VBS - 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.
VBS - Bouw
Largest movements
- Cash -€5,328
down €5,328 (-30.2%), from €17,639 to €12,311
mainly Investment in fixed assets (net) (-€5,242) and Tax, wage and social debts (-€3,414)
- Tangible fixed assets +€4,318
up €4,318 (+361%), from €1,197 to €5,515
of which Furniture and vehicles: +€3,179
- Receivables within one year +€2,367
up €2,367 (+46.2%), from €5,121 to €7,488
of which Other amounts receivable: +€3,021
- Tax, wage and social debts -€3,414
down €3,414 (-75.0%), from €4,550 to €1,136
- Trade debts +€3,406
up €3,406 (+1,135%), from €300 to €3,706
- Reserves +€1,457
up €1,457 (+8.7%), from €16,700 to €18,157
- Other debts -€408
down €408 (-100%), from €408 to €0
- Accrued charges and deferred income +€315
new in 2025: €315
- Gross operating margin -€16,966
down €16,966 (-73.4%), from €23,118 to €6,151
- Taxes -€1,723
down €1,723 (-40.2%), from €4,285 to €2,561
- Other operating charges -€582
down €582 (-48.4%), from €1,204 to €621
- Depreciation +€326
up €326 (+54.4%), from €598 to €924
- Financial charges +€256
up €256 (+77.3%), from €332 to €588
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 | €23,957 | €25,314 | +€1,357 | +5.7% |
| Fixed assets | 21/28 | €1,197 | €5,515 | +€4,318 | +361% |
| Tangible fixed assets | 22/27 | €1,197 | €5,515 | +€4,318 | +361% |
| Plant, machinery and equipment | 23 | - | €1,139 | +€1,139 | |
| Furniture and vehicles | 24 | €1,197 | €4,376 | +€3,179 | +266% |
| Current assets | 29/58 | €22,761 | €19,800 | -€2,961 | -13.0% |
| Amounts receivable within one year | 40/41 | €5,121 | €7,488 | +€2,367 | +46.2% |
| Trade receivables | 40 | €4,219 | €3,565 | -€654 | -15.5% |
| Other amounts receivable | 41 | €902 | €3,923 | +€3,021 | +335% |
| Cash at bank and in hand | 54/58 | €17,639 | €12,311 | -€5,328 | -30.2% |
| Total equity and liabilities | 10/49 | €23,957 | €25,314 | +€1,357 | +5.7% |
| Equity | 10/15 | €18,700 | €20,157 | +€1,457 | +7.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €16,700 | €18,157 | +€1,457 | +8.7% |
| Distributable reserves | 133 | €16,700 | €18,157 | +€1,457 | +8.7% |
| Amounts payable | 17/49 | €5,258 | €5,157 | -€100 | -1.9% |
| Amounts payable within one year | 42/48 | €5,258 | €4,842 | -€416 | -7.9% |
| Trade debts | 44 | €300 | €3,706 | +€3,406 | +1,135% |
| Suppliers | 440/4 | €300 | €3,706 | +€3,406 | +1,135% |
| Taxes, remuneration and social security | 45 | €4,550 | €1,136 | -€3,414 | -75.0% |
| Taxes | 450/3 | €4,550 | €1,136 | -€3,414 | -75.0% |
| Other amounts payable | 47/48 | €408 | €0 | -€408 | -100% |
| Accrued charges and deferred income | 492/3 | - | €315 | +€315 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €598 | €924 | +€326 | +54.4% |
| Other operating charges | 640/8 | €1,204 | €621 | -€582 | -48.4% |
| Gross operating margin | 9900 | €23,118 | €6,151 | -€16,966 | -73.4% |
| Operating profit (loss) | 9901 | €21,316 | €4,606 | -€16,710 | -78.4% |
| Financial charges | 65/66B | €332 | €588 | +€256 | +77.3% |
| Recurring financial charges | 65 | €332 | €588 | +€256 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €20,984 | €4,018 | -€16,966 | -80.9% |
| Income taxes | 67/77 | €4,285 | €2,561 | -€1,723 | -40.2% |
| Profit (loss) for the period | 9904 | €16,700 | €1,457 | -€15,242 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,700 | €1,457 | -€15,242 | -91.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.