VV-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.
VV-CONSTRUCT
Largest movements
- Current investments +€55,000
up €55,000 (+72.4%), from €75,969 to €130,969
- Tangible fixed assets -€15,304
down €15,304 (-23.4%), from €65,346 to €50,043
of which Furniture and vehicles: -€16,112
- Receivables within one year +€8,535
up €8,535 (+908%), from €940 to €9,476
of which Trade receivables: +€9,476
- Reserves +€47,491
up €47,491 (+31.4%), from €151,429 to €198,920
- Other debts +€6,617
new in 2025: €6,617
- Contributions -€4,200
down €4,200 (-67.7%), from €6,200 to €2,000
- Gross operating margin +€4,574
up €4,574 (+5.1%), from €89,895 to €94,470
- Taxes +€1,755
up €1,755 (+8.0%), from €22,057 to €23,812
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €166,879 | €216,844 | +€49,965 | +29.9% |
| Fixed assets | 21/28 | €65,346 | €50,043 | -€15,304 | -23.4% |
| Tangible fixed assets | 22/27 | €65,346 | €50,043 | -€15,304 | -23.4% |
| Plant, machinery and equipment | 23 | €5,281 | €6,981 | +€1,700 | +32.2% |
| Furniture and vehicles | 24 | €59,174 | €43,062 | -€16,112 | -27.2% |
| Other tangible fixed assets | 26 | €892 | €0 | -€892 | -100% |
| Current assets | 29/58 | €101,533 | €166,801 | +€65,268 | +64.3% |
| Amounts receivable within one year | 40/41 | €940 | €9,476 | +€8,535 | +908% |
| Trade receivables | 40 | - | €9,476 | +€9,476 | |
| Other amounts receivable | 41 | €940 | - | -€940 | |
| Current investments | 50/53 | €75,969 | €130,969 | +€55,000 | +72.4% |
| Cash at bank and in hand | 54/58 | €23,364 | €24,975 | +€1,611 | +6.9% |
| Deferred charges and accrued income | 490/1 | €1,259 | €1,381 | +€122 | +9.7% |
| Total equity and liabilities | 10/49 | €166,879 | €216,844 | +€49,965 | +29.9% |
| Equity | 10/15 | €157,629 | €200,920 | +€43,291 | +27.5% |
| Contributions | 10/11 | €6,200 | €2,000 | -€4,200 | -67.7% |
| Reserves | 13 | €151,429 | €198,920 | +€47,491 | +31.4% |
| Distributable reserves | 133 | €151,429 | €198,920 | +€47,491 | +31.4% |
| Amounts payable | 17/49 | €9,250 | €15,923 | +€6,674 | +72.2% |
| Amounts payable within one year | 42/48 | €8,726 | €15,458 | +€6,732 | +77.2% |
| Trade debts | 44 | €686 | €291 | -€395 | -57.5% |
| Suppliers | 440/4 | €686 | €291 | -€395 | -57.5% |
| Taxes, remuneration and social security | 45 | €8,040 | €8,550 | +€510 | +6.3% |
| Taxes | 450/3 | €8,040 | €8,550 | +€510 | +6.3% |
| Other amounts payable | 47/48 | - | €6,617 | +€6,617 | |
| Accrued charges and deferred income | 492/3 | €524 | €465 | -€59 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,543 | €22,260 | +€716 | +3.3% |
| Other operating charges | 640/8 | €1,081 | €792 | -€289 | -26.7% |
| Gross operating margin | 9900 | €89,895 | €94,470 | +€4,574 | +5.1% |
| Operating profit (loss) | 9901 | €67,271 | €71,418 | +€4,147 | +6.2% |
| Financial income | 75/76B | €28 | - | -€28 | |
| Recurring financial income | 75 | €28 | - | -€28 | |
| Financial charges | 65/66B | €278 | €115 | -€162 | -58.4% |
| Recurring financial charges | 65 | €278 | €115 | -€162 | -58.4% |
| Profit (loss) for the period before taxes | 9903 | €67,022 | €71,303 | +€4,281 | +6.4% |
| Income taxes | 67/77 | €22,057 | €23,812 | +€1,755 | +8.0% |
| Profit (loss) for the period | 9904 | €44,965 | €47,491 | +€2,526 | +5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,965 | €47,491 | +€2,526 | +5.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.