SP 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.
SP CONSTRUCT
Largest movements
- Cash +€27,859
up €27,859 (+1,191%), from €2,339 to €30,198
mainly Net result for the year (+€28,850) and Trade debts (+€12,099)
- Receivables within one year +€6,152
up €6,152 (+19.8%), from €30,999 to €37,152
of which Other amounts receivable: +€8,283
- Profit (loss) carried forward +€28,850
up €28,850 (+1,012%), from €2,850 to €31,701
- Trade debts +€12,099
up €12,099 (+528%), from €2,292 to €14,391
- Other debts -€6,940
down €6,940 (-71.7%), from €9,675 to €2,735
- Contributions +€1,860
up €1,860 (+30.0%), from €6,200 to €8,060
- Reserves -€1,860
no longer reported in 2025 (was €1,860)
- Gross operating margin +€55,703
up €55,703, from -€8,702 to €47,001
- Taxes +€10,223
up €10,223 (+5,243%), from €195 to €10,418
- Other operating charges -€1,335
down €1,335 (-48.7%), from €2,740 to €1,405
- Financial charges -€1,028
down €1,028 (-65.0%), from €1,581 to €554
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 | €36,521 | €70,315 | +€33,794 | +92.5% |
| Fixed assets | 21/28 | €2,527 | €2,965 | +€438 | +17.4% |
| Tangible fixed assets | 22/27 | €2,427 | €2,865 | +€438 | +18.1% |
| Furniture and vehicles | 24 | €2,427 | €2,865 | +€438 | +18.1% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €33,994 | €67,350 | +€33,356 | +98.1% |
| Amounts receivable within one year | 40/41 | €30,999 | €37,152 | +€6,152 | +19.8% |
| Trade receivables | 40 | €27,368 | €25,237 | -€2,131 | -7.8% |
| Other amounts receivable | 41 | €3,631 | €11,915 | +€8,283 | +228% |
| Cash at bank and in hand | 54/58 | €2,339 | €30,198 | +€27,859 | +1,191% |
| Deferred charges and accrued income | 490/1 | €655 | - | -€655 | |
| Total equity and liabilities | 10/49 | €36,521 | €70,315 | +€33,794 | +92.5% |
| Equity | 10/15 | €10,910 | €39,761 | +€28,850 | +264% |
| Contributions | 10/11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Contributions outside capital | 11 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Other | 1109/19 | €6,200 | €8,060 | +€1,860 | +30.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €2,850 | €31,701 | +€28,850 | +1,012% |
| Amounts payable | 17/49 | €25,611 | €30,554 | +€4,944 | +19.3% |
| Amounts payable within one year | 42/48 | €25,611 | €30,554 | +€4,944 | +19.3% |
| Financial debts | 43 | - | €98 | +€98 | |
| Credit institutions | 430/8 | - | €98 | +€98 | |
| Trade debts | 44 | €2,292 | €14,391 | +€12,099 | +528% |
| Suppliers | 440/4 | €2,292 | €14,391 | +€12,099 | +528% |
| Taxes, remuneration and social security | 45 | €13,644 | €13,330 | -€314 | -2.3% |
| Taxes | 450/3 | €6,026 | €10,530 | +€4,504 | +74.7% |
| Remuneration and social security | 454/9 | €7,618 | €2,800 | -€4,818 | -63.2% |
| Other amounts payable | 47/48 | €9,675 | €2,735 | -€6,940 | -71.7% |
| Non-recurring operating income | 76A | €10,165 | €22,722 | +€12,557 | +124% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,510 | €3,562 | +€51 | +1.5% |
| Other operating charges | 640/8 | €2,740 | €1,405 | -€1,335 | -48.7% |
| Non-recurring operating charges | 66A | - | €2,215 | +€2,215 | |
| Gross operating margin | 9900 | -€8,702 | €47,001 | +€55,703 | |
| Operating profit (loss) | 9901 | -€14,953 | €39,819 | +€54,772 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €1,581 | €554 | -€1,028 | -65.0% |
| Recurring financial charges | 65 | €1,581 | €554 | -€1,028 | -65.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,534 | €39,268 | +€55,802 | |
| Income taxes | 67/77 | €195 | €10,418 | +€10,223 | +5,243% |
| Profit (loss) for the period | 9904 | -€16,729 | €28,850 | +€45,579 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,729 | €28,850 | +€45,579 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.