SJC3D PIPING & 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.
SJC3D PIPING & CONSTRUCT
Largest movements
- Receivables within one year +€189,735
up €189,735 (+2974.5%), from €6,379 to €196,113
of which Trade receivables: +€146,087
- Cash +€103,744
up €103,744 (+3598.3%), from €2,883 to €106,627
mainly Net result for the year (+€153,279) and Trade debts (+€105,402)
- Stocks and contracts +€27,249
new in 2025: €27,249
- Profit (loss) carried forward +€153,279
up €153,279 (+16112.4%), from €951 to €154,230
- Trade debts +€105,402
up €105,402 (+4987.8%), from €2,113 to €107,515
- Tax, wage and social debts +€66,102
up €66,102 (+3587.9%), from €1,842 to €67,945
of which Taxes: +€46,990
- Gross operating margin +€470,241
up €470,241 (+1827.2%), from €25,735 to €495,976
- Staff costs +€268,927
up €268,927 (+1007.4%), from €26,695 to €295,623
- Taxes +€46,990
new in 2025: €46,990
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,907 | €334,690 | +€324,783 | +3278.3% |
| Fixed assets | 21/28 | - | €1,009 | +€1,009 | |
| Tangible fixed assets | 22/27 | - | €1,009 | +€1,009 | |
| Plant, machinery and equipment | 23 | - | €1,009 | +€1,009 | |
| Current assets | 29/58 | €9,907 | €333,681 | +€323,774 | +3268.2% |
| Stocks and contracts in progress | 3 | - | €27,249 | +€27,249 | |
| Stocks | 30/36 | - | €27,249 | +€27,249 | |
| Amounts receivable within one year | 40/41 | €6,379 | €196,113 | +€189,735 | +2974.5% |
| Trade receivables | 40 | €6,022 | €152,109 | +€146,087 | +2425.9% |
| Other amounts receivable | 41 | €357 | €44,004 | +€43,647 | +12235.1% |
| Cash at bank and in hand | 54/58 | €2,883 | €106,627 | +€103,744 | +3598.3% |
| Deferred charges and accrued income | 490/1 | €645 | €3,692 | +€3,047 | +472.4% |
| Total equity and liabilities | 10/49 | €9,907 | €334,690 | +€324,783 | +3278.3% |
| Equity | 10/15 | €5,951 | €159,230 | +€153,279 | +2575.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €951 | €154,230 | +€153,279 | +16112.4% |
| Amounts payable | 17/49 | €3,956 | €175,460 | +€171,504 | +4335.7% |
| Amounts payable within one year | 42/48 | €3,956 | €175,460 | +€171,504 | +4335.7% |
| Trade debts | 44 | €2,113 | €107,515 | +€105,402 | +4987.8% |
| Suppliers | 440/4 | €2,113 | €107,515 | +€105,402 | +4987.8% |
| Taxes, remuneration and social security | 45 | €1,842 | €67,945 | +€66,102 | +3587.9% |
| Taxes | 450/3 | - | €46,990 | +€46,990 | |
| Remuneration and social security | 454/9 | €1,842 | €20,955 | +€19,113 | +1037.4% |
| Remuneration, social security and pensions | 62 | €26,695 | €295,623 | +€268,927 | +1007.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €230 | +€230 | |
| Gross operating margin | 9900 | €25,735 | €495,976 | +€470,241 | +1827.2% |
| Operating profit (loss) | 9901 | -€960 | €200,124 | +€201,084 | |
| Financial income | 75/76B | - | €382 | +€382 | |
| Recurring financial income | 75 | - | €382 | +€382 | |
| Financial charges | 65/66B | €153 | €237 | +€84 | +55.0% |
| Recurring financial charges | 65 | €153 | €237 | +€84 | +55.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,113 | €200,269 | +€201,382 | |
| Income taxes | 67/77 | - | €46,990 | +€46,990 | |
| Profit (loss) for the period | 9904 | -€1,113 | €153,279 | +€154,392 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,113 | €153,279 | +€154,392 |
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 10 October 2026 via checked.be.