BUCOVINA 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.
BUCOVINA CONSTRUCT
Largest movements
- Receivables after one year +€253,083
new in 2024: €253,083
of which Trade receivables: +€213,789
- Receivables within one year -€194,194
no longer reported in 2024 (was €194,194)
of which Trade receivables: -€110,756
- Deferred charges and accrued income -€121,467
down €121,467 (-81.5%), from €149,016 to €27,549
- Tangible fixed assets -€57,194
down €57,194 (-11.1%), from €514,980 to €457,786
- Trade debts -€65,263
down €65,263 (-78.5%), from €83,133 to €17,869
- Debts after one year -€55,203
down €55,203 (-19.0%), from €290,620 to €235,418
- Current portion of long-term debt +€24,096
new in 2024: €24,096
- Short-term financial debts -€15,322
down €15,322 (-38.5%), from €39,822 to €24,500
- Tax, wage and social debts -€10,332
down €10,332 (-84.1%), from €12,282 to €1,950
- Purchases and services +€65,169
up €65,169 (+34.6%), from €188,137 to €253,306
- Gross operating margin -€61,244
down €61,244 (-38.6%), from €158,581 to €97,336
- Turnover +€41,629
up €41,629 (+13.5%), from €309,014 to €350,643
- Write-downs +€30,831
new in 2024: €30,831
- Taxes -€8,750
no longer reported in 2024 (was €8,750)
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 | €858,480 | €743,255 | -€115,225 | -13.4% |
| Fixed assets | 21/28 | €515,270 | €458,076 | -€57,194 | -11.1% |
| Tangible fixed assets | 22/27 | €514,980 | €457,786 | -€57,194 | -11.1% |
| Land and buildings | 22 | €477,048 | €457,786 | -€19,262 | -4.0% |
| Plant, machinery and equipment | 23 | €24,689 | - | -€24,689 | |
| Furniture and vehicles | 24 | €13,242 | - | -€13,242 | |
| Financial fixed assets | 28 | €290 | €290 | = | 0.0% |
| Current assets | 29/58 | €343,210 | €285,179 | -€58,031 | -16.9% |
| Amounts receivable after more than one year | 29 | - | €253,083 | +€253,083 | |
| Trade receivables | 290 | - | €213,789 | +€213,789 | |
| Other amounts receivable | 291 | - | €39,294 | +€39,294 | |
| Amounts receivable within one year | 40/41 | €194,194 | - | -€194,194 | |
| Trade receivables | 40 | €110,756 | - | -€110,756 | |
| Other amounts receivable | 41 | €83,438 | - | -€83,438 | |
| Cash at bank and in hand | 54/58 | - | €4,547 | +€4,547 | |
| Deferred charges and accrued income | 490/1 | €149,016 | €27,549 | -€121,467 | -81.5% |
| Total equity and liabilities | 10/49 | €858,480 | €743,255 | -€115,225 | -13.4% |
| Equity | 10/15 | €432,622 | €439,422 | +€6,800 | +1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €370,320 | €370,320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €370,320 | +€368,460 | +19809.7% |
| Reserves not available under the articles | 1311 | €1,860 | €370,320 | +€368,460 | +19809.7% |
| Distributable reserves | 133 | €368,460 | - | -€368,460 | |
| Profit (loss) carried forward | 14 | €43,703 | €50,503 | +€6,800 | +15.6% |
| Amounts payable | 17/49 | €425,858 | €303,833 | -€122,025 | -28.7% |
| Amounts payable after more than one year | 17 | €290,620 | €235,418 | -€55,203 | -19.0% |
| Financial debts | 170/4 | €290,620 | €235,418 | -€55,203 | -19.0% |
| Amounts payable within one year | 42/48 | €135,238 | €68,415 | -€66,822 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | - | €24,096 | +€24,096 | |
| Financial debts | 43 | €39,822 | €24,500 | -€15,322 | -38.5% |
| Credit institutions | 430/8 | €39,822 | €24,500 | -€15,322 | -38.5% |
| Trade debts | 44 | €83,133 | €17,869 | -€65,263 | -78.5% |
| Suppliers | 440/4 | €83,133 | €17,869 | -€65,263 | -78.5% |
| Taxes, remuneration and social security | 45 | €12,282 | €1,950 | -€10,332 | -84.1% |
| Taxes | 450/3 | €12,282 | €1,950 | -€10,332 | -84.1% |
| Turnover | 70 | €309,014 | €350,643 | +€41,629 | +13.5% |
| Goods, raw materials, services and sundry goods | 60/61 | €188,137 | €253,306 | +€65,169 | +34.6% |
| Remuneration, social security and pensions | 62 | - | €2,250 | +€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,616 | €35,015 | +€1,400 | +4.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €30,831 | +€30,831 | |
| Other operating charges | 640/8 | €5,067 | €10,017 | +€4,950 | +97.7% |
| Non-recurring operating charges | 66A | €66,552 | - | -€66,552 | |
| Gross operating margin | 9900 | €158,581 | €97,336 | -€61,244 | -38.6% |
| Operating profit (loss) | 9901 | €53,346 | €19,223 | -€34,123 | -64.0% |
| Financial income | 75/76B | - | €84 | +€84 | |
| Recurring financial income | 75 | - | €84 | +€84 | |
| Financial charges | 65/66B | €20,781 | €21,257 | +€476 | +2.3% |
| Recurring financial charges | 65 | €20,781 | €21,257 | +€476 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €32,565 | -€1,950 | -€34,515 | |
| Income taxes | 67/77 | €8,750 | - | -€8,750 | |
| Profit (loss) for the period | 9904 | €23,815 | -€1,950 | -€25,765 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,815 | -€1,950 | -€25,765 |
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 1 October 2026 via checked.be.