
| Taxes, remuneration and social security | 45 | €3,191 | €5,170 | +€1,978 | +62.0% |
| Taxes | 450/3 | €3,191 | €5,170 | +€1,978 | +62.0% |
| Other amounts payable | 47/48 | €49 | - | -€49 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €653 | €3,313 | +€2,660 | +407.5% |
| Other operating charges | 640/8 | €547 | €2,402 | +€1,855 | +339.0% |
| Gross operating margin | 9900 | €17,110 | €15,325 | -€1,785 | -10.4% |
| Operating profit (loss) | 9901 | €15,910 | €9,610 | -€6,300 | -39.6% |
| Financial charges | 65/66B | €4 | €732 | +€728 | +17502.6% |
| Recurring financial charges | 65 | €4 | €732 | +€728 | +17502.6% |
| Profit (loss) for the period before taxes | 9903 | €15,906 | €8,878 | -€7,028 | -44.2% |
| Income taxes | 67/77 | €3,191 | €1,978 | -€1,213 | -38.0% |
| Profit (loss) for the period | 9904 | €12,715 | €6,900 | -€5,815 | -45.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,715 | €6,900 | -€5,815 | -45.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.