IRO 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.
IRO CONSTRUCT
Largest movements
- Receivables within one year -€50,725
down €50,725 (-50.2%), from €100,989 to €50,264
of which Trade receivables: -€54,183
- Cash +€8,162
up €8,162 (+2552.3%), from €320 to €8,482
mainly Receivables within one year (+€50,725) and Net result for the year (+€4,822)
- Tangible fixed assets -€1,094
down €1,094 (-92.8%), from €1,179 to €84
- Trade debts -€49,353
down €49,353 (-97.0%), from €50,885 to €1,533
- Profit (loss) carried forward +€4,822
up €4,822 (+9.7%), from €49,764 to €54,586
- Gross operating margin -€42,231
down €42,231 (-91.6%), from €46,100 to €3,869
- Financial income +€483
up €483 (+53.4%), from €905 to €1,387
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €102,488 | €58,830 | -€43,658 | -42.6% |
| Fixed assets | 21/28 | €1,179 | €84 | -€1,094 | -92.8% |
| Tangible fixed assets | 22/27 | €1,179 | €84 | -€1,094 | -92.8% |
| Furniture and vehicles | 24 | €1,179 | €84 | -€1,094 | -92.8% |
| Current assets | 29/58 | €101,309 | €58,746 | -€42,563 | -42.0% |
| Amounts receivable within one year | 40/41 | €100,989 | €50,264 | -€50,725 | -50.2% |
| Trade receivables | 40 | €75,819 | €21,636 | -€54,183 | -71.5% |
| Other amounts receivable | 41 | €25,171 | €28,628 | +€3,457 | +13.7% |
| Cash at bank and in hand | 54/58 | €320 | €8,482 | +€8,162 | +2552.3% |
| Total equity and liabilities | 10/49 | €102,488 | €58,830 | -€43,658 | -42.6% |
| Equity | 10/15 | €50,764 | €55,586 | +€4,822 | +9.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,764 | €54,586 | +€4,822 | +9.7% |
| Amounts payable | 17/49 | €51,724 | €3,244 | -€48,480 | -93.7% |
| Amounts payable within one year | 42/48 | €51,724 | €3,244 | -€48,480 | -93.7% |
| Trade debts | 44 | €50,885 | €1,533 | -€49,353 | -97.0% |
| Suppliers | 440/4 | €50,885 | €1,533 | -€49,353 | -97.0% |
| Taxes, remuneration and social security | 45 | €838 | €1,711 | +€873 | +104.1% |
| Taxes | 450/3 | €838 | €1,711 | +€873 | +104.1% |
| Gross operating margin | 9900 | €46,100 | €3,869 | -€42,231 | -91.6% |
| Operating profit (loss) | 9901 | €46,100 | €3,869 | -€42,231 | -91.6% |
| Financial income | 75/76B | €905 | €1,387 | +€483 | +53.4% |
| Recurring financial income | 75 | €905 | €1,387 | +€483 | +53.4% |
| Financial charges | 65/66B | €583 | €435 | -€148 | -25.4% |
| Recurring financial charges | 65 | €583 | €435 | -€148 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €46,422 | €4,822 | -€41,600 | -89.6% |
| Profit (loss) for the period | 9904 | €46,422 | €4,822 | -€41,600 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,422 | €4,822 | -€41,600 | -89.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.