INTERNATIONAL CONSTRUCTION TACTICAL: what changed
INTERNATIONAL CONSTRUCTION TACTICAL
Largest movements
- Receivables within one year -€2,089
down €2,089 (-9.6%), from €21,813 to €19,725
of which Trade receivables: -€1,240
- Cash -€233
down €233 (-97.4%), from €239 to €6
mainly Trade debts (-€1,822) and Net result for the year (-€500)
- Trade debts -€1,822
down €1,822 (-74.5%), from €2,447 to €625
- Profit (loss) carried forward -€500
down €500 (-58.5%), from -€855 to -€1,354
- Gross operating margin -€1,280
down €1,280, from €248 to -€1,032
- Other operating charges -€796
down €796 (-62.3%), from €1,276 to €480
- Financial income -€119
down €119 (-10.0%), from €1,191 to €1,072
- Financial charges +€17
up €17 (+41.4%), from €42 to €59
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,052 | €19,731 | -€2,322 | -10.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €22,052 | €19,731 | -€2,322 | -10.5% |
| Amounts receivable within one year | 40/41 | €21,813 | €19,725 | -€2,089 | -9.6% |
| Trade receivables | 40 | €1,240 | €0 | -€1,240 | -100% |
| Other amounts receivable | 41 | €20,574 | €19,725 | -€849 | -4.1% |
| Cash at bank and in hand | 54/58 | €239 | €6 | -€233 | -97.4% |
| Total equity and liabilities | 10/49 | €22,052 | €19,731 | -€2,322 | -10.5% |
| Equity | 10/15 | €19,605 | €19,106 | -€500 | -2.5% |
| 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 | -€855 | -€1,354 | -€500 | -58.5% |
| Amounts payable | 17/49 | €2,447 | €625 | -€1,822 | -74.5% |
| Amounts payable within one year | 42/48 | €2,447 | €625 | -€1,822 | -74.5% |
| Trade debts | 44 | €2,447 | €625 | -€1,822 | -74.5% |
| Suppliers | 440/4 | €2,447 | €625 | -€1,822 | -74.5% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Other operating charges | 640/8 | €1,276 | €480 | -€796 | -62.3% |
| Gross operating margin | 9900 | €248 | -€1,032 | -€1,280 | |
| Operating profit (loss) | 9901 | -€1,028 | -€1,512 | -€485 | -47.2% |
| Financial income | 75/76B | €1,191 | €1,072 | -€119 | -10.0% |
| Recurring financial income | 75 | €1,191 | €1,072 | -€119 | -10.0% |
| Financial charges | 65/66B | €42 | €59 | +€17 | +41.4% |
| Recurring financial charges | 65 | €42 | €59 | +€17 | +41.4% |
| Profit (loss) for the period before taxes | 9903 | €122 | -€500 | -€621 | |
| Profit (loss) for the period | 9904 | €122 | -€500 | -€621 | |
| Profit (loss) for the period to be appropriated | 9905 | €122 | -€500 | -€621 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.