BCHIFI: 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.
BCHIFI
Largest movements
- Tangible fixed assets +€376,707
up €376,707 (+942.2%), from €39,981 to €416,688
of which Other tangible fixed assets: +€256,289
- Cash +€51,306
up €51,306 (+575.4%), from €8,917 to €60,222
mainly Debts after one year (+€366,807) and Tax, wage and social debts (+€59,150)
- Stocks and contracts +€8,913
new in 2025: €8,913
- Debts after one year +€366,807
new in 2025: €366,807
- Tax, wage and social debts +€59,150
new in 2025: €59,150
of which Remuneration and social security: +€47,015
- Current portion of long-term debt +€41,929
new in 2025: €41,929
- Profit (loss) carried forward -€40,431
down €40,431 (-200.4%), from -€20,177 to -€60,608
- Investment grants +€6,649
new in 2025: €6,649
- Gross operating margin +€400,297
up €400,297, from -€18,367 to €381,930
- Staff costs +€346,903
new in 2025: €346,903
- Depreciation +€49,767
up €49,767 (+5520.4%), from €902 to €50,669
- Financial charges +€22,851
up €22,851 (+4384.8%), from €521 to €23,372
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 | €53,251 | €492,366 | +€439,115 | +824.6% |
| Formation expenses | 20 | €898 | €0 | -€898 | -100.0% |
| Fixed assets | 21/28 | €39,981 | €417,173 | +€377,192 | +943.4% |
| Tangible fixed assets | 22/27 | €39,981 | €416,688 | +€376,707 | +942.2% |
| Plant, machinery and equipment | 23 | - | €118,845 | +€118,845 | |
| Furniture and vehicles | 24 | - | €1,573 | +€1,573 | |
| Other tangible fixed assets | 26 | €39,981 | €296,270 | +€256,289 | +641.0% |
| Financial fixed assets | 28 | - | €485 | +€485 | |
| Current assets | 29/58 | €12,371 | €75,193 | +€62,822 | +507.8% |
| Stocks and contracts in progress | 3 | - | €8,913 | +€8,913 | |
| Stocks | 30/36 | - | €8,913 | +€8,913 | |
| Amounts receivable within one year | 40/41 | €3,455 | €4,317 | +€863 | +25.0% |
| Trade receivables | 40 | - | €2,940 | +€2,940 | |
| Other amounts receivable | 41 | €3,455 | €1,377 | -€2,078 | -60.1% |
| Cash at bank and in hand | 54/58 | €8,917 | €60,222 | +€51,306 | +575.4% |
| Deferred charges and accrued income | 490/1 | - | €1,740 | +€1,740 | |
| Total equity and liabilities | 10/49 | €53,251 | €492,366 | +€439,115 | +824.6% |
| Equity | 10/15 | -€17,177 | -€50,959 | -€33,782 | -196.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,177 | -€60,608 | -€40,431 | -200.4% |
| Investment grants | 15 | - | €6,649 | +€6,649 | |
| Amounts payable | 17/49 | €70,428 | €543,324 | +€472,897 | +671.5% |
| Amounts payable after more than one year | 17 | - | €366,807 | +€366,807 | |
| Financial debts | 170/4 | - | €366,807 | +€366,807 | |
| Amounts payable within one year | 42/48 | €70,428 | €176,517 | +€106,089 | +150.6% |
| Current portion of amounts payable after more than one year | 42 | - | €41,929 | +€41,929 | |
| Trade debts | 44 | €32,647 | €38,360 | +€5,713 | +17.5% |
| Suppliers | 440/4 | €32,647 | €38,360 | +€5,713 | +17.5% |
| Taxes, remuneration and social security | 45 | - | €59,150 | +€59,150 | |
| Taxes | 450/3 | - | €12,135 | +€12,135 | |
| Remuneration and social security | 454/9 | - | €47,015 | +€47,015 | |
| Other amounts payable | 47/48 | €37,780 | €37,078 | -€703 | -1.9% |
| Remuneration, social security and pensions | 62 | - | €346,903 | +€346,903 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €902 | €50,669 | +€49,767 | +5520.4% |
| Other operating charges | 640/8 | €387 | €3,676 | +€3,289 | +849.1% |
| Gross operating margin | 9900 | -€18,367 | €381,930 | +€400,297 | |
| Operating profit (loss) | 9901 | -€19,656 | -€19,318 | +€338 | +1.7% |
| Financial income | 75/76B | - | €2,259 | +€2,259 | |
| Recurring financial income | 75 | - | €2,259 | +€2,259 | |
| Financial charges | 65/66B | €521 | €23,372 | +€22,851 | +4384.8% |
| Recurring financial charges | 65 | €521 | €23,372 | +€22,851 | +4384.8% |
| Profit (loss) for the period before taxes | 9903 | -€20,177 | -€40,431 | -€20,254 | -100.4% |
| Profit (loss) for the period | 9904 | -€20,177 | -€40,431 | -€20,254 | -100.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,177 | -€40,431 | -€20,254 | -100.4% |
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 12 October 2026 via checked.be.