SAINT-MARD CONSTRUCTION: 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.
SAINT-MARD CONSTRUCTION
Largest movements
- Cash -€29,367
down €29,367 (-74.1%), from €39,652 to €10,286
mainly Advances received (-€23,227) and Receivables within one year (-€16,168)
- Receivables within one year +€16,168
up €16,168 (+30.6%), from €52,820 to €68,988
of which Trade receivables: +€16,900
- Tangible fixed assets -€9,231
down €9,231 (-5.4%), from €170,276 to €161,046
of which Land and buildings: -€7,471
- Advances received -€23,227
down €23,227 (-58.5%), from €39,677 to €16,450
- Profit (loss) carried forward +€14,023
up €14,023 (+21.6%), from €64,933 to €78,956
- Debts after one year -€7,532
down €7,532 (-6.3%), from €119,026 to €111,494
- Trade debts -€4,596
down €4,596 (-44.3%), from €10,380 to €5,784
- Gross operating margin +€8,994
up €8,994 (+39.6%), from €22,721 to €31,715
- Other operating charges -€3,115
down €3,115 (-76.3%), from €4,082 to €967
- Financial charges +€1,861
up €1,861 (+72.5%), from €2,566 to €4,427
- Staff costs +€376
new in 2025: €376
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 | €263,940 | €241,248 | -€22,692 | -8.6% |
| Fixed assets | 21/28 | €170,565 | €161,296 | -€9,270 | -5.4% |
| Tangible fixed assets | 22/27 | €170,276 | €161,046 | -€9,231 | -5.4% |
| Land and buildings | 22 | €162,828 | €155,357 | -€7,471 | -4.6% |
| Plant, machinery and equipment | 23 | €6,935 | €4,964 | -€1,971 | -28.4% |
| Furniture and vehicles | 24 | €513 | €725 | +€212 | +41.3% |
| Financial fixed assets | 28 | €289 | €250 | -€39 | -13.5% |
| Current assets | 29/58 | €93,375 | €79,952 | -€13,422 | -14.4% |
| Amounts receivable within one year | 40/41 | €52,820 | €68,988 | +€16,168 | +30.6% |
| Trade receivables | 40 | €7,558 | €24,458 | +€16,900 | +224% |
| Other amounts receivable | 41 | €45,262 | €44,530 | -€732 | -1.6% |
| Cash at bank and in hand | 54/58 | €39,652 | €10,286 | -€29,367 | -74.1% |
| Deferred charges and accrued income | 490/1 | €902 | €679 | -€224 | -24.8% |
| Total equity and liabilities | 10/49 | €263,940 | €241,248 | -€22,692 | -8.6% |
| Equity | 10/15 | €85,384 | €99,407 | +€14,023 | +16.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,933 | €78,956 | +€14,023 | +21.6% |
| Amounts payable | 17/49 | €178,556 | €141,840 | -€36,715 | -20.6% |
| Amounts payable after more than one year | 17 | €119,026 | €111,494 | -€7,532 | -6.3% |
| Financial debts | 170/4 | €119,026 | €111,494 | -€7,532 | -6.3% |
| Amounts payable within one year | 42/48 | €58,855 | €30,346 | -€28,509 | -48.4% |
| Current portion of amounts payable after more than one year | 42 | €6,332 | €7,532 | +€1,199 | +18.9% |
| Trade debts | 44 | €10,380 | €5,784 | -€4,596 | -44.3% |
| Suppliers | 440/4 | €10,380 | €5,784 | -€4,596 | -44.3% |
| Advances received on contracts in progress | 46 | €39,677 | €16,450 | -€23,227 | -58.5% |
| Taxes, remuneration and social security | 45 | €1,539 | €581 | -€958 | -62.3% |
| Taxes | 450/3 | €9 | €581 | +€572 | +6,588% |
| Remuneration and social security | 454/9 | €1,530 | €0 | -€1,530 | -100% |
| Other amounts payable | 47/48 | €927 | €0 | -€927 | -100% |
| Accrued charges and deferred income | 492/3 | €675 | €0 | -€675 | -100% |
| Remuneration, social security and pensions | 62 | - | €376 | +€376 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,667 | €11,947 | +€280 | +2.4% |
| Other operating charges | 640/8 | €4,082 | €967 | -€3,115 | -76.3% |
| Non-recurring operating charges | 66A | €1,313 | €0 | -€1,313 | -100% |
| Gross operating margin | 9900 | €22,721 | €31,715 | +€8,994 | +39.6% |
| Operating profit (loss) | 9901 | €5,660 | €18,425 | +€12,765 | +226% |
| Financial income | 75/76B | €145 | €25 | -€120 | -82.8% |
| Recurring financial income | 75 | €145 | €25 | -€120 | -82.8% |
| Financial charges | 65/66B | €2,566 | €4,427 | +€1,861 | +72.5% |
| Recurring financial charges | 65 | €2,566 | €4,427 | +€1,861 | +72.5% |
| Profit (loss) for the period before taxes | 9903 | €3,239 | €14,023 | +€10,784 | +333% |
| Profit (loss) for the period | 9904 | €3,239 | €14,023 | +€10,784 | +333% |
| Profit (loss) for the period to be appropriated | 9905 | €3,239 | €14,023 | +€10,784 | +333% |
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 31 October 2026 via checked.be.