VDB-Woonconstruct: 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.
VDB-Woonconstruct
Largest movements
- Stocks and contracts +€156,289
up €156,289, from €0 to €156,289
- Cash -€142,569
down €142,569 (-20.7%), from €687,654 to €545,085
mainly Stocks and contracts (-€156,289) and Other debts (-€64,222)
- Debts after one year +€145,000
up €145,000, from €0 to €145,000
- Other debts -€64,222
down €64,222 (-27.4%), from €234,166 to €169,944
- Tax, wage and social debts -€53,294
down €53,294 (-99.0%), from €53,856 to €561
of which Remuneration and social security: -€53,645
- Profit (loss) carried forward -€11,165
down €11,165 (-76.8%), from €14,531 to €3,366
- Gross operating margin -€62,039
down €62,039, from €52,252 to -€9,787
- Financial charges -€16,747
down €16,747 (-96.8%), from €17,308 to €560
- Taxes -€7,366
down €7,366 (-89.5%), from €8,227 to €861
- Financial income +€4,647
up €4,647 (+99.0%), from €4,692 to €9,339
- Depreciation +€2,025
up €2,025 (+37.1%), from €5,461 to €7,486
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.
Cash bridge derived
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 | €766,778 | €777,040 | +€10,262 | +1.3% |
| Fixed assets | 21/28 | €76,968 | €69,482 | -€7,486 | -9.7% |
| Tangible fixed assets | 22/27 | €31,968 | €24,482 | -€7,486 | -23.4% |
| Furniture and vehicles | 24 | €31,968 | €24,482 | -€7,486 | -23.4% |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €689,810 | €707,557 | +€17,747 | +2.6% |
| Stocks and contracts in progress | 3 | €0 | €156,289 | +€156,289 | |
| Stocks | 30/36 | €0 | €156,289 | +€156,289 | |
| Amounts receivable within one year | 40/41 | €1,518 | €5,834 | +€4,316 | +284.3% |
| Trade receivables | 40 | - | €1,811 | +€1,811 | |
| Other amounts receivable | 41 | €1,518 | €4,023 | +€2,505 | +165.0% |
| Cash at bank and in hand | 54/58 | €687,654 | €545,085 | -€142,569 | -20.7% |
| Deferred charges and accrued income | 490/1 | €638 | €350 | -€288 | -45.2% |
| Total equity and liabilities | 10/49 | €766,778 | €777,040 | +€10,262 | +1.3% |
| Equity | 10/15 | €424,152 | €412,986 | -€11,165 | -2.6% |
| Contributions | 10/11 | €115,400 | €115,400 | = | 0.0% |
| Reserves | 13 | €294,221 | €294,221 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,779 | €5,779 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,779 | €5,779 | = | 0.0% |
| Distributable reserves | 133 | €288,442 | €288,442 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,531 | €3,366 | -€11,165 | -76.8% |
| Amounts payable | 17/49 | €342,626 | €364,053 | +€21,427 | +6.3% |
| Amounts payable after more than one year | 17 | €0 | €145,000 | +€145,000 | |
| Financial debts | 170/4 | €0 | €145,000 | +€145,000 | |
| Amounts payable within one year | 42/48 | €342,626 | €219,053 | -€123,573 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €45,000 | €45,000 | = | 0.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €9,604 | €3,548 | -€6,057 | -63.1% |
| Suppliers | 440/4 | €9,604 | €3,548 | -€6,057 | -63.1% |
| Taxes, remuneration and social security | 45 | €53,856 | €561 | -€53,294 | -99.0% |
| Taxes | 450/3 | €211 | €561 | +€351 | +166.2% |
| Remuneration and social security | 454/9 | €53,645 | €0 | -€53,645 | -100.0% |
| Other amounts payable | 47/48 | €234,166 | €169,944 | -€64,222 | -27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,461 | €7,486 | +€2,025 | +37.1% |
| Other operating charges | 640/8 | €2,742 | €1,811 | -€931 | -34.0% |
| Gross operating margin | 9900 | €52,252 | -€9,787 | -€62,039 | |
| Operating profit (loss) | 9901 | €44,049 | -€19,084 | -€63,133 | |
| Financial income | 75/76B | €4,692 | €9,339 | +€4,647 | +99.0% |
| Recurring financial income | 75 | €4,692 | €9,339 | +€4,647 | +99.0% |
| Financial charges | 65/66B | €17,308 | €560 | -€16,747 | -96.8% |
| Recurring financial charges | 65 | €17,308 | €560 | -€16,747 | -96.8% |
| Profit (loss) for the period before taxes | 9903 | €31,434 | -€10,305 | -€41,739 | |
| Income taxes | 67/77 | €8,227 | €861 | -€7,366 | -89.5% |
| Profit (loss) for the period | 9904 | €23,207 | -€11,165 | -€34,373 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,207 | -€11,165 | -€34,373 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.