I&S Construct & Co: 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&S Construct & Co
Largest movements
- Stocks and contracts +€881,916
up €881,916 (+12.2%), from €7.3m to €8.1m
- Receivables within one year -€701,182
down €701,182 (-89.4%), from €784,178 to €82,995
- Receivables after one year -€267,000
no longer reported in 2025 (was €267,000)
- Trade debts -€4.2m
down €4.2m (-84.2%), from €5.0m to €793,246
- Debts after one year +€1.6m
up €1.6m (+124.9%), from €1.3m to €2.9m
- Other debts +€1.5m
up €1.5m (+6417.4%), from €23,560 to €1.5m
- Accrued charges and deferred income +€775,166
up €775,166 (+162.3%), from €477,709 to €1.3m
- Profit (loss) carried forward +€318,555
up €318,555 (+20.2%), from €1.6m to €1.9m
- Gross operating margin +€249,251
up €249,251 (+30.3%), from €822,138 to €1.1m
- Staff costs +€123,922
up €123,922 (+32.0%), from €387,448 to €511,371
- Financial charges -€57,238
down €57,238 (-55.5%), from €103,061 to €45,822
- Taxes +€47,005
up €47,005 (+57.2%), from €82,148 to €129,153
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 | €8,664,998 | €8,488,978 | -€176,019 | -2.0% |
| Fixed assets | 21/28 | €59,762 | €5,868 | -€53,894 | -90.2% |
| Tangible fixed assets | 22/27 | €58,247 | €4,032 | -€54,215 | -93.1% |
| Land and buildings | 22 | €5,762 | - | -€5,762 | |
| Plant, machinery and equipment | 23 | €52,485 | €4,032 | -€48,453 | -92.3% |
| Financial fixed assets | 28 | €1,515 | €1,836 | +€321 | +21.2% |
| Current assets | 29/58 | €8,605,235 | €8,483,110 | -€122,125 | -1.4% |
| Amounts receivable after more than one year | 29 | €267,000 | - | -€267,000 | |
| Other amounts receivable | 291 | €267,000 | - | -€267,000 | |
| Stocks and contracts in progress | 3 | €7,253,870 | €8,135,785 | +€881,916 | +12.2% |
| Stocks | 30/36 | €7,253,870 | €8,135,785 | +€881,916 | +12.2% |
| Amounts receivable within one year | 40/41 | €784,178 | €82,995 | -€701,182 | -89.4% |
| Trade receivables | 40 | €784,178 | €82,995 | -€701,182 | -89.4% |
| Cash at bank and in hand | 54/58 | €292,711 | €261,369 | -€31,342 | -10.7% |
| Deferred charges and accrued income | 490/1 | €7,477 | €2,961 | -€4,516 | -60.4% |
| Total equity and liabilities | 10/49 | €8,664,998 | €8,488,978 | -€176,019 | -2.0% |
| Equity | 10/15 | €1,595,467 | €1,914,022 | +€318,555 | +20.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,573,467 | €1,892,022 | +€318,555 | +20.2% |
| Amounts payable | 17/49 | €7,069,531 | €6,574,957 | -€494,574 | -7.0% |
| Amounts payable after more than one year | 17 | €1,288,524 | €2,897,278 | +€1.6m | +124.9% |
| Other amounts payable | 178/9 | €1,288,524 | €2,897,278 | +€1.6m | +124.9% |
| Amounts payable within one year | 42/48 | €5,303,298 | €2,424,804 | -€2.9m | -54.3% |
| Trade debts | 44 | €5,011,445 | €793,246 | -€4.2m | -84.2% |
| Suppliers | 440/4 | €5,011,445 | €793,246 | -€4.2m | -84.2% |
| Taxes, remuneration and social security | 45 | €268,293 | €96,073 | -€172,220 | -64.2% |
| Taxes | 450/3 | €201,488 | €17,024 | -€184,464 | -91.6% |
| Remuneration and social security | 454/9 | €66,805 | €79,049 | +€12,244 | +18.3% |
| Other amounts payable | 47/48 | €23,560 | €1,535,486 | +€1.5m | +6417.4% |
| Accrued charges and deferred income | 492/3 | €477,709 | €1,252,875 | +€775,166 | +162.3% |
| Remuneration, social security and pensions | 62 | €387,448 | €511,371 | +€123,922 | +32.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,925 | €48,453 | -€2,472 | -4.9% |
| Other operating charges | 640/8 | €1,477 | €3,429 | +€1,951 | +132.1% |
| Non-recurring operating charges | 66A | - | €5,762 | +€5,762 | |
| Gross operating margin | 9900 | €822,138 | €1,071,389 | +€249,251 | +30.3% |
| Operating profit (loss) | 9901 | €382,286 | €502,375 | +€120,088 | +31.4% |
| Financial income | 75/76B | €28,805 | €23,564 | -€5,241 | -18.2% |
| Recurring financial income | 75 | €28,805 | €23,564 | -€5,241 | -18.2% |
| Financial charges | 65/66B | €103,061 | €45,822 | -€57,238 | -55.5% |
| Recurring financial charges | 65 | €103,061 | €45,822 | -€57,238 | -55.5% |
| Profit (loss) for the period before taxes | 9903 | €308,030 | €480,116 | +€172,086 | +55.9% |
| Income taxes | 67/77 | €82,148 | €129,153 | +€47,005 | +57.2% |
| Profit (loss) for the period | 9904 | €225,882 | €350,963 | +€125,081 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | €225,882 | €350,963 | +€125,081 | +55.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.