BaHop: what changed
Two fiscal 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.
BaHop
Largest movements
- Receivables within one year +€120,142
up €120,142 (+347.2%), from €34,598 to €154,740
of which Trade receivables: +€80,276
- Cash +€6,373
up €6,373 (+17.7%), from €35,937 to €42,310
mainly Trade debts (+€100,562) and Net result for the year (+€15,563)
- Tangible fixed assets -€5,877
down €5,877 (-25.5%), from €23,013 to €17,136
of which Furniture and vehicles: -€4,616
- Trade debts +€100,562
up €100,562 (+280.3%), from €35,879 to €136,442
- Profit (loss) carried forward +€15,563
up €15,563 (+40.6%), from €38,360 to €53,923
- Tax, wage and social debts +€5,373
up €5,373 (+16.4%), from €32,739 to €38,111
of which Taxes: +€3,587
- Staff costs +€10,790
up €10,790 (+12.5%), from €86,584 to €97,375
- Financial income +€5,663
new in 2025: €5,663
of which Financial income: +€5,663
- Gross operating margin +€4,023
up €4,023 (+3.2%), from €126,394 to €130,417
- Depreciation -€3,694
down €3,694 (-38.9%), from €9,495 to €5,802
- Taxes +€2,990
up €2,990 (+147.8%), from €2,024 to €5,014
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 | €112,811 | €233,892 | +€121,081 | +107.3% |
| Formation expenses | 20 | €7 | - | -€7 | |
| Fixed assets | 21/28 | €23,934 | €18,057 | -€5,877 | -24.6% |
| Tangible fixed assets | 22/27 | €23,013 | €17,136 | -€5,877 | -25.5% |
| Plant, machinery and equipment | 23 | €11,664 | €10,402 | -€1,262 | -10.8% |
| Furniture and vehicles | 24 | €11,349 | €6,734 | -€4,616 | -40.7% |
| Leasing and similar rights | 25 | €0 | - | = | |
| Financial fixed assets | 28 | €921 | €921 | = | 0.0% |
| Current assets | 29/58 | €88,871 | €215,835 | +€126,965 | +142.9% |
| Stocks and contracts in progress | 3 | €16,732 | €15,222 | -€1,510 | -9.0% |
| Stocks | 30/36 | €16,732 | €15,222 | -€1,510 | -9.0% |
| Amounts receivable within one year | 40/41 | €34,598 | €154,740 | +€120,142 | +347.2% |
| Trade receivables | 40 | €9,455 | €89,731 | +€80,276 | +849.0% |
| Other amounts receivable | 41 | €25,143 | €65,009 | +€39,866 | +158.6% |
| Cash at bank and in hand | 54/58 | €35,937 | €42,310 | +€6,373 | +17.7% |
| Deferred charges and accrued income | 490/1 | €1,604 | €3,563 | +€1,959 | +122.1% |
| Total equity and liabilities | 10/49 | €112,811 | €233,892 | +€121,081 | +107.3% |
| Equity | 10/15 | €43,360 | €58,923 | +€15,563 | +35.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,360 | €53,923 | +€15,563 | +40.6% |
| Amounts payable | 17/49 | €69,451 | €174,969 | +€105,518 | +151.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €68,618 | €174,553 | +€105,935 | +154.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €35,879 | €136,442 | +€100,562 | +280.3% |
| Suppliers | 440/4 | €35,879 | €136,442 | +€100,562 | +280.3% |
| Taxes, remuneration and social security | 45 | €32,739 | €38,111 | +€5,373 | +16.4% |
| Taxes | 450/3 | €18,526 | €22,113 | +€3,587 | +19.4% |
| Remuneration and social security | 454/9 | €14,212 | €15,998 | +€1,786 | +12.6% |
| Accrued charges and deferred income | 492/3 | €833 | €417 | -€417 | -50.0% |
| Remuneration, social security and pensions | 62 | €86,584 | €97,375 | +€10,790 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,495 | €5,802 | -€3,694 | -38.9% |
| Other operating charges | 640/8 | €1,749 | €3,193 | +€1,444 | +82.6% |
| Non-recurring operating charges | 66A | €29,656 | €4,362 | -€25,294 | -85.3% |
| Gross operating margin | 9900 | €126,394 | €130,417 | +€4,023 | +3.2% |
| Operating profit (loss) | 9901 | -€1,091 | €19,686 | +€20,776 | |
| Financial income | 75/76B | - | €5,663 | +€5,663 | |
| Recurring financial income | 75 | - | €5,663 | +€5,663 | |
| Non-recurring financial income | 76B | - | €5,663 | +€5,663 | |
| Financial charges | 65/66B | €3,419 | €4,772 | +€1,353 | +39.6% |
| Recurring financial charges | 65 | €3,419 | €4,772 | +€1,353 | +39.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,510 | €20,576 | +€25,086 | |
| Income taxes | 67/77 | €2,024 | €5,014 | +€2,990 | +147.8% |
| Profit (loss) for the period | 9904 | -€6,533 | €15,563 | +€22,096 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,533 | €15,563 | +€22,096 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.