S.J. 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.
S.J. CONSTRUCT
Largest movements
- Cash -€10,580
down €10,580 (-66.7%), from €15,873 to €5,293
mainly Net result for the year (-€13,622) and Trade debts (-€13,288)
- Receivables within one year -€9,823
down €9,823 (-14.2%), from €69,270 to €59,447
of which Other amounts receivable: -€14,882
- Tangible fixed assets -€5,945
down €5,945 (-47.7%), from €12,458 to €6,513
- Profit (loss) carried forward -€13,622
down €13,622 (-23.4%), from -€58,202 to -€71,824
- Trade debts -€13,288
down €13,288 (-89.4%), from €14,866 to €1,578
- Tax, wage and social debts +€1,247
up €1,247 (+85.7%), from €1,455 to €2,701
of which Taxes: +€1,584
- Gross operating margin -€2,310
down €2,310 (-34.1%), from €6,783 to €4,473
- Other operating charges -€1,569
down €1,569 (-65.9%), from €2,380 to €811
- Staff costs +€1,284
up €1,284 (+20.7%), from €6,215 to €7,499
- Financial charges -€531
down €531 (-14.5%), from €3,671 to €3,141
- Depreciation +€107
up €107 (+1.7%), from €6,438 to €6,545
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 | €100,549 | €74,019 | -€26,531 | -26.4% |
| Fixed assets | 21/28 | €14,983 | €9,038 | -€5,945 | -39.7% |
| Tangible fixed assets | 22/27 | €12,458 | €6,513 | -€5,945 | -47.7% |
| Furniture and vehicles | 24 | €12,458 | €6,513 | -€5,945 | -47.7% |
| Financial fixed assets | 28 | €2,525 | €2,525 | = | 0.0% |
| Current assets | 29/58 | €85,566 | €64,980 | -€20,586 | -24.1% |
| Amounts receivable within one year | 40/41 | €69,270 | €59,447 | -€9,823 | -14.2% |
| Trade receivables | 40 | - | €5,059 | +€5,059 | |
| Other amounts receivable | 41 | €69,270 | €54,388 | -€14,882 | -21.5% |
| Cash at bank and in hand | 54/58 | €15,873 | €5,293 | -€10,580 | -66.7% |
| Deferred charges and accrued income | 490/1 | €423 | €240 | -€183 | -43.2% |
| Total equity and liabilities | 10/49 | €100,549 | €74,019 | -€26,531 | -26.4% |
| Equity | 10/15 | €83,361 | €69,740 | -€13,622 | -16.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €135,363 | €135,363 | = | 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 | €133,503 | €135,363 | +€1,860 | +1.4% |
| Profit (loss) carried forward | 14 | -€58,202 | -€71,824 | -€13,622 | -23.4% |
| Amounts payable | 17/49 | €17,188 | €4,279 | -€12,909 | -75.1% |
| Amounts payable within one year | 42/48 | €17,188 | €4,279 | -€12,909 | -75.1% |
| Trade debts | 44 | €14,866 | €1,578 | -€13,288 | -89.4% |
| Suppliers | 440/4 | €14,866 | €1,578 | -€13,288 | -89.4% |
| Taxes, remuneration and social security | 45 | €1,455 | €2,701 | +€1,247 | +85.7% |
| Taxes | 450/3 | €424 | €2,008 | +€1,584 | +373.7% |
| Remuneration and social security | 454/9 | €1,030 | €693 | -€338 | -32.8% |
| Other amounts payable | 47/48 | €868 | - | -€868 | |
| Remuneration, social security and pensions | 62 | €6,215 | €7,499 | +€1,284 | +20.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,438 | €6,545 | +€107 | +1.7% |
| Other operating charges | 640/8 | €2,380 | €811 | -€1,569 | -65.9% |
| Gross operating margin | 9900 | €6,783 | €4,473 | -€2,310 | -34.1% |
| Operating profit (loss) | 9901 | -€8,250 | -€10,382 | -€2,132 | -25.8% |
| Financial income | 75/76B | €1 | €40 | +€39 | +2725.4% |
| Recurring financial income | 75 | €1 | €40 | +€39 | +2725.4% |
| Financial charges | 65/66B | €3,671 | €3,141 | -€531 | -14.5% |
| Recurring financial charges | 65 | €3,671 | €3,141 | -€531 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,920 | -€13,482 | -€1,562 | -13.1% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€12,051 | -€13,622 | -€1,570 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,051 | -€13,622 | -€1,570 | -13.0% |
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 5 October 2026 via checked.be.