SLB CONSTRUCT: 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.
SLB CONSTRUCT
Largest movements
- Receivables within one year +€57,886
up €57,886 (+82.2%), from €70,407 to €128,293
of which Trade receivables: +€80,037
- Tangible fixed assets -€13,163
down €13,163 (-20.9%), from €62,900 to €49,737
of which Leasing and similar rights: -€16,780
- Cash +€13,075
up €13,075 (+12.3%), from €106,070 to €119,145
mainly Trade debts (+€86,902) and Net result for the year (+€21,151)
- Trade debts +€86,902
up €86,902 (+761.7%), from €11,409 to €98,311
- Tax, wage and social debts -€31,078
down €31,078 (-57.0%), from €54,499 to €23,421
of which Taxes: -€33,439
- Other debts +€19,895
new in 2025: €19,895
- Debts after one year -€12,439
down €12,439 (-24.3%), from €51,182 to €38,743
- Profit (loss) carried forward -€7,270
down €7,270 (-8.9%), from €81,329 to €74,059
- Gross operating margin +€67,631
up €67,631 (+199.6%), from €33,877 to €101,508
- Taxes +€16,182
up €16,182 (+8428.1%), from €192 to €16,374
- Staff costs +€3,263
up €3,263 (+10.1%), from €32,427 to €35,690
- Other operating charges -€3,186
down €3,186 (-38.2%), from €8,333 to €5,147
- Depreciation -€2,169
down €2,169 (-11.3%), from €19,263 to €17,094
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 | €247,297 | €304,334 | +€57,037 | +23.1% |
| Fixed assets | 21/28 | €63,085 | €49,922 | -€13,163 | -20.9% |
| Tangible fixed assets | 22/27 | €62,900 | €49,737 | -€13,163 | -20.9% |
| Furniture and vehicles | 24 | €1,373 | €4,990 | +€3,617 | +263.4% |
| Leasing and similar rights | 25 | €61,527 | €44,747 | -€16,780 | -27.3% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €184,212 | €254,412 | +€70,200 | +38.1% |
| Amounts receivable within one year | 40/41 | €70,407 | €128,293 | +€57,886 | +82.2% |
| Trade receivables | 40 | €22,012 | €102,049 | +€80,037 | +363.6% |
| Other amounts receivable | 41 | €48,395 | €26,244 | -€22,151 | -45.8% |
| Cash at bank and in hand | 54/58 | €106,070 | €119,145 | +€13,075 | +12.3% |
| Deferred charges and accrued income | 490/1 | €7,735 | €6,974 | -€761 | -9.8% |
| Total equity and liabilities | 10/49 | €247,297 | €304,334 | +€57,037 | +23.1% |
| Equity | 10/15 | €111,979 | €104,709 | -€7,270 | -6.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €12,100 | €12,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,100 | €12,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €12,100 | €12,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,329 | €74,059 | -€7,270 | -8.9% |
| Amounts payable | 17/49 | €135,318 | €199,625 | +€64,307 | +47.5% |
| Amounts payable after more than one year | 17 | €51,182 | €38,743 | -€12,439 | -24.3% |
| Financial debts | 170/4 | €51,182 | €38,743 | -€12,439 | -24.3% |
| Amounts payable within one year | 42/48 | €84,136 | €160,882 | +€76,746 | +91.2% |
| Current portion of amounts payable after more than one year | 42 | €18,228 | €19,255 | +€1,027 | +5.6% |
| Trade debts | 44 | €11,409 | €98,311 | +€86,902 | +761.7% |
| Suppliers | 440/4 | €11,409 | €98,311 | +€86,902 | +761.7% |
| Taxes, remuneration and social security | 45 | €54,499 | €23,421 | -€31,078 | -57.0% |
| Taxes | 450/3 | €41,965 | €8,526 | -€33,439 | -79.7% |
| Remuneration and social security | 454/9 | €12,534 | €14,895 | +€2,361 | +18.8% |
| Other amounts payable | 47/48 | - | €19,895 | +€19,895 | |
| Remuneration, social security and pensions | 62 | €32,427 | €35,690 | +€3,263 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,263 | €17,094 | -€2,169 | -11.3% |
| Other operating charges | 640/8 | €8,333 | €5,147 | -€3,186 | -38.2% |
| Non-recurring operating charges | 66A | - | €1,283 | +€1,283 | |
| Gross operating margin | 9900 | €33,877 | €101,508 | +€67,631 | +199.6% |
| Operating profit (loss) | 9901 | -€26,146 | €42,294 | +€68,440 | |
| Financial income | 75/76B | €2,063 | €1,051 | -€1,012 | -49.1% |
| Recurring financial income | 75 | €2,063 | €1,051 | -€1,012 | -49.1% |
| Financial charges | 65/66B | €6,085 | €5,820 | -€265 | -4.4% |
| Recurring financial charges | 65 | €6,085 | €5,820 | -€265 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,168 | €37,525 | +€67,693 | |
| Income taxes | 67/77 | €192 | €16,374 | +€16,182 | +8428.1% |
| Profit (loss) for the period | 9904 | -€30,360 | €21,151 | +€51,511 | |
| Profit (loss) for the period to be appropriated | 9905 | -€30,360 | €21,151 | +€51,511 |
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 5 October 2026 via checked.be.