JUMA 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.
JUMA Construct
Largest movements
- Cash +€60,924
up €60,924 (+22.0%), from €277,125 to €338,050
mainly Other debts (+€160,164) and Net result for the year (+€69,096)
- Tangible fixed assets -€19,811
down €19,811 (-44.5%), from €44,489 to €24,679
of which Leasing and similar rights: -€17,950
- Receivables within one year +€4,930
up €4,930 (+30.9%), from €15,957 to €20,888
of which Trade receivables: +€2,636
- Other debts +€160,164
up €160,164 (+3,126%), from €5,124 to €165,288
- Reserves -€95,904
down €95,904 (-34.4%), from €278,391 to €182,487
- Debts after one year -€14,397
down €14,397 (-50.7%), from €28,411 to €14,013
- Gross operating margin +€14,484
up €14,484 (+15.4%), from €93,781 to €108,265
- Taxes +€3,041
up €3,041 (+20.8%), from €14,625 to €17,666
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 | €338,833 | €384,930 | +€46,096 | +13.6% |
| Fixed assets | 21/28 | €44,489 | €24,679 | -€19,811 | -44.5% |
| Tangible fixed assets | 22/27 | €44,489 | €24,679 | -€19,811 | -44.5% |
| Plant, machinery and equipment | 23 | €13,605 | €11,745 | -€1,861 | -13.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Leasing and similar rights | 25 | €30,884 | €12,934 | -€17,950 | -58.1% |
| Current assets | 29/58 | €294,344 | €360,251 | +€65,907 | +22.4% |
| Amounts receivable within one year | 40/41 | €15,957 | €20,888 | +€4,930 | +30.9% |
| Trade receivables | 40 | €15,957 | €18,594 | +€2,636 | +16.5% |
| Other amounts receivable | 41 | - | €2,294 | +€2,294 | |
| Cash at bank and in hand | 54/58 | €277,125 | €338,050 | +€60,924 | +22.0% |
| Deferred charges and accrued income | 490/1 | €1,261 | €1,314 | +€53 | +4.2% |
| Total equity and liabilities | 10/49 | €338,833 | €384,930 | +€46,096 | +13.6% |
| Equity | 10/15 | €279,391 | €183,487 | -€95,904 | -34.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €278,391 | €182,487 | -€95,904 | -34.4% |
| Distributable reserves | 133 | €278,391 | €182,487 | -€95,904 | -34.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €59,442 | €201,443 | +€142,000 | +239% |
| Amounts payable after more than one year | 17 | €28,411 | €14,013 | -€14,397 | -50.7% |
| Financial debts | 170/4 | €28,411 | €14,013 | -€14,397 | -50.7% |
| Amounts payable within one year | 42/48 | €30,913 | €187,430 | +€156,517 | +506% |
| Current portion of amounts payable after more than one year | 42 | €13,892 | €14,397 | +€506 | +3.6% |
| Trade debts | 44 | €4,225 | €3,129 | -€1,096 | -26.0% |
| Suppliers | 440/4 | €4,225 | €3,129 | -€1,096 | -26.0% |
| Taxes, remuneration and social security | 45 | €7,672 | €4,615 | -€3,057 | -39.8% |
| Taxes | 450/3 | €5,072 | €2,015 | -€3,057 | -60.3% |
| Remuneration and social security | 454/9 | €2,600 | €2,600 | = | 0.0% |
| Other amounts payable | 47/48 | €5,124 | €165,288 | +€160,164 | +3,126% |
| Accrued charges and deferred income | 492/3 | €119 | €0 | -€119 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,271 | €19,811 | -€461 | -2.3% |
| Other operating charges | 640/8 | €1,198 | €305 | -€893 | -74.5% |
| Gross operating margin | 9900 | €93,781 | €108,265 | +€14,484 | +15.4% |
| Operating profit (loss) | 9901 | €72,311 | €88,149 | +€15,838 | +21.9% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,805 | €1,387 | -€418 | -23.1% |
| Recurring financial charges | 65 | €1,805 | €1,387 | -€418 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €70,508 | €86,762 | +€16,254 | +23.1% |
| Income taxes | 67/77 | €14,625 | €17,666 | +€3,041 | +20.8% |
| Profit (loss) for the period | 9904 | €55,882 | €69,096 | +€13,214 | +23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,882 | €69,096 | +€13,214 | +23.6% |
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 13 October 2026 via checked.be.