CHM CONSULT: 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.
CHM CONSULT
Largest movements
- Tangible fixed assets +€18,204
new in 2025: €18,204
- Receivables within one year +€7,908
up €7,908 (+78.4%), from €10,085 to €17,993
of which Trade receivables: +€7,908
- Cash -€5,348
down €5,348 (-14.9%), from €35,983 to €30,636
mainly Investment in fixed assets (net) (-€27,305) and Current portion of long-term debt (-€14,504)
- Profit (loss) carried forward +€30,201
up €30,201 (+168%), from €17,930 to €48,131
- Tax, wage and social debts +€17,722
up €17,722 (+131%), from €13,543 to €31,265
of which Taxes: +€17,722
- Current portion of long-term debt -€14,504
down €14,504 (-51.5%), from €28,188 to €13,684
- Debts after one year -€13,784
down €13,784 (-19.8%), from €69,458 to €55,674
- Gross operating margin +€30,626
up €30,626 (+112%), from €27,434 to €58,060
- Depreciation +€9,102
new in 2025: €9,102
- Taxes +€6,935
up €6,935 (+106%), from €6,550 to €13,485
- Financial charges +€1,435
up €1,435 (+68.5%), from €2,095 to €3,530
- Other operating charges +€883
new in 2025: €883
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 | €131,068 | €151,832 | +€20,764 | +15.8% |
| Fixed assets | 21/28 | €85,000 | €103,204 | +€18,204 | +21.4% |
| Tangible fixed assets | 22/27 | - | €18,204 | +€18,204 | |
| Furniture and vehicles | 24 | - | €18,204 | +€18,204 | |
| Financial fixed assets | 28 | €85,000 | €85,000 | = | 0.0% |
| Current assets | 29/58 | €46,068 | €48,628 | +€2,560 | +5.6% |
| Amounts receivable within one year | 40/41 | €10,085 | €17,993 | +€7,908 | +78.4% |
| Trade receivables | 40 | €10,085 | €17,993 | +€7,908 | +78.4% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €35,983 | €30,636 | -€5,348 | -14.9% |
| Deferred charges and accrued income | 490/1 | - | €0 | = | |
| Total equity and liabilities | 10/49 | €131,068 | €151,832 | +€20,764 | +15.8% |
| Equity | 10/15 | €18,930 | €49,131 | +€30,201 | +160% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,930 | €48,131 | +€30,201 | +168% |
| Amounts payable | 17/49 | €112,138 | €102,701 | -€9,438 | -8.4% |
| Amounts payable after more than one year | 17 | €69,458 | €55,674 | -€13,784 | -19.8% |
| Financial debts | 170/4 | €69,458 | €55,674 | -€13,784 | -19.8% |
| Amounts payable within one year | 42/48 | €42,680 | €47,027 | +€4,347 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €28,188 | €13,684 | -€14,504 | -51.5% |
| Trade debts | 44 | €348 | €1,416 | +€1,068 | +307% |
| Suppliers | 440/4 | €348 | €1,416 | +€1,068 | +307% |
| Taxes, remuneration and social security | 45 | €13,543 | €31,265 | +€17,722 | +131% |
| Taxes | 450/3 | €13,543 | €31,265 | +€17,722 | +131% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €601 | €661 | +€60 | +10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,102 | +€9,102 | |
| Other operating charges | 640/8 | - | €883 | +€883 | |
| Gross operating margin | 9900 | €27,434 | €58,060 | +€30,626 | +112% |
| Operating profit (loss) | 9901 | €27,434 | €48,075 | +€20,641 | +75.2% |
| Financial charges | 65/66B | €2,095 | €3,530 | +€1,435 | +68.5% |
| Recurring financial charges | 65 | €2,095 | €3,530 | +€1,435 | +68.5% |
| Profit (loss) for the period before taxes | 9903 | €25,339 | €44,545 | +€19,206 | +75.8% |
| Income taxes | 67/77 | €6,550 | €13,485 | +€6,935 | +106% |
| Profit (loss) for the period | 9904 | €18,789 | €31,060 | +€12,271 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,789 | €31,060 | +€12,271 | +65.3% |
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.