IB CONSTRUCT
Annual accounts 2024
micro format, filed on 01-10-2025, 62 days late2025 annual accounts not yet filed, deadline passed on 31 July 2026 The financial year closed on 31 December 2025. The accounts are due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 8 November 2026.
Money flows
of every €100 of turnover, €14.61 was lost in 2024Balance sheet
balance sheet total €342,278 on 31-12-2024in euro
Position in the sector
9.2%
Higher than 14% of 35,956 companies in 2024.
1.50
Higher than 40% of 35,354 companies in 2024.
-22.1%
Higher than 8% of 35,538 companies in 2024.
Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: middle half
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
342,278 | 237,916 | 202,888 | 59,645 | 52,920 | |
21/28 |
84,425 | 3,442 | 4,921 | 6,400 | 2,738 | |
22/27 |
84,425 | 3,442 | 4,921 | 6,400 | 2,738 | |
23 |
83,305 | 1,264 | 1,685 | 2,106 | 2,106 | |
24 |
1,120 | 2,178 | 3,236 | 4,294 | 632 | |
29/58 |
257,853 | 234,474 | 197,968 | 53,246 | 50,182 | |
40/41 |
257,853 | 160,579 | 159,717 | 49,620 | 33,983 | |
40 |
255,871 | 119,633 | 126,369 | 23,325 | 8,484 | |
41 |
1,982 | 40,946 | 33,348 | 26,295 | 25,499 | |
54/58 |
- | 73,810 | 38,251 | 3,626 | 13,572 | |
490/1 |
- | 84 | - | - | 2,627 | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
342,278 | 237,916 | 202,888 | 59,645 | 52,920 | |
10/15 |
31,550 | 107,047 | 93,009 | 34,662 | 12,061 | |
10/11 |
3,000 | 3,000 | 3,000 | 3,000 | 3,000 | |
13 |
103,000 | 103,000 | 84,004 | - | - | |
130/1 |
3,000 | 3,000 | 3,000 | - | - | |
1311 |
3,000 | 3,000 | 3,000 | - | - | |
133 |
100,000 | 100,000 | 81,004 | - | - | |
14 |
-74,450 | 1,047 | 6,004 | 31,662 | 9,061 | |
17/49 |
310,728 | 130,868 | 109,880 | 24,983 | 40,859 | |
17 |
138,638 | - | - | - | 4,541 | |
170/4 |
138,638 | - | - | - | 4,541 | |
42/48 |
172,091 | 130,818 | 101,330 | 24,983 | 36,318 | |
42 |
46,223 | - | - | 5,145 | 7,845 | |
43 |
2,133 | - | - | - | - | |
430/8 |
2,133 | - | - | - | - | |
44 |
123,735 | 68,220 | 39,617 | 12,511 | 15,691 | |
440/4 |
123,735 | 68,220 | 39,617 | 12,511 | 15,691 | |
45 |
- | 41,207 | 39,743 | 4,021 | 12,782 | |
450/3 |
- | 37,381 | 39,743 | 1,395 | 4,081 | |
454/9 |
- | 3,826 | - | 2,626 | 8,701 | |
47/48 |
- | 21,392 | 21,970 | 3,306 | - | |
492/3 |
- | 50 | 8,550 | - | - | |
| Income statement | ||||||
70 |
516,797 | 532,391 | 390,098 | 216,982 | 151,972 | |
76A |
- | 1,158 | 290 | - | - | |
9900 |
-18,590 | 114,380 | 165,158 | 88,114 | 74,213 | |
60/61 |
535,387 | 419,169 | 225,230 | 128,868 | 77,760 | |
62 |
34,734 | 83,734 | 65,075 | 62,406 | 58,357 | |
630 |
10,837 | 1,479 | 1,479 | 838 | 158 | |
640/8 |
845 | 576 | 819 | 1,861 | 4,142 | |
66A |
10,492 | 1,048 | 2,072 | - | - | |
9901 |
-75,497 | 27,543 | 95,713 | 23,009 | 11,556 | |
75/76B |
- | 132 | - | - | - | |
76B |
- | 132 | - | - | - | |
65/66B |
- | 681 | 1,515 | 408 | - | |
65 |
- | 681 | 1,515 | 408 | - | |
9903 |
-75,497 | 26,994 | 94,199 | 22,601 | 11,556 | |
67/77 |
- | 6,951 | 36,385 | - | 2,495 | |
9904 |
-75,497 | 20,043 | 57,813 | 22,601 | 9,061 | |
9905 |
-75,497 | 20,043 | 57,813 | 22,601 | 9,061 | |
| Appropriation of the result | ||||||
9906 |
-74,450 | 20,043 | 84,004 | 31,662 | 9,061 | |
14P |
1,047 | - | 26,191 | 9,061 | - | |
691/2 |
- | 18,996 | 78,000 | - | - | |
6920 |
- | - | 3,000 | - | - | |
6921 |
- | 18,996 | 75,000 | - | - | |
| Document | ||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2024 (PDF), filed on 01-10-2025.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2024 | micro format | 01-10-2025 | 2025-00526415 | |
| 31-12-2023 | micro format | 14-11-2024 | 2024-00600615 | |
| 31-12-2022 | full format | 21-12-2023 | 2023-00535759 | |
| 31-12-2021 | micro format | 17-09-2022 | 2022-20432892 | |
| 31-12-2020 | micro format | 25-11-2021 | 2021-78500063 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2024 | 2023 | 2022 | 2021 | 2020 |
|---|---|---|---|---|---|---|
| -64,661 | 29,022 | 97,192 | 23,847 | 11,714 | ||
| -64,661 | 21,522 | 59,292 | 23,439 | 9,219 | ||
| 91,820 | 0 | 0 | 4,500 | 2,896 | ||
| - | 35,560 | 34,625 | -9,946 | - | ||
| 85,762 | 103,655 | 96,638 | 28,262 | 13,864 | ||
| -14.6% | 5.2% | 24.5% | 10.6% | 7.6% | ||
| 9.2% | 45.0% | 45.8% | 58.1% | 22.8% | ||
| 1.50 | 1.79 | 1.95 | 2.13 | 1.38 | ||
| 9.85 | 1.22 | 1.18 | 0.72 | 3.39 | ||
| -239.3% | 18.7% | 62.2% | 65.2% | 75.1% | ||
| -22.1% | 8.4% | 28.5% | 37.9% | 17.1% | ||
| - | 42.60 | 64.16 | 58.48 | - | ||
| 181 days | 82 days | 118 days | 39 days | 20 days | ||
| 84 days | 59 days | 64 days | 35 days | 74 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
| Tangible fixed assets | - | - | - | €4,500 |
| €10,837 | €1,479 | €1,479 | €838 |
Source: notes to the 2021 to 2024 annual accounts (statement of fixed assets)
Insights on IB CONSTRUCT
The operating result for 2024 is a loss of €75,497, after a profit of €27,543 in 2023. It is the lowest result since 2020.
Debt's share of the balance-sheet total rises from 55.0% to 90.8%. Equity is lower and debt is higher.
- 2022 Turnover +80% on 2021. The accounts now follow the full format, last year the micro format.