SBM CONSTRUCT
Annual accounts 2025
full format, filed on 12-01-2026, 19 days before the deadlineMoney flows
of every €100 of turnover, €1.91 remains as profit in 2025Balance sheet
balance sheet total €1.0m on 30-06-2025in euro
in euro
Position in the sector
66.8%
Higher than 82% of 378 companies in 2025.
3.39
Higher than 79% of 373 companies in 2025.
8.3%
Higher than 67% of 377 companies in 2025.
Net result: middle half · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||
20/58 |
1.0m | 1.1m | 746,068 | 1.1m | 1.3m | 1.6m | 517,715 | 675,546 | |
21/28 |
145,954 | 59,203 | 99,643 | 141,433 | 150,439 | 135,843 | 71,197 | 81,778 | |
22/27 |
134,429 | 47,678 | 88,118 | 129,908 | 143,734 | 127,388 | 71,197 | 81,778 | |
23 |
- | 1,043 | - | 308 | 1,542 | 2,775 | - | 2,712 | |
24 |
134,429 | 46,635 | 88,118 | 129,600 | 142,193 | 124,613 | 71,197 | 79,065 | |
28 |
11,525 | 11,525 | 11,525 | 11,525 | 6,705 | 8,455 | - | - | |
29/58 |
873,469 | 1.1m | 646,425 | 946,102 | 1.1m | 1.5m | 446,517 | 593,769 | |
29 |
20,000 | 20,000 | 20,000 | 20,000 | 190,000 | 190,000 | - | - | |
290 |
20,000 | 20,000 | 20,000 | 20,000 | 190,000 | 190,000 | - | - | |
3 |
- | - | - | 86,190 | 86,190 | 86,190 | 86,190 | - | |
30/36 |
- | - | - | 86,190 | 86,190 | 86,190 | 86,190 | - | |
40/41 |
731,417 | 876,273 | 565,270 | 827,767 | 513,118 | 326,283 | 151,371 | 526,256 | |
40 |
340,664 | 397,501 | 208,683 | 518,224 | 152,407 | 104,584 | 68,090 | 400,629 | |
41 |
390,753 | 478,772 | 356,587 | 309,543 | 360,710 | 221,699 | 83,280 | 125,628 | |
54/58 |
111,966 | 157,073 | 56,047 | 5,921 | 332,840 | 895,573 | - | 67,512 | |
490/1 |
10,086 | 8,676 | 5,108 | 6,224 | 11,272 | 7,095 | 208,956 | - | |
| Balance sheet: equity and liabilities | |||||||||
10/49 |
1.0m | 1.1m | 746,068 | 1.1m | 1.3m | 1.6m | 517,715 | 675,546 | |
10/15 |
680,956 | 584,252 | 453,243 | 389,021 | 400,829 | 318,250 | 52,850 | 27,279 | |
10/11 |
18,600 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | 12,400 | 12,400 | 12,400 | |
13 |
15,580 | 15,580 | 15,580 | 15,580 | 15,580 | 28,725 | 1,860 | 1,860 | |
130/1 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
130 |
- | - | - | - | - | 1,860 | 1,860 | 1,860 | |
1311 |
1,860 | 1,860 | 1,860 | 1,860 | 1,860 | - | - | - | |
132 |
13,720 | 13,720 | 13,720 | 13,720 | 13,720 | 26,865 | - | - | |
14 |
646,776 | 562,472 | 431,463 | 367,241 | 379,049 | 283,325 | 44,790 | 19,219 | |
16 |
- | - | - | - | - | - | 26,865 | 13,720 | |
160/5 |
- | - | - | - | - | - | 26,865 | 13,720 | |
163 |
- | - | - | - | - | - | - | 13,720 | |
164/5 |
- | - | - | - | - | - | 26,865 | - | |
17/49 |
338,467 | 536,974 | 292,824 | 698,514 | 883,031 | 1.3m | 437,999 | 634,547 | |
17 |
80,755 | 29,490 | 62,876 | 95,742 | 79,392 | - | - | - | |
170/4 |
80,755 | 29,490 | 62,876 | 95,742 | 79,392 | - | - | - | |
42/48 |
257,711 | 507,484 | 229,948 | 602,773 | 803,639 | 1.3m | 437,999 | 634,547 | |
43 |
58,754 | 33,386 | 32,866 | 32,353 | 21,154 | - | - | - | |
430/8 |
58,754 | 33,386 | 32,866 | 32,353 | 21,154 | - | - | - | |
44 |
168,024 | 428,307 | 172,182 | 452,345 | 600,215 | 1.1m | 257,363 | 548,731 | |
440/4 |
168,024 | 428,307 | 172,182 | 452,345 | 600,215 | 1.1m | 62,182 | 25,554 | |
441 |
- | - | - | - | - | - | 195,181 | 523,177 | |
45 |
30,934 | 45,790 | 24,900 | 31,885 | 96,080 | 164,501 | 94,446 | 85,817 | |
450/3 |
30,934 | 45,790 | 24,900 | 25,885 | 49,992 | 106,317 | 13,072 | 7,141 | |
454/9 |
- | - | - | 6,000 | 46,088 | 58,184 | 81,374 | 78,675 | |
47/48 |
- | - | - | 86,190 | 86,190 | 86,190 | 86,190 | - | |
| Income statement | |||||||||
70 |
4.4m | 4.1m | 3.3m | 3.8m | 4.2m | 4.3m | - | - | |
76A |
56,126 | 40,309 | 38,814 | 100,109 | 15,857 | 14,794 | - | - | |
9900 |
173,332 | 228,264 | 143,191 | 158,866 | 215,803 | 369,546 | 111,975 | 98,091 | |
60/61 |
4.3m | 3.9m | 3.2m | 3.7m | 4.0m | 3.9m | 2.3m | 2.2m | |
62 |
- | - | - | 6,882 | 37,313 | - | 2,080 | 303 | |
630 |
54,261 | 41,883 | 41,791 | 35,926 | 40,551 | 44,530 | 54,326 | 45,338 | |
640/8 |
288 | 188 | 4,498 | 45,612 | 8,397 | 7,622 | 2,080 | 8,938 | |
9901 |
118,783 | 186,193 | 96,903 | 70,446 | 129,542 | 317,394 | 53,489 | 43,512 | |
75/76B |
1,953 | 52 | 127 | 220 | 1,487 | 14,886 | - | 373 | |
75 |
1,953 | 52 | 127 | 220 | 1,487 | 14,886 | - | 373 | |
65/66B |
5,498 | 9,446 | 7,906 | 8,958 | 1,023 | 500 | 299 | 2,068 | |
65 |
5,498 | 9,446 | 7,906 | 8,958 | 1,023 | 500 | 299 | 2,068 | |
9903 |
115,238 | 176,799 | 89,123 | 61,707 | 130,006 | 331,781 | 53,190 | 41,818 | |
67/77 |
30,934 | 45,790 | 24,900 | 73,515 | 47,427 | 93,246 | 14,474 | 7,019 | |
9904 |
84,304 | 131,008 | 64,223 | -11,808 | 82,579 | 238,535 | 25,571 | 21,079 | |
789 |
- | - | - | - | 13,145 | - | - | - | |
9905 |
84,304 | 131,008 | 64,223 | -11,808 | 95,724 | 238,535 | 25,571 | 21,079 | |
| Appropriation of the result | |||||||||
9906 |
646,776 | 562,472 | 431,463 | 367,241 | 379,049 | 283,325 | 44,790 | 21,079 | |
14P |
562,472 | 431,463 | 367,241 | 379,049 | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | 1,860 | |
| Document | |||||||||
The notes to these accounts have 9 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 12-01-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | full format | 12-01-2026 | 2026-00010416 | |
| 30-06-2024 | full format | 22-01-2025 | 2025-00010041 | |
| 30-06-2023 | full format | 09-01-2024 | 2024-00546635 | |
| 30-06-2022 | full format | 18-01-2023 | 2023-00001181 | |
| 30-06-2021 | full format | 11-01-2022 | 2022-00800403 | |
| 30-06-2020 | full format | 30-01-2021 | 2021-03800180 | |
| 30-06-2019 | micro format | 26-02-2020 | 2020-05700510 | |
| 30-06-2018 | micro format | 02-04-2019 | 2019-09000377 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 |
|---|---|---|---|---|---|---|---|---|---|
| 173,044 | 228,076 | 138,693 | 106,371 | 170,093 | 361,924 | 107,815 | 88,850 | ||
| 138,565 | 172,892 | 106,013 | 24,117 | 123,130 | 283,065 | 79,897 | 66,416 | ||
| 141,012 | 1,444 | 0 | 56,479 | 114,528 | 109,175 | 43,746 | 127,115 | ||
| -45,107 | 101,026 | 50,127 | -326,919 | -562,733 | - | - | - | ||
| 615,757 | 554,538 | 416,477 | 343,329 | 329,781 | 182,408 | 8,518 | -40,779 | ||
| 2.7% | 4.5% | 2.9% | 1.9% | 3.1% | 7.5% | - | - | ||
| 66.8% | 52.1% | 60.8% | 35.8% | 31.2% | 19.4% | 10.2% | 4.0% | ||
| 3.39 | 2.09 | 2.81 | 1.57 | 1.41 | 1.14 | 1.02 | 0.94 | ||
| 3.39 | 2.09 | 2.81 | 1.43 | 1.30 | 1.07 | 0.82 | 0.94 | ||
| 0.50 | 0.92 | 0.65 | 1.80 | 2.20 | 4.16 | 8.29 | 23.26 | ||
| 12.4% | 22.4% | 14.2% | -3.0% | 20.6% | 75.0% | 48.4% | 77.3% | ||
| 8.3% | 11.7% | 8.6% | -1.1% | 6.4% | 14.5% | 4.9% | 3.1% | ||
| 31.47 | 24.14 | 17.54 | 11.87 | - | - | - | - | ||
| 28 days | 35 days | 23 days | 50 days | 13 days | 9 days | - | - | ||
| 14 days | 40 days | 20 days | 45 days | 55 days | 100 days | 40 days | 90 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | €141,012 | €1,444 | - | €51,659 |
| Financial fixed assets | - | - | - | €4,820 |
| €54,261 | €41,883 | €41,791 | €35,926 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on SBM CONSTRUCT
The operating result for 2025 is 36% lower than in 2024.
Debt's share of the balance-sheet total falls from 47.9% to 33.2%. Equity is higher and debt is lower.