BH CONSTRUCTION: 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 CONSTRUCTION
Largest movements
- Tangible fixed assets +€5,728
new in 2022: €5,728
- Receivables within one year +€3,688
up €3,688 (+325%), from €1,134 to €4,822
- Cash -€442
down €442 (-47.6%), from €928 to €486
- Deferred charges and accrued income +€425
new in 2022: €425
- Profit (loss) carried forward +€19,196
up €19,196, from -€12,802 to €6,394
- Debts within one year -€9,797
down €9,797 (-99.3%), from €9,864 to €67
- Turnover -€40,412
no longer reported in 2022 (was €40,412)
- Gross operating margin +€11,851
up €11,851, from -€6,784 to €5,067
- Depreciation +€1,432
new in 2022: €1,432
From the 2019 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 | 2019 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,061 | €11,460 | +€9,399 | +456% |
| Fixed assets | 21/28 | - | €5,728 | +€5,728 | |
| Tangible fixed assets | 22/27 | - | €5,728 | +€5,728 | |
| Furniture and vehicles | 24 | - | €5,728 | +€5,728 | |
| Current assets | 29/58 | €2,061 | €5,732 | +€3,671 | +178% |
| Amounts receivable within one year | 40/41 | €1,134 | €4,822 | +€3,688 | +325% |
| Other amounts receivable | 41 | - | €4,822 | +€4,822 | |
| Cash at bank and in hand | 54/58 | €928 | €486 | -€442 | -47.6% |
| Deferred charges and accrued income | 490/1 | - | €425 | +€425 | |
| Total equity and liabilities | 10/49 | €2,061 | €11,460 | +€9,399 | +456% |
| Equity | 10/15 | -€7,802 | €11,394 | +€19,196 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | - | €5,000 | +€5,000 | |
| Issued capital | 100 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | -€12,802 | €6,394 | +€19,196 | |
| Amounts payable | 17/49 | €9,864 | €67 | -€9,797 | -99.3% |
| Amounts payable within one year | 42/48 | €9,864 | €67 | -€9,797 | -99.3% |
| Trade debts | 44 | €4,613 | €67 | -€4,546 | -98.6% |
| Suppliers | 440/4 | - | €67 | +€67 | |
| Turnover | 70 | €40,412 | - | -€40,412 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,432 | +€1,432 | |
| Other operating charges | 640/8 | - | €104 | +€104 | |
| Gross operating margin | 9900 | -€6,784 | €5,067 | +€11,851 | |
| Operating profit (loss) | 9901 | -€6,836 | €3,531 | +€10,367 | |
| Financial charges | 65/66B | - | €142 | +€142 | |
| Recurring financial charges | 65 | €443 | €142 | -€301 | -68.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,279 | €3,389 | +€10,668 | |
| Profit (loss) for the period | 9904 | -€7,279 | €3,389 | +€10,668 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,279 | €3,389 | +€10,668 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.