BHIC: 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.
BHIC
Largest movements
- Current investments +€19,157
up €19,157 (+26.0%), from €73,748 to €92,905
- Receivables within one year +€15,484
up €15,484 (+636.5%), from €2,433 to €17,917
of which Trade receivables: +€17,917
- Tangible fixed assets -€8,740
down €8,740 (-10.2%), from €86,102 to €77,362
of which Land and buildings: -€4,708
- Cash +€8,304
up €8,304 (+11.4%), from €72,694 to €80,998
mainly Net result for the year (+€35,007) and Depreciation (+€8,740)
- Reserves +€35,000
up €35,000 (+24.3%), from €143,760 to €178,760
of which Distributable reserves: +€35,000
- Gross operating margin +€7,386
up €7,386 (+15.0%), from €49,156 to €56,542
- Taxes +€3,359
up €3,359 (+31.0%), from €10,821 to €14,180
- Financial charges -€2,918
down €2,918 (-82.5%), from €3,536 to €618
- Financial income +€1,927
up €1,927 (+135.9%), from €1,419 to €3,346
- Depreciation -€1,326
down €1,326 (-13.2%), from €10,066 to €8,740
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 | €235,927 | €270,132 | +€34,206 | +14.5% |
| Fixed assets | 21/28 | €87,052 | €78,312 | -€8,740 | -10.0% |
| Tangible fixed assets | 22/27 | €86,102 | €77,362 | -€8,740 | -10.2% |
| Land and buildings | 22 | €73,573 | €68,865 | -€4,708 | -6.4% |
| Plant, machinery and equipment | 23 | €11,432 | €8,080 | -€3,352 | -29.3% |
| Furniture and vehicles | 24 | €1,097 | €417 | -€680 | -62.0% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €148,875 | €191,820 | +€42,946 | +28.8% |
| Amounts receivable within one year | 40/41 | €2,433 | €17,917 | +€15,484 | +636.5% |
| Trade receivables | 40 | - | €17,917 | +€17,917 | |
| Other amounts receivable | 41 | €2,433 | - | -€2,433 | |
| Current investments | 50/53 | €73,748 | €92,905 | +€19,157 | +26.0% |
| Cash at bank and in hand | 54/58 | €72,694 | €80,998 | +€8,304 | +11.4% |
| Total equity and liabilities | 10/49 | €235,927 | €270,132 | +€34,206 | +14.5% |
| Equity | 10/15 | €228,474 | €263,481 | +€35,007 | +15.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143,760 | €178,760 | +€35,000 | +24.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €141,900 | €176,900 | +€35,000 | +24.7% |
| Profit (loss) carried forward | 14 | €66,114 | €66,121 | +€7 | 0.0% |
| Amounts payable | 17/49 | €7,453 | €6,652 | -€801 | -10.8% |
| Amounts payable within one year | 42/48 | €7,453 | €6,652 | -€801 | -10.8% |
| Trade debts | 44 | €3,090 | €2,802 | -€288 | -9.3% |
| Suppliers | 440/4 | €3,090 | €2,802 | -€288 | -9.3% |
| Taxes, remuneration and social security | 45 | €2,448 | €3,850 | +€1,401 | +57.2% |
| Taxes | 450/3 | €2,448 | €3,850 | +€1,401 | +57.2% |
| Other amounts payable | 47/48 | €1,915 | - | -€1,915 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,066 | €8,740 | -€1,326 | -13.2% |
| Other operating charges | 640/8 | €1,198 | €1,344 | +€146 | +12.2% |
| Gross operating margin | 9900 | €49,156 | €56,542 | +€7,386 | +15.0% |
| Operating profit (loss) | 9901 | €37,892 | €46,459 | +€8,567 | +22.6% |
| Financial income | 75/76B | €1,419 | €3,346 | +€1,927 | +135.9% |
| Recurring financial income | 75 | €1,419 | €3,346 | +€1,927 | +135.9% |
| Financial charges | 65/66B | €3,536 | €618 | -€2,918 | -82.5% |
| Recurring financial charges | 65 | €3,536 | €618 | -€2,918 | -82.5% |
| Profit (loss) for the period before taxes | 9903 | €35,774 | €49,187 | +€13,413 | +37.5% |
| Income taxes | 67/77 | €10,821 | €14,180 | +€3,359 | +31.0% |
| Profit (loss) for the period | 9904 | €24,954 | €35,007 | +€10,054 | +40.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,954 | €35,007 | +€10,054 | +40.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.