GRUP-IVACONSTRUCT.BE: what changed
Two financial 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.
GRUP-IVACONSTRUCT.BE
Largest movements
- Receivables within one year +€130,103
up €130,103 (+96.8%), from €134,338 to €264,440
of which Other amounts receivable: +€66,943
- Tangible fixed assets -€5,667
down €5,667 (-58.7%), from €9,651 to €3,985
of which Leasing and similar rights: -€4,056
- Profit (loss) carried forward +€91,315
up €91,315 (+100%), from €91,209 to €182,524
- Tax, wage and social debts +€21,963
up €21,963 (+63.8%), from €34,417 to €56,380
- Trade debts +€11,851
up €11,851 (+165%), from €7,192 to €19,043
- Advances received +€10,000
new in 2023: €10,000
- Current portion of long-term debt -€5,159
down €5,159 (-53.8%), from €9,588 to €4,428
- Gross operating margin +€80,269
up €80,269 (+129%), from €62,394 to €142,663
- Taxes +€22,214
up €22,214 (+130%), from €17,083 to €39,297
- Depreciation -€10,887
down €10,887 (-65.8%), from €16,553 to €5,667
- Other operating charges -€7,150
down €7,150 (-72.4%), from €9,881 to €2,731
- Financial income +€2,767
up €2,767 (+46.0%), from €6,019 to €8,786
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,935 | €273,496 | +€125,561 | +84.9% |
| Fixed assets | 21/28 | €9,651 | €3,985 | -€5,667 | -58.7% |
| Tangible fixed assets | 22/27 | €9,651 | €3,985 | -€5,667 | -58.7% |
| Furniture and vehicles | 24 | €1,805 | €194 | -€1,611 | -89.3% |
| Leasing and similar rights | 25 | €7,847 | €3,791 | -€4,056 | -51.7% |
| Current assets | 29/58 | €138,283 | €269,512 | +€131,228 | +94.9% |
| Amounts receivable within one year | 40/41 | €134,338 | €264,440 | +€130,103 | +96.8% |
| Trade receivables | 40 | €27,917 | €91,077 | +€63,160 | +226% |
| Other amounts receivable | 41 | €106,421 | €173,363 | +€66,943 | +62.9% |
| Cash at bank and in hand | 54/58 | €1,397 | €2,120 | +€723 | +51.7% |
| Deferred charges and accrued income | 490/1 | €2,549 | €2,951 | +€403 | +15.8% |
| Total equity and liabilities | 10/49 | €147,935 | €273,496 | +€125,561 | +84.9% |
| Equity | 10/15 | €92,309 | €183,624 | +€91,315 | +98.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,209 | €182,524 | +€91,315 | +100% |
| Amounts payable | 17/49 | €55,625 | €89,872 | +€34,247 | +61.6% |
| Amounts payable after more than one year | 17 | €4,428 | - | -€4,428 | |
| Financial debts | 170/4 | €4,428 | - | -€4,428 | |
| Amounts payable within one year | 42/48 | €51,197 | €89,872 | +€38,675 | +75.5% |
| Current portion of amounts payable after more than one year | 42 | €9,588 | €4,428 | -€5,159 | -53.8% |
| Trade debts | 44 | €7,192 | €19,043 | +€11,851 | +165% |
| Suppliers | 440/4 | €7,192 | €19,043 | +€11,851 | +165% |
| Advances received on contracts in progress | 46 | - | €10,000 | +€10,000 | |
| Taxes, remuneration and social security | 45 | €34,417 | €56,380 | +€21,963 | +63.8% |
| Taxes | 450/3 | €34,417 | €56,380 | +€21,963 | +63.8% |
| Other amounts payable | 47/48 | - | €21 | +€21 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,553 | €5,667 | -€10,887 | -65.8% |
| Other operating charges | 640/8 | €9,881 | €2,731 | -€7,150 | -72.4% |
| Non-recurring operating charges | 66A | €235 | - | -€235 | |
| Gross operating margin | 9900 | €62,394 | €142,663 | +€80,269 | +129% |
| Operating profit (loss) | 9901 | €35,725 | €134,265 | +€98,540 | +276% |
| Financial income | 75/76B | €6,019 | €8,786 | +€2,767 | +46.0% |
| Recurring financial income | 75 | €6,019 | €8,786 | +€2,767 | +46.0% |
| Financial charges | 65/66B | €15,134 | €12,439 | -€2,695 | -17.8% |
| Recurring financial charges | 65 | €15,134 | €12,439 | -€2,695 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €26,610 | €130,611 | +€104,001 | +391% |
| Income taxes | 67/77 | €17,083 | €39,297 | +€22,214 | +130% |
| Profit (loss) for the period | 9904 | €9,527 | €91,315 | +€81,787 | +858% |
| Profit (loss) for the period to be appropriated | 9905 | €9,527 | €91,315 | +€81,787 | +858% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.