V-V bouw: 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-V bouw
Largest movements
- Receivables within one year -€142,686
down €142,686 (-34.2%), from €417,106 to €274,421
of which Trade receivables: -€119,564
- Stocks and contracts -€102,964
down €102,964 (-31.5%), from €327,070 to €224,106
of which Contracts in progress: -€102,964
- Tangible fixed assets -€91,972
down €91,972 (-26.6%), from €346,138 to €254,166
of which Furniture and vehicles: -€88,102
- Cash +€82,543
up €82,543 (+159%), from €52,035 to €134,578
mainly Net result for the year (+€208,158) and Receivables within one year (+€142,686)
- Trade debts -€299,267
down €299,267 (-72.8%), from €410,838 to €111,571
- Advances received -€187,899
down €187,899 (-51.3%), from €365,956 to €178,057
- Reserves +€137,978
new in 2026: €137,978
- Profit (loss) carried forward +€70,179
no longer reported in 2026 (was -€70,179)
- Tax, wage and social debts +€59,822
up €59,822 (+565%), from €10,592 to €70,414
of which Taxes: +€40,012
- Gross operating margin +€525,256
up €525,256 (+755%), from €69,544 to €594,799
- Staff costs +€154,669
up €154,669 (+211%), from €73,246 to €227,915
- Depreciation +€44,865
up €44,865 (+77.9%), from €57,558 to €102,423
- Taxes +€40,012
new in 2026: €40,012
- Financial charges +€6,008
up €6,008 (+73.4%), from €8,180 to €14,188
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,146,609 | €891,224 | -€255,386 | -22.3% |
| Fixed assets | 21/28 | €346,138 | €254,166 | -€91,972 | -26.6% |
| Tangible fixed assets | 22/27 | €346,138 | €254,166 | -€91,972 | -26.6% |
| Plant, machinery and equipment | 23 | €29,135 | €25,266 | -€3,870 | -13.3% |
| Furniture and vehicles | 24 | €317,003 | €228,901 | -€88,102 | -27.8% |
| Current assets | 29/58 | €800,471 | €637,057 | -€163,414 | -20.4% |
| Stocks and contracts in progress | 3 | €327,070 | €224,106 | -€102,964 | -31.5% |
| Stocks | 30/36 | €30,000 | €30,000 | = | 0.0% |
| Contracts in progress | 37 | €297,070 | €194,106 | -€102,964 | -34.7% |
| Amounts receivable within one year | 40/41 | €417,106 | €274,421 | -€142,686 | -34.2% |
| Trade receivables | 40 | €339,732 | €220,167 | -€119,564 | -35.2% |
| Other amounts receivable | 41 | €77,375 | €54,254 | -€23,121 | -29.9% |
| Cash at bank and in hand | 54/58 | €52,035 | €134,578 | +€82,543 | +159% |
| Deferred charges and accrued income | 490/1 | €4,260 | €3,952 | -€307 | -7.2% |
| Total equity and liabilities | 10/49 | €1,146,609 | €891,224 | -€255,386 | -22.3% |
| Equity | 10/15 | -€65,179 | €142,978 | +€208,158 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €137,978 | +€137,978 | |
| Distributable reserves | 133 | - | €137,978 | +€137,978 | |
| Profit (loss) carried forward | 14 | -€70,179 | - | +€70,179 | |
| Amounts payable | 17/49 | €1,211,788 | €748,245 | -€463,543 | -38.3% |
| Amounts payable after more than one year | 17 | €273,214 | €231,552 | -€41,662 | -15.2% |
| Financial debts | 170/4 | €273,214 | €231,552 | -€41,662 | -15.2% |
| Amounts payable within one year | 42/48 | €932,254 | €510,440 | -€421,814 | -45.2% |
| Current portion of amounts payable after more than one year | 42 | €44,868 | €50,398 | +€5,531 | +12.3% |
| Trade debts | 44 | €410,838 | €111,571 | -€299,267 | -72.8% |
| Suppliers | 440/4 | €410,838 | €111,571 | -€299,267 | -72.8% |
| Advances received on contracts in progress | 46 | €365,956 | €178,057 | -€187,899 | -51.3% |
| Taxes, remuneration and social security | 45 | €10,592 | €70,414 | +€59,822 | +565% |
| Taxes | 450/3 | - | €40,012 | +€40,012 | |
| Remuneration and social security | 454/9 | €10,592 | €30,403 | +€19,810 | +187% |
| Other amounts payable | 47/48 | €100,000 | €100,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €6,320 | €6,253 | -€67 | -1.1% |
| Remuneration, social security and pensions | 62 | €73,246 | €227,915 | +€154,669 | +211% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,558 | €102,423 | +€44,865 | +77.9% |
| Other operating charges | 640/8 | €1,147 | €2,108 | +€961 | +83.7% |
| Gross operating margin | 9900 | €69,544 | €594,799 | +€525,256 | +755% |
| Operating profit (loss) | 9901 | -€62,408 | €262,353 | +€324,761 | |
| Financial income | 75/76B | €409 | €4 | -€405 | -99.0% |
| Recurring financial income | 75 | €409 | €4 | -€405 | -99.0% |
| Financial charges | 65/66B | €8,180 | €14,188 | +€6,008 | +73.4% |
| Recurring financial charges | 65 | €8,180 | €14,188 | +€6,008 | +73.4% |
| Profit (loss) for the period before taxes | 9903 | -€70,179 | €248,169 | +€318,349 | |
| Income taxes | 67/77 | - | €40,012 | +€40,012 | |
| Profit (loss) for the period | 9904 | -€70,179 | €208,158 | +€278,337 | |
| Profit (loss) for the period to be appropriated | 9905 | -€70,179 | €208,158 | +€278,337 |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.