VLADA 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.
VLADA CONSTRUCT
Largest movements
- Receivables within one year +€57,929
up €57,929 (+104%), from €55,900 to €113,829
of which Other amounts receivable: +€57,196
- Tangible fixed assets -€11,037
down €11,037 (-90.3%), from €12,228 to €1,190
of which Furniture and vehicles: -€11,935
- Cash -€7,583
down €7,583 (-96.2%), from €7,885 to €303
mainly Receivables within one year (-€57,929) and Trade debts (-€28,115)
- Debts after one year +€40,759
new in 2024: €40,759
- Trade debts -€28,115
down €28,115 (-71.8%), from €39,137 to €11,022
- Tax, wage and social debts +€13,260
up €13,260 (+79.3%), from €16,730 to €29,990
of which Remuneration and social security: +€8,253
- Current portion of long-term debt +€9,241
new in 2024: €9,241
- Profit (loss) carried forward +€4,514
up €4,514 (+22.7%), from €19,849 to €24,363
- Staff costs +€13,611
up €13,611 (+52.9%), from €25,713 to €39,324
- Other operating charges +€4,885
new in 2024: €4,885
- Taxes -€3,497
down €3,497 (-75.4%), from €4,638 to €1,141
- Depreciation +€2,137
up €2,137 (+1,671%), from €128 to €2,265
- Financial charges -€1,832
down €1,832 (-86.8%), from €2,112 to €279
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 | €76,553 | €115,875 | +€39,322 | +51.4% |
| Fixed assets | 21/28 | €12,228 | €1,190 | -€11,037 | -90.3% |
| Tangible fixed assets | 22/27 | €12,228 | €1,190 | -€11,037 | -90.3% |
| Plant, machinery and equipment | 23 | - | €897 | +€897 | |
| Furniture and vehicles | 24 | €12,228 | €293 | -€11,935 | -97.6% |
| Current assets | 29/58 | €64,326 | €114,685 | +€50,359 | +78.3% |
| Amounts receivable within one year | 40/41 | €55,900 | €113,829 | +€57,929 | +104% |
| Trade receivables | 40 | €54,127 | €54,861 | +€733 | +1.4% |
| Other amounts receivable | 41 | €1,773 | €58,969 | +€57,196 | +3,226% |
| Cash at bank and in hand | 54/58 | €7,885 | €303 | -€7,583 | -96.2% |
| Deferred charges and accrued income | 490/1 | €540 | €553 | +€12 | +2.3% |
| Total equity and liabilities | 10/49 | €76,553 | €115,875 | +€39,322 | +51.4% |
| Equity | 10/15 | €20,349 | €24,863 | +€4,514 | +22.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Capital | 10 | €500 | - | -€500 | |
| Issued capital | 100 | €500 | - | -€500 | |
| Contributions outside capital | 11 | - | €500 | +€500 | |
| Other | 1109/19 | - | €500 | +€500 | |
| Profit (loss) carried forward | 14 | €19,849 | €24,363 | +€4,514 | +22.7% |
| Amounts payable | 17/49 | €56,204 | €91,012 | +€34,807 | +61.9% |
| Amounts payable after more than one year | 17 | - | €40,759 | +€40,759 | |
| Financial debts | 170/4 | - | €40,759 | +€40,759 | |
| Amounts payable within one year | 42/48 | €56,204 | €50,252 | -€5,952 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | - | €9,241 | +€9,241 | |
| Trade debts | 44 | €39,137 | €11,022 | -€28,115 | -71.8% |
| Suppliers | 440/4 | €39,137 | €11,022 | -€28,115 | -71.8% |
| Taxes, remuneration and social security | 45 | €16,730 | €29,990 | +€13,260 | +79.3% |
| Taxes | 450/3 | €5,232 | €10,239 | +€5,008 | +95.7% |
| Remuneration and social security | 454/9 | €11,498 | €19,750 | +€8,253 | +71.8% |
| Other amounts payable | 47/48 | €338 | - | -€338 | |
| Remuneration, social security and pensions | 62 | €25,713 | €39,324 | +€13,611 | +52.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128 | €2,265 | +€2,137 | +1,671% |
| Other operating charges | 640/8 | - | €4,885 | +€4,885 | |
| Gross operating margin | 9900 | €52,043 | €51,013 | -€1,030 | -2.0% |
| Operating profit (loss) | 9901 | €26,202 | €4,540 | -€21,662 | -82.7% |
| Financial income | 75/76B | €397 | €1,395 | +€998 | +252% |
| Recurring financial income | 75 | €397 | €1,395 | +€998 | +252% |
| Financial charges | 65/66B | €2,112 | €279 | -€1,832 | -86.8% |
| Recurring financial charges | 65 | €2,112 | €279 | -€1,832 | -86.8% |
| Profit (loss) for the period before taxes | 9903 | €24,487 | €5,655 | -€18,832 | -76.9% |
| Income taxes | 67/77 | €4,638 | €1,141 | -€3,497 | -75.4% |
| Profit (loss) for the period | 9904 | €19,849 | €4,514 | -€15,335 | -77.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,849 | €4,514 | -€15,335 | -77.3% |
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 28 October 2026 via checked.be.