Iron Constructions: 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.
Iron Constructions
Largest movements
- Receivables within one year +€13,133
up €13,133 (+116%), from €11,329 to €24,462
of which Trade receivables: +€10,733
- Cash +€11,654
up €11,654 (+57.0%), from €20,447 to €32,101
mainly Net result for the year (+€19,461) and Deferred charges and accrued income (+€10,773)
- Deferred charges and accrued income -€10,773
down €10,773 (-94.9%), from €11,357 to €584
- Tangible fixed assets +€6,086
up €6,086 (+232%), from €2,629 to €8,715
of which Furniture and vehicles: +€5,497
- Profit (loss) carried forward +€19,461
up €19,461 (+92.4%), from €21,068 to €40,529
- Tax, wage and social debts +€1,836
up €1,836 (+12.2%), from €15,070 to €16,905
of which Taxes: +€3,965
- Trade debts -€1,197
down €1,197 (-15.7%), from €7,623 to €6,426
- Gross operating margin +€71,605
up €71,605 (+164%), from €43,753 to €115,358
- Financial charges +€55,316
up €55,316 (+3,781%), from €1,463 to €56,779
- Taxes +€2,155
up €2,155 (+368%), from €586 to €2,741
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 | €45,761 | €65,861 | +€20,100 | +43.9% |
| Fixed assets | 21/28 | €2,629 | €8,715 | +€6,086 | +232% |
| Tangible fixed assets | 22/27 | €2,629 | €8,715 | +€6,086 | +232% |
| Plant, machinery and equipment | 23 | €1,656 | €2,245 | +€589 | +35.6% |
| Furniture and vehicles | 24 | €973 | €6,470 | +€5,497 | +565% |
| Current assets | 29/58 | €43,132 | €57,146 | +€14,014 | +32.5% |
| Amounts receivable within one year | 40/41 | €11,329 | €24,462 | +€13,133 | +116% |
| Trade receivables | 40 | - | €10,733 | +€10,733 | |
| Other amounts receivable | 41 | €11,329 | €13,729 | +€2,400 | +21.2% |
| Cash at bank and in hand | 54/58 | €20,447 | €32,101 | +€11,654 | +57.0% |
| Deferred charges and accrued income | 490/1 | €11,357 | €584 | -€10,773 | -94.9% |
| Total equity and liabilities | 10/49 | €45,761 | €65,861 | +€20,100 | +43.9% |
| Equity | 10/15 | €23,068 | €42,529 | +€19,461 | +84.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,068 | €40,529 | +€19,461 | +92.4% |
| Amounts payable | 17/49 | €22,693 | €23,332 | +€639 | +2.8% |
| Amounts payable within one year | 42/48 | €22,693 | €23,332 | +€639 | +2.8% |
| Trade debts | 44 | €7,623 | €6,426 | -€1,197 | -15.7% |
| Suppliers | 440/4 | €7,623 | €6,426 | -€1,197 | -15.7% |
| Taxes, remuneration and social security | 45 | €15,070 | €16,905 | +€1,836 | +12.2% |
| Taxes | 450/3 | €1,876 | €5,842 | +€3,965 | +211% |
| Remuneration and social security | 454/9 | €13,194 | €11,064 | -€2,130 | -16.1% |
| Remuneration, social security and pensions | 62 | €34,209 | €34,093 | -€116 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €857 | €1,740 | +€884 | +103% |
| Other operating charges | 640/8 | €921 | €1,135 | +€214 | +23.3% |
| Non-recurring operating charges | 66A | €432 | - | -€432 | |
| Gross operating margin | 9900 | €43,753 | €115,358 | +€71,605 | +164% |
| Operating profit (loss) | 9901 | €7,334 | €78,389 | +€71,055 | +969% |
| Financial income | 75/76B | €504 | €592 | +€88 | +17.4% |
| Recurring financial income | 75 | €504 | €592 | +€88 | +17.4% |
| Financial charges | 65/66B | €1,463 | €56,779 | +€55,316 | +3,781% |
| Recurring financial charges | 65 | €1,463 | €56,779 | +€55,316 | +3,781% |
| Profit (loss) for the period before taxes | 9903 | €6,375 | €22,202 | +€15,827 | +248% |
| Income taxes | 67/77 | €586 | €2,741 | +€2,155 | +368% |
| Profit (loss) for the period | 9904 | €5,789 | €19,461 | +€13,672 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €5,789 | €19,461 | +€13,672 | +236% |
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 14 October 2026 via checked.be.