C.H.CONSTRUCTION: 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.
C.H.CONSTRUCTION
Largest movements
- Cash -€187,318
down €187,318 (-72.5%), from €258,515 to €71,197
mainly Trade debts (-€455,014) and Current portion of long-term debt (-€43,991)
- Receivables within one year -€57,972
down €57,972 (-3.8%), from €1.5m to €1.5m
of which Trade receivables: -€86,161
- Trade debts -€455,014
down €455,014 (-69.0%), from €659,004 to €203,990
- Short-term financial debts +€223,933
up €223,933 (+320.6%), from €69,848 to €293,781
- Current portion of long-term debt -€43,991
down €43,991 (-100.0%), from €43,991 to €0
- Profit (loss) carried forward +€25,106
up €25,106 (+3.2%), from €794,839 to €819,944
- Gross operating margin -€359,909
down €359,909 (-69.3%), from €519,049 to €159,140
- Financial charges +€14,093
up €14,093 (+179.3%), from €7,859 to €21,953
- Taxes -€11,819
down €11,819 (-33.8%), from €35,000 to €23,181
- Staff costs +€9,166
up €9,166 (+37.5%), from €24,432 to €33,598
- Other operating charges -€8,175
down €8,175 (-48.5%), from €16,872 to €8,697
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,977,214 | €1,709,082 | -€268,132 | -13.6% |
| Fixed assets | 21/28 | €179,312 | €165,077 | -€14,235 | -7.9% |
| Tangible fixed assets | 22/27 | €177,381 | €163,146 | -€14,235 | -8.0% |
| Land and buildings | 22 | €154,177 | €148,529 | -€5,648 | -3.7% |
| Plant, machinery and equipment | 23 | €19,121 | €13,770 | -€5,351 | -28.0% |
| Furniture and vehicles | 24 | €4,083 | €846 | -€3,237 | -79.3% |
| Financial fixed assets | 28 | €1,931 | €1,931 | = | 0.0% |
| Current assets | 29/58 | €1,797,902 | €1,544,005 | -€253,897 | -14.1% |
| Amounts receivable within one year | 40/41 | €1,530,780 | €1,472,808 | -€57,972 | -3.8% |
| Trade receivables | 40 | €1,239,288 | €1,153,128 | -€86,161 | -7.0% |
| Other amounts receivable | 41 | €291,492 | €319,681 | +€28,189 | +9.7% |
| Cash at bank and in hand | 54/58 | €258,515 | €71,197 | -€187,318 | -72.5% |
| Deferred charges and accrued income | 490/1 | €8,607 | - | -€8,607 | |
| Total equity and liabilities | 10/49 | €1,977,214 | €1,709,082 | -€268,132 | -13.6% |
| Equity | 10/15 | €923,058 | €948,163 | +€25,106 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €109,619 | €109,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €107,759 | €107,759 | = | 0.0% |
| Profit (loss) carried forward | 14 | €794,839 | €819,944 | +€25,106 | +3.2% |
| Amounts payable | 17/49 | €1,054,157 | €760,919 | -€293,238 | -27.8% |
| Amounts payable after more than one year | 17 | €110,842 | €114,620 | +€3,778 | +3.4% |
| Financial debts | 170/4 | €110,842 | €114,620 | +€3,778 | +3.4% |
| Amounts payable within one year | 42/48 | €927,505 | €646,299 | -€281,206 | -30.3% |
| Current portion of amounts payable after more than one year | 42 | €43,991 | €0 | -€43,991 | -100.0% |
| Financial debts | 43 | €69,848 | €293,781 | +€223,933 | +320.6% |
| Credit institutions | 430/8 | €69,848 | €293,781 | +€223,933 | +320.6% |
| Trade debts | 44 | €659,004 | €203,990 | -€455,014 | -69.0% |
| Suppliers | 440/4 | €659,004 | €203,990 | -€455,014 | -69.0% |
| Taxes, remuneration and social security | 45 | €104,646 | €98,571 | -€6,075 | -5.8% |
| Taxes | 450/3 | €60,742 | €44,072 | -€16,670 | -27.4% |
| Remuneration and social security | 454/9 | €43,904 | €54,499 | +€10,595 | +24.1% |
| Other amounts payable | 47/48 | €50,017 | €49,958 | -€59 | -0.1% |
| Accrued charges and deferred income | 492/3 | €15,810 | - | -€15,810 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €24,432 | €33,598 | +€9,166 | +37.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,484 | €18,339 | +€1,855 | +11.3% |
| Other operating charges | 640/8 | €16,872 | €8,697 | -€8,175 | -48.5% |
| Non-recurring operating charges | 66A | - | €28,267 | +€28,267 | |
| Gross operating margin | 9900 | €519,049 | €159,140 | -€359,909 | -69.3% |
| Operating profit (loss) | 9901 | €461,261 | €70,239 | -€391,022 | -84.8% |
| Financial income | 75/76B | €0 | €0 | = | |
| Recurring financial income | 75 | €0 | €0 | = | |
| Financial charges | 65/66B | €7,859 | €21,953 | +€14,093 | +179.3% |
| Recurring financial charges | 65 | €7,859 | €21,953 | +€14,093 | +179.3% |
| Profit (loss) for the period before taxes | 9903 | €453,402 | €48,287 | -€405,115 | -89.4% |
| Income taxes | 67/77 | €35,000 | €23,181 | -€11,819 | -33.8% |
| Profit (loss) for the period | 9904 | €418,402 | €25,106 | -€393,296 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €418,402 | €25,106 | -€393,296 | -94.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.