I.D.R. CONSTRUCT (0886.923.656): financials and annual accounts

I.D.R. CONSTRUCT

Woluwe-Saint-Lambert ·KBO/BCE: BE 0886.923.656

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
Balance sheet: assets
Total assets`20/58`	460,721	460,721	352,204	306,569	190,387	210,185	165,094	155,592	155,592	149,333	130,638	145,008	133,263	129,671	120,368	144,766	108,527	114,778
Fixed assets`21/28`	86,578	86,578	108,935	127,056	37,578	30,224	41,719	33,714	33,714	5,028	23,145	31,712	39,328	58,246	47,788	41,246	54,972	18,972
Tangible fixed assets`22/27`	86,578	86,578	108,935	127,056	37,578	30,224	41,719	33,714	33,714	5,028	23,145	31,712	39,328	58,246	47,788	41,246	54,832	18,972
Land and buildings`22`	19,224	19,224	19,872	20,520	21,600	23,603	27,609	29,611	29,611	-	-	-	-	-	-	-	-	-
Plant, machinery and equipment`23`	795	795	0	1,237	662	1,773	1,123	2,365	2,365	4,729	688	2,544	2,977	3,123	5,521	10,954	13,044	7,499
Furniture and vehicles`24`	61,744	61,744	83,706	105,299	15,317	4,848	12,987	1,738	1,738	299	22,458	29,168	36,352	55,123	42,267	26,565	36,198	4,018
Other tangible fixed assets`26`	4,815	4,815	5,357	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Financial fixed assets`28`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	140	-
Current assets`29/58`	374,143	374,143	243,268	179,513	152,808	179,961	123,376	121,878	121,878	144,305	107,492	113,296	93,935	71,425	72,580	103,520	53,555	95,806
Stocks and contracts in progress`3`	1,279	1,279	6,990	1,639	22,231	21,125	5,012	196	196	3,447	1,327	-	-	-	-	-	-	-
Stocks`30/36`	1,279	1,279	6,990	1,639	22,231	21,125	5,012	196	196	3,447	1,327	-	-	-	-	-	-	-
Amounts receivable within one year`40/41`	309,636	309,636	137,033	132,083	106,640	109,474	44,300	30,613	30,613	36,559	38,834	55,932	70,890	58,378	58,370	72,740	41,534	66,782
Trade receivables`40`	288,232	288,232	116,259	130,858	106,490	99,863	35,655	21,151	21,151	29,425	34,689	54,970	67,288	55,977	37,741	52,111	23,680	46,153
Other amounts receivable`41`	21,404	21,404	20,774	1,225	150	9,611	8,645	9,462	9,462	7,134	4,145	962	3,602	2,401	20,629	20,629	17,854	20,629
Cash at bank and in hand`54/58`	63,149	63,149	98,235	45,385	23,345	26,662	73,551	90,952	90,952	104,163	67,195	57,314	22,140	11,689	13,355	30,535	12,021	29,024
Deferred charges and accrued income`490/1`	79	79	1,010	406	592	22,699	512	117	117	136	136	50	904	1,358	856	244	-	-
Balance sheet: equity and liabilities
Total equity and liabilities`10/49`	460,721	460,721	352,204	306,569	190,387	210,185	165,094	155,592	155,592	149,333	130,638	145,008	133,263	129,671	120,368	144,766	108,527	114,778
Equity`10/15`	115,520	115,520	110,873	99,185	65,169	62,202	69,853	56,195	56,195	38,123	40,459	39,980	14,309	8,738	-2,216	27,099	14,496	13,800
Contributions`10/11`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	6,200	6,200
Capital`10`	18,600	18,600	18,600	18,600	18,600	-	-	-	-	-	-	-	-	-	-	-	-	-
Issued capital`100`	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600	18,600
Uncalled capital`101`	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	12,400	12,400
Reserves`13`	35,777	35,777	35,236	29,294	9,060	9,060	6,660	4,260	4,260	1,497	1,497	1,473	425	425	425	425	415	380
Non-distributable reserves`130/1`	1,860	1,860	1,860	1,860	1,860	-	-	-	-	-	-	-	-	-	-	-	-	-
Legal reserve`130`	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,860	1,497	1,497	1,473	425	425	425	425	415	380
Tax-exempt reserves`132`	8,917	8,917	13,376	17,834	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Distributable reserves`133`	25,000	25,000	20,000	9,600	7,200	7,200	4,800	2,400	2,400	-	-	-	-	-	-	-	-	-
Profit (loss) carried forward`14`	61,143	61,143	57,037	51,291	37,509	34,542	44,593	33,335	33,335	18,027	20,363	19,908	-4,716	-10,287	-21,241	8,074	7,881	7,220
Provisions and deferred taxes`16`	2,972	2,972	4,459	5,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Deferred taxes`168`	2,972	2,972	4,459	5,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Amounts payable`17/49`	342,229	342,229	236,872	201,440	125,218	147,983	95,242	99,398	99,398	111,210	90,178	105,027	118,954	120,933	122,584	117,667	94,031	100,978
Amounts payable after more than one year`17`	2,846	2,846	19,754	-	-	-	-	-	-	0	4,350	10,663	16,236	24,858	5,651	5,633	16,241	1,472
Financial debts`170/4`	2,846	2,846	19,754	-	-	-	-	-	-	0	4,350	10,663	16,236	24,858	5,651	5,633	16,241	1,472
Amounts payable within one year`42/48`	339,382	339,382	217,118	201,440	125,218	147,983	95,242	99,398	99,398	111,210	85,829	94,364	102,718	96,074	115,851	112,034	77,790	99,506
Current portion of amounts payable after more than one year`42`	16,907	16,907	16,617	-	-	-	-	0	0	4,350	6,314	6,070	8,622	8,610	8,908	7,436	5,363	2,368
Trade debts`44`	301,627	301,627	144,803	144,329	59,735	93,228	38,922	24,986	24,986	14,023	1,435	26,811	4,844	15	32,640	20,831	6,641	66,610
Suppliers`440/4`	301,627	301,627	144,803	144,329	59,735	93,228	38,922	24,986	24,986	14,023	1,435	26,811	4,844	15	32,640	20,831	6,641	66,610
Advances received on contracts in progress`46`	-	-	-	-	-	-	0	1,000	1,000	3,498	-	-	-	-	-	-	-	-
Taxes, remuneration and social security`45`	20,848	20,848	31,018	25,549	33,538	16,541	6,191	1,872	1,872	1,632	7,636	6,000	2,850	0	13,104	16,619	2,803	5,069
Taxes`450/3`	12,657	12,657	7,769	3,481	14,158	3,491	2,046	1,872	1,872	1,632	7,636	6,000	0	0	13,104	16,619	2,803	2,403
Remuneration and social security`454/9`	8,191	8,191	23,249	22,068	19,379	13,049	4,145	-	-	-	-	0	2,850	-	-	-	0	2,666
Other amounts payable`47/48`	0	0	24,679	31,561	31,946	38,214	50,129	71,539	71,539	87,707	70,445	55,483	86,402	87,449	61,197	67,149	62,982	25,459
Accrued charges and deferred income`492/3`	-	-	-	-	-	-	-	-	-	-	-	-	-	0	1,082	-	-	-
Income statement
Turnover`70`	749,249	749,249	659,462	599,374	349,341	579,582	293,780	311,864	311,864	516,507	269,629	466,445	282,615	488,303	392,334	390,572	279,326	386,796
Non-recurring operating income`76A`	-	-	63	29,724	-	-	16,148	8,000	8,000	-	-	-	333	-	2,127	-	-	-
Gross operating margin`9900`	51,219	51,219	47,523	52,516	29,693	51,594	26,788	9,771	9,771	17,992	15,357	63,491	30,051	48,366	-2,918	30,934	22,677	15,133
Goods, raw materials, services and sundry goods`60/61`	701,884	701,884	617,239	588,623	332,223	554,272	283,530	310,163	310,163	498,514	254,273	402,955	252,564	439,938	395,251	359,639	256,649	371,663
Remuneration, social security and pensions`62`	-	-	-	503	15,124	51,401	-	-	-	-	-	-	-	-	-	-	-	35
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets`630`	24,719	24,719	23,517	10,027	7,500	5,893	8,072	5,101	5,101	3,578	8,567	10,875	18,198	31,235	26,409	22,852	18,873	5,099
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)`631/4`	-	-	-	-	-	-	-	-18,555	-18,555	-	-	18,555	-	-	-	-	-	-
Other operating charges`640/8`	3,111	3,111	4,483	2,189	2,255	1,063	684	7,190	7,190	656	569	560	1,726	1,414	1,177	1,567	1,018	433
Non-recurring operating charges`66A`	-	-	-	-	-	-	-	-	-	10,803	-	-	-	-	-	5,006	-	-
Operating profit (loss)`9901`	23,389	23,389	19,523	39,797	4,815	-6,762	18,031	16,035	16,035	13,758	6,221	33,501	10,127	15,716	-30,504	6,515	2,786	9,567
Financial income`75/76B`	521	521	19	1,418	97	1,427	16	0	0	143	6	76	16	102	29	49	33	983
Recurring financial income`75`	521	521	19	1,418	97	1,427	16	0	0	143	6	76	16	102	29	49	33	983
Financial charges`65/66B`	1,639	1,639	1,340	722	788	1,652	257	371	371	560	748	1,771	4,907	4,028	963	1,263	1,720	546
Recurring financial charges`65`	1,639	1,639	1,340	722	788	1,652	257	371	371	560	748	1,771	4,907	4,028	963	1,263	1,720	546
Profit (loss) for the period before taxes`9903`	22,270	22,270	18,202	40,493	4,124	-6,987	17,790	15,664	15,664	2,538	5,479	31,805	5,568	11,790	-29,311	295	1,099	10,003
Transfer from deferred taxes`780`	5,945	5,945	5,945	5,945	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to deferred taxes`680`	-	-	-	29,724	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income taxes`67/77`	19,110	19,110	8,000	532	1,158	4,394	4,132	-2,408	-2,408	4,874	5,000	6,134	-2	836	4	92	403	2,403
Profit (loss) for the period`9904`	9,105	9,105	16,147	16,182	2,967	-11,381	13,658	18,072	18,072	-2,336	479	25,672	5,570	10,954	-29,315	203	696	7,600
Profit (loss) for the period to be appropriated`9905`	9,105	9,105	16,147	16,182	2,967	-11,381	13,658	18,072	18,072	-2,336	479	25,672	5,570	10,954	-29,315	203	696	7,600
Appropriation of the result
Profit (loss) to be appropriated`9906`	66,143	66,143	67,437	53,691	37,509	34,542	46,993	36,098	36,098	18,027	20,387	20,955	-4,716	-10,287	-21,241	8,084	7,916	7,600
Profit (loss) brought forward from the previous period`14P`	57,037	57,037	51,291	37,509	34,542	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to equity`691/2`	5,000	5,000	10,400	2,400	-	-	2,400	2,763	2,763	-	24	1,048	-	-	-	10	35	380
To the legal reserve`6920`	-	-	-	-	-	-	-	363	363	-	24	1,048	-	-	-	10	35	380
To other reserves`6921`	5,000	5,000	10,400	2,400	-	-	2,400	2,400	2,400	-	-	-	-	-	-	-	-	-
Social balance sheet
Average staff (FTE)`9087`	-	-	-	-	0.9	1.7	-	-	-	-	-	-	-	-	-	-	-	-
Hours worked`1013`	-	-	-	-	433	2,956	-	-	-	-	-	-	-	-	-	-	-	-
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Financial year	Type	Filed	Reference	Document
31-12-2024	micro format	30-09-2025	2025-00518774	PDF
31-12-2023	micro format	24-10-2024	2024-00514937	PDF
31-12-2022	micro format	24-10-2024	2024-00514963	PDF
31-12-2021	micro format	27-05-2024	2024-00096364	PDF
31-12-2020	abbreviated format	27-05-2024	2024-00096182	PDF
31-12-2020	micro format	31-08-2021	2021-65800563	PDF
31-12-2019	micro format	07-12-2020	2020-74800409	PDF
31-12-2018	micro format	30-08-2019	2019-57600043	PDF
31-12-2017	full format	31-08-2018	2018-59500536	PDF
31-12-2016	full format	26-09-2017	2017-63400169	PDF
31-12-2015	full format	18-08-2016	2016-43900359	PDF
31-12-2014	full format	31-08-2015	2015-53600469	PDF
31-12-2013	full format	15-10-2014	2014-64700436	PDF
31-12-2012	full format	31-08-2013	2013-57600238	PDF
31-12-2011	full format	27-09-2012	2012-58600069	PDF
31-12-2010	full format	31-08-2011	2011-50500457	PDF
31-12-2009	full format	30-08-2010	2010-47600166	PDF
31-12-2008	full format	29-08-2009	2009-71100094	PDF
31-12-2007	full format	29-08-2008	2008-70000161	PDF

Line	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007
EBITDA	48,108	48,108	43,040	49,824	12,315	-870	26,104	21,136	21,136	17,336	14,788	44,376	28,325	46,951	-4,095	29,366	21,660	14,666
Cash flow	33,824	33,824	39,664	26,209	10,466	-5,488	21,730	23,172	23,172	1,242	9,045	36,547	23,769	42,190	-2,906	23,055	19,569	12,699
Investment in fixed assets	2,361	2,361	6,633	110,505	14,854	7,350	16,077	33,787	33,787	7,093	0	3,259	4,006	41,693	33,303	32,679	54,874	24,071
Change in cash	0	-35,085	52,850	22,040	-3,317	-46,889	-17,401	0	-13,211	36,968	9,880	35,174	10,451	-1,666	-17,181	18,514	-17,003	-
Working capital	34,761	34,761	26,150	-21,926	27,590	31,978	28,134	22,480	22,480	33,095	21,663	18,931	-8,783	-24,649	-43,270	-8,514	-24,235	-3,699
EBIT margin	3.1%	3.1%	3.0%	6.6%	1.4%	-1.2%	6.1%	5.1%	5.1%	2.7%	2.3%	7.2%	3.6%	3.2%	-7.8%	1.7%	1.0%	2.5%
Solvency	25.1%	25.1%	31.5%	32.4%	34.2%	29.6%	42.3%	36.1%	36.1%	25.5%	31.0%	27.6%	10.7%	6.7%	-1.8%	18.7%	13.4%	12.0%
Current ratio	1.10	1.10	1.12	0.89	1.22	1.22	1.30	1.23	1.23	1.30	1.25	1.20	0.91	0.74	0.63	0.92	0.69	0.96
Quick ratio	1.10	1.10	1.09	0.88	1.04	1.07	1.24	1.22	1.22	1.27	1.24	1.20	0.91	0.74	0.63	0.92	0.69	0.96
Debt to equity	2.96	2.96	2.14	2.03	1.92	2.38	1.36	1.77	1.77	2.92	2.23	2.63	8.31	13.84	-	4.34	6.49	7.32
ROE	7.9%	7.9%	14.6%	16.3%	4.6%	-18.3%	19.6%	32.2%	32.2%	-6.1%	1.2%	64.2%	38.9%	125.4%	-	0.7%	4.8%	55.1%
ROA	2.0%	2.0%	4.6%	5.3%	1.6%	-5.4%	8.3%	11.6%	11.6%	-1.6%	0.4%	17.7%	4.2%	8.4%	-24.4%	0.1%	0.6%	6.6%
Interest coverage	29.34	29.34	32.12	69.00	15.63	-	-	-	-	-	-	-	-	-	-	-	-	-
Customer credit	140 days	140 days	64 days	80 days	111 days	63 days	44 days	25 days	25 days	21 days	47 days	43 days	87 days	42 days	35 days	49 days	31 days	44 days
Supplier credit	157 days	157 days	86 days	89 days	66 days	61 days	50 days	29 days	29 days	10 days	2 days	24 days	7 days	0 days	30 days	21 days	9 days	65 days

Item	31-12-2020
Average over the year, in full-time equivalents	0.9
Joined	0
Left	1

Item	2024	2023	2022	2021	2020
Tangible fixed assets	€2,361	€2,361	€6,633	€110,505	€14,854
Depreciation and write-downs of the year	€24,719	€24,719	€23,517	€10,027	€7,500

I.D.R. CONSTRUCT

Annual accounts 2024

Money flows

Balance sheet

Change in equityin euro

Change in cashin euro

Position in the sector

Solvency25.1%

Current ratio1.10

Return on assets2.0%

Staff

Staff cost per FTE

Joined and left

Filed annual accounts

Filings

Key figures and ratios

Social balance sheet

Investments

Insights on I.D.R. CONSTRUCT

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