i9 Construct: 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.
i9 Construct
Largest movements
- Cash +€10,410
up €10,410 (+491%), from €2,122 to €12,532
mainly Other debts (+€7,589) and Depreciation (+€2,774)
- Tangible fixed assets -€2,774
down €2,774 (-76.8%), from €3,610 to €836
of which Furniture and vehicles: -€1,774
- Receivables within one year +€1,022
up €1,022 (+1.8%), from €56,666 to €57,688
of which Other amounts receivable: +€6,573
- Other debts +€7,589
up €7,589 (+771%), from €984 to €8,573
- Tax, wage and social debts +€2,056
up €2,056 (+42.8%), from €4,798 to €6,854
- Profit (loss) carried forward -€1,231
down €1,231 (-5.1%), from €24,179 to €22,948
- Gross operating margin +€24,044
up €24,044 (+842%), from €2,856 to €26,900
- Write-downs +€19,775
new in 2025: €19,775
- Taxes +€3,622
up €3,622 (+1,367%), from €265 to €3,887
- Depreciation -€1,777
down €1,777 (-39.0%), from €4,551 to €2,774
- Staff costs +€640
new in 2025: €640
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.
Derived cash bridge
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 | €62,398 | €71,055 | +€8,657 | +13.9% |
| Fixed assets | 21/28 | €3,610 | €836 | -€2,774 | -76.8% |
| Tangible fixed assets | 22/27 | €3,610 | €836 | -€2,774 | -76.8% |
| Plant, machinery and equipment | 23 | €1,836 | €836 | -€1,000 | -54.5% |
| Furniture and vehicles | 24 | €1,774 | - | -€1,774 | |
| Current assets | 29/58 | €58,788 | €70,219 | +€11,431 | +19.4% |
| Amounts receivable within one year | 40/41 | €56,666 | €57,688 | +€1,022 | +1.8% |
| Trade receivables | 40 | €54,786 | €49,235 | -€5,551 | -10.1% |
| Other amounts receivable | 41 | €1,880 | €8,453 | +€6,573 | +350% |
| Cash at bank and in hand | 54/58 | €2,122 | €12,532 | +€10,410 | +491% |
| Total equity and liabilities | 10/49 | €62,398 | €71,055 | +€8,657 | +13.9% |
| Equity | 10/15 | €28,179 | €26,948 | -€1,231 | -4.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,179 | €22,948 | -€1,231 | -5.1% |
| Amounts payable | 17/49 | €34,219 | €44,107 | +€9,888 | +28.9% |
| Amounts payable within one year | 42/48 | €34,219 | €44,107 | +€9,888 | +28.9% |
| Trade debts | 44 | €28,437 | €28,680 | +€243 | +0.9% |
| Suppliers | 440/4 | €28,437 | €28,680 | +€243 | +0.9% |
| Taxes, remuneration and social security | 45 | €4,798 | €6,854 | +€2,056 | +42.8% |
| Taxes | 450/3 | €4,798 | €6,854 | +€2,056 | +42.8% |
| Other amounts payable | 47/48 | €984 | €8,573 | +€7,589 | +771% |
| Remuneration, social security and pensions | 62 | - | €640 | +€640 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,551 | €2,774 | -€1,777 | -39.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €19,775 | +€19,775 | |
| Other operating charges | 640/8 | €487 | €298 | -€189 | -38.9% |
| Gross operating margin | 9900 | €2,856 | €26,900 | +€24,044 | +842% |
| Operating profit (loss) | 9901 | -€2,182 | €3,413 | +€5,595 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €228 | €757 | +€529 | +232% |
| Recurring financial charges | 65 | €228 | €757 | +€529 | +232% |
| Profit (loss) for the period before taxes | 9903 | -€2,410 | €2,656 | +€5,066 | |
| Income taxes | 67/77 | €265 | €3,887 | +€3,622 | +1,367% |
| Profit (loss) for the period | 9904 | -€2,675 | -€1,231 | +€1,444 | +54.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,675 | -€1,231 | +€1,444 | +54.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.