VINCITORIO MARCO 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.
VINCITORIO MARCO CONSTRUCT
Largest movements
- Tangible fixed assets +€39,222
up €39,222 (+819%), from €4,790 to €44,012
of which Plant, machinery and equipment: +€42,212
- Receivables after one year -€37,820
down €37,820 (-36.1%), from €104,854 to €67,034
- Cash +€16,899
up €16,899 (+76.2%), from €22,165 to €39,064
mainly Receivables after one year (+€37,820) and Debts after one year (+€34,468)
- Reserves -€40,000
down €40,000 (-84.2%), from €47,520 to €7,520
of which Distributable reserves: -€38,140
- Debts after one year +€34,468
new in 2024: €34,468
- Trade debts +€28,481
up €28,481 (+65.8%), from €43,283 to €71,764
- Tax, wage and social debts -€12,582
down €12,582 (-33.7%), from €37,375 to €24,793
- Current portion of long-term debt +€7,564
up €7,564 (+283%), from €2,676 to €10,240
- Taxes -€22,562
down €22,562, from €13,124 to -€9,438
- Staff costs +€13,033
up €13,033 (+13.6%), from €96,139 to €109,172
- Gross operating margin -€8,327
down €8,327 (-6.7%), from €123,616 to €115,289
- Financial charges +€4,242
up €4,242 (+195%), from €2,171 to €6,413
- Depreciation +€1,801
up €1,801 (+27.6%), from €6,515 to €8,316
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 | €265,626 | €286,648 | +€21,022 | +7.9% |
| Fixed assets | 21/28 | €4,790 | €44,012 | +€39,222 | +819% |
| Tangible fixed assets | 22/27 | €4,790 | €44,012 | +€39,222 | +819% |
| Land and buildings | 22 | €4,790 | €1,800 | -€2,990 | -62.4% |
| Plant, machinery and equipment | 23 | - | €42,212 | +€42,212 | |
| Current assets | 29/58 | €260,836 | €242,636 | -€18,200 | -7.0% |
| Amounts receivable after more than one year | 29 | €104,854 | €67,034 | -€37,820 | -36.1% |
| Other amounts receivable | 291 | €104,854 | €67,034 | -€37,820 | -36.1% |
| Stocks and contracts in progress | 3 | €117,147 | €117,147 | = | 0.0% |
| Stocks | 30/36 | €117,147 | €117,147 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €16,670 | €19,391 | +€2,721 | +16.3% |
| Trade receivables | 40 | €15,058 | €15,408 | +€350 | +2.3% |
| Other amounts receivable | 41 | €1,612 | €3,983 | +€2,371 | +147% |
| Cash at bank and in hand | 54/58 | €22,165 | €39,064 | +€16,899 | +76.2% |
| Total equity and liabilities | 10/49 | €265,626 | €286,648 | +€21,022 | +7.9% |
| Equity | 10/15 | €182,292 | €143,094 | -€39,198 | -21.5% |
| Contributions | 10/11 | €6,020 | €6,020 | = | 0.0% |
| Contributions outside capital | 11 | €6,020 | - | -€6,020 | |
| Other | 1109/19 | €6,020 | - | -€6,020 | |
| Reserves | 13 | €47,520 | €7,520 | -€40,000 | -84.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €45,660 | €7,520 | -€38,140 | -83.5% |
| Profit (loss) carried forward | 14 | €128,752 | €129,554 | +€802 | +0.6% |
| Amounts payable | 17/49 | €83,334 | €143,554 | +€60,220 | +72.3% |
| Amounts payable after more than one year | 17 | - | €34,468 | +€34,468 | |
| Financial debts | 170/4 | - | €34,468 | +€34,468 | |
| Amounts payable within one year | 42/48 | €83,334 | €109,086 | +€25,752 | +30.9% |
| Current portion of amounts payable after more than one year | 42 | €2,676 | €10,240 | +€7,564 | +283% |
| Trade debts | 44 | €43,283 | €71,764 | +€28,481 | +65.8% |
| Suppliers | 440/4 | €43,283 | €71,764 | +€28,481 | +65.8% |
| Taxes, remuneration and social security | 45 | €37,375 | €24,793 | -€12,582 | -33.7% |
| Taxes | 450/3 | €37,375 | €24,793 | -€12,582 | -33.7% |
| Other amounts payable | 47/48 | - | €2,289 | +€2,289 | |
| Remuneration, social security and pensions | 62 | €96,139 | €109,172 | +€13,033 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,515 | €8,316 | +€1,801 | +27.6% |
| Other operating charges | 640/8 | - | €24 | +€24 | |
| Gross operating margin | 9900 | €123,616 | €115,289 | -€8,327 | -6.7% |
| Operating profit (loss) | 9901 | €20,962 | -€2,223 | -€23,185 | |
| Financial charges | 65/66B | €2,171 | €6,413 | +€4,242 | +195% |
| Recurring financial charges | 65 | €2,171 | €6,413 | +€4,242 | +195% |
| Profit (loss) for the period before taxes | 9903 | €18,791 | -€8,636 | -€27,427 | |
| Income taxes | 67/77 | €13,124 | -€9,438 | -€22,562 | |
| Profit (loss) for the period | 9904 | €5,667 | €802 | -€4,865 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,667 | €802 | -€4,865 | -85.8% |
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 17 October 2026 via checked.be.