HS & Co: 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.
HS & Co
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Financial charges -€13,761
down €13,761 (-29.7%), from €46,389 to €32,629
- Gross operating margin +€897
up €897 (+50.3%), from -€1,785 to -€888
- Other operating charges -€131
down €131 (-17.0%), from €773 to €641
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
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 | €3,522,948 | €3,521,211 | -€1,736 | 0.0% |
| Fixed assets | 21/28 | €3,500,000 | €3,500,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,500,000 | €3,500,000 | = | 0.0% |
| Current assets | 29/58 | €22,948 | €21,211 | -€1,736 | -7.6% |
| Amounts receivable within one year | 40/41 | €1,405 | €1,584 | +€179 | +12.7% |
| Other amounts receivable | 41 | €1,405 | €1,584 | +€179 | +12.7% |
| Cash at bank and in hand | 54/58 | €21,542 | €19,628 | -€1,915 | -8.9% |
| Total equity and liabilities | 10/49 | €3,522,948 | €3,521,211 | -€1,736 | 0.0% |
| Equity | 10/15 | €911,570 | €877,412 | -€34,158 | -3.7% |
| Contributions | 10/11 | €861,500 | €861,500 | = | 0.0% |
| Capital | 10 | €861,500 | €861,500 | = | 0.0% |
| Issued capital | 100 | €861,500 | €861,500 | = | 0.0% |
| Reserves | 13 | €9,930 | €9,930 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €3,780 | €3,780 | = | 0.0% |
| Profit (loss) carried forward | 14 | €40,141 | €5,983 | -€34,158 | -85.1% |
| Amounts payable | 17/49 | €2,611,377 | €2,643,799 | +€32,421 | +1.2% |
| Amounts payable after more than one year | 17 | €1,250,000 | €1,250,000 | = | 0.0% |
| Financial debts | 170/4 | €1,250,000 | €1,250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,361,377 | €1,393,799 | +€32,421 | +2.4% |
| Trade debts | 44 | €58,979 | €91,401 | +€32,421 | +55.0% |
| Suppliers | 440/4 | €58,979 | €91,401 | +€32,421 | +55.0% |
| Other amounts payable | 47/48 | €1,302,398 | €1,302,398 | = | 0.0% |
| Other operating charges | 640/8 | €773 | €641 | -€131 | -17.0% |
| Gross operating margin | 9900 | -€1,785 | -€888 | +€897 | +50.3% |
| Operating profit (loss) | 9901 | -€2,558 | -€1,529 | +€1,029 | +40.2% |
| Financial charges | 65/66B | €46,389 | €32,629 | -€13,761 | -29.7% |
| Recurring financial charges | 65 | €46,389 | €32,629 | -€13,761 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | -€48,947 | -€34,158 | +€14,789 | +30.2% |
| Profit (loss) for the period | 9904 | -€48,947 | -€34,158 | +€14,789 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,947 | -€34,158 | +€14,789 | +30.2% |
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 11 October 2026 via checked.be.