NDJ 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.
NDJ CONSTRUCT
Largest movements
- Cash +€168,939
up €168,939 (+5909.2%), from €2,859 to €171,798
mainly Current portion of long-term debt (+€150,000) and Trade debts (+€79,054)
- Receivables within one year +€111,552
up €111,552 (+728.5%), from €15,312 to €126,864
of which Trade receivables: +€77,624
- Tangible fixed assets +€7,513
up €7,513 (+312.7%), from €2,402 to €9,916
- Deferred charges and accrued income +€3,515
up €3,515 (+301.5%), from €1,166 to €4,681
- Current portion of long-term debt +€150,000
new in 2024: €150,000
- Trade debts +€79,054
up €79,054 (+522.2%), from €15,139 to €94,193
- Profit (loss) carried forward +€51,270
up €51,270 (+1602.5%), from €3,199 to €54,469
- Tax, wage and social debts +€11,381
up €11,381 (+1264.5%), from €900 to €12,281
of which Taxes: +€10,500
- Gross operating margin +€79,680
up €79,680 (+1836.2%), from €4,339 to €84,020
- Taxes +€19,521
up €19,521 (+2168.9%), from €900 to €20,421
- Financial charges +€4,452
up €4,452 (+19786.2%), from €23 to €4,474
- Staff costs +€3,975
new in 2024: €3,975
- Depreciation +€2,325
up €2,325 (+1068.4%), from €218 to €2,542
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 | €21,739 | €313,443 | +€291,705 | +1341.9% |
| Fixed assets | 21/28 | €2,402 | €10,101 | +€7,698 | +320.4% |
| Tangible fixed assets | 22/27 | €2,402 | €9,916 | +€7,513 | +312.7% |
| Furniture and vehicles | 24 | €2,402 | €9,916 | +€7,513 | +312.7% |
| Financial fixed assets | 28 | - | €185 | +€185 | |
| Current assets | 29/58 | €19,336 | €303,343 | +€284,006 | +1468.8% |
| Amounts receivable within one year | 40/41 | €15,312 | €126,864 | +€111,552 | +728.5% |
| Trade receivables | 40 | €11,422 | €89,046 | +€77,624 | +679.6% |
| Other amounts receivable | 41 | €3,889 | €37,818 | +€33,929 | +872.4% |
| Cash at bank and in hand | 54/58 | €2,859 | €171,798 | +€168,939 | +5909.2% |
| Deferred charges and accrued income | 490/1 | €1,166 | €4,681 | +€3,515 | +301.5% |
| Total equity and liabilities | 10/49 | €21,739 | €313,443 | +€291,705 | +1341.9% |
| Equity | 10/15 | €5,699 | €56,969 | +€51,270 | +899.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,199 | €54,469 | +€51,270 | +1602.5% |
| Amounts payable | 17/49 | €16,039 | €256,474 | +€240,435 | +1499.0% |
| Amounts payable within one year | 42/48 | €16,039 | €256,474 | +€240,435 | +1499.0% |
| Current portion of amounts payable after more than one year | 42 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €15,139 | €94,193 | +€79,054 | +522.2% |
| Suppliers | 440/4 | €15,139 | €94,193 | +€79,054 | +522.2% |
| Taxes, remuneration and social security | 45 | €900 | €12,281 | +€11,381 | +1264.5% |
| Taxes | 450/3 | €900 | €11,400 | +€10,500 | +1166.7% |
| Remuneration and social security | 454/9 | - | €881 | +€881 | |
| Remuneration, social security and pensions | 62 | - | €3,975 | +€3,975 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €218 | €2,542 | +€2,325 | +1068.4% |
| Other operating charges | 640/8 | - | €1,698 | +€1,698 | |
| Gross operating margin | 9900 | €4,339 | €84,020 | +€79,680 | +1836.2% |
| Operating profit (loss) | 9901 | €4,122 | €75,805 | +€71,683 | +1739.1% |
| Financial income | 75/76B | €0 | €360 | +€360 | +327190.9% |
| Recurring financial income | 75 | €0 | €360 | +€360 | +327190.9% |
| Financial charges | 65/66B | €23 | €4,474 | +€4,452 | +19786.2% |
| Recurring financial charges | 65 | €23 | €4,474 | +€4,452 | +19786.2% |
| Profit (loss) for the period before taxes | 9903 | €4,099 | €71,690 | +€67,591 | +1648.8% |
| Income taxes | 67/77 | €900 | €20,421 | +€19,521 | +2168.9% |
| Profit (loss) for the period | 9904 | €3,199 | €51,270 | +€48,070 | +1502.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,199 | €51,270 | +€48,070 | +1502.5% |
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 2 October 2026 via checked.be.