B&H Horeca Management: 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.
B&H Horeca Management
Largest movements
- Stocks and contracts -€3,265
down €3,265 (-34.9%), from €9,347 to €6,082
- Tangible fixed assets -€1,188
down €1,188 (-18.7%), from €6,368 to €5,180
of which Furniture and vehicles: -€986
- Cash +€918
up €918 (+196%), from €468 to €1,386
mainly Trade debts (+€12,511) and Tax, wage and social debts (+€8,616)
- Intangible fixed assets -€600
down €600 (-10.6%), from €5,666 to €5,066
- Receivables within one year +€356
up €356 (+517%), from €69 to €425
of which Trade receivables: +€188
- Profit (loss) carried forward -€26,695
down €26,695 (-188%), from -€14,183 to -€40,878
- Trade debts +€12,511
up €12,511 (+152%), from €8,239 to €20,751
- Tax, wage and social debts +€8,616
up €8,616 (+114%), from €7,554 to €16,170
of which Remuneration and social security: +€5,315
- Other debts +€1,548
up €1,548 (+15.3%), from €10,118 to €11,666
- Staff costs +€65,744
up €65,744 (+299%), from €21,957 to €87,701
- Gross operating margin +€55,389
up €55,389 (+517%), from €10,704 to €66,092
- Financial charges +€1,107
up €1,107 (+127%), from €869 to €1,976
- Depreciation +€873
up €873 (+95.5%), from €914 to €1,788
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 | €26,828 | €22,709 | -€4,119 | -15.4% |
| Fixed assets | 21/28 | €12,034 | €10,246 | -€1,788 | -14.9% |
| Intangible fixed assets | 21 | €5,666 | €5,066 | -€600 | -10.6% |
| Tangible fixed assets | 22/27 | €6,368 | €5,180 | -€1,188 | -18.7% |
| Furniture and vehicles | 24 | €4,435 | €3,449 | -€986 | -22.2% |
| Other tangible fixed assets | 26 | €1,933 | €1,731 | -€202 | -10.4% |
| Current assets | 29/58 | €14,794 | €12,462 | -€2,331 | -15.8% |
| Stocks and contracts in progress | 3 | €9,347 | €6,082 | -€3,265 | -34.9% |
| Stocks | 30/36 | €9,347 | €6,082 | -€3,265 | -34.9% |
| Amounts receivable within one year | 40/41 | €69 | €425 | +€356 | +517% |
| Trade receivables | 40 | - | €188 | +€188 | |
| Other amounts receivable | 41 | €69 | €237 | +€169 | +245% |
| Cash at bank and in hand | 54/58 | €468 | €1,386 | +€918 | +196% |
| Deferred charges and accrued income | 490/1 | €4,910 | €4,570 | -€341 | -6.9% |
| Total equity and liabilities | 10/49 | €26,828 | €22,709 | -€4,119 | -15.4% |
| Equity | 10/15 | €817 | -€25,878 | -€26,695 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,183 | -€40,878 | -€26,695 | -188% |
| Amounts payable | 17/49 | €26,011 | €48,586 | +€22,575 | +86.8% |
| Amounts payable within one year | 42/48 | €26,011 | €48,586 | +€22,575 | +86.8% |
| Trade debts | 44 | €8,239 | €20,751 | +€12,511 | +152% |
| Suppliers | 440/4 | €8,239 | €20,751 | +€12,511 | +152% |
| Advances received on contracts in progress | 46 | €100 | - | -€100 | |
| Taxes, remuneration and social security | 45 | €7,554 | €16,170 | +€8,616 | +114% |
| Taxes | 450/3 | €4,404 | €7,705 | +€3,301 | +75.0% |
| Remuneration and social security | 454/9 | €3,150 | €8,465 | +€5,315 | +169% |
| Other amounts payable | 47/48 | €10,118 | €11,666 | +€1,548 | +15.3% |
| Remuneration, social security and pensions | 62 | €21,957 | €87,701 | +€65,744 | +299% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €914 | €1,788 | +€873 | +95.5% |
| Other operating charges | 640/8 | €1,147 | €1,323 | +€177 | +15.4% |
| Gross operating margin | 9900 | €10,704 | €66,092 | +€55,389 | +517% |
| Operating profit (loss) | 9901 | -€13,315 | -€24,720 | -€11,406 | -85.7% |
| Financial income | 75/76B | €0 | €2 | +€2 | +3,400% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +3,400% |
| Financial charges | 65/66B | €869 | €1,976 | +€1,107 | +127% |
| Recurring financial charges | 65 | €869 | €1,976 | +€1,107 | +127% |
| Profit (loss) for the period before taxes | 9903 | -€14,183 | -€26,695 | -€12,511 | -88.2% |
| Profit (loss) for the period | 9904 | -€14,183 | -€26,695 | -€12,511 | -88.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,183 | -€26,695 | -€12,511 | -88.2% |
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 25 October 2026 via checked.be.