Vintage & 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.
Vintage & Construct
Largest movements
- Cash -€10,363
down €10,363 (-59.0%), from €17,571 to €7,208
mainly Trade debts (-€50,910) and Net result for the year (-€5,121)
- Receivables within one year -€9,437
down €9,437 (-43.0%), from €21,937 to €12,500
of which Trade receivables: -€8,681
- Tangible fixed assets -€7,243
down €7,243 (-23.2%), from €31,157 to €23,914
of which Plant, machinery and equipment: -€4,015
- Trade debts -€50,910
down €50,910 (-70.3%), from €72,439 to €21,528
- Other debts +€26,514
up €26,514 (+750.1%), from €3,535 to €30,049
- Profit (loss) carried forward -€5,121
down €5,121 (-20.5%), from -€24,925 to -€30,046
- Tax, wage and social debts +€2,400
up €2,400 (+64.9%), from €3,700 to €6,100
- Debts after one year -€1,877
down €1,877 (-23.2%), from €8,099 to €6,222
- Gross operating margin +€30,633
up €30,633, from -€24,981 to €5,651
- Other operating charges -€1,329
down €1,329 (-70.5%), from €1,884 to €555
- Financial charges +€549
up €549 (+49.3%), from €1,114 to €1,663
- Depreciation +€515
up €515 (+6.4%), from €8,063 to €8,578
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 | €70,942 | €44,455 | -€26,488 | -37.3% |
| Fixed assets | 21/28 | €31,157 | €23,914 | -€7,243 | -23.2% |
| Tangible fixed assets | 22/27 | €31,157 | €23,914 | -€7,243 | -23.2% |
| Plant, machinery and equipment | 23 | €16,957 | €12,942 | -€4,015 | -23.7% |
| Furniture and vehicles | 24 | €14,200 | €10,973 | -€3,227 | -22.7% |
| Current assets | 29/58 | €39,785 | €20,540 | -€19,245 | -48.4% |
| Amounts receivable within one year | 40/41 | €21,937 | €12,500 | -€9,437 | -43.0% |
| Trade receivables | 40 | €20,573 | €11,893 | -€8,681 | -42.2% |
| Other amounts receivable | 41 | €1,363 | €607 | -€756 | -55.5% |
| Cash at bank and in hand | 54/58 | €17,571 | €7,208 | -€10,363 | -59.0% |
| Deferred charges and accrued income | 490/1 | €278 | €833 | +€555 | +200.0% |
| Total equity and liabilities | 10/49 | €70,942 | €44,455 | -€26,488 | -37.3% |
| Equity | 10/15 | -€20,425 | -€25,546 | -€5,121 | -25.1% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,925 | -€30,046 | -€5,121 | -20.5% |
| Amounts payable | 17/49 | €91,368 | €70,001 | -€21,367 | -23.4% |
| Amounts payable after more than one year | 17 | €8,099 | €6,222 | -€1,877 | -23.2% |
| Financial debts | 170/4 | €8,099 | €6,222 | -€1,877 | -23.2% |
| Amounts payable within one year | 42/48 | €81,585 | €61,530 | -€20,055 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €1,759 | €1,877 | +€118 | +6.7% |
| Financial debts | 43 | €152 | €1,976 | +€1,824 | +1200.0% |
| Credit institutions | 430/8 | €152 | €1,976 | +€1,824 | +1200.0% |
| Trade debts | 44 | €72,439 | €21,528 | -€50,910 | -70.3% |
| Suppliers | 440/4 | €72,439 | €21,528 | -€50,910 | -70.3% |
| Taxes, remuneration and social security | 45 | €3,700 | €6,100 | +€2,400 | +64.9% |
| Taxes | 450/3 | €3,700 | €6,100 | +€2,400 | +64.9% |
| Other amounts payable | 47/48 | €3,535 | €30,049 | +€26,514 | +750.1% |
| Accrued charges and deferred income | 492/3 | €1,684 | €2,249 | +€565 | +33.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,063 | €8,578 | +€515 | +6.4% |
| Other operating charges | 640/8 | €1,884 | €555 | -€1,329 | -70.5% |
| Gross operating margin | 9900 | -€24,981 | €5,651 | +€30,633 | |
| Operating profit (loss) | 9901 | -€34,929 | -€3,482 | +€31,447 | +90.0% |
| Financial income | 75/76B | €53 | €24 | -€29 | -54.4% |
| Recurring financial income | 75 | €53 | €24 | -€29 | -54.4% |
| Financial charges | 65/66B | €1,114 | €1,663 | +€549 | +49.3% |
| Recurring financial charges | 65 | €1,114 | €1,663 | +€549 | +49.3% |
| Profit (loss) for the period before taxes | 9903 | -€35,990 | -€5,121 | +€30,869 | +85.8% |
| Profit (loss) for the period | 9904 | -€35,990 | -€5,121 | +€30,869 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,990 | -€5,121 | +€30,869 | +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 12 October 2026 via checked.be.