SSA 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.
SSA Construct
Largest movements
- Cash +€5,462
up €5,462 (+250.8%), from €2,178 to €7,640
mainly Tax, wage and social debts (+€3,683) and Receivables within one year (+€3,139)
- Receivables within one year -€3,139
down €3,139 (-27.7%), from €11,347 to €8,208
of which Trade receivables: -€2,085
- Tangible fixed assets -€1,178
down €1,178 (-20.5%), from €5,748 to €4,570
- Tax, wage and social debts +€3,683
up €3,683 (+110.8%), from €3,325 to €7,008
of which Remuneration and social security: +€2,188
- Other debts -€2,985
down €2,985 (-69.2%), from €4,314 to €1,329
- Profit (loss) carried forward +€1,012
up €1,012 (+19.4%), from €5,216 to €6,228
- Trade debts -€364
down €364 (-8.5%), from €4,263 to €3,899
- Financial charges +€2,635
up €2,635 (+437.6%), from €602 to €3,237
- Gross operating margin -€2,555
down €2,555 (-25.5%), from €10,019 to €7,465
- Other operating charges +€1,442
new in 2025: €1,442
- Taxes -€1,230
down €1,230 (-67.4%), from €1,825 to €595
- Depreciation -€1,199
down €1,199 (-50.4%), from €2,377 to €1,178
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.
Cash bridge derived
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 | €20,117 | €21,463 | +€1,346 | +6.7% |
| Fixed assets | 21/28 | €5,748 | €4,570 | -€1,178 | -20.5% |
| Tangible fixed assets | 22/27 | €5,748 | €4,570 | -€1,178 | -20.5% |
| Furniture and vehicles | 24 | €5,748 | €4,570 | -€1,178 | -20.5% |
| Current assets | 29/58 | €14,369 | €16,893 | +€2,524 | +17.6% |
| Amounts receivable within one year | 40/41 | €11,347 | €8,208 | -€3,139 | -27.7% |
| Trade receivables | 40 | €7,020 | €4,936 | -€2,085 | -29.7% |
| Other amounts receivable | 41 | €4,327 | €3,273 | -€1,055 | -24.4% |
| Cash at bank and in hand | 54/58 | €2,178 | €7,640 | +€5,462 | +250.8% |
| Deferred charges and accrued income | 490/1 | €844 | €1,045 | +€201 | +23.8% |
| Total equity and liabilities | 10/49 | €20,117 | €21,463 | +€1,346 | +6.7% |
| Equity | 10/15 | €8,216 | €9,228 | +€1,012 | +12.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,216 | €6,228 | +€1,012 | +19.4% |
| Amounts payable | 17/49 | €11,902 | €12,236 | +€334 | +2.8% |
| Amounts payable within one year | 42/48 | €11,902 | €12,236 | +€334 | +2.8% |
| Trade debts | 44 | €4,263 | €3,899 | -€364 | -8.5% |
| Suppliers | 440/4 | €4,263 | €3,899 | -€364 | -8.5% |
| Taxes, remuneration and social security | 45 | €3,325 | €7,008 | +€3,683 | +110.8% |
| Taxes | 450/3 | €3,325 | €4,820 | +€1,495 | +45.0% |
| Remuneration and social security | 454/9 | - | €2,188 | +€2,188 | |
| Other amounts payable | 47/48 | €4,314 | €1,329 | -€2,985 | -69.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,377 | €1,178 | -€1,199 | -50.4% |
| Other operating charges | 640/8 | - | €1,442 | +€1,442 | |
| Gross operating margin | 9900 | €10,019 | €7,465 | -€2,555 | -25.5% |
| Operating profit (loss) | 9901 | €7,643 | €4,845 | -€2,798 | -36.6% |
| Financial charges | 65/66B | €602 | €3,237 | +€2,635 | +437.6% |
| Recurring financial charges | 65 | €602 | €3,237 | +€2,635 | +437.6% |
| Profit (loss) for the period before taxes | 9903 | €7,041 | €1,607 | -€5,433 | -77.2% |
| Income taxes | 67/77 | €1,825 | €595 | -€1,230 | -67.4% |
| Profit (loss) for the period | 9904 | €5,216 | €1,012 | -€4,203 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,216 | €1,012 | -€4,203 | -80.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.