Verdeyen David Construct: 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.
Verdeyen David Construct
Largest movements
- Receivables within one year +€16,190
up €16,190 (+30.0%), from €53,925 to €70,115
- Tangible fixed assets -€12,788
down €12,788 (-32.6%), from €39,181 to €26,393
of which Leasing and similar rights: -€8,473
- Other debts +€189,351
up €189,351 (+16,380%), from €1,156 to €190,507
- Debts after one year -€153,529
down €153,529 (-100%), from €153,529 to €0
of which Other amounts payable: -€147,000
- Profit (loss) carried forward -€37,357
down €37,357 (-11.4%), from -€326,637 to -€363,994
- Trade debts +€12,582
up €12,582 (+7.2%), from €174,581 to €187,163
- Tax, wage and social debts -€6,831
down €6,831 (-59.8%), from €11,432 to €4,601
of which Taxes: -€4,840
- Gross operating margin -€92,445
down €92,445, from €84,501 to -€7,944
- Depreciation -€14,173
down €14,173 (-43.6%), from €32,488 to €18,315
- Financial charges -€6,332
down €6,332 (-45.4%), from €13,954 to €7,622
- Staff costs -€3,223
down €3,223 (-72.1%), from €4,469 to €1,246
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €93,267 | €96,642 | +€3,375 | +3.6% |
| Fixed assets | 21/28 | €39,316 | €26,528 | -€12,788 | -32.5% |
| Tangible fixed assets | 22/27 | €39,181 | €26,393 | -€12,788 | -32.6% |
| Plant, machinery and equipment | 23 | €6,191 | €6,313 | +€122 | +2.0% |
| Furniture and vehicles | 24 | €24,517 | €20,080 | -€4,437 | -18.1% |
| Leasing and similar rights | 25 | €8,473 | €0 | -€8,473 | -100% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €53,951 | €70,115 | +€16,164 | +30.0% |
| Amounts receivable within one year | 40/41 | €53,925 | €70,115 | +€16,190 | +30.0% |
| Trade receivables | 40 | €53,925 | €70,115 | +€16,190 | +30.0% |
| Cash at bank and in hand | 54/58 | €26 | €0 | -€26 | -100% |
| Total equity and liabilities | 10/49 | €93,267 | €96,642 | +€3,375 | +3.6% |
| Equity | 10/15 | -€306,177 | -€343,534 | -€37,357 | -12.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€326,637 | -€363,994 | -€37,357 | -11.4% |
| Amounts payable | 17/49 | €399,444 | €440,176 | +€40,732 | +10.2% |
| Amounts payable after more than one year | 17 | €153,529 | €0 | -€153,529 | -100% |
| Financial debts | 170/4 | €6,529 | €0 | -€6,529 | -100% |
| Other amounts payable | 178/9 | €147,000 | - | -€147,000 | |
| Amounts payable within one year | 42/48 | €245,915 | €440,176 | +€194,261 | +79.0% |
| Current portion of amounts payable after more than one year | 42 | €13,359 | €6,529 | -€6,830 | -51.1% |
| Financial debts | 43 | €45,387 | €51,377 | +€5,990 | +13.2% |
| Credit institutions | 430/8 | €45,387 | €51,377 | +€5,990 | +13.2% |
| Trade debts | 44 | €174,581 | €187,163 | +€12,582 | +7.2% |
| Suppliers | 440/4 | €174,581 | €187,163 | +€12,582 | +7.2% |
| Taxes, remuneration and social security | 45 | €11,432 | €4,601 | -€6,831 | -59.8% |
| Taxes | 450/3 | €9,368 | €4,528 | -€4,840 | -51.7% |
| Remuneration and social security | 454/9 | €2,064 | €73 | -€1,991 | -96.5% |
| Other amounts payable | 47/48 | €1,156 | €190,507 | +€189,351 | +16,380% |
| Non-recurring operating income | 76A | €17,303 | €0 | -€17,303 | -100% |
| Remuneration, social security and pensions | 62 | €4,469 | €1,246 | -€3,223 | -72.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,488 | €18,315 | -€14,173 | -43.6% |
| Other operating charges | 640/8 | €2,194 | €2,371 | +€177 | +8.1% |
| Gross operating margin | 9900 | €84,501 | -€7,944 | -€92,445 | |
| Operating profit (loss) | 9901 | €45,350 | -€29,876 | -€75,226 | |
| Financial income | 75/76B | €966 | €140 | -€826 | -85.5% |
| Recurring financial income | 75 | €966 | €140 | -€826 | -85.5% |
| Non-recurring financial income | 76B | - | €0 | = | |
| Financial charges | 65/66B | €13,954 | €7,622 | -€6,332 | -45.4% |
| Recurring financial charges | 65 | €13,954 | €7,622 | -€6,332 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €32,362 | -€37,357 | -€69,719 | |
| Profit (loss) for the period | 9904 | €32,362 | -€37,357 | -€69,719 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,362 | -€37,357 | -€69,719 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.