CONSTRUCTIONS V.H.: 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.
CONSTRUCTIONS V.H.
Largest movements
- Receivables within one year +€4,838
up €4,838 (+18.6%), from €26,012 to €30,850
of which Trade receivables: +€4,859
- Tangible fixed assets -€3,336
down €3,336 (-5.4%), from €61,820 to €58,484
of which Land and buildings: -€2,344
- Cash +€2,357
up €2,357 (+79.9%), from €2,950 to €5,307
mainly Trade debts (+€5,952) and Other debts (+€5,000)
- Trade debts +€5,952
up €5,952 (+25.1%), from €23,674 to €29,626
- Debts after one year -€5,238
down €5,238 (-9.4%), from €55,968 to €50,730
- Other debts +€5,000
up €5,000 (+719.4%), from €695 to €5,695
- Gross operating margin -€2,496
down €2,496 (-31.4%), from €7,949 to €5,453
- Depreciation -€562
down €562 (-14.4%), from €3,898 to €3,336
- Taxes -€348
down €348 (-39.5%), from €882 to €534
- Financial charges +€152
up €152 (+28.1%), from €541 to €693
of which Financial charges: +€258
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 | €134,691 | €139,326 | +€4,635 | +3.4% |
| Fixed assets | 21/28 | €103,861 | €100,525 | -€3,336 | -3.2% |
| Tangible fixed assets | 22/27 | €61,820 | €58,484 | -€3,336 | -5.4% |
| Land and buildings | 22 | €59,856 | €57,512 | -€2,344 | -3.9% |
| Plant, machinery and equipment | 23 | €1,296 | €972 | -€324 | -25.0% |
| Furniture and vehicles | 24 | €668 | - | -€668 | |
| Financial fixed assets | 28 | €42,041 | €42,041 | = | 0.0% |
| Current assets | 29/58 | €30,830 | €38,801 | +€7,971 | +25.9% |
| Amounts receivable within one year | 40/41 | €26,012 | €30,850 | +€4,838 | +18.6% |
| Trade receivables | 40 | €25,991 | €30,850 | +€4,859 | +18.7% |
| Other amounts receivable | 41 | €21 | - | -€21 | |
| Cash at bank and in hand | 54/58 | €2,950 | €5,307 | +€2,357 | +79.9% |
| Deferred charges and accrued income | 490/1 | €1,868 | €2,644 | +€776 | +41.5% |
| Total equity and liabilities | 10/49 | €134,691 | €139,326 | +€4,635 | +3.4% |
| Equity | 10/15 | €53,324 | €53,148 | -€176 | -0.3% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €2,479 | €2,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,479 | €2,479 | = | 0.0% |
| Legal reserve | 130 | €2,479 | €2,479 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,056 | €25,880 | -€176 | -0.7% |
| Amounts payable | 17/49 | €81,367 | €86,178 | +€4,811 | +5.9% |
| Amounts payable after more than one year | 17 | €55,968 | €50,730 | -€5,238 | -9.4% |
| Other amounts payable | 178/9 | €55,968 | €50,730 | -€5,238 | -9.4% |
| Amounts payable within one year | 42/48 | €25,399 | €35,448 | +€10,049 | +39.6% |
| Trade debts | 44 | €23,674 | €29,626 | +€5,952 | +25.1% |
| Suppliers | 440/4 | €23,674 | €29,626 | +€5,952 | +25.1% |
| Taxes, remuneration and social security | 45 | €1,030 | €127 | -€903 | -87.7% |
| Taxes | 450/3 | €1,030 | €127 | -€903 | -87.7% |
| Other amounts payable | 47/48 | €695 | €5,695 | +€5,000 | +719.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,898 | €3,336 | -€562 | -14.4% |
| Other operating charges | 640/8 | €1,048 | €1,071 | +€23 | +2.2% |
| Gross operating margin | 9900 | €7,949 | €5,453 | -€2,496 | -31.4% |
| Operating profit (loss) | 9901 | €3,003 | €1,046 | -€1,957 | -65.2% |
| Financial income | 75/76B | €7 | €5 | -€2 | -28.6% |
| Recurring financial income | 75 | €7 | €5 | -€2 | -28.6% |
| Financial charges | 65/66B | €541 | €693 | +€152 | +28.1% |
| Recurring financial charges | 65 | €435 | €693 | +€258 | +59.3% |
| Non-recurring financial charges | 66B | €106 | - | -€106 | |
| Profit (loss) for the period before taxes | 9903 | €2,469 | €358 | -€2,111 | -85.5% |
| Income taxes | 67/77 | €882 | €534 | -€348 | -39.5% |
| Profit (loss) for the period | 9904 | €1,587 | -€176 | -€1,763 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,587 | -€176 | -€1,763 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2021 and 30 September 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.