GHRS IT Solutions: 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.
GHRS IT Solutions
Largest movements
- Receivables within one year +€4,974
up €4,974 (+24.8%), from €20,048 to €25,022
of which Trade receivables: +€9,453
- Cash +€3,454
up €3,454 (+209%), from €1,656 to €5,111
mainly Net result for the year (+€31,991) and Other debts (+€2,461)
- Deferred charges and accrued income -€1,083
down €1,083 (-52.7%), from €2,056 to €972
- Other debts +€2,461
up €2,461, from €0 to €2,461
- Reserves +€1,722
up €1,722 (+3.1%), from €55,796 to €57,519
- Tax, wage and social debts +€1,374
up €1,374 (+64.1%), from €2,143 to €3,517
- Trade debts +€1,348
up €1,348 (+107%), from €1,261 to €2,609
- Gross operating margin +€6,256
up €6,256 (+16.1%), from €38,972 to €45,228
- Taxes +€4,462
up €4,462 (+54.5%), from €8,189 to €12,651
- Financial charges +€860
up €860 (+341%), from €253 to €1,113
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 | €60,700 | €67,605 | +€6,905 | +11.4% |
| Fixed assets | 21/28 | €440 | €0 | -€440 | -100% |
| Tangible fixed assets | 22/27 | €440 | €0 | -€440 | -100% |
| Furniture and vehicles | 24 | €440 | €0 | -€440 | -100% |
| Current assets | 29/58 | €60,260 | €67,605 | +€7,345 | +12.2% |
| Amounts receivable after more than one year | 29 | €36,500 | €36,500 | = | 0.0% |
| Other amounts receivable | 291 | €36,500 | €36,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,048 | €25,022 | +€4,974 | +24.8% |
| Trade receivables | 40 | €13,302 | €22,755 | +€9,453 | +71.1% |
| Other amounts receivable | 41 | €6,746 | €2,267 | -€4,479 | -66.4% |
| Cash at bank and in hand | 54/58 | €1,656 | €5,111 | +€3,454 | +209% |
| Deferred charges and accrued income | 490/1 | €2,056 | €972 | -€1,083 | -52.7% |
| Total equity and liabilities | 10/49 | €60,700 | €67,605 | +€6,905 | +11.4% |
| Equity | 10/15 | €57,296 | €59,019 | +€1,722 | +3.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €55,796 | €57,519 | +€1,722 | +3.1% |
| Distributable reserves | 133 | €55,796 | €57,519 | +€1,722 | +3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,404 | €8,587 | +€5,183 | +152% |
| Amounts payable within one year | 42/48 | €3,404 | €8,587 | +€5,183 | +152% |
| Trade debts | 44 | €1,261 | €2,609 | +€1,348 | +107% |
| Suppliers | 440/4 | €1,261 | €2,609 | +€1,348 | +107% |
| Taxes, remuneration and social security | 45 | €2,143 | €3,517 | +€1,374 | +64.1% |
| Taxes | 450/3 | €2,143 | €3,517 | +€1,374 | +64.1% |
| Other amounts payable | 47/48 | €0 | €2,461 | +€2,461 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €537 | €440 | -€97 | -18.1% |
| Gross operating margin | 9900 | €38,972 | €45,228 | +€6,256 | +16.1% |
| Operating profit (loss) | 9901 | €38,435 | €44,788 | +€6,353 | +16.5% |
| Financial income | 75/76B | €1,080 | €966 | -€114 | -10.6% |
| Recurring financial income | 75 | €1,080 | €966 | -€114 | -10.6% |
| Financial charges | 65/66B | €253 | €1,113 | +€860 | +341% |
| Recurring financial charges | 65 | €253 | €1,113 | +€860 | +341% |
| Profit (loss) for the period before taxes | 9903 | €39,263 | €44,642 | +€5,379 | +13.7% |
| Income taxes | 67/77 | €8,189 | €12,651 | +€4,462 | +54.5% |
| Profit (loss) for the period | 9904 | €31,074 | €31,991 | +€917 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,074 | €31,991 | +€917 | +3.0% |
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 23 October 2026 via checked.be.