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VAMABUILD: 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.

What changed

VAMABUILD

BE 0753.684.852
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€15,252
2023 · €61,701-€76,953
Equity
€32,853
2023 · €48,105-€15,252
Cash
€10,795
2023 · €168,903-€158,108
Balance sheet total
€549,827
2023 · €666,921-€117,094

Largest movements

2023 to 2024
Assets
  • Cash -€158,108

    down €158,108 (-93.6%), from €168,903 to €10,795

    mainly Other debts (-€84,168) and Stocks and contracts (-€47,242)

  • Stocks and contracts +€47,242

    up €47,242 (+9.7%), from €485,966 to €533,209

Equity and liabilities
  • Other debts -€84,168

    down €84,168 (-14.4%), from €586,453 to €502,285

  • Tax, wage and social debts -€15,791

    down €15,791 (-69.2%), from €22,812 to €7,021

  • Profit (loss) carried forward -€15,252

    down €15,252 (-54.3%), from €28,105 to €12,853

Income statement
  • Gross operating margin -€122,138

    down €122,138, from €112,522 to -€9,615

  • Financial charges -€38,252

    down €38,252 (-92.4%), from €41,382 to €3,130

  • Taxes -€6,979

    down €6,979 (-99.7%), from €7,000 to €21

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €61,701
Gross operating margin -€122,138
Other operating charges -€47
Financial charges +€38,252
Taxes +€6,979
Result 2024 -€15,252

Cash bridge derived

cash 2023 to 2024

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.

From operations -€158,108
Investment €0
Financing €0
Cash 2023 €168,903
Net result for the year -€15,252
Stocks and contracts -€47,242
Receivables within one year +€5,576
Deferred charges and accrued income +€653
Trade debts -€2,495
Tax, wage and social debts -€15,791
Other debts -€84,168
Accrued charges and deferred income +€611
Cash 2024 €10,795
Every line side by side 34 lines
Line Code 2023 2024 Change %
Total assets 20/58 €666,921 €549,827 -€117,094 -17.6%
Current assets 29/58 €666,921 €549,827 -€117,094 -17.6%
Stocks and contracts in progress 3 €485,966 €533,209 +€47,242 +9.7%
Stocks 30/36 €485,966 €533,209 +€47,242 +9.7%
Amounts receivable within one year 40/41 €6,168 €592 -€5,576 -90.4%
Trade receivables 40 €6,168 €197 -€5,970 -96.8%
Other amounts receivable 41 €0 €394 +€394
Cash at bank and in hand 54/58 €168,903 €10,795 -€158,108 -93.6%
Deferred charges and accrued income 490/1 €5,885 €5,232 -€653 -11.1%
Total equity and liabilities 10/49 €666,921 €549,827 -€117,094 -17.6%
Equity 10/15 €48,105 €32,853 -€15,252 -31.7%
Contributions 10/11 €20,000 €20,000 = 0.0%
Profit (loss) carried forward 14 €28,105 €12,853 -€15,252 -54.3%
Amounts payable 17/49 €618,816 €516,974 -€101,842 -16.5%
Amounts payable within one year 42/48 €615,102 €512,649 -€102,454 -16.7%
Financial debts 43 €0 - =
Credit institutions 430/8 €0 - =
Trade debts 44 €5,838 €3,343 -€2,495 -42.7%
Suppliers 440/4 €5,838 €3,343 -€2,495 -42.7%
Taxes, remuneration and social security 45 €22,812 €7,021 -€15,791 -69.2%
Taxes 450/3 €22,812 €7,021 -€15,791 -69.2%
Other amounts payable 47/48 €586,453 €502,285 -€84,168 -14.4%
Accrued charges and deferred income 492/3 €3,714 €4,325 +€611 +16.5%
Other operating charges 640/8 €2,439 €2,486 +€47 +1.9%
Gross operating margin 9900 €112,522 -€9,615 -€122,138
Operating profit (loss) 9901 €110,083 -€12,101 -€122,184
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €41,382 €3,130 -€38,252 -92.4%
Recurring financial charges 65 €41,382 €3,130 -€38,252 -92.4%
Profit (loss) for the period before taxes 9903 €68,701 -€15,231 -€83,932
Income taxes 67/77 €7,000 €21 -€6,979 -99.7%
Profit (loss) for the period 9904 €61,701 -€15,252 -€76,953
Profit (loss) for the period to be appropriated 9905 €61,701 -€15,252 -€76,953

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 29 September 2026 via checked.be.