S.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.L. CONSTRUCT
Largest movements
- Cash -€1,951
down €1,951 (-3.1%), from €63,641 to €61,690
mainly Other debts (-€5,478) and Tax, wage and social debts (-€4,298)
- Receivables within one year -€1,882
down €1,882 (-19.6%), from €9,595 to €7,714
- Tangible fixed assets +€1,610
up €1,610 (+968%), from €166 to €1,776
- Reserves +€9,194
up €9,194 (+20.0%), from €46,013 to €55,207
- Other debts -€5,478
down €5,478 (-71.7%), from €7,636 to €2,157
- Tax, wage and social debts -€4,298
down €4,298 (-36.2%), from €11,875 to €7,578
- Trade debts -€1,299
down €1,299 (-97.6%), from €1,332 to €33
- Depreciation -€1,096
down €1,096 (-77.4%), from €1,416 to €320
- Gross operating margin +€1,064
up €1,064 (+7.7%), from €13,787 to €14,851
- Taxes +€483
up €483 (+11.9%), from €4,074 to €4,557
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 | €73,403 | €71,180 | -€2,223 | -3.0% |
| Fixed assets | 21/28 | €166 | €1,776 | +€1,610 | +968% |
| Tangible fixed assets | 22/27 | €166 | €1,776 | +€1,610 | +968% |
| Furniture and vehicles | 24 | €166 | €1,776 | +€1,610 | +968% |
| Current assets | 29/58 | €73,237 | €69,404 | -€3,833 | -5.2% |
| Amounts receivable within one year | 40/41 | €9,595 | €7,714 | -€1,882 | -19.6% |
| Trade receivables | 40 | €9,595 | €7,714 | -€1,882 | -19.6% |
| Cash at bank and in hand | 54/58 | €63,641 | €61,690 | -€1,951 | -3.1% |
| Total equity and liabilities | 10/49 | €73,403 | €71,180 | -€2,223 | -3.0% |
| Equity | 10/15 | €52,218 | €61,413 | +€9,194 | +17.6% |
| Contributions | 10/11 | €6,205 | €6,205 | = | 0.0% |
| Reserves | 13 | €46,013 | €55,207 | +€9,194 | +20.0% |
| Distributable reserves | 133 | €46,013 | €55,207 | +€9,194 | +20.0% |
| Amounts payable | 17/49 | €21,185 | €9,767 | -€11,417 | -53.9% |
| Amounts payable within one year | 42/48 | €20,843 | €9,767 | -€11,076 | -53.1% |
| Trade debts | 44 | €1,332 | €33 | -€1,299 | -97.6% |
| Suppliers | 440/4 | €1,332 | €33 | -€1,299 | -97.6% |
| Taxes, remuneration and social security | 45 | €11,875 | €7,578 | -€4,298 | -36.2% |
| Taxes | 450/3 | €11,875 | €7,578 | -€4,298 | -36.2% |
| Other amounts payable | 47/48 | €7,636 | €2,157 | -€5,478 | -71.7% |
| Accrued charges and deferred income | 492/3 | €342 | - | -€342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,416 | €320 | -€1,096 | -77.4% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | €13,787 | €14,851 | +€1,064 | +7.7% |
| Operating profit (loss) | 9901 | €11,921 | €14,070 | +€2,148 | +18.0% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €391 | €319 | -€72 | -18.5% |
| Recurring financial charges | 65 | €391 | €319 | -€72 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €11,532 | €13,751 | +€2,219 | +19.2% |
| Income taxes | 67/77 | €4,074 | €4,557 | +€483 | +11.9% |
| Profit (loss) for the period | 9904 | €7,458 | €9,194 | +€1,736 | +23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,458 | €9,194 | +€1,736 | +23.3% |
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 21 October 2026 via checked.be.