Ionut Construct: 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.
Ionut Construct
Largest movements
- Receivables within one year -€2,536
down €2,536 (-60.3%), from €4,207 to €1,672
- Cash +€1,240
new in 2025: €1,240
mainly Net result for the year (+€23,092) and Receivables within one year (+€2,536)
- Tangible fixed assets -€374
no longer reported in 2025 (was €374)
- Profit (loss) carried forward +€23,092
up €23,092 (+95.5%), from -€24,190 to -€1,098
- Trade debts -€21,576
down €21,576 (-99.0%), from €21,789 to €213
- Short-term financial debts -€4,686
no longer reported in 2025 (was €4,686)
- Other debts +€1,500
up €1,500 (+505%), from €297 to €1,797
- Gross operating margin +€3,941
up €3,941 (+20.0%), from €19,689 to €23,630
- Other operating charges -€393
no longer reported in 2025 (was €393)
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.
Derived cash bridge
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 | €4,582 | €2,912 | -€1,670 | -36.4% |
| Fixed assets | 21/28 | €374 | - | -€374 | |
| Tangible fixed assets | 22/27 | €374 | - | -€374 | |
| Furniture and vehicles | 24 | €374 | - | -€374 | |
| Current assets | 29/58 | €4,207 | €2,912 | -€1,295 | -30.8% |
| Amounts receivable within one year | 40/41 | €4,207 | €1,672 | -€2,536 | -60.3% |
| Other amounts receivable | 41 | €4,207 | €1,672 | -€2,536 | -60.3% |
| Cash at bank and in hand | 54/58 | - | €1,240 | +€1,240 | |
| Total equity and liabilities | 10/49 | €4,582 | €2,912 | -€1,670 | -36.4% |
| Equity | 10/15 | -€22,190 | €902 | +€23,092 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,190 | -€1,098 | +€23,092 | +95.5% |
| Amounts payable | 17/49 | €26,772 | €2,009 | -€24,762 | -92.5% |
| Amounts payable within one year | 42/48 | €26,772 | €2,009 | -€24,762 | -92.5% |
| Financial debts | 43 | €4,686 | - | -€4,686 | |
| Credit institutions | 430/8 | €4,686 | - | -€4,686 | |
| Trade debts | 44 | €21,789 | €213 | -€21,576 | -99.0% |
| Suppliers | 440/4 | €21,789 | €213 | -€21,576 | -99.0% |
| Other amounts payable | 47/48 | €297 | €1,797 | +€1,500 | +505% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €374 | €374 | = | 0.0% |
| Other operating charges | 640/8 | €393 | - | -€393 | |
| Gross operating margin | 9900 | €19,689 | €23,630 | +€3,941 | +20.0% |
| Operating profit (loss) | 9901 | €18,921 | €23,256 | +€4,335 | +22.9% |
| Financial charges | 65/66B | €338 | €163 | -€175 | -51.7% |
| Recurring financial charges | 65 | €338 | €163 | -€175 | -51.7% |
| Profit (loss) for the period before taxes | 9903 | €18,583 | €23,092 | +€4,510 | +24.3% |
| Profit (loss) for the period | 9904 | €18,583 | €23,092 | +€4,510 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,583 | €23,092 | +€4,510 | +24.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.