CHC - MANAGEMENT: 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 - MANAGEMENT
Largest movements
- Tangible fixed assets -€14,791
down €14,791 (-67.6%), from €21,869 to €7,077
- Cash +€2,193
up €2,193 (+61.3%), from €3,580 to €5,774
mainly Depreciation (+€14,791) and Tax, wage and social debts (+€3,244)
- Deferred charges and accrued income -€1,715
no longer reported in 2025 (was €1,715)
- Current portion of long-term debt -€10,847
no longer reported in 2025 (was €10,847)
- Profit (loss) carried forward -€5,679
down €5,679, from €740 to -€4,939
- Tax, wage and social debts +€3,244
up €3,244 (+32.2%), from €10,086 to €13,330
of which Taxes: +€5,244
- Trade debts -€1,031
down €1,031 (-69.1%), from €1,491 to €460
- Gross operating margin +€21,906
up €21,906, from -€11,986 to €9,920
- Depreciation -€2,193
down €2,193 (-12.9%), from €16,984 to €14,791
- Financial charges -€153
down €153 (-50.9%), from €301 to €148
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 | €27,164 | €12,851 | -€14,313 | -52.7% |
| Fixed assets | 21/28 | €21,869 | €7,077 | -€14,791 | -67.6% |
| Tangible fixed assets | 22/27 | €21,869 | €7,077 | -€14,791 | -67.6% |
| Furniture and vehicles | 24 | €21,869 | €7,077 | -€14,791 | -67.6% |
| Current assets | 29/58 | €5,296 | €5,774 | +€478 | +9.0% |
| Cash at bank and in hand | 54/58 | €3,580 | €5,774 | +€2,193 | +61.3% |
| Deferred charges and accrued income | 490/1 | €1,715 | - | -€1,715 | |
| Total equity and liabilities | 10/49 | €27,164 | €12,851 | -€14,313 | -52.7% |
| Equity | 10/15 | €4,740 | -€939 | -€5,679 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €740 | -€4,939 | -€5,679 | |
| Amounts payable | 17/49 | €22,424 | €13,791 | -€8,633 | -38.5% |
| Amounts payable within one year | 42/48 | €22,424 | €13,791 | -€8,633 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €10,847 | - | -€10,847 | |
| Trade debts | 44 | €1,491 | €460 | -€1,031 | -69.1% |
| Suppliers | 440/4 | €1,491 | €460 | -€1,031 | -69.1% |
| Taxes, remuneration and social security | 45 | €10,086 | €13,330 | +€3,244 | +32.2% |
| Taxes | 450/3 | €8,086 | €13,330 | +€5,244 | +64.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,984 | €14,791 | -€2,193 | -12.9% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€11,986 | €9,920 | +€21,906 | |
| Operating profit (loss) | 9901 | -€29,476 | -€5,391 | +€24,085 | +81.7% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €301 | €148 | -€153 | -50.9% |
| Recurring financial charges | 65 | €301 | €148 | -€153 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,777 | -€5,539 | +€24,238 | +81.4% |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | -€29,916 | -€5,679 | +€24,237 | +81.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€29,916 | -€5,679 | +€24,237 | +81.0% |
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 24 October 2026 via checked.be.