IDEAL 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.
IDEAL CONSTRUCT
Largest movements
- Receivables within one year +€168,378
up €168,378 (+1,176%), from €14,313 to €182,691
of which Trade receivables: +€114,327
- Tangible fixed assets +€65,240
up €65,240 (+143%), from €45,482 to €110,722
of which Furniture and vehicles: +€60,936
- Cash +€19,918
up €19,918 (+41.2%), from €48,353 to €68,271
mainly Trade debts (+€122,998) and Short-term financial debts (+€60,565)
- Receivables after one year -€4,500
down €4,500 (-21.0%), from €21,478 to €16,978
- Trade debts +€122,998
up €122,998 (+383%), from €32,092 to €155,089
- Short-term financial debts +€60,565
new in 2022: €60,565
- Accrued charges and deferred income +€32,068
new in 2022: €32,068
- Debts after one year +€22,106
up €22,106 (+133%), from €16,566 to €38,673
- Reserves +€16,268
up €16,268 (+31.6%), from €51,489 to €67,757
- Gross operating margin -€24,925
down €24,925 (-32.0%), from €77,869 to €52,943
- Depreciation +€11,938
up €11,938 (+207%), from €5,781 to €17,718
- Taxes -€7,866
down €7,866 (-56.7%), from €13,876 to €6,010
- Other operating charges +€2,908
up €2,908 (+71.3%), from €4,078 to €6,986
- Financial charges +€2,545
up €2,545 (+96.2%), from €2,645 to €5,189
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,472 | €383,454 | +€247,982 | +183% |
| Fixed assets | 21/28 | €45,482 | €113,272 | +€67,790 | +149% |
| Tangible fixed assets | 22/27 | €45,482 | €110,722 | +€65,240 | +143% |
| Plant, machinery and equipment | 23 | €6,305 | €10,610 | +€4,305 | +68.3% |
| Furniture and vehicles | 24 | €39,177 | €100,112 | +€60,936 | +156% |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €89,989 | €270,181 | +€180,192 | +200% |
| Amounts receivable after more than one year | 29 | €21,478 | €16,978 | -€4,500 | -21.0% |
| Other amounts receivable | 291 | €21,478 | €16,978 | -€4,500 | -21.0% |
| Amounts receivable within one year | 40/41 | €14,313 | €182,691 | +€168,378 | +1,176% |
| Trade receivables | 40 | €111 | €114,438 | +€114,327 | +102,914% |
| Other amounts receivable | 41 | €14,202 | €68,253 | +€54,051 | +381% |
| Cash at bank and in hand | 54/58 | €48,353 | €68,271 | +€19,918 | +41.2% |
| Deferred charges and accrued income | 490/1 | €5,846 | €2,243 | -€3,604 | -61.6% |
| Total equity and liabilities | 10/49 | €135,472 | €383,454 | +€247,982 | +183% |
| Equity | 10/15 | €56,489 | €72,757 | +€16,268 | +28.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,489 | €67,757 | +€16,268 | +31.6% |
| Distributable reserves | 133 | €51,489 | €67,757 | +€16,268 | +31.6% |
| Amounts payable | 17/49 | €78,983 | €310,697 | +€231,714 | +293% |
| Amounts payable after more than one year | 17 | €16,566 | €38,673 | +€22,106 | +133% |
| Financial debts | 170/4 | €16,566 | €38,673 | +€22,106 | +133% |
| Amounts payable within one year | 42/48 | €62,416 | €239,956 | +€177,540 | +284% |
| Current portion of amounts payable after more than one year | 42 | €30,031 | €23,488 | -€6,543 | -21.8% |
| Financial debts | 43 | - | €60,565 | +€60,565 | |
| Credit institutions | 430/8 | - | €60,565 | +€60,565 | |
| Trade debts | 44 | €32,092 | €155,089 | +€122,998 | +383% |
| Suppliers | 440/4 | €32,092 | €155,089 | +€122,998 | +383% |
| Taxes, remuneration and social security | 45 | €294 | €813 | +€520 | +177% |
| Taxes | 450/3 | €294 | €813 | +€520 | +177% |
| Accrued charges and deferred income | 492/3 | - | €32,068 | +€32,068 | |
| Non-recurring operating income | 76A | - | €2,500 | +€2,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,781 | €17,718 | +€11,938 | +207% |
| Other operating charges | 640/8 | €4,078 | €6,986 | +€2,908 | +71.3% |
| Non-recurring operating charges | 66A | - | €1,166 | +€1,166 | |
| Gross operating margin | 9900 | €77,869 | €52,943 | -€24,925 | -32.0% |
| Operating profit (loss) | 9901 | €68,010 | €27,073 | -€40,936 | -60.2% |
| Financial income | 75/76B | - | €394 | +€394 | |
| Recurring financial income | 75 | - | €394 | +€394 | |
| Financial charges | 65/66B | €2,645 | €5,189 | +€2,545 | +96.2% |
| Recurring financial charges | 65 | €2,645 | €5,189 | +€2,545 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €65,365 | €22,278 | -€43,087 | -65.9% |
| Income taxes | 67/77 | €13,876 | €6,010 | -€7,866 | -56.7% |
| Profit (loss) for the period | 9904 | €51,489 | €16,268 | -€35,220 | -68.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,489 | €16,268 | -€35,220 | -68.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.