VR-CONSTRUCTIE: 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.
VR-CONSTRUCTIE
Largest movements
- Receivables within one year +€30,607
up €30,607 (+258.2%), from €11,854 to €42,461
of which Trade receivables: +€30,560
- Tangible fixed assets -€9,408
down €9,408 (-7.3%), from €129,068 to €119,660
- Stocks and contracts -€8,226
down €8,226 (-43.9%), from €18,739 to €10,513
of which Contracts in progress: -€5,000
- Cash -€7,637
down €7,637 (-100.0%), from €7,637 to €0
mainly Receivables within one year (-€30,607) and Debts after one year (-€11,250)
- Deferred charges and accrued income -€3,514
down €3,514 (-46.5%), from €7,558 to €4,044
- Short-term financial debts +€13,085
up €13,085, from €0 to €13,085
- Debts after one year -€11,250
down €11,250 (-25.0%), from €45,000 to €33,750
- Other debts -€5,573
down €5,573 (-39.7%), from €14,035 to €8,462
- Tax, wage and social debts +€5,192
up €5,192 (+34.1%), from €15,234 to €20,426
of which Remuneration and social security: +€3,000
- Gross operating margin +€3,546
up €3,546 (+22.8%), from €15,562 to €19,108
- Financial charges +€1,598
up €1,598 (+49.7%), from €3,212 to €4,810
- Depreciation -€1,499
down €1,499 (-13.7%), from €10,908 to €9,408
- Other operating charges -€333
down €333 (-7.8%), from €4,246 to €3,913
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 | €174,857 | €176,679 | +€1,822 | +1.0% |
| Fixed assets | 21/28 | €129,068 | €119,660 | -€9,408 | -7.3% |
| Tangible fixed assets | 22/27 | €129,068 | €119,660 | -€9,408 | -7.3% |
| Land and buildings | 22 | €101,039 | €97,810 | -€3,229 | -3.2% |
| Plant, machinery and equipment | 23 | €4,179 | €2,647 | -€1,532 | -36.7% |
| Other tangible fixed assets | 26 | €23,850 | €19,203 | -€4,647 | -19.5% |
| Current assets | 29/58 | €45,789 | €57,019 | +€11,230 | +24.5% |
| Stocks and contracts in progress | 3 | €18,739 | €10,513 | -€8,226 | -43.9% |
| Stocks | 30/36 | €13,739 | €10,513 | -€3,226 | -23.5% |
| Contracts in progress | 37 | €5,000 | €0 | -€5,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €11,854 | €42,461 | +€30,607 | +258.2% |
| Trade receivables | 40 | €11,854 | €42,415 | +€30,560 | +257.8% |
| Other amounts receivable | 41 | €0 | €47 | +€47 | |
| Cash at bank and in hand | 54/58 | €7,637 | €0 | -€7,637 | -100.0% |
| Deferred charges and accrued income | 490/1 | €7,558 | €4,044 | -€3,514 | -46.5% |
| Total equity and liabilities | 10/49 | €174,857 | €176,679 | +€1,822 | +1.0% |
| Equity | 10/15 | €77,548 | €78,414 | +€866 | +1.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €71,348 | €72,214 | +€866 | +1.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,653 | €1,653 | = | 0.0% |
| Distributable reserves | 133 | €67,835 | €68,701 | +€866 | +1.3% |
| Amounts payable | 17/49 | €97,309 | €98,265 | +€956 | +1.0% |
| Amounts payable after more than one year | 17 | €45,000 | €33,750 | -€11,250 | -25.0% |
| Financial debts | 170/4 | €45,000 | €33,750 | -€11,250 | -25.0% |
| Amounts payable within one year | 42/48 | €52,309 | €64,515 | +€12,206 | +23.3% |
| Current portion of amounts payable after more than one year | 42 | €11,250 | €11,250 | = | 0.0% |
| Financial debts | 43 | €0 | €13,085 | +€13,085 | |
| Credit institutions | 430/8 | €0 | €13,085 | +€13,085 | |
| Trade debts | 44 | €11,790 | €11,291 | -€498 | -4.2% |
| Suppliers | 440/4 | €11,790 | €11,291 | -€498 | -4.2% |
| Taxes, remuneration and social security | 45 | €15,234 | €20,426 | +€5,192 | +34.1% |
| Taxes | 450/3 | €7,734 | €9,926 | +€2,192 | +28.3% |
| Remuneration and social security | 454/9 | €7,500 | €10,500 | +€3,000 | +40.0% |
| Other amounts payable | 47/48 | €14,035 | €8,462 | -€5,573 | -39.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,908 | €9,408 | -€1,499 | -13.7% |
| Other operating charges | 640/8 | €4,246 | €3,913 | -€333 | -7.8% |
| Gross operating margin | 9900 | €15,562 | €19,108 | +€3,546 | +22.8% |
| Operating profit (loss) | 9901 | €408 | €5,787 | +€5,378 | +1316.7% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100.0% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100.0% |
| Financial charges | 65/66B | €3,212 | €4,810 | +€1,598 | +49.7% |
| Recurring financial charges | 65 | €3,212 | €4,810 | +€1,598 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,803 | €976 | +€3,780 | |
| Income taxes | 67/77 | €0 | €111 | +€111 | |
| Profit (loss) for the period | 9904 | -€2,803 | €866 | +€3,669 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,803 | €866 | +€3,669 |
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 6 October 2026 via checked.be.