BHS17: 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.
BHS17
Largest movements
- Cash +€91,088
up €91,088 (+398.8%), from €22,842 to €113,929
mainly Net result for the year (+€67,807) and Tax, wage and social debts (+€15,929)
- Receivables within one year -€2,850
down €2,850 (-98.8%), from €2,885 to €35
of which Other amounts receivable: -€2,744
- Intangible fixed assets -€2,186
down €2,186 (-21.5%), from €10,169 to €7,983
- Profit (loss) carried forward +€67,807
up €67,807 (+356.3%), from €19,032 to €86,839
- Tax, wage and social debts +€15,929
up €15,929 (+117.5%), from €13,556 to €29,486
- Trade debts +€2,568
up €2,568 (+259.7%), from €989 to €3,557
- Gross operating margin +€118,556
up €118,556, from -€30,092 to €88,464
- Taxes +€17,150
new in 2025: €17,150
- Depreciation +€2,210
up €2,210 (+233.5%), from €946 to €3,156
- Other operating charges -€901
down €901 (-73.8%), from €1,220 to €320
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 | €37,553 | €123,634 | +€86,081 | +229.2% |
| Fixed assets | 21/28 | €11,826 | €9,670 | -€2,157 | -18.2% |
| Intangible fixed assets | 21 | €10,169 | €7,983 | -€2,186 | -21.5% |
| Tangible fixed assets | 22/27 | €1,658 | €1,687 | +€29 | +1.8% |
| Furniture and vehicles | 24 | €1,658 | €1,687 | +€29 | +1.8% |
| Current assets | 29/58 | €25,726 | €113,964 | +€88,238 | +343.0% |
| Amounts receivable within one year | 40/41 | €2,885 | €35 | -€2,850 | -98.8% |
| Trade receivables | 40 | €141 | €35 | -€106 | -75.1% |
| Other amounts receivable | 41 | €2,744 | - | -€2,744 | |
| Cash at bank and in hand | 54/58 | €22,842 | €113,929 | +€91,088 | +398.8% |
| Total equity and liabilities | 10/49 | €37,553 | €123,634 | +€86,081 | +229.2% |
| Equity | 10/15 | €22,032 | €89,839 | +€67,807 | +307.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,032 | €86,839 | +€67,807 | +356.3% |
| Amounts payable | 17/49 | €15,521 | €33,795 | +€18,274 | +117.7% |
| Amounts payable within one year | 42/48 | €15,011 | €33,509 | +€18,498 | +123.2% |
| Trade debts | 44 | €989 | €3,557 | +€2,568 | +259.7% |
| Suppliers | 440/4 | €989 | €3,557 | +€2,568 | +259.7% |
| Taxes, remuneration and social security | 45 | €13,556 | €29,486 | +€15,929 | +117.5% |
| Taxes | 450/3 | €13,556 | €29,486 | +€15,929 | +117.5% |
| Other amounts payable | 47/48 | €466 | €466 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €509 | €286 | -€223 | -43.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €946 | €3,156 | +€2,210 | +233.5% |
| Other operating charges | 640/8 | €1,220 | €320 | -€901 | -73.8% |
| Gross operating margin | 9900 | -€30,092 | €88,464 | +€118,556 | |
| Operating profit (loss) | 9901 | -€32,259 | €84,988 | +€117,247 | |
| Financial income | 75/76B | - | €142 | +€142 | |
| Recurring financial income | 75 | - | €142 | +€142 | |
| Financial charges | 65/66B | €122 | €173 | +€52 | +42.4% |
| Recurring financial charges | 65 | €122 | €173 | +€52 | +42.4% |
| Profit (loss) for the period before taxes | 9903 | -€32,381 | €84,956 | +€117,337 | |
| Income taxes | 67/77 | - | €17,150 | +€17,150 | |
| Profit (loss) for the period | 9904 | -€32,381 | €67,807 | +€100,187 | |
| Profit (loss) for the period to be appropriated | 9905 | -€32,381 | €67,807 | +€100,187 |
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.