H & S CONSTRUCT: 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 & S CONSTRUCT
Largest movements
- Tangible fixed assets -€5,690
down €5,690 (-3.7%), from €152,312 to €146,622
of which Furniture and vehicles: -€5,350
- Receivables within one year -€2,610
down €2,610 (-95.7%), from €2,726 to €116
of which Trade receivables: -€2,120
- Current portion of long-term debt -€19,039
no longer reported in 2025 (was €19,039)
- Other debts +€17,400
up €17,400 (+13.6%), from €127,844 to €145,244
- Profit (loss) carried forward -€4,095
down €4,095 (-7.6%), from -€53,894 to -€57,989
- Trade debts -€2,132
down €2,132 (-68.2%), from €3,127 to €995
- Depreciation -€10,000
down €10,000 (-63.7%), from €15,690 to €5,690
- Gross operating margin +€2,665
up €2,665 (+105%), from €2,547 to €5,212
- Financial charges -€1,591
down €1,591 (-75.2%), from €2,115 to €524
- Other operating charges -€291
down €291 (-8.9%), from €3,252 to €2,961
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 | €156,077 | €149,125 | -€6,952 | -4.5% |
| Fixed assets | 21/28 | €152,312 | €146,622 | -€5,690 | -3.7% |
| Tangible fixed assets | 22/27 | €152,312 | €146,622 | -€5,690 | -3.7% |
| Land and buildings | 22 | €146,000 | €146,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €758 | €418 | -€340 | -44.9% |
| Furniture and vehicles | 24 | €5,554 | €204 | -€5,350 | -96.3% |
| Current assets | 29/58 | €3,765 | €2,503 | -€1,262 | -33.5% |
| Amounts receivable within one year | 40/41 | €2,726 | €116 | -€2,610 | -95.7% |
| Trade receivables | 40 | €2,120 | - | -€2,120 | |
| Other amounts receivable | 41 | €606 | €116 | -€490 | -80.9% |
| Cash at bank and in hand | 54/58 | €1,039 | €2,387 | +€1,348 | +130% |
| Total equity and liabilities | 10/49 | €156,077 | €149,125 | -€6,952 | -4.5% |
| Equity | 10/15 | €6,067 | €1,972 | -€4,095 | -67.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €39,961 | €39,961 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €37,961 | €37,961 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,894 | -€57,989 | -€4,095 | -7.6% |
| Amounts payable | 17/49 | €150,010 | €147,153 | -€2,857 | -1.9% |
| Amounts payable within one year | 42/48 | €150,010 | €147,153 | -€2,857 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €19,039 | - | -€19,039 | |
| Trade debts | 44 | €3,127 | €995 | -€2,132 | -68.2% |
| Suppliers | 440/4 | €3,127 | €995 | -€2,132 | -68.2% |
| Taxes, remuneration and social security | 45 | - | €914 | +€914 | |
| Taxes | 450/3 | - | €914 | +€914 | |
| Other amounts payable | 47/48 | €127,844 | €145,244 | +€17,400 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,690 | €5,690 | -€10,000 | -63.7% |
| Other operating charges | 640/8 | €3,252 | €2,961 | -€291 | -8.9% |
| Gross operating margin | 9900 | €2,547 | €5,212 | +€2,665 | +105% |
| Operating profit (loss) | 9901 | -€16,395 | -€3,439 | +€12,956 | +79.0% |
| Financial charges | 65/66B | €2,115 | €524 | -€1,591 | -75.2% |
| Recurring financial charges | 65 | €2,115 | €524 | -€1,591 | -75.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,510 | -€3,963 | +€14,547 | +78.6% |
| Income taxes | 67/77 | €112 | €132 | +€20 | +17.9% |
| Profit (loss) for the period | 9904 | -€18,622 | -€4,095 | +€14,527 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,622 | -€4,095 | +€14,527 | +78.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.