CH GROUP SERVICES: 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.
CH GROUP SERVICES
Largest movements
- Receivables within one year -€51,509
down €51,509 (-29.7%), from €173,574 to €122,065
of which Trade receivables: -€57,056
- Tangible fixed assets +€19,027
up €19,027 (+22.0%), from €86,604 to €105,630
of which Furniture and vehicles: +€19,524
- Cash +€17,171
up €17,171 (+19.4%), from €88,547 to €105,718
mainly Net result for the year (+€77,938) and Other debts (+€72,211)
- Deferred charges and accrued income -€9,949
down €9,949 (-51.9%), from €19,177 to €9,228
- Other debts +€72,211
up €72,211 (+108%), from €66,927 to €139,138
- Trade debts -€52,627
down €52,627 (-57.4%), from €91,623 to €38,996
- Profit (loss) carried forward -€39,415
down €39,415 (-100%), from €39,415 to €0
- Tax, wage and social debts -€11,828
down €11,828 (-47.0%), from €25,177 to €13,349
of which Taxes: -€10,998
- Current portion of long-term debt +€5,245
up €5,245 (+26.1%), from €20,084 to €25,329
- Gross operating margin +€13,715
up €13,715 (+6.5%), from €211,957 to €225,672
- Staff costs +€7,870
up €7,870 (+9.3%), from €84,306 to €92,176
- Depreciation +€4,963
up €4,963 (+17.8%), from €27,922 to €32,885
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 | €374,947 | €348,285 | -€26,661 | -7.1% |
| Fixed assets | 21/28 | €93,648 | €111,275 | +€17,627 | +18.8% |
| Intangible fixed assets | 21 | €5,297 | €3,897 | -€1,400 | -26.4% |
| Tangible fixed assets | 22/27 | €86,604 | €105,630 | +€19,027 | +22.0% |
| Plant, machinery and equipment | 23 | €9,861 | €7,024 | -€2,838 | -28.8% |
| Furniture and vehicles | 24 | €76,743 | €96,266 | +€19,524 | +25.4% |
| Other tangible fixed assets | 26 | - | €2,340 | +€2,340 | |
| Financial fixed assets | 28 | €1,747 | €1,747 | = | 0.0% |
| Current assets | 29/58 | €281,299 | €237,011 | -€44,288 | -15.7% |
| Amounts receivable within one year | 40/41 | €173,574 | €122,065 | -€51,509 | -29.7% |
| Trade receivables | 40 | €165,710 | €108,655 | -€57,056 | -34.4% |
| Other amounts receivable | 41 | €7,864 | €13,410 | +€5,546 | +70.5% |
| Cash at bank and in hand | 54/58 | €88,547 | €105,718 | +€17,171 | +19.4% |
| Deferred charges and accrued income | 490/1 | €19,177 | €9,228 | -€9,949 | -51.9% |
| Total equity and liabilities | 10/49 | €374,947 | €348,285 | -€26,661 | -7.1% |
| Equity | 10/15 | €126,975 | €86,790 | -€40,185 | -31.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,960 | €68,190 | -€770 | -1.1% |
| Distributable reserves | 133 | €68,960 | €68,190 | -€770 | -1.1% |
| Profit (loss) carried forward | 14 | €39,415 | €0 | -€39,415 | -100% |
| Amounts payable | 17/49 | €247,972 | €261,495 | +€13,524 | +5.5% |
| Amounts payable after more than one year | 17 | €44,160 | €42,727 | -€1,433 | -3.2% |
| Financial debts | 170/4 | €44,160 | €42,727 | -€1,433 | -3.2% |
| Amounts payable within one year | 42/48 | €203,811 | €216,812 | +€13,001 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €20,084 | €25,329 | +€5,245 | +26.1% |
| Trade debts | 44 | €91,623 | €38,996 | -€52,627 | -57.4% |
| Suppliers | 440/4 | €91,623 | €38,996 | -€52,627 | -57.4% |
| Taxes, remuneration and social security | 45 | €25,177 | €13,349 | -€11,828 | -47.0% |
| Taxes | 450/3 | €16,109 | €5,111 | -€10,998 | -68.3% |
| Remuneration and social security | 454/9 | €9,068 | €8,238 | -€829 | -9.1% |
| Other amounts payable | 47/48 | €66,927 | €139,138 | +€72,211 | +108% |
| Accrued charges and deferred income | 492/3 | €0 | €1,956 | +€1,956 | |
| Remuneration, social security and pensions | 62 | €84,306 | €92,176 | +€7,870 | +9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,922 | €32,885 | +€4,963 | +17.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €277 | +€277 | |
| Other operating charges | 640/8 | €664 | €1,322 | +€658 | +99.2% |
| Gross operating margin | 9900 | €211,957 | €225,672 | +€13,715 | +6.5% |
| Operating profit (loss) | 9901 | €99,065 | €99,012 | -€54 | -0.1% |
| Financial income | 75/76B | €340 | €170 | -€170 | -49.9% |
| Recurring financial income | 75 | €340 | €170 | -€170 | -49.9% |
| Financial charges | 65/66B | €2,854 | €4,277 | +€1,423 | +49.9% |
| Recurring financial charges | 65 | €2,854 | €4,277 | +€1,423 | +49.9% |
| Profit (loss) for the period before taxes | 9903 | €96,551 | €94,905 | -€1,646 | -1.7% |
| Income taxes | 67/77 | €17,136 | €16,967 | -€169 | -1.0% |
| Profit (loss) for the period | 9904 | €79,415 | €77,938 | -€1,477 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €79,415 | €77,938 | -€1,477 | -1.9% |
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 18 October 2026 via checked.be.