INGEBOIS 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.
INGEBOIS CONSTRUCT
Largest movements
- Cash +€81,333
up €81,333 (+5169.0%), from €1,573 to €82,906
mainly Short-term financial debts (+€96,413) and Trade debts (+€80,665)
- Receivables within one year +€35,955
up €35,955 (+12.7%), from €284,219 to €320,174
of which Trade receivables: +€46,247
- Tangible fixed assets -€5,638
down €5,638 (-33.0%), from €17,109 to €11,471
of which Furniture and vehicles: -€4,741
- Short-term financial debts +€96,413
up €96,413 (+337.3%), from €28,587 to €125,000
- Trade debts +€80,665
up €80,665 (+42.8%), from €188,461 to €269,126
- Accrued charges and deferred income -€66,165
no longer reported in 2024 (was €66,165)
- Tax, wage and social debts +€10,863
up €10,863 (+15.8%), from €68,861 to €79,724
of which Taxes: +€10,285
- Debts after one year -€7,248
down €7,248 (-74.2%), from €9,767 to €2,519
- Gross operating margin +€34,402
up €34,402 (+7.1%), from €483,031 to €517,433
- Staff costs +€30,361
up €30,361 (+6.9%), from €437,626 to €467,987
- Financial charges +€8,053
up €8,053 (+54.5%), from €14,764 to €22,818
- Other operating charges +€5,786
up €5,786 (+702.2%), from €824 to €6,609
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 | €399,177 | €511,591 | +€112,414 | +28.2% |
| Fixed assets | 21/28 | €17,109 | €11,471 | -€5,638 | -33.0% |
| Tangible fixed assets | 22/27 | €17,109 | €11,471 | -€5,638 | -33.0% |
| Plant, machinery and equipment | 23 | €9,053 | €8,156 | -€897 | -9.9% |
| Furniture and vehicles | 24 | €8,056 | €3,315 | -€4,741 | -58.9% |
| Current assets | 29/58 | €382,067 | €500,120 | +€118,052 | +30.9% |
| Stocks and contracts in progress | 3 | €96,275 | €97,039 | +€764 | +0.8% |
| Stocks | 30/36 | €96,275 | €97,039 | +€764 | +0.8% |
| Amounts receivable within one year | 40/41 | €284,219 | €320,174 | +€35,955 | +12.7% |
| Trade receivables | 40 | €242,753 | €289,000 | +€46,247 | +19.1% |
| Other amounts receivable | 41 | €41,465 | €31,174 | -€10,291 | -24.8% |
| Cash at bank and in hand | 54/58 | €1,573 | €82,906 | +€81,333 | +5169.0% |
| Total equity and liabilities | 10/49 | €399,177 | €511,591 | +€112,414 | +28.2% |
| Equity | 10/15 | €23,007 | €27,974 | +€4,968 | +21.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,547 | €7,514 | +€4,968 | +195.1% |
| Amounts payable | 17/49 | €376,170 | €483,617 | +€107,447 | +28.6% |
| Amounts payable after more than one year | 17 | €9,767 | €2,519 | -€7,248 | -74.2% |
| Financial debts | 170/4 | €9,767 | €2,519 | -€7,248 | -74.2% |
| Amounts payable within one year | 42/48 | €300,239 | €481,098 | +€180,859 | +60.2% |
| Current portion of amounts payable after more than one year | 42 | €14,330 | €7,248 | -€7,082 | -49.4% |
| Financial debts | 43 | €28,587 | €125,000 | +€96,413 | +337.3% |
| Credit institutions | 430/8 | €28,587 | €125,000 | +€96,413 | +337.3% |
| Trade debts | 44 | €188,461 | €269,126 | +€80,665 | +42.8% |
| Suppliers | 440/4 | €188,461 | €269,126 | +€80,665 | +42.8% |
| Taxes, remuneration and social security | 45 | €68,861 | €79,724 | +€10,863 | +15.8% |
| Taxes | 450/3 | €44,806 | €55,091 | +€10,285 | +23.0% |
| Remuneration and social security | 454/9 | €24,055 | €24,633 | +€578 | +2.4% |
| Accrued charges and deferred income | 492/3 | €66,165 | - | -€66,165 | |
| Remuneration, social security and pensions | 62 | €437,626 | €467,987 | +€30,361 | +6.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,024 | €10,090 | -€1,934 | -16.1% |
| Other operating charges | 640/8 | €824 | €6,609 | +€5,786 | +702.2% |
| Non-recurring operating charges | 66A | €155 | €1,204 | +€1,049 | +676.8% |
| Gross operating margin | 9900 | €483,031 | €517,433 | +€34,402 | +7.1% |
| Operating profit (loss) | 9901 | €32,402 | €31,543 | -€859 | -2.7% |
| Financial income | 75/76B | €326 | €389 | +€62 | +19.1% |
| Recurring financial income | 75 | €326 | €389 | +€62 | +19.1% |
| Financial charges | 65/66B | €14,764 | €22,818 | +€8,053 | +54.5% |
| Recurring financial charges | 65 | €14,764 | €22,818 | +€8,053 | +54.5% |
| Profit (loss) for the period before taxes | 9903 | €17,965 | €9,114 | -€8,850 | -49.3% |
| Income taxes | 67/77 | €5,509 | €4,147 | -€1,362 | -24.7% |
| Profit (loss) for the period | 9904 | €12,456 | €4,968 | -€7,488 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,456 | €4,968 | -€7,488 | -60.1% |
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 4 October 2026 via checked.be.