SB TRAVAUX: what changed
SB TRAVAUX
Largest movements
- Receivables within one year -€5,797
down €5,797 (-51.2%), from €11,330 to €5,532
of which Trade receivables: -€5,898
- Tangible fixed assets -€2,518
down €2,518 (-14.4%), from €17,491 to €14,973
of which Furniture and vehicles: -€1,418
- Cash -€1,738
down €1,738 (-36.0%), from €4,831 to €3,093
mainly Trade debts (-€9,918) and Net result for the year (-€2,907)
- Deferred charges and accrued income +€508
up €508 (+94.1%), from €540 to €1,047
- Trade debts -€9,918
down €9,918 (-63.1%), from €15,726 to €5,808
- Other debts +€5,201
up €5,201 (+1,739%), from €299 to €5,500
- Profit (loss) carried forward -€2,907
down €2,907 (-29.5%), from €9,866 to €6,959
- Current portion of long-term debt -€1,586
down €1,586 (-91.4%), from €1,735 to €149
- Gross operating margin -€7,199
down €7,199 (-79.2%), from €9,092 to €1,893
- Depreciation -€693
down €693 (-15.1%), from €4,579 to €3,887
- Taxes +€587
up €587 (+100.0%), from -€587 to -€0
- Staff costs -€291
down €291 (-92.6%), from €314 to €23
- Financial charges +€164
up €164 (+117%), from €140 to €304
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,192 | €24,645 | -€9,546 | -27.9% |
| Fixed assets | 21/28 | €17,491 | €14,973 | -€2,518 | -14.4% |
| Tangible fixed assets | 22/27 | €17,491 | €14,973 | -€2,518 | -14.4% |
| Plant, machinery and equipment | 23 | €4,674 | €3,574 | -€1,100 | -23.5% |
| Furniture and vehicles | 24 | €12,817 | €11,399 | -€1,418 | -11.1% |
| Current assets | 29/58 | €16,701 | €9,672 | -€7,028 | -42.1% |
| Amounts receivable within one year | 40/41 | €11,330 | €5,532 | -€5,797 | -51.2% |
| Trade receivables | 40 | €11,330 | €5,431 | -€5,898 | -52.1% |
| Other amounts receivable | 41 | - | €101 | +€101 | |
| Cash at bank and in hand | 54/58 | €4,831 | €3,093 | -€1,738 | -36.0% |
| Deferred charges and accrued income | 490/1 | €540 | €1,047 | +€508 | +94.1% |
| Total equity and liabilities | 10/49 | €34,192 | €24,645 | -€9,546 | -27.9% |
| Equity | 10/15 | €14,866 | €11,959 | -€2,907 | -19.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,866 | €6,959 | -€2,907 | -29.5% |
| Amounts payable | 17/49 | €19,326 | €12,686 | -€6,640 | -34.4% |
| Amounts payable within one year | 42/48 | €19,326 | €12,686 | -€6,640 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €1,735 | €149 | -€1,586 | -91.4% |
| Trade debts | 44 | €15,726 | €5,808 | -€9,918 | -63.1% |
| Suppliers | 440/4 | €15,726 | €5,808 | -€9,918 | -63.1% |
| Taxes, remuneration and social security | 45 | €1,565 | €1,229 | -€337 | -21.5% |
| Taxes | 450/3 | €1,565 | €1,229 | -€337 | -21.5% |
| Other amounts payable | 47/48 | €299 | €5,500 | +€5,201 | +1,739% |
| Remuneration, social security and pensions | 62 | €314 | €23 | -€291 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,579 | €3,887 | -€693 | -15.1% |
| Other operating charges | 640/8 | €594 | €587 | -€6 | -1.1% |
| Gross operating margin | 9900 | €9,092 | €1,893 | -€7,199 | -79.2% |
| Operating profit (loss) | 9901 | €3,605 | -€2,604 | -€6,209 | |
| Financial income | 75/76B | €61 | €2 | -€60 | -97.0% |
| Recurring financial income | 75 | €61 | €2 | -€60 | -97.0% |
| Financial charges | 65/66B | €140 | €304 | +€164 | +117% |
| Recurring financial charges | 65 | €140 | €304 | +€164 | +117% |
| Profit (loss) for the period before taxes | 9903 | €3,526 | -€2,907 | -€6,433 | |
| Income taxes | 67/77 | -€587 | -€0 | +€587 | +100.0% |
| Profit (loss) for the period | 9904 | €4,113 | -€2,907 | -€7,019 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,113 | -€2,907 | -€7,019 |
Next steps
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 8 November 2026 via checked.be.