C.L.H.: 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.L.H.
Largest movements
- Tangible fixed assets -€1,240
no longer reported in 2025 (was €1,240)
- Cash -€1,124
down €1,124 (-76.9%), from €1,461 to €337
mainly Net result for the year (-€1,648) and Receivables within one year (-€958)
- Receivables within one year +€958
up €958 (+3.5%), from €27,095 to €28,053
of which Trade receivables: +€746
- Profit (loss) carried forward -€1,648
down €1,648 (-23.7%), from €6,945 to €5,297
- Gross operating margin +€12,228
up €12,228, from -€5,474 to €6,755
- Financial charges +€6,135
up €6,135 (+3,503%), from €175 to €6,310
of which Non-recurring financial charges: +€6,127
- Other operating charges +€244
up €244 (+40.2%), from €608 to €853
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 | €29,795 | €28,389 | -€1,406 | -4.7% |
| Fixed assets | 21/28 | €1,240 | - | -€1,240 | |
| Tangible fixed assets | 22/27 | €1,240 | - | -€1,240 | |
| Furniture and vehicles | 24 | €1,240 | - | -€1,240 | |
| Current assets | 29/58 | €28,556 | €28,389 | -€166 | -0.6% |
| Amounts receivable within one year | 40/41 | €27,095 | €28,053 | +€958 | +3.5% |
| Trade receivables | 40 | €11,158 | €11,904 | +€746 | +6.7% |
| Other amounts receivable | 41 | €15,936 | €16,148 | +€212 | +1.3% |
| Cash at bank and in hand | 54/58 | €1,461 | €337 | -€1,124 | -76.9% |
| Total equity and liabilities | 10/49 | €29,795 | €28,389 | -€1,406 | -4.7% |
| Equity | 10/15 | €15,005 | €13,357 | -€1,648 | -11.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €6,945 | €5,297 | -€1,648 | -23.7% |
| Amounts payable | 17/49 | €14,791 | €15,032 | +€241 | +1.6% |
| Amounts payable within one year | 42/48 | €14,791 | €15,032 | +€241 | +1.6% |
| Trade debts | 44 | €14,057 | €14,299 | +€241 | +1.7% |
| Suppliers | 440/4 | €14,057 | €14,299 | +€241 | +1.7% |
| Taxes, remuneration and social security | 45 | €733 | €733 | = | 0.0% |
| Taxes | 450/3 | €733 | €733 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,240 | €1,240 | = | 0.0% |
| Other operating charges | 640/8 | €608 | €853 | +€244 | +40.2% |
| Gross operating margin | 9900 | -€5,474 | €6,755 | +€12,228 | |
| Operating profit (loss) | 9901 | -€7,322 | €4,662 | +€11,984 | |
| Financial charges | 65/66B | €175 | €6,310 | +€6,135 | +3,503% |
| Recurring financial charges | 65 | €175 | €183 | +€8 | +4.5% |
| Non-recurring financial charges | 66B | - | €6,127 | +€6,127 | |
| Profit (loss) for the period before taxes | 9903 | -€7,497 | -€1,648 | +€5,849 | +78.0% |
| Profit (loss) for the period | 9904 | -€7,497 | -€1,648 | +€5,849 | +78.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,497 | -€1,648 | +€5,849 | +78.0% |
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 28 October 2026 via checked.be.