Ioanin 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.
Ioanin Construct
Largest movements
- Cash -€55,067
no longer reported in 2025 (was €55,067)
mainly Accrued charges and deferred income (-€47,000) and Investment in fixed assets (net) (-€39,574)
- Tangible fixed assets +€11,461
up €11,461 (+16.5%), from €69,501 to €80,963
of which Furniture and vehicles: +€42,499
- Receivables within one year -€5,544
down €5,544 (-20.2%), from €27,443 to €21,900
of which Other amounts receivable: -€12,783
- Deferred charges and accrued income +€3,085
new in 2025: €3,085
- Accrued charges and deferred income -€47,000
no longer reported in 2025 (was €47,000)
- Current portion of long-term debt +€9,750
up €9,750 (+62.0%), from €15,720 to €25,471
- Debts after one year -€9,011
down €9,011 (-18.0%), from €50,037 to €41,026
- Profit (loss) carried forward -€8,887
down €8,887, from €8,379 to -€508
- Trade debts +€6,898
up €6,898 (+61.6%), from €11,204 to €18,102
of which Suppliers: +€11,646
- Purchases and services +€94,218
up €94,218 (+26.1%), from €360,590 to €454,809
- Turnover +€72,851
up €72,851 (+17.9%), from €406,778 to €479,629
- Gross operating margin -€19,784
down €19,784 (-38.9%), from €50,899 to €31,115
- Other operating charges -€6,286
down €6,286 (-55.7%), from €11,291 to €5,006
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 | €152,102 | €106,038 | -€46,064 | -30.3% |
| Fixed assets | 21/28 | €69,591 | €81,053 | +€11,461 | +16.5% |
| Tangible fixed assets | 22/27 | €69,501 | €80,963 | +€11,461 | +16.5% |
| Plant, machinery and equipment | 23 | €3,286 | €1,019 | -€2,267 | -69.0% |
| Furniture and vehicles | 24 | €1,752 | €44,252 | +€42,499 | +2425.1% |
| Leasing and similar rights | 25 | €64,463 | €35,692 | -€28,770 | -44.6% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €82,510 | €24,985 | -€57,525 | -69.7% |
| Amounts receivable within one year | 40/41 | €27,443 | €21,900 | -€5,544 | -20.2% |
| Trade receivables | 40 | €9,988 | €17,227 | +€7,239 | +72.5% |
| Other amounts receivable | 41 | €17,455 | €4,673 | -€12,783 | -73.2% |
| Cash at bank and in hand | 54/58 | €55,067 | - | -€55,067 | |
| Deferred charges and accrued income | 490/1 | - | €3,085 | +€3,085 | |
| Total equity and liabilities | 10/49 | €152,102 | €106,038 | -€46,064 | -30.3% |
| Equity | 10/15 | €24,621 | €15,734 | -€8,887 | -36.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,042 | €10,042 | = | 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% |
| Distributable reserves | 133 | €8,182 | €8,182 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,379 | -€508 | -€8,887 | |
| Amounts payable | 17/49 | €127,481 | €90,304 | -€37,177 | -29.2% |
| Amounts payable after more than one year | 17 | €50,037 | €41,026 | -€9,011 | -18.0% |
| Financial debts | 170/4 | €50,037 | €41,026 | -€9,011 | -18.0% |
| Amounts payable within one year | 42/48 | €30,443 | €49,277 | +€18,834 | +61.9% |
| Current portion of amounts payable after more than one year | 42 | €15,720 | €25,471 | +€9,750 | +62.0% |
| Financial debts | 43 | €1,102 | €3,236 | +€2,135 | +193.8% |
| Credit institutions | 430/8 | €1,102 | €3,236 | +€2,135 | +193.8% |
| Trade debts | 44 | €11,204 | €18,102 | +€6,898 | +61.6% |
| Suppliers | 440/4 | €6,456 | €18,102 | +€11,646 | +180.4% |
| Bills of exchange payable | 441 | €4,748 | - | -€4,748 | |
| Taxes, remuneration and social security | 45 | €2,417 | €2,468 | +€51 | +2.1% |
| Taxes | 450/3 | €2,417 | €2,468 | +€51 | +2.1% |
| Accrued charges and deferred income | 492/3 | €47,000 | - | -€47,000 | |
| Turnover | 70 | €406,778 | €479,629 | +€72,851 | +17.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €360,590 | €454,809 | +€94,218 | +26.1% |
| Remuneration, social security and pensions | 62 | €4,750 | €3,531 | -€1,219 | -25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,024 | €28,113 | +€1,089 | +4.0% |
| Other operating charges | 640/8 | €11,291 | €5,006 | -€6,286 | -55.7% |
| Gross operating margin | 9900 | €50,899 | €31,115 | -€19,784 | -38.9% |
| Operating profit (loss) | 9901 | €7,833 | -€5,534 | -€13,368 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,985 | €3,304 | +€319 | +10.7% |
| Recurring financial charges | 65 | €2,985 | €3,304 | +€319 | +10.7% |
| Profit (loss) for the period before taxes | 9903 | €4,849 | -€8,836 | -€13,685 | |
| Income taxes | 67/77 | €2,592 | €51 | -€2,541 | -98.0% |
| Profit (loss) for the period | 9904 | €2,256 | -€8,887 | -€11,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,256 | -€8,887 | -€11,143 |
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 9 October 2026 via checked.be.