VAN DE VELDE: 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.
What changed
VAN DE VELDE
NACE 42.110, Construction of roads and motorways
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€26,634
2023 · -€10,451+€37,085
Equity
€504,518
2023 · €477,884+€26,634
Cash
€2,553
2023 · €9,230-€6,677
Balance sheet total
€1.7m
2023 · €1.8m-€31,550
Largest movements
Assets
- Tangible fixed assets -€22,875
down €22,875 (-1.3%), from €1.8m to €1.7m
of which Land and buildings: -€21,975
Equity and liabilities
- Profit (loss) carried forward +€41,893
up €41,893 (+72.2%), from -€58,048 to -€16,155
- Other debts -€31,460
down €31,460 (-3.6%), from €872,182 to €840,722
Income statement
- Gross operating margin +€27,857
up €27,857 (+35.1%), from €79,475 to €107,332
- Other operating charges -€14,541
down €14,541 (-51.1%), from €28,438 to €13,897
- Taxes +€3,591
up €3,591 (+703%), from €511 to €4,102
- Depreciation +€1,981
up €1,981 (+3.1%), from €63,926 to €65,908
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.
Result 2023
-€10,451
Gross operating margin
+€27,857
Depreciation
-€1,981
Other operating charges
+€14,541
Financial charges
+€259
Taxes
-€3,591
Result 2024
€26,634
raises the resultlowers the result
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.
From operations
+€48,409
Investment
-€43,033
Financing
-€12,054
Cash 2023
€9,230
From operations (derived)
+€48,409
Net result for the year
+€26,634
Depreciation
+€65,908
Receivables within one year
-€57
Deferred charges and accrued income
+€2,054
Provisions
-€5,730
Trade debts
+€570
Tax, wage and social debts
+€3,491
Other debts
-€31,460
Accrued charges and deferred income
-€13,000
Investment (derived)
-€43,033
Investment in fixed assets (net)
-€43,033
Financing
-€12,054
Debts after one year
-€12,054
Cash 2024
€2,553
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,779,181 | €1,747,632 | -€31,550 | -1.8% |
| Fixed assets | 21/28 | €1,751,368 | €1,728,493 | -€22,875 | -1.3% |
| Tangible fixed assets | 22/27 | €1,751,368 | €1,728,493 | -€22,875 | -1.3% |
| Land and buildings | 22 | €1,743,369 | €1,721,394 | -€21,975 | -1.3% |
| Plant, machinery and equipment | 23 | €7,368 | €6,788 | -€580 | -7.9% |
| Furniture and vehicles | 24 | €631 | €311 | -€320 | -50.7% |
| Current assets | 29/58 | €27,813 | €19,138 | -€8,675 | -31.2% |
| Amounts receivable within one year | 40/41 | €97 | €154 | +€57 | +58.0% |
| Other amounts receivable | 41 | €97 | €154 | +€57 | +58.0% |
| Cash at bank and in hand | 54/58 | €9,230 | €2,553 | -€6,677 | -72.3% |
| Deferred charges and accrued income | 490/1 | €18,486 | €16,432 | -€2,054 | -11.1% |
| Total equity and liabilities | 10/49 | €1,779,181 | €1,747,632 | -€31,550 | -1.8% |
| Equity | 10/15 | €477,884 | €504,518 | +€26,634 | +5.6% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €473,959 | €458,700 | -€15,259 | -3.2% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €437,665 | €422,406 | -€15,259 | -3.5% |
| Distributable reserves | 133 | €30,097 | €30,097 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€58,048 | -€16,155 | +€41,893 | +72.2% |
| Provisions and deferred taxes | 16 | €163,923 | €158,192 | -€5,730 | -3.5% |
| Deferred taxes | 168 | €163,923 | €158,192 | -€5,730 | -3.5% |
| Amounts payable | 17/49 | €1,137,374 | €1,084,921 | -€52,454 | -4.6% |
| Amounts payable after more than one year | 17 | €96,432 | €84,378 | -€12,054 | -12.5% |
| Financial debts | 170/4 | €96,432 | €84,378 | -€12,054 | -12.5% |
| Amounts payable within one year | 42/48 | €887,109 | €859,709 | -€27,400 | -3.1% |
| Current portion of amounts payable after more than one year | 42 | €12,054 | €12,054 | = | 0.0% |
| Trade debts | 44 | €2,262 | €2,832 | +€570 | +25.2% |
| Suppliers | 440/4 | €2,262 | €2,832 | +€570 | +25.2% |
| Taxes, remuneration and social security | 45 | €611 | €4,102 | +€3,491 | +572% |
| Taxes | 450/3 | €511 | €4,102 | +€3,591 | +703% |
| Remuneration and social security | 454/9 | €100 | - | -€100 | |
| Other amounts payable | 47/48 | €872,182 | €840,722 | -€31,460 | -3.6% |
| Accrued charges and deferred income | 492/3 | €153,833 | €140,833 | -€13,000 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,926 | €65,908 | +€1,981 | +3.1% |
| Other operating charges | 640/8 | €28,438 | €13,897 | -€14,541 | -51.1% |
| Gross operating margin | 9900 | €79,475 | €107,332 | +€27,857 | +35.1% |
| Operating profit (loss) | 9901 | -€12,889 | €27,527 | +€40,417 | |
| Financial charges | 65/66B | €2,781 | €2,522 | -€259 | -9.3% |
| Recurring financial charges | 65 | €2,781 | €2,522 | -€259 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | -€15,670 | €25,006 | +€40,676 | |
| Transfer from deferred taxes | 780 | €5,730 | €5,730 | = | 0.0% |
| Income taxes | 67/77 | €511 | €4,102 | +€3,591 | +703% |
| Profit (loss) for the period | 9904 | -€10,451 | €26,634 | +€37,085 | |
| Transfer from tax-exempt reserves | 789 | €15,259 | €15,259 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €4,808 | €41,893 | +€37,085 | +771% |
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 21 October 2026 via checked.be.