H&H 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&H CONSTRUCTION
Largest movements
- Cash -€3,379
down €3,379 (-96.7%), from €3,493 to €114
mainly Net result for the year (-€5,865) and Debts after one year (-€4,881)
- Profit (loss) carried forward -€5,865
down €5,865 (-27.1%), from -€21,640 to -€27,504
- Other debts +€4,959
up €4,959 (+2.9%), from €170,040 to €174,999
- Debts after one year -€4,881
down €4,881 (-9.5%), from €51,219 to €46,338
- Financial charges -€13,674
down €13,674 (-87.8%), from €15,569 to €1,895
- Gross operating margin -€12,559
down €12,559, from €10,477 to -€2,081
- Other operating charges -€2,816
down €2,816 (-67.8%), from €4,151 to €1,334
- Depreciation +€508
up €508 (+1,100%), from €46 to €554
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 | €308,310 | €304,377 | -€3,933 | -1.3% |
| Fixed assets | 21/28 | €2,170 | €1,616 | -€554 | -25.5% |
| Tangible fixed assets | 22/27 | €2,170 | €1,616 | -€554 | -25.5% |
| Furniture and vehicles | 24 | €2,170 | €1,616 | -€554 | -25.5% |
| Current assets | 29/58 | €306,140 | €302,761 | -€3,379 | -1.1% |
| Stocks and contracts in progress | 3 | €301,841 | €301,841 | = | 0.0% |
| Stocks | 30/36 | €301,841 | €301,841 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €806 | €806 | = | 0.0% |
| Other amounts receivable | 41 | €806 | €806 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,493 | €114 | -€3,379 | -96.7% |
| Total equity and liabilities | 10/49 | €308,310 | €304,377 | -€3,933 | -1.3% |
| Equity | 10/15 | €53,360 | €47,496 | -€5,865 | -11.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,640 | -€27,504 | -€5,865 | -27.1% |
| Amounts payable | 17/49 | €254,950 | €256,881 | +€1,931 | +0.8% |
| Amounts payable after more than one year | 17 | €51,219 | €46,338 | -€4,881 | -9.5% |
| Financial debts | 170/4 | €51,219 | €46,338 | -€4,881 | -9.5% |
| Amounts payable within one year | 42/48 | €203,731 | €210,543 | +€6,813 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €4,760 | €4,881 | +€121 | +2.5% |
| Trade debts | 44 | €28,931 | €30,663 | +€1,732 | +6.0% |
| Suppliers | 440/4 | €28,931 | €30,663 | +€1,732 | +6.0% |
| Other amounts payable | 47/48 | €170,040 | €174,999 | +€4,959 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46 | €554 | +€508 | +1,100% |
| Other operating charges | 640/8 | €4,151 | €1,334 | -€2,816 | -67.8% |
| Gross operating margin | 9900 | €10,477 | -€2,081 | -€12,559 | |
| Operating profit (loss) | 9901 | €6,280 | -€3,970 | -€10,250 | |
| Financial charges | 65/66B | €15,569 | €1,895 | -€13,674 | -87.8% |
| Recurring financial charges | 65 | €15,569 | €1,895 | -€13,674 | -87.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,289 | -€5,865 | +€3,424 | +36.9% |
| Profit (loss) for the period | 9904 | -€9,289 | -€5,865 | +€3,424 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,289 | -€5,865 | +€3,424 | +36.9% |
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 26 October 2026 via checked.be.