VECA 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.
VECA BOUW
Largest movements
- Stocks and contracts -€6,522
down €6,522 (-20.1%), from €32,441 to €25,919
- Cash -€4,419
down €4,419 (-43.6%), from €10,132 to €5,713
mainly Net result for the year (-€13,995) and Tax, wage and social debts (-€9,329)
- Tangible fixed assets +€1,604
up €1,604 (+151%), from €1,065 to €2,669
of which Plant, machinery and equipment: +€1,950
- Profit (loss) carried forward -€13,995
down €13,995 (-61.4%), from €22,809 to €8,814
- Tax, wage and social debts -€9,329
down €9,329 (-39.0%), from €23,932 to €14,603
of which Taxes: -€7,509
- Other debts +€8,180
up €8,180 (+76.4%), from €10,706 to €18,886
- Trade debts +€6,940
up €6,940 (+121%), from €5,724 to €12,664
- Gross operating margin -€33,867
down €33,867 (-49.1%), from €68,932 to €35,065
- Staff costs -€25,056
down €25,056 (-34.8%), from €72,028 to €46,973
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €116,510 | €108,306 | -€8,204 | -7.0% |
| Fixed assets | 21/28 | €1,065 | €2,669 | +€1,604 | +151% |
| Tangible fixed assets | 22/27 | €1,065 | €2,669 | +€1,604 | +151% |
| Plant, machinery and equipment | 23 | €699 | €2,649 | +€1,950 | +279% |
| Furniture and vehicles | 24 | €367 | €20 | -€347 | -94.6% |
| Current assets | 29/58 | €115,445 | €105,637 | -€9,807 | -8.5% |
| Stocks and contracts in progress | 3 | €32,441 | €25,919 | -€6,522 | -20.1% |
| Stocks | 30/36 | €32,441 | €25,919 | -€6,522 | -20.1% |
| Amounts receivable within one year | 40/41 | €72,872 | €74,005 | +€1,133 | +1.6% |
| Trade receivables | 40 | €50,652 | €51,265 | +€612 | +1.2% |
| Other amounts receivable | 41 | €22,220 | €22,741 | +€521 | +2.3% |
| Cash at bank and in hand | 54/58 | €10,132 | €5,713 | -€4,419 | -43.6% |
| Total equity and liabilities | 10/49 | €116,510 | €108,306 | -€8,204 | -7.0% |
| Equity | 10/15 | €76,148 | €62,153 | -€13,995 | -18.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €34,739 | €34,739 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €32,879 | €32,879 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,809 | €8,814 | -€13,995 | -61.4% |
| Amounts payable | 17/49 | €40,362 | €46,153 | +€5,792 | +14.3% |
| Amounts payable within one year | 42/48 | €40,362 | €46,153 | +€5,792 | +14.3% |
| Trade debts | 44 | €5,724 | €12,664 | +€6,940 | +121% |
| Suppliers | 440/4 | €5,724 | €12,664 | +€6,940 | +121% |
| Taxes, remuneration and social security | 45 | €23,932 | €14,603 | -€9,329 | -39.0% |
| Taxes | 450/3 | €8,990 | €1,481 | -€7,509 | -83.5% |
| Remuneration and social security | 454/9 | €14,942 | €13,122 | -€1,820 | -12.2% |
| Other amounts payable | 47/48 | €10,706 | €18,886 | +€8,180 | +76.4% |
| Remuneration, social security and pensions | 62 | €72,028 | €46,973 | -€25,056 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €547 | €612 | +€65 | +12.0% |
| Other operating charges | 640/8 | €802 | €900 | +€97 | +12.1% |
| Gross operating margin | 9900 | €68,932 | €35,065 | -€33,867 | -49.1% |
| Operating profit (loss) | 9901 | -€4,446 | -€13,420 | -€8,974 | -202% |
| Financial income | 75/76B | €4 | €5 | +€1 | +20.5% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +20.5% |
| Financial charges | 65/66B | €571 | €581 | +€10 | +1.7% |
| Recurring financial charges | 65 | €571 | €581 | +€10 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,013 | -€13,995 | -€8,983 | -179% |
| Profit (loss) for the period | 9904 | -€5,013 | -€13,995 | -€8,983 | -179% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,013 | -€13,995 | -€8,983 | -179% |
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.