IMERICONSTRUCTION: 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.
IMERICONSTRUCTION
Largest movements
- Receivables within one year +€20,097
up €20,097 (+60.4%), from €33,267 to €53,364
of which Trade receivables: +€13,608
- Cash -€12,280
down €12,280 (-23.6%), from €52,132 to €39,852
mainly Tax, wage and social debts (-€28,653) and Receivables within one year (-€20,097)
- Tangible fixed assets +€6,097
up €6,097 (+24.5%), from €24,873 to €30,971
of which Plant, machinery and equipment: +€14,091
- Profit (loss) carried forward +€45,021
up €45,021 (+74.5%), from €60,396 to €105,418
- Tax, wage and social debts -€28,653
down €28,653 (-89.6%), from €31,966 to €3,313
of which Taxes: -€20,186
- Trade debts -€2,624
down €2,624 (-16.5%), from €15,923 to €13,300
- Staff costs +€33,282
up €33,282 (+24.5%), from €136,094 to €169,376
- Gross operating margin +€18,600
up €18,600 (+8.7%), from €212,944 to €231,544
- Depreciation +€9,213
up €9,213 (+235.5%), from €3,912 to €13,125
- Taxes -€8,721
down €8,721 (-72.5%), from €12,034 to €3,313
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 | €111,286 | €125,031 | +€13,744 | +12.4% |
| Fixed assets | 21/28 | €25,669 | €31,395 | +€5,725 | +22.3% |
| Intangible fixed assets | 21 | €796 | €424 | -€372 | -46.7% |
| Tangible fixed assets | 22/27 | €24,873 | €30,971 | +€6,097 | +24.5% |
| Plant, machinery and equipment | 23 | €4,476 | €18,568 | +€14,091 | +314.8% |
| Furniture and vehicles | 24 | €20,397 | €12,403 | -€7,994 | -39.2% |
| Current assets | 29/58 | €85,617 | €93,636 | +€8,019 | +9.4% |
| Amounts receivable within one year | 40/41 | €33,267 | €53,364 | +€20,097 | +60.4% |
| Trade receivables | 40 | €26,500 | €40,108 | +€13,608 | +51.4% |
| Other amounts receivable | 41 | €6,767 | €13,256 | +€6,489 | +95.9% |
| Cash at bank and in hand | 54/58 | €52,132 | €39,852 | -€12,280 | -23.6% |
| Deferred charges and accrued income | 490/1 | €217 | €419 | +€202 | +92.9% |
| Total equity and liabilities | 10/49 | €111,286 | €125,031 | +€13,744 | +12.4% |
| Equity | 10/15 | €63,396 | €108,418 | +€45,021 | +71.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,396 | €105,418 | +€45,021 | +74.5% |
| Amounts payable | 17/49 | €47,890 | €16,613 | -€31,277 | -65.3% |
| Amounts payable within one year | 42/48 | €47,890 | €16,613 | -€31,277 | -65.3% |
| Trade debts | 44 | €15,923 | €13,300 | -€2,624 | -16.5% |
| Suppliers | 440/4 | €15,923 | €13,300 | -€2,624 | -16.5% |
| Taxes, remuneration and social security | 45 | €31,966 | €3,313 | -€28,653 | -89.6% |
| Taxes | 450/3 | €23,500 | €3,313 | -€20,186 | -85.9% |
| Remuneration and social security | 454/9 | €8,467 | - | -€8,467 | |
| Remuneration, social security and pensions | 62 | €136,094 | €169,376 | +€33,282 | +24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,912 | €13,125 | +€9,213 | +235.5% |
| Other operating charges | 640/8 | €311 | €358 | +€47 | +15.2% |
| Gross operating margin | 9900 | €212,944 | €231,544 | +€18,600 | +8.7% |
| Operating profit (loss) | 9901 | €72,628 | €48,686 | -€23,943 | -33.0% |
| Financial charges | 65/66B | €198 | €351 | +€153 | +77.4% |
| Recurring financial charges | 65 | €198 | €351 | +€153 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | €72,430 | €48,334 | -€24,096 | -33.3% |
| Income taxes | 67/77 | €12,034 | €3,313 | -€8,721 | -72.5% |
| Profit (loss) for the period | 9904 | €60,396 | €45,021 | -€15,375 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €60,396 | €45,021 | -€15,375 | -25.5% |
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 30 September 2026 via checked.be.