B.H.M.R.: 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.M.R.
Largest movements
- Tangible fixed assets -€3,448
no longer reported in 2025 (was €3,448)
- Cash +€2,856
up €2,856 (+34.2%), from €8,355 to €11,211
mainly Depreciation (+€3,448) and Trade debts (+€541)
- Receivables within one year +€1,145
up €1,145 (+13.0%), from €8,815 to €9,960
- Trade debts +€541
up €541 (+293%), from €185 to €726
- Turnover -€2,360
down €2,360 (-6.8%), from €34,504 to €32,144
- Purchases and services -€2,089
down €2,089 (-7.3%), from €28,644 to €26,555
- Staff costs +€1,170
new in 2025: €1,170
- Depreciation -€608
down €608 (-15.0%), from €4,056 to €3,448
- Financial charges -€476
down €476 (-85.3%), from €558 to €82
of which Non-recurring financial charges: -€509
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 | €20,843 | €21,396 | +€553 | +2.7% |
| Fixed assets | 21/28 | €3,673 | €225 | -€3,448 | -93.9% |
| Tangible fixed assets | 22/27 | €3,448 | - | -€3,448 | |
| Furniture and vehicles | 24 | €3,448 | - | -€3,448 | |
| Financial fixed assets | 28 | €225 | €225 | = | 0.0% |
| Current assets | 29/58 | €17,170 | €21,171 | +€4,001 | +23.3% |
| Amounts receivable within one year | 40/41 | €8,815 | €9,960 | +€1,145 | +13.0% |
| Other amounts receivable | 41 | €8,815 | €9,960 | +€1,145 | +13.0% |
| Cash at bank and in hand | 54/58 | €8,355 | €11,211 | +€2,856 | +34.2% |
| Total equity and liabilities | 10/49 | €20,843 | €21,396 | +€553 | +2.7% |
| Equity | 10/15 | €20,394 | €20,452 | +€58 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,794 | €1,852 | +€58 | +3.3% |
| Amounts payable | 17/49 | €448 | €943 | +€495 | +110% |
| Amounts payable within one year | 42/48 | €448 | €943 | +€495 | +110% |
| Trade debts | 44 | €185 | €726 | +€541 | +293% |
| Suppliers | 440/4 | €185 | €726 | +€541 | +293% |
| Taxes, remuneration and social security | 45 | €65 | €132 | +€68 | +105% |
| Taxes | 450/3 | - | €49 | +€49 | |
| Remuneration and social security | 454/9 | €65 | €83 | +€18 | +28.6% |
| Other amounts payable | 47/48 | €199 | €85 | -€114 | -57.2% |
| Turnover | 70 | €34,504 | €32,144 | -€2,360 | -6.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,644 | €26,555 | -€2,089 | -7.3% |
| Remuneration, social security and pensions | 62 | - | €1,170 | +€1,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,056 | €3,448 | -€608 | -15.0% |
| Other operating charges | 640/8 | €575 | €831 | +€256 | +44.5% |
| Gross operating margin | 9900 | €5,860 | €5,589 | -€271 | -4.6% |
| Operating profit (loss) | 9901 | €1,229 | €140 | -€1,089 | -88.6% |
| Financial charges | 65/66B | €558 | €82 | -€476 | -85.3% |
| Recurring financial charges | 65 | €49 | €82 | +€33 | +68.2% |
| Non-recurring financial charges | 66B | €509 | - | -€509 | |
| Profit (loss) for the period before taxes | 9903 | €671 | €58 | -€613 | -91.3% |
| Profit (loss) for the period | 9904 | €671 | €58 | -€613 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €671 | €58 | -€613 | -91.3% |
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 19 October 2026 via checked.be.