VGS 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.
VGS Bouw
Largest movements
- Receivables after one year +€75,000
up €75,000 (+75.0%), from €100,000 to €175,000
- Cash -€16,590
down €16,590 (-94.6%), from €17,538 to €949
mainly Receivables after one year (-€75,000)
- Receivables within one year -€5,068
down €5,068 (-6.6%), from €76,467 to €71,399
of which Other amounts receivable: -€36,615
- Reserves +€30,912
up €30,912 (+18.0%), from €171,560 to €202,473
- Trade debts +€12,237
up €12,237 (+151%), from €8,129 to €20,366
- Tax, wage and social debts +€8,563
up €8,563 (+79.6%), from €10,754 to €19,317
- Gross operating margin -€7,473
down €7,473 (-15.2%), from €49,237 to €41,763
- Taxes -€914
down €914 (-9.3%), from €9,785 to €8,871
- Financial charges +€839
up €839 (+181%), from €465 to €1,304
- Other operating charges -€625
down €625 (-48.0%), from €1,301 to €676
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 | €195,443 | €247,348 | +€51,905 | +26.6% |
| Current assets | 29/58 | €195,443 | €247,348 | +€51,905 | +26.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Other amounts receivable | 291 | €100,000 | €175,000 | +€75,000 | +75.0% |
| Amounts receivable within one year | 40/41 | €76,467 | €71,399 | -€5,068 | -6.6% |
| Trade receivables | 40 | €6,150 | €37,696 | +€31,547 | +513% |
| Other amounts receivable | 41 | €70,317 | €33,703 | -€36,615 | -52.1% |
| Cash at bank and in hand | 54/58 | €17,538 | €949 | -€16,590 | -94.6% |
| Deferred charges and accrued income | 490/1 | €1,438 | - | -€1,438 | |
| Total equity and liabilities | 10/49 | €195,443 | €247,348 | +€51,905 | +26.6% |
| Equity | 10/15 | €176,560 | €207,473 | +€30,912 | +17.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €171,560 | €202,473 | +€30,912 | +18.0% |
| Distributable reserves | 133 | €171,560 | €202,473 | +€30,912 | +18.0% |
| Amounts payable | 17/49 | €18,883 | €39,875 | +€20,992 | +111% |
| Amounts payable within one year | 42/48 | €18,883 | €39,683 | +€20,800 | +110% |
| Trade debts | 44 | €8,129 | €20,366 | +€12,237 | +151% |
| Suppliers | 440/4 | €8,129 | €20,366 | +€12,237 | +151% |
| Taxes, remuneration and social security | 45 | €10,754 | €19,317 | +€8,563 | +79.6% |
| Taxes | 450/3 | €10,754 | €19,317 | +€8,563 | +79.6% |
| Accrued charges and deferred income | 492/3 | - | €192 | +€192 | |
| Other operating charges | 640/8 | €1,301 | €676 | -€625 | -48.0% |
| Gross operating margin | 9900 | €49,237 | €41,763 | -€7,473 | -15.2% |
| Operating profit (loss) | 9901 | €47,936 | €41,087 | -€6,849 | -14.3% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €465 | €1,304 | +€839 | +181% |
| Recurring financial charges | 65 | €465 | €1,304 | +€839 | +181% |
| Profit (loss) for the period before taxes | 9903 | €47,471 | €39,784 | -€7,688 | -16.2% |
| Income taxes | 67/77 | €9,785 | €8,871 | -€914 | -9.3% |
| Profit (loss) for the period | 9904 | €37,686 | €30,912 | -€6,774 | -18.0% |
| Profit (loss) for the period to be appropriated | 9905 | €37,686 | €30,912 | -€6,774 | -18.0% |
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 25 October 2026 via checked.be.