BHT INVEST: what changed
What changed
BHT INVEST
NACE 73.300, Public relations and communication consultancy
filed annual accounts (NBB)
Net result for the year
-€14,285
2024 · -€13,076-€1,209
Equity
-€57,541
2024 · -€43,256-€14,285
Cash
€3,634
2024 · €3,994-€360
Balance sheet total
€429,783
2024 · €185,299+€244,484
Largest movements
Assets
- Receivables within one year +€144,308
up €144,308 (+659%), from €21,890 to €166,198
- Financial fixed assets +€76,365
up €76,365 (+47.9%), from €159,415 to €235,780
- Tangible fixed assets +€23,918
new in 2025: €23,918
Equity and liabilities
- Debts after one year +€258,000
up €258,000 (+119%), from €217,000 to €475,000
- Profit (loss) carried forward -€14,285
down €14,285 (-23.1%), from -€61,856 to -€76,141
Income statement
- Gross operating margin -€9,346
down €9,346 (-538%), from -€1,737 to -€11,083
- Financial income +€6,941
up €6,941 (+539%), from €1,288 to €8,229
- Financial charges -€6,852
down €6,852 (-54.3%), from €12,626 to €5,775
- Depreciation +€4,982
new in 2025: €4,982
- Other operating charges +€674
new in 2025: €674
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€13,076
Gross operating margin
-€9,346
Depreciation
-€4,982
Other operating charges
-€674
Financial income
+€6,941
Financial charges
+€6,852
Result 2025
-€14,285
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€153,095
Investment
-€105,265
Financing
+€258,000
Cash 2024
€3,994
From operations (derived)
-€153,095
Net result for the year
-€14,285
Depreciation
+€4,982
Receivables within one year
-€144,308
Smaller working-capital items
-€338
Accrued charges and deferred income
+€854
Investment (derived)
-€105,265
Investment in fixed assets (net)
-€105,265
Financing
+€258,000
Debts after one year
+€258,000
Cash 2025
€3,634
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €185,299 | €429,783 | +€244,484 | +132% |
| Fixed assets | 21/28 | €159,415 | €259,698 | +€100,284 | +62.9% |
| Tangible fixed assets | 22/27 | - | €23,918 | +€23,918 | |
| Furniture and vehicles | 24 | - | €23,918 | +€23,918 | |
| Financial fixed assets | 28 | €159,415 | €235,780 | +€76,365 | +47.9% |
| Current assets | 29/58 | €25,884 | €170,084 | +€144,200 | +557% |
| Amounts receivable within one year | 40/41 | €21,890 | €166,198 | +€144,308 | +659% |
| Other amounts receivable | 41 | €21,890 | €166,198 | +€144,308 | +659% |
| Cash at bank and in hand | 54/58 | €3,994 | €3,634 | -€360 | -9.0% |
| Deferred charges and accrued income | 490/1 | - | €253 | +€253 | |
| Total equity and liabilities | 10/49 | €185,299 | €429,783 | +€244,484 | +132% |
| Equity | 10/15 | -€43,256 | -€57,541 | -€14,285 | -33.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,856 | -€76,141 | -€14,285 | -23.1% |
| Amounts payable | 17/49 | €228,555 | €487,323 | +€258,768 | +113% |
| Amounts payable after more than one year | 17 | €217,000 | €475,000 | +€258,000 | +119% |
| Financial debts | 170/4 | €217,000 | €475,000 | +€258,000 | +119% |
| Amounts payable within one year | 42/48 | €10,639 | €10,554 | -€85 | -0.8% |
| Trade debts | 44 | - | €275 | +€275 | |
| Suppliers | 440/4 | - | €275 | +€275 | |
| Taxes, remuneration and social security | 45 | - | €84 | +€84 | |
| Taxes | 450/3 | - | €84 | +€84 | |
| Other amounts payable | 47/48 | €10,639 | €10,195 | -€444 | -4.2% |
| Accrued charges and deferred income | 492/3 | €916 | €1,770 | +€854 | +93.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €4,982 | +€4,982 | |
| Other operating charges | 640/8 | - | €674 | +€674 | |
| Gross operating margin | 9900 | -€1,737 | -€11,083 | -€9,346 | -538% |
| Operating profit (loss) | 9901 | -€1,737 | -€16,739 | -€15,002 | -863% |
| Financial income | 75/76B | €1,288 | €8,229 | +€6,941 | +539% |
| Recurring financial income | 75 | €1,288 | €8,229 | +€6,941 | +539% |
| Financial charges | 65/66B | €12,626 | €5,775 | -€6,852 | -54.3% |
| Recurring financial charges | 65 | €12,626 | €5,775 | -€6,852 | -54.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,076 | -€14,285 | -€1,209 | -9.2% |
| Profit (loss) for the period | 9904 | -€13,076 | -€14,285 | -€1,209 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,076 | -€14,285 | -€1,209 | -9.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.