GENERAL CONSTRUCTIONS SKRT: 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.
GENERAL CONSTRUCTIONS SKRT
Largest movements
- Cash -€84,423
down €84,423 (-37.4%), from €225,522 to €141,099
mainly Trade debts (-€45,521) and Receivables within one year (-€36,949)
- Receivables within one year +€36,949
up €36,949 (+14.6%), from €253,613 to €290,562
of which Trade receivables: +€34,568
- Stocks and contracts +€31,727
up €31,727 (+10.3%), from €307,062 to €338,789
- Tangible fixed assets -€14,632
down €14,632 (-67.6%), from €21,636 to €7,005
of which Furniture and vehicles: -€12,788
- Trade debts -€45,521
down €45,521 (-9.2%), from €497,269 to €451,748
- Tax, wage and social debts +€9,448
up €9,448 (+31.0%), from €30,456 to €39,904
of which Taxes: +€10,248
- Depreciation -€33,773
down €33,773 (-78.0%), from €43,279 to €9,506
- Staff costs +€15,411
up €15,411 (+18.0%), from €85,772 to €101,183
- Gross operating margin +€5,445
up €5,445 (+3.8%), from €144,874 to €150,319
- Taxes -€4,042
down €4,042 (-99.8%), from €4,050 to €8
- Financial income +€1,763
up €1,763 (+10.4%), from €16,896 to €18,659
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.
Derived cash bridge
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 | €839,341 | €809,249 | -€30,093 | -3.6% |
| Fixed assets | 21/28 | €21,636 | €7,005 | -€14,632 | -67.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €21,636 | €7,005 | -€14,632 | -67.6% |
| Plant, machinery and equipment | 23 | €4,699 | €3,405 | -€1,294 | -27.5% |
| Furniture and vehicles | 24 | €14,618 | €1,830 | -€12,788 | -87.5% |
| Other tangible fixed assets | 26 | €2,320 | €1,770 | -€550 | -23.7% |
| Current assets | 29/58 | €817,705 | €802,244 | -€15,461 | -1.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €307,062 | €338,789 | +€31,727 | +10.3% |
| Stocks | 30/36 | €307,062 | €338,789 | +€31,727 | +10.3% |
| Amounts receivable within one year | 40/41 | €253,613 | €290,562 | +€36,949 | +14.6% |
| Trade receivables | 40 | €246,863 | €281,431 | +€34,568 | +14.0% |
| Other amounts receivable | 41 | €6,751 | €9,131 | +€2,380 | +35.3% |
| Cash at bank and in hand | 54/58 | €225,522 | €141,099 | -€84,423 | -37.4% |
| Deferred charges and accrued income | 490/1 | €6,508 | €6,794 | +€286 | +4.4% |
| Total equity and liabilities | 10/49 | €839,341 | €809,249 | -€30,093 | -3.6% |
| Equity | 10/15 | €301,786 | €302,361 | +€574 | +0.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €279,786 | €280,361 | +€574 | +0.2% |
| Amounts payable | 17/49 | €537,555 | €506,888 | -€30,667 | -5.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €535,055 | €503,869 | -€31,186 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €1,288 | €0 | -€1,288 | -100% |
| Trade debts | 44 | €497,269 | €451,748 | -€45,521 | -9.2% |
| Suppliers | 440/4 | €497,269 | €451,748 | -€45,521 | -9.2% |
| Taxes, remuneration and social security | 45 | €30,456 | €39,904 | +€9,448 | +31.0% |
| Taxes | 450/3 | €14,574 | €24,822 | +€10,248 | +70.3% |
| Remuneration and social security | 454/9 | €15,883 | €15,082 | -€801 | -5.0% |
| Other amounts payable | 47/48 | €6,041 | €12,217 | +€6,176 | +102% |
| Accrued charges and deferred income | 492/3 | €2,500 | €3,019 | +€519 | +20.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €85,772 | €101,183 | +€15,411 | +18.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,279 | €9,506 | -€33,773 | -78.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €3,812 | €2,688 | -€1,124 | -29.5% |
| Non-recurring operating charges | 66A | €7,700 | €37,574 | +€29,875 | +388% |
| Gross operating margin | 9900 | €144,874 | €150,319 | +€5,445 | +3.8% |
| Operating profit (loss) | 9901 | €4,312 | -€632 | -€4,944 | |
| Financial income | 75/76B | €16,896 | €18,659 | +€1,763 | +10.4% |
| Recurring financial income | 75 | €16,896 | €18,659 | +€1,763 | +10.4% |
| Financial charges | 65/66B | €1,601 | €2,445 | +€844 | +52.7% |
| Recurring financial charges | 65 | €1,601 | €2,445 | +€844 | +52.7% |
| Profit (loss) for the period before taxes | 9903 | €19,607 | €15,582 | -€4,025 | -20.5% |
| Income taxes | 67/77 | €4,050 | €8 | -€4,042 | -99.8% |
| Profit (loss) for the period | 9904 | €15,557 | €15,574 | +€18 | +0.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,557 | €15,574 | +€18 | +0.1% |
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 13 October 2026 via checked.be.