HD Houtwerken: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
HD Houtwerken
Largest movements
- Cash +€53,167
up €53,167 (+71.0%), from €74,867 to €128,034
mainly Net result for the year (+€60,615) and Depreciation (+€17,875)
- Stocks and contracts -€16,636
down €16,636 (-48.7%), from €34,162 to €17,526
- Profit (loss) carried forward +€60,615
up €60,615 (+56.9%), from €106,546 to €167,161
- Other debts -€24,724
down €24,724 (-86.6%), from €28,542 to €3,817
- Trade debts -€15,953
down €15,953 (-79.1%), from €20,164 to €4,210
- Debts after one year +€9,510
up €9,510 (+167%), from €5,685 to €15,195
- Tax, wage and social debts +€8,221
up €8,221 (+69.7%), from €11,789 to €20,010
- Gross operating margin +€15,231
up €15,231 (+18.1%), from €84,364 to €99,595
- Depreciation +€6,928
up €6,928 (+63.3%), from €10,946 to €17,875
- Taxes +€5,852
up €5,852 (+41.3%), from €14,158 to €20,010
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €184,606 | €221,038 | +€36,432 | +19.7% |
| Fixed assets | 21/28 | €56,842 | €56,939 | +€97 | +0.2% |
| Tangible fixed assets | 22/27 | €55,717 | €55,814 | +€97 | +0.2% |
| Land and buildings | 22 | €4,873 | €4,373 | -€500 | -10.3% |
| Plant, machinery and equipment | 23 | €35,166 | €42,597 | +€7,432 | +21.1% |
| Furniture and vehicles | 24 | €15,678 | €8,843 | -€6,835 | -43.6% |
| Financial fixed assets | 28 | €1,125 | €1,125 | = | 0.0% |
| Current assets | 29/58 | €127,764 | €164,100 | +€36,335 | +28.4% |
| Stocks and contracts in progress | 3 | €34,162 | €17,526 | -€16,636 | -48.7% |
| Stocks | 30/36 | €34,162 | €17,526 | -€16,636 | -48.7% |
| Amounts receivable within one year | 40/41 | €18,137 | €17,579 | -€559 | -3.1% |
| Trade receivables | 40 | €18,137 | €9,998 | -€8,140 | -44.9% |
| Other amounts receivable | 41 | - | €7,581 | +€7,581 | |
| Cash at bank and in hand | 54/58 | €74,867 | €128,034 | +€53,167 | +71.0% |
| Deferred charges and accrued income | 490/1 | €598 | €961 | +€363 | +60.7% |
| Total equity and liabilities | 10/49 | €184,606 | €221,038 | +€36,432 | +19.7% |
| Equity | 10/15 | €109,046 | €169,661 | +€60,615 | +55.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | - | -€2,500 | |
| Share premium | 1100/10 | €2,500 | - | -€2,500 | |
| Profit (loss) carried forward | 14 | €106,546 | €167,161 | +€60,615 | +56.9% |
| Amounts payable | 17/49 | €75,560 | €51,377 | -€24,183 | -32.0% |
| Amounts payable after more than one year | 17 | €5,685 | €15,195 | +€9,510 | +167% |
| Financial debts | 170/4 | €5,685 | €15,195 | +€9,510 | +167% |
| Amounts payable within one year | 42/48 | €69,875 | €36,182 | -€33,693 | -48.2% |
| Current portion of amounts payable after more than one year | 42 | €6,174 | €8,144 | +€1,969 | +31.9% |
| Trade debts | 44 | €20,164 | €4,210 | -€15,953 | -79.1% |
| Suppliers | 440/4 | €20,164 | €4,210 | -€15,953 | -79.1% |
| Advances received on contracts in progress | 46 | €3,206 | - | -€3,206 | |
| Taxes, remuneration and social security | 45 | €11,789 | €20,010 | +€8,221 | +69.7% |
| Taxes | 450/3 | €11,789 | €20,010 | +€8,221 | +69.7% |
| Other amounts payable | 47/48 | €28,542 | €3,817 | -€24,724 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,946 | €17,875 | +€6,928 | +63.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €84,364 | €99,595 | +€15,231 | +18.1% |
| Operating profit (loss) | 9901 | €73,299 | €81,600 | +€8,301 | +11.3% |
| Financial income | 75/76B | €57 | €173 | +€116 | +204% |
| Recurring financial income | 75 | €57 | €173 | +€116 | +204% |
| Financial charges | 65/66B | €974 | €1,148 | +€174 | +17.8% |
| Recurring financial charges | 65 | €974 | €1,148 | +€174 | +17.8% |
| Profit (loss) for the period before taxes | 9903 | €72,382 | €80,626 | +€8,244 | +11.4% |
| Income taxes | 67/77 | €14,158 | €20,010 | +€5,852 | +41.3% |
| Profit (loss) for the period | 9904 | €58,224 | €60,615 | +€2,391 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,224 | €60,615 | +€2,391 | +4.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.