BHRSG: 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.
BHRSG
Largest movements
- Receivables within one year -€2,878
down €2,878 (-70.4%), from €4,088 to €1,210
of which Other amounts receivable: -€3,967
- Cash +€626
up €626 (+66.8%), from €937 to €1,563
mainly Net result for the year (+€37,993) and Receivables within one year (+€2,878)
- Formation expenses -€500
down €500 (-100%), from €500 to €0
- Deferred charges and accrued income -€181
down €181 (-100%), from €181 to €0
- Other debts -€39,043
down €39,043 (-13.4%), from €292,362 to €253,319
- Profit (loss) carried forward +€37,993
up €37,993 (+10.6%), from -€359,673 to -€321,680
- Tax, wage and social debts -€4,162
down €4,162 (-64.2%), from €6,485 to €2,323
of which Remuneration and social security: -€6,485
- Advances received +€2,000
new in 2025: €2,000
- Trade debts +€891
up €891 (+20.1%), from €4,433 to €5,324
- Staff costs -€110,161
down €110,161, from €107,965 to -€2,196
- Other operating charges -€94,203
down €94,203 (-99.4%), from €94,798 to €594
- Gross operating margin -€34,962
down €34,962 (-48.4%), from €72,183 to €37,221
- Financial charges -€1,505
down €1,505 (-82.1%), from €1,834 to €329
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 | €5,881 | €2,948 | -€2,933 | -49.9% |
| Formation expenses | 20 | €500 | €0 | -€500 | -100% |
| Fixed assets | 21/28 | €175 | €175 | = | 0.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €5,205 | €2,773 | -€2,432 | -46.7% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,088 | €1,210 | -€2,878 | -70.4% |
| Trade receivables | 40 | €121 | €1,210 | +€1,090 | +904% |
| Other amounts receivable | 41 | €3,967 | €0 | -€3,967 | -100% |
| Cash at bank and in hand | 54/58 | €937 | €1,563 | +€626 | +66.8% |
| Deferred charges and accrued income | 490/1 | €181 | €0 | -€181 | -100% |
| Total equity and liabilities | 10/49 | €5,881 | €2,948 | -€2,933 | -49.9% |
| Equity | 10/15 | -€298,173 | -€260,180 | +€37,993 | +12.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€359,673 | -€321,680 | +€37,993 | +10.6% |
| Amounts payable | 17/49 | €304,053 | €263,128 | -€40,926 | -13.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €304,053 | €262,966 | -€41,087 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €773 | €0 | -€773 | -100% |
| Trade debts | 44 | €4,433 | €5,324 | +€891 | +20.1% |
| Suppliers | 440/4 | €4,433 | €5,324 | +€891 | +20.1% |
| Advances received on contracts in progress | 46 | - | €2,000 | +€2,000 | |
| Taxes, remuneration and social security | 45 | €6,485 | €2,323 | -€4,162 | -64.2% |
| Taxes | 450/3 | €0 | €2,323 | +€2,323 | |
| Remuneration and social security | 454/9 | €6,485 | €0 | -€6,485 | -100% |
| Other amounts payable | 47/48 | €292,362 | €253,319 | -€39,043 | -13.4% |
| Accrued charges and deferred income | 492/3 | - | €162 | +€162 | |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €107,965 | -€2,196 | -€110,161 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €561 | €500 | -€60 | -10.7% |
| Other operating charges | 640/8 | €94,798 | €594 | -€94,203 | -99.4% |
| Operating charges capitalised as restructuring costs | 649 | €0 | - | = | |
| Gross operating margin | 9900 | €72,183 | €37,221 | -€34,962 | -48.4% |
| Operating profit (loss) | 9901 | -€131,140 | €38,322 | +€169,462 | |
| Financial income | 75/76B | €86 | - | -€86 | |
| Recurring financial income | 75 | €86 | - | -€86 | |
| Financial charges | 65/66B | €1,834 | €329 | -€1,505 | -82.1% |
| Recurring financial charges | 65 | €1,834 | €329 | -€1,505 | -82.1% |
| Profit (loss) for the period before taxes | 9903 | -€132,889 | €37,993 | +€170,882 | |
| Profit (loss) for the period | 9904 | -€132,889 | €37,993 | +€170,882 | |
| Profit (loss) for the period to be appropriated | 9905 | -€132,889 | €37,993 | +€170,882 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.