I.G. BUILD SERVICES: what changed
I.G. BUILD SERVICES
Largest movements
- Cash -€27,687
down €27,687 (-58.9%), from €47,027 to €19,340
mainly Other debts (-€17,031) and Net result for the year (-€16,617)
- Tangible fixed assets -€15,178
down €15,178 (-21.6%), from €70,307 to €55,129
of which Furniture and vehicles: -€14,110
- Formation expenses -€4,580
no longer reported in 2025 (was €4,580)
- Other debts -€17,031
down €17,031 (-55.4%), from €30,743 to €13,712
- Profit (loss) carried forward -€16,617
down €16,617 (-29.6%), from €56,208 to €39,592
- Debts after one year -€7,391
down €7,391 (-34.0%), from €21,751 to €14,360
- Tax, wage and social debts -€5,516
down €5,516 (-69.3%), from €7,957 to €2,441
of which Taxes: -€7,957
- Trade debts -€2,898
down €2,898 (-5.2%), from €55,358 to €52,460
- Depreciation +€11,362
up €11,362 (+135%), from €8,396 to €19,758
- Gross operating margin -€4,173
down €4,173 (-41.3%), from €10,105 to €5,932
- Financial income -€1,796
down €1,796 (-99.2%), from €1,812 to €15
- Financial charges +€714
up €714 (+81.2%), from €879 to €1,592
- Other operating charges +€275
up €275 (+29.3%), from €939 to €1,214
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,312 | €136,156 | -€49,156 | -26.5% |
| Formation expenses | 20 | €4,580 | - | -€4,580 | |
| Fixed assets | 21/28 | €70,307 | €55,129 | -€15,178 | -21.6% |
| Tangible fixed assets | 22/27 | €70,307 | €55,129 | -€15,178 | -21.6% |
| Plant, machinery and equipment | 23 | €2,456 | €1,388 | -€1,068 | -43.5% |
| Furniture and vehicles | 24 | €67,851 | €53,741 | -€14,110 | -20.8% |
| Current assets | 29/58 | €110,425 | €81,027 | -€29,398 | -26.6% |
| Amounts receivable within one year | 40/41 | €60,530 | €58,915 | -€1,615 | -2.7% |
| Trade receivables | 40 | €57,368 | €58,259 | +€891 | +1.6% |
| Other amounts receivable | 41 | €3,162 | €656 | -€2,506 | -79.2% |
| Cash at bank and in hand | 54/58 | €47,027 | €19,340 | -€27,687 | -58.9% |
| Deferred charges and accrued income | 490/1 | €2,868 | €2,771 | -€96 | -3.4% |
| Total equity and liabilities | 10/49 | €185,312 | €136,156 | -€49,156 | -26.5% |
| Equity | 10/15 | €62,408 | €45,792 | -€16,617 | -26.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,208 | €39,592 | -€16,617 | -29.6% |
| Amounts payable | 17/49 | €122,904 | €90,364 | -€32,540 | -26.5% |
| Amounts payable after more than one year | 17 | €21,751 | €14,360 | -€7,391 | -34.0% |
| Financial debts | 170/4 | €21,751 | €14,360 | -€7,391 | -34.0% |
| Amounts payable within one year | 42/48 | €101,153 | €76,004 | -€25,149 | -24.9% |
| Current portion of amounts payable after more than one year | 42 | €7,095 | €7,391 | +€296 | +4.2% |
| Trade debts | 44 | €55,358 | €52,460 | -€2,898 | -5.2% |
| Suppliers | 440/4 | €55,358 | €52,460 | -€2,898 | -5.2% |
| Taxes, remuneration and social security | 45 | €7,957 | €2,441 | -€5,516 | -69.3% |
| Taxes | 450/3 | €7,957 | - | -€7,957 | |
| Remuneration and social security | 454/9 | - | €2,441 | +€2,441 | |
| Other amounts payable | 47/48 | €30,743 | €13,712 | -€17,031 | -55.4% |
| Non-recurring operating income | 76A | €1,736 | - | -€1,736 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,396 | €19,758 | +€11,362 | +135% |
| Other operating charges | 640/8 | €939 | €1,214 | +€275 | +29.3% |
| Gross operating margin | 9900 | €10,105 | €5,932 | -€4,173 | -41.3% |
| Operating profit (loss) | 9901 | €770 | -€15,039 | -€15,810 | |
| Financial income | 75/76B | €1,812 | €15 | -€1,796 | -99.2% |
| Recurring financial income | 75 | €1,812 | €15 | -€1,796 | -99.2% |
| Financial charges | 65/66B | €879 | €1,592 | +€714 | +81.2% |
| Recurring financial charges | 65 | €879 | €1,592 | +€714 | +81.2% |
| Profit (loss) for the period before taxes | 9903 | €1,703 | -€16,617 | -€18,320 | |
| Profit (loss) for the period | 9904 | €1,703 | -€16,617 | -€18,320 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,703 | -€16,617 | -€18,320 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.