SOLID BUILDING OVERPELT: 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.
What changed
SOLID BUILDING OVERPELT
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€563,534
2023 · €777,634-€214,100
Equity
€1.7m
2023 · €1.3m+€383,534
Cash
€2.9m
2023 · €958,060+€1.9m
Balance sheet total
€7.2m
2023 · €4.8m+€2.4m
Largest movements
Assets
- Cash +€1.9m
up €1.9m (+201.8%), from €958,060 to €2.9m
mainly Trade debts (+€2.0m) and Advances received (+€765,976)
- Receivables within one year +€622,810
up €622,810 (+29.1%), from €2.1m to €2.8m
of which Trade receivables: +€513,884
- Stocks and contracts -€135,443
down €135,443 (-10.7%), from €1.3m to €1.1m
of which Contracts in progress: -€129,168
Equity and liabilities
- Trade debts +€2.0m
up €2.0m (+254.0%), from €806,728 to €2.9m
- Advances received +€765,976
up €765,976 (+78.1%), from €981,139 to €1.7m
- Debts after one year -€530,000
down €530,000 (-67.9%), from €780,000 to €250,000
- Profit (loss) carried forward +€383,534
up €383,534 (+11248.5%), from €3,410 to €386,943
- Tax, wage and social debts -€229,704
down €229,704 (-51.0%), from €450,435 to €220,731
of which Taxes: -€152,234
Income statement
- Goods and materials -€2.1m
down €2.1m (-15.9%), from €13.4m to €11.3m
of which Purchases: -€2.1m
- Turnover -€2.1m
down €2.1m (-11.4%), from €18.1m to €16.1m
- Staff costs -€443,705
down €443,705 (-19.0%), from €2.3m to €1.9m
- Services and other goods +€382,940
up €382,940 (+26.2%), from €1.5m to €1.8m
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.
Result 2023
€777,634
Turnover
-€2.1m
Other operating income
-€31,650
Goods and materials
+€2.1m
Services and other goods
-€382,940
Staff costs
+€443,705
Depreciation
+€15,400
Other operating charges
+€262
Other operating items
-€278,845
Financial income
+€3,243
Financial charges
+€1,383
Taxes
-€63,584
Result 2024
€563,534
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.
From operations
+€2.9m
Investment
-€132,084
Financing
-€810,000
Cash 2023
€958,060
From operations (derived)
+€2.9m
Net result for the year
+€563,534
Depreciation
+€154,439
Stocks and contracts
+€135,443
Receivables within one year
-€622,810
Deferred charges and accrued income
+€1,312
Trade debts
+€2.0m
Tax, wage and social debts
-€229,704
Advances received
+€765,976
Other debts
+€20,000
Accrued charges and deferred income
+€37,969
Investment (derived)
-€132,084
Investment in fixed assets (net)
-€132,084
Financing
-€810,000
Debts after one year
-€530,000
Short-term financial debts
-€100,000
Contributions, distributions and other
-€180,000
Cash 2024
€2.9m
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,779,147 | €7,176,241 | +€2.4m | +50.2% |
| Fixed assets | 21/28 | €378,144 | €355,789 | -€22,355 | -5.9% |
| Intangible fixed assets | 21 | €3,446 | €2,447 | -€999 | -29.0% |
| Tangible fixed assets | 22/27 | €374,698 | €353,342 | -€21,356 | -5.7% |
| Land and buildings | 22 | €16,348 | €8,542 | -€7,806 | -47.7% |
| Plant, machinery and equipment | 23 | €128,616 | €83,897 | -€44,719 | -34.8% |
| Furniture and vehicles | 24 | €229,734 | €260,903 | +€31,169 | +13.6% |
| Current assets | 29/58 | €4,401,003 | €6,820,452 | +€2.4m | +55.0% |
| Stocks and contracts in progress | 3 | €1,261,861 | €1,126,418 | -€135,443 | -10.7% |
| Stocks | 30/36 | €406,184 | €399,910 | -€6,274 | -1.5% |
| Raw materials and consumables | 30/31 | €406,184 | €399,910 | -€6,274 | -1.5% |
| Contracts in progress | 37 | €855,676 | €726,508 | -€129,168 | -15.1% |
| Amounts receivable within one year | 40/41 | €2,139,326 | €2,762,136 | +€622,810 | +29.1% |
| Trade receivables | 40 | €1,766,639 | €2,280,523 | +€513,884 | +29.1% |
| Other amounts receivable | 41 | €372,686 | €481,613 | +€108,927 | +29.2% |
| Cash at bank and in hand | 54/58 | €958,060 | €2,891,453 | +€1.9m | +201.8% |
| Deferred charges and accrued income | 490/1 | €41,757 | €40,444 | -€1,312 | -3.1% |
| Total equity and liabilities | 10/49 | €4,779,147 | €7,176,241 | +€2.4m | +50.2% |
| Equity | 10/15 | €1,298,601 | €1,682,134 | +€383,534 | +29.5% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Capital | 10 | €1,000,000 | €1,000,000 | = | 0.0% |
| Issued capital | 100 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €295,191 | €295,191 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100,000 | €100,000 | = | 0.0% |
| Legal reserve | 130 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €195,191 | €195,191 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,410 | €386,943 | +€383,534 | +11248.5% |
| Amounts payable | 17/49 | €3,480,546 | €5,494,107 | +€2.0m | +57.9% |
| Amounts payable after more than one year | 17 | €780,000 | €250,000 | -€530,000 | -67.9% |
| Financial debts | 170/4 | €780,000 | €250,000 | -€530,000 | -67.9% |
| Other loans | 174 | €780,000 | €250,000 | -€530,000 | -67.9% |
| Amounts payable within one year | 42/48 | €2,698,302 | €5,203,893 | +€2.5m | +92.9% |
| Financial debts | 43 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Credit institutions | 430/8 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Trade debts | 44 | €806,728 | €2,856,048 | +€2.0m | +254.0% |
| Suppliers | 440/4 | €806,728 | €2,856,048 | +€2.0m | +254.0% |
| Advances received on contracts in progress | 46 | €981,139 | €1,747,114 | +€765,976 | +78.1% |
| Taxes, remuneration and social security | 45 | €450,435 | €220,731 | -€229,704 | -51.0% |
| Taxes | 450/3 | €192,552 | €40,318 | -€152,234 | -79.1% |
| Remuneration and social security | 454/9 | €257,883 | €180,413 | -€77,470 | -30.0% |
| Other amounts payable | 47/48 | €160,000 | €180,000 | +€20,000 | +12.5% |
| Accrued charges and deferred income | 492/3 | €2,245 | €40,214 | +€37,969 | +1691.6% |
| Operating income | 70/76A | €18,370,580 | €16,000,068 | -€2.4m | -12.9% |
| Turnover | 70 | €18,127,573 | €16,067,556 | -€2.1m | -11.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €101,725 | -€129,168 | -€230,893 | |
| Other operating income | 74 | €93,330 | €61,680 | -€31,650 | -33.9% |
| Non-recurring operating income | 76A | €47,952 | - | -€47,952 | |
| Operating charges | 60/66A | €17,410,428 | €15,195,059 | -€2.2m | -12.7% |
| Goods for resale, raw materials and consumables | 60 | €13,423,226 | €11,284,285 | -€2.1m | -15.9% |
| Purchases | 600/8 | €13,359,399 | €11,278,010 | -€2.1m | -15.6% |
| Change in stocks: decrease (increase) | 609 | €63,827 | €6,274 | -€57,553 | -90.2% |
| Services and other goods | 61 | €1,459,163 | €1,842,103 | +€382,940 | +26.2% |
| Remuneration, social security and pensions | 62 | €2,329,435 | €1,885,731 | -€443,705 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €169,839 | €154,439 | -€15,400 | -9.1% |
| Other operating charges | 640/8 | €28,764 | €28,502 | -€262 | -0.9% |
| Operating profit (loss) | 9901 | €960,152 | €805,009 | -€155,143 | -16.2% |
| Financial income | 75/76B | €1,216 | €4,459 | +€3,243 | +266.8% |
| Recurring financial income | 75 | €1,216 | €4,459 | +€3,243 | +266.8% |
| Other financial income | 752/9 | €1,216 | €4,459 | +€3,243 | +266.8% |
| Financial charges | 65/66B | €67,274 | €65,891 | -€1,383 | -2.1% |
| Recurring financial charges | 65 | €67,274 | €65,891 | -€1,383 | -2.1% |
| Debt charges | 650 | €61,070 | €53,894 | -€7,176 | -11.8% |
| Other financial charges | 652/9 | €6,204 | €11,997 | +€5,793 | +93.4% |
| Profit (loss) for the period before taxes | 9903 | €894,093 | €743,577 | -€150,517 | -16.8% |
| Income taxes | 67/77 | €116,459 | €180,043 | +€63,584 | +54.6% |
| Taxes | 670/3 | €116,459 | €180,043 | +€63,584 | +54.6% |
| Profit (loss) for the period | 9904 | €777,634 | €563,534 | -€214,100 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €777,634 | €563,534 | -€214,100 | -27.5% |
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 1 October 2026 via checked.be.