BHL & CIE: 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.
BHL & CIE
Largest movements
- Tangible fixed assets -€8,846
down €8,846 (-24.5%), from €36,095 to €27,249
of which Furniture and vehicles: -€11,857
- Receivables within one year +€8,611
up €8,611 (+113%), from €7,590 to €16,201
of which Trade receivables: +€12,924
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€1,434
down €1,434 (-9.6%), from €14,893 to €13,459
- Depreciation +€1,189
up €1,189 (+10.0%), from €11,857 to €13,046
- Taxes -€1,144
no longer reported in 2024 (was €1,144)
- Other operating charges +€173
new in 2024: €173
- Financial charges -€167
down €167 (-49.0%), from €341 to €174
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,823 | €92,215 | -€608 | -0.7% |
| Fixed assets | 21/28 | €37,645 | €28,799 | -€8,846 | -23.5% |
| Tangible fixed assets | 22/27 | €36,095 | €27,249 | -€8,846 | -24.5% |
| Plant, machinery and equipment | 23 | €1,745 | €4,756 | +€3,011 | +173% |
| Furniture and vehicles | 24 | €34,350 | €22,493 | -€11,857 | -34.5% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €55,178 | €63,416 | +€8,238 | +14.9% |
| Stocks and contracts in progress | 3 | €43,900 | €43,800 | -€100 | -0.2% |
| Stocks | 30/36 | €43,900 | €43,800 | -€100 | -0.2% |
| Amounts receivable within one year | 40/41 | €7,590 | €16,201 | +€8,611 | +113% |
| Trade receivables | 40 | - | €12,924 | +€12,924 | |
| Other amounts receivable | 41 | €7,590 | €3,277 | -€4,313 | -56.8% |
| Cash at bank and in hand | 54/58 | €3,688 | €3,415 | -€272 | -7.4% |
| Total equity and liabilities | 10/49 | €92,823 | €92,215 | -€608 | -0.7% |
| Equity | 10/15 | €67,937 | €68,003 | +€66 | +0.1% |
| Contributions | 10/11 | €63,485 | €63,485 | = | 0.0% |
| Reserves | 13 | €30 | €30 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30 | €30 | = | 0.0% |
| Reserves not available under the articles | 1311 | €30 | €30 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,422 | €4,488 | +€66 | +1.5% |
| Amounts payable | 17/49 | €24,885 | €24,212 | -€673 | -2.7% |
| Amounts payable within one year | 42/48 | €24,885 | €24,212 | -€673 | -2.7% |
| Trade debts | 44 | €1,447 | €1,341 | -€105 | -7.3% |
| Suppliers | 440/4 | €1,447 | €1,341 | -€105 | -7.3% |
| Other amounts payable | 47/48 | €23,439 | €22,871 | -€568 | -2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,857 | €13,046 | +€1,189 | +10.0% |
| Other operating charges | 640/8 | - | €173 | +€173 | |
| Gross operating margin | 9900 | €14,893 | €13,459 | -€1,434 | -9.6% |
| Operating profit (loss) | 9901 | €3,036 | €240 | -€2,796 | -92.1% |
| Financial charges | 65/66B | €341 | €174 | -€167 | -49.0% |
| Recurring financial charges | 65 | €341 | €174 | -€167 | -49.0% |
| Profit (loss) for the period before taxes | 9903 | €2,695 | €66 | -€2,629 | -97.6% |
| Income taxes | 67/77 | €1,144 | - | -€1,144 | |
| Profit (loss) for the period | 9904 | €1,551 | €66 | -€1,485 | -95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,551 | €66 | -€1,485 | -95.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.