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SC CONSTRUCTOR: 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

SC CONSTRUCTOR

BE 0646.883.102
NACE 41.001, General construction of residential buildings
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€46,108
2024 · -€9,941+€56,049
Equity
€54,168
2024 · €36,268+€17,900
Cash
€113,169
2024 · €31,211+€81,958
Balance sheet total
€118,073
2024 · €39,874+€78,199

Largest movements

2024 to 2025
Assets
  • Cash +€81,958

    up €81,958 (+262.6%), from €31,211 to €113,169

    mainly Net result for the year (+€46,108) and Tax, wage and social debts (+€32,266)

  • Receivables within one year -€5,325

    down €5,325 (-68.6%), from €7,766 to €2,441

    of which Other amounts receivable: -€3,209

  • Deferred charges and accrued income +€1,339

    new in 2025: €1,339

Equity and liabilities
  • Tax, wage and social debts +€32,266

    up €32,266 (+2562.8%), from €1,259 to €33,525

    of which Taxes: +€31,879

  • Other debts +€26,497

    up €26,497 (+1548.2%), from €1,711 to €28,208

  • Profit (loss) carried forward +€17,900

    up €17,900 (+63.5%), from €28,208 to €46,108

  • Trade debts +€1,536

    up €1,536 (+241.7%), from €635 to €2,171

Income statement
  • Gross operating margin +€67,684

    up €67,684 (+246.9%), from €27,415 to €95,099

  • Taxes +€13,421

    up €13,421 (+6638.7%), from €202 to €13,623

  • Staff costs -€3,239

    down €3,239 (-9.1%), from €35,735 to €32,496

From the 2024 result to the 2025 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 2024 -€9,941
Gross operating margin +€67,684
Staff costs +€3,239
Depreciation -€66
Other operating charges -€765
Financial income -€161
Financial charges -€462
Taxes -€13,421
Result 2025 €46,108

Cash bridge derived

cash 2024 to 2025

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.

From operations +€111,138
Investment -€972
Financing -€28,208
Cash 2024 €31,211
Net result for the year +€46,108
Depreciation +€745
Receivables within one year +€5,325
Deferred charges and accrued income -€1,339
Trade debts +€1,536
Tax, wage and social debts +€32,266
Other debts +€26,497
Investment in fixed assets (net) -€972
Contributions, distributions and other -€28,208
Cash 2025 €113,169
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €39,874 €118,073 +€78,199 +196.1%
Fixed assets 21/28 €898 €1,125 +€227 +25.3%
Tangible fixed assets 22/27 €679 €906 +€227 +33.4%
Plant, machinery and equipment 23 €679 €906 +€227 +33.4%
Financial fixed assets 28 €218 €218 = 0.0%
Current assets 29/58 €38,977 €116,949 +€77,972 +200.0%
Amounts receivable within one year 40/41 €7,766 €2,441 -€5,325 -68.6%
Trade receivables 40 €2,370 €254 -€2,116 -89.3%
Other amounts receivable 41 €5,395 €2,186 -€3,209 -59.5%
Cash at bank and in hand 54/58 €31,211 €113,169 +€81,958 +262.6%
Deferred charges and accrued income 490/1 - €1,339 +€1,339
Total equity and liabilities 10/49 €39,874 €118,073 +€78,199 +196.1%
Equity 10/15 €36,268 €54,168 +€17,900 +49.4%
Contributions 10/11 €8,060 €8,060 = 0.0%
Profit (loss) carried forward 14 €28,208 €46,108 +€17,900 +63.5%
Amounts payable 17/49 €3,606 €63,905 +€60,299 +1672.2%
Amounts payable within one year 42/48 €3,606 €63,905 +€60,299 +1672.2%
Trade debts 44 €635 €2,171 +€1,536 +241.7%
Suppliers 440/4 €635 €2,171 +€1,536 +241.7%
Taxes, remuneration and social security 45 €1,259 €33,525 +€32,266 +2562.8%
Taxes 450/3 €1,259 €33,138 +€31,879 +2532.0%
Remuneration and social security 454/9 - €388 +€388
Other amounts payable 47/48 €1,711 €28,208 +€26,497 +1548.2%
Remuneration, social security and pensions 62 €35,735 €32,496 -€3,239 -9.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €679 €745 +€66 +9.7%
Other operating charges 640/8 - €765 +€765
Gross operating margin 9900 €27,415 €95,099 +€67,684 +246.9%
Operating profit (loss) 9901 -€8,999 €61,094 +€70,093
Financial income 75/76B €161 €0 -€161 -99.9%
Recurring financial income 75 €161 €0 -€161 -99.9%
Financial charges 65/66B €901 €1,363 +€462 +51.3%
Recurring financial charges 65 €901 €1,363 +€462 +51.3%
Profit (loss) for the period before taxes 9903 -€9,739 €59,731 +€69,470
Income taxes 67/77 €202 €13,623 +€13,421 +6638.7%
Profit (loss) for the period 9904 -€9,941 €46,108 +€56,049
Profit (loss) for the period to be appropriated 9905 -€9,941 €46,108 +€56,049

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 30 September 2026 via checked.be.