SLG 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.
SLG CONSTRUCT
Largest movements
- Cash -€75,041
down €75,041 (-39.5%), from €189,794 to €114,753
mainly Debts after one year (-€175,000) and Receivables within one year (-€49,917)
- Receivables within one year +€49,917
up €49,917, from €0 to €49,917
of which Trade receivables: +€49,913
- Debts after one year -€175,000
down €175,000 (-13.8%), from €1.3m to €1.1m
- Reserves +€139,588
up €139,588 (+49.2%), from €283,895 to €423,483
- Other debts +€34,440
up €34,440 (+9092.0%), from €379 to €34,819
- Tax, wage and social debts -€26,200
down €26,200 (-68.4%), from €38,311 to €12,111
- Financial charges +€37,435
up €37,435 (+32938.4%), from €114 to €37,548
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 | €1,598,624 | €1,571,984 | -€26,640 | -1.7% |
| Fixed assets | 21/28 | €1,405,770 | €1,404,188 | -€1,581 | -0.1% |
| Tangible fixed assets | 22/27 | €9,503 | €7,922 | -€1,581 | -16.6% |
| Furniture and vehicles | 24 | €1,261 | €714 | -€547 | -43.4% |
| Other tangible fixed assets | 26 | €8,242 | €7,208 | -€1,034 | -12.5% |
| Financial fixed assets | 28 | €1,396,267 | €1,396,267 | = | 0.0% |
| Current assets | 29/58 | €192,855 | €167,796 | -€25,059 | -13.0% |
| Amounts receivable within one year | 40/41 | €0 | €49,917 | +€49,917 | |
| Trade receivables | 40 | - | €49,913 | +€49,913 | |
| Other amounts receivable | 41 | €0 | €5 | +€5 | |
| Current investments | 50/53 | €2,500 | €2,540 | +€40 | +1.6% |
| Cash at bank and in hand | 54/58 | €189,794 | €114,753 | -€75,041 | -39.5% |
| Deferred charges and accrued income | 490/1 | €561 | €585 | +€24 | +4.3% |
| Total equity and liabilities | 10/49 | €1,598,624 | €1,571,984 | -€26,640 | -1.7% |
| Equity | 10/15 | €288,895 | €428,483 | +€139,588 | +48.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €283,895 | €423,483 | +€139,588 | +49.2% |
| Distributable reserves | 133 | €283,895 | €423,483 | +€139,588 | +49.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,309,730 | €1,143,501 | -€166,229 | -12.7% |
| Amounts payable after more than one year | 17 | €1,271,000 | €1,096,000 | -€175,000 | -13.8% |
| Financial debts | 170/4 | €1,271,000 | €1,096,000 | -€175,000 | -13.8% |
| Amounts payable within one year | 42/48 | €38,730 | €47,501 | +€8,771 | +22.6% |
| Current portion of amounts payable after more than one year | 42 | €40 | €0 | -€40 | -100.0% |
| Trade debts | 44 | €0 | €570 | +€570 | |
| Suppliers | 440/4 | €0 | €570 | +€570 | |
| Taxes, remuneration and social security | 45 | €38,311 | €12,111 | -€26,200 | -68.4% |
| Taxes | 450/3 | €38,311 | €12,111 | -€26,200 | -68.4% |
| Other amounts payable | 47/48 | €379 | €34,819 | +€34,440 | +9092.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,415 | €1,581 | +€166 | +11.8% |
| Other operating charges | 640/8 | €481 | €895 | +€414 | +86.1% |
| Gross operating margin | 9900 | €108,833 | €108,617 | -€216 | -0.2% |
| Operating profit (loss) | 9901 | €106,938 | €106,141 | -€797 | -0.7% |
| Financial income | 75/76B | €100,000 | €100,097 | +€97 | +0.1% |
| Recurring financial income | 75 | €100,000 | €100,097 | +€97 | +0.1% |
| Financial charges | 65/66B | €114 | €37,548 | +€37,435 | +32938.4% |
| Recurring financial charges | 65 | €114 | €37,548 | +€37,435 | +32938.4% |
| Profit (loss) for the period before taxes | 9903 | €206,824 | €168,690 | -€38,134 | -18.4% |
| Income taxes | 67/77 | €27,280 | €28,242 | +€962 | +3.5% |
| Profit (loss) for the period | 9904 | €179,544 | €140,448 | -€39,096 | -21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €179,544 | €140,448 | -€39,096 | -21.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.