CHS Group: 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 Group
Largest movements
- Receivables within one year +€351,189
up €351,189 (+44.4%), from €791,726 to €1.1m
of which Other amounts receivable: +€194,719
- Tangible fixed assets -€133,031
down €133,031 (-82.6%), from €161,014 to €27,984
of which Land and buildings: -€120,000
- Deferred charges and accrued income +€65,537
new in 2023: €65,537
- Cash +€32,822
up €32,822 (+22.2%), from €147,563 to €180,385
mainly Trade debts (+€172,855) and Investment in fixed assets (net) (+€120,000)
- Trade debts +€172,855
up €172,855 (+139%), from €124,339 to €297,195
- Profit (loss) carried forward +€114,056
up €114,056 (+10.9%), from €1.0m to €1.2m
- Accrued charges and deferred income +€113,531
new in 2023: €113,531
- Tax, wage and social debts -€85,095
down €85,095 (-57.6%), from €147,715 to €62,620
of which Taxes: -€85,244
- Gross operating margin -€618,835
down €618,835 (-87.9%), from €704,410 to €85,575
- Taxes -€233,626
down €233,626, from €183,995 to -€49,631
- Staff costs -€33,392
no longer reported in 2023 (was €33,392)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,335,571 | €1,652,089 | +€316,518 | +23.7% |
| Fixed assets | 21/28 | €215,145 | €82,114 | -€133,031 | -61.8% |
| Tangible fixed assets | 22/27 | €161,014 | €27,984 | -€133,031 | -82.6% |
| Land and buildings | 22 | €120,000 | - | -€120,000 | |
| Plant, machinery and equipment | 23 | €2,515 | €913 | -€1,602 | -63.7% |
| Furniture and vehicles | 24 | €38,499 | €27,071 | -€11,428 | -29.7% |
| Financial fixed assets | 28 | €54,130 | €54,130 | = | 0.0% |
| Current assets | 29/58 | €1,120,426 | €1,569,974 | +€449,548 | +40.1% |
| Amounts receivable within one year | 40/41 | €791,726 | €1,142,916 | +€351,189 | +44.4% |
| Trade receivables | 40 | €777,202 | €933,672 | +€156,470 | +20.1% |
| Other amounts receivable | 41 | €14,525 | €209,244 | +€194,719 | +1,341% |
| Current investments | 50/53 | €181,137 | €181,137 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €147,563 | €180,385 | +€32,822 | +22.2% |
| Deferred charges and accrued income | 490/1 | - | €65,537 | +€65,537 | |
| Total equity and liabilities | 10/49 | €1,335,571 | €1,652,089 | +€316,518 | +23.7% |
| Equity | 10/15 | €1,063,516 | €1,177,572 | +€114,056 | +10.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,049,256 | €1,163,312 | +€114,056 | +10.9% |
| Amounts payable | 17/49 | €272,055 | €474,516 | +€202,461 | +74.4% |
| Amounts payable within one year | 42/48 | €272,055 | €360,985 | +€88,930 | +32.7% |
| Trade debts | 44 | €124,339 | €297,195 | +€172,855 | +139% |
| Suppliers | 440/4 | €124,339 | €297,195 | +€172,855 | +139% |
| Taxes, remuneration and social security | 45 | €147,715 | €62,620 | -€85,095 | -57.6% |
| Taxes | 450/3 | €147,687 | €62,443 | -€85,244 | -57.7% |
| Remuneration and social security | 454/9 | €28 | €177 | +€149 | +528% |
| Other amounts payable | 47/48 | - | €1,171 | +€1,171 | |
| Accrued charges and deferred income | 492/3 | - | €113,531 | +€113,531 | |
| Non-recurring operating income | 76A | - | €70,000 | +€70,000 | |
| Remuneration, social security and pensions | 62 | €33,392 | - | -€33,392 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,011 | €13,031 | +€20 | +0.2% |
| Other operating charges | 640/8 | €2,955 | €2,976 | +€21 | +0.7% |
| Gross operating margin | 9900 | €704,410 | €85,575 | -€618,835 | -87.9% |
| Operating profit (loss) | 9901 | €655,053 | €69,568 | -€585,485 | -89.4% |
| Financial income | 75/76B | €285 | €214 | -€72 | -25.1% |
| Recurring financial income | 75 | €285 | €214 | -€72 | -25.1% |
| Financial charges | 65/66B | €4,530 | €5,357 | +€827 | +18.3% |
| Recurring financial charges | 65 | €4,530 | €5,357 | +€827 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €650,808 | €64,425 | -€586,383 | -90.1% |
| Income taxes | 67/77 | €183,995 | -€49,631 | -€233,626 | |
| Profit (loss) for the period | 9904 | €466,813 | €114,056 | -€352,757 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €466,813 | €114,056 | -€352,757 | -75.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.