HODY CONSTRUCT: what changed
HODY CONSTRUCT
Largest movements
- Cash +€29,421
up €29,421 (+45.5%), from €64,596 to €94,017
mainly Net result for the year (+€44,979) and Depreciation (+€19,403)
- Tangible fixed assets +€11,430
up €11,430 (+22.2%), from €51,414 to €62,844
- Receivables within one year +€6,040
up €6,040 (+29.3%), from €20,596 to €26,635
of which Trade receivables: +€12,970
- Stocks and contracts +€3,752
up €3,752 (+301%), from €1,248 to €5,000
- Profit (loss) carried forward +€44,979
new in 2025: €44,979
- Debts after one year +€16,127
up €16,127 (+56.6%), from €28,480 to €44,607
- Tax, wage and social debts -€9,032
down €9,032 (-46.5%), from €19,429 to €10,396
of which Taxes: -€10,273
- Trade debts -€8,370
down €8,370 (-87.9%), from €9,518 to €1,148
- Current portion of long-term debt +€6,123
up €6,123 (+63.6%), from €9,628 to €15,752
- Staff costs +€20,078
new in 2025: €20,078
- Gross operating margin -€19,836
down €19,836 (-17.0%), from €116,464 to €96,628
- Taxes -€13,673
down €13,673 (-52.2%), from €26,179 to €12,505
- Financial income +€1,634
up €1,634 (+114%), from €1,438 to €3,073
of which Non-recurring financial income: +€2,219
- Financial charges +€1,341
up €1,341 (+96.2%), from €1,395 to €2,736
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 | €138,730 | €188,558 | +€49,827 | +35.9% |
| Fixed assets | 21/28 | €51,414 | €62,844 | +€11,430 | +22.2% |
| Tangible fixed assets | 22/27 | €51,414 | €62,844 | +€11,430 | +22.2% |
| Furniture and vehicles | 24 | €51,414 | €62,844 | +€11,430 | +22.2% |
| Current assets | 29/58 | €87,316 | €125,713 | +€38,398 | +44.0% |
| Stocks and contracts in progress | 3 | €1,248 | €5,000 | +€3,752 | +301% |
| Stocks | 30/36 | €1,248 | €5,000 | +€3,752 | +301% |
| Amounts receivable within one year | 40/41 | €20,596 | €26,635 | +€6,040 | +29.3% |
| Trade receivables | 40 | - | €12,970 | +€12,970 | |
| Other amounts receivable | 41 | €20,596 | €13,665 | -€6,930 | -33.6% |
| Cash at bank and in hand | 54/58 | €64,596 | €94,017 | +€29,421 | +45.5% |
| Deferred charges and accrued income | 490/1 | €877 | €62 | -€815 | -93.0% |
| Total equity and liabilities | 10/49 | €138,730 | €188,558 | +€49,827 | +35.9% |
| Equity | 10/15 | €71,675 | €116,654 | +€44,979 | +62.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €69,675 | €69,675 | = | 0.0% |
| Distributable reserves | 133 | €69,675 | €69,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €44,979 | +€44,979 | |
| Amounts payable | 17/49 | €67,055 | €71,904 | +€4,848 | +7.2% |
| Amounts payable after more than one year | 17 | €28,480 | €44,607 | +€16,127 | +56.6% |
| Financial debts | 170/4 | €28,480 | €44,607 | +€16,127 | +56.6% |
| Amounts payable within one year | 42/48 | €38,575 | €27,296 | -€11,279 | -29.2% |
| Current portion of amounts payable after more than one year | 42 | €9,628 | €15,752 | +€6,123 | +63.6% |
| Trade debts | 44 | €9,518 | €1,148 | -€8,370 | -87.9% |
| Suppliers | 440/4 | €9,518 | €1,148 | -€8,370 | -87.9% |
| Taxes, remuneration and social security | 45 | €19,429 | €10,396 | -€9,032 | -46.5% |
| Taxes | 450/3 | €16,929 | €6,655 | -€10,273 | -60.7% |
| Remuneration and social security | 454/9 | €2,500 | €3,741 | +€1,241 | +49.6% |
| Remuneration, social security and pensions | 62 | - | €20,078 | +€20,078 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,269 | €19,403 | -€866 | -4.3% |
| Other operating charges | 640/8 | €385 | - | -€385 | |
| Gross operating margin | 9900 | €116,464 | €96,628 | -€19,836 | -17.0% |
| Operating profit (loss) | 9901 | €95,810 | €57,147 | -€38,663 | -40.4% |
| Financial income | 75/76B | €1,438 | €3,073 | +€1,634 | +114% |
| Recurring financial income | 75 | €1,438 | €854 | -€585 | -40.7% |
| Non-recurring financial income | 76B | - | €2,219 | +€2,219 | |
| Financial charges | 65/66B | €1,395 | €2,736 | +€1,341 | +96.2% |
| Recurring financial charges | 65 | €1,395 | €2,736 | +€1,341 | +96.2% |
| Profit (loss) for the period before taxes | 9903 | €95,854 | €57,484 | -€38,369 | -40.0% |
| Income taxes | 67/77 | €26,179 | €12,505 | -€13,673 | -52.2% |
| Profit (loss) for the period | 9904 | €69,675 | €44,979 | -€24,696 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €69,675 | €44,979 | -€24,696 | -35.4% |
Next steps
Calculation and sources
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 5 November 2026 via checked.be.