DHONDT HOUTCONSTRUCTIES: 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.
DHONDT HOUTCONSTRUCTIES
Largest movements
- Stocks and contracts -€66,338
down €66,338 (-23.9%), from €277,162 to €210,824
- Receivables within one year +€15,931
up €15,931 (+22.6%), from €70,391 to €86,322
of which Trade receivables: +€26,059
- Cash -€8,906
down €8,906 (-27.8%), from €32,067 to €23,160
mainly Other debts (-€86,525) and Trade debts (-€17,159)
- Deferred charges and accrued income +€5,898
new in 2025: €5,898
- Other debts -€86,525
down €86,525 (-89.5%), from €96,683 to €10,158
- Debts after one year +€53,867
up €53,867 (+27.4%), from €196,889 to €250,756
- Trade debts -€17,159
down €17,159 (-20.8%), from €82,384 to €65,225
- Current portion of long-term debt -€10,402
down €10,402 (-53.6%), from €19,402 to €9,000
- Reserves +€5,084
up €5,084 (+25.1%), from €20,285 to €25,370
- Gross operating margin +€43,437
up €43,437 (+96.6%), from €44,959 to €88,396
- Staff costs +€42,769
up €42,769 (+336%), from €12,735 to €55,504
- Depreciation +€9,958
up €9,958 (+849%), from €1,173 to €11,131
- Other operating charges +€5,624
up €5,624 (+2,045%), from €275 to €5,899
- Financial charges +€2,188
up €2,188 (+40.2%), from €5,445 to €7,632
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 | €421,822 | €367,758 | -€54,064 | -12.8% |
| Fixed assets | 21/28 | €42,203 | €41,554 | -€648 | -1.5% |
| Tangible fixed assets | 22/27 | €42,203 | €41,554 | -€648 | -1.5% |
| Plant, machinery and equipment | 23 | €766 | €4,689 | +€3,924 | +513% |
| Furniture and vehicles | 24 | €41,437 | €36,865 | -€4,572 | -11.0% |
| Current assets | 29/58 | €379,619 | €326,204 | -€53,415 | -14.1% |
| Stocks and contracts in progress | 3 | €277,162 | €210,824 | -€66,338 | -23.9% |
| Stocks | 30/36 | €277,162 | €210,824 | -€66,338 | -23.9% |
| Amounts receivable within one year | 40/41 | €70,391 | €86,322 | +€15,931 | +22.6% |
| Trade receivables | 40 | €59,557 | €85,616 | +€26,059 | +43.8% |
| Other amounts receivable | 41 | €10,834 | €706 | -€10,128 | -93.5% |
| Cash at bank and in hand | 54/58 | €32,067 | €23,160 | -€8,906 | -27.8% |
| Deferred charges and accrued income | 490/1 | - | €5,898 | +€5,898 | |
| Total equity and liabilities | 10/49 | €421,822 | €367,758 | -€54,064 | -12.8% |
| Equity | 10/15 | €21,285 | €26,370 | +€5,084 | +23.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €20,285 | €25,370 | +€5,084 | +25.1% |
| Distributable reserves | 133 | €20,285 | €25,370 | +€5,084 | +25.1% |
| Amounts payable | 17/49 | €400,537 | €341,389 | -€59,148 | -14.8% |
| Amounts payable after more than one year | 17 | €196,889 | €250,756 | +€53,867 | +27.4% |
| Financial debts | 170/4 | €196,889 | €250,756 | +€53,867 | +27.4% |
| Amounts payable within one year | 42/48 | €203,648 | €90,633 | -€113,015 | -55.5% |
| Current portion of amounts payable after more than one year | 42 | €19,402 | €9,000 | -€10,402 | -53.6% |
| Trade debts | 44 | €82,384 | €65,225 | -€17,159 | -20.8% |
| Suppliers | 440/4 | €82,384 | €65,225 | -€17,159 | -20.8% |
| Taxes, remuneration and social security | 45 | €5,179 | €6,250 | +€1,071 | +20.7% |
| Taxes | 450/3 | €5,179 | €3,718 | -€1,461 | -28.2% |
| Remuneration and social security | 454/9 | - | €2,532 | +€2,532 | |
| Other amounts payable | 47/48 | €96,683 | €10,158 | -€86,525 | -89.5% |
| Remuneration, social security and pensions | 62 | €12,735 | €55,504 | +€42,769 | +336% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €11,131 | +€9,958 | +849% |
| Other operating charges | 640/8 | €275 | €5,899 | +€5,624 | +2,045% |
| Gross operating margin | 9900 | €44,959 | €88,396 | +€43,437 | +96.6% |
| Operating profit (loss) | 9901 | €30,776 | €15,862 | -€14,914 | -48.5% |
| Financial income | 75/76B | €133 | €272 | +€139 | +104% |
| Recurring financial income | 75 | €133 | €272 | +€139 | +104% |
| Financial charges | 65/66B | €5,445 | €7,632 | +€2,188 | +40.2% |
| Recurring financial charges | 65 | €5,445 | €7,632 | +€2,188 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €25,464 | €8,501 | -€16,963 | -66.6% |
| Income taxes | 67/77 | €5,179 | €3,417 | -€1,762 | -34.0% |
| Profit (loss) for the period | 9904 | €20,285 | €5,084 | -€15,201 | -74.9% |
| Profit (loss) for the period to be appropriated | 9905 | €20,285 | €5,084 | -€15,201 | -74.9% |
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 28 October 2026 via checked.be.