CH CORP: what changed
Two fiscal 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.
CH CORP
Largest movements
- Tangible fixed assets -€19,512
down €19,512 (-14.1%), from €138,441 to €118,929
of which Other tangible fixed assets: -€13,144
- Deferred charges and accrued income +€14,711
up €14,711 (+166.4%), from €8,838 to €23,549
- Cash -€13,866
down €13,866 (-29.8%), from €46,482 to €32,616
mainly Debts after one year (-€45,258) and Deferred charges and accrued income (-€14,711)
- Receivables within one year -€6,955
down €6,955 (-69.3%), from €10,041 to €3,086
of which Trade receivables: -€6,003
- Intangible fixed assets -€2,998
down €2,998 (-14.0%), from €21,477 to €18,478
- Debts after one year -€45,258
down €45,258 (-36.8%), from €123,044 to €77,785
- Trade debts +€23,827
up €23,827 (+21.3%), from €112,063 to €135,890
- Tax, wage and social debts -€12,876
down €12,876 (-28.0%), from €46,053 to €33,177
of which Taxes: -€8,092
- Profit (loss) carried forward +€7,174
up €7,174 (+15.1%), from -€47,585 to -€40,411
- Gross operating margin -€47,388
down €47,388 (-14.9%), from €317,849 to €270,461
- Staff costs +€17,131
up €17,131 (+8.2%), from €208,755 to €225,885
- Depreciation -€3,271
down €3,271 (-11.5%), from €28,321 to €25,050
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 | €238,575 | €211,441 | -€27,134 | -11.4% |
| Fixed assets | 21/28 | €159,918 | €137,407 | -€22,510 | -14.1% |
| Intangible fixed assets | 21 | €21,477 | €18,478 | -€2,998 | -14.0% |
| Tangible fixed assets | 22/27 | €138,441 | €118,929 | -€19,512 | -14.1% |
| Furniture and vehicles | 24 | €31,117 | €24,749 | -€6,368 | -20.5% |
| Other tangible fixed assets | 26 | €107,324 | €94,180 | -€13,144 | -12.2% |
| Current assets | 29/58 | €78,657 | €74,034 | -€4,623 | -5.9% |
| Stocks and contracts in progress | 3 | €13,296 | €14,783 | +€1,487 | +11.2% |
| Stocks | 30/36 | €13,296 | €14,783 | +€1,487 | +11.2% |
| Amounts receivable within one year | 40/41 | €10,041 | €3,086 | -€6,955 | -69.3% |
| Trade receivables | 40 | €7,991 | €1,988 | -€6,003 | -75.1% |
| Other amounts receivable | 41 | €2,050 | €1,098 | -€952 | -46.4% |
| Cash at bank and in hand | 54/58 | €46,482 | €32,616 | -€13,866 | -29.8% |
| Deferred charges and accrued income | 490/1 | €8,838 | €23,549 | +€14,711 | +166.4% |
| Total equity and liabilities | 10/49 | €238,575 | €211,441 | -€27,134 | -11.4% |
| Equity | 10/15 | -€42,585 | -€35,411 | +€7,174 | +16.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€47,585 | -€40,411 | +€7,174 | +15.1% |
| Amounts payable | 17/49 | €281,160 | €246,852 | -€34,308 | -12.2% |
| Amounts payable after more than one year | 17 | €123,044 | €77,785 | -€45,258 | -36.8% |
| Other amounts payable | 178/9 | €123,044 | €77,785 | -€45,258 | -36.8% |
| Amounts payable within one year | 42/48 | €158,116 | €169,067 | +€10,951 | +6.9% |
| Trade debts | 44 | €112,063 | €135,890 | +€23,827 | +21.3% |
| Suppliers | 440/4 | €112,063 | €135,890 | +€23,827 | +21.3% |
| Taxes, remuneration and social security | 45 | €46,053 | €33,177 | -€12,876 | -28.0% |
| Taxes | 450/3 | €13,188 | €5,097 | -€8,092 | -61.4% |
| Remuneration and social security | 454/9 | €32,865 | €28,080 | -€4,785 | -14.6% |
| Remuneration, social security and pensions | 62 | €208,755 | €225,885 | +€17,131 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,321 | €25,050 | -€3,271 | -11.5% |
| Other operating charges | 640/8 | €6,013 | €6,461 | +€448 | +7.4% |
| Gross operating margin | 9900 | €317,849 | €270,461 | -€47,388 | -14.9% |
| Operating profit (loss) | 9901 | €74,759 | €13,064 | -€61,695 | -82.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,445 | €5,890 | -€555 | -8.6% |
| Recurring financial charges | 65 | €6,445 | €5,890 | -€555 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | €68,315 | €7,174 | -€61,141 | -89.5% |
| Profit (loss) for the period | 9904 | €68,315 | €7,174 | -€61,141 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,315 | €7,174 | -€61,141 | -89.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.