BHS: 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.
BHS
Largest movements
- Receivables within one year -€6,504
down €6,504 (-26.1%), from €24,938 to €18,434
of which Other amounts receivable: -€10,030
- Tangible fixed assets -€1,454
down €1,454 (-16.1%), from €9,016 to €7,562
- Deferred charges and accrued income -€422
down €422 (-35.6%), from €1,183 to €761
- Tax, wage and social debts -€18,614
down €18,614 (-92.8%), from €20,052 to €1,438
of which Remuneration and social security: -€12,935
- Advances received -€14,111
no longer reported in 2024 (was €14,111)
- Trade debts +€13,299
up €13,299 (+99.3%), from €13,395 to €26,694
- Profit (loss) carried forward +€6,351
up €6,351 (+16.1%), from -€39,341 to -€32,990
- Other debts +€4,913
new in 2024: €4,913
- Staff costs -€46,337
no longer reported in 2024 (was €46,337)
- Gross operating margin -€19,192
down €19,192 (-70.8%), from €27,121 to €7,929
- Taxes -€1,546
no longer reported in 2024 (was €1,546)
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 | €36,219 | €28,057 | -€8,162 | -22.5% |
| Fixed assets | 21/28 | €10,044 | €8,590 | -€1,454 | -14.5% |
| Tangible fixed assets | 22/27 | €9,016 | €7,562 | -€1,454 | -16.1% |
| Other tangible fixed assets | 26 | €9,016 | €7,562 | -€1,454 | -16.1% |
| Financial fixed assets | 28 | €1,028 | €1,028 | = | 0.0% |
| Current assets | 29/58 | €26,175 | €19,467 | -€6,708 | -25.6% |
| Amounts receivable within one year | 40/41 | €24,938 | €18,434 | -€6,504 | -26.1% |
| Trade receivables | 40 | €7,389 | €10,915 | +€3,526 | +47.7% |
| Other amounts receivable | 41 | €17,549 | €7,518 | -€10,030 | -57.2% |
| Cash at bank and in hand | 54/58 | €54 | €272 | +€217 | +401% |
| Deferred charges and accrued income | 490/1 | €1,183 | €761 | -€422 | -35.6% |
| Total equity and liabilities | 10/49 | €36,219 | €28,057 | -€8,162 | -22.5% |
| Equity | 10/15 | -€18,890 | -€12,539 | +€6,351 | +33.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€39,341 | -€32,990 | +€6,351 | +16.1% |
| Amounts payable | 17/49 | €55,109 | €40,596 | -€14,513 | -26.3% |
| Amounts payable after more than one year | 17 | €7,551 | €7,551 | = | 0.0% |
| Other amounts payable | 178/9 | €7,551 | €7,551 | = | 0.0% |
| Amounts payable within one year | 42/48 | €47,558 | €33,045 | -€14,513 | -30.5% |
| Trade debts | 44 | €13,395 | €26,694 | +€13,299 | +99.3% |
| Suppliers | 440/4 | €13,395 | €26,694 | +€13,299 | +99.3% |
| Advances received on contracts in progress | 46 | €14,111 | - | -€14,111 | |
| Taxes, remuneration and social security | 45 | €20,052 | €1,438 | -€18,614 | -92.8% |
| Taxes | 450/3 | €5,679 | - | -€5,679 | |
| Remuneration and social security | 454/9 | €14,373 | €1,438 | -€12,935 | -90.0% |
| Other amounts payable | 47/48 | - | €4,913 | +€4,913 | |
| Remuneration, social security and pensions | 62 | €46,337 | - | -€46,337 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,567 | €1,454 | -€112 | -7.2% |
| Other operating charges | 640/8 | €269 | €360 | +€91 | +33.9% |
| Gross operating margin | 9900 | €27,121 | €7,929 | -€19,192 | -70.8% |
| Operating profit (loss) | 9901 | -€21,051 | €6,115 | +€27,166 | |
| Financial income | 75/76B | €968 | €726 | -€242 | -25.0% |
| Recurring financial income | 75 | €968 | €726 | -€242 | -25.0% |
| Financial charges | 65/66B | €699 | €490 | -€209 | -29.9% |
| Recurring financial charges | 65 | €699 | €490 | -€209 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | -€20,781 | €6,351 | +€27,132 | |
| Income taxes | 67/77 | €1,546 | - | -€1,546 | |
| Profit (loss) for the period | 9904 | -€22,327 | €6,351 | +€28,678 | |
| Profit (loss) for the period to be appropriated | 9905 | -€22,327 | €6,351 | +€28,678 |
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 19 October 2026 via checked.be.