EHSB: 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.
EHSB
Largest movements
- Financial fixed assets -€305,000
down €305,000 (-7.8%), from €3.9m to €3.6m
- Receivables within one year -€176,450
down €176,450 (-19.4%), from €911,821 to €735,371
of which Trade receivables: -€89,172
- Debts after one year -€424,763
down €424,763 (-24.0%), from €1.8m to €1.3m
- Other debts -€107,528
down €107,528 (-8.6%), from €1.2m to €1.1m
- Financial income +€261,069
up €261,069 (+130%), from €200,061 to €461,130
- Financial charges +€259,623
up €259,623 (+229%), from €113,401 to €373,024
- Staff costs +€6,342
up €6,342 (+2.9%), from €215,617 to €221,959
- Gross operating margin +€3,725
up €3,725 (+2.1%), from €180,917 to €184,643
- Other operating charges +€2,746
up €2,746 (+163%), from €1,689 to €4,435
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 | €5,053,758 | €4,518,801 | -€534,957 | -10.6% |
| Fixed assets | 21/28 | €3,993,802 | €3,646,507 | -€347,295 | -8.7% |
| Tangible fixed assets | 22/27 | €99,752 | €57,457 | -€42,295 | -42.4% |
| Plant, machinery and equipment | 23 | €21,912 | €7,128 | -€14,784 | -67.5% |
| Furniture and vehicles | 24 | €77,841 | €50,330 | -€27,511 | -35.3% |
| Financial fixed assets | 28 | €3,894,050 | €3,589,050 | -€305,000 | -7.8% |
| Current assets | 29/58 | €1,059,955 | €872,293 | -€187,662 | -17.7% |
| Stocks and contracts in progress | 3 | €125,436 | €125,000 | -€436 | -0.3% |
| Stocks | 30/36 | €125,436 | €125,000 | -€436 | -0.3% |
| Amounts receivable within one year | 40/41 | €911,821 | €735,371 | -€176,450 | -19.4% |
| Trade receivables | 40 | €138,873 | €49,701 | -€89,172 | -64.2% |
| Other amounts receivable | 41 | €772,948 | €685,670 | -€87,279 | -11.3% |
| Cash at bank and in hand | 54/58 | €18,040 | €11,922 | -€6,118 | -33.9% |
| Deferred charges and accrued income | 490/1 | €4,658 | - | -€4,658 | |
| Total equity and liabilities | 10/49 | €5,053,758 | €4,518,801 | -€534,957 | -10.6% |
| Equity | 10/15 | €1,566,834 | €1,570,893 | +€4,059 | +0.3% |
| Contributions | 10/11 | €1,520,460 | €1,520,460 | = | 0.0% |
| Reserves | 13 | €45,555 | €45,555 | = | 0.0% |
| Distributable reserves | 133 | €45,555 | €45,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €819 | €4,878 | +€4,059 | +496% |
| Amounts payable | 17/49 | €3,486,924 | €2,947,908 | -€539,016 | -15.5% |
| Amounts payable after more than one year | 17 | €1,768,115 | €1,343,351 | -€424,763 | -24.0% |
| Financial debts | 170/4 | €1,768,115 | €1,343,351 | -€424,763 | -24.0% |
| Amounts payable within one year | 42/48 | €1,718,809 | €1,604,556 | -€114,253 | -6.6% |
| Current portion of amounts payable after more than one year | 42 | €429,184 | €424,813 | -€4,371 | -1.0% |
| Trade debts | 44 | €37,385 | €36,830 | -€554 | -1.5% |
| Suppliers | 440/4 | €37,385 | €36,830 | -€554 | -1.5% |
| Taxes, remuneration and social security | 45 | €8,049 | €6,249 | -€1,800 | -22.4% |
| Remuneration and social security | 454/9 | €8,049 | €6,249 | -€1,800 | -22.4% |
| Other amounts payable | 47/48 | €1,244,192 | €1,136,664 | -€107,528 | -8.6% |
| Remuneration, social security and pensions | 62 | €215,617 | €221,959 | +€6,342 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,829 | €42,295 | -€534 | -1.2% |
| Other operating charges | 640/8 | €1,689 | €4,435 | +€2,746 | +163% |
| Gross operating margin | 9900 | €180,917 | €184,643 | +€3,725 | +2.1% |
| Operating profit (loss) | 9901 | -€79,218 | -€84,047 | -€4,829 | -6.1% |
| Financial income | 75/76B | €200,061 | €461,130 | +€261,069 | +130% |
| Recurring financial income | 75 | €200,061 | €461,130 | +€261,069 | +130% |
| Financial charges | 65/66B | €113,401 | €373,024 | +€259,623 | +229% |
| Recurring financial charges | 65 | €113,401 | €373,024 | +€259,623 | +229% |
| Profit (loss) for the period before taxes | 9903 | €7,442 | €4,059 | -€3,383 | -45.5% |
| Income taxes | 67/77 | €717 | - | -€717 | |
| Profit (loss) for the period | 9904 | €6,725 | €4,059 | -€2,666 | -39.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,725 | €4,059 | -€2,666 | -39.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.