EDVOLP CONSTRUCT: 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.
EDVOLP CONSTRUCT
Largest movements
- Receivables within one year +€32,004
up €32,004 (+25.3%), from €126,629 to €158,633
of which Trade receivables: +€25,513
- Tangible fixed assets -€7,298
down €7,298 (-19.0%), from €38,476 to €31,178
of which Furniture and vehicles: -€6,474
- Cash +€7,248
up €7,248 (+63.8%), from €11,366 to €18,615
mainly Trade debts (+€28,156) and Net result for the year (+€10,214)
- Trade debts +€28,156
up €28,156 (+163.8%), from €17,187 to €45,344
- Profit (loss) carried forward +€10,214
up €10,214 (+11.2%), from €91,179 to €101,393
- Debts after one year -€7,184
down €7,184 (-32.0%), from €22,445 to €15,260
- Gross operating margin -€34,023
down €34,023 (-51.2%), from €66,428 to €32,405
- Taxes -€8,402
down €8,402 (-63.3%), from €13,264 to €4,862
- Depreciation +€4,990
up €4,990 (+102.0%), from €4,890 to €9,880
- Financial charges +€3,152
up €3,152 (+83.1%), from €3,794 to €6,946
of which Financial charges: +€2,633
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 | €177,524 | €209,904 | +€32,380 | +18.2% |
| Fixed assets | 21/28 | €38,526 | €31,228 | -€7,298 | -18.9% |
| Tangible fixed assets | 22/27 | €38,476 | €31,178 | -€7,298 | -19.0% |
| Plant, machinery and equipment | 23 | €3,366 | €2,542 | -€824 | -24.5% |
| Furniture and vehicles | 24 | €35,110 | €28,636 | -€6,474 | -18.4% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €138,998 | €178,676 | +€39,678 | +28.5% |
| Amounts receivable within one year | 40/41 | €126,629 | €158,633 | +€32,004 | +25.3% |
| Trade receivables | 40 | €99,083 | €124,596 | +€25,513 | +25.7% |
| Other amounts receivable | 41 | €27,546 | €34,036 | +€6,490 | +23.6% |
| Cash at bank and in hand | 54/58 | €11,366 | €18,615 | +€7,248 | +63.8% |
| Deferred charges and accrued income | 490/1 | €1,003 | €1,429 | +€426 | +42.4% |
| Total equity and liabilities | 10/49 | €177,524 | €209,904 | +€32,380 | +18.2% |
| Equity | 10/15 | €97,179 | €107,393 | +€10,214 | +10.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,179 | €101,393 | +€10,214 | +11.2% |
| Amounts payable | 17/49 | €80,346 | €102,511 | +€22,166 | +27.6% |
| Amounts payable after more than one year | 17 | €22,445 | €15,260 | -€7,184 | -32.0% |
| Financial debts | 170/4 | €22,445 | €15,260 | -€7,184 | -32.0% |
| Amounts payable within one year | 42/48 | €57,401 | €87,251 | +€29,850 | +52.0% |
| Current portion of amounts payable after more than one year | 42 | €7,566 | €7,184 | -€381 | -5.0% |
| Trade debts | 44 | €17,187 | €45,344 | +€28,156 | +163.8% |
| Suppliers | 440/4 | €17,187 | €45,344 | +€28,156 | +163.8% |
| Taxes, remuneration and social security | 45 | €32,648 | €32,773 | +€125 | +0.4% |
| Taxes | 450/3 | €17,347 | €13,265 | -€4,082 | -23.5% |
| Remuneration and social security | 454/9 | €15,300 | €19,508 | +€4,208 | +27.5% |
| Other amounts payable | 47/48 | - | €1,950 | +€1,950 | |
| Accrued charges and deferred income | 492/3 | €500 | - | -€500 | |
| Non-recurring operating income | 76A | €4 | €142 | +€138 | +3379.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,890 | €9,880 | +€4,990 | +102.0% |
| Other operating charges | 640/8 | €298 | €502 | +€204 | +68.7% |
| Non-recurring operating charges | 66A | €258 | €0 | -€257 | -99.8% |
| Gross operating margin | 9900 | €66,428 | €32,405 | -€34,023 | -51.2% |
| Operating profit (loss) | 9901 | €60,983 | €22,023 | -€38,960 | -63.9% |
| Financial charges | 65/66B | €3,794 | €6,946 | +€3,152 | +83.1% |
| Recurring financial charges | 65 | €3,460 | €6,093 | +€2,633 | +76.1% |
| Non-recurring financial charges | 66B | €334 | €853 | +€519 | +155.4% |
| Profit (loss) for the period before taxes | 9903 | €57,189 | €15,077 | -€42,112 | -73.6% |
| Income taxes | 67/77 | €13,264 | €4,862 | -€8,402 | -63.3% |
| Profit (loss) for the period | 9904 | €43,925 | €10,214 | -€33,710 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €43,925 | €10,214 | -€33,710 | -76.7% |
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 11 October 2026 via checked.be.