CH&D SERVICES: 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&D SERVICES
Largest movements
- Stocks and contracts -€46,992
down €46,992 (-12.6%), from €372,407 to €325,415
of which Contracts in progress: -€47,000
- Receivables within one year -€26,321
down €26,321 (-96.3%), from €27,336 to €1,015
- Cash +€19,443
up €19,443 (+1773.3%), from €1,096 to €20,540
mainly Stocks and contracts (+€46,992) and Receivables within one year (+€26,321)
- Trade debts -€62,548
down €62,548 (-21.6%), from €289,125 to €226,578
- Reserves +€10,773
up €10,773 (+32.6%), from €33,089 to €43,862
of which Distributable reserves: +€10,773
- Current portion of long-term debt +€10,126
new in 2024: €10,126
- Accrued charges and deferred income -€8,000
down €8,000 (-55.2%), from €14,500 to €6,500
- Tax, wage and social debts -€4,542
down €4,542 (-12.5%), from €36,271 to €31,728
- Gross operating margin -€7,398
down €7,398 (-23.5%), from €31,492 to €24,094
- Other operating charges -€6,415
down €6,415 (-96.7%), from €6,632 to €216
- Taxes -€5,457
down €5,457 (-57.8%), from €9,442 to €3,985
- Financial charges -€4,039
down €4,039 (-59.5%), from €6,790 to €2,751
- Staff costs -€1,718
down €1,718 (-30.0%), from €5,721 to €4,003
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 | €405,541 | €352,808 | -€52,734 | -13.0% |
| Fixed assets | 21/28 | €4,702 | €5,838 | +€1,136 | +24.2% |
| Tangible fixed assets | 22/27 | €4,702 | €5,838 | +€1,136 | +24.2% |
| Plant, machinery and equipment | 23 | €3,730 | €5,327 | +€1,597 | +42.8% |
| Furniture and vehicles | 24 | €973 | €512 | -€461 | -47.4% |
| Current assets | 29/58 | €400,839 | €346,969 | -€53,870 | -13.4% |
| Stocks and contracts in progress | 3 | €372,407 | €325,415 | -€46,992 | -12.6% |
| Stocks | 30/36 | €407 | €415 | +€8 | +2.1% |
| Contracts in progress | 37 | €372,000 | €325,000 | -€47,000 | -12.6% |
| Amounts receivable within one year | 40/41 | €27,336 | €1,015 | -€26,321 | -96.3% |
| Other amounts receivable | 41 | €27,336 | €1,015 | -€26,321 | -96.3% |
| Cash at bank and in hand | 54/58 | €1,096 | €20,540 | +€19,443 | +1773.3% |
| Total equity and liabilities | 10/49 | €405,541 | €352,808 | -€52,734 | -13.0% |
| Equity | 10/15 | €59,638 | €70,411 | +€10,773 | +18.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €33,089 | €43,862 | +€10,773 | +32.6% |
| Non-distributable reserves | 130/1 | €900 | €900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €900 | €900 | = | 0.0% |
| Distributable reserves | 133 | €32,189 | €42,962 | +€10,773 | +33.5% |
| Profit (loss) carried forward | 14 | €16,549 | €16,549 | = | 0.0% |
| Amounts payable | 17/49 | €345,903 | €282,397 | -€63,507 | -18.4% |
| Amounts payable within one year | 42/48 | €331,403 | €275,897 | -€55,507 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | - | €10,126 | +€10,126 | |
| Financial debts | 43 | €1,250 | €1,250 | = | 0.0% |
| Credit institutions | 430/8 | €1,250 | €1,250 | = | 0.0% |
| Trade debts | 44 | €289,125 | €226,578 | -€62,548 | -21.6% |
| Suppliers | 440/4 | €289,125 | €226,578 | -€62,548 | -21.6% |
| Taxes, remuneration and social security | 45 | €36,271 | €31,728 | -€4,542 | -12.5% |
| Taxes | 450/3 | €36,271 | €31,728 | -€4,542 | -12.5% |
| Other amounts payable | 47/48 | €4,757 | €6,214 | +€1,457 | +30.6% |
| Accrued charges and deferred income | 492/3 | €14,500 | €6,500 | -€8,000 | -55.2% |
| Remuneration, social security and pensions | 62 | €5,721 | €4,003 | -€1,718 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,467 | €2,384 | -€82 | -3.3% |
| Other operating charges | 640/8 | €6,632 | €216 | -€6,415 | -96.7% |
| Gross operating margin | 9900 | €31,492 | €24,094 | -€7,398 | -23.5% |
| Operating profit (loss) | 9901 | €16,672 | €17,491 | +€819 | +4.9% |
| Financial income | 75/76B | €4 | €19 | +€15 | +346.9% |
| Recurring financial income | 75 | €4 | €19 | +€15 | +346.9% |
| Financial charges | 65/66B | €6,790 | €2,751 | -€4,039 | -59.5% |
| Recurring financial charges | 65 | €6,790 | €2,751 | -€4,039 | -59.5% |
| Profit (loss) for the period before taxes | 9903 | €9,886 | €14,759 | +€4,872 | +49.3% |
| Income taxes | 67/77 | €9,442 | €3,985 | -€5,457 | -57.8% |
| Profit (loss) for the period | 9904 | €444 | €10,773 | +€10,329 | +2327.8% |
| Profit (loss) for the period to be appropriated | 9905 | €444 | €10,773 | +€10,329 | +2327.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.