H.M.N. 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.M.N. Construct
Largest movements
- Receivables within one year +€32,979
up €32,979 (+134.7%), from €24,487 to €57,466
of which Trade receivables: +€23,251
- Cash +€6,971
up €6,971 (+1374.9%), from €507 to €7,478
mainly Net result for the year (+€37,782) and Tax, wage and social debts (+€9,518)
- Profit (loss) carried forward +€37,782
up €37,782, from -€15,102 to €22,680
- Tax, wage and social debts +€9,518
up €9,518 (+248.0%), from €3,837 to €13,355
- Short-term financial debts -€6,656
no longer reported in 2024 (was €6,656)
- Turnover +€115,752
up €115,752 (+51.4%), from €225,361 to €341,113
- Purchases and services +€63,712
up €63,712 (+27.4%), from €232,723 to €296,434
- Gross operating margin +€53,101
up €53,101, from -€7,196 to €45,905
- Taxes +€5,424
up €5,424 (+195808.7%), from €3 to €5,427
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 | €24,994 | €64,944 | +€39,950 | +159.8% |
| Current assets | 29/58 | €24,994 | €64,944 | +€39,950 | +159.8% |
| Amounts receivable within one year | 40/41 | €24,487 | €57,466 | +€32,979 | +134.7% |
| Trade receivables | 40 | €9,338 | €32,589 | +€23,251 | +249.0% |
| Other amounts receivable | 41 | €15,148 | €24,877 | +€9,728 | +64.2% |
| Cash at bank and in hand | 54/58 | €507 | €7,478 | +€6,971 | +1374.9% |
| Total equity and liabilities | 10/49 | €24,994 | €64,944 | +€39,950 | +159.8% |
| Equity | 10/15 | €4,717 | €42,499 | +€37,782 | +800.9% |
| Contributions | 10/11 | €900 | €900 | = | 0.0% |
| Capital | 10 | €900 | €900 | = | 0.0% |
| Issued capital | 100 | €900 | €900 | = | 0.0% |
| Reserves | 13 | €18,919 | €18,919 | = | 0.0% |
| Non-distributable reserves | 130/1 | €18,919 | €18,919 | = | 0.0% |
| Legal reserve | 130 | €18,919 | €18,919 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,102 | €22,680 | +€37,782 | |
| Amounts payable | 17/49 | €20,276 | €22,445 | +€2,169 | +10.7% |
| Amounts payable within one year | 42/48 | €20,276 | €22,445 | +€2,169 | +10.7% |
| Financial debts | 43 | €6,656 | - | -€6,656 | |
| Credit institutions | 430/8 | €6,656 | - | -€6,656 | |
| Trade debts | 44 | €9,583 | €9,090 | -€493 | -5.1% |
| Suppliers | 440/4 | €9,583 | €9,090 | -€493 | -5.1% |
| Taxes, remuneration and social security | 45 | €3,837 | €13,355 | +€9,518 | +248.0% |
| Taxes | 450/3 | €3,837 | €13,355 | +€9,518 | +248.0% |
| Other amounts payable | 47/48 | €200 | - | -€200 | |
| Turnover | 70 | €225,361 | €341,113 | +€115,752 | +51.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €232,723 | €296,434 | +€63,712 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | - | -€268 | |
| Other operating charges | 640/8 | €1,179 | €901 | -€279 | -23.6% |
| Gross operating margin | 9900 | -€7,196 | €45,905 | +€53,101 | |
| Operating profit (loss) | 9901 | -€8,643 | €45,004 | +€53,648 | |
| Financial income | 75/76B | €302 | €8 | -€294 | -97.5% |
| Recurring financial income | 75 | €302 | €8 | -€294 | -97.5% |
| Financial charges | 65/66B | €1,886 | €1,804 | -€83 | -4.4% |
| Recurring financial charges | 65 | €1,886 | €1,804 | -€83 | -4.4% |
| Profit (loss) for the period before taxes | 9903 | -€10,228 | €43,208 | +€53,436 | |
| Income taxes | 67/77 | €3 | €5,427 | +€5,424 | +195808.7% |
| Profit (loss) for the period | 9904 | -€10,231 | €37,782 | +€48,012 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,231 | €37,782 | +€48,012 |
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 6 October 2026 via checked.be.