IST 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.
IST CONSTRUCT
Largest movements
- Cash -€5
no longer reported in 2025 (was €5)
mainly Net result for the year (-€520) and Trade debts (-€7)
- Other debts +€521
up €521 (+5.9%), from €8,840 to €9,361
- Profit (loss) carried forward -€520
down €520 (-0.2%), from -€270,110 to -€270,630
- Trade debts -€7
down €7 (0.0%), from €260,275 to €260,268
- Short-term financial debts +€1
new in 2025: €1
- Gross operating margin -€209
down €209, from €143 to -€66
- Other operating charges -€7
down €7 (-1.7%), from €415 to €408
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 | €5 | - | -€5 | |
| Current assets | 29/58 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €5 | - | -€5 | |
| Total equity and liabilities | 10/49 | €5 | - | -€5 | |
| Equity | 10/15 | -€269,110 | -€269,630 | -€520 | -0.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€270,110 | -€270,630 | -€520 | -0.2% |
| Amounts payable | 17/49 | €269,115 | €269,630 | +€515 | +0.2% |
| Amounts payable within one year | 42/48 | €269,115 | €269,630 | +€515 | +0.2% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €260,275 | €260,268 | -€7 | 0.0% |
| Suppliers | 440/4 | €260,275 | €260,268 | -€7 | 0.0% |
| Other amounts payable | 47/48 | €8,840 | €9,361 | +€521 | +5.9% |
| Other operating charges | 640/8 | €415 | €408 | -€7 | -1.7% |
| Gross operating margin | 9900 | €143 | -€66 | -€209 | |
| Operating profit (loss) | 9901 | -€273 | -€474 | -€202 | -74.0% |
| Financial charges | 65/66B | €45 | €46 | +€1 | +1.2% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | -€318 | -€520 | -€202 | -63.7% |
| Profit (loss) for the period | 9904 | -€318 | -€520 | -€202 | -63.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€318 | -€520 | -€202 | -63.7% |
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 7 October 2026 via checked.be.