HS BOUW: 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.
HS BOUW
Largest movements
- Receivables within one year -€54,189
down €54,189 (-46.9%), from €115,590 to €61,401
of which Trade receivables: -€59,843
- Cash +€30,857
up €30,857 (+1,248%), from €2,473 to €33,329
mainly Receivables within one year (+€54,189) and Net result for the year (+€12,158)
- Tangible fixed assets +€4,833
up €4,833 (+30.2%), from €16,021 to €20,853
of which Furniture and vehicles: +€7,645
- Tax, wage and social debts -€18,983
down €18,983 (-80.9%), from €23,461 to €4,478
of which Taxes: -€16,717
- Profit (loss) carried forward +€12,158
up €12,158 (+15.2%), from €80,210 to €92,368
- Other debts -€6,029
no longer reported in 2024 (was €6,029)
- Current portion of long-term debt -€5,037
no longer reported in 2024 (was €5,037)
- Gross operating margin -€78,441
down €78,441 (-38.4%), from €204,508 to €126,067
- Purchases and services +€18,089
up €18,089 (+10.0%), from €181,330 to €199,419
- Taxes -€17,057
down €17,057 (-84.5%), from €20,187 to €3,130
- Depreciation +€2,482
up €2,482 (+52.2%), from €4,752 to €7,234
- Staff costs +€2,340
up €2,340 (+2.4%), from €98,078 to €100,418
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €134,083 | €115,583 | -€18,499 | -13.8% |
| Fixed assets | 21/28 | €16,021 | €20,853 | +€4,833 | +30.2% |
| Tangible fixed assets | 22/27 | €16,021 | €20,853 | +€4,833 | +30.2% |
| Plant, machinery and equipment | 23 | €7,023 | €4,210 | -€2,813 | -40.0% |
| Furniture and vehicles | 24 | €8,998 | €16,643 | +€7,645 | +85.0% |
| Current assets | 29/58 | €118,062 | €94,730 | -€23,332 | -19.8% |
| Amounts receivable within one year | 40/41 | €115,590 | €61,401 | -€54,189 | -46.9% |
| Trade receivables | 40 | €104,733 | €44,890 | -€59,843 | -57.1% |
| Other amounts receivable | 41 | €10,857 | €16,511 | +€5,654 | +52.1% |
| Cash at bank and in hand | 54/58 | €2,473 | €33,329 | +€30,857 | +1,248% |
| Total equity and liabilities | 10/49 | €134,083 | €115,583 | -€18,499 | -13.8% |
| Equity | 10/15 | €85,210 | €97,368 | +€12,158 | +14.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €80,210 | €92,368 | +€12,158 | +15.2% |
| Amounts payable | 17/49 | €48,873 | €18,216 | -€30,657 | -62.7% |
| Amounts payable within one year | 42/48 | €48,873 | €18,216 | -€30,657 | -62.7% |
| Current portion of amounts payable after more than one year | 42 | €5,037 | - | -€5,037 | |
| Trade debts | 44 | €14,345 | €13,737 | -€607 | -4.2% |
| Suppliers | 440/4 | €14,345 | €13,737 | -€607 | -4.2% |
| Taxes, remuneration and social security | 45 | €23,461 | €4,478 | -€18,983 | -80.9% |
| Taxes | 450/3 | €20,187 | €3,471 | -€16,717 | -82.8% |
| Remuneration and social security | 454/9 | €3,274 | €1,008 | -€2,267 | -69.2% |
| Other amounts payable | 47/48 | €6,029 | - | -€6,029 | |
| Goods, raw materials, services and sundry goods | 60/61 | €181,330 | €199,419 | +€18,089 | +10.0% |
| Remuneration, social security and pensions | 62 | €98,078 | €100,418 | +€2,340 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,752 | €7,234 | +€2,482 | +52.2% |
| Other operating charges | 640/8 | €645 | €1,611 | +€966 | +150% |
| Gross operating margin | 9900 | €204,508 | €126,067 | -€78,441 | -38.4% |
| Operating profit (loss) | 9901 | €101,032 | €16,804 | -€84,228 | -83.4% |
| Financial income | 75/76B | €8 | €4 | -€3 | -43.7% |
| Recurring financial income | 75 | €8 | €4 | -€3 | -43.7% |
| Financial charges | 65/66B | €643 | €1,521 | +€878 | +137% |
| Recurring financial charges | 65 | €643 | €1,521 | +€878 | +137% |
| Profit (loss) for the period before taxes | 9903 | €100,397 | €15,288 | -€85,110 | -84.8% |
| Income taxes | 67/77 | €20,187 | €3,130 | -€17,057 | -84.5% |
| Profit (loss) for the period | 9904 | €80,210 | €12,158 | -€68,052 | -84.8% |
| Profit (loss) for the period to be appropriated | 9905 | €80,210 | €12,158 | -€68,052 | -84.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.