D.H. CONSTRUCTION: 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.
D.H. CONSTRUCTION
Largest movements
- Receivables within one year +€632,294
up €632,294 (+2,605%), from €24,276 to €656,570
of which Other amounts receivable: +€507,264
- Stocks and contracts -€358,200
down €358,200 (-87.5%), from €409,450 to €51,250
- Cash -€76,994
down €76,994 (-98.4%), from €78,208 to €1,214
mainly Receivables within one year (-€632,294) and Trade debts (-€12,685)
- Profit (loss) carried forward +€102,106
up €102,106 (+358%), from €28,536 to €130,642
- Other debts +€91,250
up €91,250 (+25.7%), from €355,117 to €446,367
- Current portion of long-term debt +€14,949
up €14,949 (+192%), from €7,795 to €22,744
- Trade debts -€12,685
down €12,685 (-16.1%), from €78,778 to €66,094
- Write-downs -€72,525
no longer reported in 2025 (was €72,525)
- Gross operating margin +€19,970
up €19,970 (+8.3%), from €239,486 to €259,456
- Financial income +€18,297
up €18,297 (+2,858,883%), from €1 to €18,297
of which Non-recurring financial income: +€18,297
- Taxes +€11,181
up €11,181 (+208%), from €5,384 to €16,564
- Staff costs +€9,224
up €9,224 (+6.5%), from €141,017 to €150,240
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 | €528,309 | €723,195 | +€194,886 | +36.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €14,700 | €14,161 | -€540 | -3.7% |
| Tangible fixed assets | 22/27 | €14,700 | €9,961 | -€4,740 | -32.2% |
| Plant, machinery and equipment | 23 | €14,700 | €9,961 | -€4,740 | -32.2% |
| Financial fixed assets | 28 | - | €4,200 | +€4,200 | |
| Current assets | 29/58 | €513,609 | €709,034 | +€195,425 | +38.0% |
| Stocks and contracts in progress | 3 | €409,450 | €51,250 | -€358,200 | -87.5% |
| Contracts in progress | 37 | €409,450 | €51,250 | -€358,200 | -87.5% |
| Amounts receivable within one year | 40/41 | €24,276 | €656,570 | +€632,294 | +2,605% |
| Trade receivables | 40 | €5,227 | €130,257 | +€125,030 | +2,392% |
| Other amounts receivable | 41 | €19,049 | €526,313 | +€507,264 | +2,663% |
| Cash at bank and in hand | 54/58 | €78,208 | €1,214 | -€76,994 | -98.4% |
| Deferred charges and accrued income | 490/1 | €1,675 | €0 | -€1,675 | -100% |
| Total equity and liabilities | 10/49 | €528,309 | €723,195 | +€194,886 | +36.9% |
| Equity | 10/15 | €53,536 | €155,642 | +€102,106 | +191% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,536 | €130,642 | +€102,106 | +358% |
| Amounts payable | 17/49 | €474,773 | €567,553 | +€92,780 | +19.5% |
| Amounts payable within one year | 42/48 | €474,773 | €567,553 | +€92,780 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €7,795 | €22,744 | +€14,949 | +192% |
| Trade debts | 44 | €78,778 | €66,094 | -€12,685 | -16.1% |
| Suppliers | 440/4 | €78,778 | €66,094 | -€12,685 | -16.1% |
| Taxes, remuneration and social security | 45 | €33,083 | €32,348 | -€735 | -2.2% |
| Taxes | 450/3 | €13,384 | €8,846 | -€4,538 | -33.9% |
| Remuneration and social security | 454/9 | €19,699 | €23,502 | +€3,803 | +19.3% |
| Other amounts payable | 47/48 | €355,117 | €446,367 | +€91,250 | +25.7% |
| Remuneration, social security and pensions | 62 | €141,017 | €150,240 | +€9,224 | +6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,499 | €4,740 | +€240 | +5.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €72,525 | - | -€72,525 | |
| Other operating charges | 640/8 | €799 | €37 | -€762 | -95.4% |
| Non-recurring operating charges | 66A | - | €21 | +€21 | |
| Gross operating margin | 9900 | €239,486 | €259,456 | +€19,970 | +8.3% |
| Operating profit (loss) | 9901 | €20,646 | €104,419 | +€83,773 | +406% |
| Financial income | 75/76B | €1 | €18,297 | +€18,297 | +2,858,883% |
| Recurring financial income | 75 | €1 | €18,297 | +€18,297 | +2,858,883% |
| Non-recurring financial income | 76B | - | €18,297 | +€18,297 | |
| Financial charges | 65/66B | €2,777 | €4,047 | +€1,270 | +45.7% |
| Recurring financial charges | 65 | €2,777 | €4,047 | +€1,270 | +45.7% |
| Profit (loss) for the period before taxes | 9903 | €17,870 | €118,670 | +€100,800 | +564% |
| Income taxes | 67/77 | €5,384 | €16,564 | +€11,181 | +208% |
| Profit (loss) for the period | 9904 | €12,486 | €102,106 | +€89,619 | +718% |
| Profit (loss) for the period to be appropriated | 9905 | €12,486 | €102,106 | +€89,619 | +718% |
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 14 October 2026 via checked.be.