BMH 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.
BMH GROUP
Largest movements
- Tangible fixed assets +€7,623
up €7,623 (+88.1%), from €8,653 to €16,276
of which Furniture and vehicles: +€7,719
- Receivables within one year +€3,903
up €3,903 (+210%), from €1,859 to €5,762
of which Other amounts receivable: +€2,384
- Cash +€1,802
up €1,802 (+12.6%), from €14,261 to €16,063
mainly Net result for the year (+€8,666) and Depreciation (+€6,377)
- Profit (loss) carried forward +€8,666
up €8,666 (+63.3%), from €13,691 to €22,357
- Tax, wage and social debts +€2,031
up €2,031 (+43.7%), from €4,645 to €6,676
- Trade debts +€1,440
up €1,440 (+493%), from €292 to €1,732
- Other debts +€1,192
up €1,192 (+61.3%), from €1,944 to €3,136
- Gross operating margin -€3,474
down €3,474 (-14.0%), from €24,776 to €21,302
- Depreciation +€3,280
up €3,280 (+106%), from €3,097 to €6,377
- Taxes -€1,985
down €1,985 (-58.0%), from €3,423 to €1,438
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 | €24,773 | €38,102 | +€13,329 | +53.8% |
| Fixed assets | 21/28 | €8,653 | €16,276 | +€7,623 | +88.1% |
| Tangible fixed assets | 22/27 | €8,653 | €16,276 | +€7,623 | +88.1% |
| Plant, machinery and equipment | 23 | €214 | €118 | -€96 | -45.0% |
| Furniture and vehicles | 24 | €8,439 | €16,158 | +€7,719 | +91.5% |
| Current assets | 29/58 | €16,120 | €21,826 | +€5,705 | +35.4% |
| Amounts receivable within one year | 40/41 | €1,859 | €5,762 | +€3,903 | +210% |
| Trade receivables | 40 | €1,859 | €3,378 | +€1,519 | +81.7% |
| Other amounts receivable | 41 | - | €2,384 | +€2,384 | |
| Cash at bank and in hand | 54/58 | €14,261 | €16,063 | +€1,802 | +12.6% |
| Total equity and liabilities | 10/49 | €24,773 | €38,102 | +€13,329 | +53.8% |
| Equity | 10/15 | €17,891 | €26,557 | +€8,666 | +48.4% |
| Contributions | 10/11 | €4,200 | €4,200 | = | 0.0% |
| Contributions outside capital | 11 | - | €4,200 | +€4,200 | |
| Other | 1109/19 | - | €4,200 | +€4,200 | |
| Profit (loss) carried forward | 14 | €13,691 | €22,357 | +€8,666 | +63.3% |
| Amounts payable | 17/49 | €6,882 | €11,544 | +€4,662 | +67.7% |
| Amounts payable within one year | 42/48 | €6,882 | €11,544 | +€4,662 | +67.7% |
| Trade debts | 44 | €292 | €1,732 | +€1,440 | +493% |
| Suppliers | 440/4 | €292 | €1,732 | +€1,440 | +493% |
| Taxes, remuneration and social security | 45 | €4,645 | €6,676 | +€2,031 | +43.7% |
| Taxes | 450/3 | €4,645 | €6,676 | +€2,031 | +43.7% |
| Other amounts payable | 47/48 | €1,944 | €3,136 | +€1,192 | +61.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,097 | €6,377 | +€3,280 | +106% |
| Other operating charges | 640/8 | €4,527 | €4,725 | +€198 | +4.4% |
| Gross operating margin | 9900 | €24,776 | €21,302 | -€3,474 | -14.0% |
| Operating profit (loss) | 9901 | €17,153 | €10,200 | -€6,952 | -40.5% |
| Financial income | 75/76B | €15 | €0 | -€15 | -97.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +1,900% |
| Non-recurring financial income | 76B | €15 | - | -€15 | |
| Financial charges | 65/66B | €54 | €97 | +€43 | +80.8% |
| Recurring financial charges | 65 | €54 | €97 | +€43 | +80.8% |
| Profit (loss) for the period before taxes | 9903 | €17,114 | €10,104 | -€7,010 | -41.0% |
| Income taxes | 67/77 | €3,423 | €1,438 | -€1,985 | -58.0% |
| Profit (loss) for the period | 9904 | €13,691 | €8,666 | -€5,025 | -36.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,691 | €8,666 | -€5,025 | -36.7% |
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 19 October 2026 via checked.be.