BND - HS: 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.
BND - HS
Largest movements
- Tangible fixed assets -€9,521
down €9,521 (-3.8%), from €248,781 to €239,261
of which Land and buildings: -€9,154
- Debts after one year +€13,925
up €13,925 (+5.9%), from €237,631 to €251,556
of which Other amounts payable: +€132,500
- Profit (loss) carried forward -€13,802
down €13,802 (-54.7%), from -€25,241 to -€39,044
- Current portion of long-term debt -€10,447
down €10,447 (-66.7%), from €15,654 to €5,208
- Gross operating margin +€2,955
up €2,955 (+63.4%), from €4,661 to €7,615
- Financial charges +€900
up €900 (+8.6%), from €10,470 to €11,369
- Depreciation -€280
down €280 (-2.9%), from €9,801 to €9,521
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249,965 | €240,128 | -€9,837 | -3.9% |
| Fixed assets | 21/28 | €248,781 | €239,261 | -€9,521 | -3.8% |
| Tangible fixed assets | 22/27 | €248,781 | €239,261 | -€9,521 | -3.8% |
| Land and buildings | 22 | €248,292 | €239,138 | -€9,154 | -3.7% |
| Furniture and vehicles | 24 | €489 | €123 | -€367 | -75.0% |
| Current assets | 29/58 | €1,184 | €867 | -€317 | -26.8% |
| Amounts receivable within one year | 40/41 | €289 | €222 | -€67 | -23.2% |
| Other amounts receivable | 41 | €289 | €222 | -€67 | -23.2% |
| Deferred charges and accrued income | 490/1 | €895 | €645 | -€250 | -27.9% |
| Total equity and liabilities | 10/49 | €249,965 | €240,128 | -€9,837 | -3.9% |
| Equity | 10/15 | -€6,641 | -€20,444 | -€13,802 | -207.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,241 | -€39,044 | -€13,802 | -54.7% |
| Amounts payable | 17/49 | €256,607 | €260,571 | +€3,965 | +1.5% |
| Amounts payable after more than one year | 17 | €237,631 | €251,556 | +€13,925 | +5.9% |
| Financial debts | 170/4 | €170,131 | €51,556 | -€118,575 | -69.7% |
| Other amounts payable | 178/9 | €67,500 | €200,000 | +€132,500 | +196.3% |
| Amounts payable within one year | 42/48 | €18,976 | €8,488 | -€10,488 | -55.3% |
| Current portion of amounts payable after more than one year | 42 | €15,654 | €5,208 | -€10,447 | -66.7% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Other amounts payable | 47/48 | €3,195 | €3,280 | +€84 | +2.6% |
| Accrued charges and deferred income | 492/3 | - | €528 | +€528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,801 | €9,521 | -€280 | -2.9% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,661 | €7,615 | +€2,955 | +63.4% |
| Operating profit (loss) | 9901 | -€5,653 | -€2,433 | +€3,220 | +57.0% |
| Financial charges | 65/66B | €10,470 | €11,369 | +€900 | +8.6% |
| Recurring financial charges | 65 | €10,470 | €11,369 | +€900 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | -€16,123 | -€13,802 | +€2,321 | +14.4% |
| Profit (loss) for the period | 9904 | -€16,123 | -€13,802 | +€2,321 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,123 | -€13,802 | +€2,321 | +14.4% |
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 9 October 2026 via checked.be.