INTERBUDGET CONSTRUCT HEBBERECHT: 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.
INTERBUDGET CONSTRUCT HEBBERECHT
Largest movements
- Tangible fixed assets +€47,268
up €47,268 (+209.5%), from €22,557 to €69,825
of which Plant, machinery and equipment: +€45,676
- Cash -€44,919
down €44,919 (-16.1%), from €278,191 to €233,272
mainly Contributions, distributions and other (-€130,000) and Investment in fixed assets (net) (-€59,836)
- Receivables within one year +€34,481
up €34,481 (+23.2%), from €148,740 to €183,221
of which Trade receivables: +€19,127
- Stocks and contracts +€7,451
up €7,451 (+20.2%), from €36,878 to €44,329
- Reserves +€37,254
up €37,254 (+10.5%), from €355,373 to €392,627
of which Distributable reserves: +€37,254
- Debts after one year +€31,943
new in 2025: €31,943
- Profit (loss) carried forward -€31,304
down €31,304 (-84.0%), from €37,254 to €5,949
- Other debts -€11,000
down €11,000 (-7.8%), from €141,000 to €130,000
- Tax, wage and social debts +€10,597
up €10,597 (+87.3%), from €12,143 to €22,739
of which Taxes: +€7,849
- Staff costs +€21,662
up €21,662 (+49.8%), from €43,513 to €65,175
- Taxes +€18,174
up €18,174 (+266.5%), from €6,818 to €24,992
- Gross operating margin -€8,733
down €8,733 (-3.6%), from €243,370 to €234,637
- Depreciation +€2,553
up €2,553 (+25.5%), from €10,015 to €12,569
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 | €588,154 | €634,929 | +€46,776 | +8.0% |
| Fixed assets | 21/28 | €22,656 | €69,924 | +€47,268 | +208.6% |
| Tangible fixed assets | 22/27 | €22,557 | €69,825 | +€47,268 | +209.5% |
| Plant, machinery and equipment | 23 | €22,557 | €68,233 | +€45,676 | +202.5% |
| Furniture and vehicles | 24 | - | €1,591 | +€1,591 | |
| Financial fixed assets | 28 | €99 | €99 | = | 0.0% |
| Current assets | 29/58 | €565,498 | €565,006 | -€492 | -0.1% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €36,878 | €44,329 | +€7,451 | +20.2% |
| Stocks | 30/36 | €36,878 | €44,329 | +€7,451 | +20.2% |
| Amounts receivable within one year | 40/41 | €148,740 | €183,221 | +€34,481 | +23.2% |
| Trade receivables | 40 | €8,646 | €27,773 | +€19,127 | +221.2% |
| Other amounts receivable | 41 | €140,094 | €155,447 | +€15,354 | +11.0% |
| Cash at bank and in hand | 54/58 | €278,191 | €233,272 | -€44,919 | -16.1% |
| Deferred charges and accrued income | 490/1 | €1,689 | €4,184 | +€2,495 | +147.7% |
| Total equity and liabilities | 10/49 | €588,154 | €634,929 | +€46,776 | +8.0% |
| Equity | 10/15 | €411,219 | €417,168 | +€5,949 | +1.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €355,373 | €392,627 | +€37,254 | +10.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €353,514 | €390,768 | +€37,254 | +10.5% |
| Profit (loss) carried forward | 14 | €37,254 | €5,949 | -€31,304 | -84.0% |
| Amounts payable | 17/49 | €176,935 | €217,761 | +€40,826 | +23.1% |
| Amounts payable after more than one year | 17 | - | €31,943 | +€31,943 | |
| Financial debts | 170/4 | - | €31,943 | +€31,943 | |
| Amounts payable within one year | 42/48 | €176,935 | €185,818 | +€8,883 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | - | €10,408 | +€10,408 | |
| Trade debts | 44 | €23,792 | €22,671 | -€1,121 | -4.7% |
| Suppliers | 440/4 | €23,792 | €22,671 | -€1,121 | -4.7% |
| Taxes, remuneration and social security | 45 | €12,143 | €22,739 | +€10,597 | +87.3% |
| Taxes | 450/3 | €12,143 | €19,992 | +€7,849 | +64.6% |
| Remuneration and social security | 454/9 | - | €2,748 | +€2,748 | |
| Other amounts payable | 47/48 | €141,000 | €130,000 | -€11,000 | -7.8% |
| Remuneration, social security and pensions | 62 | €43,513 | €65,175 | +€21,662 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,015 | €12,569 | +€2,553 | +25.5% |
| Other operating charges | 640/8 | €241 | €244 | +€4 | +1.5% |
| Gross operating margin | 9900 | €243,370 | €234,637 | -€8,733 | -3.6% |
| Operating profit (loss) | 9901 | €189,601 | €156,649 | -€32,952 | -17.4% |
| Financial income | 75/76B | €6,220 | €6,305 | +€85 | +1.4% |
| Recurring financial income | 75 | €6,220 | €6,305 | +€85 | +1.4% |
| Financial charges | 65/66B | €1,749 | €2,013 | +€263 | +15.1% |
| Recurring financial charges | 65 | €1,749 | €2,013 | +€263 | +15.1% |
| Profit (loss) for the period before taxes | 9903 | €194,072 | €160,941 | -€33,131 | -17.1% |
| Income taxes | 67/77 | €6,818 | €24,992 | +€18,174 | +266.5% |
| Profit (loss) for the period | 9904 | €187,254 | €135,949 | -€51,304 | -27.4% |
| Profit (loss) for the period to be appropriated | 9905 | €187,254 | €135,949 | -€51,304 | -27.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.