Constructies VWG: 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.
Constructies VWG
Largest movements
- Receivables within one year +€1.2m
up €1.2m (+585.5%), from €205,814 to €1.4m
of which Other amounts receivable: +€1.2m
- Stocks and contracts +€700,956
up €700,956 (+47.5%), from €1.5m to €2.2m
- Cash +€45,540
up €45,540 (+279.1%), from €16,315 to €61,855
mainly Other debts (+€2.0m) and Trade debts (+€55,959)
- Other debts +€2.0m
up €2.0m (+108.8%), from €1.9m to €3.9m
- Profit (loss) carried forward -€118,946
down €118,946 (-65.3%), from -€182,034 to -€300,980
- Trade debts +€55,959
up €55,959 (+1580.2%), from €3,541 to €59,500
- Purchases and services +€56,251
new in 2025: €56,251
- Financial charges +€34,338
up €34,338 (+104.1%), from €32,970 to €67,308
- Gross operating margin -€7,241
down €7,241 (-18.5%), from -€39,183 to -€46,423
- Other operating charges -€3,888
down €3,888 (-42.5%), from €9,145 to €5,257
- Turnover +€1,079
new in 2025: €1,079
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,702,714 | €3,654,158 | +€2.0m | +114.6% |
| Current assets | 29/58 | €1,702,714 | €3,654,158 | +€2.0m | +114.6% |
| Stocks and contracts in progress | 3 | €1,475,586 | €2,176,541 | +€700,956 | +47.5% |
| Stocks | 30/36 | €1,475,586 | €2,176,541 | +€700,956 | +47.5% |
| Amounts receivable within one year | 40/41 | €205,814 | €1,410,761 | +€1.2m | +585.5% |
| Trade receivables | 40 | €781 | €1,039 | +€259 | +33.2% |
| Other amounts receivable | 41 | €205,033 | €1,409,722 | +€1.2m | +587.6% |
| Cash at bank and in hand | 54/58 | €16,315 | €61,855 | +€45,540 | +279.1% |
| Deferred charges and accrued income | 490/1 | €5,000 | €5,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,702,714 | €3,654,158 | +€2.0m | +114.6% |
| Equity | 10/15 | -€154,784 | -€273,730 | -€118,946 | -76.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Outside capital | 11 | - | €6,200 | +€6,200 | |
| Other | 1109/19 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €21,050 | €21,050 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€182,034 | -€300,980 | -€118,946 | -65.3% |
| Amounts payable | 17/49 | €1,857,499 | €3,927,888 | +€2.1m | +111.5% |
| Amounts payable within one year | 42/48 | €1,856,480 | €3,927,888 | +€2.1m | +111.6% |
| Trade debts | 44 | €3,541 | €59,500 | +€55,959 | +1580.2% |
| Suppliers | 440/4 | €3,541 | €59,500 | +€55,959 | +1580.2% |
| Other amounts payable | 47/48 | €1,852,939 | €3,868,388 | +€2.0m | +108.8% |
| Accrued charges and deferred income | 492/3 | €1,019 | - | -€1,019 | |
| Turnover | 70 | - | €1,079 | +€1,079 | |
| Non-recurring operating income | 76A | €772 | - | -€772 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €56,251 | +€56,251 | |
| Other operating charges | 640/8 | €9,145 | €5,257 | -€3,888 | -42.5% |
| Gross operating margin | 9900 | -€39,183 | -€46,423 | -€7,241 | -18.5% |
| Operating profit (loss) | 9901 | -€48,328 | -€51,680 | -€3,352 | -6.9% |
| Financial income | 75/76B | €327 | €42 | -€285 | -87.0% |
| Recurring financial income | 75 | €327 | €42 | -€285 | -87.0% |
| Financial charges | 65/66B | €32,970 | €67,308 | +€34,338 | +104.1% |
| Recurring financial charges | 65 | €32,970 | €67,308 | +€34,338 | +104.1% |
| Profit (loss) for the period before taxes | 9903 | -€80,971 | -€118,946 | -€37,975 | -46.9% |
| Profit (loss) for the period | 9904 | -€80,971 | -€118,946 | -€37,975 | -46.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,971 | -€118,946 | -€37,975 | -46.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.