V.G. 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.
V.G. Construct
Largest movements
- Receivables within one year -€505
down €505 (-100%), from €505 to €0
of which Other amounts receivable: -€302
- Cash +€213
up €213 (+673%), from €32 to €244
mainly Trade debts (+€3,691) and Receivables within one year (+€505)
- Profit (loss) carried forward -€3,708
down €3,708 (-32.1%), from -€11,552 to -€15,260
- Trade debts +€3,691
up €3,691, from €0 to €3,691
- Other debts -€276
down €276 (-2.9%), from €9,589 to €9,313
- Gross operating margin -€1,083
down €1,083 (-45.0%), from -€2,408 to -€3,492
- Other operating charges -€96
down €96 (-40.1%), from €241 to €144
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 | €537 | €244 | -€293 | -54.5% |
| Current assets | 29/58 | €537 | €244 | -€293 | -54.5% |
| Amounts receivable within one year | 40/41 | €505 | €0 | -€505 | -100% |
| Trade receivables | 40 | €203 | €0 | -€203 | -100% |
| Other amounts receivable | 41 | €302 | €0 | -€302 | -100% |
| Cash at bank and in hand | 54/58 | €32 | €244 | +€213 | +673% |
| Total equity and liabilities | 10/49 | €537 | €244 | -€293 | -54.5% |
| Equity | 10/15 | -€9,052 | -€12,760 | -€3,708 | -41.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,552 | -€15,260 | -€3,708 | -32.1% |
| Amounts payable | 17/49 | €9,589 | €13,004 | +€3,415 | +35.6% |
| Amounts payable within one year | 42/48 | €9,589 | €13,004 | +€3,415 | +35.6% |
| Trade debts | 44 | €0 | €3,691 | +€3,691 | |
| Suppliers | 440/4 | €0 | €3,691 | +€3,691 | |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €9,589 | €9,313 | -€276 | -2.9% |
| Other operating charges | 640/8 | €241 | €144 | -€96 | -40.1% |
| Gross operating margin | 9900 | -€2,408 | -€3,492 | -€1,083 | -45.0% |
| Operating profit (loss) | 9901 | -€2,649 | -€3,636 | -€987 | -37.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,716 | -€3,708 | -€992 | -36.5% |
| Profit (loss) for the period | 9904 | -€2,716 | -€3,708 | -€992 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,716 | -€3,708 | -€992 | -36.5% |
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 20 October 2026 via checked.be.