PJ 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.
PJ CONSTRUCT
Largest movements
- Cash -€332
down €332 (-90.5%), from €367 to €35
mainly Tax, wage and social debts (-€820) and Receivables within one year (-€171)
- Receivables within one year +€171
up €171 (+4.7%), from €3,666 to €3,837
of which Other amounts receivable: +€171
- Tax, wage and social debts -€820
down €820 (-97.0%), from €845 to €25
- Trade debts +€379
new in 2025: €379
- Profit (loss) carried forward +€279
up €279 (+1.8%), from -€15,655 to -€15,375
- Other operating charges -€457
down €457 (-49.8%), from €918 to €461
- Financial charges -€141
down €141 (-82.5%), from €171 to €30
- Gross operating margin -€97
down €97 (-10.9%), from €893 to €796
- Taxes +€25
new in 2025: €25
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 | €4,033 | €3,872 | -€161 | -4.0% |
| Current assets | 29/58 | €4,033 | €3,872 | -€161 | -4.0% |
| Amounts receivable within one year | 40/41 | €3,666 | €3,837 | +€171 | +4.7% |
| Trade receivables | 40 | €1,130 | €1,130 | = | 0.0% |
| Other amounts receivable | 41 | €2,536 | €2,707 | +€171 | +6.7% |
| Cash at bank and in hand | 54/58 | €367 | €35 | -€332 | -90.5% |
| Total equity and liabilities | 10/49 | €4,033 | €3,872 | -€161 | -4.0% |
| Equity | 10/15 | €2,945 | €3,225 | +€279 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,655 | -€15,375 | +€279 | +1.8% |
| Amounts payable | 17/49 | €1,088 | €647 | -€441 | -40.5% |
| Amounts payable within one year | 42/48 | €1,088 | €647 | -€441 | -40.5% |
| Trade debts | 44 | - | €379 | +€379 | |
| Suppliers | 440/4 | - | €379 | +€379 | |
| Taxes, remuneration and social security | 45 | €845 | €25 | -€820 | -97.0% |
| Taxes | 450/3 | €845 | €25 | -€820 | -97.0% |
| Other amounts payable | 47/48 | €242 | €242 | = | 0.0% |
| Other operating charges | 640/8 | €918 | €461 | -€457 | -49.8% |
| Gross operating margin | 9900 | €893 | €796 | -€97 | -10.9% |
| Operating profit (loss) | 9901 | -€25 | €335 | +€360 | |
| Financial charges | 65/66B | €171 | €30 | -€141 | -82.5% |
| Recurring financial charges | 65 | €171 | €30 | -€141 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | -€196 | €305 | +€501 | |
| Income taxes | 67/77 | - | €25 | +€25 | |
| Profit (loss) for the period | 9904 | -€196 | €279 | +€476 | |
| Profit (loss) for the period to be appropriated | 9905 | -€196 | €279 | +€476 |
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.