Constitution sprl Sove Construction: what changed
Constitution sprl Sove Construction
Largest movements
- Cash +€77,362
up €77,362 (+2,580%), from €2,999 to €80,361
mainly Receivables within one year (+€62,963) and Net result for the year (+€32,256)
- Receivables within one year -€62,963
down €62,963 (-40.2%), from €156,487 to €93,524
of which Trade receivables: -€62,963
- Profit (loss) carried forward +€32,256
up €32,256 (+35.9%), from €89,885 to €122,141
- Tax, wage and social debts -€18,733
down €18,733 (-30.4%), from €61,533 to €42,800
of which Remuneration and social security: -€26,798
- Turnover -€32,757
down €32,757 (-5.3%), from €612,400 to €579,643
- Purchases and services -€28,223
down €28,223 (-5.0%), from €563,852 to €535,629
- Depreciation -€8,964
no longer reported in 2023 (was €8,964)
Change in the result, 2022 to 2023
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 2022 and 2023 balance sheets and the 2023 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 | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €169,516 | €183,039 | +€13,523 | +8.0% |
| Fixed assets | 21/28 | €9,154 | €9,154 | = | 0.0% |
| Tangible fixed assets | 22/27 | €9,154 | €9,154 | = | 0.0% |
| Furniture and vehicles | 24 | €9,154 | €9,154 | = | 0.0% |
| Current assets | 29/58 | €160,362 | €173,885 | +€13,523 | +8.4% |
| Amounts receivable within one year | 40/41 | €156,487 | €93,524 | -€62,963 | -40.2% |
| Trade receivables | 40 | €126,258 | €63,295 | -€62,963 | -49.9% |
| Other amounts receivable | 41 | €30,229 | €30,229 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,999 | €80,361 | +€77,362 | +2,580% |
| Deferred charges and accrued income | 490/1 | €876 | - | -€876 | |
| Total equity and liabilities | 10/49 | €169,516 | €183,039 | +€13,523 | +8.0% |
| Equity | 10/15 | €90,385 | €122,641 | +€32,256 | +35.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | €500 | = | 0.0% |
| Issued capital | 100 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,885 | €122,141 | +€32,256 | +35.9% |
| Amounts payable | 17/49 | €79,131 | €60,398 | -€18,733 | -23.7% |
| Amounts payable within one year | 42/48 | €79,131 | €60,398 | -€18,733 | -23.7% |
| Trade debts | 44 | €17,598 | €17,598 | = | 0.0% |
| Suppliers | 440/4 | €17,598 | €17,598 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €61,533 | €42,800 | -€18,733 | -30.4% |
| Taxes | 450/3 | €34,735 | €42,800 | +€8,065 | +23.2% |
| Remuneration and social security | 454/9 | €26,798 | €0 | -€26,798 | -100% |
| Turnover | 70 | €612,400 | €579,643 | -€32,757 | -5.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €563,852 | €535,629 | -€28,223 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,964 | - | -€8,964 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,507 | €392 | -€1,115 | -74.0% |
| Gross operating margin | 9900 | €48,548 | €44,013 | -€4,535 | -9.3% |
| Operating profit (loss) | 9901 | €38,077 | €43,621 | +€5,544 | +14.6% |
| Financial charges | 65/66B | €933 | €3,299 | +€2,366 | +254% |
| Recurring financial charges | 65 | €933 | €3,299 | +€2,366 | +254% |
| Profit (loss) for the period before taxes | 9903 | €37,144 | €40,322 | +€3,178 | +8.6% |
| Income taxes | 67/77 | €7,412 | €8,066 | +€654 | +8.8% |
| Profit (loss) for the period | 9904 | €29,732 | €32,256 | +€2,524 | +8.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,732 | €32,256 | +€2,524 | +8.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.