H & C Construct: what changed
Two fiscal 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.
H & C Construct
Largest movements
- Stocks and contracts +€215,686
up €215,686 (+51.8%), from €416,350 to €632,036
- Cash +€75,187
up €75,187 (+133.8%), from €56,195 to €131,382
mainly Other debts (+€215,066) and Debts after one year (+€149,097)
- Receivables within one year +€11,211
up €11,211 (+366.6%), from €3,058 to €14,269
of which Other amounts receivable: +€8,269
- Other debts +€215,066
up €215,066 (+60.9%), from €353,431 to €568,497
- Debts after one year +€149,097
new in 2025: €149,097
- Trade debts -€45,814
down €45,814 (-80.8%), from €56,679 to €10,865
- Tax, wage and social debts -€19,059
down €19,059 (-94.1%), from €20,254 to €1,195
- Financial charges -€1,073
down €1,073 (-65.5%), from €1,637 to €564
- Taxes +€442
up €442 (+74.2%), from €596 to €1,037
- Financial income +€329
up €329 (+188.1%), from €175 to €505
- Gross operating margin +€61
up €61 (+1.4%), from €4,409 to €4,470
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 | €475,603 | €777,687 | +€302,084 | +63.5% |
| Current assets | 29/58 | €475,603 | €777,687 | +€302,084 | +63.5% |
| Stocks and contracts in progress | 3 | €416,350 | €632,036 | +€215,686 | +51.8% |
| Stocks | 30/36 | €416,350 | €632,036 | +€215,686 | +51.8% |
| Amounts receivable within one year | 40/41 | €3,058 | €14,269 | +€11,211 | +366.6% |
| Trade receivables | 40 | €2,968 | €5,910 | +€2,942 | +99.1% |
| Other amounts receivable | 41 | €89 | €8,359 | +€8,269 | +9244.4% |
| Cash at bank and in hand | 54/58 | €56,195 | €131,382 | +€75,187 | +133.8% |
| Total equity and liabilities | 10/49 | €475,603 | €777,687 | +€302,084 | +63.5% |
| Equity | 10/15 | €45,239 | €48,033 | +€2,795 | +6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €25,239 | €28,033 | +€2,795 | +11.1% |
| Distributable reserves | 133 | €25,239 | €28,033 | +€2,795 | +11.1% |
| Amounts payable | 17/49 | €430,364 | €729,654 | +€299,290 | +69.5% |
| Amounts payable after more than one year | 17 | - | €149,097 | +€149,097 | |
| Financial debts | 170/4 | - | €149,097 | +€149,097 | |
| Amounts payable within one year | 42/48 | €430,364 | €580,557 | +€150,193 | +34.9% |
| Trade debts | 44 | €56,679 | €10,865 | -€45,814 | -80.8% |
| Suppliers | 440/4 | €56,679 | €10,865 | -€45,814 | -80.8% |
| Taxes, remuneration and social security | 45 | €20,254 | €1,195 | -€19,059 | -94.1% |
| Taxes | 450/3 | €20,254 | €1,195 | -€19,059 | -94.1% |
| Other amounts payable | 47/48 | €353,431 | €568,497 | +€215,066 | +60.9% |
| Other operating charges | 640/8 | €564 | €578 | +€14 | +2.5% |
| Gross operating margin | 9900 | €4,409 | €4,470 | +€61 | +1.4% |
| Operating profit (loss) | 9901 | €3,845 | €3,892 | +€47 | +1.2% |
| Financial income | 75/76B | €175 | €505 | +€329 | +188.1% |
| Recurring financial income | 75 | €175 | €505 | +€329 | +188.1% |
| Financial charges | 65/66B | €1,637 | €564 | -€1,073 | -65.5% |
| Recurring financial charges | 65 | €1,637 | €564 | -€1,073 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €2,382 | €3,832 | +€1,450 | +60.8% |
| Income taxes | 67/77 | €596 | €1,037 | +€442 | +74.2% |
| Profit (loss) for the period | 9904 | €1,787 | €2,795 | +€1,008 | +56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €1,787 | €2,795 | +€1,008 | +56.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.