SAIU 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.
SAIU CONSTRUCTION
Largest movements
- Receivables within one year +€48,031
up €48,031 (+31.2%), from €154,036 to €202,067
of which Other amounts receivable: +€41,529
- Deferred charges and accrued income +€23,274
up €23,274 (+47,497%), from €49 to €23,323
- Stocks and contracts -€17,280
down €17,280 (-37.0%), from €46,680 to €29,400
of which Contracts in progress: -€10,000
- Cash -€13,815
down €13,815 (-42.4%), from €32,580 to €18,765
mainly Receivables within one year (-€48,031) and Deferred charges and accrued income (-€23,274)
- Tangible fixed assets -€9,755
down €9,755 (-54.4%), from €17,917 to €8,162
of which Furniture and vehicles: -€10,864
- Trade debts +€38,244
up €38,244 (+34.3%), from €111,524 to €149,768
- Debts after one year -€12,898
down €12,898 (-22.0%), from €58,720 to €45,822
- Reserves +€11,423
up €11,423 (+614%), from €1,860 to €13,283
- Tax, wage and social debts -€6,899
down €6,899 (-26.9%), from €25,641 to €18,742
of which Remuneration and social security: -€10,213
- Gross operating margin +€37,000
up €37,000 (+25.0%), from €147,808 to €184,808
- Financial charges +€13,351
up €13,351 (+157%), from €8,522 to €21,873
- Depreciation -€3,827
down €3,827 (-47.5%), from €8,054 to €4,227
- Other operating charges +€3,404
up €3,404 (+132%), from €2,583 to €5,987
- Taxes +€2,756
up €2,756 (+176%), from €1,563 to €4,319
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 | €251,625 | €282,080 | +€30,455 | +12.1% |
| Fixed assets | 21/28 | €18,280 | €8,525 | -€9,755 | -53.4% |
| Tangible fixed assets | 22/27 | €17,917 | €8,162 | -€9,755 | -54.4% |
| Plant, machinery and equipment | 23 | €1,583 | €3,027 | +€1,444 | +91.2% |
| Furniture and vehicles | 24 | €15,643 | €4,779 | -€10,864 | -69.4% |
| Other tangible fixed assets | 26 | €691 | €356 | -€335 | -48.5% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €233,345 | €273,555 | +€40,210 | +17.2% |
| Stocks and contracts in progress | 3 | €46,680 | €29,400 | -€17,280 | -37.0% |
| Stocks | 30/36 | €36,680 | €29,400 | -€7,280 | -19.8% |
| Contracts in progress | 37 | €10,000 | €0 | -€10,000 | -100% |
| Amounts receivable within one year | 40/41 | €154,036 | €202,067 | +€48,031 | +31.2% |
| Trade receivables | 40 | €104,857 | €111,359 | +€6,502 | +6.2% |
| Other amounts receivable | 41 | €49,179 | €90,708 | +€41,529 | +84.4% |
| Cash at bank and in hand | 54/58 | €32,580 | €18,765 | -€13,815 | -42.4% |
| Deferred charges and accrued income | 490/1 | €49 | €23,323 | +€23,274 | +47,497% |
| Total equity and liabilities | 10/49 | €251,625 | €282,080 | +€30,455 | +12.1% |
| Equity | 10/15 | €43,427 | €54,850 | +€11,423 | +26.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €13,283 | +€11,423 | +614% |
| Distributable reserves | 133 | €1,860 | €13,283 | +€11,423 | +614% |
| Profit (loss) carried forward | 14 | €35,367 | €35,367 | -€0 | 0.0% |
| Amounts payable | 17/49 | €208,198 | €227,230 | +€19,032 | +9.1% |
| Amounts payable after more than one year | 17 | €58,720 | €45,822 | -€12,898 | -22.0% |
| Financial debts | 170/4 | €58,720 | €45,822 | -€12,898 | -22.0% |
| Amounts payable within one year | 42/48 | €148,978 | €181,408 | +€32,430 | +21.8% |
| Current portion of amounts payable after more than one year | 42 | €11,813 | €12,898 | +€1,085 | +9.2% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €111,524 | €149,768 | +€38,244 | +34.3% |
| Suppliers | 440/4 | €111,524 | €149,768 | +€38,244 | +34.3% |
| Taxes, remuneration and social security | 45 | €25,641 | €18,742 | -€6,899 | -26.9% |
| Taxes | 450/3 | €8,835 | €12,149 | +€3,314 | +37.5% |
| Remuneration and social security | 454/9 | €16,806 | €6,593 | -€10,213 | -60.8% |
| Accrued charges and deferred income | 492/3 | €500 | €0 | -€500 | -100% |
| Remuneration, social security and pensions | 62 | €131,297 | €130,483 | -€814 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,054 | €4,227 | -€3,827 | -47.5% |
| Other operating charges | 640/8 | €2,583 | €5,987 | +€3,404 | +132% |
| Non-recurring operating charges | 66A | €80,102 | €6,500 | -€73,602 | -91.9% |
| Gross operating margin | 9900 | €147,808 | €184,808 | +€37,000 | +25.0% |
| Operating profit (loss) | 9901 | -€74,228 | €37,610 | +€111,838 | |
| Financial income | 75/76B | €2 | €5 | +€3 | +143% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +143% |
| Financial charges | 65/66B | €8,522 | €21,873 | +€13,351 | +157% |
| Recurring financial charges | 65 | €8,522 | €21,873 | +€13,351 | +157% |
| Profit (loss) for the period before taxes | 9903 | -€82,748 | €15,742 | +€98,490 | |
| Income taxes | 67/77 | €1,563 | €4,319 | +€2,756 | +176% |
| Profit (loss) for the period | 9904 | -€84,311 | €11,423 | +€95,734 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,311 | €11,423 | +€95,734 |
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 20 October 2026 via checked.be.