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SBS CONSTRUCTION: 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.

What changed

SBS CONSTRUCTION

BE 0760.433.676
fiscal year 2022 against 2023filed annual accounts (NBB)
Net result for the year
-€7,992
2022 · €657-€8,649
Equity
-€9,931
2022 · -€1,939-€7,992
Cash
€211
2022 · €4,097-€3,886
Balance sheet total
€2,194
2022 · €10,640-€8,446

Largest movements

2022 to 2023
Assets
  • Receivables within one year -€4,454

    down €4,454 (-69.2%), from €6,437 to €1,983

    of which Trade receivables: -€5,249

  • Cash -€3,886

    down €3,886 (-94.8%), from €4,097 to €211

    mainly Net result for the year (-€7,992) and Trade debts (-€1,445)

Equity and liabilities
  • Profit (loss) carried forward -€7,992

    down €7,992 (-180.0%), from -€4,439 to -€12,431

  • Trade debts -€1,445

    down €1,445 (-33.6%), from €4,305 to €2,860

  • Other debts +€1,297

    up €1,297 (+21.9%), from €5,910 to €7,207

  • Tax, wage and social debts -€306

    down €306 (-12.9%), from €2,364 to €2,058

Income statement
  • Gross operating margin -€9,113

    down €9,113, from €2,179 to -€6,934

  • Taxes -€1,064

    down €1,064, from €835 to -€229

  • Financial charges +€470

    up €470 (+839.3%), from €56 to €526

  • Financial income -€86

    no longer reported in 2023 (was €86)

From the 2022 result to the 2023 result

effect on the 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.

Result 2022 €657
Gross operating margin -€9,113
Other operating charges -€44
Financial income -€86
Financial charges -€470
Taxes +€1,064
Result 2023 -€7,992

Cash bridge derived

cash 2022 to 2023

Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€3,886
Investment €0
Financing €0
Cash 2022 €4,097
Net result for the year -€7,992
Receivables within one year +€4,454
Deferred charges and accrued income +€106
Trade debts -€1,445
Tax, wage and social debts -€306
Other debts +€1,297
Cash 2023 €211
Every line side by side 30 lines
Line Code 2022 2023 Change %
Total assets 20/58 €10,640 €2,194 -€8,446 -79.4%
Current assets 29/58 €10,640 €2,194 -€8,446 -79.4%
Amounts receivable within one year 40/41 €6,437 €1,983 -€4,454 -69.2%
Trade receivables 40 €5,249 - -€5,249
Other amounts receivable 41 €1,188 €1,983 +€795 +66.9%
Cash at bank and in hand 54/58 €4,097 €211 -€3,886 -94.8%
Deferred charges and accrued income 490/1 €106 - -€106
Total equity and liabilities 10/49 €10,640 €2,194 -€8,446 -79.4%
Equity 10/15 -€1,939 -€9,931 -€7,992 -412.2%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€4,439 -€12,431 -€7,992 -180.0%
Amounts payable 17/49 €12,579 €12,125 -€454 -3.6%
Amounts payable within one year 42/48 €12,579 €12,125 -€454 -3.6%
Trade debts 44 €4,305 €2,860 -€1,445 -33.6%
Suppliers 440/4 €4,305 €2,860 -€1,445 -33.6%
Taxes, remuneration and social security 45 €2,364 €2,058 -€306 -12.9%
Taxes 450/3 €2,364 €2,058 -€306 -12.9%
Other amounts payable 47/48 €5,910 €7,207 +€1,297 +21.9%
Accrued charges and deferred income 492/3 €0 - =
Other operating charges 640/8 €717 €761 +€44 +6.1%
Gross operating margin 9900 €2,179 -€6,934 -€9,113
Operating profit (loss) 9901 €1,462 -€7,695 -€9,157
Financial income 75/76B €86 - -€86
Recurring financial income 75 €86 - -€86
Financial charges 65/66B €56 €526 +€470 +839.3%
Recurring financial charges 65 €56 €526 +€470 +839.3%
Profit (loss) for the period before taxes 9903 €1,492 -€8,221 -€9,713
Income taxes 67/77 €835 -€229 -€1,064
Profit (loss) for the period 9904 €657 -€7,992 -€8,649
Profit (loss) for the period to be appropriated 9905 €657 -€7,992 -€8,649

Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.