SBC CONSTRUCT: what changed
Two fiscal 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.
SBC CONSTRUCT
Largest movements
- Tangible fixed assets +€53,592
new in 2025: €53,592
- Cash +€34,120
up €34,120 (+2748.4%), from €1,241 to €35,361
mainly Debts after one year (+€51,937) and Net result for the year (+€43,367)
- Receivables within one year +€33,650
up €33,650 (+148.8%), from €22,616 to €56,266
of which Other amounts receivable: +€39,884
- Deferred charges and accrued income +€2,963
new in 2025: €2,963
- Debts after one year +€51,937
new in 2025: €51,937
- Profit (loss) carried forward +€43,367
up €43,367 (+295.4%), from €14,681 to €58,048
- Current portion of long-term debt +€12,751
new in 2025: €12,751
- Trade debts +€10,017
new in 2025: €10,017
of which Suppliers: +€9,519
- Tax, wage and social debts +€6,252
up €6,252 (+87.1%), from €7,177 to €13,428
- Gross operating margin +€38,948
up €38,948 (+210.7%), from €18,483 to €57,431
- Taxes +€7,198
up €7,198 (+195.9%), from €3,675 to €10,872
- Depreciation +€2,855
new in 2025: €2,855
- Financial income +€1,682
new in 2025: €1,682
- Financial charges +€1,565
up €1,565 (+1227.4%), from €127 to €1,692
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 | €23,858 | €148,182 | +€124,324 | +521.1% |
| Fixed assets | 21/28 | - | €53,592 | +€53,592 | |
| Tangible fixed assets | 22/27 | - | €53,592 | +€53,592 | |
| Furniture and vehicles | 24 | - | €53,592 | +€53,592 | |
| Current assets | 29/58 | €23,858 | €94,590 | +€70,732 | +296.5% |
| Amounts receivable within one year | 40/41 | €22,616 | €56,266 | +€33,650 | +148.8% |
| Trade receivables | 40 | €17,500 | €11,266 | -€6,234 | -35.6% |
| Other amounts receivable | 41 | €5,117 | €45,000 | +€39,884 | +779.5% |
| Cash at bank and in hand | 54/58 | €1,241 | €35,361 | +€34,120 | +2748.4% |
| Deferred charges and accrued income | 490/1 | - | €2,963 | +€2,963 | |
| Total equity and liabilities | 10/49 | €23,858 | €148,182 | +€124,324 | +521.1% |
| Equity | 10/15 | €16,681 | €60,048 | +€43,367 | +260.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,681 | €58,048 | +€43,367 | +295.4% |
| Amounts payable | 17/49 | €7,177 | €88,133 | +€80,957 | +1128.0% |
| Amounts payable after more than one year | 17 | - | €51,937 | +€51,937 | |
| Financial debts | 170/4 | - | €51,937 | +€51,937 | |
| Amounts payable within one year | 42/48 | €7,177 | €36,196 | +€29,020 | +404.4% |
| Current portion of amounts payable after more than one year | 42 | - | €12,751 | +€12,751 | |
| Trade debts | 44 | - | €10,017 | +€10,017 | |
| Suppliers | 440/4 | - | €9,519 | +€9,519 | |
| Bills of exchange payable | 441 | - | €498 | +€498 | |
| Taxes, remuneration and social security | 45 | €7,177 | €13,428 | +€6,252 | +87.1% |
| Taxes | 450/3 | €7,177 | €13,428 | +€6,252 | +87.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,855 | +€2,855 | |
| Other operating charges | 640/8 | - | €327 | +€327 | |
| Gross operating margin | 9900 | €18,483 | €57,431 | +€38,948 | +210.7% |
| Operating profit (loss) | 9901 | €18,483 | €54,249 | +€35,766 | +193.5% |
| Financial income | 75/76B | - | €1,682 | +€1,682 | |
| Recurring financial income | 75 | - | €1,682 | +€1,682 | |
| Financial charges | 65/66B | €127 | €1,692 | +€1,565 | +1227.4% |
| Recurring financial charges | 65 | €127 | €1,692 | +€1,565 | +1227.4% |
| Profit (loss) for the period before taxes | 9903 | €18,356 | €54,239 | +€35,884 | +195.5% |
| Income taxes | 67/77 | €3,675 | €10,872 | +€7,198 | +195.9% |
| Profit (loss) for the period | 9904 | €14,681 | €43,367 | +€28,686 | +195.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,681 | €43,367 | +€28,686 | +195.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.