CHC: 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.
CHC
Largest movements
- Receivables within one year +€222,441
up €222,441 (+78.3%), from €284,094 to €506,535
of which Other amounts receivable: +€251,356
- Cash -€91,856
down €91,856 (-47.8%), from €192,174 to €100,318
mainly Receivables within one year (-€222,441) and Contributions, distributions and other (-€185,403)
- Other debts +€129,050
up €129,050 (+229%), from €56,353 to €185,403
- Financial income -€174,008
down €174,008 (-52.3%), from €332,569 to €158,561
of which Financial income: -€90,968
- Taxes -€45,447
no longer reported in 2025 (was €45,447)
- Staff costs -€29,682
no longer reported in 2025 (was €29,682)
- Gross operating margin -€28,474
down €28,474 (-48.4%), from €58,836 to €30,362
- Other operating charges -€25,802
down €25,802 (-95.4%), from €27,042 to €1,240
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 | €479,550 | €608,560 | +€129,010 | +26.9% |
| Fixed assets | 21/28 | €3,282 | €1,707 | -€1,575 | -48.0% |
| Tangible fixed assets | 22/27 | - | €1,706 | +€1,706 | |
| Plant, machinery and equipment | 23 | - | €1,706 | +€1,706 | |
| Financial fixed assets | 28 | €3,282 | €1 | -€3,281 | -100.0% |
| Current assets | 29/58 | €476,268 | €606,853 | +€130,585 | +27.4% |
| Amounts receivable within one year | 40/41 | €284,094 | €506,535 | +€222,441 | +78.3% |
| Trade receivables | 40 | €66,388 | €37,473 | -€28,915 | -43.6% |
| Other amounts receivable | 41 | €217,706 | €469,062 | +€251,356 | +115% |
| Cash at bank and in hand | 54/58 | €192,174 | €100,318 | -€91,856 | -47.8% |
| Total equity and liabilities | 10/49 | €479,550 | €608,560 | +€129,010 | +26.9% |
| Equity | 10/15 | €377,750 | €377,750 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €367,748 | €367,748 | = | 0.0% |
| Distributable reserves | 133 | €367,748 | €367,748 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2 | €2 | = | 0.0% |
| Amounts payable | 17/49 | €101,800 | €230,810 | +€129,010 | +127% |
| Amounts payable within one year | 42/48 | €101,800 | €230,810 | +€129,010 | +127% |
| Trade debts | 44 | - | €475 | +€475 | |
| Suppliers | 440/4 | - | €475 | +€475 | |
| Taxes, remuneration and social security | 45 | €45,447 | €44,932 | -€515 | -1.1% |
| Taxes | 450/3 | €45,447 | €44,932 | -€515 | -1.1% |
| Other amounts payable | 47/48 | €56,353 | €185,403 | +€129,050 | +229% |
| Remuneration, social security and pensions | 62 | €29,682 | - | -€29,682 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €277 | +€277 | |
| Other operating charges | 640/8 | €27,042 | €1,240 | -€25,802 | -95.4% |
| Gross operating margin | 9900 | €58,836 | €30,362 | -€28,474 | -48.4% |
| Operating profit (loss) | 9901 | €2,112 | €28,845 | +€26,733 | +1,266% |
| Financial income | 75/76B | €332,569 | €158,561 | -€174,008 | -52.3% |
| Recurring financial income | 75 | €249,529 | €158,561 | -€90,968 | -36.5% |
| Non-recurring financial income | 76B | €83,040 | - | -€83,040 | |
| Financial charges | 65/66B | €265 | €2,003 | +€1,738 | +656% |
| Recurring financial charges | 65 | €265 | €2,003 | +€1,738 | +656% |
| Profit (loss) for the period before taxes | 9903 | €334,416 | €185,403 | -€149,013 | -44.6% |
| Income taxes | 67/77 | €45,447 | - | -€45,447 | |
| Profit (loss) for the period | 9904 | €288,969 | €185,403 | -€103,566 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €288,969 | €185,403 | -€103,566 | -35.8% |
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 13 October 2026 via checked.be.