SOUZA 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.
SOUZA CONSTRUCT
Largest movements
- Receivables within one year +€21,354
up €21,354 (+486.1%), from €4,393 to €25,746
of which Trade receivables: +€17,727
- Cash +€18,763
up €18,763 (+57.5%), from €32,609 to €51,372
mainly Net result for the year (+€27,877) and Trade debts (+€8,208)
- Tangible fixed assets -€1,189
down €1,189 (-12.4%), from €9,583 to €8,394
of which Furniture and vehicles: -€2,500
- Formation expenses -€1,151
no longer reported in 2024 (was €1,151)
- Reserves +€27,877
up €27,877 (+201.1%), from €13,859 to €41,735
- Trade debts +€8,208
up €8,208 (+47.8%), from €17,185 to €25,394
- Tax, wage and social debts +€2,237
up €2,237 (+16.1%), from €13,896 to €16,132
of which Taxes: +€1,716
- Gross operating margin +€21,483
up €21,483 (+102.2%), from €21,029 to €42,512
- Taxes +€5,356
up €5,356 (+101.2%), from €5,290 to €10,646
- Depreciation +€2,161
up €2,161 (+138.0%), from €1,566 to €3,727
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,939 | €86,261 | +€38,322 | +79.9% |
| Formation expenses | 20 | €1,151 | - | -€1,151 | |
| Fixed assets | 21/28 | €9,788 | €8,598 | -€1,189 | -12.2% |
| Tangible fixed assets | 22/27 | €9,583 | €8,394 | -€1,189 | -12.4% |
| Plant, machinery and equipment | 23 | - | €1,311 | +€1,311 | |
| Furniture and vehicles | 24 | €9,583 | €7,083 | -€2,500 | -26.1% |
| Financial fixed assets | 28 | €204 | €204 | = | 0.0% |
| Current assets | 29/58 | €37,001 | €77,663 | +€40,662 | +109.9% |
| Amounts receivable within one year | 40/41 | €4,393 | €25,746 | +€21,354 | +486.1% |
| Trade receivables | 40 | €3,720 | €21,447 | +€17,727 | +476.5% |
| Other amounts receivable | 41 | €673 | €4,299 | +€3,627 | +539.1% |
| Cash at bank and in hand | 54/58 | €32,609 | €51,372 | +€18,763 | +57.5% |
| Deferred charges and accrued income | 490/1 | - | €545 | +€545 | |
| Total equity and liabilities | 10/49 | €47,939 | €86,261 | +€38,322 | +79.9% |
| Equity | 10/15 | €16,859 | €44,735 | +€27,877 | +165.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €13,859 | €41,735 | +€27,877 | +201.1% |
| Distributable reserves | 133 | €13,859 | €41,735 | +€27,877 | +201.1% |
| Amounts payable | 17/49 | €31,081 | €41,526 | +€10,445 | +33.6% |
| Amounts payable within one year | 42/48 | €31,081 | €41,526 | +€10,445 | +33.6% |
| Trade debts | 44 | €17,185 | €25,394 | +€8,208 | +47.8% |
| Suppliers | 440/4 | €17,185 | €25,394 | +€8,208 | +47.8% |
| Taxes, remuneration and social security | 45 | €13,896 | €16,132 | +€2,237 | +16.1% |
| Taxes | 450/3 | €1,430 | €3,146 | +€1,716 | +120.0% |
| Remuneration and social security | 454/9 | €12,466 | €12,986 | +€521 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,566 | €3,727 | +€2,161 | +138.0% |
| Other operating charges | 640/8 | €237 | - | -€237 | |
| Gross operating margin | 9900 | €21,029 | €42,512 | +€21,483 | +102.2% |
| Operating profit (loss) | 9901 | €19,226 | €38,784 | +€19,558 | +101.7% |
| Financial charges | 65/66B | €77 | €261 | +€185 | +240.4% |
| Recurring financial charges | 65 | €77 | €261 | +€185 | +240.4% |
| Profit (loss) for the period before taxes | 9903 | €19,149 | €38,523 | +€19,374 | +101.2% |
| Income taxes | 67/77 | €5,290 | €10,646 | +€5,356 | +101.2% |
| Profit (loss) for the period | 9904 | €13,859 | €27,877 | +€14,018 | +101.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,859 | €27,877 | +€14,018 | +101.1% |
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 2 October 2026 via checked.be.