S.A 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.
S.A CONSTRUCT
Largest movements
- Receivables within one year -€6,693
down €6,693 (-39.4%), from €16,999 to €10,306
of which Trade receivables: -€6,618
- Deferred charges and accrued income +€5,341
new in 2024: €5,341
- Cash -€2,384
down €2,384 (-26.1%), from €9,144 to €6,760
mainly Trade debts (-€10,508) and Deferred charges and accrued income (-€5,341)
- Financial fixed assets +€300
new in 2024: €300
- Trade debts -€10,508
down €10,508 (-55.0%), from €19,120 to €8,611
- Profit (loss) carried forward +€6,322
up €6,322 (+129.0%), from €4,899 to €11,222
- Tax, wage and social debts +€1,581
up €1,581 (+122.1%), from €1,295 to €2,875
- Other debts -€830
no longer reported in 2024 (was €830)
- Gross operating margin +€1,040
up €1,040 (+14.9%), from €6,988 to €8,027
- Financial charges -€669
down €669 (-84.3%), from €794 to €125
- Taxes +€286
up €286 (+22.1%), from €1,295 to €1,581
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €26,143 | €22,708 | -€3,435 | -13.1% |
| Fixed assets | 21/28 | - | €300 | +€300 | |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €26,143 | €22,408 | -€3,735 | -14.3% |
| Amounts receivable within one year | 40/41 | €16,999 | €10,306 | -€6,693 | -39.4% |
| Trade receivables | 40 | €15,991 | €9,374 | -€6,618 | -41.4% |
| Other amounts receivable | 41 | €1,008 | €933 | -€75 | -7.5% |
| Cash at bank and in hand | 54/58 | €9,144 | €6,760 | -€2,384 | -26.1% |
| Deferred charges and accrued income | 490/1 | - | €5,341 | +€5,341 | |
| Total equity and liabilities | 10/49 | €26,143 | €22,708 | -€3,435 | -13.1% |
| Equity | 10/15 | €4,899 | €11,222 | +€6,322 | +129.0% |
| Profit (loss) carried forward | 14 | €4,899 | €11,222 | +€6,322 | +129.0% |
| Amounts payable | 17/49 | €21,244 | €11,486 | -€9,758 | -45.9% |
| Amounts payable within one year | 42/48 | €21,244 | €11,486 | -€9,758 | -45.9% |
| Trade debts | 44 | €19,120 | €8,611 | -€10,508 | -55.0% |
| Suppliers | 440/4 | €19,120 | €8,611 | -€10,508 | -55.0% |
| Taxes, remuneration and social security | 45 | €1,295 | €2,875 | +€1,581 | +122.1% |
| Taxes | 450/3 | €1,295 | €2,875 | +€1,581 | +122.1% |
| Other amounts payable | 47/48 | €830 | - | -€830 | |
| Gross operating margin | 9900 | €6,988 | €8,027 | +€1,040 | +14.9% |
| Operating profit (loss) | 9901 | €6,988 | €8,027 | +€1,040 | +14.9% |
| Financial charges | 65/66B | €794 | €125 | -€669 | -84.3% |
| Recurring financial charges | 65 | €794 | €125 | -€669 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | €6,194 | €7,903 | +€1,709 | +27.6% |
| Income taxes | 67/77 | €1,295 | €1,581 | +€286 | +22.1% |
| Profit (loss) for the period | 9904 | €4,899 | €6,322 | +€1,423 | +29.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,899 | €6,322 | +€1,423 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.