S.G.R.L. CONSTRUCT: 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.
S.G.R.L. CONSTRUCT
Largest movements
- Receivables within one year +€45,068
up €45,068 (+141%), from €32,037 to €77,105
of which Other amounts receivable: +€24,741
- Tangible fixed assets +€1,293
up €1,293 (+6.2%), from €20,934 to €22,227
- Trade debts +€26,987
up €26,987 (+173%), from €15,617 to €42,603
of which Bills of exchange payable: +€21,426
- Profit (loss) carried forward +€17,732
up €17,732 (+178%), from €9,986 to €27,717
- Tax, wage and social debts +€6,464
up €6,464 (+139%), from €4,636 to €11,100
of which Taxes: +€4,384
- Debts after one year -€5,417
down €5,417 (-31.6%), from €17,139 to €11,722
- Turnover +€200,236
new in 2025: €200,236
- Purchases and services +€171,165
new in 2025: €171,165
- Other operating charges -€31,667
down €31,667 (-99.4%), from €31,869 to €202
- Gross operating margin -€19,885
down €19,885 (-40.6%), from €48,956 to €29,071
- Taxes +€2,761
up €2,761 (+95.9%), from €2,880 to €5,640
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 | €53,828 | €99,630 | +€45,801 | +85.1% |
| Fixed assets | 21/28 | €20,934 | €22,227 | +€1,293 | +6.2% |
| Tangible fixed assets | 22/27 | €20,934 | €22,227 | +€1,293 | +6.2% |
| Furniture and vehicles | 24 | €20,934 | €22,227 | +€1,293 | +6.2% |
| Current assets | 29/58 | €32,894 | €77,402 | +€44,508 | +135% |
| Amounts receivable within one year | 40/41 | €32,037 | €77,105 | +€45,068 | +141% |
| Trade receivables | 40 | €17,931 | €38,258 | +€20,327 | +113% |
| Other amounts receivable | 41 | €14,106 | €38,848 | +€24,741 | +175% |
| Cash at bank and in hand | 54/58 | €857 | €297 | -€559 | -65.3% |
| Total equity and liabilities | 10/49 | €53,828 | €99,630 | +€45,801 | +85.1% |
| Equity | 10/15 | €10,486 | €28,217 | +€17,732 | +169% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,986 | €27,717 | +€17,732 | +178% |
| Amounts payable | 17/49 | €43,343 | €71,412 | +€28,070 | +64.8% |
| Amounts payable after more than one year | 17 | €17,139 | €11,722 | -€5,417 | -31.6% |
| Financial debts | 170/4 | €17,139 | €11,722 | -€5,417 | -31.6% |
| Amounts payable within one year | 42/48 | €26,203 | €59,690 | +€33,486 | +128% |
| Current portion of amounts payable after more than one year | 42 | €5,950 | €5,954 | +€3 | +0.1% |
| Financial debts | 43 | - | €32 | +€32 | |
| Credit institutions | 430/8 | - | €32 | +€32 | |
| Trade debts | 44 | €15,617 | €42,603 | +€26,987 | +173% |
| Suppliers | 440/4 | €9,914 | €15,475 | +€5,561 | +56.1% |
| Bills of exchange payable | 441 | €5,702 | €27,128 | +€21,426 | +376% |
| Taxes, remuneration and social security | 45 | €4,636 | €11,100 | +€6,464 | +139% |
| Taxes | 450/3 | €4,136 | €8,520 | +€4,384 | +106% |
| Remuneration and social security | 454/9 | €500 | €2,580 | +€2,080 | +416% |
| Turnover | 70 | - | €200,236 | +€200,236 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €171,165 | +€171,165 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,102 | €4,707 | +€2,605 | +124% |
| Other operating charges | 640/8 | €31,869 | €202 | -€31,667 | -99.4% |
| Gross operating margin | 9900 | €48,956 | €29,071 | -€19,885 | -40.6% |
| Operating profit (loss) | 9901 | €14,985 | €24,161 | +€9,176 | +61.2% |
| Financial income | 75/76B | - | €1,472 | +€1,472 | |
| Recurring financial income | 75 | - | €1,472 | +€1,472 | |
| Financial charges | 65/66B | €2,408 | €2,261 | -€147 | -6.1% |
| Recurring financial charges | 65 | €2,408 | €2,261 | -€147 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €12,577 | €23,372 | +€10,795 | +85.8% |
| Income taxes | 67/77 | €2,880 | €5,640 | +€2,761 | +95.9% |
| Profit (loss) for the period | 9904 | €9,697 | €17,732 | +€8,034 | +82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €9,697 | €17,732 | +€8,034 | +82.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.