VA&G 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.
VA&G CONSTRUCT
Largest movements
- Cash +€6,387
up €6,387 (+201%), from €3,176 to €9,563
mainly Receivables within one year (+€4,067) and Depreciation (+€2,906)
- Receivables within one year -€4,067
down €4,067 (-10.5%), from €38,700 to €34,634
of which Other amounts receivable: -€4,067
- Tangible fixed assets -€2,906
down €2,906 (-66.4%), from €4,379 to €1,472
of which Furniture and vehicles: -€2,798
- Profit (loss) carried forward -€797
down €797 (-2.1%), from €37,705 to €36,908
- Purchases and services -€188,539
down €188,539 (-81.4%), from €231,687 to €43,147
- Turnover -€184,797
down €184,797 (-80.2%), from €230,424 to €45,628
- Depreciation -€5,482
down €5,482 (-65.4%), from €8,388 to €2,906
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €47,902 | €47,123 | -€779 | -1.6% |
| Fixed assets | 21/28 | €4,379 | €1,472 | -€2,906 | -66.4% |
| Tangible fixed assets | 22/27 | €4,379 | €1,472 | -€2,906 | -66.4% |
| Plant, machinery and equipment | 23 | €108 | - | -€108 | |
| Furniture and vehicles | 24 | €4,270 | €1,472 | -€2,798 | -65.5% |
| Current assets | 29/58 | €43,524 | €45,651 | +€2,127 | +4.9% |
| Amounts receivable within one year | 40/41 | €38,700 | €34,634 | -€4,067 | -10.5% |
| Trade receivables | 40 | €15,425 | €15,425 | = | 0.0% |
| Other amounts receivable | 41 | €23,275 | €19,208 | -€4,067 | -17.5% |
| Cash at bank and in hand | 54/58 | €3,176 | €9,563 | +€6,387 | +201% |
| Deferred charges and accrued income | 490/1 | €1,647 | €1,454 | -€193 | -11.7% |
| Total equity and liabilities | 10/49 | €47,902 | €47,123 | -€779 | -1.6% |
| Equity | 10/15 | €45,765 | €44,968 | -€797 | -1.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,705 | €36,908 | -€797 | -2.1% |
| Amounts payable | 17/49 | €2,137 | €2,155 | +€18 | +0.8% |
| Amounts payable within one year | 42/48 | €2,137 | €2,155 | +€18 | +0.8% |
| Trade debts | 44 | €2,137 | €2,064 | -€73 | -3.4% |
| Suppliers | 440/4 | €2,137 | €2,064 | -€73 | -3.4% |
| Taxes, remuneration and social security | 45 | - | €91 | +€91 | |
| Taxes | 450/3 | - | €91 | +€91 | |
| Turnover | 70 | €230,424 | €45,628 | -€184,797 | -80.2% |
| Non-recurring operating income | 76A | €4,546 | - | -€4,546 | |
| Goods, raw materials, services and sundry goods | 60/61 | €231,687 | €43,147 | -€188,539 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,388 | €2,906 | -€5,482 | -65.4% |
| Other operating charges | 640/8 | €1,518 | - | -€1,518 | |
| Gross operating margin | 9900 | €3,283 | €2,480 | -€803 | -24.5% |
| Operating profit (loss) | 9901 | -€6,623 | -€426 | +€6,197 | +93.6% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,262 | €371 | -€892 | -70.6% |
| Recurring financial charges | 65 | €1,262 | €371 | -€892 | -70.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,882 | -€797 | +€7,086 | +89.9% |
| Profit (loss) for the period | 9904 | -€7,882 | -€797 | +€7,086 | +89.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,882 | -€797 | +€7,086 | +89.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.