L'HOIR CONSTRUCTIONS: 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.
L'HOIR CONSTRUCTIONS
Largest movements
- Stocks and contracts +€56,870
new in 2025: €56,870
- Tangible fixed assets -€43,446
down €43,446 (-37.4%), from €116,273 to €72,827
of which Furniture and vehicles: -€31,272
- Cash -€37,556
down €37,556 (-24.3%), from €154,801 to €117,245
mainly Stocks and contracts (-€56,870) and Contributions, distributions and other (-€40,000)
- Receivables within one year +€19,357
up €19,357 (+31.3%), from €61,792 to €81,149
of which Trade receivables: +€13,142
- Deferred charges and accrued income -€4,295
down €4,295 (-53.5%), from €8,021 to €3,726
- Profit (loss) carried forward -€42,138
no longer reported in 2025 (was €42,138)
- Other debts +€32,585
up €32,585 (+15.7%), from €206,950 to €239,535
- Trade debts +€4,145
up €4,145 (+542%), from €764 to €4,910
- Gross operating margin -€56,611
down €56,611 (-54.0%), from €104,762 to €48,152
- Staff costs -€23,575
down €23,575 (-78.1%), from €30,185 to €6,610
- Taxes -€6,098
down €6,098 (-94.2%), from €6,475 to €376
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 | €341,384 | €332,314 | -€9,070 | -2.7% |
| Fixed assets | 21/28 | €116,771 | €73,325 | -€43,446 | -37.2% |
| Tangible fixed assets | 22/27 | €116,273 | €72,827 | -€43,446 | -37.4% |
| Plant, machinery and equipment | 23 | €40,397 | €28,223 | -€12,174 | -30.1% |
| Furniture and vehicles | 24 | €75,876 | €44,603 | -€31,272 | -41.2% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €224,614 | €258,990 | +€34,376 | +15.3% |
| Stocks and contracts in progress | 3 | - | €56,870 | +€56,870 | |
| Stocks | 30/36 | - | €56,870 | +€56,870 | |
| Amounts receivable within one year | 40/41 | €61,792 | €81,149 | +€19,357 | +31.3% |
| Trade receivables | 40 | €20,203 | €33,345 | +€13,142 | +65.0% |
| Other amounts receivable | 41 | €41,588 | €47,804 | +€6,215 | +14.9% |
| Cash at bank and in hand | 54/58 | €154,801 | €117,245 | -€37,556 | -24.3% |
| Deferred charges and accrued income | 490/1 | €8,021 | €3,726 | -€4,295 | -53.5% |
| Total equity and liabilities | 10/49 | €341,384 | €332,314 | -€9,070 | -2.7% |
| Equity | 10/15 | €124,220 | €80,670 | -€43,550 | -35.1% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €32,082 | €30,670 | -€1,412 | -4.4% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €27,082 | €25,670 | -€1,412 | -5.2% |
| Profit (loss) carried forward | 14 | €42,138 | - | -€42,138 | |
| Amounts payable | 17/49 | €217,164 | €251,644 | +€34,480 | +15.9% |
| Amounts payable within one year | 42/48 | €217,164 | €251,644 | +€34,480 | +15.9% |
| Trade debts | 44 | €764 | €4,910 | +€4,145 | +542% |
| Suppliers | 440/4 | €764 | €4,910 | +€4,145 | +542% |
| Taxes, remuneration and social security | 45 | €9,450 | €7,200 | -€2,250 | -23.8% |
| Taxes | 450/3 | €9,450 | €7,200 | -€2,250 | -23.8% |
| Other amounts payable | 47/48 | €206,950 | €239,535 | +€32,585 | +15.7% |
| Remuneration, social security and pensions | 62 | €30,185 | €6,610 | -€23,575 | -78.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,219 | €43,446 | +€228 | +0.5% |
| Other operating charges | 640/8 | €1,022 | €882 | -€140 | -13.7% |
| Gross operating margin | 9900 | €104,762 | €48,152 | -€56,611 | -54.0% |
| Operating profit (loss) | 9901 | €30,336 | -€2,787 | -€33,124 | |
| Financial income | 75/76B | €40 | €22 | -€18 | -45.7% |
| Recurring financial income | 75 | €40 | €22 | -€18 | -45.7% |
| Financial charges | 65/66B | €191 | €408 | +€217 | +114% |
| Recurring financial charges | 65 | €191 | €408 | +€217 | +114% |
| Profit (loss) for the period before taxes | 9903 | €30,185 | -€3,174 | -€33,359 | |
| Income taxes | 67/77 | €6,475 | €376 | -€6,098 | -94.2% |
| Profit (loss) for the period | 9904 | €23,711 | -€3,550 | -€27,261 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,711 | -€3,550 | -€27,261 |
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 22 October 2026 via checked.be.