BHA Consulting: 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.
BHA Consulting
Largest movements
- Cash +€37,156
up €37,156 (+14,266%), from €260 to €37,416
mainly Net result for the year (+€29,312) and Receivables within one year (+€26,865)
- Receivables within one year -€26,865
down €26,865 (-53.9%), from €49,806 to €22,942
of which Trade receivables: -€26,582
- Tangible fixed assets -€3,836
down €3,836 (-54.1%), from €7,092 to €3,256
- Other debts -€35,250
down €35,250 (-66.1%), from €53,359 to €18,109
- Profit (loss) carried forward +€29,312
up €29,312, from -€24,037 to €5,275
- Tax, wage and social debts +€15,529
up €15,529 (+337%), from €4,607 to €20,137
- Trade debts -€3,559
down €3,559 (-64.0%), from €5,561 to €2,003
- Gross operating margin +€59,046
up €59,046, from -€21,661 to €37,385
- Taxes -€9,131
down €9,131 (-84.3%), from €10,830 to €1,699
- Other operating charges -€2,566
down €2,566 (-92.5%), from €2,775 to €208
- Financial charges -€420
down €420 (-16.4%), from €2,566 to €2,146
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 | €58,090 | €64,123 | +€6,033 | +10.4% |
| Formation expenses | 20 | €213 | €29 | -€184 | -86.3% |
| Fixed assets | 21/28 | €7,572 | €3,736 | -€3,836 | -50.7% |
| Tangible fixed assets | 22/27 | €7,092 | €3,256 | -€3,836 | -54.1% |
| Furniture and vehicles | 24 | €7,092 | €3,256 | -€3,836 | -54.1% |
| Financial fixed assets | 28 | €480 | €480 | = | 0.0% |
| Current assets | 29/58 | €50,305 | €60,358 | +€10,053 | +20.0% |
| Amounts receivable within one year | 40/41 | €49,806 | €22,942 | -€26,865 | -53.9% |
| Trade receivables | 40 | €49,524 | €22,942 | -€26,582 | -53.7% |
| Other amounts receivable | 41 | €283 | - | -€283 | |
| Cash at bank and in hand | 54/58 | €260 | €37,416 | +€37,156 | +14,266% |
| Deferred charges and accrued income | 490/1 | €238 | - | -€238 | |
| Total equity and liabilities | 10/49 | €58,090 | €64,123 | +€6,033 | +10.4% |
| Equity | 10/15 | -€5,437 | €23,875 | +€29,312 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,037 | €5,275 | +€29,312 | |
| Amounts payable | 17/49 | €63,528 | €40,249 | -€23,279 | -36.6% |
| Amounts payable within one year | 42/48 | €63,528 | €40,249 | -€23,279 | -36.6% |
| Trade debts | 44 | €5,561 | €2,003 | -€3,559 | -64.0% |
| Suppliers | 440/4 | €5,561 | €2,003 | -€3,559 | -64.0% |
| Taxes, remuneration and social security | 45 | €4,607 | €20,137 | +€15,529 | +337% |
| Taxes | 450/3 | €4,607 | €20,137 | +€15,529 | +337% |
| Other amounts payable | 47/48 | €53,359 | €18,109 | -€35,250 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,996 | €4,020 | +€24 | +0.6% |
| Other operating charges | 640/8 | €2,775 | €208 | -€2,566 | -92.5% |
| Gross operating margin | 9900 | -€21,661 | €37,385 | +€59,046 | |
| Operating profit (loss) | 9901 | -€28,432 | €33,157 | +€61,589 | |
| Financial charges | 65/66B | €2,566 | €2,146 | -€420 | -16.4% |
| Recurring financial charges | 65 | €2,566 | €2,146 | -€420 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€30,998 | €31,011 | +€62,009 | |
| Income taxes | 67/77 | €10,830 | €1,699 | -€9,131 | -84.3% |
| Profit (loss) for the period | 9904 | -€41,827 | €29,312 | +€71,140 | |
| Profit (loss) for the period to be appropriated | 9905 | -€41,827 | €29,312 | +€71,140 |
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 18 October 2026 via checked.be.