Skip to content

IDM CONSTRUCT: 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

IDM CONSTRUCT

BE 0692.588.314
NACE 43.990, Other specialised construction activities
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€22,676
2023 · €9,857+€12,819
Equity
€126,698
2023 · €104,022+€22,676
Cash
€756
2023 · €210+€546
Balance sheet total
€172,136
2023 · €147,584+€24,552

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€32,029

    up €32,029 (+29.1%), from €110,038 to €142,067

    of which Trade receivables: +€27,888

  • Tangible fixed assets -€8,718

    down €8,718 (-26.0%), from €33,560 to €24,842

    of which Furniture and vehicles: -€7,659

Equity and liabilities
  • Profit (loss) carried forward +€22,676

    up €22,676 (+23.2%), from €97,822 to €120,498

  • Trade debts +€6,617

    up €6,617 (+100.9%), from €6,556 to €13,173

  • Short-term financial debts -€5,138

    down €5,138 (-50.8%), from €10,119 to €4,981

  • Current portion of long-term debt +€3,384

    new in 2024: €3,384

  • Tax, wage and social debts -€2,987

    down €2,987 (-22.3%), from €13,406 to €10,419

    of which Remuneration and social security: -€1,578

Income statement
  • Turnover +€140,041

    up €140,041 (+60.9%), from €229,990 to €370,030

  • Gross operating margin +€100,002

    up €100,002 (+325.1%), from €30,758 to €130,760

  • Other operating charges +€79,069

    up €79,069 (+2700.4%), from €2,928 to €81,997

  • Taxes +€5,019

    up €5,019 (+94.4%), from €5,319 to €10,338

From the 2023 result to the 2024 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 2023 €9,857
Gross operating margin +€100,002
Depreciation -€729
Other operating charges -€79,069
Financial income +€200
Financial charges -€2,566
Taxes -€5,019
Result 2024 €22,676

Cash bridge derived

cash 2023 to 2024

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.

From operations +€3,205
Investment -€904
Financing -€1,754
Cash 2023 €210
Net result for the year +€22,676
Depreciation +€9,623
Receivables within one year -€32,029
Deferred charges and accrued income -€696
Trade debts +€6,617
Tax, wage and social debts -€2,987
Investment in fixed assets (net) -€904
Current portion of long-term debt +€3,384
Short-term financial debts -€5,138
Cash 2024 €756
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €147,584 €172,136 +€24,552 +16.6%
Fixed assets 21/28 €33,560 €24,842 -€8,718 -26.0%
Tangible fixed assets 22/27 €33,560 €24,842 -€8,718 -26.0%
Plant, machinery and equipment 23 €8,998 €7,938 -€1,059 -11.8%
Furniture and vehicles 24 €24,562 €16,903 -€7,659 -31.2%
Current assets 29/58 €114,024 €147,295 +€33,270 +29.2%
Amounts receivable within one year 40/41 €110,038 €142,067 +€32,029 +29.1%
Trade receivables 40 €70,499 €98,386 +€27,888 +39.6%
Other amounts receivable 41 €39,539 €43,680 +€4,141 +10.5%
Cash at bank and in hand 54/58 €210 €756 +€546 +259.9%
Deferred charges and accrued income 490/1 €3,777 €4,472 +€696 +18.4%
Total equity and liabilities 10/49 €147,584 €172,136 +€24,552 +16.6%
Equity 10/15 €104,022 €126,698 +€22,676 +21.8%
Contributions 10/11 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 €97,822 €120,498 +€22,676 +23.2%
Amounts payable 17/49 €43,562 €45,438 +€1,876 +4.3%
Amounts payable within one year 42/48 €30,081 €31,957 +€1,876 +6.2%
Current portion of amounts payable after more than one year 42 - €3,384 +€3,384
Financial debts 43 €10,119 €4,981 -€5,138 -50.8%
Credit institutions 430/8 €10,119 €4,981 -€5,138 -50.8%
Trade debts 44 €6,556 €13,173 +€6,617 +100.9%
Suppliers 440/4 €6,556 €13,173 +€6,617 +100.9%
Taxes, remuneration and social security 45 €13,406 €10,419 -€2,987 -22.3%
Taxes 450/3 €9,636 €8,227 -€1,409 -14.6%
Remuneration and social security 454/9 €3,770 €2,192 -€1,578 -41.9%
Accrued charges and deferred income 492/3 €13,481 €13,481 = 0.0%
Turnover 70 €229,990 €370,030 +€140,041 +60.9%
Non-recurring operating income 76A - €664 +€664
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,893 €9,623 +€729 +8.2%
Other operating charges 640/8 €2,928 €81,997 +€79,069 +2700.4%
Gross operating margin 9900 €30,758 €130,760 +€100,002 +325.1%
Operating profit (loss) 9901 €18,937 €39,141 +€20,204 +106.7%
Financial income 75/76B €1,159 €1,359 +€200 +17.2%
Recurring financial income 75 €859 €1,359 +€500 +58.3%
Non-recurring financial income 76B €301 - -€301
Financial charges 65/66B €4,920 €7,486 +€2,566 +52.2%
Recurring financial charges 65 €4,920 €6,896 +€1,976 +40.2%
Non-recurring financial charges 66B - €590 +€590
Profit (loss) for the period before taxes 9903 €15,177 €33,014 +€17,838 +117.5%
Income taxes 67/77 €5,319 €10,338 +€5,019 +94.4%
Profit (loss) for the period 9904 €9,857 €22,676 +€12,819 +130.0%
Profit (loss) for the period to be appropriated 9905 €9,857 €22,676 +€12,819 +130.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.