SANTO COLINA: what changed
What changed
SANTO COLINA
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€31,770
2024 · €77,309-€45,539
Equity
€2.7m
2024 · €2.7m-€47,454
Cash
€547,799
2024 · €650,687-€102,888
Balance sheet total
€2.9m
2024 · €3.2m-€264,510
Largest movements
Assets
- Stocks and contracts +€372,822
up €372,822 (+62.2%), from €598,917 to €971,739
- Receivables within one year -€364,492
down €364,492 (-77.9%), from €467,728 to €103,236
of which Trade receivables: -€339,186
- Cash -€102,888
down €102,888 (-15.8%), from €650,687 to €547,799
mainly Stocks and contracts (-€372,822) and Trade debts (-€178,892)
- Current investments -€99,467
down €99,467 (-16.2%), from €615,182 to €515,715
- Tangible fixed assets -€83,691
down €83,691 (-10.0%), from €837,789 to €754,098
of which Furniture and vehicles: -€43,272
Equity and liabilities
- Trade debts -€178,892
down €178,892 (-75.9%), from €235,782 to €56,890
- Reserves -€47,454
down €47,454 (-1.8%), from €2.7m to €2.6m
of which Distributable reserves: -€47,454
Income statement
- Staff costs +€81,169
up €81,169 (+65.5%), from €123,952 to €205,121
- Other operating charges -€24,117
down €24,117 (-78.2%), from €30,839 to €6,722
- Taxes -€19,569
down €19,569 (-61.7%), from €31,691 to €12,122
- Depreciation +€17,022
up €17,022 (+25.5%), from €66,669 to €83,691
- Gross operating margin -€13,035
down €13,035 (-3.8%), from €338,642 to €325,607
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€77,309
Gross operating margin
-€13,035
Staff costs
-€81,169
Depreciation
-€17,022
Other operating charges
+€24,117
Other operating items
+€24,026
Financial income
-€2,307
Financial charges
+€281
Taxes
+€19,569
Result 2025
€31,770
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€98,996
Investment
+€99,467
Financing
-€103,359
Cash 2024
€650,687
From operations (derived)
-€98,996
Net result for the year
+€31,770
Depreciation
+€83,691
Stocks and contracts
-€372,822
Receivables within one year
+€364,492
Deferred charges and accrued income
-€13,205
Trade debts
-€178,892
Tax, wage and social debts
-€30,474
Other debts
+€16,116
Accrued charges and deferred income
+€328
Investment (derived)
+€99,467
Current investments
+€99,467
Financing
-€103,359
Debts after one year
-€19,595
Current portion of long-term debt
-€4,539
Contributions, distributions and other
-€79,224
Cash 2025
€547,799
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,172,194 | €2,907,684 | -€264,510 | -8.3% |
| Fixed assets | 21/28 | €837,789 | €754,098 | -€83,691 | -10.0% |
| Tangible fixed assets | 22/27 | €837,789 | €754,098 | -€83,691 | -10.0% |
| Land and buildings | 22 | €668,985 | €642,839 | -€26,146 | -3.9% |
| Plant, machinery and equipment | 23 | €17,436 | €3,162 | -€14,274 | -81.9% |
| Furniture and vehicles | 24 | €151,368 | €108,096 | -€43,272 | -28.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €2,334,405 | €2,153,586 | -€180,819 | -7.7% |
| Stocks and contracts in progress | 3 | €598,917 | €971,739 | +€372,822 | +62.2% |
| Stocks | 30/36 | €598,917 | €971,739 | +€372,822 | +62.2% |
| Amounts receivable within one year | 40/41 | €467,728 | €103,236 | -€364,492 | -77.9% |
| Trade receivables | 40 | €442,094 | €102,908 | -€339,186 | -76.7% |
| Other amounts receivable | 41 | €25,634 | €328 | -€25,306 | -98.7% |
| Current investments | 50/53 | €615,182 | €515,715 | -€99,467 | -16.2% |
| Cash at bank and in hand | 54/58 | €650,687 | €547,799 | -€102,888 | -15.8% |
| Deferred charges and accrued income | 490/1 | €1,891 | €15,097 | +€13,205 | +698% |
| Total equity and liabilities | 10/49 | €3,172,194 | €2,907,684 | -€264,510 | -8.3% |
| Equity | 10/15 | €2,698,693 | €2,651,238 | -€47,454 | -1.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €2,692,495 | €2,645,041 | -€47,454 | -1.8% |
| Non-distributable reserves | 130/1 | €49,579 | €49,579 | = | 0.0% |
| Other | 1319 | €49,579 | €49,579 | = | 0.0% |
| Distributable reserves | 133 | €2,642,917 | €2,595,462 | -€47,454 | -1.8% |
| Amounts payable | 17/49 | €473,501 | €256,445 | -€217,056 | -45.8% |
| Amounts payable after more than one year | 17 | €76,272 | €56,677 | -€19,595 | -25.7% |
| Financial debts | 170/4 | €74,752 | €55,157 | -€19,595 | -26.2% |
| Other amounts payable | 178/9 | €1,520 | €1,520 | = | 0.0% |
| Amounts payable within one year | 42/48 | €395,039 | €197,250 | -€197,789 | -50.1% |
| Current portion of amounts payable after more than one year | 42 | €24,134 | €19,595 | -€4,539 | -18.8% |
| Trade debts | 44 | €235,782 | €56,890 | -€178,892 | -75.9% |
| Suppliers | 440/4 | €235,782 | €56,890 | -€178,892 | -75.9% |
| Taxes, remuneration and social security | 45 | €41,914 | €11,440 | -€30,474 | -72.7% |
| Taxes | 450/3 | €41,914 | €6,871 | -€35,043 | -83.6% |
| Remuneration and social security | 454/9 | - | €4,569 | +€4,569 | |
| Other amounts payable | 47/48 | €93,209 | €109,326 | +€16,116 | +17.3% |
| Accrued charges and deferred income | 492/3 | €2,190 | €2,518 | +€328 | +15.0% |
| Non-recurring operating income | 76A | €4,727 | €36,043 | +€31,316 | +663% |
| Remuneration, social security and pensions | 62 | €123,952 | €205,121 | +€81,169 | +65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,669 | €83,691 | +€17,022 | +25.5% |
| Other operating charges | 640/8 | €30,839 | €6,722 | -€24,117 | -78.2% |
| Non-recurring operating charges | 66A | €24,086 | €60 | -€24,026 | -99.8% |
| Gross operating margin | 9900 | €338,642 | €325,607 | -€13,035 | -3.8% |
| Operating profit (loss) | 9901 | €93,096 | €30,013 | -€63,083 | -67.8% |
| Financial income | 75/76B | €24,589 | €22,283 | -€2,307 | -9.4% |
| Recurring financial income | 75 | €24,589 | €22,283 | -€2,307 | -9.4% |
| Financial charges | 65/66B | €8,685 | €8,404 | -€281 | -3.2% |
| Recurring financial charges | 65 | €8,685 | €8,404 | -€281 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | €109,000 | €43,892 | -€65,108 | -59.7% |
| Income taxes | 67/77 | €31,691 | €12,122 | -€19,569 | -61.7% |
| Profit (loss) for the period | 9904 | €77,309 | €31,770 | -€45,539 | -58.9% |
| Profit (loss) for the period to be appropriated | 9905 | €77,309 | €31,770 | -€45,539 | -58.9% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.