BIHO: 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.
What changed
BIHO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
-€13,762
2023 · -€68,337+€54,576
Equity
-€167,823
2023 · -€154,062-€13,762
Cash
€35,064
2023 · €57,711-€22,647
Balance sheet total
€2.3m
2023 · €3.0m-€795,500
Largest movements
Assets
- Stocks and contracts -€736,554
down €736,554 (-41.9%), from €1.8m to €1.0m
- Tangible fixed assets -€55,827
down €55,827 (-4.7%), from €1.2m to €1.1m
Equity and liabilities
- Short-term financial debts -€731,919
down €731,919 (-33.4%), from €2.2m to €1.5m
of which Credit institutions: -€731,919
- Other debts +€88,606
up €88,606 (+282%), from €31,394 to €120,000
- Debts after one year -€80,214
down €80,214 (-9.7%), from €823,018 to €742,805
of which Financial debts: -€74,234
- Trade debts -€56,476
down €56,476 (-79.0%), from €71,519 to €15,043
Income statement
- Gross operating margin +€116,859
up €116,859 (+281%), from €41,518 to €158,377
- Financial charges +€61,516
up €61,516 (+157%), from €39,288 to €100,804
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.
Result 2023
-€68,337
Gross operating margin
+€116,859
Depreciation
-€305
Other operating charges
-€353
Other operating items
-€113
Financial income
+€3
Financial charges
-€61,516
Taxes
+€0
Result 2024
-€13,762
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€791,221
Investment
€0
Financing
-€813,868
Cash 2023
€57,711
From operations (derived)
+€791,221
Net result for the year
-€13,762
Depreciation
+€55,827
Stocks and contracts
+€736,554
Receivables within one year
-€17,857
Deferred charges and accrued income
-€1,671
Trade debts
-€56,476
Other debts
+€88,606
Financing
-€813,868
Debts after one year
-€80,214
Current portion of long-term debt
-€1,736
Short-term financial debts
-€731,919
Cash 2024
€35,064
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,047,907 | €2,252,406 | -€795,500 | -26.1% |
| Fixed assets | 21/28 | €1,195,878 | €1,140,050 | -€55,827 | -4.7% |
| Tangible fixed assets | 22/27 | €1,194,828 | €1,139,000 | -€55,827 | -4.7% |
| Land and buildings | 22 | €1,194,828 | €1,139,000 | -€55,827 | -4.7% |
| Financial fixed assets | 28 | €1,050 | €1,050 | = | 0.0% |
| Current assets | 29/58 | €1,852,029 | €1,112,356 | -€739,673 | -39.9% |
| Stocks and contracts in progress | 3 | €1,757,318 | €1,020,765 | -€736,554 | -41.9% |
| Stocks | 30/36 | €1,757,318 | €1,020,765 | -€736,554 | -41.9% |
| Amounts receivable within one year | 40/41 | €35,027 | €52,884 | +€17,857 | +51.0% |
| Trade receivables | 40 | €3,000 | - | -€3,000 | |
| Other amounts receivable | 41 | €32,027 | €52,884 | +€20,857 | +65.1% |
| Cash at bank and in hand | 54/58 | €57,711 | €35,064 | -€22,647 | -39.2% |
| Deferred charges and accrued income | 490/1 | €1,972 | €3,644 | +€1,671 | +84.7% |
| Total equity and liabilities | 10/49 | €3,047,907 | €2,252,406 | -€795,500 | -26.1% |
| Equity | 10/15 | -€154,062 | -€167,823 | -€13,762 | -8.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €78,500 | €78,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,500 | €4,500 | = | 0.0% |
| Legal reserve | 130 | €4,500 | €4,500 | = | 0.0% |
| Distributable reserves | 133 | €74,000 | €74,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€294,562 | -€308,323 | -€13,762 | -4.7% |
| Amounts payable | 17/49 | €3,201,968 | €2,420,230 | -€781,738 | -24.4% |
| Amounts payable after more than one year | 17 | €823,018 | €742,805 | -€80,214 | -9.7% |
| Financial debts | 170/4 | €810,773 | €736,540 | -€74,234 | -9.2% |
| Other amounts payable | 178/9 | €12,245 | €6,265 | -€5,980 | -48.8% |
| Amounts payable within one year | 42/48 | €2,378,950 | €1,677,425 | -€701,525 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €82,785 | €81,050 | -€1,736 | -2.1% |
| Financial debts | 43 | €2,193,251 | €1,461,333 | -€731,919 | -33.4% |
| Credit institutions | 430/8 | €1,293,251 | €561,333 | -€731,919 | -56.6% |
| Other loans | 439 | €900,000 | €900,000 | = | 0.0% |
| Trade debts | 44 | €71,519 | €15,043 | -€56,476 | -79.0% |
| Suppliers | 440/4 | €71,519 | €15,043 | -€56,476 | -79.0% |
| Other amounts payable | 47/48 | €31,394 | €120,000 | +€88,606 | +282% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,523 | €55,827 | +€305 | +0.5% |
| Other operating charges | 640/8 | €15,045 | €15,398 | +€353 | +2.3% |
| Non-recurring operating charges | 66A | - | €113 | +€113 | |
| Gross operating margin | 9900 | €41,518 | €158,377 | +€116,859 | +281% |
| Operating profit (loss) | 9901 | -€29,050 | €87,038 | +€116,088 | |
| Financial income | 75/76B | €0 | €4 | +€3 | +668% |
| Recurring financial income | 75 | €0 | €4 | +€3 | +668% |
| Financial charges | 65/66B | €39,288 | €100,804 | +€61,516 | +157% |
| Recurring financial charges | 65 | €39,288 | €100,804 | +€61,516 | +157% |
| Profit (loss) for the period before taxes | 9903 | -€68,337 | -€13,762 | +€54,575 | +79.9% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€68,337 | -€13,762 | +€54,576 | +79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€68,337 | -€13,762 | +€54,576 | +79.9% |
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 13 October 2026 via checked.be.