BHFco: what changed
Two fiscal 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.
BHFco
Largest movements
- Tangible fixed assets +€16,352
up €16,352 (+1245.4%), from €1,313 to €17,665
- Receivables within one year -€11,084
down €11,084 (-46.2%), from €24,010 to €12,926
- Cash +€509
up €509 (+21.1%), from €2,412 to €2,920
mainly Receivables within one year (+€11,084) and Depreciation (+€7,201)
- Trade debts +€3,107
up €3,107 (+378.9%), from €820 to €3,927
- Profit (loss) carried forward +€2,670
up €2,670 (+17.7%), from €15,055 to €17,725
- Gross operating margin +€9,236
up €9,236 (+859.8%), from €1,074 to €10,310
- Depreciation +€5,426
up €5,426 (+305.7%), from €1,775 to €7,201
- Financial income -€873
down €873 (-46.1%), from €1,894 to €1,021
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.
Cash bridge derived
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 | €27,735 | €33,512 | +€5,777 | +20.8% |
| Fixed assets | 21/28 | €1,313 | €17,665 | +€16,352 | +1245.4% |
| Tangible fixed assets | 22/27 | €1,313 | €17,665 | +€16,352 | +1245.4% |
| Furniture and vehicles | 24 | €1,313 | €17,665 | +€16,352 | +1245.4% |
| Current assets | 29/58 | €26,422 | €15,847 | -€10,575 | -40.0% |
| Amounts receivable within one year | 40/41 | €24,010 | €12,926 | -€11,084 | -46.2% |
| Other amounts receivable | 41 | €24,010 | €12,926 | -€11,084 | -46.2% |
| Cash at bank and in hand | 54/58 | €2,412 | €2,920 | +€509 | +21.1% |
| Total equity and liabilities | 10/49 | €27,735 | €33,512 | +€5,777 | +20.8% |
| Equity | 10/15 | €26,915 | €29,585 | +€2,670 | +9.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,055 | €17,725 | +€2,670 | +17.7% |
| Amounts payable | 17/49 | €820 | €3,927 | +€3,107 | +378.9% |
| Amounts payable within one year | 42/48 | €820 | €3,927 | +€3,107 | +378.9% |
| Trade debts | 44 | €820 | €3,927 | +€3,107 | +378.9% |
| Suppliers | 440/4 | €820 | €3,927 | +€3,107 | +378.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,775 | €7,201 | +€5,426 | +305.7% |
| Other operating charges | 640/8 | €1,296 | €1,386 | +€90 | +7.0% |
| Gross operating margin | 9900 | €1,074 | €10,310 | +€9,236 | +859.8% |
| Operating profit (loss) | 9901 | -€1,996 | €1,723 | +€3,719 | |
| Financial income | 75/76B | €1,894 | €1,021 | -€873 | -46.1% |
| Recurring financial income | 75 | €1,894 | €1,021 | -€873 | -46.1% |
| Financial charges | 65/66B | €70 | €74 | +€4 | +5.3% |
| Recurring financial charges | 65 | €70 | €74 | +€4 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€172 | €2,670 | +€2,842 | |
| Profit (loss) for the period | 9904 | -€172 | €2,670 | +€2,842 | |
| Profit (loss) for the period to be appropriated | 9905 | -€172 | €2,670 | +€2,842 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.