SOLID OFFICIAL SYSTEM OF CONSTRUCTION: what changed
SOLID OFFICIAL SYSTEM OF CONSTRUCTION
Largest movements
- Receivables within one year +€28,086
up €28,086 (+15.7%), from €179,439 to €207,525
of which Trade receivables: +€31,962
- Tangible fixed assets -€6,180
down €6,180 (-50.1%), from €12,325 to €6,146
- Debts after one year +€54,626
up €54,626 (+1,010%), from €5,407 to €60,033
- Short-term financial debts -€26,540
no longer reported in 2025 (was €26,540)
- Current portion of long-term debt -€11,532
down €11,532 (-62.2%), from €18,549 to €7,018
- Tax, wage and social debts -€9,362
down €9,362 (-45.5%), from €20,577 to €11,214
- Trade debts +€8,735
new in 2025: €8,735
- Gross operating margin -€29,386
down €29,386 (-63.9%), from €45,954 to €16,567
- Taxes -€7,572
down €7,572 (-79.5%), from €9,530 to €1,958
- Depreciation -€2,108
down €2,108 (-25.4%), from €8,287 to €6,180
- Financial income +€823
up €823 (+21.6%), from €3,815 to €4,638
- Financial charges +€666
up €666 (+9.7%), from €6,885 to €7,551
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €195,412 | €215,679 | +€20,267 | +10.4% |
| Fixed assets | 21/28 | €12,325 | €6,146 | -€6,180 | -50.1% |
| Tangible fixed assets | 22/27 | €12,325 | €6,146 | -€6,180 | -50.1% |
| Furniture and vehicles | 24 | €12,325 | €6,146 | -€6,180 | -50.1% |
| Current assets | 29/58 | €183,086 | €209,533 | +€26,447 | +14.4% |
| Amounts receivable within one year | 40/41 | €179,439 | €207,525 | +€28,086 | +15.7% |
| Trade receivables | 40 | €96,276 | €128,237 | +€31,962 | +33.2% |
| Other amounts receivable | 41 | €83,163 | €79,288 | -€3,875 | -4.7% |
| Cash at bank and in hand | 54/58 | €3,647 | €2,007 | -€1,640 | -45.0% |
| Total equity and liabilities | 10/49 | €195,412 | €215,679 | +€20,267 | +10.4% |
| Equity | 10/15 | €124,339 | €128,679 | +€4,341 | +3.5% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €118,089 | €122,429 | +€4,341 | +3.7% |
| Amounts payable | 17/49 | €71,073 | €86,999 | +€15,926 | +22.4% |
| Amounts payable after more than one year | 17 | €5,407 | €60,033 | +€54,626 | +1,010% |
| Financial debts | 170/4 | €5,407 | €60,033 | +€54,626 | +1,010% |
| Amounts payable within one year | 42/48 | €65,666 | €26,967 | -€38,699 | -58.9% |
| Current portion of amounts payable after more than one year | 42 | €18,549 | €7,018 | -€11,532 | -62.2% |
| Financial debts | 43 | €26,540 | - | -€26,540 | |
| Credit institutions | 430/8 | €26,540 | - | -€26,540 | |
| Trade debts | 44 | - | €8,735 | +€8,735 | |
| Suppliers | 440/4 | - | €8,735 | +€8,735 | |
| Taxes, remuneration and social security | 45 | €20,577 | €11,214 | -€9,362 | -45.5% |
| Taxes | 450/3 | €20,577 | €11,214 | -€9,362 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,287 | €6,180 | -€2,108 | -25.4% |
| Other operating charges | 640/8 | €641 | €1,177 | +€536 | +83.6% |
| Gross operating margin | 9900 | €45,954 | €16,567 | -€29,386 | -63.9% |
| Operating profit (loss) | 9901 | €37,025 | €9,211 | -€27,815 | -75.1% |
| Financial income | 75/76B | €3,815 | €4,638 | +€823 | +21.6% |
| Recurring financial income | 75 | €3,815 | €4,638 | +€823 | +21.6% |
| Financial charges | 65/66B | €6,885 | €7,551 | +€666 | +9.7% |
| Recurring financial charges | 65 | €6,885 | €7,551 | +€666 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | €33,956 | €6,298 | -€27,657 | -81.5% |
| Income taxes | 67/77 | €9,530 | €1,958 | -€7,572 | -79.5% |
| Profit (loss) for the period | 9904 | €24,426 | €4,341 | -€20,085 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €24,426 | €4,341 | -€20,085 | -82.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.