BHE IT: 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.
BHE IT
Largest movements
- Cash +€32,133
up €32,133 (+22.8%), from €141,173 to €173,306
mainly Net result for the year (+€24,935) and Depreciation (+€4,787)
- Tangible fixed assets -€4,787
down €4,787 (-50.0%), from €9,575 to €4,788
- Profit (loss) carried forward +€24,935
up €24,935 (+80.7%), from €30,884 to €55,819
- Trade debts +€3,937
up €3,937 (+28.4%), from €13,862 to €17,799
- Turnover -€149,993
no longer reported in 2025 (was €149,993)
- Purchases and services -€43,284
no longer reported in 2025 (was €43,284)
- Taxes -€11,664
down €11,664 (-58.2%), from €20,038 to €8,374
- Gross operating margin +€8,111
up €8,111 (+6.8%), from €119,589 to €127,701
- Other operating charges +€6,951
up €6,951 (+628%), from €1,106 to €8,057
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 | €161,031 | €188,094 | +€27,063 | +16.8% |
| Fixed assets | 21/28 | €9,575 | €4,788 | -€4,787 | -50.0% |
| Tangible fixed assets | 22/27 | €9,575 | €4,788 | -€4,787 | -50.0% |
| Furniture and vehicles | 24 | €9,575 | €4,788 | -€4,787 | -50.0% |
| Current assets | 29/58 | €151,456 | €183,306 | +€31,850 | +21.0% |
| Amounts receivable within one year | 40/41 | €10,283 | €10,000 | -€283 | -2.8% |
| Other amounts receivable | 41 | €10,283 | €10,000 | -€283 | -2.8% |
| Cash at bank and in hand | 54/58 | €141,173 | €173,306 | +€32,133 | +22.8% |
| Total equity and liabilities | 10/49 | €161,031 | €188,094 | +€27,063 | +16.8% |
| Equity | 10/15 | €124,508 | €149,443 | +€24,935 | +20.0% |
| Contributions | 10/11 | €93,624 | €93,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,884 | €55,819 | +€24,935 | +80.7% |
| Amounts payable | 17/49 | €36,523 | €38,651 | +€2,128 | +5.8% |
| Amounts payable within one year | 42/48 | €36,523 | €38,651 | +€2,128 | +5.8% |
| Trade debts | 44 | €13,862 | €17,799 | +€3,937 | +28.4% |
| Suppliers | 440/4 | €13,862 | €17,799 | +€3,937 | +28.4% |
| Taxes, remuneration and social security | 45 | €22,661 | €20,853 | -€1,809 | -8.0% |
| Taxes | 450/3 | €21,914 | €20,853 | -€1,061 | -4.8% |
| Remuneration and social security | 454/9 | €747 | - | -€747 | |
| Turnover | 70 | €149,993 | - | -€149,993 | |
| Goods, raw materials, services and sundry goods | 60/61 | €43,284 | - | -€43,284 | |
| Remuneration, social security and pensions | 62 | €77,129 | €81,371 | +€4,242 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,787 | €4,787 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €400 | - | -€400 | |
| Other operating charges | 640/8 | €1,106 | €8,057 | +€6,951 | +628% |
| Gross operating margin | 9900 | €119,589 | €127,701 | +€8,111 | +6.8% |
| Operating profit (loss) | 9901 | €36,167 | €33,485 | -€2,682 | -7.4% |
| Financial charges | 65/66B | €104 | €176 | +€72 | +68.8% |
| Recurring financial charges | 65 | €104 | €176 | +€72 | +68.8% |
| Profit (loss) for the period before taxes | 9903 | €36,063 | €33,309 | -€2,754 | -7.6% |
| Income taxes | 67/77 | €20,038 | €8,374 | -€11,664 | -58.2% |
| Profit (loss) for the period | 9904 | €16,025 | €24,935 | +€8,910 | +55.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,025 | €24,935 | +€8,910 | +55.6% |
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 14 October 2026 via checked.be.