CH&KLIST: 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&KLIST
Largest movements
- Tangible fixed assets -€47,192
down €47,192 (-7.0%), from €678,749 to €631,557
of which Land and buildings: -€24,331
- Receivables within one year +€28,949
up €28,949 (+106.3%), from €27,243 to €56,191
of which Other amounts receivable: +€28,231
- Debts after one year -€28,385
down €28,385 (-12.7%), from €224,167 to €195,782
of which Financial debts: -€36,351
- Reserves +€8,036
up €8,036 (+2.3%), from €349,662 to €357,698
of which Tax-exempt reserves: +€25,260
- Gross operating margin -€53,860
down €53,860 (-30.0%), from €179,615 to €125,755
- Taxes -€10,924
down €10,924 (-37.9%), from €28,820 to €17,896
- Other operating charges -€6,002
down €6,002 (-54.6%), from €10,990 to €4,987
- Depreciation -€4,760
down €4,760 (-9.2%), from €51,952 to €47,192
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 | €726,000 | €707,148 | -€18,852 | -2.6% |
| Fixed assets | 21/28 | €678,749 | €631,557 | -€47,192 | -7.0% |
| Tangible fixed assets | 22/27 | €678,749 | €631,557 | -€47,192 | -7.0% |
| Land and buildings | 22 | €604,046 | €579,715 | -€24,331 | -4.0% |
| Furniture and vehicles | 24 | €74,703 | €51,841 | -€22,862 | -30.6% |
| Current assets | 29/58 | €47,250 | €75,591 | +€28,341 | +60.0% |
| Amounts receivable within one year | 40/41 | €27,243 | €56,191 | +€28,949 | +106.3% |
| Trade receivables | 40 | €24,892 | €25,609 | +€717 | +2.9% |
| Other amounts receivable | 41 | €2,351 | €30,583 | +€28,231 | +1200.7% |
| Cash at bank and in hand | 54/58 | €19,505 | €18,815 | -€690 | -3.5% |
| Deferred charges and accrued income | 490/1 | €502 | €585 | +€83 | +16.4% |
| Total equity and liabilities | 10/49 | €726,000 | €707,148 | -€18,852 | -2.6% |
| Equity | 10/15 | €434,727 | €442,763 | +€8,036 | +1.8% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €349,662 | €357,698 | +€8,036 | +2.3% |
| Tax-exempt reserves | 132 | €149,455 | €174,715 | +€25,260 | +16.9% |
| Distributable reserves | 133 | €200,207 | €182,983 | -€17,224 | -8.6% |
| Profit (loss) carried forward | 14 | €65 | €65 | = | 0.0% |
| Amounts payable | 17/49 | €291,272 | €264,384 | -€26,888 | -9.2% |
| Amounts payable after more than one year | 17 | €224,167 | €195,782 | -€28,385 | -12.7% |
| Financial debts | 170/4 | €169,421 | €133,070 | -€36,351 | -21.5% |
| Other amounts payable | 178/9 | €54,746 | €62,712 | +€7,966 | +14.6% |
| Amounts payable within one year | 42/48 | €67,105 | €68,603 | +€1,497 | +2.2% |
| Current portion of amounts payable after more than one year | 42 | €36,014 | €36,351 | +€337 | +0.9% |
| Trade debts | 44 | €1,752 | €8,544 | +€6,792 | +387.8% |
| Suppliers | 440/4 | €1,752 | €8,544 | +€6,792 | +387.8% |
| Taxes, remuneration and social security | 45 | €15,435 | €8,351 | -€7,083 | -45.9% |
| Taxes | 450/3 | €15,435 | €8,351 | -€7,083 | -45.9% |
| Other amounts payable | 47/48 | €13,905 | €15,357 | +€1,452 | +10.4% |
| Non-recurring operating income | 76A | €2,755 | - | -€2,755 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,952 | €47,192 | -€4,760 | -9.2% |
| Other operating charges | 640/8 | €10,990 | €4,987 | -€6,002 | -54.6% |
| Gross operating margin | 9900 | €179,615 | €125,755 | -€53,860 | -30.0% |
| Operating profit (loss) | 9901 | €116,673 | €73,575 | -€43,098 | -36.9% |
| Financial income | 75/76B | €2,485 | €1,070 | -€1,415 | -56.9% |
| Recurring financial income | 75 | €2,485 | €1,070 | -€1,415 | -56.9% |
| Financial charges | 65/66B | €7,491 | €6,697 | -€794 | -10.6% |
| Recurring financial charges | 65 | €7,491 | €6,697 | -€794 | -10.6% |
| Profit (loss) for the period before taxes | 9903 | €111,666 | €67,947 | -€43,719 | -39.2% |
| Income taxes | 67/77 | €28,820 | €17,896 | -€10,924 | -37.9% |
| Profit (loss) for the period | 9904 | €82,846 | €50,051 | -€32,795 | -39.6% |
| Transfer to tax-exempt reserves | 689 | €52,625 | €25,260 | -€27,365 | -52.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,221 | €24,791 | -€5,430 | -18.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.