BMH: 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.
BMH
Largest movements
- Receivables within one year +€30,450
up €30,450 (+25.0%), from €121,976 to €152,426
of which Trade receivables: +€30,113
- Other debts +€22,000
up €22,000 (+2.4%), from €922,484 to €944,484
- Profit (loss) carried forward +€11,024
up €11,024 (+23.6%), from -€46,662 to -€35,638
- Taxes -€5,301
no longer reported in 2025 (was €5,301)
- Gross operating margin +€2,613
up €2,613 (+9.6%), from €27,087 to €29,699
- Financial income +€388
new in 2025: €388
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.
Derived cash bridge
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 | €949,676 | €978,734 | +€29,058 | +3.1% |
| Fixed assets | 21/28 | €800,000 | €800,000 | = | 0.0% |
| Financial fixed assets | 28 | €800,000 | €800,000 | = | 0.0% |
| Current assets | 29/58 | €149,676 | €178,734 | +€29,058 | +19.4% |
| Amounts receivable within one year | 40/41 | €121,976 | €152,426 | +€30,450 | +25.0% |
| Trade receivables | 40 | €120,000 | €150,113 | +€30,113 | +25.1% |
| Other amounts receivable | 41 | €1,976 | €2,313 | +€337 | +17.0% |
| Cash at bank and in hand | 54/58 | €27,700 | €26,308 | -€1,392 | -5.0% |
| Total equity and liabilities | 10/49 | €949,676 | €978,734 | +€29,058 | +3.1% |
| Equity | 10/15 | €22,088 | €33,112 | +€11,024 | +49.9% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €6,250 | €6,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,250 | €6,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,662 | -€35,638 | +€11,024 | +23.6% |
| Amounts payable | 17/49 | €927,588 | €945,623 | +€18,034 | +1.9% |
| Amounts payable within one year | 42/48 | €927,588 | €945,623 | +€18,034 | +1.9% |
| Trade debts | 44 | €3,966 | - | -€3,966 | |
| Suppliers | 440/4 | €3,966 | - | -€3,966 | |
| Taxes, remuneration and social security | 45 | €1,139 | €1,139 | = | 0.0% |
| Taxes | 450/3 | €1,139 | €1,139 | = | 0.0% |
| Other amounts payable | 47/48 | €922,484 | €944,484 | +€22,000 | +2.4% |
| Other operating charges | 640/8 | €968 | €1,018 | +€50 | +5.2% |
| Gross operating margin | 9900 | €27,087 | €29,699 | +€2,613 | +9.6% |
| Operating profit (loss) | 9901 | €26,119 | €28,681 | +€2,562 | +9.8% |
| Financial income | 75/76B | - | €388 | +€388 | |
| Recurring financial income | 75 | - | €388 | +€388 | |
| Financial charges | 65/66B | €17,777 | €18,045 | +€267 | +1.5% |
| Recurring financial charges | 65 | €17,777 | €18,045 | +€267 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €8,342 | €11,024 | +€2,683 | +32.2% |
| Income taxes | 67/77 | €5,301 | - | -€5,301 | |
| Profit (loss) for the period | 9904 | €3,040 | €11,024 | +€7,984 | +263% |
| Profit (loss) for the period to be appropriated | 9905 | €3,040 | €11,024 | +€7,984 | +263% |
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 15 October 2026 via checked.be.