BAHOZ: 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.
BAHOZ
Largest movements
- Receivables within one year +€72,266
up €72,266 (+925.7%), from €7,807 to €80,073
of which Trade receivables: +€77,636
- Cash -€4,706
down €4,706 (-75.2%), from €6,255 to €1,549
mainly Receivables within one year (-€72,266) and Investment in fixed assets (net) (-€5,297)
- Tangible fixed assets +€2,659
up €2,659 (+34.5%), from €7,702 to €10,361
of which Other tangible fixed assets: +€3,591
- Trade debts +€45,340
up €45,340 (+140.5%), from €32,278 to €77,618
- Tax, wage and social debts +€20,754
up €20,754 (+115.9%), from €17,911 to €38,666
of which Remuneration and social security: +€22,817
- Profit (loss) carried forward +€8,693
up €8,693 (+1804.4%), from €482 to €9,175
- Debts after one year -€4,168
down €4,168 (-83.4%), from €5,000 to €832
- Gross operating margin -€10,018
down €10,018 (-13.5%), from €74,454 to €64,436
- Staff costs +€8,054
up €8,054 (+25.3%), from €31,858 to €39,912
- Taxes -€3,845
down €3,845 (-61.8%), from €6,218 to €2,373
- Financial charges -€3,718
down €3,718 (-50.3%), from €7,394 to €3,676
- Other operating charges +€1,648
up €1,648 (+29.9%), from €5,510 to €7,158
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 | €67,431 | €137,651 | +€70,220 | +104.1% |
| Fixed assets | 21/28 | €7,845 | €10,504 | +€2,659 | +33.9% |
| Tangible fixed assets | 22/27 | €7,702 | €10,361 | +€2,659 | +34.5% |
| Furniture and vehicles | 24 | €2,809 | €1,877 | -€932 | -33.2% |
| Other tangible fixed assets | 26 | €4,893 | €8,484 | +€3,591 | +73.4% |
| Financial fixed assets | 28 | €143 | €143 | = | 0.0% |
| Current assets | 29/58 | €59,586 | €127,147 | +€67,560 | +113.4% |
| Stocks and contracts in progress | 3 | €45,525 | €45,525 | = | 0.0% |
| Stocks | 30/36 | €45,525 | €45,525 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,807 | €80,073 | +€72,266 | +925.7% |
| Trade receivables | 40 | - | €77,636 | +€77,636 | |
| Other amounts receivable | 41 | €7,807 | €2,437 | -€5,370 | -68.8% |
| Cash at bank and in hand | 54/58 | €6,255 | €1,549 | -€4,706 | -75.2% |
| Total equity and liabilities | 10/49 | €67,431 | €137,651 | +€70,220 | +104.1% |
| Equity | 10/15 | €8,472 | €17,165 | +€8,693 | +102.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,791 | €1,791 | = | 0.0% |
| Non-distributable reserves | 130/1 | €91 | €91 | = | 0.0% |
| Reserves not available under the articles | 1311 | €91 | €91 | = | 0.0% |
| Distributable reserves | 133 | €1,700 | €1,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €482 | €9,175 | +€8,693 | +1804.4% |
| Amounts payable | 17/49 | €58,959 | €120,486 | +€61,527 | +104.4% |
| Amounts payable after more than one year | 17 | €5,000 | €832 | -€4,168 | -83.4% |
| Financial debts | 170/4 | €5,000 | €832 | -€4,168 | -83.4% |
| Amounts payable within one year | 42/48 | €53,959 | €119,654 | +€65,695 | +121.7% |
| Trade debts | 44 | €32,278 | €77,618 | +€45,340 | +140.5% |
| Suppliers | 440/4 | €32,278 | €77,618 | +€45,340 | +140.5% |
| Taxes, remuneration and social security | 45 | €17,911 | €38,666 | +€20,754 | +115.9% |
| Taxes | 450/3 | €6,957 | €4,895 | -€2,062 | -29.6% |
| Remuneration and social security | 454/9 | €10,954 | €33,771 | +€22,817 | +208.3% |
| Other amounts payable | 47/48 | €3,770 | €3,370 | -€400 | -10.6% |
| Remuneration, social security and pensions | 62 | €31,858 | €39,912 | +€8,054 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,511 | €2,638 | +€1,127 | +74.6% |
| Other operating charges | 640/8 | €5,510 | €7,158 | +€1,648 | +29.9% |
| Gross operating margin | 9900 | €74,454 | €64,436 | -€10,018 | -13.5% |
| Operating profit (loss) | 9901 | €35,575 | €14,728 | -€20,847 | -58.6% |
| Financial income | 75/76B | €168 | €13 | -€155 | -92.1% |
| Recurring financial income | 75 | €168 | €13 | -€155 | -92.1% |
| Financial charges | 65/66B | €7,394 | €3,676 | -€3,718 | -50.3% |
| Recurring financial charges | 65 | €7,394 | €3,676 | -€3,718 | -50.3% |
| Profit (loss) for the period before taxes | 9903 | €28,350 | €11,066 | -€17,284 | -61.0% |
| Income taxes | 67/77 | €6,218 | €2,373 | -€3,845 | -61.8% |
| Profit (loss) for the period | 9904 | €22,131 | €8,693 | -€13,438 | -60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,131 | €8,693 | -€13,438 | -60.7% |
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 7 October 2026 via checked.be.