SIEBO-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.
SIEBO-CONSTRUCT
Largest movements
- Tangible fixed assets -€19,558
down €19,558 (-44.6%), from €43,823 to €24,266
of which Furniture and vehicles: -€19,099
- Cash +€8,158
up €8,158 (+81.7%), from €9,984 to €18,143
mainly Depreciation (+€30,565) and Net result for the year (+€8,137)
- Receivables within one year -€3,670
down €3,670 (-1.8%), from €198,392 to €194,722
of which Other amounts receivable: -€5,933
- Debts after one year -€18,135
down €18,135 (-81.7%), from €22,209 to €4,074
- Profit (loss) carried forward +€8,137
up €8,137 (+4.6%), from €175,673 to €183,810
- Taxes -€9,725
down €9,725 (-80.0%), from €12,155 to €2,430
- Gross operating margin +€1,598
up €1,598 (+3.7%), from €43,740 to €45,338
- Financial income -€1,006
down €1,006 (-99.9%), from €1,007 to €1
of which Non-recurring financial income: -€1,006
- Financial charges -€916
down €916 (-33.0%), from €2,773 to €1,857
- Depreciation +€904
up €904 (+3.0%), from €29,661 to €30,565
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 | €254,392 | €240,823 | -€13,569 | -5.3% |
| Fixed assets | 21/28 | €43,823 | €24,266 | -€19,558 | -44.6% |
| Tangible fixed assets | 22/27 | €43,823 | €24,266 | -€19,558 | -44.6% |
| Plant, machinery and equipment | 23 | €12,119 | €11,660 | -€459 | -3.8% |
| Furniture and vehicles | 24 | €31,704 | €12,605 | -€19,099 | -60.2% |
| Current assets | 29/58 | €210,569 | €216,557 | +€5,988 | +2.8% |
| Stocks and contracts in progress | 3 | €455 | €630 | +€175 | +38.5% |
| Stocks | 30/36 | €455 | €630 | +€175 | +38.5% |
| Amounts receivable within one year | 40/41 | €198,392 | €194,722 | -€3,670 | -1.8% |
| Trade receivables | 40 | €1,585 | €3,848 | +€2,263 | +143% |
| Other amounts receivable | 41 | €196,807 | €190,875 | -€5,933 | -3.0% |
| Cash at bank and in hand | 54/58 | €9,984 | €18,143 | +€8,158 | +81.7% |
| Deferred charges and accrued income | 490/1 | €1,738 | €3,062 | +€1,325 | +76.2% |
| Total equity and liabilities | 10/49 | €254,392 | €240,823 | -€13,569 | -5.3% |
| Equity | 10/15 | €200,215 | €208,351 | +€8,137 | +4.1% |
| Contributions | 10/11 | €22,310 | €22,310 | = | 0.0% |
| Reserves | 13 | €2,231 | €2,231 | = | 0.0% |
| Distributable reserves | 133 | €2,231 | €2,231 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,673 | €183,810 | +€8,137 | +4.6% |
| Amounts payable | 17/49 | €54,177 | €32,471 | -€21,706 | -40.1% |
| Amounts payable after more than one year | 17 | €22,209 | €4,074 | -€18,135 | -81.7% |
| Financial debts | 170/4 | €22,209 | €4,074 | -€18,135 | -81.7% |
| Amounts payable within one year | 42/48 | €31,968 | €28,397 | -€3,571 | -11.2% |
| Current portion of amounts payable after more than one year | 42 | €19,265 | €18,135 | -€1,130 | -5.9% |
| Trade debts | 44 | €955 | €691 | -€264 | -27.6% |
| Suppliers | 440/4 | €955 | €691 | -€264 | -27.6% |
| Taxes, remuneration and social security | 45 | €90 | - | -€90 | |
| Taxes | 450/3 | €90 | - | -€90 | |
| Other amounts payable | 47/48 | €11,659 | €9,571 | -€2,088 | -17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,661 | €30,565 | +€904 | +3.0% |
| Other operating charges | 640/8 | €2,194 | €2,349 | +€156 | +7.1% |
| Gross operating margin | 9900 | €43,740 | €45,338 | +€1,598 | +3.7% |
| Operating profit (loss) | 9901 | €11,884 | €12,423 | +€539 | +4.5% |
| Financial income | 75/76B | €1,007 | €1 | -€1,006 | -99.9% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +12.5% |
| Non-recurring financial income | 76B | €1,006 | - | -€1,006 | |
| Financial charges | 65/66B | €2,773 | €1,857 | -€916 | -33.0% |
| Recurring financial charges | 65 | €2,773 | €1,857 | -€916 | -33.0% |
| Profit (loss) for the period before taxes | 9903 | €10,118 | €10,567 | +€449 | +4.4% |
| Income taxes | 67/77 | €12,155 | €2,430 | -€9,725 | -80.0% |
| Profit (loss) for the period | 9904 | -€2,037 | €8,137 | +€10,174 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,037 | €8,137 | +€10,174 |
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 14 October 2026 via checked.be.