SP&LI 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&LI CONSTRUCT
Largest movements
- Receivables within one year +€64,451
up €64,451 (+188%), from €34,321 to €98,772
of which Trade receivables: +€73,058
- Cash +€44,938
up €44,938 (+227%), from €19,825 to €64,763
mainly Trade debts (+€97,101) and Net result for the year (+€11,611)
- Tangible fixed assets +€1,905
up €1,905 (+28.8%), from €6,607 to €8,512
- Trade debts +€97,101
up €97,101 (+209%), from €46,548 to €143,649
of which Bills of exchange payable: +€103,924
- Profit (loss) carried forward +€11,611
up €11,611 (+88.2%), from €13,169 to €24,780
- Other debts +€2,064
new in 2025: €2,064
- Gross operating margin +€4,477
up €4,477 (+29.9%), from €14,951 to €19,429
- Depreciation +€2,049
up €2,049 (+192%), from €1,065 to €3,115
- Taxes +€389
up €389 (+12.3%), from €3,162 to €3,551
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 | €64,753 | €176,047 | +€111,295 | +172% |
| Fixed assets | 21/28 | €6,607 | €8,512 | +€1,905 | +28.8% |
| Tangible fixed assets | 22/27 | €6,607 | €8,512 | +€1,905 | +28.8% |
| Furniture and vehicles | 24 | €6,607 | €8,512 | +€1,905 | +28.8% |
| Current assets | 29/58 | €58,146 | €167,535 | +€109,389 | +188% |
| Amounts receivable within one year | 40/41 | €34,321 | €98,772 | +€64,451 | +188% |
| Trade receivables | 40 | €25,156 | €98,214 | +€73,058 | +290% |
| Other amounts receivable | 41 | €9,165 | €558 | -€8,607 | -93.9% |
| Current investments | 50/53 | €4,000 | €4,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,825 | €64,763 | +€44,938 | +227% |
| Total equity and liabilities | 10/49 | €64,753 | €176,047 | +€111,295 | +172% |
| Equity | 10/15 | €15,169 | €26,780 | +€11,611 | +76.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,169 | €24,780 | +€11,611 | +88.2% |
| Amounts payable | 17/49 | €49,583 | €149,267 | +€99,684 | +201% |
| Amounts payable within one year | 42/48 | €49,583 | €149,267 | +€99,684 | +201% |
| Trade debts | 44 | €46,548 | €143,649 | +€97,101 | +209% |
| Suppliers | 440/4 | €6,822 | - | -€6,822 | |
| Bills of exchange payable | 441 | €39,725 | €143,649 | +€103,924 | +262% |
| Taxes, remuneration and social security | 45 | €3,036 | €3,554 | +€519 | +17.1% |
| Taxes | 450/3 | €3,036 | €3,554 | +€519 | +17.1% |
| Other amounts payable | 47/48 | - | €2,064 | +€2,064 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,065 | €3,115 | +€2,049 | +192% |
| Other operating charges | 640/8 | €922 | €978 | +€55 | +6.0% |
| Gross operating margin | 9900 | €14,951 | €19,429 | +€4,477 | +29.9% |
| Operating profit (loss) | 9901 | €12,964 | €15,336 | +€2,373 | +18.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | +133% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +133% |
| Financial charges | 65/66B | €305 | €174 | -€130 | -42.7% |
| Recurring financial charges | 65 | €305 | €174 | -€130 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €12,659 | €15,162 | +€2,503 | +19.8% |
| Income taxes | 67/77 | €3,162 | €3,551 | +€389 | +12.3% |
| Profit (loss) for the period | 9904 | €9,497 | €11,611 | +€2,114 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,497 | €11,611 | +€2,114 | +22.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.