CoVan Bouwgroep: what changed
Two financial 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.
CoVan Bouwgroep
Largest movements
- Stocks and contracts +€329,094
up €329,094 (+61.0%), from €539,888 to €868,982
of which Stocks: +€329,094
- Receivables within one year -€20,400
down €20,400 (-20.2%), from €100,852 to €80,452
of which Other amounts receivable: -€80,925
- Tangible fixed assets -€15,460
down €15,460 (-95.0%), from €16,275 to €814
of which Leasing and similar rights: -€13,940
- Trade debts +€240,764
up €240,764 (+103%), from €232,940 to €473,704
- Other debts +€100,220
up €100,220 (+22.3%), from €449,367 to €549,587
- Profit (loss) carried forward -€68,411
down €68,411 (-18.4%), from -€371,670 to -€440,081
- Tax, wage and social debts +€33,416
up €33,416 (+2,234%), from €1,496 to €34,911
- Current portion of long-term debt -€21,820
down €21,820 (-100%), from €21,820 to €0
- Gross operating margin -€33,729
down €33,729 (-1,237%), from -€2,727 to -€36,456
- Other operating charges +€3,775
up €3,775 (+261%), from €1,448 to €5,223
- Financial charges +€1,841
up €1,841 (+24.4%), from €7,532 to €9,374
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.
Derived cash bridge
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 | €690,060 | €981,622 | +€291,561 | +42.3% |
| Fixed assets | 21/28 | €19,321 | €2,188 | -€17,133 | -88.7% |
| Intangible fixed assets | 21 | €3,046 | €1,373 | -€1,673 | -54.9% |
| Tangible fixed assets | 22/27 | €16,275 | €814 | -€15,460 | -95.0% |
| Plant, machinery and equipment | 23 | €2,335 | €814 | -€1,520 | -65.1% |
| Leasing and similar rights | 25 | €13,940 | €0 | -€13,940 | -100% |
| Current assets | 29/58 | €670,740 | €979,434 | +€308,694 | +46.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €539,888 | €868,982 | +€329,094 | +61.0% |
| Stocks | 30/36 | €529,888 | €858,982 | +€329,094 | +62.1% |
| Contracts in progress | 37 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €100,852 | €80,452 | -€20,400 | -20.2% |
| Trade receivables | 40 | €9,747 | €70,272 | +€60,525 | +621% |
| Other amounts receivable | 41 | €91,105 | €10,180 | -€80,925 | -88.8% |
| Cash at bank and in hand | 54/58 | €0 | - | = | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €690,060 | €981,622 | +€291,561 | +42.3% |
| Equity | 10/15 | -€90,070 | -€158,481 | -€68,411 | -76.0% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €246,600 | €246,600 | = | 0.0% |
| Distributable reserves | 133 | €246,600 | €246,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€371,670 | -€440,081 | -€68,411 | -18.4% |
| Amounts payable | 17/49 | €780,130 | €1,140,103 | +€359,973 | +46.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €780,130 | €1,140,103 | +€359,973 | +46.1% |
| Current portion of amounts payable after more than one year | 42 | €21,820 | €0 | -€21,820 | -100% |
| Financial debts | 43 | €74,507 | €81,901 | +€7,394 | +9.9% |
| Credit institutions | 430/8 | €74,507 | €81,901 | +€7,394 | +9.9% |
| Trade debts | 44 | €232,940 | €473,704 | +€240,764 | +103% |
| Suppliers | 440/4 | €232,940 | €473,704 | +€240,764 | +103% |
| Taxes, remuneration and social security | 45 | €1,496 | €34,911 | +€33,416 | +2,234% |
| Taxes | 450/3 | €1,496 | €34,911 | +€33,416 | +2,234% |
| Other amounts payable | 47/48 | €449,367 | €549,587 | +€100,220 | +22.3% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,133 | €17,133 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,448 | €5,223 | +€3,775 | +261% |
| Gross operating margin | 9900 | -€2,727 | -€36,456 | -€33,729 | -1,237% |
| Operating profit (loss) | 9901 | -€21,308 | -€58,812 | -€37,504 | -176% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €7,532 | €9,374 | +€1,841 | +24.4% |
| Recurring financial charges | 65 | €7,532 | €9,374 | +€1,841 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | -€28,840 | -€68,186 | -€39,345 | -136% |
| Income taxes | 67/77 | €351 | €225 | -€126 | -35.8% |
| Profit (loss) for the period | 9904 | -€29,191 | -€68,411 | -€39,220 | -134% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,191 | -€68,411 | -€39,220 | -134% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.