BH Invent: 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 Invent
Largest movements
- Receivables within one year -€46,062
down €46,062 (-49.3%), from €93,468 to €47,405
of which Trade receivables: -€52,588
- Deferred charges and accrued income +€17,685
up €17,685 (+1,631%), from €1,084 to €18,769
- Tangible fixed assets -€7,633
down €7,633 (-4.2%), from €180,756 to €173,123
of which Land and buildings: -€5,805
- Trade debts +€25,509
up €25,509 (+25,769%), from €99 to €25,608
- Reserves -€20,000
down €20,000 (-10.1%), from €197,110 to €177,110
of which Distributable reserves: -€20,000
- Tax, wage and social debts -€14,479
down €14,479 (-83.9%), from €17,252 to €2,773
- Profit (loss) carried forward -€12,219
down €12,219, from €1,507 to -€10,711
- Debts after one year -€4,876
no longer reported in 2025 (was €4,876)
- Gross operating margin -€145,660
down €145,660, from €145,389 to -€271
- Taxes -€32,553
down €32,553, from €32,414 to -€139
- Depreciation +€2,654
up €2,654 (+9.2%), from €28,878 to €31,532
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.
Derived cash bridge
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 | €292,619 | €256,342 | -€36,277 | -12.4% |
| Fixed assets | 21/28 | €181,119 | €173,486 | -€7,633 | -4.2% |
| Tangible fixed assets | 22/27 | €180,756 | €173,123 | -€7,633 | -4.2% |
| Land and buildings | 22 | €135,450 | €129,645 | -€5,805 | -4.3% |
| Plant, machinery and equipment | 23 | €10,282 | €11,080 | +€798 | +7.8% |
| Furniture and vehicles | 24 | €22,198 | €23,773 | +€1,575 | +7.1% |
| Other tangible fixed assets | 26 | €12,826 | €8,625 | -€4,201 | -32.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €111,500 | €82,856 | -€28,643 | -25.7% |
| Amounts receivable within one year | 40/41 | €93,468 | €47,405 | -€46,062 | -49.3% |
| Trade receivables | 40 | €93,468 | €40,880 | -€52,588 | -56.3% |
| Other amounts receivable | 41 | - | €6,526 | +€6,526 | |
| Cash at bank and in hand | 54/58 | €16,948 | €16,682 | -€266 | -1.6% |
| Deferred charges and accrued income | 490/1 | €1,084 | €18,769 | +€17,685 | +1,631% |
| Total equity and liabilities | 10/49 | €292,619 | €256,342 | -€36,277 | -12.4% |
| Equity | 10/15 | €252,975 | €219,711 | -€33,264 | -13.1% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €197,110 | €177,110 | -€20,000 | -10.1% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €194,110 | €174,110 | -€20,000 | -10.3% |
| Profit (loss) carried forward | 14 | €1,507 | -€10,711 | -€12,219 | |
| Investment grants | 15 | €24,358 | €23,313 | -€1,045 | -4.3% |
| Amounts payable | 17/49 | €39,644 | €36,631 | -€3,013 | -7.6% |
| Amounts payable after more than one year | 17 | €4,876 | - | -€4,876 | |
| Financial debts | 170/4 | €4,876 | - | -€4,876 | |
| Amounts payable within one year | 42/48 | €33,472 | €35,801 | +€2,328 | +7.0% |
| Current portion of amounts payable after more than one year | 42 | €9,642 | €4,876 | -€4,767 | -49.4% |
| Trade debts | 44 | €99 | €25,608 | +€25,509 | +25,769% |
| Suppliers | 440/4 | €99 | €25,608 | +€25,509 | +25,769% |
| Taxes, remuneration and social security | 45 | €17,252 | €2,773 | -€14,479 | -83.9% |
| Taxes | 450/3 | €17,252 | €2,773 | -€14,479 | -83.9% |
| Other amounts payable | 47/48 | €6,480 | €2,544 | -€3,935 | -60.7% |
| Accrued charges and deferred income | 492/3 | €1,296 | €830 | -€466 | -35.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,878 | €31,532 | +€2,654 | +9.2% |
| Other operating charges | 640/8 | €1,695 | €1,944 | +€248 | +14.6% |
| Gross operating margin | 9900 | €145,389 | -€271 | -€145,660 | |
| Operating profit (loss) | 9901 | €114,816 | -€33,746 | -€148,562 | |
| Financial income | 75/76B | €1,045 | €1,594 | +€549 | +52.5% |
| Recurring financial income | 75 | €1,045 | €1,594 | +€549 | +52.5% |
| Financial charges | 65/66B | €401 | €205 | -€196 | -48.8% |
| Recurring financial charges | 65 | €401 | €205 | -€196 | -48.8% |
| Profit (loss) for the period before taxes | 9903 | €115,460 | -€32,357 | -€147,818 | |
| Income taxes | 67/77 | €32,414 | -€139 | -€32,553 | |
| Profit (loss) for the period | 9904 | €83,047 | -€32,219 | -€115,265 | |
| Profit (loss) for the period to be appropriated | 9905 | €83,047 | -€32,219 | -€115,265 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.