IVENS BOUWONDERNEMING: what changed
IVENS BOUWONDERNEMING
Largest movements
- Receivables within one year +€149,876
up €149,876 (+1,038%), from €14,442 to €164,318
of which Trade receivables: +€140,316
- Stocks and contracts -€121,335
down €121,335 (-64.6%), from €187,835 to €66,500
of which Contracts in progress: -€100,425
- Tangible fixed assets +€34,630
up €34,630 (+8.6%), from €401,261 to €435,892
of which Land and buildings: +€43,154
- Accrued charges and deferred income +€42,263
new in 2025: €42,263
- Reserves +€32,687
up €32,687 (+85.8%), from €38,087 to €70,773
of which Distributable reserves: +€32,687
- Short-term financial debts -€14,323
down €14,323 (-100%), from €14,323 to €0
- Other debts +€7,385
up €7,385 (+182%), from €4,067 to €11,452
- Tax, wage and social debts -€7,255
down €7,255 (-38.6%), from €18,799 to €11,544
of which Remuneration and social security: -€3,747
- Gross operating margin +€18,322
up €18,322 (+9.1%), from €201,489 to €219,811
- Depreciation -€11,598
down €11,598 (-31.7%), from €36,586 to €24,987
- Staff costs +€8,317
up €8,317 (+5.8%), from €143,530 to €151,846
- Other operating charges -€5,461
down €5,461 (-97.4%), from €5,610 to €149
- Financial charges -€3,264
down €3,264 (-29.3%), from €11,132 to €7,868
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,015 | €667,686 | +€61,672 | +10.2% |
| Fixed assets | 21/28 | €401,261 | €435,892 | +€34,630 | +8.6% |
| Tangible fixed assets | 22/27 | €401,261 | €435,892 | +€34,630 | +8.6% |
| Land and buildings | 22 | €334,562 | €377,717 | +€43,154 | +12.9% |
| Plant, machinery and equipment | 23 | €58,753 | €52,732 | -€6,021 | -10.2% |
| Furniture and vehicles | 24 | €7,946 | €5,443 | -€2,503 | -31.5% |
| Current assets | 29/58 | €204,753 | €231,795 | +€27,041 | +13.2% |
| Stocks and contracts in progress | 3 | €187,835 | €66,500 | -€121,335 | -64.6% |
| Stocks | 30/36 | €32,410 | €11,500 | -€20,910 | -64.5% |
| Contracts in progress | 37 | €155,425 | €55,000 | -€100,425 | -64.6% |
| Amounts receivable within one year | 40/41 | €14,442 | €164,318 | +€149,876 | +1,038% |
| Trade receivables | 40 | €14,442 | €154,758 | +€140,316 | +972% |
| Other amounts receivable | 41 | €0 | €9,560 | +€9,560 | |
| Cash at bank and in hand | 54/58 | €0 | €281 | +€281 | |
| Deferred charges and accrued income | 490/1 | €2,476 | €695 | -€1,781 | -71.9% |
| Total equity and liabilities | 10/49 | €606,015 | €667,686 | +€61,672 | +10.2% |
| Equity | 10/15 | €73,087 | €105,773 | +€32,687 | +44.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €38,087 | €70,773 | +€32,687 | +85.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,087 | €70,773 | +€32,687 | +85.8% |
| Amounts payable | 17/49 | €532,928 | €561,913 | +€28,985 | +5.4% |
| Amounts payable after more than one year | 17 | €399,158 | €406,351 | +€7,192 | +1.8% |
| Financial debts | 170/4 | €212,158 | €179,351 | -€32,808 | -15.5% |
| Other amounts payable | 178/9 | €187,000 | €227,000 | +€40,000 | +21.4% |
| Amounts payable within one year | 42/48 | €133,770 | €113,299 | -€20,470 | -15.3% |
| Current portion of amounts payable after more than one year | 42 | €43,848 | €43,688 | -€161 | -0.4% |
| Financial debts | 43 | €14,323 | €0 | -€14,323 | -100% |
| Credit institutions | 430/8 | €14,323 | €0 | -€14,323 | -100% |
| Trade debts | 44 | €52,731 | €46,615 | -€6,116 | -11.6% |
| Suppliers | 440/4 | €52,731 | €46,615 | -€6,116 | -11.6% |
| Taxes, remuneration and social security | 45 | €18,799 | €11,544 | -€7,255 | -38.6% |
| Taxes | 450/3 | €10,910 | €7,402 | -€3,508 | -32.2% |
| Remuneration and social security | 454/9 | €7,889 | €4,142 | -€3,747 | -47.5% |
| Other amounts payable | 47/48 | €4,067 | €11,452 | +€7,385 | +182% |
| Accrued charges and deferred income | 492/3 | - | €42,263 | +€42,263 | |
| Remuneration, social security and pensions | 62 | €143,530 | €151,846 | +€8,317 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,586 | €24,987 | -€11,598 | -31.7% |
| Other operating charges | 640/8 | €5,610 | €149 | -€5,461 | -97.4% |
| Gross operating margin | 9900 | €201,489 | €219,811 | +€18,322 | +9.1% |
| Operating profit (loss) | 9901 | €15,764 | €42,829 | +€27,065 | +172% |
| Financial income | 75/76B | €600 | €35 | -€565 | -94.1% |
| Recurring financial income | 75 | €600 | €35 | -€565 | -94.1% |
| Financial charges | 65/66B | €11,132 | €7,868 | -€3,264 | -29.3% |
| Recurring financial charges | 65 | €11,132 | €7,868 | -€3,264 | -29.3% |
| Profit (loss) for the period before taxes | 9903 | €5,232 | €34,997 | +€29,765 | +569% |
| Income taxes | 67/77 | - | €2,311 | +€2,311 | |
| Profit (loss) for the period | 9904 | €5,232 | €32,687 | +€27,454 | +525% |
| Profit (loss) for the period to be appropriated | 9905 | €5,232 | €32,687 | +€27,454 | +525% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.