SDC Aannemingen: what changed
Two financial 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.
SDC Aannemingen
Largest movements
- Receivables within one year +€76,795
up €76,795 (+36.3%), from €211,320 to €288,116
of which Other amounts receivable: +€63,129
- Receivables after one year -€48,802
down €48,802 (-100%), from €48,802 to €0
- Tangible fixed assets -€46,599
down €46,599 (-30.2%), from €154,128 to €107,529
of which Plant, machinery and equipment: -€80,341
- Cash +€41,919
up €41,919 (+129%), from €32,584 to €74,503
mainly Depreciation (+€79,946) and Receivables after one year (+€48,802)
- Deferred charges and accrued income -€9,744
down €9,744 (-100%), from €9,744 to €0
- Profit (loss) carried forward +€48,577
up €48,577 (+33.1%), from -€146,743 to -€98,166
- Short-term financial debts -€44,857
down €44,857 (-40.5%), from €110,782 to €65,924
- Trade debts -€20,001
down €20,001 (-5.9%), from €340,678 to €320,677
- Other debts +€16,815
new in 2025: €16,815
- Tax, wage and social debts +€12,536
up €12,536 (+17.0%), from €73,569 to €86,105
of which Remuneration and social security: +€20,029
- Gross operating margin +€204,988
up €204,988 (+81.4%), from €251,861 to €456,849
- Financial charges -€34,904
down €34,904 (-77.4%), from €45,088 to €10,183
of which Financial charges: -€17,931
- Staff costs -€27,261
down €27,261 (-9.0%), from €304,165 to €276,903
- Depreciation -€13,040
down €13,040 (-14.0%), from €92,986 to €79,946
- Other operating charges +€11,430
up €11,430 (+98.4%), from €11,616 to €23,047
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.
Derived cash bridge
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 | €461,569 | €474,639 | +€13,070 | +2.8% |
| Fixed assets | 21/28 | €159,119 | €112,020 | -€47,099 | -29.6% |
| Intangible fixed assets | 21 | €4,991 | €4,491 | -€500 | -10.0% |
| Tangible fixed assets | 22/27 | €154,128 | €107,529 | -€46,599 | -30.2% |
| Plant, machinery and equipment | 23 | €119,359 | €39,018 | -€80,341 | -67.3% |
| Furniture and vehicles | 24 | €34,769 | €68,511 | +€33,742 | +97.0% |
| Current assets | 29/58 | €302,450 | €362,619 | +€60,169 | +19.9% |
| Amounts receivable after more than one year | 29 | €48,802 | €0 | -€48,802 | -100% |
| Other amounts receivable | 291 | €48,802 | €0 | -€48,802 | -100% |
| Amounts receivable within one year | 40/41 | €211,320 | €288,116 | +€76,795 | +36.3% |
| Trade receivables | 40 | €196,914 | €210,581 | +€13,667 | +6.9% |
| Other amounts receivable | 41 | €14,406 | €77,535 | +€63,129 | +438% |
| Cash at bank and in hand | 54/58 | €32,584 | €74,503 | +€41,919 | +129% |
| Deferred charges and accrued income | 490/1 | €9,744 | €0 | -€9,744 | -100% |
| Total equity and liabilities | 10/49 | €461,569 | €474,639 | +€13,070 | +2.8% |
| Equity | 10/15 | -€96,743 | -€48,166 | +€48,577 | +50.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€146,743 | -€98,166 | +€48,577 | +33.1% |
| Amounts payable | 17/49 | €558,312 | €522,805 | -€35,507 | -6.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €558,312 | €522,805 | -€35,507 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €33,283 | €33,283 | = | 0.0% |
| Financial debts | 43 | €110,782 | €65,924 | -€44,857 | -40.5% |
| Credit institutions | 430/8 | €110,782 | €65,924 | -€44,857 | -40.5% |
| Trade debts | 44 | €340,678 | €320,677 | -€20,001 | -5.9% |
| Suppliers | 440/4 | €340,678 | €320,677 | -€20,001 | -5.9% |
| Taxes, remuneration and social security | 45 | €73,569 | €86,105 | +€12,536 | +17.0% |
| Taxes | 450/3 | €12,201 | €4,708 | -€7,493 | -61.4% |
| Remuneration and social security | 454/9 | €61,369 | €81,397 | +€20,029 | +32.6% |
| Other amounts payable | 47/48 | - | €16,815 | +€16,815 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €52,712 | +€52,712 | |
| Remuneration, social security and pensions | 62 | €304,165 | €276,903 | -€27,261 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,986 | €79,946 | -€13,040 | -14.0% |
| Other operating charges | 640/8 | €11,616 | €23,047 | +€11,430 | +98.4% |
| Non-recurring operating charges | 66A | - | €21,743 | +€21,743 | |
| Gross operating margin | 9900 | €251,861 | €456,849 | +€204,988 | +81.4% |
| Operating profit (loss) | 9901 | -€156,906 | €55,210 | +€212,116 | |
| Financial income | 75/76B | €0 | €3,550 | +€3,550 | |
| Recurring financial income | 75 | €0 | €3,550 | +€3,550 | |
| Financial charges | 65/66B | €45,088 | €10,183 | -€34,904 | -77.4% |
| Recurring financial charges | 65 | €28,114 | €10,183 | -€17,931 | -63.8% |
| Non-recurring financial charges | 66B | €16,973 | - | -€16,973 | |
| Profit (loss) for the period before taxes | 9903 | -€201,994 | €48,577 | +€250,571 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€201,994 | €48,577 | +€250,571 | |
| Profit (loss) for the period to be appropriated | 9905 | -€201,994 | €48,577 | +€250,571 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.