TJ 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.
TJ CONSTRUCT
Largest movements
- Cash +€6,634
up €6,634 (+97.9%), from €6,778 to €13,412
mainly Net result for the year (+€19,781) and Depreciation (+€1,919)
- Receivables within one year +€5,752
up €5,752 (+14.3%), from €40,331 to €46,084
of which Trade receivables: +€6,816
- Tangible fixed assets +€2,730
up €2,730 (+200.8%), from €1,360 to €4,090
- Deferred charges and accrued income +€2,281
new in 2025: €2,281
- Profit (loss) carried forward +€19,781
up €19,781 (+56.1%), from €35,244 to €55,025
- Tax, wage and social debts -€2,384
down €2,384 (-23.3%), from €10,226 to €7,842
- Turnover -€152,163
no longer reported in 2025 (was €152,163)
- Purchases and services -€113,658
no longer reported in 2025 (was €113,658)
- Gross operating margin -€12,031
down €12,031 (-31.2%), from €38,506 to €26,475
- Taxes -€3,248
down €3,248 (-38.0%), from €8,548 to €5,300
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 | €48,470 | €65,867 | +€17,397 | +35.9% |
| Fixed assets | 21/28 | €1,360 | €4,090 | +€2,730 | +200.8% |
| Tangible fixed assets | 22/27 | €1,360 | €4,090 | +€2,730 | +200.8% |
| Plant, machinery and equipment | 23 | €1,360 | €4,090 | +€2,730 | +200.8% |
| Current assets | 29/58 | €47,110 | €61,777 | +€14,667 | +31.1% |
| Amounts receivable within one year | 40/41 | €40,331 | €46,084 | +€5,752 | +14.3% |
| Trade receivables | 40 | €7,133 | €13,949 | +€6,816 | +95.6% |
| Other amounts receivable | 41 | €33,198 | €32,135 | -€1,064 | -3.2% |
| Cash at bank and in hand | 54/58 | €6,778 | €13,412 | +€6,634 | +97.9% |
| Deferred charges and accrued income | 490/1 | - | €2,281 | +€2,281 | |
| Total equity and liabilities | 10/49 | €48,470 | €65,867 | +€17,397 | +35.9% |
| Equity | 10/15 | €38,244 | €58,025 | +€19,781 | +51.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,244 | €55,025 | +€19,781 | +56.1% |
| Amounts payable | 17/49 | €10,226 | €7,842 | -€2,384 | -23.3% |
| Amounts payable within one year | 42/48 | €10,226 | €7,842 | -€2,384 | -23.3% |
| Taxes, remuneration and social security | 45 | €10,226 | €7,842 | -€2,384 | -23.3% |
| Taxes | 450/3 | €10,226 | €7,842 | -€2,384 | -23.3% |
| Turnover | 70 | €152,163 | - | -€152,163 | |
| Goods, raw materials, services and sundry goods | 60/61 | €113,658 | - | -€113,658 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,922 | €1,919 | -€1,003 | -34.3% |
| Other operating charges | 640/8 | €1,494 | €1,405 | -€89 | -6.0% |
| Gross operating margin | 9900 | €38,506 | €26,475 | -€12,031 | -31.2% |
| Operating profit (loss) | 9901 | €34,090 | €23,151 | -€10,939 | -32.1% |
| Financial income | 75/76B | €1,386 | €1,964 | +€578 | +41.7% |
| Recurring financial income | 75 | €1,386 | €1,964 | +€578 | +41.7% |
| Financial charges | 65/66B | €241 | €33 | -€208 | -86.2% |
| Recurring financial charges | 65 | €241 | €33 | -€208 | -86.2% |
| Profit (loss) for the period before taxes | 9903 | €35,234 | €25,081 | -€10,153 | -28.8% |
| Income taxes | 67/77 | €8,548 | €5,300 | -€3,248 | -38.0% |
| Profit (loss) for the period | 9904 | €26,686 | €19,781 | -€6,905 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €26,686 | €19,781 | -€6,905 | -25.9% |
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 8 October 2026 via checked.be.