A VLAD CONSTRUCT: what changed
What changed
A VLAD CONSTRUCT
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€31,032
2023 · €9,704+€21,327
Equity
€82,246
2023 · €51,215+€31,032
Cash
€2,532
2023 · €254+€2,278
Balance sheet total
€121,693
2023 · €79,185+€42,507
Largest movements
Assets
- Receivables within one year +€37,773
up €37,773 (+52.4%), from €72,041 to €109,814
of which Other amounts receivable: +€53,832
- Financial fixed assets +€3,000
new in 2024: €3,000
- Cash +€2,278
up €2,278 (+897%), from €254 to €2,532
mainly Net result for the year (+€31,032) and Trade debts (+€10,382)
Equity and liabilities
- Reserves +€30,000
new in 2024: €30,000
- Trade debts +€10,382
up €10,382 (+101%), from €10,240 to €20,622
Income statement
- Gross operating margin +€25,720
up €25,720 (+101%), from €25,504 to €51,224
- Taxes +€8,911
up €8,911 (+180%), from €4,957 to €13,868
- Other operating charges -€4,335
down €4,335 (-70.7%), from €6,128 to €1,793
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€9,704
Gross operating margin
+€25,720
Depreciation
+€448
Other operating charges
+€4,335
Financial income
+€46
Financial charges
-€311
Taxes
-€8,911
Result 2024
€31,032
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€9,460
Investment
-€7,182
Financing
€0
Cash 2023
€254
From operations (derived)
+€9,460
Net result for the year
+€31,032
Depreciation
+€4,117
Receivables within one year
-€37,773
Deferred charges and accrued income
+€609
Trade debts
+€10,382
Tax, wage and social debts
+€1,094
Investment (derived)
-€7,182
Investment in fixed assets (net)
-€7,182
Cash 2024
€2,532
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,185 | €121,693 | +€42,507 | +53.7% |
| Fixed assets | 21/28 | €5,479 | €8,543 | +€3,065 | +55.9% |
| Tangible fixed assets | 22/27 | €5,479 | €5,543 | +€65 | +1.2% |
| Plant, machinery and equipment | 23 | €1,269 | €1,071 | -€197 | -15.5% |
| Furniture and vehicles | 24 | €4,210 | €4,472 | +€262 | +6.2% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €73,707 | €113,149 | +€39,442 | +53.5% |
| Amounts receivable within one year | 40/41 | €72,041 | €109,814 | +€37,773 | +52.4% |
| Trade receivables | 40 | €45,404 | €29,345 | -€16,059 | -35.4% |
| Other amounts receivable | 41 | €26,637 | €80,469 | +€53,832 | +202% |
| Cash at bank and in hand | 54/58 | €254 | €2,532 | +€2,278 | +897% |
| Deferred charges and accrued income | 490/1 | €1,412 | €803 | -€609 | -43.1% |
| Total equity and liabilities | 10/49 | €79,185 | €121,693 | +€42,507 | +53.7% |
| Equity | 10/15 | €51,215 | €82,246 | +€31,032 | +60.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €48,215 | €49,246 | +€1,032 | +2.1% |
| Amounts payable | 17/49 | €27,971 | €39,446 | +€11,476 | +41.0% |
| Amounts payable within one year | 42/48 | €27,971 | €39,446 | +€11,476 | +41.0% |
| Trade debts | 44 | €10,240 | €20,622 | +€10,382 | +101% |
| Suppliers | 440/4 | €10,240 | €20,622 | +€10,382 | +101% |
| Taxes, remuneration and social security | 45 | €17,731 | €18,825 | +€1,094 | +6.2% |
| Taxes | 450/3 | €8,831 | €18,825 | +€9,994 | +113% |
| Remuneration and social security | 454/9 | €8,900 | - | -€8,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,565 | €4,117 | -€448 | -9.8% |
| Other operating charges | 640/8 | €6,128 | €1,793 | -€4,335 | -70.7% |
| Gross operating margin | 9900 | €25,504 | €51,224 | +€25,720 | +101% |
| Operating profit (loss) | 9901 | €14,811 | €45,315 | +€30,503 | +206% |
| Financial income | 75/76B | €6 | €52 | +€46 | +704% |
| Recurring financial income | 75 | €6 | €52 | +€46 | +704% |
| Financial charges | 65/66B | €157 | €468 | +€311 | +199% |
| Recurring financial charges | 65 | €157 | €468 | +€311 | +199% |
| Profit (loss) for the period before taxes | 9903 | €14,661 | €44,899 | +€30,238 | +206% |
| Income taxes | 67/77 | €4,957 | €13,868 | +€8,911 | +180% |
| Profit (loss) for the period | 9904 | €9,704 | €31,032 | +€21,327 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €9,704 | €31,032 | +€21,327 | +220% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.