H.E CONSTRUCTION: 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.E CONSTRUCTION
Largest movements
- Deferred charges and accrued income -€9,210
no longer reported in 2024 (was €9,210)
- Receivables within one year +€2,210
up €2,210 (+300.0%), from €737 to €2,947
- Cash +€423
new in 2024: €423
mainly Deferred charges and accrued income (+€9,210) and Trade debts (+€1,829)
- Profit (loss) carried forward -€8,406
down €8,406 (-649.8%), from -€1,294 to -€9,699
- Trade debts +€1,829
up €1,829 (+147.5%), from €1,240 to €3,069
- Gross operating margin -€8,170
down €8,170 (-6982.6%), from -€117 to -€8,287
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,947 | €3,370 | -€6,577 | -66.1% |
| Current assets | 29/58 | €9,947 | €3,370 | -€6,577 | -66.1% |
| Amounts receivable within one year | 40/41 | €737 | €2,947 | +€2,210 | +300.0% |
| Trade receivables | 40 | €737 | €2,947 | +€2,210 | +300.0% |
| Cash at bank and in hand | 54/58 | - | €423 | +€423 | |
| Deferred charges and accrued income | 490/1 | €9,210 | - | -€9,210 | |
| Total equity and liabilities | 10/49 | €9,947 | €3,370 | -€6,577 | -66.1% |
| Equity | 10/15 | €8,706 | €301 | -€8,406 | -96.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,294 | -€9,699 | -€8,406 | -649.8% |
| Amounts payable | 17/49 | €1,240 | €3,069 | +€1,829 | +147.5% |
| Amounts payable within one year | 42/48 | €1,240 | €3,069 | +€1,829 | +147.5% |
| Trade debts | 44 | €1,240 | €3,069 | +€1,829 | +147.5% |
| Suppliers | 440/4 | €1,240 | €3,069 | +€1,829 | +147.5% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Gross operating margin | 9900 | -€117 | -€8,287 | -€8,170 | -6982.6% |
| Operating profit (loss) | 9901 | -€117 | -€8,337 | -€8,220 | -7025.3% |
| Financial charges | 65/66B | €46 | €69 | +€23 | +50.0% |
| Recurring financial charges | 65 | €46 | €69 | +€23 | +50.0% |
| Profit (loss) for the period before taxes | 9903 | -€163 | -€8,406 | -€8,243 | -5056.8% |
| Profit (loss) for the period | 9904 | -€163 | -€8,406 | -€8,243 | -5056.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€163 | -€8,406 | -€8,243 | -5056.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.