CHUR: what changed
Two fiscal 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.
CHUR
Largest movements
- Tangible fixed assets +€20,293
up €20,293 (+17.3%), from €117,246 to €137,540
of which Land and buildings: +€20,783
- Receivables within one year -€2,694
down €2,694 (-21.5%), from €12,518 to €9,824
of which Other amounts receivable: -€3,361
- Reserves +€6,000
up €6,000 (+5.3%), from €113,379 to €119,379
of which Distributable reserves: +€6,000
- Tax, wage and social debts +€5,400
new in 2025: €5,400
- Other debts +€4,500
new in 2025: €4,500
- Gross operating margin +€13,049
up €13,049 (+59.2%), from €22,052 to €35,101
- Taxes +€3,476
up €3,476 (+178.2%), from €1,951 to €5,428
- Depreciation +€665
up €665 (+5.9%), from €11,329 to €11,994
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.
Cash bridge derived
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 | €189,247 | €205,481 | +€16,235 | +8.6% |
| Fixed assets | 21/28 | €117,246 | €137,540 | +€20,293 | +17.3% |
| Tangible fixed assets | 22/27 | €117,246 | €137,540 | +€20,293 | +17.3% |
| Land and buildings | 22 | €116,430 | €137,214 | +€20,783 | +17.9% |
| Furniture and vehicles | 24 | €816 | €326 | -€490 | -60.0% |
| Current assets | 29/58 | €72,000 | €67,942 | -€4,059 | -5.6% |
| Amounts receivable within one year | 40/41 | €12,518 | €9,824 | -€2,694 | -21.5% |
| Trade receivables | 40 | - | €667 | +€667 | |
| Other amounts receivable | 41 | €12,518 | €9,157 | -€3,361 | -26.9% |
| Current investments | 50/53 | €12 | €12 | -€0 | -1.2% |
| Cash at bank and in hand | 54/58 | €52,148 | €50,908 | -€1,239 | -2.4% |
| Deferred charges and accrued income | 490/1 | €7,323 | €7,197 | -€126 | -1.7% |
| Total equity and liabilities | 10/49 | €189,247 | €205,481 | +€16,235 | +8.6% |
| Equity | 10/15 | €184,251 | €190,725 | +€6,474 | +3.5% |
| Contributions | 10/11 | €68,793 | €68,793 | = | 0.0% |
| Capital | 10 | €68,793 | €68,793 | = | 0.0% |
| Issued capital | 100 | €68,793 | €68,793 | = | 0.0% |
| Reserves | 13 | €113,379 | €119,379 | +€6,000 | +5.3% |
| Non-distributable reserves | 130/1 | €6,879 | €6,879 | = | 0.0% |
| Legal reserve | 130 | €6,879 | €6,879 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,500 | €30,500 | = | 0.0% |
| Distributable reserves | 133 | €76,000 | €82,000 | +€6,000 | +7.9% |
| Profit (loss) carried forward | 14 | €2,078 | €2,552 | +€474 | +22.8% |
| Amounts payable | 17/49 | €4,996 | €14,757 | +€9,761 | +195.4% |
| Amounts payable within one year | 42/48 | €3,001 | €13,824 | +€10,823 | +360.6% |
| Trade debts | 44 | €3,001 | €3,924 | +€923 | +30.7% |
| Suppliers | 440/4 | €3,001 | €3,924 | +€923 | +30.7% |
| Taxes, remuneration and social security | 45 | - | €5,400 | +€5,400 | |
| Taxes | 450/3 | - | €5,400 | +€5,400 | |
| Other amounts payable | 47/48 | - | €4,500 | +€4,500 | |
| Accrued charges and deferred income | 492/3 | €1,995 | €933 | -€1,062 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,329 | €11,994 | +€665 | +5.9% |
| Other operating charges | 640/8 | €6,198 | €6,298 | +€100 | +1.6% |
| Gross operating margin | 9900 | €22,052 | €35,101 | +€13,049 | +59.2% |
| Operating profit (loss) | 9901 | €4,526 | €16,810 | +€12,284 | +271.4% |
| Financial income | 75/76B | €153 | €176 | +€23 | +14.9% |
| Recurring financial income | 75 | €153 | €176 | +€23 | +14.9% |
| Financial charges | 65/66B | €527 | €585 | +€57 | +10.8% |
| Recurring financial charges | 65 | €527 | €585 | +€57 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €4,152 | €16,402 | +€12,250 | +295.1% |
| Income taxes | 67/77 | €1,951 | €5,428 | +€3,476 | +178.2% |
| Profit (loss) for the period | 9904 | €2,200 | €10,974 | +€8,774 | +398.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,200 | €10,974 | +€8,774 | +398.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.