B&V 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.
B&V CONSTRUCT
Largest movements
- Stocks and contracts +€40,006
up €40,006 (+47.8%), from €83,674 to €123,679
of which Contracts in progress: +€40,006
- Tangible fixed assets -€27,685
down €27,685 (-6.6%), from €416,760 to €389,074
of which Land and buildings: -€23,323
- Receivables within one year -€9,281
down €9,281 (-20.1%), from €46,138 to €36,857
of which Trade receivables: -€26,890
- Other debts +€38,893
up €38,893 (+64.8%), from €60,028 to €98,921
- Debts after one year -€26,772
down €26,772 (-13.8%), from €194,489 to €167,717
- Trade debts -€8,307
down €8,307 (-83.0%), from €10,013 to €1,706
- Gross operating margin +€7,276
up €7,276 (+26.8%), from €27,141 to €34,417
- Staff costs -€1,671
down €1,671 (-65.7%), from €2,544 to €873
- Financial charges -€617
down €617 (-9.5%), from €6,490 to €5,873
- Depreciation -€401
down €401 (-1.4%), from €28,086 to €27,685
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €606,326 | €607,673 | +€1,347 | +0.2% |
| Fixed assets | 21/28 | €419,953 | €392,074 | -€27,879 | -6.6% |
| Tangible fixed assets | 22/27 | €416,760 | €389,074 | -€27,685 | -6.6% |
| Land and buildings | 22 | €402,846 | €379,523 | -€23,323 | -5.8% |
| Plant, machinery and equipment | 23 | €157 | - | -€157 | |
| Leasing and similar rights | 25 | €13,757 | €9,551 | -€4,205 | -30.6% |
| Financial fixed assets | 28 | €3,194 | €3,000 | -€194 | -6.1% |
| Current assets | 29/58 | €186,373 | €215,599 | +€29,226 | +15.7% |
| Amounts receivable after more than one year | 29 | €52,496 | €48,638 | -€3,859 | -7.4% |
| Other amounts receivable | 291 | €52,496 | €48,638 | -€3,859 | -7.4% |
| Stocks and contracts in progress | 3 | €83,674 | €123,679 | +€40,006 | +47.8% |
| Stocks | 30/36 | €4,000 | €4,000 | = | 0.0% |
| Contracts in progress | 37 | €79,674 | €119,679 | +€40,006 | +50.2% |
| Amounts receivable within one year | 40/41 | €46,138 | €36,857 | -€9,281 | -20.1% |
| Trade receivables | 40 | €34,474 | €7,584 | -€26,890 | -78.0% |
| Other amounts receivable | 41 | €11,664 | €29,274 | +€17,609 | +151.0% |
| Cash at bank and in hand | 54/58 | €3,085 | €5,327 | +€2,242 | +72.7% |
| Deferred charges and accrued income | 490/1 | €980 | €1,098 | +€117 | +12.0% |
| Total equity and liabilities | 10/49 | €606,326 | €607,673 | +€1,347 | +0.2% |
| Equity | 10/15 | €313,154 | €310,051 | -€3,103 | -1.0% |
| Contributions | 10/11 | €360,000 | €360,000 | = | 0.0% |
| Reserves | 13 | €500 | €500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,346 | -€50,449 | -€3,103 | -6.6% |
| Amounts payable | 17/49 | €293,172 | €297,622 | +€4,450 | +1.5% |
| Amounts payable after more than one year | 17 | €194,489 | €167,717 | -€26,772 | -13.8% |
| Financial debts | 170/4 | €194,489 | €167,717 | -€26,772 | -13.8% |
| Amounts payable within one year | 42/48 | €96,386 | €127,400 | +€31,014 | +32.2% |
| Current portion of amounts payable after more than one year | 42 | €26,120 | €26,772 | +€652 | +2.5% |
| Trade debts | 44 | €10,013 | €1,706 | -€8,307 | -83.0% |
| Suppliers | 440/4 | €10,013 | €1,706 | -€8,307 | -83.0% |
| Taxes, remuneration and social security | 45 | €224 | - | -€224 | |
| Remuneration and social security | 454/9 | €224 | - | -€224 | |
| Other amounts payable | 47/48 | €60,028 | €98,921 | +€38,893 | +64.8% |
| Accrued charges and deferred income | 492/3 | €2,297 | €2,505 | +€209 | +9.1% |
| Remuneration, social security and pensions | 62 | €2,544 | €873 | -€1,671 | -65.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,086 | €27,685 | -€401 | -1.4% |
| Other operating charges | 640/8 | €4,015 | €4,144 | +€129 | +3.2% |
| Gross operating margin | 9900 | €27,141 | €34,417 | +€7,276 | +26.8% |
| Operating profit (loss) | 9901 | -€7,504 | €1,714 | +€9,218 | |
| Financial income | 75/76B | €991 | €1,056 | +€64 | +6.5% |
| Recurring financial income | 75 | €991 | €1,056 | +€64 | +6.5% |
| Financial charges | 65/66B | €6,490 | €5,873 | -€617 | -9.5% |
| Recurring financial charges | 65 | €6,490 | €5,873 | -€617 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,002 | -€3,103 | +€9,899 | +76.1% |
| Profit (loss) for the period | 9904 | -€13,002 | -€3,103 | +€9,899 | +76.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,002 | -€3,103 | +€9,899 | +76.1% |
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 10 October 2026 via checked.be.