BHS GROUP: 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.
BHS GROUP
Largest movements
- Cash +€15,527
up €15,527 (+205.6%), from €7,550 to €23,078
mainly Net result for the year (+€4,802) and Other debts (+€4,442)
- Receivables within one year -€2,964
down €2,964 (-64.9%), from €4,571 to €1,607
of which Other amounts receivable: -€2,351
- Tangible fixed assets -€1,833
down €1,833 (-34.3%), from €5,342 to €3,509
- Profit (loss) carried forward +€4,802
up €4,802 (+74.0%), from €6,489 to €11,291
- Other debts +€4,442
up €4,442 (+91.3%), from €4,867 to €9,309
- Tax, wage and social debts +€1,333
up €1,333 (+155.5%), from €857 to €2,189
of which Taxes: +€1,333
- Gross operating margin +€3,921
up €3,921 (+59.5%), from €6,588 to €10,509
- Taxes +€1,430
new in 2025: €1,430
- Other operating charges +€787
new in 2025: €787
- Depreciation +€778
up €778 (+73.7%), from €1,055 to €1,833
- Financial charges +€662
up €662 (+66.5%), from €995 to €1,657
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 | €17,464 | €28,193 | +€10,729 | +61.4% |
| Fixed assets | 21/28 | €5,342 | €3,509 | -€1,833 | -34.3% |
| Tangible fixed assets | 22/27 | €5,342 | €3,509 | -€1,833 | -34.3% |
| Furniture and vehicles | 24 | €5,342 | €3,509 | -€1,833 | -34.3% |
| Current assets | 29/58 | €12,121 | €24,684 | +€12,563 | +103.6% |
| Amounts receivable within one year | 40/41 | €4,571 | €1,607 | -€2,964 | -64.9% |
| Trade receivables | 40 | €2,217 | €1,604 | -€613 | -27.7% |
| Other amounts receivable | 41 | €2,354 | €3 | -€2,351 | -99.9% |
| Cash at bank and in hand | 54/58 | €7,550 | €23,078 | +€15,527 | +205.6% |
| Total equity and liabilities | 10/49 | €17,464 | €28,193 | +€10,729 | +61.4% |
| Equity | 10/15 | €11,489 | €16,291 | +€4,802 | +41.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,489 | €11,291 | +€4,802 | +74.0% |
| Amounts payable | 17/49 | €5,974 | €11,902 | +€5,927 | +99.2% |
| Amounts payable within one year | 42/48 | €5,974 | €11,902 | +€5,927 | +99.2% |
| Trade debts | 44 | €250 | €403 | +€153 | +61.0% |
| Suppliers | 440/4 | €250 | €403 | +€153 | +61.0% |
| Taxes, remuneration and social security | 45 | €857 | €2,189 | +€1,333 | +155.5% |
| Taxes | 450/3 | - | €1,333 | +€1,333 | |
| Remuneration and social security | 454/9 | €857 | €857 | = | 0.0% |
| Other amounts payable | 47/48 | €4,867 | €9,309 | +€4,442 | +91.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,055 | €1,833 | +€778 | +73.7% |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Gross operating margin | 9900 | €6,588 | €10,509 | +€3,921 | +59.5% |
| Operating profit (loss) | 9901 | €5,533 | €7,889 | +€2,356 | +42.6% |
| Financial charges | 65/66B | €995 | €1,657 | +€662 | +66.5% |
| Recurring financial charges | 65 | €995 | €1,657 | +€662 | +66.5% |
| Profit (loss) for the period before taxes | 9903 | €4,538 | €6,232 | +€1,694 | +37.3% |
| Income taxes | 67/77 | - | €1,430 | +€1,430 | |
| Profit (loss) for the period | 9904 | €4,538 | €4,802 | +€264 | +5.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,538 | €4,802 | +€264 | +5.8% |
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 5 October 2026 via checked.be.