BULHIK: 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.
BULHIK
Largest movements
- Receivables within one year -€26,253
down €26,253 (-72.8%), from €36,086 to €9,832
of which Trade receivables: -€18,237
- Tangible fixed assets -€11,679
down €11,679 (-30.8%), from €37,908 to €26,230
- Cash -€1,459
down €1,459 (-5.8%), from €25,057 to €23,598
mainly Net result for the year (-€14,712) and Tax, wage and social debts (-€9,146)
- Profit (loss) carried forward -€14,712
down €14,712 (-24.5%), from €60,150 to €45,438
- Tax, wage and social debts -€9,146
down €9,146 (-56.1%), from €16,311 to €7,164
of which Taxes: -€16,290
- Other debts -€8,108
down €8,108 (-93.5%), from €8,674 to €566
- Trade debts -€7,424
down €7,424 (-74.9%), from €9,916 to €2,492
- Turnover -€124,343
down €124,343 (-40.3%), from €308,847 to €184,504
- Gross operating margin -€89,583
down €89,583, from €88,560 to -€1,023
- Purchases and services -€33,687
down €33,687 (-15.3%), from €220,287 to €186,599
- Taxes -€16,833
down €16,833, from €16,311 to -€522
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €99,051 | €59,661 | -€39,391 | -39.8% |
| Fixed assets | 21/28 | €37,908 | €26,230 | -€11,679 | -30.8% |
| Tangible fixed assets | 22/27 | €37,908 | €26,230 | -€11,679 | -30.8% |
| Furniture and vehicles | 24 | €37,908 | €26,230 | -€11,679 | -30.8% |
| Current assets | 29/58 | €61,143 | €33,431 | -€27,712 | -45.3% |
| Amounts receivable within one year | 40/41 | €36,086 | €9,832 | -€26,253 | -72.8% |
| Trade receivables | 40 | €23,528 | €5,291 | -€18,237 | -77.5% |
| Other amounts receivable | 41 | €12,558 | €4,541 | -€8,017 | -63.8% |
| Cash at bank and in hand | 54/58 | €25,057 | €23,598 | -€1,459 | -5.8% |
| Total equity and liabilities | 10/49 | €99,051 | €59,661 | -€39,391 | -39.8% |
| Equity | 10/15 | €64,150 | €49,438 | -€14,712 | -22.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,150 | €45,438 | -€14,712 | -24.5% |
| Amounts payable | 17/49 | €34,901 | €10,223 | -€24,678 | -70.7% |
| Amounts payable within one year | 42/48 | €34,901 | €10,223 | -€24,678 | -70.7% |
| Trade debts | 44 | €9,916 | €2,492 | -€7,424 | -74.9% |
| Suppliers | 440/4 | €9,916 | €2,492 | -€7,424 | -74.9% |
| Taxes, remuneration and social security | 45 | €16,311 | €7,164 | -€9,146 | -56.1% |
| Taxes | 450/3 | €16,311 | €21 | -€16,290 | -99.9% |
| Remuneration and social security | 454/9 | - | €7,143 | +€7,143 | |
| Other amounts payable | 47/48 | €8,674 | €566 | -€8,108 | -93.5% |
| Turnover | 70 | €308,847 | €184,504 | -€124,343 | -40.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €220,287 | €186,599 | -€33,687 | -15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,176 | €12,888 | +€1,713 | +15.3% |
| Other operating charges | 640/8 | €844 | €1,194 | +€350 | +41.4% |
| Gross operating margin | 9900 | €88,560 | -€1,023 | -€89,583 | |
| Operating profit (loss) | 9901 | €76,541 | -€15,105 | -€91,646 | |
| Financial income | 75/76B | €4 | €8 | +€3 | +79.7% |
| Recurring financial income | 75 | €4 | €8 | +€3 | +79.7% |
| Financial charges | 65/66B | €84 | €137 | +€53 | +63.3% |
| Recurring financial charges | 65 | €84 | €137 | +€53 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | €76,461 | -€15,234 | -€91,695 | |
| Income taxes | 67/77 | €16,311 | -€522 | -€16,833 | |
| Profit (loss) for the period | 9904 | €60,150 | -€14,712 | -€74,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,150 | -€14,712 | -€74,863 |
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 23 October 2026 via checked.be.