OJP 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.
What changed
OJP Construct
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.3m
2024 · €1.3m+€976,829
Equity
€5.8m
2024 · €3.5m+€2.3m
Cash
€3.6m
2024 · €2.3m+€1.3m
Balance sheet total
€11.1m
2024 · €8.0m+€3.2m
Largest movements
Assets
- Cash +€1.3m
up €1.3m (+58.7%), from €2.3m to €3.6m
mainly Net result for the year (+€2.3m) and Trade debts (+€1.2m)
- Receivables within one year +€1.1m
up €1.1m (+21.0%), from €5.0m to €6.1m
of which Trade receivables: +€1.0m
- Receivables after one year +€403,013
new in 2025: €403,013
- Financial fixed assets +€250,000
up €250,000 (+640.2%), from €39,050 to €289,050
- Tangible fixed assets +€111,846
up €111,846 (+19.5%), from €572,485 to €684,332
of which Other tangible fixed assets: +€103,376
Equity and liabilities
- Profit (loss) carried forward +€2.3m
up €2.3m (+65.1%), from €3.5m to €5.7m
- Trade debts +€1.2m
up €1.2m (+35.3%), from €3.3m to €4.4m
- Provisions -€350,000
down €350,000 (-50.0%), from €700,000 to €350,000
- Current portion of long-term debt +€167,699
up €167,699 (+198.8%), from €84,364 to €252,063
Income statement
- Turnover +€20.4m
new in 2025: €20.4m
- Goods and materials +€15.6m
new in 2025: €15.6m
- Gross operating margin -€3.5m
no longer reported in 2025 (was €3.5m)
- Provisions -€1.1m
down €1.1m, from €700,000 to -€350,000
- Services and other goods +€847,196
new in 2025: €847,196
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.
Result 2024
€1.3m
Turnover
+€20.4m
Other operating income
+€11,563
Goods and materials
-€15.6m
Services and other goods
-€847,196
Staff costs
-€331,457
Depreciation
-€27,023
Provisions
+€1.1m
Other operating charges
+€47,334
Other operating items
-€3.5m
Financial income
+€21,951
Financial charges
-€11,636
Taxes
-€311,141
Result 2025
€2.3m
Cash bridge derived
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.
From operations
+€1.6m
Investment
-€421,675
Financing
+€167,699
Cash 2024
€2.3m
From operations (derived)
+€1.6m
Net result for the year
+€2.3m
Depreciation
+€59,829
Receivables after one year
-€403,013
Receivables within one year
-€1.1m
Deferred charges and accrued income
-€13,624
Provisions
-€350,000
Trade debts
+€1.2m
Tax, wage and social debts
-€66,917
Smaller working-capital items
+€6,713
Investment (derived)
-€421,675
Investment in fixed assets (net)
-€421,675
Financing
+€167,699
Current portion of long-term debt
+€167,699
Cash 2025
€3.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,968,801 | €11,143,369 | +€3.2m | +39.8% |
| Fixed assets | 21/28 | €611,535 | €973,382 | +€361,846 | +59.2% |
| Tangible fixed assets | 22/27 | €572,485 | €684,332 | +€111,846 | +19.5% |
| Land and buildings | 22 | €357,207 | €345,827 | -€11,380 | -3.2% |
| Furniture and vehicles | 24 | €54,000 | €73,850 | +€19,850 | +36.8% |
| Other tangible fixed assets | 26 | €161,279 | €264,655 | +€103,376 | +64.1% |
| Financial fixed assets | 28 | €39,050 | €289,050 | +€250,000 | +640.2% |
| Affiliated companies | 280/1 | - | €289,050 | +€289,050 | |
| Participating interests | 280 | - | €289,050 | +€289,050 | |
| Current assets | 29/58 | €7,357,265 | €10,169,987 | +€2.8m | +38.2% |
| Amounts receivable after more than one year | 29 | - | €403,013 | +€403,013 | |
| Other amounts receivable | 291 | - | €403,013 | +€403,013 | |
| Amounts receivable within one year | 40/41 | €5,038,569 | €6,095,965 | +€1.1m | +21.0% |
| Trade receivables | 40 | €5,028,589 | €6,045,265 | +€1.0m | +20.2% |
| Other amounts receivable | 41 | €9,980 | €50,700 | +€40,720 | +408.0% |
| Cash at bank and in hand | 54/58 | €2,280,158 | €3,618,846 | +€1.3m | +58.7% |
| Deferred charges and accrued income | 490/1 | €38,539 | €52,163 | +€13,624 | +35.4% |
| Total equity and liabilities | 10/49 | €7,968,801 | €11,143,369 | +€3.2m | +39.8% |
| Equity | 10/15 | €3,489,939 | €5,755,117 | +€2.3m | +64.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €3,481,579 | €5,746,757 | +€2.3m | +65.1% |
| Provisions and deferred taxes | 16 | €700,000 | €350,000 | -€350,000 | -50.0% |
| Provisions for liabilities and charges | 160/5 | €700,000 | €350,000 | -€350,000 | -50.0% |
| Other liabilities and charges | 164/5 | €700,000 | €350,000 | -€350,000 | -50.0% |
| Amounts payable | 17/49 | €3,778,862 | €5,038,252 | +€1.3m | +33.3% |
| Amounts payable within one year | 42/48 | €3,773,677 | €5,029,585 | +€1.3m | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €84,364 | €252,063 | +€167,699 | +198.8% |
| Trade debts | 44 | €3,259,413 | €4,411,309 | +€1.2m | +35.3% |
| Suppliers | 440/4 | €3,259,413 | €4,411,309 | +€1.2m | +35.3% |
| Taxes, remuneration and social security | 45 | €424,859 | €357,941 | -€66,917 | -15.8% |
| Taxes | 450/3 | €356,673 | €220,646 | -€136,027 | -38.1% |
| Remuneration and social security | 454/9 | €68,186 | €137,296 | +€69,110 | +101.4% |
| Other amounts payable | 47/48 | €5,041 | €8,272 | +€3,231 | +64.1% |
| Accrued charges and deferred income | 492/3 | €5,185 | €8,667 | +€3,482 | +67.2% |
| Operating income | 70/76A | - | €20,434,154 | +€20.4m | |
| Turnover | 70 | - | €20,422,591 | +€20.4m | |
| Other operating income | 74 | - | €11,563 | +€11,563 | |
| Operating charges | 60/66A | - | €17,411,959 | +€17.4m | |
| Goods for resale, raw materials and consumables | 60 | - | €15,576,666 | +€15.6m | |
| Purchases | 600/8 | - | €15,576,666 | +€15.6m | |
| Services and other goods | 61 | - | €847,196 | +€847,196 | |
| Remuneration, social security and pensions | 62 | €934,145 | €1,265,602 | +€331,457 | +35.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,806 | €59,829 | +€27,023 | +82.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €700,000 | -€350,000 | -€1.1m | |
| Other operating charges | 640/8 | €60,001 | €12,668 | -€47,334 | -78.9% |
| Gross operating margin | 9900 | €3,471,491 | - | -€3.5m | |
| Operating profit (loss) | 9901 | €1,744,539 | €3,022,195 | +€1.3m | +73.2% |
| Financial income | 75/76B | €1 | €21,951 | +€21,951 | +3181249.3% |
| Recurring financial income | 75 | €1 | €21,951 | +€21,951 | +3181249.3% |
| Other financial income | 752/9 | - | €21,951 | +€21,951 | |
| Financial charges | 65/66B | €5,122 | €16,758 | +€11,636 | +227.2% |
| Recurring financial charges | 65 | €5,122 | €16,758 | +€11,636 | +227.2% |
| Other financial charges | 652/9 | - | €16,758 | +€16,758 | |
| Profit (loss) for the period before taxes | 9903 | €1,739,418 | €3,027,388 | +€1.3m | +74.0% |
| Income taxes | 67/77 | €451,069 | €762,210 | +€311,141 | +69.0% |
| Taxes | 670/3 | - | €762,210 | +€762,210 | |
| Profit (loss) for the period | 9904 | €1,288,349 | €2,265,178 | +€976,829 | +75.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,288,349 | €2,265,178 | +€976,829 | +75.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.