BOUWONDERNEMING VDB 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.
BOUWONDERNEMING VDB CONSTRUCT
Largest movements
- Cash +€88,360
up €88,360 (+34.5%), from €256,439 to €344,799
mainly Trade debts (+€73,512) and Net result for the year (+€71,644)
- Stocks and contracts +€53,262
up €53,262 (+1576.2%), from €3,379 to €56,641
- Tangible fixed assets -€16,771
down €16,771 (-4.3%), from €387,962 to €371,191
of which Land and buildings: -€10,398
- Deferred charges and accrued income +€9,778
up €9,778 (+93.6%), from €10,442 to €20,220
- Trade debts +€73,512
up €73,512 (+197.3%), from €37,256 to €110,768
- Reserves +€43,183
up €43,183 (+9.7%), from €447,015 to €490,198
of which Distributable reserves: +€43,183
- Other debts +€25,766
up €25,766 (+56.8%), from €45,389 to €71,155
- Debts after one year -€10,206
down €10,206 (-5.4%), from €189,434 to €179,229
- Gross operating margin -€54,117
down €54,117 (-13.3%), from €406,535 to €352,418
- Depreciation -€39,111
down €39,111 (-54.4%), from €71,903 to €32,792
- Financial income -€8,064
down €8,064 (-80.7%), from €9,990 to €1,926
- Financial charges +€7,775
up €7,775 (+211.0%), from €3,685 to €11,461
- Taxes -€6,649
down €6,649 (-18.4%), from €36,192 to €29,543
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 | €750,716 | €887,167 | +€136,451 | +18.2% |
| Fixed assets | 21/28 | €387,962 | €371,191 | -€16,771 | -4.3% |
| Tangible fixed assets | 22/27 | €387,962 | €371,191 | -€16,771 | -4.3% |
| Land and buildings | 22 | €347,737 | €337,339 | -€10,398 | -3.0% |
| Plant, machinery and equipment | 23 | €20,672 | €18,238 | -€2,433 | -11.8% |
| Furniture and vehicles | 24 | €19,553 | €15,613 | -€3,940 | -20.1% |
| Current assets | 29/58 | €362,754 | €515,976 | +€153,222 | +42.2% |
| Stocks and contracts in progress | 3 | €3,379 | €56,641 | +€53,262 | +1576.2% |
| Stocks | 30/36 | €3,379 | €56,641 | +€53,262 | +1576.2% |
| Amounts receivable within one year | 40/41 | €92,494 | €89,311 | -€3,183 | -3.4% |
| Trade receivables | 40 | €64,024 | €63,435 | -€589 | -0.9% |
| Other amounts receivable | 41 | €28,470 | €25,876 | -€2,594 | -9.1% |
| Current investments | 50/53 | - | €5,005 | +€5,005 | |
| Cash at bank and in hand | 54/58 | €256,439 | €344,799 | +€88,360 | +34.5% |
| Deferred charges and accrued income | 490/1 | €10,442 | €20,220 | +€9,778 | +93.6% |
| Total equity and liabilities | 10/49 | €750,716 | €887,167 | +€136,451 | +18.2% |
| Equity | 10/15 | €461,415 | €504,598 | +€43,183 | +9.4% |
| Contributions | 10/11 | €14,400 | €14,400 | = | 0.0% |
| Reserves | 13 | €447,015 | €490,198 | +€43,183 | +9.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €447,015 | €490,198 | +€43,183 | +9.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €289,301 | €382,569 | +€93,268 | +32.2% |
| Amounts payable after more than one year | 17 | €189,434 | €179,229 | -€10,206 | -5.4% |
| Financial debts | 170/4 | €189,434 | €179,229 | -€10,206 | -5.4% |
| Amounts payable within one year | 42/48 | €99,867 | €203,340 | +€103,474 | +103.6% |
| Current portion of amounts payable after more than one year | 42 | €9,759 | €10,206 | +€447 | +4.6% |
| Trade debts | 44 | €37,256 | €110,768 | +€73,512 | +197.3% |
| Suppliers | 440/4 | €37,256 | €110,768 | +€73,512 | +197.3% |
| Taxes, remuneration and social security | 45 | €7,463 | €11,211 | +€3,748 | +50.2% |
| Taxes | 450/3 | €633 | €969 | +€335 | +53.0% |
| Remuneration and social security | 454/9 | €6,830 | €10,242 | +€3,413 | +50.0% |
| Other amounts payable | 47/48 | €45,389 | €71,155 | +€25,766 | +56.8% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €206,977 | €204,065 | -€2,912 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,903 | €32,792 | -€39,111 | -54.4% |
| Other operating charges | 640/8 | €5,481 | €4,840 | -€641 | -11.7% |
| Non-recurring operating charges | 66A | €8,400 | €0 | -€8,400 | -100.0% |
| Gross operating margin | 9900 | €406,535 | €352,418 | -€54,117 | -13.3% |
| Operating profit (loss) | 9901 | €113,775 | €110,721 | -€3,054 | -2.7% |
| Financial income | 75/76B | €9,990 | €1,926 | -€8,064 | -80.7% |
| Recurring financial income | 75 | €9,990 | €1,926 | -€8,064 | -80.7% |
| Financial charges | 65/66B | €3,685 | €11,461 | +€7,775 | +211.0% |
| Recurring financial charges | 65 | €3,685 | €11,461 | +€7,775 | +211.0% |
| Profit (loss) for the period before taxes | 9903 | €120,080 | €101,187 | -€18,893 | -15.7% |
| Income taxes | 67/77 | €36,192 | €29,543 | -€6,649 | -18.4% |
| Profit (loss) for the period | 9904 | €83,888 | €71,644 | -€12,244 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €83,888 | €71,644 | -€12,244 | -14.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.