SLAVCONSTRUCT: 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.
SLAVCONSTRUCT
Largest movements
- Receivables within one year +€39,471
up €39,471 (+15.2%), from €259,878 to €299,349
of which Trade receivables: +€30,544
- Tangible fixed assets +€31,579
up €31,579 (+208.5%), from €15,146 to €46,726
of which Furniture and vehicles: +€31,681
- Cash +€15,881
up €15,881 (+81.1%), from €19,586 to €35,467
mainly Trade debts (+€47,728) and Tax, wage and social debts (+€28,039)
- Trade debts +€47,728
up €47,728 (+25.7%), from €185,959 to €233,686
- Tax, wage and social debts +€28,039
up €28,039 (+59.6%), from €47,041 to €75,080
of which Taxes: +€28,039
- Profit (loss) carried forward +€12,362
up €12,362 (+29.3%), from €42,264 to €54,627
- Taxes +€18,687
up €18,687 (+342.2%), from €5,461 to €24,148
- Gross operating margin +€15,285
up €15,285 (+35.3%), from €43,322 to €58,606
- Financial charges -€7,680
down €7,680 (-37.5%), from €20,459 to €12,779
- Depreciation +€6,779
up €6,779 (+116.1%), from €5,841 to €12,621
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €295,724 | €383,853 | +€88,129 | +29.8% |
| Fixed assets | 21/28 | €15,146 | €46,726 | +€31,579 | +208.5% |
| Tangible fixed assets | 22/27 | €15,146 | €46,726 | +€31,579 | +208.5% |
| Plant, machinery and equipment | 23 | €101 | - | -€101 | |
| Furniture and vehicles | 24 | €15,045 | €46,726 | +€31,681 | +210.6% |
| Current assets | 29/58 | €280,577 | €337,128 | +€56,550 | +20.2% |
| Amounts receivable within one year | 40/41 | €259,878 | €299,349 | +€39,471 | +15.2% |
| Trade receivables | 40 | €175,365 | €205,909 | +€30,544 | +17.4% |
| Other amounts receivable | 41 | €84,513 | €93,440 | +€8,927 | +10.6% |
| Cash at bank and in hand | 54/58 | €19,586 | €35,467 | +€15,881 | +81.1% |
| Deferred charges and accrued income | 490/1 | €1,113 | €2,312 | +€1,199 | +107.7% |
| Total equity and liabilities | 10/49 | €295,724 | €383,853 | +€88,129 | +29.8% |
| Equity | 10/15 | €62,724 | €75,087 | +€12,362 | +19.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,264 | €54,627 | +€12,362 | +29.3% |
| Amounts payable | 17/49 | €233,000 | €308,767 | +€75,767 | +32.5% |
| Amounts payable within one year | 42/48 | €233,000 | €308,767 | +€75,767 | +32.5% |
| Trade debts | 44 | €185,959 | €233,686 | +€47,728 | +25.7% |
| Suppliers | 440/4 | €185,959 | €233,686 | +€47,728 | +25.7% |
| Taxes, remuneration and social security | 45 | €47,041 | €75,080 | +€28,039 | +59.6% |
| Taxes | 450/3 | €42,041 | €70,080 | +€28,039 | +66.7% |
| Remuneration and social security | 454/9 | €5,000 | €5,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,841 | €12,621 | +€6,779 | +116.1% |
| Other operating charges | 640/8 | €370 | €798 | +€428 | +115.9% |
| Gross operating margin | 9900 | €43,322 | €58,606 | +€15,285 | +35.3% |
| Operating profit (loss) | 9901 | €37,111 | €45,188 | +€8,077 | +21.8% |
| Financial income | 75/76B | €4,664 | €4,102 | -€562 | -12.0% |
| Recurring financial income | 75 | €4,664 | €4,102 | -€562 | -12.0% |
| Financial charges | 65/66B | €20,459 | €12,779 | -€7,680 | -37.5% |
| Recurring financial charges | 65 | €20,459 | €12,779 | -€7,680 | -37.5% |
| Profit (loss) for the period before taxes | 9903 | €21,315 | €36,510 | +€15,195 | +71.3% |
| Income taxes | 67/77 | €5,461 | €24,148 | +€18,687 | +342.2% |
| Profit (loss) for the period | 9904 | €15,854 | €12,362 | -€3,492 | -22.0% |
| Profit (loss) for the period to be appropriated | 9905 | €15,854 | €12,362 | -€3,492 | -22.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.