BHEALTHY: 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.
BHEALTHY
Largest movements
- Receivables after one year +€60,000
new in 2025: €60,000
- Tangible fixed assets +€41,287
up €41,287 (+527%), from €7,837 to €49,124
of which Plant, machinery and equipment: +€40,857
- Cash +€33,422
up €33,422 (+283%), from €11,808 to €45,230
mainly Net result for the year (+€109,041) and Tax, wage and social debts (+€55,693)
- Receivables within one year +€25,495
up €25,495 (+48.2%), from €52,947 to €78,442
of which Other amounts receivable: +€18,803
- Intangible fixed assets +€10,842
up €10,842 (+156%), from €6,951 to €17,793
- Reserves +€109,000
up €109,000 (+270%), from €40,300 to €149,300
of which Distributable reserves: +€115,200
- Tax, wage and social debts +€55,693
up €55,693 (+633%), from €8,794 to €64,488
- Gross operating margin +€121,249
up €121,249 (+257%), from €47,203 to €168,452
- Taxes +€45,420
up €45,420 (+1,424%), from €3,189 to €48,609
- Financial income +€6,273
up €6,273 (+609%), from €1,030 to €7,303
- Financial charges +€4,042
up €4,042 (+177%), from €2,288 to €6,330
- Depreciation +€2,167
up €2,167 (+27.3%), from €7,948 to €10,116
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 | €230,378 | €402,333 | +€171,955 | +74.6% |
| Fixed assets | 21/28 | €164,942 | €217,070 | +€52,128 | +31.6% |
| Intangible fixed assets | 21 | €6,951 | €17,793 | +€10,842 | +156% |
| Tangible fixed assets | 22/27 | €7,837 | €49,124 | +€41,287 | +527% |
| Plant, machinery and equipment | 23 | €3,051 | €43,908 | +€40,857 | +1,339% |
| Furniture and vehicles | 24 | €4,786 | €5,216 | +€430 | +9.0% |
| Financial fixed assets | 28 | €150,154 | €150,154 | = | 0.0% |
| Current assets | 29/58 | €65,436 | €185,262 | +€119,827 | +183% |
| Amounts receivable after more than one year | 29 | - | €60,000 | +€60,000 | |
| Other amounts receivable | 291 | - | €60,000 | +€60,000 | |
| Amounts receivable within one year | 40/41 | €52,947 | €78,442 | +€25,495 | +48.2% |
| Trade receivables | 40 | €36,734 | €43,426 | +€6,692 | +18.2% |
| Other amounts receivable | 41 | €16,214 | €35,016 | +€18,803 | +116% |
| Cash at bank and in hand | 54/58 | €11,808 | €45,230 | +€33,422 | +283% |
| Deferred charges and accrued income | 490/1 | €680 | €1,590 | +€910 | +134% |
| Total equity and liabilities | 10/49 | €230,378 | €402,333 | +€171,955 | +74.6% |
| Equity | 10/15 | €60,307 | €169,348 | +€109,041 | +181% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €40,300 | €149,300 | +€109,000 | +270% |
| Non-distributable reserves | 130/1 | €6,200 | - | -€6,200 | |
| Reserves not available under the articles | 1311 | €6,200 | - | -€6,200 | |
| Distributable reserves | 133 | €34,100 | €149,300 | +€115,200 | +338% |
| Profit (loss) carried forward | 14 | €1,457 | €1,498 | +€41 | +2.8% |
| Amounts payable | 17/49 | €170,070 | €232,984 | +€62,914 | +37.0% |
| Amounts payable after more than one year | 17 | €103,231 | €103,563 | +€332 | +0.3% |
| Financial debts | 170/4 | €103,231 | €103,563 | +€332 | +0.3% |
| Amounts payable within one year | 42/48 | €66,839 | €129,421 | +€62,582 | +93.6% |
| Current portion of amounts payable after more than one year | 42 | €9,472 | €12,787 | +€3,316 | +35.0% |
| Trade debts | 44 | €48,573 | €52,147 | +€3,573 | +7.4% |
| Suppliers | 440/4 | €48,573 | €52,147 | +€3,573 | +7.4% |
| Taxes, remuneration and social security | 45 | €8,794 | €64,488 | +€55,693 | +633% |
| Taxes | 450/3 | €8,794 | €64,488 | +€55,693 | +633% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,948 | €10,116 | +€2,167 | +27.3% |
| Other operating charges | 640/8 | €694 | €1,660 | +€965 | +139% |
| Gross operating margin | 9900 | €47,203 | €168,452 | +€121,249 | +257% |
| Operating profit (loss) | 9901 | €38,561 | €156,677 | +€118,116 | +306% |
| Financial income | 75/76B | €1,030 | €7,303 | +€6,273 | +609% |
| Recurring financial income | 75 | €1,030 | €7,303 | +€6,273 | +609% |
| Financial charges | 65/66B | €2,288 | €6,330 | +€4,042 | +177% |
| Recurring financial charges | 65 | €2,288 | €6,330 | +€4,042 | +177% |
| Profit (loss) for the period before taxes | 9903 | €37,303 | €157,650 | +€120,347 | +323% |
| Income taxes | 67/77 | €3,189 | €48,609 | +€45,420 | +1,424% |
| Profit (loss) for the period | 9904 | €34,114 | €109,041 | +€74,927 | +220% |
| Profit (loss) for the period to be appropriated | 9905 | €34,114 | €109,041 | +€74,927 | +220% |
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.