H.CONCRETE: what changed
H.CONCRETE
Largest movements
- Receivables within one year +€5,887
up €5,887 (+397%), from €1,484 to €7,372
of which Trade receivables: +€5,721
- Cash -€5,407
down €5,407 (-78.7%), from €6,868 to €1,461
mainly Receivables within one year (-€5,887) and Net result for the year (-€1,231)
- Tangible fixed assets -€378
down €378 (-14.3%), from €2,655 to €2,277
- Profit (loss) carried forward -€1,231
down €1,231 (-17.0%), from €7,252 to €6,021
- Trade debts +€1,050
new in 2025: €1,050
- Other debts +€283
new in 2025: €283
- Gross operating margin -€9,805
down €9,805, from €9,381 to -€424
- Taxes -€1,755
no longer reported in 2025 (was €1,755)
- Depreciation +€382
up €382 (+155%), from €247 to €629
- Financial charges +€102
up €102 (+131%), from €77 to €179
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,007 | €11,109 | +€102 | +0.9% |
| Fixed assets | 21/28 | €2,655 | €2,277 | -€378 | -14.3% |
| Tangible fixed assets | 22/27 | €2,655 | €2,277 | -€378 | -14.3% |
| Plant, machinery and equipment | 23 | €2,655 | €2,277 | -€378 | -14.3% |
| Current assets | 29/58 | €8,352 | €8,832 | +€480 | +5.8% |
| Amounts receivable within one year | 40/41 | €1,484 | €7,372 | +€5,887 | +397% |
| Trade receivables | 40 | €1,279 | €7,000 | +€5,721 | +447% |
| Other amounts receivable | 41 | €205 | €372 | +€167 | +81.4% |
| Cash at bank and in hand | 54/58 | €6,868 | €1,461 | -€5,407 | -78.7% |
| Total equity and liabilities | 10/49 | €11,007 | €11,109 | +€102 | +0.9% |
| Equity | 10/15 | €9,252 | €8,021 | -€1,231 | -13.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,252 | €6,021 | -€1,231 | -17.0% |
| Amounts payable | 17/49 | €1,755 | €3,088 | +€1,333 | +75.9% |
| Amounts payable within one year | 42/48 | €1,755 | €3,088 | +€1,333 | +75.9% |
| Trade debts | 44 | - | €1,050 | +€1,050 | |
| Suppliers | 440/4 | - | €1,050 | +€1,050 | |
| Taxes, remuneration and social security | 45 | €1,755 | €1,755 | = | 0.0% |
| Taxes | 450/3 | €1,755 | €1,755 | = | 0.0% |
| Other amounts payable | 47/48 | - | €283 | +€283 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €247 | €629 | +€382 | +155% |
| Other operating charges | 640/8 | €50 | - | -€50 | |
| Gross operating margin | 9900 | €9,381 | -€424 | -€9,805 | |
| Operating profit (loss) | 9901 | €9,084 | -€1,052 | -€10,137 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €77 | €179 | +€102 | +131% |
| Recurring financial charges | 65 | €77 | €179 | +€102 | +131% |
| Profit (loss) for the period before taxes | 9903 | €9,007 | -€1,231 | -€10,238 | |
| Income taxes | 67/77 | €1,755 | - | -€1,755 | |
| Profit (loss) for the period | 9904 | €7,252 | -€1,231 | -€8,483 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,252 | -€1,231 | -€8,483 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.