BHM: 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.
BHM
Largest movements
- Receivables within one year +€15,306
up €15,306 (+102.0%), from €15,012 to €30,318
of which Other amounts receivable: +€22,106
- Cash -€14,882
down €14,882 (-91.2%), from €16,321 to €1,439
mainly Receivables within one year (-€15,306) and Tax, wage and social debts (-€491)
No liability line moved by more than 1% of the balance sheet total.
- Purchases and services -€12,220
down €12,220 (-39.2%), from €31,157 to €18,937
- Turnover -€11,861
down €11,861 (-36.3%), from €32,705 to €20,843
- Other operating charges -€976
down €976 (-92.7%), from €1,053 to €77
- Taxes +€862
up €862 (+188.5%), from €458 to €1,320
- Gross operating margin +€611
up €611 (+39.5%), from €1,548 to €2,159
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 | €51,120 | €51,157 | +€37 | +0.1% |
| Fixed assets | 21/28 | €19,400 | €19,400 | = | 0.0% |
| Intangible fixed assets | 21 | €19,000 | €19,000 | = | 0.0% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €31,720 | €31,757 | +€37 | +0.1% |
| Amounts receivable within one year | 40/41 | €15,012 | €30,318 | +€15,306 | +102.0% |
| Trade receivables | 40 | €6,800 | - | -€6,800 | |
| Other amounts receivable | 41 | €8,212 | €30,318 | +€22,106 | +269.2% |
| Cash at bank and in hand | 54/58 | €16,321 | €1,439 | -€14,882 | -91.2% |
| Deferred charges and accrued income | 490/1 | €387 | - | -€387 | |
| Total equity and liabilities | 10/49 | €51,120 | €51,157 | +€37 | +0.1% |
| Equity | 10/15 | €50,050 | €50,366 | +€317 | +0.6% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €22 | €22 | = | 0.0% |
| Non-distributable reserves | 130/1 | €22 | €22 | = | 0.0% |
| Reserves not available under the articles | 1311 | €22 | €22 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,028 | €31,344 | +€317 | +1.0% |
| Amounts payable | 17/49 | €1,071 | €791 | -€280 | -26.1% |
| Amounts payable within one year | 42/48 | €1,071 | €791 | -€280 | -26.1% |
| Trade debts | 44 | €580 | €791 | +€211 | +36.3% |
| Suppliers | 440/4 | €580 | €791 | +€211 | +36.3% |
| Taxes, remuneration and social security | 45 | €491 | - | -€491 | |
| Taxes | 450/3 | €385 | - | -€385 | |
| Remuneration and social security | 454/9 | €106 | - | -€106 | |
| Turnover | 70 | €32,705 | €20,843 | -€11,861 | -36.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €31,157 | €18,937 | -€12,220 | -39.2% |
| Remuneration, social security and pensions | 62 | -€76 | - | +€76 | |
| Other operating charges | 640/8 | €1,053 | €77 | -€976 | -92.7% |
| Gross operating margin | 9900 | €1,548 | €2,159 | +€611 | +39.5% |
| Operating profit (loss) | 9901 | €570 | €2,082 | +€1,512 | +265.3% |
| Financial charges | 65/66B | €101 | €445 | +€344 | +341.2% |
| Recurring financial charges | 65 | €101 | €445 | +€344 | +341.2% |
| Profit (loss) for the period before taxes | 9903 | €469 | €1,637 | +€1,168 | +249.0% |
| Income taxes | 67/77 | €458 | €1,320 | +€862 | +188.5% |
| Profit (loss) for the period | 9904 | €11 | €317 | +€305 | +2669.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11 | €317 | +€305 | +2669.7% |
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 3 October 2026 via checked.be.