I.S.P. CONSTRUCT: 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.P. CONSTRUCT
Largest movements
- Receivables within one year +€43,989
up €43,989 (+47.8%), from €91,992 to €135,982
of which Other amounts receivable: +€128,364
- Tangible fixed assets +€4,667
up €4,667 (+95.9%), from €4,867 to €9,534
- Profit (loss) carried forward +€48,786
up €48,786 (+70.7%), from €69,000 to €117,786
- Turnover -€65,576
no longer reported in 2023 (was €65,576)
- Depreciation +€4,767
up €4,767 (+195.9%), from €2,433 to €7,200
- Gross operating margin +€3,932
up €3,932 (+14.1%), from €27,875 to €31,807
- Other operating charges +€1,465
new in 2023: €1,465
- Taxes +€1,025
up €1,025 (+15.1%), from €6,783 to €7,808
From the 2021 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.
Cash bridge derived
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,093 | €147,012 | +€49,918 | +51.4% |
| Fixed assets | 21/28 | €4,867 | €9,534 | +€4,667 | +95.9% |
| Tangible fixed assets | 22/27 | €4,867 | €9,534 | +€4,667 | +95.9% |
| Furniture and vehicles | 24 | - | €9,534 | +€9,534 | |
| Current assets | 29/58 | €92,226 | €137,478 | +€45,251 | +49.1% |
| Amounts receivable within one year | 40/41 | €91,992 | €135,982 | +€43,989 | +47.8% |
| Trade receivables | 40 | - | €7,617 | +€7,617 | |
| Other amounts receivable | 41 | - | €128,364 | +€128,364 | |
| Cash at bank and in hand | 54/58 | €234 | €1,496 | +€1,262 | +538.9% |
| Total equity and liabilities | 10/49 | €97,093 | €147,012 | +€49,918 | +51.4% |
| Equity | 10/15 | €69,001 | €117,787 | +€48,786 | +70.7% |
| Contributions | 10/11 | - | €1 | +€1 | |
| Profit (loss) carried forward | 14 | €69,000 | €117,786 | +€48,786 | +70.7% |
| Amounts payable | 17/49 | €28,092 | €29,224 | +€1,132 | +4.0% |
| Amounts payable within one year | 42/48 | €28,092 | €29,224 | +€1,132 | +4.0% |
| Trade debts | 44 | €9,041 | €3,956 | -€5,085 | -56.2% |
| Suppliers | 440/4 | - | €1,378 | +€1,378 | |
| Bills of exchange payable | 441 | - | €2,578 | +€2,578 | |
| Taxes, remuneration and social security | 45 | - | €25,268 | +€25,268 | |
| Taxes | 450/3 | - | €25,268 | +€25,268 | |
| Turnover | 70 | €65,576 | - | -€65,576 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,433 | €7,200 | +€4,767 | +195.9% |
| Other operating charges | 640/8 | - | €1,465 | +€1,465 | |
| Gross operating margin | 9900 | €27,875 | €31,807 | +€3,932 | +14.1% |
| Operating profit (loss) | 9901 | €25,108 | €23,142 | -€1,966 | -7.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | -€0 | -80.0% |
| Financial charges | 65/66B | - | €236 | +€236 | |
| Recurring financial charges | 65 | €189 | €236 | +€48 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €24,919 | €22,906 | -€2,014 | -8.1% |
| Income taxes | 67/77 | €6,783 | €7,808 | +€1,025 | +15.1% |
| Profit (loss) for the period | 9904 | €18,136 | €15,097 | -€3,039 | -16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,136 | €15,097 | -€3,039 | -16.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.