CH Partners: 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 Partners
Largest movements
- Cash +€40,130
up €40,130 (+162.2%), from €24,733 to €64,863
mainly Net result for the year (+€56,793) and Receivables within one year (+€7,723)
- Receivables within one year -€7,723
down €7,723 (-8.2%), from €94,276 to €86,553
of which Trade receivables: -€48,025
- Formation expenses -€2,275
no longer reported in 2025 (was €2,275)
- Profit (loss) carried forward +€56,793
up €56,793 (+93.8%), from €60,576 to €117,369
- Trade debts -€16,614
down €16,614 (-91.8%), from €18,101 to €1,487
- Tax, wage and social debts -€13,414
down €13,414 (-33.5%), from €40,042 to €26,629
- Current portion of long-term debt +€3,364
new in 2025: €3,364
- Depreciation +€1,817
up €1,817 (+396.8%), from €458 to €2,275
- Gross operating margin -€1,598
down €1,598 (-2.1%), from €77,196 to €75,598
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 | €121,284 | €151,416 | +€30,132 | +24.8% |
| Formation expenses | 20 | €2,275 | - | -€2,275 | |
| Current assets | 29/58 | €119,010 | €151,416 | +€32,407 | +27.2% |
| Amounts receivable within one year | 40/41 | €94,276 | €86,553 | -€7,723 | -8.2% |
| Trade receivables | 40 | €93,400 | €45,375 | -€48,025 | -51.4% |
| Other amounts receivable | 41 | €876 | €41,178 | +€40,302 | +4599.7% |
| Cash at bank and in hand | 54/58 | €24,733 | €64,863 | +€40,130 | +162.2% |
| Total equity and liabilities | 10/49 | €121,284 | €151,416 | +€30,132 | +24.8% |
| Equity | 10/15 | €63,076 | €119,869 | +€56,793 | +90.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,576 | €117,369 | +€56,793 | +93.8% |
| Amounts payable | 17/49 | €58,209 | €31,547 | -€26,661 | -45.8% |
| Amounts payable within one year | 42/48 | €58,143 | €31,480 | -€26,663 | -45.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,364 | +€3,364 | |
| Trade debts | 44 | €18,101 | €1,487 | -€16,614 | -91.8% |
| Suppliers | 440/4 | €18,101 | €1,487 | -€16,614 | -91.8% |
| Taxes, remuneration and social security | 45 | €40,042 | €26,629 | -€13,414 | -33.5% |
| Taxes | 450/3 | €40,042 | €26,629 | -€13,414 | -33.5% |
| Accrued charges and deferred income | 492/3 | €66 | €67 | +€1 | +2.0% |
| Non-recurring operating income | 76A | €131 | €523 | +€392 | +300.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €458 | €2,275 | +€1,817 | +396.8% |
| Other operating charges | 640/8 | €868 | €467 | -€402 | -46.2% |
| Gross operating margin | 9900 | €77,196 | €75,598 | -€1,598 | -2.1% |
| Operating profit (loss) | 9901 | €75,870 | €72,857 | -€3,013 | -4.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €7 | €180 | +€173 | +2576.5% |
| Recurring financial charges | 65 | €7 | €180 | +€173 | +2576.5% |
| Profit (loss) for the period before taxes | 9903 | €75,863 | €72,677 | -€3,187 | -4.2% |
| Income taxes | 67/77 | €15,288 | €15,883 | +€595 | +3.9% |
| Profit (loss) for the period | 9904 | €60,576 | €56,793 | -€3,782 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,576 | €56,793 | -€3,782 | -6.2% |
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 6 October 2026 via checked.be.