BCHDM: 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
BCHDM
NACE 69.201, Certified accountants and tax accountants
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€21,100
2024 · €10,677+€10,423
Equity
€524,629
2024 · €511,529+€13,100
Cash
€44,220
2024 · €3,360+€40,860
Balance sheet total
€1.4m
2024 · €1.4m+€57,753
Largest movements
Assets
- Tangible fixed assets +€50,348
up €50,348 (+8.5%), from €592,275 to €642,623
of which Land and buildings: +€57,290
- Cash +€40,860
up €40,860 (+1216.1%), from €3,360 to €44,220
mainly Other debts (+€37,782) and Depreciation (+€36,201)
- Receivables within one year -€32,173
down €32,173 (-23.6%), from €136,608 to €104,435
of which Trade receivables: -€25,589
Equity and liabilities
- Other debts +€37,782
up €37,782 (+56.8%), from €66,482 to €104,264
- Debts after one year +€19,191
up €19,191 (+2.8%), from €687,386 to €706,577
Income statement
- Gross operating margin +€26,420
up €26,420 (+17.1%), from €154,354 to €180,774
- Staff costs +€6,402
up €6,402 (+8.0%), from €79,554 to €85,956
- Write-downs -€2,361
down €2,361 (-172.1%), from -€1,372 to -€3,733
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.
Result 2024
€10,677
Gross operating margin
+€26,420
Staff costs
-€6,402
Depreciation
-€1,515
Write-downs
+€2,361
Other operating charges
-€120
Other operating items
-€10,191
Financial income
+€122
Financial charges
+€1,360
Taxes
-€1,612
Result 2025
€21,100
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.
From operations
+€108,938
Investment
-€85,266
Financing
+€17,189
Cash 2024
€3,360
From operations (derived)
+€108,938
Net result for the year
+€21,100
Depreciation
+€36,201
Receivables within one year
+€32,173
Provisions
+€0
Trade debts
-€12,040
Tax, wage and social debts
-€6,278
Other debts
+€37,782
Investment (derived)
-€85,266
Investment in fixed assets (net)
-€85,365
Current investments
+€99
Financing
+€17,189
Debts after one year
+€19,191
Current portion of long-term debt
+€9,312
Short-term financial debts
-€3,314
Contributions, distributions and other
-€8,000
Cash 2025
€44,220
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,351,284 | €1,409,037 | +€57,753 | +4.3% |
| Fixed assets | 21/28 | €1,178,460 | €1,227,624 | +€49,164 | +4.2% |
| Intangible fixed assets | 21 | €2,684 | €1,500 | -€1,184 | -44.1% |
| Tangible fixed assets | 22/27 | €592,275 | €642,623 | +€50,348 | +8.5% |
| Land and buildings | 22 | €451,375 | €508,665 | +€57,290 | +12.7% |
| Plant, machinery and equipment | 23 | €3,101 | €2,018 | -€1,083 | -34.9% |
| Furniture and vehicles | 24 | €21,446 | €22,430 | +€984 | +4.6% |
| Other tangible fixed assets | 26 | €116,353 | €109,511 | -€6,842 | -5.9% |
| Financial fixed assets | 28 | €583,501 | €583,501 | -€0 | 0.0% |
| Current assets | 29/58 | €172,824 | €181,413 | +€8,589 | +5.0% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €136,608 | €104,435 | -€32,173 | -23.6% |
| Trade receivables | 40 | €122,925 | €97,336 | -€25,589 | -20.8% |
| Other amounts receivable | 41 | €13,683 | €7,100 | -€6,583 | -48.1% |
| Current investments | 50/53 | €7,856 | €7,757 | -€99 | -1.3% |
| Cash at bank and in hand | 54/58 | €3,360 | €44,220 | +€40,860 | +1216.1% |
| Total equity and liabilities | 10/49 | €1,351,284 | €1,409,037 | +€57,753 | +4.3% |
| Equity | 10/15 | €511,529 | €524,629 | +€13,100 | +2.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €491,069 | €504,169 | +€13,100 | +2.7% |
| Distributable reserves | 133 | €491,069 | €504,169 | +€13,100 | +2.7% |
| Provisions and deferred taxes | 16 | €14,707 | €14,707 | +€0 | 0.0% |
| Provisions for liabilities and charges | 160/5 | €14,707 | €14,707 | +€0 | 0.0% |
| Pensions and similar obligations | 160 | €14,707 | €14,707 | +€0 | 0.0% |
| Amounts payable | 17/49 | €825,048 | €869,700 | +€44,652 | +5.4% |
| Amounts payable after more than one year | 17 | €687,386 | €706,577 | +€19,191 | +2.8% |
| Financial debts | 170/4 | €687,386 | €706,577 | +€19,191 | +2.8% |
| Amounts payable within one year | 42/48 | €137,662 | €163,123 | +€25,461 | +18.5% |
| Current portion of amounts payable after more than one year | 42 | €31,411 | €40,723 | +€9,312 | +29.6% |
| Financial debts | 43 | €5,000 | €1,686 | -€3,314 | -66.3% |
| Credit institutions | 430/8 | €5,000 | €1,686 | -€3,314 | -66.3% |
| Trade debts | 44 | €13,596 | €1,556 | -€12,040 | -88.6% |
| Suppliers | 440/4 | €13,596 | €1,556 | -€12,040 | -88.6% |
| Taxes, remuneration and social security | 45 | €21,173 | €14,895 | -€6,278 | -29.7% |
| Taxes | 450/3 | €8,909 | €3,140 | -€5,769 | -64.8% |
| Remuneration and social security | 454/9 | €12,264 | €11,755 | -€509 | -4.1% |
| Other amounts payable | 47/48 | €66,482 | €104,264 | +€37,782 | +56.8% |
| Non-recurring operating income | 76A | - | €871 | +€871 | |
| Remuneration, social security and pensions | 62 | €79,554 | €85,956 | +€6,402 | +8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,686 | €36,201 | +€1,515 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,372 | -€3,733 | -€2,361 | -172.1% |
| Other operating charges | 640/8 | €3,366 | €3,486 | +€120 | +3.6% |
| Non-recurring operating charges | 66A | - | €10,191 | +€10,191 | |
| Gross operating margin | 9900 | €154,354 | €180,774 | +€26,420 | +17.1% |
| Operating profit (loss) | 9901 | €38,120 | €48,673 | +€10,553 | +27.7% |
| Financial income | 75/76B | €2,136 | €2,258 | +€122 | +5.7% |
| Recurring financial income | 75 | €2,136 | €2,146 | +€10 | +0.5% |
| Non-recurring financial income | 76B | - | €112 | +€112 | |
| Financial charges | 65/66B | €25,479 | €24,119 | -€1,360 | -5.3% |
| Recurring financial charges | 65 | €25,479 | €24,119 | -€1,360 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €14,777 | €26,812 | +€12,035 | +81.4% |
| Income taxes | 67/77 | €4,100 | €5,712 | +€1,612 | +39.3% |
| Profit (loss) for the period | 9904 | €10,677 | €21,100 | +€10,423 | +97.6% |
| Profit (loss) for the period to be appropriated | 9905 | €10,677 | €21,100 | +€10,423 | +97.6% |
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 11 October 2026 via checked.be.