BHSI Consult: 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.
BHSI Consult
Largest movements
- Receivables within one year +€106,274
up €106,274 (+27.5%), from €386,388 to €492,662
of which Trade receivables: +€106,797
- Tangible fixed assets -€14,320
down €14,320 (-37.9%), from €37,745 to €23,425
- Intangible fixed assets -€8,000
down €8,000 (-24.6%), from €32,504 to €24,504
- Trade debts +€53,205
up €53,205 (+98.8%), from €53,838 to €107,043
- Other debts +€22,000
up €22,000 (+12.0%), from €183,000 to €205,000
- Gross operating margin +€79,319
up €79,319 (+11.0%), from €724,258 to €803,577
- Staff costs +€70,447
up €70,447 (+16.8%), from €418,134 to €488,581
- Depreciation -€69,527
down €69,527 (-75.7%), from €91,847 to €22,320
- Taxes +€19,026
up €19,026 (+32.3%), from €58,841 to €77,867
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 | €693,763 | €780,409 | +€86,645 | +12.5% |
| Fixed assets | 21/28 | €70,551 | €48,231 | -€22,320 | -31.6% |
| Intangible fixed assets | 21 | €32,504 | €24,504 | -€8,000 | -24.6% |
| Tangible fixed assets | 22/27 | €37,745 | €23,425 | -€14,320 | -37.9% |
| Furniture and vehicles | 24 | €37,745 | €23,425 | -€14,320 | -37.9% |
| Financial fixed assets | 28 | €302 | €302 | = | 0.0% |
| Current assets | 29/58 | €623,213 | €732,178 | +€108,965 | +17.5% |
| Amounts receivable within one year | 40/41 | €386,388 | €492,662 | +€106,274 | +27.5% |
| Trade receivables | 40 | €378,607 | €485,404 | +€106,797 | +28.2% |
| Other amounts receivable | 41 | €7,781 | €7,257 | -€523 | -6.7% |
| Cash at bank and in hand | 54/58 | €234,095 | €236,973 | +€2,878 | +1.2% |
| Deferred charges and accrued income | 490/1 | €2,730 | €2,543 | -€187 | -6.9% |
| Total equity and liabilities | 10/49 | €693,763 | €780,409 | +€86,645 | +12.5% |
| Equity | 10/15 | €295,513 | €295,061 | -€453 | -0.2% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €234,735 | €234,735 | = | 0.0% |
| Distributable reserves | 133 | €234,735 | €234,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | €778 | €326 | -€453 | -58.1% |
| Provisions and deferred taxes | 16 | €50,119 | €55,119 | +€4,999 | +10.0% |
| Provisions for liabilities and charges | 160/5 | €50,119 | €55,119 | +€4,999 | +10.0% |
| Environmental obligations | 163 | - | €55,119 | +€55,119 | |
| Other liabilities and charges | 164/5 | €50,119 | - | -€50,119 | |
| Amounts payable | 17/49 | €348,131 | €430,229 | +€82,098 | +23.6% |
| Amounts payable within one year | 42/48 | €348,107 | €430,229 | +€82,122 | +23.6% |
| Trade debts | 44 | €53,838 | €107,043 | +€53,205 | +98.8% |
| Suppliers | 440/4 | €53,838 | €107,043 | +€53,205 | +98.8% |
| Taxes, remuneration and social security | 45 | €111,269 | €118,186 | +€6,917 | +6.2% |
| Taxes | 450/3 | €42,125 | €46,102 | +€3,977 | +9.4% |
| Remuneration and social security | 454/9 | €69,144 | €72,083 | +€2,939 | +4.3% |
| Other amounts payable | 47/48 | €183,000 | €205,000 | +€22,000 | +12.0% |
| Accrued charges and deferred income | 492/3 | €24 | - | -€24 | |
| Remuneration, social security and pensions | 62 | €418,134 | €488,581 | +€70,447 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,847 | €22,320 | -€69,527 | -75.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €10,807 | €4,999 | -€5,808 | -53.7% |
| Other operating charges | 640/8 | €1,596 | €3,721 | +€2,124 | +133% |
| Gross operating margin | 9900 | €724,258 | €803,577 | +€79,319 | +11.0% |
| Operating profit (loss) | 9901 | €201,874 | €283,956 | +€82,082 | +40.7% |
| Financial income | 75/76B | €988 | €396 | -€592 | -59.9% |
| Recurring financial income | 75 | €988 | €396 | -€592 | -59.9% |
| Financial charges | 65/66B | €692 | €1,937 | +€1,246 | +180% |
| Recurring financial charges | 65 | €692 | €1,937 | +€1,246 | +180% |
| Profit (loss) for the period before taxes | 9903 | €202,170 | €282,414 | +€80,244 | +39.7% |
| Income taxes | 67/77 | €58,841 | €77,867 | +€19,026 | +32.3% |
| Profit (loss) for the period | 9904 | €143,329 | €204,547 | +€61,218 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €143,329 | €204,547 | +€61,218 | +42.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.