CHTS: 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.
CHTS
Largest movements
- Cash +€142,400
up €142,400 (+233%), from €61,082 to €203,482
mainly Other debts (+€258,608) and Tax, wage and social debts (+€109,503)
- Receivables within one year -€97,484
down €97,484 (-30.2%), from €322,898 to €225,414
of which Trade receivables: -€68,182
- Tangible fixed assets +€70,809
up €70,809 (+15.3%), from €463,719 to €534,528
of which Furniture and vehicles: +€62,114
- Profit (loss) carried forward -€307,554
down €307,554 (-100%), from €307,554 to €0
- Other debts +€258,608
up €258,608 (+367,602%), from €70 to €258,679
- Tax, wage and social debts +€109,503
up €109,503 (+174%), from €62,953 to €172,456
of which Taxes: +€107,987
- Reserves +€79,196
up €79,196 (+65.2%), from €121,523 to €200,719
of which Distributable reserves: +€79,196
- Trade debts -€75,687
down €75,687 (-64.8%), from €116,716 to €41,029
- Gross operating margin +€133,032
up €133,032 (+26.6%), from €500,601 to €633,634
- Staff costs +€107,500
up €107,500 (+34.2%), from €314,049 to €421,548
- Write-downs +€11,868
up €11,868, from -€3,553 to €8,315
- Taxes +€7,825
up €7,825 (+28.0%), from €27,942 to €35,767
- Depreciation +€6,345
up €6,345 (+9.7%), from €65,696 to €72,042
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 | €911,798 | €1,026,014 | +€114,216 | +12.5% |
| Fixed assets | 21/28 | €480,099 | €550,908 | +€70,809 | +14.7% |
| Tangible fixed assets | 22/27 | €463,719 | €534,528 | +€70,809 | +15.3% |
| Land and buildings | 22 | €314,121 | €301,947 | -€12,174 | -3.9% |
| Plant, machinery and equipment | 23 | €24,066 | €44,936 | +€20,870 | +86.7% |
| Furniture and vehicles | 24 | €125,532 | €187,645 | +€62,114 | +49.5% |
| Financial fixed assets | 28 | €16,380 | €16,380 | = | 0.0% |
| Current assets | 29/58 | €431,699 | €475,106 | +€43,407 | +10.1% |
| Amounts receivable within one year | 40/41 | €322,898 | €225,414 | -€97,484 | -30.2% |
| Trade receivables | 40 | €280,510 | €212,328 | -€68,182 | -24.3% |
| Other amounts receivable | 41 | €42,388 | €13,086 | -€29,302 | -69.1% |
| Cash at bank and in hand | 54/58 | €61,082 | €203,482 | +€142,400 | +233% |
| Deferred charges and accrued income | 490/1 | €47,720 | €46,210 | -€1,510 | -3.2% |
| Total equity and liabilities | 10/49 | €911,798 | €1,026,014 | +€114,216 | +12.5% |
| Equity | 10/15 | €434,077 | €205,719 | -€228,358 | -52.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €121,523 | €200,719 | +€79,196 | +65.2% |
| Tax-exempt reserves | 132 | €42,100 | €42,100 | = | 0.0% |
| Distributable reserves | 133 | €79,423 | €158,619 | +€79,196 | +99.7% |
| Profit (loss) carried forward | 14 | €307,554 | €0 | -€307,554 | -100% |
| Amounts payable | 17/49 | €477,721 | €820,295 | +€342,574 | +71.7% |
| Amounts payable after more than one year | 17 | €250,406 | €229,860 | -€20,546 | -8.2% |
| Financial debts | 170/4 | €250,406 | €229,860 | -€20,546 | -8.2% |
| Amounts payable within one year | 42/48 | €227,315 | €588,935 | +€361,620 | +159% |
| Current portion of amounts payable after more than one year | 42 | €47,576 | €52,641 | +€5,065 | +10.6% |
| Trade debts | 44 | €116,716 | €41,029 | -€75,687 | -64.8% |
| Suppliers | 440/4 | €116,716 | €41,029 | -€75,687 | -64.8% |
| Advances received on contracts in progress | 46 | - | €64,130 | +€64,130 | |
| Taxes, remuneration and social security | 45 | €62,953 | €172,456 | +€109,503 | +174% |
| Taxes | 450/3 | €2,642 | €110,629 | +€107,987 | +4,088% |
| Remuneration and social security | 454/9 | €60,312 | €61,827 | +€1,516 | +2.5% |
| Other amounts payable | 47/48 | €70 | €258,679 | +€258,608 | +367,602% |
| Accrued charges and deferred income | 492/3 | - | €1,500 | +€1,500 | |
| Remuneration, social security and pensions | 62 | €314,049 | €421,548 | +€107,500 | +34.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,696 | €72,042 | +€6,345 | +9.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€3,553 | €8,315 | +€11,868 | |
| Other operating charges | 640/8 | €2,403 | €6,131 | +€3,728 | +155% |
| Non-recurring operating charges | 66A | €6,750 | €0 | -€6,750 | -100% |
| Gross operating margin | 9900 | €500,601 | €633,634 | +€133,032 | +26.6% |
| Operating profit (loss) | 9901 | €115,256 | €125,597 | +€10,341 | +9.0% |
| Financial income | 75/76B | €10 | €2 | -€7 | -74.6% |
| Recurring financial income | 75 | €10 | €2 | -€7 | -74.6% |
| Financial charges | 65/66B | €7,901 | €10,636 | +€2,736 | +34.6% |
| Recurring financial charges | 65 | €7,901 | €10,636 | +€2,736 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €107,365 | €114,963 | +€7,598 | +7.1% |
| Income taxes | 67/77 | €27,942 | €35,767 | +€7,825 | +28.0% |
| Profit (loss) for the period | 9904 | €79,423 | €79,196 | -€227 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €79,423 | €79,196 | -€227 | -0.3% |
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 17 October 2026 via checked.be.