IBN 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.
IBN CONSTRUCT
Largest movements
- Receivables within one year -€44,224
down €44,224 (-39.6%), from €111,716 to €67,492
of which Trade receivables: -€74,818
- Cash -€22,250
down €22,250 (-85.3%), from €26,078 to €3,828
mainly Net result for the year (-€57,299) and Tax, wage and social debts (-€11,826)
- Tangible fixed assets -€7,371
down €7,371 (-55.8%), from €13,205 to €5,834
of which Furniture and vehicles: -€5,518
- Deferred charges and accrued income +€1,596
up €1,596 (+235%), from €680 to €2,276
- Profit (loss) carried forward -€57,299
down €57,299, from €46,137 to -€11,162
- Tax, wage and social debts -€11,826
down €11,826 (-48.4%), from €24,427 to €12,601
- Other debts -€3,349
no longer reported in 2024 (was €3,349)
- Trade debts +€2,706
up €2,706 (+5.4%), from €49,675 to €52,381
- Current portion of long-term debt -€2,481
no longer reported in 2024 (was €2,481)
- Gross operating margin -€84,209
down €84,209, from €35,989 to -€48,220
- Taxes -€4,754
down €4,754, from €4,229 to -€525
- Other operating charges -€1,191
down €1,191 (-46.3%), from €2,571 to €1,380
- Financial charges -€496
down €496 (-25.8%), from €1,919 to €1,423
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,479 | €80,230 | -€72,249 | -47.4% |
| Fixed assets | 21/28 | €14,005 | €6,634 | -€7,371 | -52.6% |
| Tangible fixed assets | 22/27 | €13,205 | €5,834 | -€7,371 | -55.8% |
| Furniture and vehicles | 24 | €7,260 | €1,742 | -€5,518 | -76.0% |
| Leasing and similar rights | 25 | €5,945 | €4,092 | -€1,853 | -31.2% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €138,474 | €73,596 | -€64,878 | -46.9% |
| Amounts receivable within one year | 40/41 | €111,716 | €67,492 | -€44,224 | -39.6% |
| Trade receivables | 40 | €108,216 | €33,398 | -€74,818 | -69.1% |
| Other amounts receivable | 41 | €3,500 | €34,094 | +€30,594 | +874% |
| Cash at bank and in hand | 54/58 | €26,078 | €3,828 | -€22,250 | -85.3% |
| Deferred charges and accrued income | 490/1 | €680 | €2,276 | +€1,596 | +235% |
| Total equity and liabilities | 10/49 | €152,479 | €80,230 | -€72,249 | -47.4% |
| Equity | 10/15 | €51,137 | -€6,162 | -€57,299 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,137 | -€11,162 | -€57,299 | |
| Amounts payable | 17/49 | €101,342 | €86,392 | -€14,950 | -14.8% |
| Amounts payable after more than one year | 17 | €21,410 | €21,410 | = | 0.0% |
| Financial debts | 170/4 | €21,410 | €21,410 | = | 0.0% |
| Amounts payable within one year | 42/48 | €79,932 | €64,982 | -€14,950 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €2,481 | - | -€2,481 | |
| Trade debts | 44 | €49,675 | €52,381 | +€2,706 | +5.4% |
| Suppliers | 440/4 | €49,675 | €52,381 | +€2,706 | +5.4% |
| Taxes, remuneration and social security | 45 | €24,427 | €12,601 | -€11,826 | -48.4% |
| Taxes | 450/3 | €24,427 | €12,601 | -€11,826 | -48.4% |
| Other amounts payable | 47/48 | €3,349 | - | -€3,349 | |
| Non-recurring operating income | 76A | - | €3,483 | +€3,483 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,442 | €7,371 | -€71 | -1.0% |
| Other operating charges | 640/8 | €2,571 | €1,380 | -€1,191 | -46.3% |
| Non-recurring operating charges | 66A | €7,180 | - | -€7,180 | |
| Gross operating margin | 9900 | €35,989 | -€48,220 | -€84,209 | |
| Operating profit (loss) | 9901 | €18,796 | -€56,971 | -€75,767 | |
| Financial income | 75/76B | €571 | €570 | -€1 | -0.2% |
| Recurring financial income | 75 | €571 | €570 | -€1 | -0.2% |
| Financial charges | 65/66B | €1,919 | €1,423 | -€496 | -25.8% |
| Recurring financial charges | 65 | €1,919 | €1,423 | -€496 | -25.8% |
| Profit (loss) for the period before taxes | 9903 | €17,448 | -€57,824 | -€75,272 | |
| Income taxes | 67/77 | €4,229 | -€525 | -€4,754 | |
| Profit (loss) for the period | 9904 | €13,219 | -€57,299 | -€70,518 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,219 | -€57,299 | -€70,518 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.