V&P 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.
V&P CONSTRUCT
Largest movements
- Cash -€23,249
down €23,249 (-42.0%), from €55,340 to €32,091
mainly Trade debts (-€52,071) and Investment in fixed assets (net) (-€6,509)
- Receivables within one year -€9,319
down €9,319 (-15.5%), from €60,163 to €50,844
of which Other amounts receivable: -€8,001
- Tangible fixed assets +€4,763
up €4,763 (+367%), from €1,297 to €6,060
- Trade debts -€52,071
down €52,071 (-99.3%), from €52,445 to €374
- Profit (loss) carried forward +€24,361
up €24,361 (+49.8%), from €48,931 to €73,292
- Debts after one year -€3,863
no longer reported in 2024 (was €3,863)
- Current portion of long-term debt +€3,513
up €3,513 (+94.5%), from €3,717 to €7,231
- Turnover +€171,780
up €171,780 (+94.7%), from €181,475 to €353,256
- Purchases and services +€163,750
up €163,750 (+101%), from €162,010 to €325,760
- Gross operating margin +€8,030
up €8,030 (+41.3%), from €19,465 to €27,496
- Depreciation -€4,162
down €4,162 (-70.4%), from €5,908 to €1,746
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 | €116,801 | €88,996 | -€27,805 | -23.8% |
| Fixed assets | 21/28 | €1,297 | €6,060 | +€4,763 | +367% |
| Tangible fixed assets | 22/27 | €1,297 | €6,060 | +€4,763 | +367% |
| Furniture and vehicles | 24 | €1,297 | €6,060 | +€4,763 | +367% |
| Current assets | 29/58 | €115,503 | €82,935 | -€32,568 | -28.2% |
| Amounts receivable within one year | 40/41 | €60,163 | €50,844 | -€9,319 | -15.5% |
| Trade receivables | 40 | €3,027 | €1,710 | -€1,317 | -43.5% |
| Other amounts receivable | 41 | €57,136 | €49,134 | -€8,001 | -14.0% |
| Cash at bank and in hand | 54/58 | €55,340 | €32,091 | -€23,249 | -42.0% |
| Total equity and liabilities | 10/49 | €116,801 | €88,996 | -€27,805 | -23.8% |
| Equity | 10/15 | €55,293 | €79,654 | +€24,361 | +44.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €162 | €162 | = | 0.0% |
| Non-distributable reserves | 130/1 | €162 | €162 | = | 0.0% |
| Legal reserve | 130 | €162 | €162 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,931 | €73,292 | +€24,361 | +49.8% |
| Amounts payable | 17/49 | €61,508 | €9,341 | -€52,166 | -84.8% |
| Amounts payable after more than one year | 17 | €3,863 | - | -€3,863 | |
| Financial debts | 170/4 | €3,863 | - | -€3,863 | |
| Amounts payable within one year | 42/48 | €56,162 | €7,604 | -€48,558 | -86.5% |
| Current portion of amounts payable after more than one year | 42 | €3,717 | €7,231 | +€3,513 | +94.5% |
| Trade debts | 44 | €52,445 | €374 | -€52,071 | -99.3% |
| Suppliers | 440/4 | €52,445 | €374 | -€52,071 | -99.3% |
| Accrued charges and deferred income | 492/3 | €1,483 | €1,737 | +€255 | +17.2% |
| Turnover | 70 | €181,475 | €353,256 | +€171,780 | +94.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €162,010 | €325,760 | +€163,750 | +101% |
| Remuneration, social security and pensions | 62 | €3,346 | €958 | -€2,388 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,908 | €1,746 | -€4,162 | -70.4% |
| Other operating charges | 640/8 | €30 | €371 | +€341 | +1,137% |
| Gross operating margin | 9900 | €19,465 | €27,496 | +€8,030 | +41.3% |
| Operating profit (loss) | 9901 | €10,181 | €24,420 | +€14,239 | +140% |
| Financial charges | 65/66B | €468 | €59 | -€409 | -87.4% |
| Recurring financial charges | 65 | €468 | €59 | -€409 | -87.4% |
| Profit (loss) for the period before taxes | 9903 | €9,713 | €24,361 | +€14,649 | +151% |
| Profit (loss) for the period | 9904 | €9,713 | €24,361 | +€14,649 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €9,713 | €24,361 | +€14,649 | +151% |
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 14 October 2026 via checked.be.