S.F.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.F.CONSTRUCT
Largest movements
- Receivables within one year +€913
up €913 (+6.9%), from €13,307 to €14,220
of which Other amounts receivable: +€961
- Short-term financial debts +€2,700
up €2,700 (+107.5%), from €2,513 to €5,214
- Profit (loss) carried forward -€1,841
down €1,841 (-97.5%), from €1,889 to €48
- Gross operating margin -€1,054
down €1,054, from €117 to -€937
- Financial charges +€222
up €222 (+32.5%), from €682 to €904
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,307 | €14,220 | +€913 | +6.9% |
| Current assets | 29/58 | €13,307 | €14,220 | +€913 | +6.9% |
| Amounts receivable within one year | 40/41 | €13,307 | €14,220 | +€913 | +6.9% |
| Trade receivables | 40 | €685 | €637 | -€48 | -7.0% |
| Other amounts receivable | 41 | €12,622 | €13,583 | +€961 | +7.6% |
| Total equity and liabilities | 10/49 | €13,307 | €14,220 | +€913 | +6.9% |
| Equity | 10/15 | €9,949 | €8,108 | -€1,841 | -18.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,889 | €48 | -€1,841 | -97.5% |
| Amounts payable | 17/49 | €3,358 | €6,112 | +€2,754 | +82.0% |
| Amounts payable within one year | 42/48 | €2,978 | €5,626 | +€2,648 | +88.9% |
| Financial debts | 43 | €2,513 | €5,214 | +€2,700 | +107.5% |
| Credit institutions | 430/8 | €2,513 | €5,214 | +€2,700 | +107.5% |
| Trade debts | 44 | €423 | €412 | -€10 | -2.4% |
| Suppliers | 440/4 | €423 | €412 | -€10 | -2.4% |
| Taxes, remuneration and social security | 45 | €43 | - | -€43 | |
| Taxes | 450/3 | €43 | - | -€43 | |
| Accrued charges and deferred income | 492/3 | €379 | €486 | +€107 | +28.1% |
| Gross operating margin | 9900 | €117 | -€937 | -€1,054 | |
| Operating profit (loss) | 9901 | €117 | -€937 | -€1,054 | |
| Financial charges | 65/66B | €682 | €904 | +€222 | +32.5% |
| Recurring financial charges | 65 | €682 | €904 | +€222 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | -€565 | -€1,841 | -€1,276 | -225.8% |
| Profit (loss) for the period | 9904 | -€565 | -€1,841 | -€1,276 | -225.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€565 | -€1,841 | -€1,276 | -225.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.