BjoHa: 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.
BjoHa
Largest movements
- Tangible fixed assets +€478,767
up €478,767 (+24.4%), from €2.0m to €2.4m
of which Land and buildings: +€499,460
- Cash +€61,317
up €61,317 (+31.3%), from €195,936 to €257,253
mainly Net result for the year (+€315,306) and Debts after one year (+€126,590)
- Receivables within one year -€31,399
down €31,399 (-30.4%), from €103,143 to €71,744
of which Trade receivables: -€19,293
- Reserves +€315,306
up €315,306 (+20.4%), from €1.5m to €1.9m
of which Distributable reserves: +€315,306
- Debts after one year +€126,590
up €126,590 (+25.8%), from €489,749 to €616,340
- Tax, wage and social debts +€38,258
up €38,258 (+162.2%), from €23,581 to €61,839
of which Taxes: +€37,901
- Current portion of long-term debt +€30,054
up €30,054 (+31.7%), from €94,890 to €124,944
- Gross operating margin +€69,576
up €69,576 (+12.9%), from €540,743 to €610,319
- Depreciation +€33,987
up €33,987 (+43.7%), from €77,716 to €111,703
- Taxes +€9,941
up €9,941 (+7.4%), from €133,524 to €143,465
- Financial income -€6,295
down €6,295 (-65.4%), from €9,621 to €3,326
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 | €2,346,061 | €2,830,567 | +€484,506 | +20.7% |
| Fixed assets | 21/28 | €1,978,178 | €2,456,945 | +€478,767 | +24.2% |
| Tangible fixed assets | 22/27 | €1,960,978 | €2,439,745 | +€478,767 | +24.4% |
| Land and buildings | 22 | €1,913,752 | €2,413,212 | +€499,460 | +26.1% |
| Plant, machinery and equipment | 23 | €29,038 | €18,296 | -€10,743 | -37.0% |
| Furniture and vehicles | 24 | €18,187 | €8,237 | -€9,950 | -54.7% |
| Financial fixed assets | 28 | €17,200 | €17,200 | = | 0.0% |
| Current assets | 29/58 | €367,883 | €373,623 | +€5,739 | +1.6% |
| Amounts receivable after more than one year | 29 | €34,300 | €34,300 | = | 0.0% |
| Other amounts receivable | 291 | €34,300 | €34,300 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,143 | €71,744 | -€31,399 | -30.4% |
| Trade receivables | 40 | €90,792 | €71,499 | -€19,293 | -21.2% |
| Other amounts receivable | 41 | €12,351 | €244 | -€12,107 | -98.0% |
| Current investments | 50/53 | €27,088 | €0 | -€27,088 | -100.0% |
| Cash at bank and in hand | 54/58 | €195,936 | €257,253 | +€61,317 | +31.3% |
| Deferred charges and accrued income | 490/1 | €7,417 | €10,326 | +€2,909 | +39.2% |
| Total equity and liabilities | 10/49 | €2,346,061 | €2,830,567 | +€484,506 | +20.7% |
| Equity | 10/15 | €1,562,883 | €1,878,189 | +€315,306 | +20.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,542,883 | €1,858,189 | +€315,306 | +20.4% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,542,883 | €1,858,189 | +€315,306 | +20.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €783,178 | €952,378 | +€169,201 | +21.6% |
| Amounts payable after more than one year | 17 | €489,749 | €616,340 | +€126,590 | +25.8% |
| Financial debts | 170/4 | €489,749 | €616,340 | +€126,590 | +25.8% |
| Amounts payable within one year | 42/48 | €189,331 | €231,310 | +€41,978 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €94,890 | €124,944 | +€30,054 | +31.7% |
| Trade debts | 44 | €33,655 | €12,334 | -€21,321 | -63.4% |
| Suppliers | 440/4 | €33,655 | €12,334 | -€21,321 | -63.4% |
| Taxes, remuneration and social security | 45 | €23,581 | €61,839 | +€38,258 | +162.2% |
| Taxes | 450/3 | €21,438 | €59,339 | +€37,901 | +176.8% |
| Remuneration and social security | 454/9 | €2,143 | €2,500 | +€357 | +16.6% |
| Other amounts payable | 47/48 | €37,205 | €32,193 | -€5,012 | -13.5% |
| Accrued charges and deferred income | 492/3 | €104,097 | €104,729 | +€632 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,716 | €111,703 | +€33,987 | +43.7% |
| Other operating charges | 640/8 | €8,374 | €13,430 | +€5,056 | +60.4% |
| Gross operating margin | 9900 | €540,743 | €610,319 | +€69,576 | +12.9% |
| Operating profit (loss) | 9901 | €454,653 | €485,185 | +€30,532 | +6.7% |
| Financial income | 75/76B | €9,621 | €3,326 | -€6,295 | -65.4% |
| Recurring financial income | 75 | €9,621 | €3,326 | -€6,295 | -65.4% |
| Financial charges | 65/66B | €31,728 | €29,741 | -€1,987 | -6.3% |
| Recurring financial charges | 65 | €31,728 | €29,741 | -€1,987 | -6.3% |
| Profit (loss) for the period before taxes | 9903 | €432,546 | €458,770 | +€26,224 | +6.1% |
| Income taxes | 67/77 | €133,524 | €143,465 | +€9,941 | +7.4% |
| Profit (loss) for the period | 9904 | €299,022 | €315,306 | +€16,283 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €299,022 | €315,306 | +€16,283 | +5.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.