B.P.H.: 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.
What changed
B.P.H.
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€97,591
2023 · €62,289+€35,303
Equity
€131,734
2023 · €34,143+€97,591
Cash
€66,109
2023 · €61,594+€4,515
Balance sheet total
€1.8m
2023 · €1.7m+€112,317
Largest movements
Assets
- Receivables within one year +€159,876
up €159,876 (+19.3%), from €826,306 to €986,182
of which Other amounts receivable: +€220,658
- Stocks and contracts -€42,803
down €42,803 (-65.3%), from €65,501 to €22,698
Equity and liabilities
- Other debts +€611,451
up €611,451 (+71,967%), from €850 to €612,301
- Current portion of long-term debt -€228,831
down €228,831 (-37.9%), from €603,965 to €375,134
- Trade debts -€215,467
down €215,467 (-50.7%), from €425,305 to €209,838
- Profit (loss) carried forward +€97,591
up €97,591, from -€30,212 to €67,379
- Advances received -€76,593
down €76,593 (-93.1%), from €82,309 to €5,717
Income statement
- Gross operating margin +€288,410
up €288,410 (+41.2%), from €700,757 to €989,167
- Other operating charges +€150,749
up €150,749 (+466%), from €32,348 to €183,097
- Staff costs +€25,196
up €25,196 (+5.6%), from €452,171 to €477,367
- Depreciation +€16,620
up €16,620 (+13.4%), from €124,410 to €141,031
From the 2023 result to the 2024 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.
Result 2023
€62,289
Gross operating margin
+€288,410
Staff costs
-€25,196
Depreciation
-€16,620
Other operating charges
-€150,749
Other operating items
-€54,681
Financial income
+€935
Financial charges
-€1,459
Taxes
-€5,338
Result 2024
€97,591
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€412,298
Investment
-€133,691
Financing
-€274,092
Cash 2023
€61,594
From operations (derived)
+€412,298
Net result for the year
+€97,591
Depreciation
+€141,031
Stocks and contracts
+€42,803
Receivables within one year
-€159,876
Deferred charges and accrued income
+€1,931
Trade debts
-€215,467
Tax, wage and social debts
-€30,573
Advances received
-€76,593
Other debts
+€611,451
Investment (derived)
-€133,691
Investment in fixed assets (net)
-€133,691
Financing
-€274,092
Debts after one year
-€45,262
Current portion of long-term debt
-€228,831
Cash 2024
€66,109
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,650,368 | €1,762,685 | +€112,317 | +6.8% |
| Fixed assets | 21/28 | €695,036 | €687,696 | -€7,340 | -1.1% |
| Tangible fixed assets | 22/27 | €691,519 | €684,179 | -€7,340 | -1.1% |
| Land and buildings | 22 | €530,578 | €501,147 | -€29,431 | -5.5% |
| Plant, machinery and equipment | 23 | €2,461 | €3,365 | +€904 | +36.7% |
| Furniture and vehicles | 24 | €145,337 | €169,987 | +€24,649 | +17.0% |
| Other tangible fixed assets | 26 | €13,143 | €9,680 | -€3,463 | -26.3% |
| Financial fixed assets | 28 | €3,517 | €3,517 | = | 0.0% |
| Current assets | 29/58 | €955,332 | €1,074,989 | +€119,657 | +12.5% |
| Stocks and contracts in progress | 3 | €65,501 | €22,698 | -€42,803 | -65.3% |
| Stocks | 30/36 | €65,501 | €22,698 | -€42,803 | -65.3% |
| Amounts receivable within one year | 40/41 | €826,306 | €986,182 | +€159,876 | +19.3% |
| Trade receivables | 40 | €508,609 | €447,827 | -€60,782 | -12.0% |
| Other amounts receivable | 41 | €317,697 | €538,355 | +€220,658 | +69.5% |
| Cash at bank and in hand | 54/58 | €61,594 | €66,109 | +€4,515 | +7.3% |
| Deferred charges and accrued income | 490/1 | €1,931 | - | -€1,931 | |
| Total equity and liabilities | 10/49 | €1,650,368 | €1,762,685 | +€112,317 | +6.8% |
| Equity | 10/15 | €34,143 | €131,734 | +€97,591 | +286% |
| Contributions | 10/11 | €62,248 | €62,248 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €248 | €248 | = | 0.0% |
| Share premium | 1100/10 | €248 | €248 | = | 0.0% |
| Reserves | 13 | €2,107 | €2,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Legal reserve | 130 | €2,107 | €2,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,212 | €67,379 | +€97,591 | |
| Amounts payable | 17/49 | €1,616,225 | €1,630,951 | +€14,726 | +0.9% |
| Amounts payable after more than one year | 17 | €405,473 | €360,211 | -€45,262 | -11.2% |
| Financial debts | 170/4 | €405,473 | €360,211 | -€45,262 | -11.2% |
| Amounts payable within one year | 42/48 | €1,210,752 | €1,270,740 | +€59,988 | +5.0% |
| Current portion of amounts payable after more than one year | 42 | €603,965 | €375,134 | -€228,831 | -37.9% |
| Trade debts | 44 | €425,305 | €209,838 | -€215,467 | -50.7% |
| Suppliers | 440/4 | €425,305 | €209,838 | -€215,467 | -50.7% |
| Advances received on contracts in progress | 46 | €82,309 | €5,717 | -€76,593 | -93.1% |
| Taxes, remuneration and social security | 45 | €98,323 | €67,750 | -€30,573 | -31.1% |
| Taxes | 450/3 | €26,608 | €13,237 | -€13,371 | -50.3% |
| Remuneration and social security | 454/9 | €71,715 | €54,513 | -€17,202 | -24.0% |
| Other amounts payable | 47/48 | €850 | €612,301 | +€611,451 | +71,967% |
| Remuneration, social security and pensions | 62 | €452,171 | €477,367 | +€25,196 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €124,410 | €141,031 | +€16,620 | +13.4% |
| Other operating charges | 640/8 | €32,348 | €183,097 | +€150,749 | +466% |
| Non-recurring operating charges | 66A | - | €54,681 | +€54,681 | |
| Gross operating margin | 9900 | €700,757 | €989,167 | +€288,410 | +41.2% |
| Operating profit (loss) | 9901 | €91,828 | €132,991 | +€41,163 | +44.8% |
| Financial income | 75/76B | €334 | €1,269 | +€935 | +280% |
| Recurring financial income | 75 | €334 | €1,269 | +€935 | +280% |
| Financial charges | 65/66B | €29,874 | €31,332 | +€1,459 | +4.9% |
| Recurring financial charges | 65 | €29,874 | €31,332 | +€1,459 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €62,289 | €102,929 | +€40,640 | +65.2% |
| Income taxes | 67/77 | - | €5,338 | +€5,338 | |
| Profit (loss) for the period | 9904 | €62,289 | €97,591 | +€35,303 | +56.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,289 | €97,591 | +€35,303 | +56.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.