EHS CONNECTIONS: 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.
EHS CONNECTIONS
Largest movements
- Tangible fixed assets +€5,970
up €5,970 (+218%), from €2,741 to €8,711
- Cash +€1,946
up €1,946 (+17.9%), from €10,885 to €12,831
mainly Net result for the year (+€19,010) and Depreciation (+€2,830)
- Receivables within one year +€1,094
up €1,094 (+5.6%), from €19,624 to €20,718
of which Other amounts receivable: +€9,984
- Deferred charges and accrued income +€971
up €971 (+530%), from €183 to €1,155
- Reserves +€19,010
up €19,010 (+142%), from €13,416 to €32,426
- Trade debts -€7,000
down €7,000 (-89.7%), from €7,807 to €807
- Tax, wage and social debts -€2,029
down €2,029 (-20.9%), from €9,710 to €7,681
of which Taxes: -€1,018
- Gross operating margin +€25,520
up €25,520 (+971%), from €2,628 to €28,148
- Taxes +€4,631
up €4,631 (+633%), from €732 to €5,363
- Depreciation +€2,052
up €2,052 (+264%), from €778 to €2,830
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 | €33,434 | €43,414 | +€9,981 | +29.9% |
| Fixed assets | 21/28 | €2,741 | €8,711 | +€5,970 | +218% |
| Tangible fixed assets | 22/27 | €2,741 | €8,711 | +€5,970 | +218% |
| Furniture and vehicles | 24 | €2,741 | €8,711 | +€5,970 | +218% |
| Current assets | 29/58 | €30,693 | €34,703 | +€4,011 | +13.1% |
| Amounts receivable within one year | 40/41 | €19,624 | €20,718 | +€1,094 | +5.6% |
| Trade receivables | 40 | €19,624 | €10,734 | -€8,891 | -45.3% |
| Other amounts receivable | 41 | - | €9,984 | +€9,984 | |
| Cash at bank and in hand | 54/58 | €10,885 | €12,831 | +€1,946 | +17.9% |
| Deferred charges and accrued income | 490/1 | €183 | €1,155 | +€971 | +530% |
| Total equity and liabilities | 10/49 | €33,434 | €43,414 | +€9,981 | +29.9% |
| Equity | 10/15 | €15,916 | €34,926 | +€19,010 | +119% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €13,416 | €32,426 | +€19,010 | +142% |
| Distributable reserves | 133 | €13,416 | €32,426 | +€19,010 | +142% |
| Amounts payable | 17/49 | €17,517 | €8,488 | -€9,029 | -51.5% |
| Amounts payable within one year | 42/48 | €17,517 | €8,488 | -€9,029 | -51.5% |
| Trade debts | 44 | €7,807 | €807 | -€7,000 | -89.7% |
| Suppliers | 440/4 | €7,807 | €807 | -€7,000 | -89.7% |
| Taxes, remuneration and social security | 45 | €9,710 | €7,681 | -€2,029 | -20.9% |
| Taxes | 450/3 | €5,699 | €4,681 | -€1,018 | -17.9% |
| Remuneration and social security | 454/9 | €4,011 | €3,000 | -€1,011 | -25.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €778 | €2,830 | +€2,052 | +264% |
| Other operating charges | 640/8 | €638 | €775 | +€137 | +21.4% |
| Gross operating margin | 9900 | €2,628 | €28,148 | +€25,520 | +971% |
| Operating profit (loss) | 9901 | €1,212 | €24,543 | +€23,331 | +1,925% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €102 | €170 | +€68 | +66.5% |
| Recurring financial charges | 65 | €102 | €170 | +€68 | +66.5% |
| Profit (loss) for the period before taxes | 9903 | €1,110 | €24,373 | +€23,263 | +2,096% |
| Income taxes | 67/77 | €732 | €5,363 | +€4,631 | +633% |
| Profit (loss) for the period | 9904 | €378 | €19,010 | +€18,632 | +4,933% |
| Profit (loss) for the period to be appropriated | 9905 | €378 | €19,010 | +€18,632 | +4,933% |
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 16 October 2026 via checked.be.