IConstruct
Annual accounts 2025
micro format, filed on 25-06-2026, 36 days before the deadlineTurnover: not included in this filing.
Balance sheet
balance sheet total €13,175 on 31-12-2025in euro
in euro
Position in the sector
-30.8%
Lower than 95% of 35,119 companies in 2025.
0.57
Higher than 8% of 34,493 companies in 2025.
-98.7%
Lower than 95% of 34,694 companies in 2025.
Net result: bottom quarter · Equity: bottom quarter · Balance sheet total: bottom quarter · Working capital: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | |||||||||||
20/58 |
13,175 | 13,158 | 16,067 | 18,288 | 12,826 | 73,622 | 59,065 | 63,579 | 39,075 | 29,946 | |
21/28 |
5,041 | 9,624 | 2,875 | 4,625 | 1,257 | 6,223 | 11,405 | 10,834 | 2,087 | 1,474 | |
22/27 |
5,041 | 9,624 | 2,875 | 4,625 | 1,257 | 6,223 | 11,405 | 10,834 | 2,087 | 1,354 | |
23 |
5,041 | 8,207 | - | - | - | 830 | 2,958 | 619 | 1,062 | 704 | |
24 |
0 | 1,417 | 2,875 | 4,625 | 1,257 | 5,393 | 8,446 | 10,214 | 1,025 | 650 | |
28 |
- | - | - | - | - | - | - | - | - | 120 | |
29/58 |
8,134 | 3,534 | 13,192 | 13,663 | 11,569 | 67,399 | 47,660 | 52,745 | 36,987 | 28,471 | |
40/41 |
4,981 | 3,528 | 11,308 | 9,543 | 1,979 | 39,376 | 33,807 | 38,178 | 23,981 | 12,169 | |
40 |
1,453 | 117 | 3,150 | 566 | - | 33,960 | 27,220 | 34,576 | 16,603 | 9,552 | |
41 |
3,528 | 3,412 | 8,158 | 8,977 | 1,979 | 5,416 | 6,586 | 3,602 | 7,377 | 2,617 | |
54/58 |
2,797 | 6 | 1,883 | 4,120 | 9,424 | 27,209 | 12,651 | 13,001 | 11,845 | 14,849 | |
490/1 |
357 | - | - | - | 166 | 814 | 1,202 | 1,566 | 1,162 | 1,454 | |
| Balance sheet: equity and liabilities | |||||||||||
10/49 |
13,175 | 13,158 | 16,067 | 18,288 | 12,826 | 73,622 | 59,065 | 63,579 | 39,075 | 29,946 | |
10/15 |
-4,055 | 8,946 | 6,136 | 14,724 | 12,474 | 14,232 | 4,726 | 12,917 | 10,391 | 8,052 | |
10/11 |
18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 12,200 | 6,200 | |
10 |
- | - | 18,600 | 18,600 | - | - | - | - | - | - | |
100 |
- | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | - | - | 6,400 | 12,400 | |
13 |
1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
130/1 |
- | - | 1,000 | 1,000 | - | - | - | - | - | - | |
130 |
- | - | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | |
133 |
1,000 | 1,000 | - | - | - | - | - | - | - | - | |
14 |
-23,655 | -10,654 | -13,464 | -4,876 | -7,126 | -5,368 | -14,874 | -6,683 | -2,809 | 852 | |
17/49 |
17,230 | 4,212 | 9,930 | 3,564 | 352 | 59,390 | 54,339 | 50,662 | 28,684 | 21,894 | |
17 |
- | - | - | - | - | 2,804 | 5,137 | 4,003 | - | - | |
170/4 |
- | - | - | - | - | 2,804 | 5,137 | 4,003 | - | - | |
42/48 |
14,344 | 4,212 | 9,930 | 3,564 | 352 | 56,586 | 49,202 | 46,658 | 28,684 | 21,893 | |
42 |
- | - | - | - | - | 2,333 | 2,270 | 5,612 | - | - | |
44 |
161 | 1,377 | 5,598 | 1,868 | 352 | 23,678 | 30,415 | 21,907 | 14,762 | 11,384 | |
440/4 |
161 | 1,377 | 5,598 | 1,868 | 352 | 23,678 | 30,415 | 21,907 | 14,762 | 11,384 | |
45 |
817 | 817 | - | - | - | 4,439 | 10,542 | 8,304 | 13,046 | 658 | |
450/3 |
817 | 817 | - | - | - | 11 | 197 | - | 3,682 | 658 | |
454/9 |
- | - | - | - | - | 4,428 | 10,346 | 8,304 | 9,363 | - | |
47/48 |
13,366 | 2,019 | 4,332 | 1,696 | - | 26,136 | 5,975 | 10,835 | 876 | 9,852 | |
492/3 |
2,886 | - | - | - | - | - | - | - | - | 0 | |
| Income statement | |||||||||||
9900 |
-5,926 | 8,895 | -6,208 | 613 | 29,313 | 54,777 | 42,888 | 24,362 | 2,785 | 4,699 | |
62 |
- | - | - | - | 27,922 | 38,927 | 45,837 | 24,085 | 4,387 | - | |
630 |
4,583 | 2,751 | 1,750 | 1,750 | 1,257 | 3,764 | 4,888 | 3,393 | 1,468 | 1,607 | |
640/8 |
2,301 | 2,396 | 478 | 1,054 | 1,406 | 688 | 688 | 688 | 688 | 688 | |
66A |
50 | - | - | - | - | 1,776 | - | - | 110 | - | |
9901 |
-12,860 | 3,748 | -8,436 | -2,191 | -1,272 | 9,622 | -8,525 | -3,804 | -3,757 | 2,404 | |
75/76B |
0 | - | - | - | 21 | 180 | 816 | 308 | 399 | 122 | |
75 |
0 | - | - | - | 21 | 180 | 816 | 308 | 399 | 122 | |
65/66B |
141 | 122 | 152 | 143 | 507 | 296 | 482 | 378 | 207 | 17 | |
65 |
141 | 122 | 152 | 143 | 507 | 296 | 482 | 378 | 207 | 17 | |
9903 |
-13,001 | 3,626 | -8,587 | -2,334 | -1,758 | 9,506 | -8,191 | -3,874 | -3,676 | 2,510 | |
67/77 |
0 | 817 | - | - | - | - | - | - | -15 | 658 | |
9904 |
-13,001 | 2,810 | -8,587 | -2,334 | -1,758 | 9,506 | -8,191 | -3,874 | -3,661 | 1,852 | |
9905 |
-13,001 | 2,810 | -8,587 | -2,334 | -1,758 | 9,506 | -8,191 | -3,874 | -3,661 | 1,852 | |
| Appropriation of the result | |||||||||||
9906 |
-23,655 | -10,654 | -13,464 | -4,876 | -7,126 | -5,368 | -14,874 | -6,683 | -2,809 | 1,852 | |
14P |
-10,654 | -13,464 | -4,876 | -2,542 | - | - | - | - | - | - | |
691/2 |
- | - | - | - | - | - | - | - | - | 1,000 | |
6920 |
- | - | - | - | - | - | - | - | - | 1,000 | |
| Social balance sheet | |||||||||||
9087 |
- | - | - | - | 1 | 1 | 1.9 | 1 | 1 | - | |
Hours worked1013 |
- | - | - | - | - | - | 2,303 | 1,338 | 268 | - | |
| Document | |||||||||||
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 25-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 25-06-2026 | 2026-00202656 | |
| 31-12-2024 | micro format | 29-08-2025 | 2025-00429634 | |
| 31-12-2023 | micro format | 12-11-2024 | 2024-00533163 | |
| 31-12-2022 | micro format | 31-10-2023 | 2023-00502044 | |
| 31-12-2019 | full format | 17-01-2020 | 2020-01600412 | |
| 31-12-2018 | full format | 11-06-2019 | 2019-17600334 | |
| 31-12-2017 | full format | 19-06-2018 | 2018-20600128 | |
| 31-12-2016 | full format | 15-06-2017 | 2017-18500031 | |
| 31-12-2015 | full format | 14-06-2016 | 2016-17900498 | |
| 31-12-2014 | full format | 15-06-2015 | 2015-17800231 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| -8,277 | 6,499 | -6,686 | -441 | -15 | 13,387 | -3,637 | -410 | -2,289 | 4,011 | ||
| -8,418 | 5,561 | -6,837 | -584 | -501 | 13,271 | -3,303 | -481 | -2,193 | 3,459 | ||
| 0 | 9,500 | 0 | - | 5,031 | 359 | 5,460 | 12,839 | 2,202 | 1,975 | ||
| 2,791 | -1,878 | -2,237 | - | -17,784 | 14,558 | -349 | 1,156 | -3,004 | - | ||
| -6,210 | -678 | 3,261 | 10,099 | 11,217 | 10,813 | -1,541 | 6,087 | 8,304 | 6,578 | ||
| -30.8% | 68.0% | 38.2% | 80.5% | 97.3% | 19.3% | 8.0% | 20.3% | 26.6% | 26.9% | ||
| 0.57 | 0.84 | 1.33 | 3.83 | 32.89 | 1.19 | 0.97 | 1.13 | 1.29 | 1.30 | ||
| - | 0.47 | 1.62 | 0.24 | 0.03 | 4.17 | 11.50 | 3.92 | 2.76 | 2.72 | ||
| - | 31.4% | -139.9% | -15.9% | -14.1% | 66.8% | -173.3% | -30.0% | -35.2% | 23.0% | ||
| -98.7% | 21.4% | -53.4% | -12.8% | -13.7% | 12.9% | -13.9% | -6.1% | -9.4% | 6.2% | ||
| -58.54 | 53.20 | -44.07 | -3.08 | - | - | - | - | - | - |
EBIT margin: not included in this filing.
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
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 | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €9,500 | - | - |
| €4,583 | €2,751 | €1,750 | €1,750 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on IConstruct
The operating result for 2025 is a loss of €12,860, after a profit of €3,748 in 2024. It is the lowest result since 2014.
Equity is negative. Debt (€17,230) exceeds the balance-sheet total (€13,175).