AH CONSTRUCTIONS: 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.
AH CONSTRUCTIONS
Largest movements
- Cash +€23,435
up €23,435 (+202.8%), from €11,553 to €34,988
mainly Net result for the year (+€61,775) and Receivables within one year (+€11,364)
- Receivables within one year -€11,364
down €11,364 (-18.6%), from €61,224 to €49,860
of which Trade receivables: -€8,151
- Deferred charges and accrued income +€1,042
up €1,042 (+57.4%), from €1,815 to €2,857
- Tangible fixed assets +€1,011
up €1,011 (+23.7%), from €4,262 to €5,273
of which Furniture and vehicles: +€1,438
- Profit (loss) carried forward +€23,369
up €23,369 (+60.8%), from €38,405 to €61,775
- Trade debts -€18,831
down €18,831 (-72.4%), from €26,020 to €7,189
- Tax, wage and social debts +€8,158
up €8,158 (+71.5%), from €11,408 to €19,566
of which Taxes: +€6,808
- Current portion of long-term debt +€1,327
up €1,327 (+77.7%), from €1,706 to €3,033
- Gross operating margin +€32,791
up €32,791 (+62.5%), from €52,445 to €85,236
- Taxes +€8,503
up €8,503 (+65.5%), from €12,982 to €21,485
- Financial income -€1,261
down €1,261 (-43.3%), from €2,912 to €1,650
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.
Cash bridge derived
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 | €78,854 | €92,977 | +€14,123 | +17.9% |
| Fixed assets | 21/28 | €4,262 | €5,273 | +€1,011 | +23.7% |
| Tangible fixed assets | 22/27 | €4,262 | €5,273 | +€1,011 | +23.7% |
| Plant, machinery and equipment | 23 | €1,065 | €638 | -€427 | -40.1% |
| Furniture and vehicles | 24 | €3,197 | €4,635 | +€1,438 | +45.0% |
| Current assets | 29/58 | €74,592 | €87,704 | +€13,112 | +17.6% |
| Amounts receivable within one year | 40/41 | €61,224 | €49,860 | -€11,364 | -18.6% |
| Trade receivables | 40 | €12,481 | €4,331 | -€8,151 | -65.3% |
| Other amounts receivable | 41 | €48,743 | €45,529 | -€3,213 | -6.6% |
| Cash at bank and in hand | 54/58 | €11,553 | €34,988 | +€23,435 | +202.8% |
| Deferred charges and accrued income | 490/1 | €1,815 | €2,857 | +€1,042 | +57.4% |
| Total equity and liabilities | 10/49 | €78,854 | €92,977 | +€14,123 | +17.9% |
| Equity | 10/15 | €38,519 | €61,888 | +€23,369 | +60.7% |
| Reserves | 13 | €114 | €114 | = | 0.0% |
| Distributable reserves | 133 | €114 | €114 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,405 | €61,775 | +€23,369 | +60.8% |
| Amounts payable | 17/49 | €40,335 | €31,089 | -€9,246 | -22.9% |
| Amounts payable within one year | 42/48 | €39,135 | €29,789 | -€9,346 | -23.9% |
| Current portion of amounts payable after more than one year | 42 | €1,706 | €3,033 | +€1,327 | +77.7% |
| Trade debts | 44 | €26,020 | €7,189 | -€18,831 | -72.4% |
| Suppliers | 440/4 | €26,020 | €7,189 | -€18,831 | -72.4% |
| Taxes, remuneration and social security | 45 | €11,408 | €19,566 | +€8,158 | +71.5% |
| Taxes | 450/3 | €11,408 | €18,216 | +€6,808 | +59.7% |
| Remuneration and social security | 454/9 | - | €1,350 | +€1,350 | |
| Accrued charges and deferred income | 492/3 | €1,200 | €1,300 | +€100 | +8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,162 | €2,427 | +€265 | +12.3% |
| Other operating charges | 640/8 | €685 | €757 | +€72 | +10.5% |
| Gross operating margin | 9900 | €52,445 | €85,236 | +€32,791 | +62.5% |
| Operating profit (loss) | 9901 | €49,598 | €82,052 | +€32,454 | +65.4% |
| Financial income | 75/76B | €2,912 | €1,650 | -€1,261 | -43.3% |
| Recurring financial income | 75 | €2,912 | €1,650 | -€1,261 | -43.3% |
| Financial charges | 65/66B | €1,122 | €443 | -€679 | -60.5% |
| Recurring financial charges | 65 | €1,122 | €443 | -€679 | -60.5% |
| Profit (loss) for the period before taxes | 9903 | €51,387 | €83,259 | +€31,872 | +62.0% |
| Income taxes | 67/77 | €12,982 | €21,485 | +€8,503 | +65.5% |
| Profit (loss) for the period | 9904 | €38,405 | €61,775 | +€23,369 | +60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €38,405 | €61,775 | +€23,369 | +60.8% |
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 9 October 2026 via checked.be.