HURIAUX CONSTRUCTION: 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.
HURIAUX CONSTRUCTION
Largest movements
- Tangible fixed assets +€863,279
up €863,279 (+800%), from €107,939 to €971,218
of which Land and buildings: +€714,880
- Cash -€279,616
down €279,616 (-47.5%), from €588,908 to €309,292
mainly Investment in fixed assets (net) (-€940,501) and Tax, wage and social debts (-€93,235)
- Receivables within one year +€63,373
up €63,373 (+45.3%), from €139,906 to €203,279
of which Trade receivables: +€47,367
- Debts after one year +€555,437
new in 2025: €555,437
- Tax, wage and social debts -€93,235
down €93,235 (-84.5%), from €110,393 to €17,158
of which Taxes: -€94,235
- Profit (loss) carried forward +€64,919
up €64,919 (+10.1%), from €640,080 to €704,999
- Reserves +€50,000
up €50,000 (+250%), from €20,000 to €70,000
- Trade debts +€36,116
up €36,116 (+574%), from €6,287 to €42,403
- Gross operating margin -€421,580
down €421,580 (-57.0%), from €738,981 to €317,401
- Taxes -€150,531
down €150,531 (-89.7%), from €167,758 to €17,227
- Other operating charges +€95,016
up €95,016 (+1,965%), from €4,835 to €99,851
- Depreciation +€31,498
up €31,498 (+68.9%), from €45,724 to €77,222
- Provisions -€23,563
down €23,563 (-97.3%), from €24,213 to €650
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 | €841,909 | €1,484,697 | +€642,788 | +76.3% |
| Fixed assets | 21/28 | €108,847 | €972,126 | +€863,279 | +793% |
| Tangible fixed assets | 22/27 | €107,939 | €971,218 | +€863,279 | +800% |
| Land and buildings | 22 | - | €714,880 | +€714,880 | |
| Plant, machinery and equipment | 23 | €98,739 | €256,338 | +€157,599 | +160% |
| Furniture and vehicles | 24 | €9,200 | - | -€9,200 | |
| Financial fixed assets | 28 | €908 | €908 | = | 0.0% |
| Current assets | 29/58 | €733,062 | €512,571 | -€220,491 | -30.1% |
| Amounts receivable within one year | 40/41 | €139,906 | €203,279 | +€63,373 | +45.3% |
| Trade receivables | 40 | €137,480 | €184,847 | +€47,367 | +34.5% |
| Other amounts receivable | 41 | €2,426 | €18,432 | +€16,006 | +660% |
| Cash at bank and in hand | 54/58 | €588,908 | €309,292 | -€279,616 | -47.5% |
| Deferred charges and accrued income | 490/1 | €4,248 | - | -€4,248 | |
| Total equity and liabilities | 10/49 | €841,909 | €1,484,697 | +€642,788 | +76.3% |
| Equity | 10/15 | €665,080 | €779,999 | +€114,919 | +17.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €70,000 | +€50,000 | +250% |
| Distributable reserves | 133 | €20,000 | €70,000 | +€50,000 | +250% |
| Profit (loss) carried forward | 14 | €640,080 | €704,999 | +€64,919 | +10.1% |
| Provisions and deferred taxes | 16 | €55,843 | €56,493 | +€650 | +1.2% |
| Provisions for liabilities and charges | 160/5 | €55,843 | €56,493 | +€650 | +1.2% |
| Other liabilities and charges | 164/5 | €55,843 | €56,493 | +€650 | +1.2% |
| Amounts payable | 17/49 | €120,986 | €648,205 | +€527,219 | +436% |
| Amounts payable after more than one year | 17 | - | €555,437 | +€555,437 | |
| Financial debts | 170/4 | - | €555,437 | +€555,437 | |
| Amounts payable within one year | 42/48 | €120,986 | €92,768 | -€28,218 | -23.3% |
| Current portion of amounts payable after more than one year | 42 | - | €31,677 | +€31,677 | |
| Trade debts | 44 | €6,287 | €42,403 | +€36,116 | +574% |
| Suppliers | 440/4 | €6,287 | €42,403 | +€36,116 | +574% |
| Advances received on contracts in progress | 46 | €1,349 | - | -€1,349 | |
| Taxes, remuneration and social security | 45 | €110,393 | €17,158 | -€93,235 | -84.5% |
| Taxes | 450/3 | €106,393 | €12,158 | -€94,235 | -88.6% |
| Remuneration and social security | 454/9 | €4,000 | €5,000 | +€1,000 | +25.0% |
| Other amounts payable | 47/48 | €2,957 | €1,530 | -€1,427 | -48.3% |
| Remuneration, social security and pensions | 62 | €438 | €169 | -€269 | -61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,724 | €77,222 | +€31,498 | +68.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €24,213 | €650 | -€23,563 | -97.3% |
| Other operating charges | 640/8 | €4,835 | €99,851 | +€95,016 | +1,965% |
| Gross operating margin | 9900 | €738,981 | €317,401 | -€421,580 | -57.0% |
| Operating profit (loss) | 9901 | €663,771 | €139,509 | -€524,262 | -79.0% |
| Financial income | 75/76B | €403 | €2,968 | +€2,565 | +636% |
| Recurring financial income | 75 | €403 | €2,968 | +€2,565 | +636% |
| Financial charges | 65/66B | €4,609 | €10,331 | +€5,722 | +124% |
| Recurring financial charges | 65 | €4,609 | €10,331 | +€5,722 | +124% |
| Profit (loss) for the period before taxes | 9903 | €659,565 | €132,146 | -€527,419 | -80.0% |
| Income taxes | 67/77 | €167,758 | €17,227 | -€150,531 | -89.7% |
| Profit (loss) for the period | 9904 | €491,807 | €114,919 | -€376,888 | -76.6% |
| Profit (loss) for the period to be appropriated | 9905 | €491,807 | €114,919 | -€376,888 | -76.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.