DH CONSTRUCTION & RENOVATION: 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.
DH CONSTRUCTION & RENOVATION
Largest movements
- Cash +€9,515
up €9,515 (+78.6%), from €12,098 to €21,613
mainly Depreciation (+€10,838) and Net result for the year (+€7,393)
- Receivables within one year +€7,915
up €7,915 (+48.7%), from €16,258 to €24,173
of which Other amounts receivable: +€17,299
- Tangible fixed assets -€4,874
down €4,874 (-13.3%), from €36,566 to €31,692
of which Furniture and vehicles: -€7,923
- Deferred charges and accrued income +€994
up €994 (+283%), from €352 to €1,346
- Reserves +€20,000
new in 2025: €20,000
- Profit (loss) carried forward -€12,607
down €12,607 (-44.1%), from €28,577 to €15,969
- Trade debts +€4,989
up €4,989 (+194%), from €2,575 to €7,563
- Debts after one year -€2,769
down €2,769 (-14.3%), from €19,372 to €16,602
- Current portion of long-term debt +€2,504
up €2,504 (+52.4%), from €4,780 to €7,284
- Staff costs +€41,929
new in 2025: €41,929
- Gross operating margin +€22,731
up €22,731 (+52.4%), from €43,389 to €66,120
- Depreciation +€3,392
up €3,392 (+45.6%), from €7,446 to €10,838
- Taxes -€2,553
down €2,553 (-37.3%), from €6,839 to €4,286
- Financial charges +€1,147
up €1,147 (+218%), from €527 to €1,675
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 | €65,274 | €78,824 | +€13,550 | +20.8% |
| Fixed assets | 21/28 | €36,566 | €31,692 | -€4,874 | -13.3% |
| Tangible fixed assets | 22/27 | €36,566 | €31,692 | -€4,874 | -13.3% |
| Plant, machinery and equipment | 23 | €5,080 | €8,129 | +€3,049 | +60.0% |
| Furniture and vehicles | 24 | €31,486 | €23,563 | -€7,923 | -25.2% |
| Current assets | 29/58 | €28,708 | €47,132 | +€18,424 | +64.2% |
| Amounts receivable within one year | 40/41 | €16,258 | €24,173 | +€7,915 | +48.7% |
| Trade receivables | 40 | €9,900 | €516 | -€9,384 | -94.8% |
| Other amounts receivable | 41 | €6,358 | €23,657 | +€17,299 | +272% |
| Cash at bank and in hand | 54/58 | €12,098 | €21,613 | +€9,515 | +78.6% |
| Deferred charges and accrued income | 490/1 | €352 | €1,346 | +€994 | +283% |
| Total equity and liabilities | 10/49 | €65,274 | €78,824 | +€13,550 | +20.8% |
| Equity | 10/15 | €30,077 | €37,469 | +€7,393 | +24.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Revaluation surpluses | 12 | €0 | - | = | |
| Reserves | 13 | - | €20,000 | +€20,000 | |
| Distributable reserves | 133 | - | €20,000 | +€20,000 | |
| Profit (loss) carried forward | 14 | €28,577 | €15,969 | -€12,607 | -44.1% |
| Amounts payable | 17/49 | €35,198 | €41,355 | +€6,157 | +17.5% |
| Amounts payable after more than one year | 17 | €19,372 | €16,602 | -€2,769 | -14.3% |
| Financial debts | 170/4 | €19,372 | €16,602 | -€2,769 | -14.3% |
| Amounts payable within one year | 42/48 | €15,826 | €24,597 | +€8,770 | +55.4% |
| Current portion of amounts payable after more than one year | 42 | €4,780 | €7,284 | +€2,504 | +52.4% |
| Trade debts | 44 | €2,575 | €7,563 | +€4,989 | +194% |
| Suppliers | 440/4 | €2,575 | €7,563 | +€4,989 | +194% |
| Taxes, remuneration and social security | 45 | €8,472 | €9,750 | +€1,278 | +15.1% |
| Taxes | 450/3 | €8,472 | €2,265 | -€6,207 | -73.3% |
| Remuneration and social security | 454/9 | - | €7,485 | +€7,485 | |
| Accrued charges and deferred income | 492/3 | - | €156 | +€156 | |
| Remuneration, social security and pensions | 62 | - | €41,929 | +€41,929 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,446 | €10,838 | +€3,392 | +45.6% |
| Gross operating margin | 9900 | €43,389 | €66,120 | +€22,731 | +52.4% |
| Operating profit (loss) | 9901 | €35,943 | €13,353 | -€22,590 | -62.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +4,600% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +4,600% |
| Financial charges | 65/66B | €527 | €1,675 | +€1,147 | +218% |
| Recurring financial charges | 65 | €527 | €1,675 | +€1,147 | +218% |
| Profit (loss) for the period before taxes | 9903 | €35,415 | €11,679 | -€23,737 | -67.0% |
| Income taxes | 67/77 | €6,839 | €4,286 | -€2,553 | -37.3% |
| Profit (loss) for the period | 9904 | €28,577 | €7,393 | -€21,184 | -74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,577 | €7,393 | -€21,184 | -74.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.