HEWI 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.
HEWI CONSTRUCT
Largest movements
- Receivables within one year -€147,082
down €147,082 (-83.5%), from €176,228 to €29,146
of which Other amounts receivable: -€101,896
- Tangible fixed assets -€8,835
down €8,835 (-17.1%), from €51,647 to €42,812
of which Plant, machinery and equipment: -€6,950
- Cash +€6,207
up €6,207 (+17.1%), from €36,343 to €42,550
mainly Receivables within one year (+€147,082) and Depreciation (+€14,755)
- Stocks and contracts +€2,857
new in 2026: €2,857
- Profit (loss) carried forward -€88,467
new in 2026: -€88,467
- Reserves -€58,825
down €58,825 (-32.6%), from €180,457 to €121,632
of which Distributable reserves: -€58,825
- Trade debts +€14,386
up €14,386 (+72.5%), from €19,837 to €34,223
- Debts after one year -€10,294
down €10,294 (-52.6%), from €19,571 to €9,277
- Tax, wage and social debts -€7,707
down €7,707 (-71.6%), from €10,764 to €3,056
of which Taxes: -€3,971
- Gross operating margin -€59,770
down €59,770 (-64.6%), from €92,573 to €32,804
- Taxes -€43,547
down €43,547, from €39,103 to -€4,444
- Write-downs +€41,987
new in 2026: €41,987
- Other operating charges -€8,440
down €8,440 (-91.9%), from €9,187 to €747
- Financial income +€8,010
up €8,010 (+702%), from €1,141 to €9,151
of which Non-recurring financial income: +€9,035
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €267,698 | €120,411 | -€147,287 | -55.0% |
| Fixed assets | 21/28 | €53,747 | €44,912 | -€8,835 | -16.4% |
| Tangible fixed assets | 22/27 | €51,647 | €42,812 | -€8,835 | -17.1% |
| Plant, machinery and equipment | 23 | €16,899 | €9,949 | -€6,950 | -41.1% |
| Furniture and vehicles | 24 | €34,748 | €32,863 | -€1,885 | -5.4% |
| Financial fixed assets | 28 | €2,100 | €2,100 | = | 0.0% |
| Current assets | 29/58 | €213,951 | €75,499 | -€138,452 | -64.7% |
| Stocks and contracts in progress | 3 | - | €2,857 | +€2,857 | |
| Stocks | 30/36 | - | €2,857 | +€2,857 | |
| Amounts receivable within one year | 40/41 | €176,228 | €29,146 | -€147,082 | -83.5% |
| Trade receivables | 40 | €63,643 | €18,457 | -€45,186 | -71.0% |
| Other amounts receivable | 41 | €112,585 | €10,689 | -€101,896 | -90.5% |
| Cash at bank and in hand | 54/58 | €36,343 | €42,550 | +€6,207 | +17.1% |
| Deferred charges and accrued income | 490/1 | €1,380 | €946 | -€434 | -31.4% |
| Total equity and liabilities | 10/49 | €267,698 | €120,411 | -€147,287 | -55.0% |
| Equity | 10/15 | €200,457 | €53,165 | -€147,292 | -73.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €180,457 | €121,632 | -€58,825 | -32.6% |
| 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 | €178,457 | €119,632 | -€58,825 | -33.0% |
| Profit (loss) carried forward | 14 | - | -€88,467 | -€88,467 | |
| Amounts payable | 17/49 | €67,241 | €67,246 | +€5 | 0.0% |
| Amounts payable after more than one year | 17 | €19,571 | €9,277 | -€10,294 | -52.6% |
| Financial debts | 170/4 | €19,571 | €9,277 | -€10,294 | -52.6% |
| Amounts payable within one year | 42/48 | €47,670 | €57,779 | +€10,109 | +21.2% |
| Current portion of amounts payable after more than one year | 42 | €9,868 | €10,294 | +€425 | +4.3% |
| Trade debts | 44 | €19,837 | €34,223 | +€14,386 | +72.5% |
| Suppliers | 440/4 | €19,837 | €34,223 | +€14,386 | +72.5% |
| Taxes, remuneration and social security | 45 | €10,764 | €3,056 | -€7,707 | -71.6% |
| Taxes | 450/3 | €4,117 | €146 | -€3,971 | -96.4% |
| Remuneration and social security | 454/9 | €6,646 | €2,910 | -€3,736 | -56.2% |
| Other amounts payable | 47/48 | €7,201 | €10,206 | +€3,005 | +41.7% |
| Accrued charges and deferred income | 492/3 | - | €190 | +€190 | |
| Non-recurring operating income | 76A | €50,248 | - | -€50,248 | |
| Remuneration, social security and pensions | 62 | -€2,977 | €63 | +€3,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,365 | €14,755 | +€1,390 | +10.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €41,987 | +€41,987 | |
| Other operating charges | 640/8 | €9,187 | €747 | -€8,440 | -91.9% |
| Non-recurring operating charges | 66A | - | €75,403 | +€75,403 | |
| Gross operating margin | 9900 | €92,573 | €32,804 | -€59,770 | -64.6% |
| Operating profit (loss) | 9901 | €72,999 | -€100,152 | -€173,150 | |
| Financial income | 75/76B | €1,141 | €9,151 | +€8,010 | +702% |
| Recurring financial income | 75 | €1,141 | €116 | -€1,025 | -89.8% |
| Non-recurring financial income | 76B | - | €9,035 | +€9,035 | |
| Financial charges | 65/66B | €2,868 | €1,911 | -€957 | -33.4% |
| Recurring financial charges | 65 | €2,868 | €1,911 | -€957 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €71,272 | -€92,911 | -€164,184 | |
| Income taxes | 67/77 | €39,103 | -€4,444 | -€43,547 | |
| Profit (loss) for the period | 9904 | €32,170 | -€88,467 | -€120,637 | |
| Profit (loss) for the period to be appropriated | 9905 | €32,170 | -€88,467 | -€120,637 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.