IMC Construction: 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.
IMC Construction
Largest movements
- Receivables within one year -€63,472
down €63,472 (-45.8%), from €138,599 to €75,127
of which Trade receivables: -€46,474
- Cash -€37,701
no longer reported in 2024 (was €37,701)
mainly Trade debts (-€101,567) and Investment in fixed assets (net) (-€63,430)
- Tangible fixed assets +€32,215
up €32,215 (+20.7%), from €155,735 to €187,950
of which Land and buildings: +€56,383
- Stocks and contracts +€16,500
new in 2024: €16,500
- Reserves +€226,739
up €226,739 (+319.1%), from €71,064 to €297,803
- Profit (loss) carried forward -€217,148
down €217,148 (-95.8%), from €226,739 to €9,591
- Trade debts -€101,567
down €101,567 (-90.9%), from €111,686 to €10,120
- Debts after one year +€49,538
up €49,538 (+5648.8%), from €877 to €50,415
- Tax, wage and social debts -€15,626
down €15,626 (-80.6%), from €19,382 to €3,756
of which Taxes: -€19,105
- Gross operating margin -€28,453
down €28,453 (-14.8%), from €192,793 to €164,340
- Staff costs +€25,139
up €25,139 (+29.3%), from €85,786 to €110,924
- Taxes -€12,407
down €12,407 (-68.1%), from €18,221 to €5,814
- Financial charges +€5,752
up €5,752 (+439.5%), from €1,309 to €7,060
- Depreciation +€4,222
up €4,222 (+15.6%), from €26,993 to €31,215
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.
Cash bridge derived
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 | €470,561 | €414,658 | -€55,903 | -11.9% |
| Fixed assets | 21/28 | €155,735 | €187,950 | +€32,215 | +20.7% |
| Tangible fixed assets | 22/27 | €155,735 | €187,950 | +€32,215 | +20.7% |
| Land and buildings | 22 | €39,005 | €95,387 | +€56,383 | +144.6% |
| Plant, machinery and equipment | 23 | €20,994 | €15,769 | -€5,225 | -24.9% |
| Furniture and vehicles | 24 | €95,737 | €76,794 | -€18,943 | -19.8% |
| Current assets | 29/58 | €314,826 | €226,708 | -€88,118 | -28.0% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Trade receivables | 290 | €125,000 | €125,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | - | €16,500 | +€16,500 | |
| Contracts in progress | 37 | - | €16,500 | +€16,500 | |
| Amounts receivable within one year | 40/41 | €138,599 | €75,127 | -€63,472 | -45.8% |
| Trade receivables | 40 | €103,087 | €56,613 | -€46,474 | -45.1% |
| Other amounts receivable | 41 | €35,512 | €18,513 | -€16,998 | -47.9% |
| Cash at bank and in hand | 54/58 | €37,701 | - | -€37,701 | |
| Deferred charges and accrued income | 490/1 | €13,526 | €10,081 | -€3,445 | -25.5% |
| Total equity and liabilities | 10/49 | €470,561 | €414,658 | -€55,903 | -11.9% |
| Equity | 10/15 | €316,403 | €325,994 | +€9,591 | +3.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,064 | €297,803 | +€226,739 | +319.1% |
| Distributable reserves | 133 | €71,064 | €297,803 | +€226,739 | +319.1% |
| Profit (loss) carried forward | 14 | €226,739 | €9,591 | -€217,148 | -95.8% |
| Amounts payable | 17/49 | €154,158 | €88,664 | -€65,494 | -42.5% |
| Amounts payable after more than one year | 17 | €877 | €50,415 | +€49,538 | +5648.8% |
| Financial debts | 170/4 | €877 | €50,415 | +€49,538 | +5648.8% |
| Amounts payable within one year | 42/48 | €153,281 | €38,249 | -€115,032 | -75.0% |
| Current portion of amounts payable after more than one year | 42 | €9,213 | €21,274 | +€12,061 | +130.9% |
| Financial debts | 43 | - | €3,099 | +€3,099 | |
| Credit institutions | 430/8 | - | €3,099 | +€3,099 | |
| Trade debts | 44 | €111,686 | €10,120 | -€101,567 | -90.9% |
| Suppliers | 440/4 | €111,686 | €10,120 | -€101,567 | -90.9% |
| Taxes, remuneration and social security | 45 | €19,382 | €3,756 | -€15,626 | -80.6% |
| Taxes | 450/3 | €19,382 | €277 | -€19,105 | -98.6% |
| Remuneration and social security | 454/9 | - | €3,479 | +€3,479 | |
| Other amounts payable | 47/48 | €13,000 | - | -€13,000 | |
| Remuneration, social security and pensions | 62 | €85,786 | €110,924 | +€25,139 | +29.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,993 | €31,215 | +€4,222 | +15.6% |
| Other operating charges | 640/8 | €2,109 | €4,669 | +€2,560 | +121.4% |
| Gross operating margin | 9900 | €192,793 | €164,340 | -€28,453 | -14.8% |
| Operating profit (loss) | 9901 | €77,906 | €17,531 | -€60,374 | -77.5% |
| Financial income | 75/76B | €6,379 | €4,934 | -€1,445 | -22.6% |
| Recurring financial income | 75 | €3,879 | €4,934 | +€1,055 | +27.2% |
| Non-recurring financial income | 76B | €2,500 | - | -€2,500 | |
| Financial charges | 65/66B | €1,309 | €7,060 | +€5,752 | +439.5% |
| Recurring financial charges | 65 | €1,309 | €7,060 | +€5,752 | +439.5% |
| Profit (loss) for the period before taxes | 9903 | €82,976 | €15,405 | -€67,571 | -81.4% |
| Income taxes | 67/77 | €18,221 | €5,814 | -€12,407 | -68.1% |
| Profit (loss) for the period | 9904 | €64,755 | €9,591 | -€55,164 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €64,755 | €9,591 | -€55,164 | -85.2% |
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 10 October 2026 via checked.be.