PODEVYN HOUTCONSTRUCTIES: 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.
PODEVYN HOUTCONSTRUCTIES
Largest movements
- Tangible fixed assets +€180,012
up €180,012 (+30.7%), from €586,813 to €766,825
of which Land and buildings: +€182,095
- Current investments -€150,000
down €150,000 (-100.0%), from €150,000 to €0
- Cash -€50,164
down €50,164 (-17.3%), from €290,802 to €240,638
mainly Investment in fixed assets (net) (-€220,895) and Debts after one year (-€38,904)
- Receivables within one year -€33,494
down €33,494 (-40.6%), from €82,449 to €48,955
of which Other amounts receivable: -€49,276
- Debts after one year -€38,904
down €38,904 (-18.5%), from €210,836 to €171,932
- Reserves -€12,586
down €12,586 (-2.0%), from €637,182 to €624,596
of which Tax-exempt reserves: -€15,622
- Gross operating margin -€111,448
down €111,448 (-62.3%), from €178,762 to €67,313
- Staff costs -€27,257
down €27,257 (-41.3%), from €65,937 to €38,680
- Taxes -€23,045
down €23,045, from €21,588 to -€1,458
- Financial income -€9,830
down €9,830 (-61.4%), from €16,019 to €6,189
- Depreciation -€6,292
down €6,292 (-13.3%), from €47,175 to €40,883
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.
Cash bridge derived
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 | €1,126,591 | €1,063,745 | -€62,846 | -5.6% |
| Fixed assets | 21/28 | €586,823 | €766,835 | +€180,012 | +30.7% |
| Tangible fixed assets | 22/27 | €586,813 | €766,825 | +€180,012 | +30.7% |
| Land and buildings | 22 | €506,309 | €688,404 | +€182,095 | +36.0% |
| Plant, machinery and equipment | 23 | €10,301 | €24,371 | +€14,070 | +136.6% |
| Furniture and vehicles | 24 | €70,203 | €54,050 | -€16,153 | -23.0% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €539,768 | €296,909 | -€242,859 | -45.0% |
| Stocks and contracts in progress | 3 | €11,859 | €7,316 | -€4,542 | -38.3% |
| Stocks | 30/36 | €11,859 | €7,316 | -€4,542 | -38.3% |
| Amounts receivable within one year | 40/41 | €82,449 | €48,955 | -€33,494 | -40.6% |
| Trade receivables | 40 | €7,525 | €23,308 | +€15,783 | +209.7% |
| Other amounts receivable | 41 | €74,924 | €25,648 | -€49,276 | -65.8% |
| Current investments | 50/53 | €150,000 | €0 | -€150,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €290,802 | €240,638 | -€50,164 | -17.3% |
| Deferred charges and accrued income | 490/1 | €4,658 | €0 | -€4,658 | -100.0% |
| Total equity and liabilities | 10/49 | €1,126,591 | €1,063,745 | -€62,846 | -5.6% |
| Equity | 10/15 | €667,182 | €654,596 | -€12,586 | -1.9% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €637,182 | €624,596 | -€12,586 | -2.0% |
| Tax-exempt reserves | 132 | €388,956 | €373,334 | -€15,622 | -4.0% |
| Distributable reserves | 133 | €248,226 | €251,262 | +€3,036 | +1.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €97,239 | €93,333 | -€3,906 | -4.0% |
| Deferred taxes | 168 | €97,239 | €93,333 | -€3,906 | -4.0% |
| Amounts payable | 17/49 | €362,170 | €315,815 | -€46,355 | -12.8% |
| Amounts payable after more than one year | 17 | €210,836 | €171,932 | -€38,904 | -18.5% |
| Financial debts | 170/4 | €210,836 | €171,932 | -€38,904 | -18.5% |
| Amounts payable within one year | 42/48 | €151,334 | €137,583 | -€13,750 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €37,727 | €38,904 | +€1,177 | +3.1% |
| Trade debts | 44 | €5,303 | €4,306 | -€997 | -18.8% |
| Suppliers | 440/4 | €5,303 | €4,306 | -€997 | -18.8% |
| Taxes, remuneration and social security | 45 | €14,330 | €10,690 | -€3,640 | -25.4% |
| Taxes | 450/3 | €12,777 | €7,307 | -€5,470 | -42.8% |
| Remuneration and social security | 454/9 | €1,552 | €3,383 | +€1,830 | +117.9% |
| Other amounts payable | 47/48 | €93,974 | €83,684 | -€10,291 | -11.0% |
| Accrued charges and deferred income | 492/3 | - | €6,300 | +€6,300 | |
| Non-recurring operating income | 76A | €21,910 | €0 | -€21,910 | -100.0% |
| Remuneration, social security and pensions | 62 | €65,937 | €38,680 | -€27,257 | -41.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,175 | €40,883 | -€6,292 | -13.3% |
| Other operating charges | 640/8 | €4,359 | €4,633 | +€274 | +6.3% |
| Gross operating margin | 9900 | €178,762 | €67,313 | -€111,448 | -62.3% |
| Operating profit (loss) | 9901 | €61,291 | -€16,882 | -€78,173 | |
| Financial income | 75/76B | €16,019 | €6,189 | -€9,830 | -61.4% |
| Recurring financial income | 75 | €16,019 | €6,189 | -€9,830 | -61.4% |
| Financial charges | 65/66B | €2,898 | €7,255 | +€4,357 | +150.4% |
| Recurring financial charges | 65 | €2,898 | €7,255 | +€4,357 | +150.4% |
| Profit (loss) for the period before taxes | 9903 | €74,412 | -€17,949 | -€92,360 | |
| Transfer from deferred taxes | 780 | €3,166 | €3,906 | +€740 | +23.4% |
| Income taxes | 67/77 | €21,588 | -€1,458 | -€23,045 | |
| Profit (loss) for the period | 9904 | €55,990 | -€12,586 | -€68,576 | |
| Transfer from tax-exempt reserves | 789 | €12,664 | €15,622 | +€2,958 | +23.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,654 | €3,036 | -€65,617 | -95.6% |
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 11 October 2026 via checked.be.