BH CONSTRUCT: 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 CONSTRUCT
Largest movements
- Receivables within one year +€32,476
up €32,476 (+217%), from €14,977 to €47,453
of which Other amounts receivable: +€27,650
- Cash +€5,950
up €5,950 (+326%), from €1,823 to €7,774
- Tangible fixed assets -€3,383
down €3,383 (-94.5%), from €3,578 to €195
- Deferred charges and accrued income +€623
new in 2022: €623
- Debts within one year +€23,956
up €23,956 (+286%), from €8,368 to €32,324
of which Trade debts: +€16,279
- Profit (loss) carried forward +€13,079
up €13,079 (+135%), from €9,654 to €22,733
- Debts after one year -€1,980
no longer reported in 2022 (was €1,980)
- Accrued charges and deferred income +€613
new in 2022: €613
- Turnover -€89,320
no longer reported in 2022 (was €89,320)
- Depreciation -€2,827
no longer reported in 2022 (was €2,827)
- Financial charges +€2,743
new in 2022: €2,743
- Financial income +€1,289
new in 2022: €1,289
From the 2020 result to the 2022 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2020 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,471 | €56,138 | +€35,667 | +174% |
| Fixed assets | 21/28 | €3,671 | €289 | -€3,383 | -92.1% |
| Tangible fixed assets | 22/27 | €3,578 | €195 | -€3,383 | -94.5% |
| Furniture and vehicles | 24 | - | €195 | +€195 | |
| Financial fixed assets | 28 | €93 | €93 | = | 0.0% |
| Current assets | 29/58 | €16,800 | €55,850 | +€39,050 | +232% |
| Amounts receivable within one year | 40/41 | €14,977 | €47,453 | +€32,476 | +217% |
| Trade receivables | 40 | - | €19,803 | +€19,803 | |
| Other amounts receivable | 41 | - | €27,650 | +€27,650 | |
| Cash at bank and in hand | 54/58 | €1,823 | €7,774 | +€5,950 | +326% |
| Deferred charges and accrued income | 490/1 | - | €623 | +€623 | |
| Total equity and liabilities | 10/49 | €20,471 | €56,138 | +€35,667 | +174% |
| Equity | 10/15 | €10,123 | €23,201 | +€13,079 | +129% |
| Contributions | 10/11 | €0 | €468 | +€468 | |
| Reserves | 13 | €468 | - | -€468 | |
| Profit (loss) carried forward | 14 | €9,654 | €22,733 | +€13,079 | +135% |
| Amounts payable | 17/49 | €10,349 | €32,937 | +€22,589 | +218% |
| Amounts payable after more than one year | 17 | €1,980 | - | -€1,980 | |
| Amounts payable within one year | 42/48 | €8,368 | €32,324 | +€23,956 | +286% |
| Current portion of amounts payable after more than one year | 42 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €4,731 | €21,010 | +€16,279 | +344% |
| Suppliers | 440/4 | - | €21,010 | +€21,010 | |
| Taxes, remuneration and social security | 45 | - | €3,814 | +€3,814 | |
| Remuneration and social security | 454/9 | - | €3,814 | +€3,814 | |
| Accrued charges and deferred income | 492/3 | - | €613 | +€613 | |
| Turnover | 70 | €89,320 | - | -€89,320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,827 | - | -€2,827 | |
| Gross operating margin | 9900 | €3,996 | €4,834 | +€837 | +21.0% |
| Operating profit (loss) | 9901 | €1,058 | €4,834 | +€3,776 | +357% |
| Financial income | 75/76B | - | €1,289 | +€1,289 | |
| Recurring financial income | 75 | €129 | €1,289 | +€1,160 | +899% |
| Financial charges | 65/66B | - | €2,743 | +€2,743 | |
| Recurring financial charges | 65 | €427 | €2,743 | +€2,316 | +542% |
| Profit (loss) for the period before taxes | 9903 | €760 | €3,380 | +€2,620 | +345% |
| Income taxes | 67/77 | €0 | €593 | +€593 | |
| Profit (loss) for the period | 9904 | €760 | €2,787 | +€2,027 | +267% |
| Profit (loss) for the period to be appropriated | 9905 | €760 | €2,787 | +€2,027 | +267% |
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.