SDC Home Construct: 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 Home Construct
Largest movements
- Receivables within one year -€18,666
down €18,666 (-51.6%), from €36,162 to €17,496
of which Trade receivables: -€16,389
- Cash +€6,169
up €6,169 (+696.7%), from €885 to €7,054
mainly Depreciation (+€24,380) and Trade debts (+€19,834)
- Tangible fixed assets +€4,435
up €4,435 (+8.0%), from €55,547 to €59,982
of which Land and buildings: +€28,760
- Other debts -€27,555
down €27,555 (-54.7%), from €50,366 to €22,811
- Trade debts +€19,834
up €19,834 (+169.2%), from €11,723 to €31,556
- Debts after one year -€16,803
down €16,803 (-89.5%), from €18,766 to €1,963
- Profit (loss) carried forward +€12,375
up €12,375 (+51.3%), from -€24,119 to -€11,744
- Tax, wage and social debts +€4,507
up €4,507 (+435.8%), from €1,034 to €5,541
- Purchases and services -€20,645
down €20,645 (-16.4%), from €125,813 to €105,167
- Taxes +€4,423
up €4,423 (+802.6%), from €551 to €4,974
- Gross operating margin -€1,261
down €1,261 (-2.9%), from €44,091 to €42,831
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 | €93,760 | €85,530 | -€8,230 | -8.8% |
| Fixed assets | 21/28 | €55,708 | €60,143 | +€4,435 | +8.0% |
| Tangible fixed assets | 22/27 | €55,547 | €59,982 | +€4,435 | +8.0% |
| Land and buildings | 22 | - | €28,760 | +€28,760 | |
| Plant, machinery and equipment | 23 | €14,688 | €9,851 | -€4,837 | -32.9% |
| Furniture and vehicles | 24 | €40,859 | €21,371 | -€19,488 | -47.7% |
| Financial fixed assets | 28 | €161 | €161 | = | 0.0% |
| Current assets | 29/58 | €38,052 | €25,387 | -€12,665 | -33.3% |
| Amounts receivable within one year | 40/41 | €36,162 | €17,496 | -€18,666 | -51.6% |
| Trade receivables | 40 | €20,247 | €3,858 | -€16,389 | -80.9% |
| Other amounts receivable | 41 | €15,915 | €13,637 | -€2,277 | -14.3% |
| Cash at bank and in hand | 54/58 | €885 | €7,054 | +€6,169 | +696.7% |
| Deferred charges and accrued income | 490/1 | €1,004 | €837 | -€167 | -16.7% |
| Total equity and liabilities | 10/49 | €93,760 | €85,530 | -€8,230 | -8.8% |
| Equity | 10/15 | -€5,519 | €6,856 | +€12,375 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,119 | -€11,744 | +€12,375 | +51.3% |
| Amounts payable | 17/49 | €99,279 | €78,674 | -€20,605 | -20.8% |
| Amounts payable after more than one year | 17 | €18,766 | €1,963 | -€16,803 | -89.5% |
| Financial debts | 170/4 | €18,766 | €1,963 | -€16,803 | -89.5% |
| Amounts payable within one year | 42/48 | €79,713 | €76,711 | -€3,002 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €16,590 | €16,803 | +€213 | +1.3% |
| Trade debts | 44 | €11,723 | €31,556 | +€19,834 | +169.2% |
| Suppliers | 440/4 | €11,723 | €31,556 | +€19,834 | +169.2% |
| Taxes, remuneration and social security | 45 | €1,034 | €5,541 | +€4,507 | +435.8% |
| Taxes | 450/3 | €1,034 | €5,541 | +€4,507 | +435.8% |
| Other amounts payable | 47/48 | €50,366 | €22,811 | -€27,555 | -54.7% |
| Accrued charges and deferred income | 492/3 | €800 | - | -€800 | |
| Goods, raw materials, services and sundry goods | 60/61 | €125,813 | €105,167 | -€20,645 | -16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,570 | €24,380 | -€190 | -0.8% |
| Other operating charges | 640/8 | €670 | €656 | -€14 | -2.1% |
| Non-recurring operating charges | 66A | €4,749 | - | -€4,749 | |
| Gross operating margin | 9900 | €44,091 | €42,831 | -€1,261 | -2.9% |
| Operating profit (loss) | 9901 | €14,102 | €17,794 | +€3,692 | +26.2% |
| Financial charges | 65/66B | €718 | €446 | -€272 | -37.9% |
| Recurring financial charges | 65 | €718 | €446 | -€272 | -37.9% |
| Profit (loss) for the period before taxes | 9903 | €13,384 | €17,348 | +€3,964 | +29.6% |
| Income taxes | 67/77 | €551 | €4,974 | +€4,423 | +802.6% |
| Profit (loss) for the period | 9904 | €12,833 | €12,375 | -€459 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,833 | €12,375 | -€459 | -3.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.