VDW CRANE PROJECTS: 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.
VDW CRANE PROJECTS
Largest movements
- Receivables within one year +€33,278
up €33,278 (+46.6%), from €71,359 to €104,637
of which Other amounts receivable: +€39,743
- Cash -€11,085
down €11,085 (-33.2%), from €33,395 to €22,310
mainly Receivables within one year (-€33,278) and Trade debts (-€5,717)
- Profit (loss) carried forward +€22,615
up €22,615 (+75.0%), from -€30,148 to -€7,532
- Trade debts -€5,717
down €5,717 (-50.4%), from €11,350 to €5,633
- Tax, wage and social debts +€4,101
up €4,101, from €0 to €4,101
- Gross operating margin +€40,119
up €40,119, from -€18,683 to €21,436
- Depreciation -€6,357
down €6,357 (-100.0%), from €6,357 to €0
- Financial income +€1,213
up €1,213 (+137.4%), from €883 to €2,096
- Other operating charges -€1,046
down €1,046 (-61.6%), from €1,699 to €653
- Financial charges -€510
down €510 (-66.0%), from €772 to €263
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €114,897 | €136,295 | +€21,398 | +18.6% |
| Fixed assets | 21/28 | €8,566 | €7,252 | -€1,314 | -15.3% |
| Tangible fixed assets | 22/27 | €8,566 | €7,252 | -€1,314 | -15.3% |
| Plant, machinery and equipment | 23 | €5,658 | €5,658 | = | 0.0% |
| Furniture and vehicles | 24 | €1,314 | €0 | -€1,314 | -100.0% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Other tangible fixed assets | 26 | €1,593 | €1,593 | = | 0.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €106,331 | €129,043 | +€22,712 | +21.4% |
| Amounts receivable within one year | 40/41 | €71,359 | €104,637 | +€33,278 | +46.6% |
| Trade receivables | 40 | €44,034 | €37,568 | -€6,465 | -14.7% |
| Other amounts receivable | 41 | €27,326 | €67,069 | +€39,743 | +145.4% |
| Cash at bank and in hand | 54/58 | €33,395 | €22,310 | -€11,085 | -33.2% |
| Deferred charges and accrued income | 490/1 | €1,577 | €2,096 | +€519 | +32.9% |
| Total equity and liabilities | 10/49 | €114,897 | €136,295 | +€21,398 | +18.6% |
| Equity | 10/15 | €103,547 | €126,162 | +€22,615 | +21.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €127,395 | €127,395 | = | 0.0% |
| Distributable reserves | 133 | €127,395 | €127,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,148 | -€7,532 | +€22,615 | +75.0% |
| Amounts payable | 17/49 | €11,350 | €10,132 | -€1,218 | -10.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €11,350 | €9,734 | -€1,616 | -14.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €11,350 | €5,633 | -€5,717 | -50.4% |
| Suppliers | 440/4 | €11,350 | €5,633 | -€5,717 | -50.4% |
| Taxes, remuneration and social security | 45 | €0 | €4,101 | +€4,101 | |
| Taxes | 450/3 | €0 | €4,101 | +€4,101 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | €398 | +€398 | |
| Non-recurring operating income | 76A | - | €33,294 | +€33,294 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,357 | €0 | -€6,357 | -100.0% |
| Other operating charges | 640/8 | €1,699 | €653 | -€1,046 | -61.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€18,683 | €21,436 | +€40,119 | |
| Operating profit (loss) | 9901 | -€26,739 | €20,782 | +€47,522 | |
| Financial income | 75/76B | €883 | €2,096 | +€1,213 | +137.4% |
| Recurring financial income | 75 | €883 | €2,096 | +€1,213 | +137.4% |
| Financial charges | 65/66B | €772 | €263 | -€510 | -66.0% |
| Recurring financial charges | 65 | €772 | €263 | -€510 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,629 | €22,615 | +€49,244 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€26,629 | €22,615 | +€49,244 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,629 | €22,615 | +€49,244 |
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 12 October 2026 via checked.be.