CHenST: 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.
CHenST
Largest movements
- Receivables within one year +€20,343
up €20,343 (+23.4%), from €86,934 to €107,278
of which Other amounts receivable: +€26,440
- Tangible fixed assets -€14,220
down €14,220 (-3.6%), from €394,148 to €379,928
of which Land and buildings: -€8,670
- Cash -€8,781
down €8,781 (-85.1%), from €10,320 to €1,538
mainly Contributions, distributions and other (-€45,173) and Receivables within one year (-€20,343)
- Debts after one year -€19,240
down €19,240 (-7.0%), from €274,325 to €255,086
- Short-term financial debts -€18,647
down €18,647 (-74.6%), from €25,000 to €6,353
- Reserves +€13,028
up €13,028 (+6.4%), from €202,129 to €215,157
- Trade debts +€12,098
up €12,098 (+2846.5%), from €425 to €12,523
- Tax, wage and social debts +€8,714
up €8,714 (+119.1%), from €7,316 to €16,030
- Gross operating margin +€20,121
up €20,121 (+20.8%), from €96,628 to €116,749
- Taxes +€6,892
up €6,892 (+36.7%), from €18,800 to €25,692
- Financial income +€4,402
up €4,402 (+187.3%), from €2,351 to €6,753
- Other operating charges -€3,366
down €3,366 (-27.5%), from €12,246 to €8,880
- Depreciation +€2,428
up €2,428 (+16.3%), from €14,940 to €17,368
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €530,166 | €526,633 | -€3,533 | -0.7% |
| Fixed assets | 21/28 | €394,148 | €379,928 | -€14,220 | -3.6% |
| Tangible fixed assets | 22/27 | €394,148 | €379,928 | -€14,220 | -3.6% |
| Land and buildings | 22 | €350,883 | €342,213 | -€8,670 | -2.5% |
| Plant, machinery and equipment | 23 | €3,461 | €2,981 | -€480 | -13.9% |
| Furniture and vehicles | 24 | €5,794 | €4,587 | -€1,207 | -20.8% |
| Other tangible fixed assets | 26 | €34,011 | €30,148 | -€3,863 | -11.4% |
| Current assets | 29/58 | €136,017 | €146,705 | +€10,687 | +7.9% |
| Amounts receivable within one year | 40/41 | €86,934 | €107,278 | +€20,343 | +23.4% |
| Trade receivables | 40 | €30,306 | €24,209 | -€6,097 | -20.1% |
| Other amounts receivable | 41 | €56,629 | €83,069 | +€26,440 | +46.7% |
| Current investments | 50/53 | €4,412 | €5,671 | +€1,259 | +28.5% |
| Cash at bank and in hand | 54/58 | €10,320 | €1,538 | -€8,781 | -85.1% |
| Deferred charges and accrued income | 490/1 | €34,352 | €32,217 | -€2,134 | -6.2% |
| Total equity and liabilities | 10/49 | €530,166 | €526,633 | -€3,533 | -0.7% |
| Equity | 10/15 | €202,379 | €215,407 | +€13,028 | +6.4% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | €202,129 | €215,157 | +€13,028 | +6.4% |
| Distributable reserves | 133 | €202,129 | €215,157 | +€13,028 | +6.4% |
| Amounts payable | 17/49 | €327,786 | €311,225 | -€16,561 | -5.1% |
| Amounts payable after more than one year | 17 | €274,325 | €255,086 | -€19,240 | -7.0% |
| Financial debts | 170/4 | €274,325 | €255,086 | -€19,240 | -7.0% |
| Amounts payable within one year | 42/48 | €52,761 | €55,481 | +€2,719 | +5.2% |
| Current portion of amounts payable after more than one year | 42 | €20,021 | €20,574 | +€553 | +2.8% |
| Financial debts | 43 | €25,000 | €6,353 | -€18,647 | -74.6% |
| Credit institutions | 430/8 | €25,000 | €6,353 | -€18,647 | -74.6% |
| Trade debts | 44 | €425 | €12,523 | +€12,098 | +2846.5% |
| Suppliers | 440/4 | €425 | €12,523 | +€12,098 | +2846.5% |
| Taxes, remuneration and social security | 45 | €7,316 | €16,030 | +€8,714 | +119.1% |
| Taxes | 450/3 | €7,316 | €16,030 | +€8,714 | +119.1% |
| Accrued charges and deferred income | 492/3 | €700 | €659 | -€41 | -5.8% |
| Non-recurring operating income | 76A | - | €4,509 | +€4,509 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,940 | €17,368 | +€2,428 | +16.3% |
| Other operating charges | 640/8 | €12,246 | €8,880 | -€3,366 | -27.5% |
| Gross operating margin | 9900 | €96,628 | €116,749 | +€20,121 | +20.8% |
| Operating profit (loss) | 9901 | €69,442 | €90,501 | +€21,059 | +30.3% |
| Financial income | 75/76B | €2,351 | €6,753 | +€4,402 | +187.3% |
| Recurring financial income | 75 | €2,351 | €6,753 | +€4,402 | +187.3% |
| Financial charges | 65/66B | €11,271 | €13,360 | +€2,089 | +18.5% |
| Recurring financial charges | 65 | €11,271 | €13,360 | +€2,089 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | €60,522 | €83,894 | +€23,372 | +38.6% |
| Income taxes | 67/77 | €18,800 | €25,692 | +€6,892 | +36.7% |
| Profit (loss) for the period | 9904 | €41,722 | €58,201 | +€16,480 | +39.5% |
| Profit (loss) for the period to be appropriated | 9905 | €41,722 | €58,201 | +€16,480 | +39.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.