BVI 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.
BVI CONSTRUCT
Largest movements
- Receivables within one year +€74,561
up €74,561 (+68.8%), from €108,347 to €182,908
of which Trade receivables: +€64,057
- Tangible fixed assets -€3,807
down €3,807 (-5.1%), from €74,098 to €70,291
of which Leasing and similar rights: -€12,775
- Trade debts +€108,590
up €108,590 (+10520.6%), from €1,032 to €109,622
- Other debts -€36,862
down €36,862 (-100.0%), from €36,862 to €0
- Profit (loss) carried forward +€21,684
up €21,684 (+46.2%), from €46,942 to €68,626
- Debts after one year -€13,763
down €13,763 (-26.0%), from €52,897 to €39,134
- Current portion of long-term debt -€6,028
down €6,028 (-30.5%), from €19,791 to €13,763
- Purchases and services +€284,963
up €284,963 (+81.1%), from €351,536 to €636,498
- Turnover +€254,144
up €254,144 (+57.9%), from €438,771 to €692,915
- Gross operating margin -€30,819
down €30,819 (-35.3%), from €87,236 to €56,417
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €182,893 | €255,327 | +€72,434 | +39.6% |
| Fixed assets | 21/28 | €74,546 | €70,739 | -€3,807 | -5.1% |
| Tangible fixed assets | 22/27 | €74,098 | €70,291 | -€3,807 | -5.1% |
| Plant, machinery and equipment | 23 | €7,215 | €19,742 | +€12,527 | +173.6% |
| Furniture and vehicles | 24 | €27,521 | €23,962 | -€3,559 | -12.9% |
| Leasing and similar rights | 25 | €39,362 | €26,587 | -€12,775 | -32.5% |
| Financial fixed assets | 28 | €448 | €448 | = | 0.0% |
| Current assets | 29/58 | €108,347 | €184,588 | +€76,241 | +70.4% |
| Amounts receivable within one year | 40/41 | €108,347 | €182,908 | +€74,561 | +68.8% |
| Trade receivables | 40 | €86,543 | €150,600 | +€64,057 | +74.0% |
| Other amounts receivable | 41 | €21,804 | €32,308 | +€10,503 | +48.2% |
| Cash at bank and in hand | 54/58 | €0 | €1,680 | +€1,680 | |
| Total equity and liabilities | 10/49 | €182,893 | €255,327 | +€72,434 | +39.6% |
| Equity | 10/15 | €51,942 | €73,626 | +€21,684 | +41.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | €5,000 | = | 0.0% |
| Issued capital | 100 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,942 | €68,626 | +€21,684 | +46.2% |
| Amounts payable | 17/49 | €130,951 | €181,700 | +€50,750 | +38.8% |
| Amounts payable after more than one year | 17 | €52,897 | €39,134 | -€13,763 | -26.0% |
| Financial debts | 170/4 | €52,897 | €39,134 | -€13,763 | -26.0% |
| Amounts payable within one year | 42/48 | €78,053 | €142,566 | +€64,513 | +82.7% |
| Current portion of amounts payable after more than one year | 42 | €19,791 | €13,763 | -€6,028 | -30.5% |
| Financial debts | 43 | €4,640 | €0 | -€4,640 | -100.0% |
| Credit institutions | 430/8 | €4,640 | €0 | -€4,640 | -100.0% |
| Trade debts | 44 | €1,032 | €109,622 | +€108,590 | +10520.6% |
| Suppliers | 440/4 | €1,032 | €109,622 | +€108,590 | +10520.6% |
| Taxes, remuneration and social security | 45 | €15,728 | €19,181 | +€3,453 | +22.0% |
| Taxes | 450/3 | €15,728 | €19,181 | +€3,453 | +22.0% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €36,862 | €0 | -€36,862 | -100.0% |
| Turnover | 70 | €438,771 | €692,915 | +€254,144 | +57.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €351,536 | €636,498 | +€284,963 | +81.1% |
| Remuneration, social security and pensions | 62 | €1,336 | €728 | -€608 | -45.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,714 | €18,554 | +€1,840 | +11.0% |
| Other operating charges | 640/8 | €280 | €6,127 | +€5,848 | +2092.1% |
| Gross operating margin | 9900 | €87,236 | €56,417 | -€30,819 | -35.3% |
| Operating profit (loss) | 9901 | €68,906 | €31,008 | -€37,899 | -55.0% |
| Financial income | 75/76B | €54 | €77 | +€23 | +43.0% |
| Recurring financial income | 75 | €54 | €77 | +€23 | +43.0% |
| Financial charges | 65/66B | €3,592 | €3,379 | -€212 | -5.9% |
| Recurring financial charges | 65 | €3,592 | €3,379 | -€212 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €65,369 | €27,705 | -€37,663 | -57.6% |
| Income taxes | 67/77 | €10,577 | €6,021 | -€4,556 | -43.1% |
| Profit (loss) for the period | 9904 | €54,792 | €21,684 | -€33,108 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €54,792 | €21,684 | -€33,108 | -60.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.