V.G. 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.
V.G. Construct
Largest movements
- Receivables within one year +€505
up €505, from €0 to €505
of which Other amounts receivable: +€302
- Cash -€200
down €200 (-86.4%), from €232 to €32
mainly Net result for the year (-€2,716) and Advances received (-€1,815)
- Other debts +€5,094
up €5,094 (+113.3%), from €4,495 to €9,589
- Profit (loss) carried forward -€2,716
down €2,716 (-30.7%), from -€8,836 to -€11,552
- Advances received -€1,815
down €1,815 (-100.0%), from €1,815 to €0
- Trade debts -€203
down €203 (-100.0%), from €203 to €0
- Tax, wage and social debts -€55
down €55 (-100.0%), from €55 to €0
- Gross operating margin +€673
up €673 (+21.8%), from -€3,081 to -€2,408
- Other operating charges -€123
down €123 (-33.9%), from €364 to €241
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 | €232 | €537 | +€305 | +131.7% |
| Current assets | 29/58 | €232 | €537 | +€305 | +131.7% |
| Amounts receivable within one year | 40/41 | €0 | €505 | +€505 | |
| Trade receivables | 40 | - | €203 | +€203 | |
| Other amounts receivable | 41 | €0 | €302 | +€302 | |
| Cash at bank and in hand | 54/58 | €232 | €32 | -€200 | -86.4% |
| Total equity and liabilities | 10/49 | €232 | €537 | +€305 | +131.7% |
| Equity | 10/15 | -€6,336 | -€9,052 | -€2,716 | -42.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,836 | -€11,552 | -€2,716 | -30.7% |
| Amounts payable | 17/49 | €6,568 | €9,589 | +€3,021 | +46.0% |
| Amounts payable within one year | 42/48 | €6,568 | €9,589 | +€3,021 | +46.0% |
| Trade debts | 44 | €203 | €0 | -€203 | -100.0% |
| Suppliers | 440/4 | €203 | €0 | -€203 | -100.0% |
| Advances received on contracts in progress | 46 | €1,815 | €0 | -€1,815 | -100.0% |
| Taxes, remuneration and social security | 45 | €55 | €0 | -€55 | -100.0% |
| Taxes | 450/3 | €55 | €0 | -€55 | -100.0% |
| Other amounts payable | 47/48 | €4,495 | €9,589 | +€5,094 | +113.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €364 | €241 | -€123 | -33.9% |
| Gross operating margin | 9900 | -€3,081 | -€2,408 | +€673 | +21.8% |
| Operating profit (loss) | 9901 | -€3,445 | -€2,649 | +€796 | +23.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €55 | €67 | +€12 | +22.3% |
| Recurring financial charges | 65 | €55 | €67 | +€12 | +22.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,500 | -€2,716 | +€784 | +22.4% |
| Profit (loss) for the period | 9904 | -€3,500 | -€2,716 | +€784 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,500 | -€2,716 | +€784 | +22.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.