BH CONSULTING: what changed
What changed
BH CONSULTING
NACE 66.210, Risk and damage evaluation
filed annual accounts (NBB)
Net result for the year
€54,248
2024 · €78,449-€24,201
Equity
€532,071
2024 · €477,823+€54,248
Cash
€4,251
2024 · €32,514-€28,263
Balance sheet total
€1.4m
2024 · €1.4m-€50,965
Largest movements
Assets
- Tangible fixed assets -€98,051
down €98,051 (-8.3%), from €1.2m to €1.1m
of which Land and buildings: -€70,782
- Receivables within one year +€72,525
up €72,525 (+34.2%), from €212,070 to €284,595
of which Trade receivables: +€77,538
- Cash -€28,263
down €28,263 (-86.9%), from €32,514 to €4,251
mainly Other debts (-€153,924) and Receivables within one year (-€72,525)
Equity and liabilities
- Other debts -€153,924
down €153,924 (-43.8%), from €351,256 to €197,332
- Reserves +€54,248
up €54,248 (+13.0%), from €418,480 to €472,728
of which Distributable reserves: +€64,310
- Debts after one year +€33,126
up €33,126 (+12.1%), from €273,222 to €306,348
of which Financial debts: +€33,126
- Current portion of long-term debt +€27,891
up €27,891 (+30.4%), from €91,640 to €119,531
Income statement
- Depreciation +€22,431
up €22,431 (+23.5%), from €95,306 to €117,736
- Staff costs +€15,125
up €15,125 (+31.1%), from €48,571 to €63,695
- Taxes -€13,117
down €13,117 (-33.3%), from €39,368 to €26,250
- Financial charges +€6,270
up €6,270 (+43.4%), from €14,461 to €20,730
- Gross operating margin +€5,008
up €5,008 (+1.8%), from €279,595 to €284,603
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€78,449
Gross operating margin
+€5,008
Staff costs
-€15,125
Depreciation
-€22,431
Other operating charges
+€1,500
Financial income
-€0
Financial charges
-€6,270
Taxes
+€13,117
Result 2025
€54,248
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€68,144
Investment
-€19,685
Financing
+€59,567
Cash 2024
€32,514
From operations (derived)
-€68,144
Net result for the year
+€54,248
Depreciation
+€117,736
Receivables within one year
-€72,525
Deferred charges and accrued income
-€2,824
Provisions
-€3,354
Trade debts
-€5,629
Tax, wage and social debts
-€1,872
Other debts
-€153,924
Investment (derived)
-€19,685
Investment in fixed assets (net)
-€19,685
Financing
+€59,567
Debts after one year
+€33,126
Current portion of long-term debt
+€27,891
Short-term financial debts
-€1,450
Cash 2025
€4,251
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,432,117 | €1,381,152 | -€50,965 | -3.6% |
| Fixed assets | 21/28 | €1,179,710 | €1,081,659 | -€98,051 | -8.3% |
| Tangible fixed assets | 22/27 | €1,179,537 | €1,081,486 | -€98,051 | -8.3% |
| Land and buildings | 22 | €1,026,560 | €955,778 | -€70,782 | -6.9% |
| Plant, machinery and equipment | 23 | €5,971 | €7,800 | +€1,829 | +30.6% |
| Furniture and vehicles | 24 | €125,762 | €102,632 | -€23,130 | -18.4% |
| Other tangible fixed assets | 26 | €21,244 | €15,276 | -€5,968 | -28.1% |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €252,406 | €299,492 | +€47,086 | +18.7% |
| Amounts receivable within one year | 40/41 | €212,070 | €284,595 | +€72,525 | +34.2% |
| Trade receivables | 40 | €202,667 | €280,205 | +€77,538 | +38.3% |
| Other amounts receivable | 41 | €9,402 | €4,390 | -€5,013 | -53.3% |
| Cash at bank and in hand | 54/58 | €32,514 | €4,251 | -€28,263 | -86.9% |
| Deferred charges and accrued income | 490/1 | €7,822 | €10,646 | +€2,824 | +36.1% |
| Total equity and liabilities | 10/49 | €1,432,117 | €1,381,152 | -€50,965 | -3.6% |
| Equity | 10/15 | €477,823 | €532,071 | +€54,248 | +11.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €418,480 | €472,728 | +€54,248 | +13.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €251,545 | €241,483 | -€10,062 | -4.0% |
| Distributable reserves | 133 | €165,076 | €229,385 | +€64,310 | +39.0% |
| Profit (loss) carried forward | 14 | €53,143 | €53,143 | = | 0.0% |
| Provisions and deferred taxes | 16 | €83,848 | €80,494 | -€3,354 | -4.0% |
| Deferred taxes | 168 | €83,848 | €80,494 | -€3,354 | -4.0% |
| Amounts payable | 17/49 | €870,445 | €768,587 | -€101,859 | -11.7% |
| Amounts payable after more than one year | 17 | €273,222 | €306,348 | +€33,126 | +12.1% |
| Financial debts | 170/4 | €273,022 | €306,148 | +€33,126 | +12.1% |
| Other amounts payable | 178/9 | €200 | €200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €597,223 | €462,239 | -€134,984 | -22.6% |
| Current portion of amounts payable after more than one year | 42 | €91,640 | €119,531 | +€27,891 | +30.4% |
| Financial debts | 43 | €2,099 | €649 | -€1,450 | -69.1% |
| Credit institutions | 430/8 | €2,099 | €649 | -€1,450 | -69.1% |
| Trade debts | 44 | €114,745 | €109,116 | -€5,629 | -4.9% |
| Suppliers | 440/4 | €114,745 | €109,116 | -€5,629 | -4.9% |
| Taxes, remuneration and social security | 45 | €37,483 | €35,611 | -€1,872 | -5.0% |
| Taxes | 450/3 | €27,122 | €19,618 | -€7,504 | -27.7% |
| Remuneration and social security | 454/9 | €10,362 | €15,994 | +€5,632 | +54.4% |
| Other amounts payable | 47/48 | €351,256 | €197,332 | -€153,924 | -43.8% |
| Remuneration, social security and pensions | 62 | €48,571 | €63,695 | +€15,125 | +31.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €95,306 | €117,736 | +€22,431 | +23.5% |
| Other operating charges | 640/8 | €6,796 | €5,296 | -€1,500 | -22.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €279,595 | €284,603 | +€5,008 | +1.8% |
| Operating profit (loss) | 9901 | €128,922 | €97,875 | -€31,048 | -24.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €14,461 | €20,730 | +€6,270 | +43.4% |
| Recurring financial charges | 65 | €14,461 | €20,730 | +€6,270 | +43.4% |
| Profit (loss) for the period before taxes | 9903 | €114,462 | €77,144 | -€37,318 | -32.6% |
| Transfer from deferred taxes | 780 | €3,354 | €3,354 | = | 0.0% |
| Income taxes | 67/77 | €39,368 | €26,250 | -€13,117 | -33.3% |
| Profit (loss) for the period | 9904 | €78,449 | €54,248 | -€24,201 | -30.8% |
| Transfer from tax-exempt reserves | 789 | €10,062 | €10,062 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €88,510 | €64,310 | -€24,201 | -27.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.