VPV CONSTRUCT: what changed
Two fiscal 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.
VPV CONSTRUCT
Largest movements
- Tangible fixed assets -€73,282
down €73,282 (-63.1%), from €116,143 to €42,862
of which Furniture and vehicles: -€70,372
- Receivables within one year +€68,266
up €68,266 (+79.0%), from €86,396 to €154,662
of which Trade receivables: +€71,281
- Receivables after one year +€19,297
up €19,297 (+9.3%), from €208,414 to €227,711
- Financial fixed assets +€15,000
up €15,000 (+25000.0%), from €60 to €15,060
- Trade debts +€62,281
up €62,281 (+94.4%), from €65,945 to €128,225
of which Suppliers: +€74,481
- Other debts -€15,948
down €15,948 (-42.0%), from €37,948 to €22,000
- Current portion of long-term debt -€10,245
no longer reported in 2024 (was €10,245)
- Tax, wage and social debts -€5,201
down €5,201 (-16.8%), from €30,981 to €25,780
of which Remuneration and social security: -€4,000
- Turnover -€422,539
no longer reported in 2024 (was €422,539)
- Purchases and services -€301,741
no longer reported in 2024 (was €301,741)
- Other operating charges +€25,825
up €25,825 (+151.0%), from €17,098 to €42,924
- Gross operating margin -€18,712
down €18,712 (-15.5%), from €120,799 to €102,087
- Depreciation -€17,283
down €17,283 (-51.4%), from €33,649 to €16,367
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 | €411,412 | €442,480 | +€31,067 | +7.6% |
| Fixed assets | 21/28 | €116,203 | €57,922 | -€58,282 | -50.2% |
| Tangible fixed assets | 22/27 | €116,143 | €42,862 | -€73,282 | -63.1% |
| Plant, machinery and equipment | 23 | €7,446 | €4,537 | -€2,909 | -39.1% |
| Furniture and vehicles | 24 | €108,697 | €38,325 | -€70,372 | -64.7% |
| Financial fixed assets | 28 | €60 | €15,060 | +€15,000 | +25000.0% |
| Current assets | 29/58 | €295,209 | €384,558 | +€89,349 | +30.3% |
| Amounts receivable after more than one year | 29 | €208,414 | €227,711 | +€19,297 | +9.3% |
| Other amounts receivable | 291 | €208,414 | €227,711 | +€19,297 | +9.3% |
| Amounts receivable within one year | 40/41 | €86,396 | €154,662 | +€68,266 | +79.0% |
| Trade receivables | 40 | €79,781 | €151,062 | +€71,281 | +89.3% |
| Other amounts receivable | 41 | €6,614 | €3,599 | -€3,015 | -45.6% |
| Cash at bank and in hand | 54/58 | €400 | €2,186 | +€1,786 | +446.6% |
| Total equity and liabilities | 10/49 | €411,412 | €442,480 | +€31,067 | +7.6% |
| Equity | 10/15 | €250,854 | €251,034 | +€180 | +0.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,654 | €244,834 | +€180 | +0.1% |
| Amounts payable | 17/49 | €160,558 | €191,446 | +€30,888 | +19.2% |
| Amounts payable within one year | 42/48 | €160,558 | €191,446 | +€30,888 | +19.2% |
| Current portion of amounts payable after more than one year | 42 | €10,245 | - | -€10,245 | |
| Financial debts | 43 | €15,440 | €15,440 | = | 0.0% |
| Credit institutions | 430/8 | €15,440 | €15,440 | = | 0.0% |
| Trade debts | 44 | €65,945 | €128,225 | +€62,281 | +94.4% |
| Suppliers | 440/4 | €53,745 | €128,225 | +€74,481 | +138.6% |
| Bills of exchange payable | 441 | €12,200 | - | -€12,200 | |
| Taxes, remuneration and social security | 45 | €30,981 | €25,780 | -€5,201 | -16.8% |
| Taxes | 450/3 | €23,481 | €22,280 | -€1,201 | -5.1% |
| Remuneration and social security | 454/9 | €7,500 | €3,500 | -€4,000 | -53.3% |
| Other amounts payable | 47/48 | €37,948 | €22,000 | -€15,948 | -42.0% |
| Turnover | 70 | €422,539 | - | -€422,539 | |
| Goods, raw materials, services and sundry goods | 60/61 | €301,741 | - | -€301,741 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,649 | €16,367 | -€17,283 | -51.4% |
| Other operating charges | 640/8 | €17,098 | €42,924 | +€25,825 | +151.0% |
| Gross operating margin | 9900 | €120,799 | €102,087 | -€18,712 | -15.5% |
| Operating profit (loss) | 9901 | €70,051 | €42,797 | -€27,254 | -38.9% |
| Financial charges | 65/66B | €3,941 | €10,781 | +€6,840 | +173.6% |
| Recurring financial charges | 65 | €3,941 | €10,781 | +€6,840 | +173.6% |
| Profit (loss) for the period before taxes | 9903 | €66,110 | €32,016 | -€34,094 | -51.6% |
| Income taxes | 67/77 | €10,622 | €11,837 | +€1,215 | +11.4% |
| Profit (loss) for the period | 9904 | €55,488 | €20,180 | -€35,309 | -63.6% |
| Profit (loss) for the period to be appropriated | 9905 | €55,488 | €20,180 | -€35,309 | -63.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.