HITOU BOUWMAT: 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.
HITOU BOUWMAT
Largest movements
- Stocks and contracts +€243,726
up €243,726 (+54.2%), from €449,779 to €693,505
- Cash -€212,593
down €212,593 (-45.4%), from €468,493 to €255,899
mainly Stocks and contracts (-€243,726) and Deferred charges and accrued income (-€191,225)
- Deferred charges and accrued income +€191,225
up €191,225 (+1,776%), from €10,767 to €201,992
- Receivables within one year +€29,371
up €29,371 (+18.7%), from €157,353 to €186,723
- Tangible fixed assets -€17,020
down €17,020 (-5.4%), from €317,072 to €300,052
of which Land and buildings: -€11,040
- Short-term financial debts +€108,731
up €108,731 (+11.7%), from €926,436 to €1.0m
- Advances received +€101,783
new in 2025: €101,783
- Accrued charges and deferred income +€50,708
new in 2025: €50,708
- Tax, wage and social debts -€31,216
down €31,216 (-49.3%), from €63,374 to €32,158
of which Taxes: -€41,305
- Reserves +€25,441
up €25,441 (+7.5%), from €338,353 to €363,793
of which Distributable reserves: +€25,441
- Staff costs +€42,363
up €42,363 (+54.0%), from €78,424 to €120,787
- Other operating charges +€22,419
up €22,419 (+292%), from €7,690 to €30,109
- Gross operating margin +€18,377
up €18,377 (+9.6%), from €190,497 to €208,874
- Taxes -€9,548
down €9,548 (-46.6%), from €20,475 to €10,927
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 | €1,403,463 | €1,638,171 | +€234,709 | +16.7% |
| Fixed assets | 21/28 | €317,072 | €300,052 | -€17,020 | -5.4% |
| Tangible fixed assets | 22/27 | €317,072 | €300,052 | -€17,020 | -5.4% |
| Land and buildings | 22 | €293,320 | €282,280 | -€11,040 | -3.8% |
| Furniture and vehicles | 24 | €23,752 | €17,772 | -€5,980 | -25.2% |
| Current assets | 29/58 | €1,086,391 | €1,338,120 | +€251,729 | +23.2% |
| Stocks and contracts in progress | 3 | €449,779 | €693,505 | +€243,726 | +54.2% |
| Stocks | 30/36 | €449,779 | €693,505 | +€243,726 | +54.2% |
| Amounts receivable within one year | 40/41 | €157,353 | €186,723 | +€29,371 | +18.7% |
| Trade receivables | 40 | €157,353 | €186,723 | +€29,371 | +18.7% |
| Cash at bank and in hand | 54/58 | €468,493 | €255,899 | -€212,593 | -45.4% |
| Deferred charges and accrued income | 490/1 | €10,767 | €201,992 | +€191,225 | +1,776% |
| Total equity and liabilities | 10/49 | €1,403,463 | €1,638,171 | +€234,709 | +16.7% |
| Equity | 10/15 | €356,953 | €382,393 | +€25,441 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €338,353 | €363,793 | +€25,441 | +7.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,541 | €1,541 | = | 0.0% |
| Distributable reserves | 133 | €334,951 | €360,392 | +€25,441 | +7.6% |
| Amounts payable | 17/49 | €1,046,510 | €1,255,778 | +€209,268 | +20.0% |
| Amounts payable within one year | 42/48 | €1,046,510 | €1,205,070 | +€158,560 | +15.2% |
| Financial debts | 43 | €926,436 | €1,035,168 | +€108,731 | +11.7% |
| Other loans | 439 | €926,436 | €1,035,168 | +€108,731 | +11.7% |
| Trade debts | 44 | €56,700 | €35,962 | -€20,738 | -36.6% |
| Suppliers | 440/4 | €56,700 | €35,962 | -€20,738 | -36.6% |
| Advances received on contracts in progress | 46 | - | €101,783 | +€101,783 | |
| Taxes, remuneration and social security | 45 | €63,374 | €32,158 | -€31,216 | -49.3% |
| Taxes | 450/3 | €56,598 | €15,293 | -€41,305 | -73.0% |
| Remuneration and social security | 454/9 | €6,776 | €16,865 | +€10,089 | +149% |
| Accrued charges and deferred income | 492/3 | - | €50,708 | +€50,708 | |
| Remuneration, social security and pensions | 62 | €78,424 | €120,787 | +€42,363 | +54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,563 | €17,020 | +€457 | +2.8% |
| Other operating charges | 640/8 | €7,690 | €30,109 | +€22,419 | +292% |
| Gross operating margin | 9900 | €190,497 | €208,874 | +€18,377 | +9.6% |
| Operating profit (loss) | 9901 | €87,819 | €40,957 | -€46,862 | -53.4% |
| Financial income | 75/76B | €14 | €0 | -€14 | -98.5% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -98.5% |
| Financial charges | 65/66B | €5,282 | €4,590 | -€692 | -13.1% |
| Recurring financial charges | 65 | €5,282 | €4,590 | -€692 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €82,551 | €36,367 | -€46,183 | -55.9% |
| Income taxes | 67/77 | €20,475 | €10,927 | -€9,548 | -46.6% |
| Profit (loss) for the period | 9904 | €62,076 | €25,441 | -€36,635 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €62,076 | €25,441 | -€36,635 | -59.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.