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VDP Constructies: 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

VDP Constructies

BE 0776.553.789
NACE 43.350, Other building finishing work
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€8,012
2023 · -€14,837+€22,849
Equity
€10,432
2023 · €2,420+€8,012
Cash
€6,311
2023 · €3,032+€3,278
Balance sheet total
€22,497
2023 · €20,514+€1,983

Largest movements

2023 to 2024
Assets
  • Cash +€3,278

    up €3,278 (+108.1%), from €3,032 to €6,311

    mainly Net result for the year (+€8,012) and Depreciation (+€3,276)

  • Tangible fixed assets -€2,152

    down €2,152 (-33.8%), from €6,363 to €4,211

  • Receivables within one year +€1,034

    up €1,034 (+9.6%), from €10,790 to €11,824

    of which Other amounts receivable: +€8,851

Equity and liabilities
  • Profit (loss) carried forward +€8,012

    up €8,012 (+54.0%), from -€14,837 to -€6,825

  • Trade debts -€3,132

    down €3,132 (-22.4%), from €13,968 to €10,836

  • Tax, wage and social debts -€1,927

    down €1,927 (-67.3%), from €2,862 to €936

    of which Remuneration and social security: -€2,065

  • Other debts -€1,082

    down €1,082 (-85.6%), from €1,264 to €182

Income statement
  • Gross operating margin +€18,250

    up €18,250, from -€4,531 to €13,719

  • Other operating charges -€4,645

    down €4,645 (-85.7%), from €5,422 to €777

  • Financial income +€271

    up €271 (+12898.6%), from €2 to €273

  • Financial charges +€208

    up €208 (+14.0%), from €1,488 to €1,696

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 -€14,837
Gross operating margin +€18,250
Depreciation -€9
Other operating charges +€4,645
Financial income +€271
Financial charges -€208
Taxes -€100
Result 2024 €8,012

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 +€4,402
Investment -€1,124
Financing €0
Cash 2023 €3,032
Net result for the year +€8,012
Depreciation +€3,276
Receivables within one year -€1,034
Deferred charges and accrued income +€178
Trade debts -€3,132
Tax, wage and social debts -€1,927
Other debts -€1,082
Accrued charges and deferred income +€111
Investment in fixed assets (net) -€1,124
Cash 2024 €6,311
Every line side by side 37 lines
Line Code 2023 2024 Change %
Total assets 20/58 €20,514 €22,497 +€1,983 +9.7%
Fixed assets 21/28 €6,363 €4,211 -€2,152 -33.8%
Tangible fixed assets 22/27 €6,363 €4,211 -€2,152 -33.8%
Furniture and vehicles 24 €6,363 €4,211 -€2,152 -33.8%
Current assets 29/58 €14,151 €18,286 +€4,135 +29.2%
Amounts receivable within one year 40/41 €10,790 €11,824 +€1,034 +9.6%
Trade receivables 40 €10,106 €2,289 -€7,817 -77.4%
Other amounts receivable 41 €683 €9,535 +€8,851 +1295.3%
Cash at bank and in hand 54/58 €3,032 €6,311 +€3,278 +108.1%
Deferred charges and accrued income 490/1 €329 €151 -€178 -54.0%
Total equity and liabilities 10/49 €20,514 €22,497 +€1,983 +9.7%
Equity 10/15 €2,420 €10,432 +€8,012 +331.1%
Contributions 10/11 €5,000 €5,000 = 0.0%
Reserves 13 €12,257 €12,257 = 0.0%
Distributable reserves 133 €12,257 €12,257 = 0.0%
Profit (loss) carried forward 14 -€14,837 -€6,825 +€8,012 +54.0%
Amounts payable 17/49 €18,094 €12,065 -€6,029 -33.3%
Amounts payable within one year 42/48 €18,094 €11,954 -€6,140 -33.9%
Trade debts 44 €13,968 €10,836 -€3,132 -22.4%
Suppliers 440/4 €13,968 €10,836 -€3,132 -22.4%
Taxes, remuneration and social security 45 €2,862 €936 -€1,927 -67.3%
Taxes 450/3 €797 €936 +€139 +17.4%
Remuneration and social security 454/9 €2,065 - -€2,065
Other amounts payable 47/48 €1,264 €182 -€1,082 -85.6%
Accrued charges and deferred income 492/3 - €111 +€111
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,267 €3,276 +€9 +0.3%
Other operating charges 640/8 €5,422 €777 -€4,645 -85.7%
Gross operating margin 9900 -€4,531 €13,719 +€18,250
Operating profit (loss) 9901 -€13,220 €9,667 +€22,887
Financial income 75/76B €2 €273 +€271 +12898.6%
Recurring financial income 75 €2 €273 +€271 +12898.6%
Financial charges 65/66B €1,488 €1,696 +€208 +14.0%
Recurring financial charges 65 €1,488 €1,696 +€208 +14.0%
Profit (loss) for the period before taxes 9903 -€14,706 €8,244 +€22,949
Income taxes 67/77 €132 €232 +€100 +76.1%
Profit (loss) for the period 9904 -€14,837 €8,012 +€22,849
Profit (loss) for the period to be appropriated 9905 -€14,837 €8,012 +€22,849

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.