JST CONSTRUCT: what changed
JST CONSTRUCT
Largest movements
- Receivables within one year -€114,184
down €114,184 (-88.1%), from €129,606 to €15,421
of which Trade receivables: -€113,143
- Stocks and contracts +€11,329
up €11,329 (+591%), from €1,916 to €13,246
of which Contracts in progress: +€10,000
- Tangible fixed assets -€6,777
down €6,777 (-46.7%), from €14,502 to €7,725
of which Furniture and vehicles: -€3,666
- Cash -€5,066
down €5,066 (-19.8%), from €25,599 to €20,534
mainly Trade debts (-€93,037) and Advances received (-€13,486)
- Trade debts -€93,037
down €93,037 (-95.9%), from €97,041 to €4,004
- Advances received -€13,486
no longer reported in 2025 (was €13,486)
- Profit (loss) carried forward -€5,214
down €5,214, from €2,482 to -€2,732
- Debts after one year -€2,955
no longer reported in 2025 (was €2,955)
- Taxes -€5,453
down €5,453 (-88.7%), from €6,151 to €697
- Gross operating margin -€4,778
down €4,778 (-50.8%), from €9,401 to €4,623
- Financial income -€1,885
down €1,885 (-98.2%), from €1,919 to €34
- Depreciation -€832
down €832 (-10.9%), from €7,609 to €6,777
- Other operating charges -€547
down €547 (-26.7%), from €2,051 to €1,505
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €172,973 | €57,426 | -€115,547 | -66.8% |
| Fixed assets | 21/28 | €14,502 | €7,725 | -€6,777 | -46.7% |
| Tangible fixed assets | 22/27 | €14,502 | €7,725 | -€6,777 | -46.7% |
| Plant, machinery and equipment | 23 | €8,143 | €5,032 | -€3,111 | -38.2% |
| Furniture and vehicles | 24 | €6,359 | €2,693 | -€3,666 | -57.7% |
| Current assets | 29/58 | €158,471 | €49,701 | -€108,770 | -68.6% |
| Stocks and contracts in progress | 3 | €1,916 | €13,246 | +€11,329 | +591% |
| Stocks | 30/36 | €1,916 | €3,246 | +€1,329 | +69.4% |
| Contracts in progress | 37 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €129,606 | €15,421 | -€114,184 | -88.1% |
| Trade receivables | 40 | €121,706 | €8,563 | -€113,143 | -93.0% |
| Other amounts receivable | 41 | €7,899 | €6,858 | -€1,041 | -13.2% |
| Cash at bank and in hand | 54/58 | €25,599 | €20,534 | -€5,066 | -19.8% |
| Deferred charges and accrued income | 490/1 | €1,350 | €500 | -€849 | -62.9% |
| Total equity and liabilities | 10/49 | €172,973 | €57,426 | -€115,547 | -66.8% |
| Equity | 10/15 | €52,942 | €47,728 | -€5,214 | -9.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €49,460 | €49,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,460 | €19,460 | = | 0.0% |
| Reserves not available under the articles | 1311 | €19,460 | €19,460 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,482 | -€2,732 | -€5,214 | |
| Amounts payable | 17/49 | €120,031 | €9,698 | -€110,333 | -91.9% |
| Amounts payable after more than one year | 17 | €2,955 | - | -€2,955 | |
| Financial debts | 170/4 | €2,955 | - | -€2,955 | |
| Amounts payable within one year | 42/48 | €117,076 | €9,518 | -€107,559 | -91.9% |
| Current portion of amounts payable after more than one year | 42 | €3,722 | €2,955 | -€767 | -20.6% |
| Trade debts | 44 | €97,041 | €4,004 | -€93,037 | -95.9% |
| Suppliers | 440/4 | €97,041 | €4,004 | -€93,037 | -95.9% |
| Advances received on contracts in progress | 46 | €13,486 | - | -€13,486 | |
| Taxes, remuneration and social security | 45 | €2,828 | €2,559 | -€268 | -9.5% |
| Taxes | 450/3 | €2,828 | €2,559 | -€268 | -9.5% |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,609 | €6,777 | -€832 | -10.9% |
| Other operating charges | 640/8 | €2,051 | €1,505 | -€547 | -26.7% |
| Gross operating margin | 9900 | €9,401 | €4,623 | -€4,778 | -50.8% |
| Operating profit (loss) | 9901 | -€260 | -€3,659 | -€3,399 | -1,309% |
| Financial income | 75/76B | €1,919 | €34 | -€1,885 | -98.2% |
| Recurring financial income | 75 | €1,919 | €34 | -€1,885 | -98.2% |
| Financial charges | 65/66B | €1,117 | €891 | -€226 | -20.2% |
| Recurring financial charges | 65 | €1,117 | €891 | -€226 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €542 | -€4,516 | -€5,058 | |
| Income taxes | 67/77 | €6,151 | €697 | -€5,453 | -88.7% |
| Profit (loss) for the period | 9904 | -€5,609 | -€5,214 | +€395 | +7.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,609 | -€5,214 | +€395 | +7.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.