CHS Business: 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.
CHS Business
Largest movements
- Receivables within one year -€20,179
down €20,179 (-69.3%), from €29,112 to €8,933
of which Trade receivables: -€11,253
- Cash +€5,513
up €5,513 (+92.4%), from €5,964 to €11,477
mainly Receivables within one year (+€20,179) and Depreciation (+€3,214)
- Tangible fixed assets -€3,214
down €3,214 (-75.1%), from €4,282 to €1,068
of which Furniture and vehicles: -€2,983
- Reserves -€11,197
down €11,197 (-42.0%), from €26,685 to €15,488
of which Distributable reserves: -€9,337
- Other debts -€6,158
down €6,158 (-30.0%), from €20,494 to €14,336
- Tax, wage and social debts -€4,019
no longer reported in 2025 (was €4,019)
of which Remuneration and social security: -€3,800
- Trade debts +€3,025
up €3,025 (+71.2%), from €4,251 to €7,276
- Gross operating margin -€13,905
down €13,905, from €10,278 to -€3,628
- Other operating charges -€3,083
down €3,083 (-71.1%), from €4,333 to €1,250
- Financial charges +€604
up €604 (+23.9%), from €2,530 to €3,134
- Taxes -€225
down €225, from €219 to -€6
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 | €74,048 | €55,700 | -€18,348 | -24.8% |
| Fixed assets | 21/28 | €4,282 | €1,068 | -€3,214 | -75.1% |
| Tangible fixed assets | 22/27 | €4,282 | €1,068 | -€3,214 | -75.1% |
| Plant, machinery and equipment | 23 | €372 | €141 | -€231 | -62.2% |
| Furniture and vehicles | 24 | €3,910 | €927 | -€2,983 | -76.3% |
| Current assets | 29/58 | €69,766 | €54,632 | -€15,134 | -21.7% |
| Stocks and contracts in progress | 3 | €33,928 | €33,785 | -€143 | -0.4% |
| Stocks | 30/36 | €33,928 | €33,785 | -€143 | -0.4% |
| Amounts receivable within one year | 40/41 | €29,112 | €8,933 | -€20,179 | -69.3% |
| Trade receivables | 40 | €18,499 | €7,247 | -€11,253 | -60.8% |
| Other amounts receivable | 41 | €10,612 | €1,686 | -€8,926 | -84.1% |
| Cash at bank and in hand | 54/58 | €5,964 | €11,477 | +€5,513 | +92.4% |
| Deferred charges and accrued income | 490/1 | €762 | €436 | -€326 | -42.7% |
| Total equity and liabilities | 10/49 | €74,048 | €55,700 | -€18,348 | -24.8% |
| Equity | 10/15 | €45,285 | €34,088 | -€11,197 | -24.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | - | -€18,600 | |
| Other | 1109/19 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €26,685 | €15,488 | -€11,197 | -42.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €24,825 | €15,488 | -€9,337 | -37.6% |
| Amounts payable | 17/49 | €28,763 | €21,612 | -€7,151 | -24.9% |
| Amounts payable within one year | 42/48 | €28,763 | €21,612 | -€7,151 | -24.9% |
| Trade debts | 44 | €4,251 | €7,276 | +€3,025 | +71.2% |
| Suppliers | 440/4 | €4,251 | €7,276 | +€3,025 | +71.2% |
| Taxes, remuneration and social security | 45 | €4,019 | - | -€4,019 | |
| Taxes | 450/3 | €219 | - | -€219 | |
| Remuneration and social security | 454/9 | €3,800 | - | -€3,800 | |
| Other amounts payable | 47/48 | €20,494 | €14,336 | -€6,158 | -30.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,135 | €3,214 | +€79 | +2.5% |
| Other operating charges | 640/8 | €4,333 | €1,250 | -€3,083 | -71.1% |
| Gross operating margin | 9900 | €10,278 | -€3,628 | -€13,905 | |
| Operating profit (loss) | 9901 | €2,809 | -€8,092 | -€10,901 | |
| Financial income | 75/76B | €40 | €23 | -€17 | -42.2% |
| Recurring financial income | 75 | €40 | €23 | -€17 | -42.2% |
| Financial charges | 65/66B | €2,530 | €3,134 | +€604 | +23.9% |
| Recurring financial charges | 65 | €2,530 | €3,134 | +€604 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €319 | -€11,203 | -€11,522 | |
| Income taxes | 67/77 | €219 | -€6 | -€225 | |
| Profit (loss) for the period | 9904 | €100 | -€11,197 | -€11,297 | |
| Profit (loss) for the period to be appropriated | 9905 | €100 | -€11,197 | -€11,297 |
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 22 October 2026 via checked.be.