CHT-Belgium: 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.
CHT-Belgium
Largest movements
- Cash -€83,660
down €83,660 (-15.2%), from €550,254 to €466,594
mainly Net result for the year (-€66,535) and Other debts (-€8,099)
- Receivables within one year -€6,859
down €6,859 (-13.6%), from €50,618 to €43,759
of which Other amounts receivable: -€9,160
- Profit (loss) carried forward -€66,535
down €66,535, from €0 to -€66,535
- Other debts -€8,099
down €8,099 (-100%), from €8,099 to €0
- Tax, wage and social debts -€7,300
down €7,300 (-9.5%), from €76,522 to €69,223
of which Remuneration and social security: -€5,118
- Gross operating margin -€65,942
down €65,942 (-14.3%), from €462,553 to €396,611
- Staff costs +€10,307
up €10,307 (+2.3%), from €441,128 to €451,435
- Taxes -€5,761
down €5,761 (-99.3%), from €5,803 to €43
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 | €615,970 | €530,232 | -€85,738 | -13.9% |
| Fixed assets | 21/28 | €15,098 | €14,305 | -€793 | -5.3% |
| Tangible fixed assets | 22/27 | €12,398 | €9,055 | -€3,343 | -27.0% |
| Furniture and vehicles | 24 | €2,614 | €1,539 | -€1,075 | -41.1% |
| Other tangible fixed assets | 26 | €9,785 | €7,516 | -€2,268 | -23.2% |
| Financial fixed assets | 28 | €2,700 | €5,250 | +€2,550 | +94.4% |
| Current assets | 29/58 | €600,872 | €515,927 | -€84,945 | -14.1% |
| Amounts receivable within one year | 40/41 | €50,618 | €43,759 | -€6,859 | -13.6% |
| Trade receivables | 40 | €26,730 | €29,031 | +€2,302 | +8.6% |
| Other amounts receivable | 41 | €23,888 | €14,728 | -€9,160 | -38.3% |
| Cash at bank and in hand | 54/58 | €550,254 | €466,594 | -€83,660 | -15.2% |
| Deferred charges and accrued income | 490/1 | €0 | €5,574 | +€5,574 | |
| Total equity and liabilities | 10/49 | €615,970 | €530,232 | -€85,738 | -13.9% |
| Equity | 10/15 | €518,100 | €451,565 | -€66,535 | -12.8% |
| Contributions | 10/11 | €471,000 | €471,000 | = | 0.0% |
| Capital | 10 | €471,000 | €471,000 | = | 0.0% |
| Issued capital | 100 | €471,000 | €471,000 | = | 0.0% |
| Reserves | 13 | €47,100 | €47,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €47,100 | €47,100 | = | 0.0% |
| Legal reserve | 130 | €47,100 | €47,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€66,535 | -€66,535 | |
| Amounts payable | 17/49 | €97,870 | €78,667 | -€19,203 | -19.6% |
| Amounts payable within one year | 42/48 | €97,870 | €78,667 | -€19,203 | -19.6% |
| Trade debts | 44 | €13,248 | €9,445 | -€3,804 | -28.7% |
| Suppliers | 440/4 | €13,248 | €9,445 | -€3,804 | -28.7% |
| Taxes, remuneration and social security | 45 | €76,522 | €69,223 | -€7,300 | -9.5% |
| Taxes | 450/3 | €18,103 | €15,922 | -€2,181 | -12.0% |
| Remuneration and social security | 454/9 | €58,419 | €53,301 | -€5,118 | -8.8% |
| Other amounts payable | 47/48 | €8,099 | €0 | -€8,099 | -100% |
| Non-recurring operating income | 76A | €6,165 | €0 | -€6,165 | -100% |
| Remuneration, social security and pensions | 62 | €441,128 | €451,435 | +€10,307 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,767 | €3,343 | -€424 | -11.3% |
| Other operating charges | 640/8 | €3,725 | €4,113 | +€388 | +10.4% |
| Gross operating margin | 9900 | €462,553 | €396,611 | -€65,942 | -14.3% |
| Operating profit (loss) | 9901 | €13,932 | -€62,280 | -€76,212 | |
| Financial income | 75/76B | €7,548 | €2,925 | -€4,623 | -61.2% |
| Recurring financial income | 75 | €7,548 | €2,925 | -€4,623 | -61.2% |
| Financial charges | 65/66B | €7,578 | €7,138 | -€440 | -5.8% |
| Recurring financial charges | 65 | €7,578 | €7,138 | -€440 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €13,903 | -€66,493 | -€80,395 | |
| Income taxes | 67/77 | €5,803 | €43 | -€5,761 | -99.3% |
| Profit (loss) for the period | 9904 | €8,099 | -€66,535 | -€74,635 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,099 | -€66,535 | -€74,635 |
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 1 November 2026 via checked.be.