C.H.S.: 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.S.
Largest movements
- Receivables within one year -€20,375
down €20,375 (-95.5%), from €21,333 to €957
of which Trade receivables: -€21,333
- Stocks and contracts +€10,550
up €10,550 (+25.2%), from €41,886 to €52,436
- Cash -€782
down €782 (-44.2%), from €1,770 to €988
mainly Stocks and contracts (-€10,550) and Accrued charges and deferred income (-€5,895)
- Accrued charges and deferred income -€5,895
no longer reported in 2025 (was €5,895)
- Tax, wage and social debts -€3,307
down €3,307 (-28.0%), from €11,815 to €8,508
- Trade debts -€1,176
down €1,176 (-8.3%), from €14,107 to €12,931
- Profit (loss) carried forward -€1,017
down €1,017 (-3.1%), from €32,350 to €31,333
- Other debts +€788
up €788 (+246%), from €320 to €1,108
- Gross operating margin -€38,030
down €38,030 (-96.5%), from €39,420 to €1,390
- Taxes -€7,877
no longer reported in 2025 (was €7,877)
- Other operating charges +€1,848
up €1,848 (+1,566%), from €118 to €1,966
- Financial charges +€441
new in 2025: €441
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 | €64,988 | €54,381 | -€10,607 | -16.3% |
| Current assets | 29/58 | €64,988 | €54,381 | -€10,607 | -16.3% |
| Stocks and contracts in progress | 3 | €41,886 | €52,436 | +€10,550 | +25.2% |
| Stocks | 30/36 | €41,886 | €52,436 | +€10,550 | +25.2% |
| Amounts receivable within one year | 40/41 | €21,333 | €957 | -€20,375 | -95.5% |
| Trade receivables | 40 | €21,333 | - | -€21,333 | |
| Other amounts receivable | 41 | - | €957 | +€957 | |
| Cash at bank and in hand | 54/58 | €1,770 | €988 | -€782 | -44.2% |
| Total equity and liabilities | 10/49 | €64,988 | €54,381 | -€10,607 | -16.3% |
| Equity | 10/15 | €32,850 | €31,833 | -€1,017 | -3.1% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,350 | €31,333 | -€1,017 | -3.1% |
| Amounts payable | 17/49 | €32,138 | €22,548 | -€9,590 | -29.8% |
| Amounts payable within one year | 42/48 | €26,243 | €22,548 | -€3,695 | -14.1% |
| Trade debts | 44 | €14,107 | €12,931 | -€1,176 | -8.3% |
| Suppliers | 440/4 | €14,107 | €12,931 | -€1,176 | -8.3% |
| Taxes, remuneration and social security | 45 | €11,815 | €8,508 | -€3,307 | -28.0% |
| Taxes | 450/3 | €11,815 | €8,508 | -€3,307 | -28.0% |
| Other amounts payable | 47/48 | €320 | €1,108 | +€788 | +246% |
| Accrued charges and deferred income | 492/3 | €5,895 | - | -€5,895 | |
| Other operating charges | 640/8 | €118 | €1,966 | +€1,848 | +1,566% |
| Gross operating margin | 9900 | €39,420 | €1,390 | -€38,030 | -96.5% |
| Operating profit (loss) | 9901 | €39,302 | -€576 | -€39,878 | |
| Financial charges | 65/66B | - | €441 | +€441 | |
| Recurring financial charges | 65 | - | €441 | +€441 | |
| Profit (loss) for the period before taxes | 9903 | €39,302 | -€1,017 | -€40,319 | |
| Income taxes | 67/77 | €7,877 | - | -€7,877 | |
| Profit (loss) for the period | 9904 | €31,425 | -€1,017 | -€32,442 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,425 | -€1,017 | -€32,442 |
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 20 October 2026 via checked.be.