BHKT: 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.
BHKT
Largest movements
- Cash -€15,354
down €15,354 (-93.0%), from €16,512 to €1,158
mainly Net result for the year (-€17,887) and Investment in fixed assets (net) (-€8,692)
- Tangible fixed assets +€6,065
up €6,065 (+86.4%), from €7,018 to €13,082
- Reserves -€17,887
down €17,887 (-13.6%), from €131,171 to €113,285
- Other debts +€7,414
new in 2025: €7,414
- Financial income -€1,525
down €1,525 (-93.0%), from €1,639 to €114
- Depreciation +€1,137
up €1,137 (+76.3%), from €1,490 to €2,627
- Other operating charges +€1,046
up €1,046 (+85.2%), from €1,229 to €2,275
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 | €319,793 | €311,564 | -€8,229 | -2.6% |
| Fixed assets | 21/28 | €7,018 | €13,082 | +€6,065 | +86.4% |
| Tangible fixed assets | 22/27 | €7,018 | €13,082 | +€6,065 | +86.4% |
| Furniture and vehicles | 24 | €7,018 | €13,082 | +€6,065 | +86.4% |
| Current assets | 29/58 | €312,775 | €298,482 | -€14,293 | -4.6% |
| Stocks and contracts in progress | 3 | €290,917 | €293,597 | +€2,680 | +0.9% |
| Stocks | 30/36 | €290,917 | €293,597 | +€2,680 | +0.9% |
| Amounts receivable within one year | 40/41 | €5,346 | €3,726 | -€1,619 | -30.3% |
| Other amounts receivable | 41 | €5,346 | €3,726 | -€1,619 | -30.3% |
| Cash at bank and in hand | 54/58 | €16,512 | €1,158 | -€15,354 | -93.0% |
| Total equity and liabilities | 10/49 | €319,793 | €311,564 | -€8,229 | -2.6% |
| Equity | 10/15 | €149,771 | €131,885 | -€17,887 | -11.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €131,171 | €113,285 | -€17,887 | -13.6% |
| Distributable reserves | 133 | €131,171 | €113,285 | -€17,887 | -13.6% |
| Provisions and deferred taxes | 16 | €169,857 | €169,857 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €169,857 | €169,857 | = | 0.0% |
| Other liabilities and charges | 164/5 | €169,857 | €169,857 | = | 0.0% |
| Amounts payable | 17/49 | €164 | €9,823 | +€9,658 | +5,875% |
| Amounts payable within one year | 42/48 | €164 | €9,823 | +€9,658 | +5,875% |
| Trade debts | 44 | - | €2,233 | +€2,233 | |
| Suppliers | 440/4 | - | €2,233 | +€2,233 | |
| Taxes, remuneration and social security | 45 | €164 | €176 | +€12 | +7.1% |
| Taxes | 450/3 | €164 | €176 | +€12 | +7.1% |
| Other amounts payable | 47/48 | - | €7,414 | +€7,414 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,490 | €2,627 | +€1,137 | +76.3% |
| Other operating charges | 640/8 | €1,229 | €2,275 | +€1,046 | +85.2% |
| Gross operating margin | 9900 | -€12,827 | -€12,801 | +€26 | +0.2% |
| Operating profit (loss) | 9901 | -€15,545 | -€17,703 | -€2,157 | -13.9% |
| Financial income | 75/76B | €1,639 | €114 | -€1,525 | -93.0% |
| Recurring financial income | 75 | €1,639 | €114 | -€1,525 | -93.0% |
| Financial charges | 65/66B | €193 | €122 | -€71 | -36.8% |
| Recurring financial charges | 65 | €193 | €122 | -€71 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€14,099 | -€17,711 | -€3,612 | -25.6% |
| Income taxes | 67/77 | €160 | €176 | +€16 | +10.1% |
| Profit (loss) for the period | 9904 | -€14,259 | -€17,887 | -€3,628 | -25.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,259 | -€17,887 | -€3,628 | -25.4% |
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 17 October 2026 via checked.be.