IDEAL CONSTRUCT GROUP: 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 GROUP
Largest movements
- Cash -€529,228
down €529,228 (-94.5%), from €559,873 to €30,645
mainly Investment in fixed assets (net) (-€408,406) and Trade debts (-€168,559)
- Financial fixed assets +€407,497
up €407,497 (+6,527%), from €6,243 to €413,740
- Receivables within one year -€322,949
down €322,949 (-76.3%), from €423,116 to €100,167
of which Trade receivables: -€323,369
- Deferred charges and accrued income +€23,757
up €23,757 (+73.7%), from €32,251 to €56,008
- Trade debts -€168,559
down €168,559 (-49.0%), from €343,665 to €175,106
- Debts after one year -€115,276
no longer reported in 2025 (was €115,276)
- Tax, wage and social debts -€97,508
down €97,508 (-70.3%), from €138,709 to €41,201
- Accrued charges and deferred income -€77,684
down €77,684 (-97.0%), from €80,090 to €2,406
- Reserves +€35,000
up €35,000 (+17.3%), from €201,860 to €236,860
of which Distributable reserves: +€35,000
- Gross operating margin -€143,308
down €143,308 (-61.2%), from €234,301 to €90,993
- Taxes +€23,741
up €23,741 (+119%), from €20,000 to €43,741
- Financial income +€3,040
up €3,040 (+229%), from €1,328 to €4,367
- Depreciation +€2,910
up €2,910 (+52.5%), from €5,544 to €8,454
- Other operating charges +€2,881
up €2,881 (+349%), from €826 to €3,707
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 | €1,046,849 | €618,381 | -€428,468 | -40.9% |
| Fixed assets | 21/28 | €31,609 | €431,561 | +€399,952 | +1,265% |
| Tangible fixed assets | 22/27 | €25,366 | €17,820 | -€7,545 | -29.7% |
| Plant, machinery and equipment | 23 | €3,154 | €2,474 | -€680 | -21.6% |
| Furniture and vehicles | 24 | €22,212 | €15,347 | -€6,865 | -30.9% |
| Financial fixed assets | 28 | €6,243 | €413,740 | +€407,497 | +6,527% |
| Current assets | 29/58 | €1,015,240 | €186,820 | -€828,420 | -81.6% |
| Amounts receivable within one year | 40/41 | €423,116 | €100,167 | -€322,949 | -76.3% |
| Trade receivables | 40 | €402,934 | €79,565 | -€323,369 | -80.3% |
| Other amounts receivable | 41 | €20,182 | €20,601 | +€419 | +2.1% |
| Cash at bank and in hand | 54/58 | €559,873 | €30,645 | -€529,228 | -94.5% |
| Deferred charges and accrued income | 490/1 | €32,251 | €56,008 | +€23,757 | +73.7% |
| Total equity and liabilities | 10/49 | €1,046,849 | €618,381 | -€428,468 | -40.9% |
| Equity | 10/15 | €329,318 | €372,659 | +€43,341 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €201,860 | €236,860 | +€35,000 | +17.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €235,000 | +€35,000 | +17.5% |
| Profit (loss) carried forward | 14 | €121,258 | €129,599 | +€8,341 | +6.9% |
| Amounts payable | 17/49 | €717,531 | €245,722 | -€471,809 | -65.8% |
| Amounts payable after more than one year | 17 | €115,276 | - | -€115,276 | |
| Advances received on contracts in progress | 176 | €115,276 | - | -€115,276 | |
| Amounts payable within one year | 42/48 | €522,165 | €243,315 | -€278,850 | -53.4% |
| Trade debts | 44 | €343,665 | €175,106 | -€168,559 | -49.0% |
| Suppliers | 440/4 | €343,665 | €175,106 | -€168,559 | -49.0% |
| Advances received on contracts in progress | 46 | €12,784 | - | -€12,784 | |
| Taxes, remuneration and social security | 45 | €138,709 | €41,201 | -€97,508 | -70.3% |
| Taxes | 450/3 | €138,709 | €41,201 | -€97,508 | -70.3% |
| Other amounts payable | 47/48 | €27,008 | €27,008 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €80,090 | €2,406 | -€77,684 | -97.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,544 | €8,454 | +€2,910 | +52.5% |
| Other operating charges | 640/8 | €826 | €3,707 | +€2,881 | +349% |
| Gross operating margin | 9900 | €234,301 | €90,993 | -€143,308 | -61.2% |
| Operating profit (loss) | 9901 | €227,931 | €78,832 | -€149,099 | -65.4% |
| Financial income | 75/76B | €1,328 | €4,367 | +€3,040 | +229% |
| Recurring financial income | 75 | €1,328 | €4,367 | +€3,040 | +229% |
| Financial charges | 65/66B | €2,854 | €1,687 | -€1,167 | -40.9% |
| Recurring financial charges | 65 | €2,854 | €1,687 | -€1,167 | -40.9% |
| Profit (loss) for the period before taxes | 9903 | €226,404 | €81,512 | -€144,892 | -64.0% |
| Income taxes | 67/77 | €20,000 | €43,741 | +€23,741 | +119% |
| Profit (loss) for the period | 9904 | €206,404 | €37,771 | -€168,634 | -81.7% |
| Profit (loss) for the period to be appropriated | 9905 | €206,404 | €37,771 | -€168,634 | -81.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.