H. CONSTRUCT COMPANY: 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.
H. CONSTRUCT COMPANY
Largest movements
- Tangible fixed assets +€6,950
up €6,950 (+1,279%), from €543 to €7,494
of which Furniture and vehicles: +€7,349
- Cash +€6,018
up €6,018 (+162%), from €3,713 to €9,731
mainly Trade debts (+€10,371) and Net result for the year (+€6,905)
- Receivables within one year +€3,179
up €3,179 (+11.9%), from €26,735 to €29,914
of which Other amounts receivable: +€4,434
- Trade debts +€10,371
up €10,371 (+136%), from €7,613 to €17,984
- Profit (loss) carried forward +€6,905
up €6,905 (+40.0%), from €17,276 to €24,182
- Tax, wage and social debts -€748
down €748 (-16.2%), from €4,602 to €3,854
of which Remuneration and social security: -€1,700
- Gross operating margin +€6,809
up €6,809 (+104%), from €6,578 to €13,387
- Depreciation +€1,481
up €1,481 (+371%), from €399 to €1,880
- Taxes +€1,135
up €1,135 (+83.5%), from €1,359 to €2,495
- Other operating charges +€759
up €759 (+59.1%), from €1,284 to €2,043
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 | €30,991 | €47,520 | +€16,529 | +53.3% |
| Fixed assets | 21/28 | €543 | €7,494 | +€6,950 | +1,279% |
| Tangible fixed assets | 22/27 | €543 | €7,494 | +€6,950 | +1,279% |
| Plant, machinery and equipment | 23 | €543 | €144 | -€399 | -73.4% |
| Furniture and vehicles | 24 | - | €7,349 | +€7,349 | |
| Current assets | 29/58 | €30,448 | €40,026 | +€9,578 | +31.5% |
| Amounts receivable within one year | 40/41 | €26,735 | €29,914 | +€3,179 | +11.9% |
| Trade receivables | 40 | €24,219 | €22,964 | -€1,255 | -5.2% |
| Other amounts receivable | 41 | €2,516 | €6,950 | +€4,434 | +176% |
| Cash at bank and in hand | 54/58 | €3,713 | €9,731 | +€6,018 | +162% |
| Deferred charges and accrued income | 490/1 | - | €381 | +€381 | |
| Total equity and liabilities | 10/49 | €30,991 | €47,520 | +€16,529 | +53.3% |
| Equity | 10/15 | €18,776 | €25,682 | +€6,905 | +36.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,276 | €24,182 | +€6,905 | +40.0% |
| Amounts payable | 17/49 | €12,215 | €21,838 | +€9,623 | +78.8% |
| Amounts payable within one year | 42/48 | €12,215 | €21,838 | +€9,623 | +78.8% |
| Trade debts | 44 | €7,613 | €17,984 | +€10,371 | +136% |
| Suppliers | 440/4 | €7,613 | €17,984 | +€10,371 | +136% |
| Taxes, remuneration and social security | 45 | €4,602 | €3,854 | -€748 | -16.2% |
| Taxes | 450/3 | €2,902 | €3,854 | +€952 | +32.8% |
| Remuneration and social security | 454/9 | €1,700 | - | -€1,700 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €399 | €1,880 | +€1,481 | +371% |
| Other operating charges | 640/8 | €1,284 | €2,043 | +€759 | +59.1% |
| Gross operating margin | 9900 | €6,578 | €13,387 | +€6,809 | +104% |
| Operating profit (loss) | 9901 | €4,895 | €9,464 | +€4,569 | +93.4% |
| Financial income | 75/76B | €61 | €104 | +€43 | +70.8% |
| Recurring financial income | 75 | €61 | €104 | +€43 | +70.8% |
| Financial charges | 65/66B | €172 | €168 | -€5 | -2.6% |
| Recurring financial charges | 65 | €172 | €168 | -€5 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €4,783 | €9,400 | +€4,617 | +96.5% |
| Income taxes | 67/77 | €1,359 | €2,495 | +€1,135 | +83.5% |
| Profit (loss) for the period | 9904 | €3,424 | €6,905 | +€3,482 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €3,424 | €6,905 | +€3,482 | +102% |
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 20 October 2026 via checked.be.