BH Commercial Diving: 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.
BH Commercial Diving
Largest movements
- Receivables within one year -€8,863
down €8,863 (-47.6%), from €18,609 to €9,746
of which Other amounts receivable: -€11,396
- Cash -€5,330
down €5,330 (-13.7%), from €38,802 to €33,472
mainly Net result for the year (-€16,102) and Contributions, distributions and other (-€14,702)
- Deferred charges and accrued income -€3,290
down €3,290 (-33.6%), from €9,786 to €6,497
- Profit (loss) carried forward -€16,102
down €16,102 (-40.6%), from -€39,639 to -€55,741
- Reserves -€14,702
down €14,702 (-17.5%), from €83,892 to €69,190
- Other debts +€13,807
up €13,807 (+63.1%), from €21,873 to €35,680
- Trade debts +€952
up €952 (+261%), from €365 to €1,318
- Tax, wage and social debts -€775
down €775 (-34.4%), from €2,250 to €1,475
of which Remuneration and social security: -€920
- Gross operating margin -€11,720
down €11,720, from €252 to -€11,468
- Depreciation -€149
down €149 (-6.5%), from €2,281 to €2,132
From the 2025 result to the 2026 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.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €71,155 | €54,336 | -€16,819 | -23.6% |
| Fixed assets | 21/28 | €3,957 | €4,621 | +€664 | +16.8% |
| Tangible fixed assets | 22/27 | €3,957 | €4,621 | +€664 | +16.8% |
| Plant, machinery and equipment | 23 | €1,418 | €2,417 | +€999 | +70.4% |
| Furniture and vehicles | 24 | €2,540 | €2,205 | -€335 | -13.2% |
| Current assets | 29/58 | €67,198 | €49,715 | -€17,483 | -26.0% |
| Amounts receivable within one year | 40/41 | €18,609 | €9,746 | -€8,863 | -47.6% |
| Trade receivables | 40 | €5,955 | €8,487 | +€2,533 | +42.5% |
| Other amounts receivable | 41 | €12,654 | €1,259 | -€11,396 | -90.1% |
| Cash at bank and in hand | 54/58 | €38,802 | €33,472 | -€5,330 | -13.7% |
| Deferred charges and accrued income | 490/1 | €9,786 | €6,497 | -€3,290 | -33.6% |
| Total equity and liabilities | 10/49 | €71,155 | €54,336 | -€16,819 | -23.6% |
| Equity | 10/15 | €46,653 | €15,849 | -€30,804 | -66.0% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Reserves | 13 | €83,892 | €69,190 | -€14,702 | -17.5% |
| Distributable reserves | 133 | €83,892 | €69,190 | -€14,702 | -17.5% |
| Profit (loss) carried forward | 14 | -€39,639 | -€55,741 | -€16,102 | -40.6% |
| Amounts payable | 17/49 | €24,502 | €38,487 | +€13,985 | +57.1% |
| Amounts payable within one year | 42/48 | €24,502 | €38,487 | +€13,985 | +57.1% |
| Financial debts | 43 | €14 | €14 | = | 0.0% |
| Credit institutions | 430/8 | €14 | €14 | = | 0.0% |
| Trade debts | 44 | €365 | €1,318 | +€952 | +261% |
| Suppliers | 440/4 | €365 | €1,318 | +€952 | +261% |
| Taxes, remuneration and social security | 45 | €2,250 | €1,475 | -€775 | -34.4% |
| Taxes | 450/3 | €0 | €145 | +€145 | |
| Remuneration and social security | 454/9 | €2,250 | €1,330 | -€920 | -40.9% |
| Other amounts payable | 47/48 | €21,873 | €35,680 | +€13,807 | +63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,281 | €2,132 | -€149 | -6.5% |
| Other operating charges | 640/8 | €689 | €787 | +€99 | +14.3% |
| Non-recurring operating charges | 66A | - | €362 | +€362 | |
| Gross operating margin | 9900 | €252 | -€11,468 | -€11,720 | |
| Operating profit (loss) | 9901 | -€2,717 | -€14,749 | -€12,032 | -443% |
| Financial income | 75/76B | €0 | €0 | -€0 | -17.1% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -17.1% |
| Financial charges | 65/66B | €1,215 | €1,208 | -€7 | -0.6% |
| Recurring financial charges | 65 | €1,215 | €1,208 | -€7 | -0.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,932 | -€15,957 | -€12,025 | -306% |
| Income taxes | 67/77 | €136 | €145 | +€9 | +6.8% |
| Profit (loss) for the period | 9904 | -€4,068 | -€16,102 | -€12,034 | -296% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,068 | -€16,102 | -€12,034 | -296% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.