S.G Pro 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.G Pro Construct
Largest movements
- Receivables within one year +€25,221
up €25,221 (+273.8%), from €9,211 to €34,432
of which Trade receivables: +€25,004
- Tangible fixed assets +€21,189
up €21,189 (+252.8%), from €8,382 to €29,572
of which Leasing and similar rights: +€26,803
- Stocks and contracts +€6,445
new in 2023: €6,445
- Cash -€1,904
down €1,904 (-52.4%), from €3,630 to €1,726
mainly Investment in fixed assets (net) (-€25,309) and Receivables within one year (-€25,221)
- Debts after one year +€31,605
new in 2023: €31,605
- Trade debts +€7,503
up €7,503 (+53.3%), from €14,082 to €21,585
- Current portion of long-term debt +€6,043
new in 2023: €6,043
- Short-term financial debts +€2,415
new in 2023: €2,415
- Other debts +€2,395
new in 2023: €2,395
- Staff costs -€17,222
down €17,222 (-41.2%), from €41,797 to €24,574
- Gross operating margin -€16,093
down €16,093 (-33.2%), from €48,402 to €32,309
- Financial charges +€2,772
up €2,772 (+6807.7%), from €41 to €2,813
of which Non-recurring financial charges: +€1,596
- Depreciation +€1,307
up €1,307 (+46.5%), from €2,813 to €4,119
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,223 | €72,783 | +€51,560 | +242.9% |
| Fixed assets | 21/28 | €8,382 | €29,572 | +€21,189 | +252.8% |
| Tangible fixed assets | 22/27 | €8,382 | €29,572 | +€21,189 | +252.8% |
| Furniture and vehicles | 24 | €8,382 | €2,769 | -€5,613 | -67.0% |
| Leasing and similar rights | 25 | - | €26,803 | +€26,803 | |
| Current assets | 29/58 | €12,841 | €43,211 | +€30,370 | +236.5% |
| Stocks and contracts in progress | 3 | - | €6,445 | +€6,445 | |
| Stocks | 30/36 | - | €6,445 | +€6,445 | |
| Amounts receivable within one year | 40/41 | €9,211 | €34,432 | +€25,221 | +273.8% |
| Trade receivables | 40 | €4,792 | €29,796 | +€25,004 | +521.7% |
| Other amounts receivable | 41 | €4,419 | €4,636 | +€218 | +4.9% |
| Cash at bank and in hand | 54/58 | €3,630 | €1,726 | -€1,904 | -52.4% |
| Deferred charges and accrued income | 490/1 | - | €608 | +€608 | |
| Total equity and liabilities | 10/49 | €21,223 | €72,783 | +€51,560 | +242.9% |
| Equity | 10/15 | €6,211 | €5,952 | -€259 | -4.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,211 | €1,952 | -€259 | -11.7% |
| Amounts payable | 17/49 | €15,012 | €66,831 | +€51,819 | +345.2% |
| Amounts payable after more than one year | 17 | - | €31,605 | +€31,605 | |
| Financial debts | 170/4 | - | €31,605 | +€31,605 | |
| Amounts payable within one year | 42/48 | €15,012 | €35,226 | +€20,214 | +134.6% |
| Current portion of amounts payable after more than one year | 42 | - | €6,043 | +€6,043 | |
| Financial debts | 43 | - | €2,415 | +€2,415 | |
| Credit institutions | 430/8 | - | €2,415 | +€2,415 | |
| Trade debts | 44 | €14,082 | €21,585 | +€7,503 | +53.3% |
| Suppliers | 440/4 | €14,082 | €21,585 | +€7,503 | +53.3% |
| Advances received on contracts in progress | 46 | - | €1,034 | +€1,034 | |
| Taxes, remuneration and social security | 45 | €931 | €1,755 | +€824 | +88.5% |
| Taxes | 450/3 | €931 | €1,755 | +€824 | +88.5% |
| Other amounts payable | 47/48 | - | €2,395 | +€2,395 | |
| Remuneration, social security and pensions | 62 | €41,797 | €24,574 | -€17,222 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,813 | €4,119 | +€1,307 | +46.5% |
| Other operating charges | 640/8 | €611 | €478 | -€133 | -21.8% |
| Gross operating margin | 9900 | €48,402 | €32,309 | -€16,093 | -33.2% |
| Operating profit (loss) | 9901 | €3,182 | €3,138 | -€44 | -1.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €41 | €2,813 | +€2,772 | +6807.7% |
| Recurring financial charges | 65 | €41 | €1,217 | +€1,176 | +2887.6% |
| Non-recurring financial charges | 66B | - | €1,596 | +€1,596 | |
| Profit (loss) for the period before taxes | 9903 | €3,142 | €325 | -€2,817 | -89.7% |
| Income taxes | 67/77 | €931 | €584 | -€346 | -37.2% |
| Profit (loss) for the period | 9904 | €2,211 | -€259 | -€2,470 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,211 | -€259 | -€2,470 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.