SOUSA CONSTRUCT: what changed
Two financial 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.
SOUSA CONSTRUCT
Largest movements
- Receivables within one year -€91,826
down €91,826 (-14.7%), from €623,321 to €531,496
of which Other amounts receivable: -€148,881
- Cash -€37,621
down €37,621 (-16.6%), from €226,823 to €189,202
mainly Contributions, distributions and other (-€180,798) and Investment in fixed assets (net) (-€59,276)
- Tangible fixed assets +€21,300
up €21,300 (+11.2%), from €189,424 to €210,724
of which Furniture and vehicles: +€33,189
- Deferred charges and accrued income -€10,961
down €10,961 (-50.4%), from €21,761 to €10,800
- Profit (loss) carried forward -€114,824
down €114,824 (-16.1%), from €713,591 to €598,767
- Other debts +€50,798
new in 2025: €50,798
- Debts after one year -€32,459
down €32,459 (-19.9%), from €163,098 to €130,639
- Tax, wage and social debts -€25,436
down €25,436 (-75.8%), from €33,576 to €8,139
of which Taxes: -€27,917
- Gross operating margin +€28,038
up €28,038 (+10.0%), from €280,058 to €308,096
- Staff costs +€14,647
up €14,647 (+8.5%), from €171,911 to €186,558
- Financial income +€10,327
up €10,327 (+248%), from €4,172 to €14,499
- Depreciation +€9,900
up €9,900 (+37.3%), from €26,576 to €36,476
- Taxes +€5,085
up €5,085 (+25.1%), from €20,287 to €25,372
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.
Derived cash bridge
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 | €1,062,542 | €944,934 | -€117,609 | -11.1% |
| Fixed assets | 21/28 | €190,636 | €213,436 | +€22,800 | +12.0% |
| Tangible fixed assets | 22/27 | €189,424 | €210,724 | +€21,300 | +11.2% |
| Land and buildings | 22 | €161,631 | €150,490 | -€11,141 | -6.9% |
| Plant, machinery and equipment | 23 | €955 | €207 | -€748 | -78.3% |
| Furniture and vehicles | 24 | €26,838 | €60,027 | +€33,189 | +124% |
| Financial fixed assets | 28 | €1,212 | €2,712 | +€1,500 | +124% |
| Current assets | 29/58 | €871,906 | €731,498 | -€140,408 | -16.1% |
| Amounts receivable within one year | 40/41 | €623,321 | €531,496 | -€91,826 | -14.7% |
| Trade receivables | 40 | €397,794 | €454,850 | +€57,056 | +14.3% |
| Other amounts receivable | 41 | €225,527 | €76,646 | -€148,881 | -66.0% |
| Cash at bank and in hand | 54/58 | €226,823 | €189,202 | -€37,621 | -16.6% |
| Deferred charges and accrued income | 490/1 | €21,761 | €10,800 | -€10,961 | -50.4% |
| Total equity and liabilities | 10/49 | €1,062,542 | €944,934 | -€117,609 | -11.1% |
| Equity | 10/15 | €734,051 | €619,227 | -€114,824 | -15.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €713,591 | €598,767 | -€114,824 | -16.1% |
| Amounts payable | 17/49 | €328,491 | €325,706 | -€2,785 | -0.8% |
| Amounts payable after more than one year | 17 | €163,098 | €130,639 | -€32,459 | -19.9% |
| Financial debts | 170/4 | €163,098 | €130,639 | -€32,459 | -19.9% |
| Amounts payable within one year | 42/48 | €165,393 | €195,067 | +€29,675 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €28,077 | €31,244 | +€3,168 | +11.3% |
| Financial debts | 43 | - | €1,689 | +€1,689 | |
| Credit institutions | 430/8 | - | €1,689 | +€1,689 | |
| Trade debts | 44 | €103,740 | €103,196 | -€544 | -0.5% |
| Suppliers | 440/4 | €103,740 | €103,196 | -€544 | -0.5% |
| Taxes, remuneration and social security | 45 | €33,576 | €8,139 | -€25,436 | -75.8% |
| Taxes | 450/3 | €33,576 | €5,659 | -€27,917 | -83.1% |
| Remuneration and social security | 454/9 | - | €2,480 | +€2,480 | |
| Other amounts payable | 47/48 | - | €50,798 | +€50,798 | |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Remuneration, social security and pensions | 62 | €171,911 | €186,558 | +€14,647 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,576 | €36,476 | +€9,900 | +37.3% |
| Other operating charges | 640/8 | €3,774 | €2,934 | -€840 | -22.3% |
| Gross operating margin | 9900 | €280,058 | €308,096 | +€28,038 | +10.0% |
| Operating profit (loss) | 9901 | €77,797 | €82,128 | +€4,331 | +5.6% |
| Financial income | 75/76B | €4,172 | €14,499 | +€10,327 | +248% |
| Recurring financial income | 75 | €4,172 | €14,499 | +€10,327 | +248% |
| Financial charges | 65/66B | €5,283 | €5,280 | -€3 | -0.1% |
| Recurring financial charges | 65 | €5,283 | €5,280 | -€3 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €76,686 | €91,346 | +€14,661 | +19.1% |
| Income taxes | 67/77 | €20,287 | €25,372 | +€5,085 | +25.1% |
| Profit (loss) for the period | 9904 | €56,398 | €65,974 | +€9,576 | +17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €56,398 | €65,974 | +€9,576 | +17.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.