B H T SERVICES: 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 T SERVICES
Largest movements
- Tangible fixed assets -€14,545
down €14,545 (-57.1%), from €25,455 to €10,909
- Receivables within one year -€2,743
down €2,743 (-5.2%), from €52,580 to €49,837
of which Trade receivables: -€2,938
- Cash -€1,235
down €1,235 (-47.6%), from €2,595 to €1,361
mainly Contributions, distributions and other (-€11,765) and Debts after one year (-€11,104)
- Profit (loss) carried forward -€13,819
down €13,819 (-33.9%), from €40,774 to €26,955
- Debts after one year -€11,104
no longer reported in 2025 (was €11,104)
- Other debts +€4,916
up €4,916 (+257%), from €1,914 to €6,830
- Tax, wage and social debts +€2,787
up €2,787 (+114%), from €2,440 to €5,228
of which Taxes: +€2,755
- Current portion of long-term debt -€1,412
down €1,412 (-11.3%), from €12,515 to €11,104
- Other operating charges -€8,578
down €8,578 (-23.8%), from €36,089 to €27,511
- Taxes -€3,484
no longer reported in 2025 (was €3,484)
- Financial charges +€2,411
up €2,411 (+229%), from €1,052 to €3,462
- Staff costs -€1,132
down €1,132 (-91.9%), from €1,232 to €100
- Gross operating margin +€649
up €649 (+1.4%), from €44,775 to €45,424
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 | €94,922 | €76,399 | -€18,523 | -19.5% |
| Fixed assets | 21/28 | €39,454 | €24,908 | -€14,545 | -36.9% |
| Tangible fixed assets | 22/27 | €25,455 | €10,909 | -€14,545 | -57.1% |
| Furniture and vehicles | 24 | €25,455 | €10,909 | -€14,545 | -57.1% |
| Financial fixed assets | 28 | €13,999 | €13,999 | = | 0.0% |
| Current assets | 29/58 | €55,468 | €51,491 | -€3,977 | -7.2% |
| Amounts receivable within one year | 40/41 | €52,580 | €49,837 | -€2,743 | -5.2% |
| Trade receivables | 40 | €51,021 | €48,083 | -€2,938 | -5.8% |
| Other amounts receivable | 41 | €1,558 | €1,754 | +€195 | +12.5% |
| Cash at bank and in hand | 54/58 | €2,595 | €1,361 | -€1,235 | -47.6% |
| Deferred charges and accrued income | 490/1 | €293 | €293 | = | 0.0% |
| Total equity and liabilities | 10/49 | €94,922 | €76,399 | -€18,523 | -19.5% |
| Equity | 10/15 | €61,234 | €47,415 | -€13,819 | -22.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,774 | €26,955 | -€13,819 | -33.9% |
| Amounts payable | 17/49 | €33,688 | €28,984 | -€4,704 | -14.0% |
| Amounts payable after more than one year | 17 | €11,104 | - | -€11,104 | |
| Financial debts | 170/4 | €11,104 | - | -€11,104 | |
| Amounts payable within one year | 42/48 | €22,584 | €28,984 | +€6,400 | +28.3% |
| Current portion of amounts payable after more than one year | 42 | €12,515 | €11,104 | -€1,412 | -11.3% |
| Trade debts | 44 | €5,715 | €5,823 | +€109 | +1.9% |
| Suppliers | 440/4 | €5,715 | €5,823 | +€109 | +1.9% |
| Taxes, remuneration and social security | 45 | €2,440 | €5,228 | +€2,787 | +114% |
| Taxes | 450/3 | €2,440 | €5,195 | +€2,755 | +113% |
| Remuneration and social security | 454/9 | - | €33 | +€33 | |
| Other amounts payable | 47/48 | €1,914 | €6,830 | +€4,916 | +257% |
| Remuneration, social security and pensions | 62 | €1,232 | €100 | -€1,132 | -91.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,545 | €14,545 | = | 0.0% |
| Other operating charges | 640/8 | €36,089 | €27,511 | -€8,578 | -23.8% |
| Non-recurring operating charges | 66A | €250 | €1,860 | +€1,610 | +644% |
| Gross operating margin | 9900 | €44,775 | €45,424 | +€649 | +1.4% |
| Operating profit (loss) | 9901 | -€7,341 | €1,408 | +€8,749 | |
| Financial charges | 65/66B | €1,052 | €3,462 | +€2,411 | +229% |
| Recurring financial charges | 65 | €1,052 | €3,462 | +€2,411 | +229% |
| Profit (loss) for the period before taxes | 9903 | -€8,392 | -€2,054 | +€6,338 | +75.5% |
| Income taxes | 67/77 | €3,484 | - | -€3,484 | |
| Profit (loss) for the period | 9904 | -€11,877 | -€2,054 | +€9,822 | +82.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,877 | -€2,054 | +€9,822 | +82.7% |
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 27 October 2026 via checked.be.