IN2-CONCRETE: 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.
IN2-CONCRETE
Largest movements
- Receivables within one year -€119,398
down €119,398 (-27.3%), from €437,538 to €318,141
of which Other amounts receivable: -€71,727
- Tangible fixed assets -€77,250
down €77,250 (-6.1%), from €1.3m to €1.2m
of which Land and buildings: -€67,424
- Stocks and contracts +€41,816
up €41,816 (+12.7%), from €327,987 to €369,803
- Deferred charges and accrued income +€24,420
up €24,420 (+319.0%), from €7,654 to €32,074
- Trade debts -€134,204
down €134,204 (-42.6%), from €315,207 to €181,003
- Debts after one year -€59,862
down €59,862 (-9.8%), from €610,548 to €550,685
of which Other amounts payable: -€30,019
- Short-term financial debts +€50,000
up €50,000 (+33.3%), from €150,000 to €200,000
- Tax, wage and social debts +€38,057
up €38,057 (+85.1%), from €44,721 to €82,778
of which Taxes: +€37,747
- Revaluation surpluses -€36,333
down €36,333 (-5.5%), from €661,323 to €624,991
- Financial charges +€71,549
up €71,549 (+192.9%), from €37,092 to €108,641
- Gross operating margin +€57,524
up €57,524 (+14.1%), from €406,606 to €464,130
- Taxes +€21,264
up €21,264 (+131.1%), from €16,225 to €37,489
- Other operating charges -€12,885
down €12,885 (-56.7%), from €22,708 to €9,823
- Staff costs +€12,462
up €12,462 (+5.3%), from €236,977 to €249,439
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.
Cash bridge derived
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 | €2,120,048 | €1,982,707 | -€137,341 | -6.5% |
| Fixed assets | 21/28 | €1,290,689 | €1,202,396 | -€88,293 | -6.8% |
| Intangible fixed assets | 21 | €34,425 | €23,381 | -€11,043 | -32.1% |
| Tangible fixed assets | 22/27 | €1,256,264 | €1,179,014 | -€77,250 | -6.1% |
| Land and buildings | 22 | €1,213,940 | €1,146,516 | -€67,424 | -5.6% |
| Plant, machinery and equipment | 23 | €4,994 | €4,951 | -€43 | -0.9% |
| Furniture and vehicles | 24 | €37,330 | €27,547 | -€9,783 | -26.2% |
| Current assets | 29/58 | €829,359 | €780,312 | -€49,047 | -5.9% |
| Stocks and contracts in progress | 3 | €327,987 | €369,803 | +€41,816 | +12.7% |
| Stocks | 30/36 | €327,987 | €369,803 | +€41,816 | +12.7% |
| Amounts receivable within one year | 40/41 | €437,538 | €318,141 | -€119,398 | -27.3% |
| Trade receivables | 40 | €272,036 | €224,365 | -€47,671 | -17.5% |
| Other amounts receivable | 41 | €165,502 | €93,776 | -€71,727 | -43.3% |
| Cash at bank and in hand | 54/58 | €56,180 | €60,294 | +€4,114 | +7.3% |
| Deferred charges and accrued income | 490/1 | €7,654 | €32,074 | +€24,420 | +319.0% |
| Total equity and liabilities | 10/49 | €2,120,048 | €1,982,707 | -€137,341 | -6.5% |
| Equity | 10/15 | €909,302 | €885,961 | -€23,341 | -2.6% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Revaluation surpluses | 12 | €661,323 | €624,991 | -€36,333 | -5.5% |
| Reserves | 13 | €228,808 | €265,140 | +€36,333 | +15.9% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €226,948 | €265,140 | +€38,193 | +16.8% |
| Profit (loss) carried forward | 14 | -€5,629 | -€28,970 | -€23,341 | -414.6% |
| Amounts payable | 17/49 | €1,210,746 | €1,096,746 | -€114,000 | -9.4% |
| Amounts payable after more than one year | 17 | €610,548 | €550,685 | -€59,862 | -9.8% |
| Financial debts | 170/4 | €547,304 | €517,461 | -€29,843 | -5.5% |
| Other amounts payable | 178/9 | €63,243 | €33,224 | -€30,019 | -47.5% |
| Amounts payable within one year | 42/48 | €597,680 | €541,921 | -€55,759 | -9.3% |
| Current portion of amounts payable after more than one year | 42 | €87,752 | €78,139 | -€9,612 | -11.0% |
| Financial debts | 43 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Credit institutions | 430/8 | €150,000 | €200,000 | +€50,000 | +33.3% |
| Trade debts | 44 | €315,207 | €181,003 | -€134,204 | -42.6% |
| Suppliers | 440/4 | €315,207 | €181,003 | -€134,204 | -42.6% |
| Taxes, remuneration and social security | 45 | €44,721 | €82,778 | +€38,057 | +85.1% |
| Taxes | 450/3 | €8,893 | €46,640 | +€37,747 | +424.4% |
| Remuneration and social security | 454/9 | €35,828 | €36,138 | +€310 | +0.9% |
| Accrued charges and deferred income | 492/3 | €2,518 | €4,140 | +€1,621 | +64.4% |
| Remuneration, social security and pensions | 62 | €236,977 | €249,439 | +€12,462 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,033 | €98,384 | -€648 | -0.7% |
| Other operating charges | 640/8 | €22,708 | €9,823 | -€12,885 | -56.7% |
| Gross operating margin | 9900 | €406,606 | €464,130 | +€57,524 | +14.1% |
| Operating profit (loss) | 9901 | €47,889 | €106,484 | +€58,595 | +122.4% |
| Financial income | 75/76B | €5,865 | €16,305 | +€10,440 | +178.0% |
| Recurring financial income | 75 | €5,865 | €16,305 | +€10,440 | +178.0% |
| Financial charges | 65/66B | €37,092 | €108,641 | +€71,549 | +192.9% |
| Recurring financial charges | 65 | €37,092 | €108,641 | +€71,549 | +192.9% |
| Profit (loss) for the period before taxes | 9903 | €16,662 | €14,148 | -€2,514 | -15.1% |
| Income taxes | 67/77 | €16,225 | €37,489 | +€21,264 | +131.1% |
| Profit (loss) for the period | 9904 | €437 | -€23,341 | -€23,778 | |
| Profit (loss) for the period to be appropriated | 9905 | €437 | -€23,341 | -€23,778 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.