The construction and real estate market is experiencing dynamic times, with major themes such as sustainability, technology, digitalization and housing shortage. Along with these come complex financing and investment issues.
With our Construction and Real Estate team, you can count on sound advice on the financial and tax management of your projects. In addition, we are experienced in preparing and auditing financial statements. Important points of attention here are the valuation of projects in progress and land positions, as well as determining guarantee provisions.
Monitoring financial results
Your bottom line as a construction or construction-related company is determined by the coverage of overhead costs (AK) minus actual overhead costs. We are happy to periodically monitor with you the financial developments and expected results for each project. In this way, we provide essential insights into cost control and profitability. For example, we help you check whether your pre-calculation is correct and whether there is sufficient coverage for general costs.
Hedging financial risks
We also help you identify and manage financial risks. Our analyses and benchmarks provide insight into your performance against industry standards. In addition, we support you in obtaining project financing by developing financial models. We also assist with investment analysis so you can make informed decisions and effectively hedge financial risks.
Making the most of tax opportunities
There are various tax issues involved in the construction and real estate sector, from the VAT reverse charge mechanism for (sub)contracting and self-build to charging VAT on property sales. Relevant questions here are:
- Are you rightly billing without VAT, with VAT transferred to your client?
- Do you have a declaration of self-build from your client?
Transfer tax and land positions
Transfer tax and land positions
Transfer tax is also a major concern, for example, when acquiring existing real estate. The dividing line between existing real estate and real estate that can be delivered without VAT is thin. In the first case, transfer tax is due; in the second case - in the case of new construction or building land - delivery can take place with VAT, with no transfer tax due. Finally, we focus on holding, structuring and valuing your land positions.
Your strategic sparring partner
As you can see, we are not only responsible for your numbers; we are also a strategic partner contributing to sustainability, technology, circularity, social engagement, growth and innovation in the construction and real estate sector.
"Govers understands what we do and what we need financially."
Alius and Govers
Few sectors fluctuate as much as the renewable energy sector. Whereas solar panels were hard to come by two years ago, people are now much more reluctant to buy them. For Alius, a forerunner in renewable energy and a major player in this turbulent market, it is crucial to be able to continuously respond to ups and downs. "We sometimes jokingly call the energy market a 'Solarcoaster,'" says Alius DGA Wil van der Meijden. "And then it's nice that you can always count on the intensive guidance of Govers."
Alius is committed to the world of tomorrow. "We are committed to leaving a cleaner, better world for us and our children, and solar panels are still a great investment," Van der Meijden said. "For the past five years, Govers has guided us financially so that we can fully focus on our role in the energy transition. They offer us a comprehensive package of services. Besides the financial audit work, they offer a broad pallet of advisory work including tax advice. Independence remains guarded and there is a regular critical eye."
