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ID 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.

What changed

ID Construct & co

BE 0568.952.510
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€1,147
2024 · €919-€2,066
Equity
€9,756
2024 · €10,903-€1,147
Cash
€4,345
2024 · €8,439-€4,094
Balance sheet total
€46,449
2024 · €59,622-€13,173

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€11,199

    down €11,199 (-86.6%), from €12,931 to €1,732

    of which Other amounts receivable: -€9,245

  • Deferred charges and accrued income +€8,880

    up €8,880 (+5381.8%), from €165 to €9,045

  • Tangible fixed assets -€6,760

    down €6,760 (-19.3%), from €35,012 to €28,252

    of which Furniture and vehicles: -€6,561

  • Cash -€4,094

    down €4,094 (-48.5%), from €8,439 to €4,345

    mainly Debts after one year (-€17,647) and Deferred charges and accrued income (-€8,880)

Equity and liabilities
  • Debts after one year -€17,647

    down €17,647 (-53.0%), from €33,286 to €15,639

  • Trade debts +€6,954

    up €6,954 (+559.9%), from €1,242 to €8,196

  • Tax, wage and social debts -€1,838

    down €1,838 (-76.0%), from €2,418 to €580

    of which Remuneration and social security: -€2,143

  • Profit (loss) carried forward -€1,147

    down €1,147 (-28.6%), from €4,012 to €2,865

  • Current portion of long-term debt +€1,031

    up €1,031 (+10.9%), from €9,458 to €10,489

Income statement
  • Staff costs +€30,242

    up €30,242 (+62.0%), from €48,765 to €79,007

  • Gross operating margin +€29,707

    up €29,707 (+49.3%), from €60,198 to €89,905

  • Financial charges +€3,301

    up €3,301 (+805.1%), from €410 to €3,711

    of which Financial charges: +€2,276

  • Depreciation -€2,360

    down €2,360 (-24.3%), from €9,729 to €7,369

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €919
Gross operating margin +€29,707
Staff costs -€30,242
Depreciation +€2,360
Other operating charges -€187
Financial income +€21
Financial charges -€3,301
Taxes -€424
Result 2025 -€1,147

Cash bridge derived

cash 2024 to 2025

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.

From operations +€13,131
Investment -€609
Financing -€16,616
Cash 2024 €8,439
Net result for the year -€1,147
Depreciation +€7,369
Receivables within one year +€11,199
Deferred charges and accrued income -€8,880
Trade debts +€6,954
Tax, wage and social debts -€1,838
Advances received -€750
Other debts -€416
Accrued charges and deferred income +€640
Investment in fixed assets (net) -€609
Debts after one year -€17,647
Current portion of long-term debt +€1,031
Cash 2025 €4,345
Every line side by side 50 lines
Line Code 2024 2025 Change %
Total assets 20/58 €59,622 €46,449 -€13,173 -22.1%
Fixed assets 21/28 €35,337 €28,577 -€6,760 -19.1%
Tangible fixed assets 22/27 €35,012 €28,252 -€6,760 -19.3%
Plant, machinery and equipment 23 €1,116 €917 -€199 -17.8%
Furniture and vehicles 24 €33,896 €27,335 -€6,561 -19.4%
Financial fixed assets 28 €325 €325 = 0.0%
Current assets 29/58 €24,285 €17,872 -€6,413 -26.4%
Stocks and contracts in progress 3 €2,750 €2,750 = 0.0%
Stocks 30/36 €2,750 €2,750 = 0.0%
Amounts receivable within one year 40/41 €12,931 €1,732 -€11,199 -86.6%
Trade receivables 40 €2,458 €504 -€1,954 -79.5%
Other amounts receivable 41 €10,473 €1,228 -€9,245 -88.3%
Cash at bank and in hand 54/58 €8,439 €4,345 -€4,094 -48.5%
Deferred charges and accrued income 490/1 €165 €9,045 +€8,880 +5381.8%
Total equity and liabilities 10/49 €59,622 €46,449 -€13,173 -22.1%
Equity 10/15 €10,903 €9,756 -€1,147 -10.5%
Contributions 10/11 €6,200 €6,200 = 0.0%
Reserves 13 €691 €691 = 0.0%
Non-distributable reserves 130/1 - €691 +€691
Reserves not available under the articles 1311 - €691 +€691
Distributable reserves 133 €691 - -€691
Profit (loss) carried forward 14 €4,012 €2,865 -€1,147 -28.6%
Amounts payable 17/49 €48,719 €36,693 -€12,026 -24.7%
Amounts payable after more than one year 17 €33,286 €15,639 -€17,647 -53.0%
Financial debts 170/4 €33,286 €15,639 -€17,647 -53.0%
Amounts payable within one year 42/48 €15,433 €20,414 +€4,981 +32.3%
Current portion of amounts payable after more than one year 42 €9,458 €10,489 +€1,031 +10.9%
Trade debts 44 €1,242 €8,196 +€6,954 +559.9%
Suppliers 440/4 €1,242 €8,196 +€6,954 +559.9%
Advances received on contracts in progress 46 €750 - -€750
Taxes, remuneration and social security 45 €2,418 €580 -€1,838 -76.0%
Taxes 450/3 €275 €580 +€305 +110.9%
Remuneration and social security 454/9 €2,143 - -€2,143
Other amounts payable 47/48 €1,565 €1,149 -€416 -26.6%
Accrued charges and deferred income 492/3 - €640 +€640
Non-recurring operating income 76A - €1,372 +€1,372
Remuneration, social security and pensions 62 €48,765 €79,007 +€30,242 +62.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €9,729 €7,369 -€2,360 -24.3%
Other operating charges 640/8 €376 €563 +€187 +49.7%
Gross operating margin 9900 €60,198 €89,905 +€29,707 +49.3%
Operating profit (loss) 9901 €1,328 €2,966 +€1,638 +123.3%
Financial income 75/76B €1 €22 +€21 +2100.0%
Recurring financial income 75 €1 €22 +€21 +2100.0%
Financial charges 65/66B €410 €3,711 +€3,301 +805.1%
Recurring financial charges 65 €410 €2,686 +€2,276 +555.1%
Non-recurring financial charges 66B - €1,025 +€1,025
Profit (loss) for the period before taxes 9903 €919 -€723 -€1,642
Income taxes 67/77 - €424 +€424
Profit (loss) for the period 9904 €919 -€1,147 -€2,066
Profit (loss) for the period to be appropriated 9905 €919 -€1,147 -€2,066

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 30 September 2026 via checked.be.