SYK 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.
SYK CONSTRUCT
Largest movements
- Stocks and contracts -€7,409
no longer reported in 2026 (was €7,409)
- Receivables within one year +€4,930
up €4,930 (+12.1%), from €40,621 to €45,551
of which Trade receivables: +€4,149
- Tangible fixed assets -€1,325
down €1,325 (-80.6%), from €1,644 to €319
- Other debts -€2,820
down €2,820 (-38.8%), from €7,273 to €4,453
- Profit (loss) carried forward +€2,434
up €2,434 (+9.1%), from €26,728 to €29,163
- Tax, wage and social debts -€2,335
down €2,335 (-18.3%), from €12,752 to €10,417
of which Taxes: -€2,335
- Trade debts -€944
no longer reported in 2026 (was €944)
- Gross operating margin -€4,733
down €4,733 (-48.3%), from €9,807 to €5,075
- Taxes -€1,242
down €1,242 (-50.7%), from €2,450 to €1,208
- Depreciation +€319
up €319 (+31.7%), from €1,006 to €1,325
- Financial charges +€117
up €117, from -€9 to €107
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €49,697 | €46,032 | -€3,665 | -7.4% |
| Fixed assets | 21/28 | €1,644 | €319 | -€1,325 | -80.6% |
| Tangible fixed assets | 22/27 | €1,644 | €319 | -€1,325 | -80.6% |
| Furniture and vehicles | 24 | €1,644 | €319 | -€1,325 | -80.6% |
| Current assets | 29/58 | €48,054 | €45,714 | -€2,340 | -4.9% |
| Stocks and contracts in progress | 3 | €7,409 | - | -€7,409 | |
| Contracts in progress | 37 | €7,409 | - | -€7,409 | |
| Amounts receivable within one year | 40/41 | €40,621 | €45,551 | +€4,930 | +12.1% |
| Trade receivables | 40 | €40,621 | €44,770 | +€4,149 | +10.2% |
| Other amounts receivable | 41 | €0 | €781 | +€781 | |
| Cash at bank and in hand | 54/58 | €24 | €163 | +€139 | +588.0% |
| Total equity and liabilities | 10/49 | €49,697 | €46,032 | -€3,665 | -7.4% |
| Equity | 10/15 | €28,728 | €31,163 | +€2,434 | +8.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,728 | €29,163 | +€2,434 | +9.1% |
| Amounts payable | 17/49 | €20,969 | €14,870 | -€6,099 | -29.1% |
| Amounts payable within one year | 42/48 | €20,969 | €14,870 | -€6,099 | -29.1% |
| Trade debts | 44 | €944 | - | -€944 | |
| Suppliers | 440/4 | €944 | €0 | -€944 | -100.0% |
| Taxes, remuneration and social security | 45 | €12,752 | €10,417 | -€2,335 | -18.3% |
| Taxes | 450/3 | €6,114 | €3,779 | -€2,335 | -38.2% |
| Remuneration and social security | 454/9 | €6,638 | €6,638 | = | 0.0% |
| Other amounts payable | 47/48 | €7,273 | €4,453 | -€2,820 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,006 | €1,325 | +€319 | +31.7% |
| Gross operating margin | 9900 | €9,807 | €5,075 | -€4,733 | -48.3% |
| Operating profit (loss) | 9901 | €8,801 | €3,750 | -€5,051 | -57.4% |
| Financial charges | 65/66B | -€9 | €107 | +€117 | |
| Recurring financial charges | 65 | -€9 | €107 | +€117 | |
| Profit (loss) for the period before taxes | 9903 | €8,810 | €3,642 | -€5,168 | -58.7% |
| Income taxes | 67/77 | €2,450 | €1,208 | -€1,242 | -50.7% |
| Profit (loss) for the period | 9904 | €6,360 | €2,434 | -€3,926 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,360 | €2,434 | -€3,926 | -61.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.