BH MOTORS: 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 MOTORS
Largest movements
- Stocks and contracts -€132,593
down €132,593 (-30.0%), from €442,013 to €309,420
- Cash +€41,053
up €41,053 (+161%), from €25,432 to €66,485
mainly Stocks and contracts (+€132,593) and Receivables within one year (+€29,517)
- Receivables within one year -€29,517
down €29,517 (-24.3%), from €121,628 to €92,111
of which Trade receivables: -€28,993
- Tangible fixed assets +€19,762
up €19,762 (+32.4%), from €61,027 to €80,789
of which Furniture and vehicles: +€26,811
- Short-term financial debts -€44,000
down €44,000 (-100%), from €44,000 to €0
- Debts after one year -€26,434
down €26,434 (-69.0%), from €38,288 to €11,853
- Advances received -€17,186
down €17,186 (-60.9%), from €28,199 to €11,013
- Profit (loss) carried forward +€12,395
up €12,395 (+3.5%), from €355,304 to €367,699
- Trade debts -€10,791
down €10,791 (-20.1%), from €53,810 to €43,019
- Gross operating margin +€38,693
up €38,693 (+16.6%), from €233,580 to €272,274
- Staff costs -€4,589
down €4,589 (-2.1%), from €214,091 to €209,502
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 | €677,259 | €582,697 | -€94,562 | -14.0% |
| Fixed assets | 21/28 | €61,597 | €81,360 | +€19,762 | +32.1% |
| Tangible fixed assets | 22/27 | €61,027 | €80,789 | +€19,762 | +32.4% |
| Plant, machinery and equipment | 23 | €32,484 | €25,435 | -€7,049 | -21.7% |
| Furniture and vehicles | 24 | €28,543 | €55,354 | +€26,811 | +93.9% |
| Financial fixed assets | 28 | €571 | €571 | = | 0.0% |
| Current assets | 29/58 | €615,661 | €501,337 | -€114,324 | -18.6% |
| Stocks and contracts in progress | 3 | €442,013 | €309,420 | -€132,593 | -30.0% |
| Stocks | 30/36 | €442,013 | €309,420 | -€132,593 | -30.0% |
| Amounts receivable within one year | 40/41 | €121,628 | €92,111 | -€29,517 | -24.3% |
| Trade receivables | 40 | €117,123 | €88,130 | -€28,993 | -24.8% |
| Other amounts receivable | 41 | €4,505 | €3,981 | -€524 | -11.6% |
| Cash at bank and in hand | 54/58 | €25,432 | €66,485 | +€41,053 | +161% |
| Deferred charges and accrued income | 490/1 | €26,588 | €33,321 | +€6,733 | +25.3% |
| Total equity and liabilities | 10/49 | €677,259 | €582,697 | -€94,562 | -14.0% |
| Equity | 10/15 | €369,564 | €381,959 | +€12,395 | +3.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €355,304 | €367,699 | +€12,395 | +3.5% |
| Amounts payable | 17/49 | €307,695 | €200,738 | -€106,957 | -34.8% |
| Amounts payable after more than one year | 17 | €38,288 | €11,853 | -€26,434 | -69.0% |
| Financial debts | 170/4 | €38,288 | €11,853 | -€26,434 | -69.0% |
| Amounts payable within one year | 42/48 | €269,407 | €188,885 | -€80,523 | -29.9% |
| Current portion of amounts payable after more than one year | 42 | €25,364 | €26,434 | +€1,070 | +4.2% |
| Financial debts | 43 | €44,000 | €0 | -€44,000 | -100% |
| Credit institutions | 430/8 | €44,000 | €0 | -€44,000 | -100% |
| Trade debts | 44 | €53,810 | €43,019 | -€10,791 | -20.1% |
| Suppliers | 440/4 | €53,810 | €43,019 | -€10,791 | -20.1% |
| Advances received on contracts in progress | 46 | €28,199 | €11,013 | -€17,186 | -60.9% |
| Taxes, remuneration and social security | 45 | €61,516 | €50,810 | -€10,706 | -17.4% |
| Taxes | 450/3 | €19,704 | €25,887 | +€6,183 | +31.4% |
| Remuneration and social security | 454/9 | €41,813 | €24,924 | -€16,889 | -40.4% |
| Other amounts payable | 47/48 | €56,517 | €57,609 | +€1,091 | +1.9% |
| Non-recurring operating income | 76A | €3,000 | €0 | -€3,000 | -100% |
| Remuneration, social security and pensions | 62 | €214,091 | €209,502 | -€4,589 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,139 | €18,536 | +€1,397 | +8.1% |
| Other operating charges | 640/8 | €4,433 | €3,772 | -€661 | -14.9% |
| Gross operating margin | 9900 | €233,580 | €272,274 | +€38,693 | +16.6% |
| Operating profit (loss) | 9901 | -€2,083 | €40,463 | +€42,547 | |
| Financial income | 75/76B | €603 | €345 | -€258 | -42.8% |
| Recurring financial income | 75 | €603 | €345 | -€258 | -42.8% |
| Financial charges | 65/66B | €11,783 | €12,222 | +€438 | +3.7% |
| Recurring financial charges | 65 | €11,783 | €12,222 | +€438 | +3.7% |
| Profit (loss) for the period before taxes | 9903 | -€13,264 | €28,586 | +€41,850 | |
| Income taxes | 67/77 | €14 | €2,191 | +€2,177 | +15,116% |
| Profit (loss) for the period | 9904 | -€13,278 | €26,395 | +€39,673 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,278 | €26,395 | +€39,673 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.