H.J.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.J.CONSTRUCT
Largest movements
- Cash -€22,692
down €22,692 (-54.8%), from €41,422 to €18,731
mainly Investment in fixed assets (net) (-€19,965) and Debts after one year (-€9,883)
- Current investments +€7,907
up €7,907 (+9.5%), from €83,401 to €91,308
- Receivables within one year +€7,127
up €7,127 (+1.4%), from €525,843 to €532,970
of which Trade receivables: +€60,489
- Profit (loss) carried forward +€11,678
up €11,678 (+1.9%), from €607,706 to €619,383
- Debts after one year -€9,883
down €9,883 (-79.7%), from €12,400 to €2,517
- Turnover -€322,174
down €322,174 (-26.3%), from €1.2m to €900,852
- Purchases and services -€282,556
down €282,556 (-24.5%), from €1.2m to €868,667
- Gross operating margin -€48,271
down €48,271 (-60.0%), from €80,455 to €32,184
- Taxes -€15,657
down €15,657 (-81.9%), from €19,114 to €3,458
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 | €706,449 | €702,703 | -€3,747 | -0.5% |
| Fixed assets | 21/28 | €55,783 | €59,694 | +€3,911 | +7.0% |
| Tangible fixed assets | 22/27 | €55,533 | €59,444 | +€3,911 | +7.0% |
| Land and buildings | 22 | €18,786 | €18,042 | -€744 | -4.0% |
| Plant, machinery and equipment | 23 | - | €7,006 | +€7,006 | |
| Furniture and vehicles | 24 | €36,747 | €34,396 | -€2,351 | -6.4% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €650,666 | €643,009 | -€7,657 | -1.2% |
| Amounts receivable within one year | 40/41 | €525,843 | €532,970 | +€7,127 | +1.4% |
| Trade receivables | 40 | €93,278 | €153,767 | +€60,489 | +64.8% |
| Other amounts receivable | 41 | €432,565 | €379,203 | -€53,363 | -12.3% |
| Current investments | 50/53 | €83,401 | €91,308 | +€7,907 | +9.5% |
| Cash at bank and in hand | 54/58 | €41,422 | €18,731 | -€22,692 | -54.8% |
| Total equity and liabilities | 10/49 | €706,449 | €702,703 | -€3,747 | -0.5% |
| Equity | 10/15 | €653,016 | €664,693 | +€11,678 | +1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €39,110 | €39,110 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,250 | €37,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €607,706 | €619,383 | +€11,678 | +1.9% |
| Amounts payable | 17/49 | €53,434 | €38,009 | -€15,425 | -28.9% |
| Amounts payable after more than one year | 17 | €12,400 | €2,517 | -€9,883 | -79.7% |
| Financial debts | 170/4 | €12,400 | €2,517 | -€9,883 | -79.7% |
| Amounts payable within one year | 42/48 | €41,034 | €35,492 | -€5,542 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €10,378 | €9,883 | -€496 | -4.8% |
| Trade debts | 44 | €3,529 | - | -€3,529 | |
| Suppliers | 440/4 | €3,529 | - | -€3,529 | |
| Taxes, remuneration and social security | 45 | €17,752 | €21,134 | +€3,383 | +19.1% |
| Taxes | 450/3 | €17,752 | €21,134 | +€3,383 | +19.1% |
| Other amounts payable | 47/48 | €9,375 | €4,475 | -€4,900 | -52.3% |
| Turnover | 70 | €1,223,026 | €900,852 | -€322,174 | -26.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,151,223 | €868,667 | -€282,556 | -24.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,960 | €16,054 | +€4,094 | +34.2% |
| Other operating charges | 640/8 | €1,447 | €3,920 | +€2,473 | +170.9% |
| Gross operating margin | 9900 | €80,455 | €32,184 | -€48,271 | -60.0% |
| Operating profit (loss) | 9901 | €67,048 | €12,210 | -€54,838 | -81.8% |
| Financial income | 75/76B | €2,612 | €4,409 | +€1,797 | +68.8% |
| Recurring financial income | 75 | €2,612 | €4,409 | +€1,797 | +68.8% |
| Financial charges | 65/66B | €3,290 | €1,484 | -€1,806 | -54.9% |
| Recurring financial charges | 65 | €3,290 | €1,484 | -€1,806 | -54.9% |
| Profit (loss) for the period before taxes | 9903 | €66,370 | €15,136 | -€51,234 | -77.2% |
| Income taxes | 67/77 | €19,114 | €3,458 | -€15,657 | -81.9% |
| Profit (loss) for the period | 9904 | €47,256 | €11,678 | -€35,578 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €47,256 | €11,678 | -€35,578 | -75.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.