SACCO 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.
SACCO CONSTRUCT
Largest movements
- Cash +€39,741
up €39,741 (+194.1%), from €20,473 to €60,213
mainly Net result for the year (+€21,095) and Advances received (+€19,660)
- Receivables within one year -€3,726
no longer reported in 2025 (was €3,726)
- Deferred charges and accrued income -€2,034
no longer reported in 2025 (was €2,034)
- Tangible fixed assets -€1,368
down €1,368 (-50.5%), from €2,710 to €1,342
- Profit (loss) carried forward +€21,095
up €21,095, from -€13,335 to €7,760
- Advances received +€19,660
new in 2025: €19,660
- Other debts -€13,297
down €13,297 (-63.6%), from €20,914 to €7,617
- Tax, wage and social debts +€5,457
new in 2025: €5,457
- Gross operating margin -€13,043
down €13,043 (-31.4%), from €41,590 to €28,547
- Staff costs -€6,880
down €6,880 (-85.8%), from €8,016 to €1,136
- Taxes +€4,000
new in 2025: €4,000
- Financial charges -€1,522
down €1,522 (-82.4%), from €1,848 to €325
- Depreciation -€1,315
down €1,315 (-49.0%), from €2,683 to €1,368
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
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 | €28,942 | €61,555 | +€32,613 | +112.7% |
| Fixed assets | 21/28 | €2,710 | €1,342 | -€1,368 | -50.5% |
| Tangible fixed assets | 22/27 | €2,710 | €1,342 | -€1,368 | -50.5% |
| Plant, machinery and equipment | 23 | €2,710 | €1,342 | -€1,368 | -50.5% |
| Current assets | 29/58 | €26,233 | €60,213 | +€33,981 | +129.5% |
| Amounts receivable within one year | 40/41 | €3,726 | - | -€3,726 | |
| Other amounts receivable | 41 | €3,726 | - | -€3,726 | |
| Cash at bank and in hand | 54/58 | €20,473 | €60,213 | +€39,741 | +194.1% |
| Deferred charges and accrued income | 490/1 | €2,034 | - | -€2,034 | |
| Total equity and liabilities | 10/49 | €28,942 | €61,555 | +€32,613 | +112.7% |
| Equity | 10/15 | €6,666 | €27,760 | +€21,095 | +316.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,335 | €7,760 | +€21,095 | |
| Amounts payable | 17/49 | €22,277 | €33,795 | +€11,518 | +51.7% |
| Amounts payable within one year | 42/48 | €22,277 | €33,795 | +€11,518 | +51.7% |
| Trade debts | 44 | €1,363 | €1,061 | -€302 | -22.1% |
| Suppliers | 440/4 | €1,363 | €1,061 | -€302 | -22.1% |
| Advances received on contracts in progress | 46 | - | €19,660 | +€19,660 | |
| Taxes, remuneration and social security | 45 | - | €5,457 | +€5,457 | |
| Taxes | 450/3 | - | €5,457 | +€5,457 | |
| Other amounts payable | 47/48 | €20,914 | €7,617 | -€13,297 | -63.6% |
| Remuneration, social security and pensions | 62 | €8,016 | €1,136 | -€6,880 | -85.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,683 | €1,368 | -€1,315 | -49.0% |
| Other operating charges | 640/8 | €921 | €623 | -€298 | -32.3% |
| Gross operating margin | 9900 | €41,590 | €28,547 | -€13,043 | -31.4% |
| Operating profit (loss) | 9901 | €29,970 | €25,420 | -€4,550 | -15.2% |
| Financial income | 75/76B | €9 | €0 | -€9 | -99.3% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -99.3% |
| Financial charges | 65/66B | €1,848 | €325 | -€1,522 | -82.4% |
| Recurring financial charges | 65 | €1,848 | €325 | -€1,522 | -82.4% |
| Profit (loss) for the period before taxes | 9903 | €28,132 | €25,095 | -€3,037 | -10.8% |
| Income taxes | 67/77 | - | €4,000 | +€4,000 | |
| Profit (loss) for the period | 9904 | €28,132 | €21,095 | -€7,037 | -25.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,132 | €21,095 | -€7,037 | -25.0% |
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 10 October 2026 via checked.be.