BHL SERVICES: 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.
BHL SERVICES
Largest movements
- Tangible fixed assets -€366
down €366 (-33.3%), from €1,098 to €732
- Cash -€225
down €225 (-67.6%), from €333 to €108
mainly Net result for the year (-€3,164) and Debts after one year (-€1,414)
- Profit (loss) carried forward -€3,164
down €3,164 (-1.6%), from -€200,397 to -€203,562
- Other debts +€2,984
new in 2025: €2,984
- Debts after one year -€1,414
down €1,414 (-0.9%), from €157,880 to €156,466
- Tax, wage and social debts +€618
up €618 (+8.1%), from €7,631 to €8,249
- Trade debts +€400
up €400 (+103.2%), from €387 to €787
- Gross operating margin -€18,472
down €18,472, from €17,248 to -€1,224
- Other operating charges -€433
down €433 (-29.4%), from €1,470 to €1,037
- Financial charges +€356
up €356 (+196.6%), from €181 to €537
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 | €16,126 | €15,549 | -€577 | -3.6% |
| Fixed assets | 21/28 | €1,098 | €732 | -€366 | -33.3% |
| Tangible fixed assets | 22/27 | €1,098 | €732 | -€366 | -33.3% |
| Furniture and vehicles | 24 | €1,098 | €732 | -€366 | -33.3% |
| Current assets | 29/58 | €15,028 | €14,817 | -€211 | -1.4% |
| Amounts receivable within one year | 40/41 | €14,644 | €14,709 | +€65 | +0.4% |
| Trade receivables | 40 | €10,098 | €10,098 | = | 0.0% |
| Other amounts receivable | 41 | €4,546 | €4,611 | +€65 | +1.4% |
| Cash at bank and in hand | 54/58 | €333 | €108 | -€225 | -67.6% |
| Deferred charges and accrued income | 490/1 | €51 | - | -€51 | |
| Total equity and liabilities | 10/49 | €16,126 | €15,549 | -€577 | -3.6% |
| Equity | 10/15 | -€149,772 | -€152,937 | -€3,164 | -2.1% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €31,875 | €31,875 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€200,397 | -€203,562 | -€3,164 | -1.6% |
| Amounts payable | 17/49 | €165,898 | €168,485 | +€2,587 | +1.6% |
| Amounts payable after more than one year | 17 | €157,880 | €156,466 | -€1,414 | -0.9% |
| Other amounts payable | 178/9 | €157,880 | €156,466 | -€1,414 | -0.9% |
| Amounts payable within one year | 42/48 | €8,018 | €12,020 | +€4,001 | +49.9% |
| Trade debts | 44 | €387 | €787 | +€400 | +103.2% |
| Suppliers | 440/4 | €387 | €787 | +€400 | +103.2% |
| Taxes, remuneration and social security | 45 | €7,631 | €8,249 | +€618 | +8.1% |
| Taxes | 450/3 | €7,631 | €8,249 | +€618 | +8.1% |
| Other amounts payable | 47/48 | - | €2,984 | +€2,984 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €366 | €366 | = | 0.0% |
| Other operating charges | 640/8 | €1,470 | €1,037 | -€433 | -29.4% |
| Gross operating margin | 9900 | €17,248 | -€1,224 | -€18,472 | |
| Operating profit (loss) | 9901 | €15,412 | -€2,628 | -€18,039 | |
| Financial charges | 65/66B | €181 | €537 | +€356 | +196.6% |
| Recurring financial charges | 65 | €181 | €537 | +€356 | +196.6% |
| Profit (loss) for the period before taxes | 9903 | €15,231 | -€3,164 | -€18,395 | |
| Profit (loss) for the period | 9904 | €15,231 | -€3,164 | -€18,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,231 | -€3,164 | -€18,395 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.