BS-HOLDINGS: 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.
BS-HOLDINGS
Largest movements
- Receivables after one year +€71,697
up €71,697 (+4.3%), from €1.7m to €1.8m
- Deferred charges and accrued income -€40,500
down €40,500 (-98.8%), from €40,984 to €483
- Receivables within one year -€37,281
down €37,281 (-11.1%), from €335,152 to €297,871
of which Trade receivables: -€45,394
- Debts after one year +€68,511
up €68,511 (+3.8%), from €1.8m to €1.9m
- Accrued charges and deferred income -€43,371
down €43,371 (-100%), from €43,371 to €0
- Reserves -€34,314
down €34,314 (-3.5%), from €966,631 to €932,317
- Gross operating margin -€45,048
down €45,048 (-56.2%), from €80,115 to €35,066
- Staff costs -€34,704
down €34,704 (-50.4%), from €68,891 to €34,187
- Financial charges -€30,389
down €30,389 (-30.9%), from €98,364 to €67,975
- Financial income -€6,061
down €6,061 (-15.0%), from €40,377 to €34,316
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 | €2,974,307 | €2,965,706 | -€8,602 | -0.3% |
| Fixed assets | 21/28 | €913,257 | €913,257 | = | 0.0% |
| Financial fixed assets | 28 | €913,257 | €913,257 | = | 0.0% |
| Current assets | 29/58 | €2,061,051 | €2,052,449 | -€8,602 | -0.4% |
| Amounts receivable after more than one year | 29 | €1,679,109 | €1,750,806 | +€71,697 | +4.3% |
| Other amounts receivable | 291 | €1,679,109 | €1,750,806 | +€71,697 | +4.3% |
| Amounts receivable within one year | 40/41 | €335,152 | €297,871 | -€37,281 | -11.1% |
| Trade receivables | 40 | €90,394 | €45,000 | -€45,394 | -50.2% |
| Other amounts receivable | 41 | €244,759 | €252,871 | +€8,112 | +3.3% |
| Cash at bank and in hand | 54/58 | €5,806 | €3,289 | -€2,517 | -43.4% |
| Deferred charges and accrued income | 490/1 | €40,984 | €483 | -€40,500 | -98.8% |
| Total equity and liabilities | 10/49 | €2,974,307 | €2,965,706 | -€8,602 | -0.3% |
| Equity | 10/15 | €985,231 | €950,917 | -€34,314 | -3.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €966,631 | €932,317 | -€34,314 | -3.5% |
| Distributable reserves | 133 | €966,631 | €932,317 | -€34,314 | -3.5% |
| Amounts payable | 17/49 | €1,989,076 | €2,014,788 | +€25,712 | +1.3% |
| Amounts payable after more than one year | 17 | €1,823,650 | €1,892,161 | +€68,511 | +3.8% |
| Other amounts payable | 178/9 | €1,823,650 | €1,892,161 | +€68,511 | +3.8% |
| Amounts payable within one year | 42/48 | €122,055 | €122,627 | +€572 | +0.5% |
| Trade debts | 44 | €2,669 | €959 | -€1,710 | -64.1% |
| Suppliers | 440/4 | €2,669 | €959 | -€1,710 | -64.1% |
| Taxes, remuneration and social security | 45 | €7,472 | €2,832 | -€4,640 | -62.1% |
| Taxes | 450/3 | €498 | €441 | -€57 | -11.5% |
| Remuneration and social security | 454/9 | €6,974 | €2,391 | -€4,583 | -65.7% |
| Other amounts payable | 47/48 | €111,915 | €118,836 | +€6,921 | +6.2% |
| Accrued charges and deferred income | 492/3 | €43,371 | €0 | -€43,371 | -100% |
| Remuneration, social security and pensions | 62 | €68,891 | €34,187 | -€34,704 | -50.4% |
| Other operating charges | 640/8 | €1,075 | €1,094 | +€18 | +1.7% |
| Gross operating margin | 9900 | €80,115 | €35,066 | -€45,048 | -56.2% |
| Operating profit (loss) | 9901 | €10,149 | -€214 | -€10,363 | |
| Financial income | 75/76B | €40,377 | €34,316 | -€6,061 | -15.0% |
| Recurring financial income | 75 | €40,377 | €34,316 | -€6,061 | -15.0% |
| Financial charges | 65/66B | €98,364 | €67,975 | -€30,389 | -30.9% |
| Recurring financial charges | 65 | €98,364 | €67,975 | -€30,389 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | -€47,839 | -€33,873 | +€13,966 | +29.2% |
| Income taxes | 67/77 | €438 | €441 | +€3 | +0.6% |
| Profit (loss) for the period | 9904 | -€48,277 | -€34,314 | +€13,963 | +28.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,277 | -€34,314 | +€13,963 | +28.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.