BHM GROUP: 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.
BHM GROUP
Largest movements
- Receivables within one year -€30,520
down €30,520 (-51.0%), from €59,875 to €29,354
of which Other amounts receivable: -€31,928
- Cash +€28,171
up €28,171 (+1114.0%), from €2,529 to €30,700
mainly Receivables within one year (+€30,520) and Net result for the year (+€8,201)
- Trade debts -€13,216
down €13,216 (-90.7%), from €14,579 to €1,363
- Profit (loss) carried forward +€8,201
up €8,201 (+164.5%), from €4,984 to €13,184
- Tax, wage and social debts +€2,392
up €2,392 (+25.4%), from €9,433 to €11,824
- Gross operating margin +€9,551
up €9,551 (+611.2%), from €1,563 to €11,113
- Taxes +€2,774
up €2,774, from -€383 to €2,392
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 | €64,095 | €61,471 | -€2,624 | -4.1% |
| Fixed assets | 21/28 | €1,692 | €1,417 | -€275 | -16.3% |
| Tangible fixed assets | 22/27 | €1,692 | €1,417 | -€275 | -16.3% |
| Land and buildings | 22 | €1,692 | €1,417 | -€275 | -16.3% |
| Current assets | 29/58 | €62,404 | €60,054 | -€2,349 | -3.8% |
| Amounts receivable within one year | 40/41 | €59,875 | €29,354 | -€30,520 | -51.0% |
| Trade receivables | 40 | €3,272 | €4,679 | +€1,407 | +43.0% |
| Other amounts receivable | 41 | €56,603 | €24,675 | -€31,928 | -56.4% |
| Cash at bank and in hand | 54/58 | €2,529 | €30,700 | +€28,171 | +1114.0% |
| Total equity and liabilities | 10/49 | €64,095 | €61,471 | -€2,624 | -4.1% |
| Equity | 10/15 | €40,084 | €48,284 | +€8,201 | +20.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €35,000 | €35,000 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,984 | €13,184 | +€8,201 | +164.5% |
| Amounts payable | 17/49 | €24,012 | €13,187 | -€10,825 | -45.1% |
| Amounts payable within one year | 42/48 | €24,012 | €13,187 | -€10,825 | -45.1% |
| Trade debts | 44 | €14,579 | €1,363 | -€13,216 | -90.7% |
| Suppliers | 440/4 | €14,579 | €1,363 | -€13,216 | -90.7% |
| Taxes, remuneration and social security | 45 | €9,433 | €11,824 | +€2,392 | +25.4% |
| Taxes | 450/3 | €9,433 | €11,824 | +€2,392 | +25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €275 | €275 | = | 0.0% |
| Other operating charges | 640/8 | - | €15 | +€15 | |
| Gross operating margin | 9900 | €1,563 | €11,113 | +€9,551 | +611.2% |
| Operating profit (loss) | 9901 | €1,288 | €10,823 | +€9,535 | +740.5% |
| Financial charges | 65/66B | €160 | €231 | +€71 | +44.5% |
| Recurring financial charges | 65 | €160 | €231 | +€71 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €1,128 | €10,592 | +€9,464 | +839.1% |
| Income taxes | 67/77 | -€383 | €2,392 | +€2,774 | |
| Profit (loss) for the period | 9904 | €1,510 | €8,201 | +€6,690 | +442.9% |
| Profit (loss) for the period to be appropriated | 9905 | €1,510 | €8,201 | +€6,690 | +442.9% |
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 10 October 2026 via checked.be.