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IVB 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.

What changed

IVB CONSTRUCT

BE 0783.705.857
NACE 41.001, General construction of residential buildings
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€81,218
2023 · €49,964+€31,254
Equity
€22,332
2023 · €11,114+€11,218
Cash
-
not filed
Balance sheet total
€92,332
2023 · €51,114+€41,218

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€41,218

    up €41,218 (+80.6%), from €51,114 to €92,332

    of which Trade receivables: +€61,906

Equity and liabilities
  • Other debts +€30,000

    up €30,000 (+75.0%), from €40,000 to €70,000

  • Profit (loss) carried forward +€11,218

    up €11,218 (+113%), from €9,964 to €21,182

Income statement
  • Financial income +€20,000

    new in 2024: €20,000

  • Gross operating margin +€11,098

    up €11,098 (+22.1%), from €50,120 to €61,218

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €49,964
Gross operating margin +€11,098
Staff costs +€156
Financial income +€20,000
Result 2024 €81,218
raises the result

Derived cash bridge

cash 2023 to 2024

Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.

Every line side by side 20 lines
Line Code 2023 2024 Change %
Total assets 20/58 €51,114 €92,332 +€41,218 +80.6%
Current assets 29/58 €51,114 €92,332 +€41,218 +80.6%
Amounts receivable within one year 40/41 €51,114 €92,332 +€41,218 +80.6%
Trade receivables 40 - €61,906 +€61,906
Other amounts receivable 41 €51,114 €30,426 -€20,688 -40.5%
Total equity and liabilities 10/49 €51,114 €92,332 +€41,218 +80.6%
Equity 10/15 €11,114 €22,332 +€11,218 +101%
Contributions 10/11 €1,150 €1,150 = 0.0%
Profit (loss) carried forward 14 €9,964 €21,182 +€11,218 +113%
Amounts payable 17/49 €40,000 €70,000 +€30,000 +75.0%
Amounts payable within one year 42/48 €40,000 €70,000 +€30,000 +75.0%
Other amounts payable 47/48 €40,000 €70,000 +€30,000 +75.0%
Remuneration, social security and pensions 62 €156 - -€156
Gross operating margin 9900 €50,120 €61,218 +€11,098 +22.1%
Operating profit (loss) 9901 €49,964 €61,218 +€11,254 +22.5%
Financial income 75/76B - €20,000 +€20,000
Recurring financial income 75 - €20,000 +€20,000
Profit (loss) for the period before taxes 9903 €49,964 €81,218 +€31,254 +62.6%
Profit (loss) for the period 9904 €49,964 €81,218 +€31,254 +62.6%
Profit (loss) for the period to be appropriated 9905 €49,964 €81,218 +€31,254 +62.6%

Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.