CHF Technics: 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.
CHF Technics
Largest movements
- Tangible fixed assets -€79,381
down €79,381 (-22.6%), from €350,920 to €271,540
of which Furniture and vehicles: -€69,129
- Current investments -€41,352
down €41,352 (-7.5%), from €551,843 to €510,491
- Receivables within one year +€34,143
up €34,143 (+17.7%), from €192,576 to €226,719
of which Trade receivables: +€34,143
- Cash -€33,094
down €33,094 (-84.9%), from €38,985 to €5,890
mainly Contributions, distributions and other (-€168,459) and Debts after one year (-€39,015)
- Deferred charges and accrued income +€23,436
new in 2025: €23,436
- Reserves -€69,947
down €69,947 (-8.6%), from €809,906 to €739,960
- Debts after one year -€39,015
down €39,015 (-24.1%), from €161,940 to €122,925
- Trade debts +€28,019
up €28,019 (+266.4%), from €10,517 to €38,535
- Current portion of long-term debt -€20,939
down €20,939 (-34.9%), from €59,955 to €39,015
- Gross operating margin -€303,548
down €303,548 (-62.6%), from €484,576 to €181,028
- Taxes -€87,957
down €87,957 (-63.9%), from €137,664 to €49,707
- Depreciation -€13,181
down €13,181 (-27.5%), from €47,955 to €34,774
- Staff costs -€8,849
down €8,849 (-100.0%), from €8,849 to €0
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 | €1,290,324 | €1,194,076 | -€96,248 | -7.5% |
| Fixed assets | 21/28 | €506,920 | €427,540 | -€79,381 | -15.7% |
| Tangible fixed assets | 22/27 | €350,920 | €271,540 | -€79,381 | -22.6% |
| Land and buildings | 22 | €183,295 | €175,330 | -€7,965 | -4.3% |
| Plant, machinery and equipment | 23 | €5,042 | €2,755 | -€2,286 | -45.4% |
| Furniture and vehicles | 24 | €162,584 | €93,455 | -€69,129 | -42.5% |
| Financial fixed assets | 28 | €156,000 | €156,000 | = | 0.0% |
| Current assets | 29/58 | €783,404 | €766,536 | -€16,868 | -2.2% |
| Amounts receivable within one year | 40/41 | €192,576 | €226,719 | +€34,143 | +17.7% |
| Trade receivables | 40 | €36,576 | €70,719 | +€34,143 | +93.3% |
| Other amounts receivable | 41 | €156,000 | €156,000 | = | 0.0% |
| Current investments | 50/53 | €551,843 | €510,491 | -€41,352 | -7.5% |
| Cash at bank and in hand | 54/58 | €38,985 | €5,890 | -€33,094 | -84.9% |
| Deferred charges and accrued income | 490/1 | - | €23,436 | +€23,436 | |
| Total equity and liabilities | 10/49 | €1,290,324 | €1,194,076 | -€96,248 | -7.5% |
| Equity | 10/15 | €840,906 | €770,960 | -€69,947 | -8.3% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €809,906 | €739,960 | -€69,947 | -8.6% |
| Distributable reserves | 133 | €809,906 | €739,960 | -€69,947 | -8.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €449,418 | €423,116 | -€26,302 | -5.9% |
| Amounts payable after more than one year | 17 | €161,940 | €122,925 | -€39,015 | -24.1% |
| Financial debts | 170/4 | €161,940 | €122,925 | -€39,015 | -24.1% |
| Amounts payable within one year | 42/48 | €287,478 | €300,192 | +€12,713 | +4.4% |
| Current portion of amounts payable after more than one year | 42 | €59,955 | €39,015 | -€20,939 | -34.9% |
| Trade debts | 44 | €10,517 | €38,535 | +€28,019 | +266.4% |
| Suppliers | 440/4 | €10,517 | €38,535 | +€28,019 | +266.4% |
| Taxes, remuneration and social security | 45 | €44,217 | €51,321 | +€7,104 | +16.1% |
| Taxes | 450/3 | €38,458 | €51,321 | +€12,862 | +33.4% |
| Remuneration and social security | 454/9 | €5,759 | €0 | -€5,759 | -100.0% |
| Other amounts payable | 47/48 | €172,790 | €171,321 | -€1,470 | -0.9% |
| Non-recurring operating income | 76A | - | €9,228 | +€9,228 | |
| Remuneration, social security and pensions | 62 | €8,849 | €0 | -€8,849 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,955 | €34,774 | -€13,181 | -27.5% |
| Other operating charges | 640/8 | €2,144 | €3,840 | +€1,696 | +79.1% |
| Gross operating margin | 9900 | €484,576 | €181,028 | -€303,548 | -62.6% |
| Operating profit (loss) | 9901 | €425,628 | €142,414 | -€283,214 | -66.5% |
| Financial income | 75/76B | €7,812 | €11,035 | +€3,223 | +41.3% |
| Recurring financial income | 75 | €7,812 | €11,035 | +€3,223 | +41.3% |
| Financial charges | 65/66B | €5,343 | €5,229 | -€114 | -2.1% |
| Recurring financial charges | 65 | €5,343 | €5,229 | -€114 | -2.1% |
| Profit (loss) for the period before taxes | 9903 | €428,097 | €148,220 | -€279,877 | -65.4% |
| Income taxes | 67/77 | €137,664 | €49,707 | -€87,957 | -63.9% |
| Profit (loss) for the period | 9904 | €290,433 | €98,513 | -€191,920 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €290,433 | €98,513 | -€191,920 | -66.1% |
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 3 October 2026 via checked.be.