GH Beheer: 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.
GH Beheer
Largest movements
- Cash +€10,773
up €10,773 (+11.9%), from €90,845 to €101,618
mainly Net result for the year (+€14,440) and Other debts (+€7,106)
- Other debts +€7,106
up €7,106 (+26.4%), from €26,914 to €34,021
- Tax, wage and social debts +€1,971
up €1,971 (+54.8%), from €3,599 to €5,570
- Accrued charges and deferred income +€1,117
new in 2025: €1,117
- Gross operating margin +€8,507
up €8,507 (+62.3%), from €13,657 to €22,164
- Taxes +€2,146
up €2,146 (+49.7%), from €4,316 to €6,463
- Financial charges +€1,118
up €1,118 (+2862.8%), from €39 to €1,157
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 | €100,595 | €110,893 | +€10,298 | +10.2% |
| Fixed assets | 21/28 | €801 | €416 | -€385 | -48.1% |
| Tangible fixed assets | 22/27 | €801 | €416 | -€385 | -48.1% |
| Furniture and vehicles | 24 | €801 | €416 | -€385 | -48.1% |
| Current assets | 29/58 | €99,793 | €110,477 | +€10,684 | +10.7% |
| Amounts receivable within one year | 40/41 | €8,565 | €8,470 | -€95 | -1.1% |
| Trade receivables | 40 | €7,260 | €8,470 | +€1,210 | +16.7% |
| Other amounts receivable | 41 | €1,305 | - | -€1,305 | |
| Cash at bank and in hand | 54/58 | €90,845 | €101,618 | +€10,773 | +11.9% |
| Deferred charges and accrued income | 490/1 | €383 | €390 | +€6 | +1.6% |
| Total equity and liabilities | 10/49 | €100,595 | €110,893 | +€10,298 | +10.2% |
| Equity | 10/15 | €70,081 | €70,147 | +€66 | +0.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €51,481 | €51,547 | +€66 | +0.1% |
| Distributable reserves | 133 | €51,481 | €51,547 | +€66 | +0.1% |
| Amounts payable | 17/49 | €30,513 | €40,746 | +€10,233 | +33.5% |
| Amounts payable within one year | 42/48 | €30,513 | €39,630 | +€9,116 | +29.9% |
| Trade debts | 44 | - | €39 | +€39 | |
| Suppliers | 440/4 | - | €39 | +€39 | |
| Taxes, remuneration and social security | 45 | €3,599 | €5,570 | +€1,971 | +54.8% |
| Taxes | 450/3 | €3,599 | €5,570 | +€1,971 | +54.8% |
| Other amounts payable | 47/48 | €26,914 | €34,021 | +€7,106 | +26.4% |
| Accrued charges and deferred income | 492/3 | - | €1,117 | +€1,117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €355 | €385 | +€31 | +8.6% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Non-recurring operating charges | 66A | €425 | - | -€425 | |
| Gross operating margin | 9900 | €13,657 | €22,164 | +€8,507 | +62.3% |
| Operating profit (loss) | 9901 | €12,759 | €21,659 | +€8,900 | +69.8% |
| Financial income | 75/76B | €405 | €401 | -€4 | -0.9% |
| Recurring financial income | 75 | €405 | €401 | -€4 | -0.9% |
| Financial charges | 65/66B | €39 | €1,157 | +€1,118 | +2862.8% |
| Recurring financial charges | 65 | €39 | €1,157 | +€1,118 | +2862.8% |
| Profit (loss) for the period before taxes | 9903 | €13,125 | €20,903 | +€7,778 | +59.3% |
| Income taxes | 67/77 | €4,316 | €6,463 | +€2,146 | +49.7% |
| Profit (loss) for the period | 9904 | €8,809 | €14,440 | +€5,632 | +63.9% |
| Profit (loss) for the period to be appropriated | 9905 | €8,809 | €14,440 | +€5,632 | +63.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.