I&P CONSTRUCTIONS: what changed
Two fiscal 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.
I&P CONSTRUCTIONS
Largest movements
- Stocks and contracts -€219,468
down €219,468 (-32.8%), from €668,195 to €448,727
of which Contracts in progress: -€321,719
- Receivables after one year +€45,000
new in 2025: €45,000
- Debts after one year -€420,673
down €420,673 (-93.2%), from €451,276 to €30,603
- Other debts +€238,820
up €238,820 (+97.0%), from €246,283 to €485,103
- Trade debts +€24,852
up €24,852 (+6.7%), from €369,883 to €394,735
- Profit (loss) carried forward -€12,328
down €12,328 (-29.2%), from -€42,260 to -€54,588
- Financial income +€8,149
up €8,149 (+109.1%), from €7,466 to €15,616
- Financial charges +€5,342
up €5,342 (+1293.6%), from €413 to €5,755
- Gross operating margin +€2,915
up €2,915 (+18.1%), from -€16,107 to -€13,191
- Other operating charges +€323
up €323 (+27.0%), from €1,196 to €1,519
- Taxes -€205
no longer reported in 2025 (was €205)
From the 2024 result to the 2025 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.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,087,707 | €918,203 | -€169,504 | -15.6% |
| Fixed assets | 21/28 | €58,105 | €56,406 | -€1,699 | -2.9% |
| Tangible fixed assets | 22/27 | €58,105 | €56,406 | -€1,699 | -2.9% |
| Furniture and vehicles | 24 | €25,506 | €18,029 | -€7,478 | -29.3% |
| Other tangible fixed assets | 26 | €32,599 | €38,377 | +€5,779 | +17.7% |
| Current assets | 29/58 | €1,029,602 | €861,797 | -€167,805 | -16.3% |
| Amounts receivable after more than one year | 29 | - | €45,000 | +€45,000 | |
| Other amounts receivable | 291 | - | €45,000 | +€45,000 | |
| Stocks and contracts in progress | 3 | €668,195 | €448,727 | -€219,468 | -32.8% |
| Stocks | 30/36 | - | €102,251 | +€102,251 | |
| Contracts in progress | 37 | €668,195 | €346,476 | -€321,719 | -48.1% |
| Amounts receivable within one year | 40/41 | €298,326 | €303,976 | +€5,650 | +1.9% |
| Trade receivables | 40 | €9,988 | €8,778 | -€1,210 | -12.1% |
| Other amounts receivable | 41 | €288,339 | €295,199 | +€6,860 | +2.4% |
| Cash at bank and in hand | 54/58 | €50,918 | €44,574 | -€6,343 | -12.5% |
| Deferred charges and accrued income | 490/1 | €12,163 | €19,520 | +€7,357 | +60.5% |
| Total equity and liabilities | 10/49 | €1,087,707 | €918,203 | -€169,504 | -15.6% |
| Equity | 10/15 | €20,090 | €7,762 | -€12,328 | -61.4% |
| Contributions | 10/11 | €62,350 | €62,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,260 | -€54,588 | -€12,328 | -29.2% |
| Amounts payable | 17/49 | €1,067,617 | €910,441 | -€157,176 | -14.7% |
| Amounts payable after more than one year | 17 | €451,276 | €30,603 | -€420,673 | -93.2% |
| Financial debts | 170/4 | €451,276 | €30,603 | -€420,673 | -93.2% |
| Amounts payable within one year | 42/48 | €616,340 | €879,838 | +€263,498 | +42.8% |
| Trade debts | 44 | €369,883 | €394,735 | +€24,852 | +6.7% |
| Suppliers | 440/4 | €369,883 | €394,735 | +€24,852 | +6.7% |
| Taxes, remuneration and social security | 45 | €174 | - | -€174 | |
| Taxes | 450/3 | €174 | - | -€174 | |
| Other amounts payable | 47/48 | €246,283 | €485,103 | +€238,820 | +97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,478 | €7,478 | = | 0.0% |
| Other operating charges | 640/8 | €1,196 | €1,519 | +€323 | +27.0% |
| Gross operating margin | 9900 | -€16,107 | -€13,191 | +€2,915 | +18.1% |
| Operating profit (loss) | 9901 | -€24,781 | -€22,188 | +€2,592 | +10.5% |
| Financial income | 75/76B | €7,466 | €15,616 | +€8,149 | +109.1% |
| Recurring financial income | 75 | €7,466 | €15,616 | +€8,149 | +109.1% |
| Financial charges | 65/66B | €413 | €5,755 | +€5,342 | +1293.6% |
| Recurring financial charges | 65 | €413 | €5,755 | +€5,342 | +1293.6% |
| Profit (loss) for the period before taxes | 9903 | -€17,727 | -€12,328 | +€5,400 | +30.5% |
| Income taxes | 67/77 | €205 | - | -€205 | |
| Profit (loss) for the period | 9904 | -€17,933 | -€12,328 | +€5,605 | +31.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,933 | -€12,328 | +€5,605 | +31.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.