CHVC: 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.
CHVC
Largest movements
- Receivables within one year -€18,286
down €18,286 (-46.8%), from €39,098 to €20,812
of which Trade receivables: -€12,892
- Tangible fixed assets -€7,294
down €7,294 (-7.7%), from €94,829 to €87,535
of which Plant, machinery and equipment: -€4,088
- Profit (loss) carried forward -€33,790
down €33,790 (-1702.5%), from -€1,985 to -€35,775
- Other debts +€12,720
up €12,720 (+30.5%), from €41,663 to €54,383
- Current portion of long-term debt -€8,564
no longer reported in 2024 (was €8,564)
- Trade debts +€5,794
up €5,794 (+63.4%), from €9,137 to €14,932
- Gross operating margin -€32,281
down €32,281, from €9,634 to -€22,647
- Financial charges -€900
down €900 (-67.6%), from €1,330 to €431
- Other operating charges +€330
up €330 (+155.5%), from €212 to €542
- Depreciation -€295
down €295 (-2.9%), from €10,089 to €9,794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €140,060 | €115,438 | -€24,623 | -17.6% |
| Fixed assets | 21/28 | €94,829 | €87,535 | -€7,294 | -7.7% |
| Tangible fixed assets | 22/27 | €94,829 | €87,535 | -€7,294 | -7.7% |
| Land and buildings | 22 | €59,913 | €58,420 | -€1,492 | -2.5% |
| Plant, machinery and equipment | 23 | €25,974 | €21,886 | -€4,088 | -15.7% |
| Furniture and vehicles | 24 | €8,942 | €7,229 | -€1,714 | -19.2% |
| Current assets | 29/58 | €45,231 | €27,903 | -€17,328 | -38.3% |
| Amounts receivable within one year | 40/41 | €39,098 | €20,812 | -€18,286 | -46.8% |
| Trade receivables | 40 | €17,834 | €4,943 | -€12,892 | -72.3% |
| Other amounts receivable | 41 | €21,264 | €15,870 | -€5,395 | -25.4% |
| Cash at bank and in hand | 54/58 | €5,350 | €5,642 | +€292 | +5.5% |
| Deferred charges and accrued income | 490/1 | €783 | €1,449 | +€666 | +85.1% |
| Total equity and liabilities | 10/49 | €140,060 | €115,438 | -€24,623 | -17.6% |
| Equity | 10/15 | €78,715 | €44,925 | -€33,790 | -42.9% |
| Contributions | 10/11 | €19,700 | €19,700 | = | 0.0% |
| Reserves | 13 | €61,000 | €61,000 | = | 0.0% |
| Distributable reserves | 133 | €61,000 | €61,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,985 | -€35,775 | -€33,790 | -1702.5% |
| Amounts payable | 17/49 | €61,345 | €70,512 | +€9,167 | +14.9% |
| Amounts payable after more than one year | 17 | €360 | €360 | = | 0.0% |
| Other amounts payable | 178/9 | €360 | €360 | = | 0.0% |
| Amounts payable within one year | 42/48 | €60,985 | €69,752 | +€8,768 | +14.4% |
| Current portion of amounts payable after more than one year | 42 | €8,564 | - | -€8,564 | |
| Financial debts | 43 | €191 | €264 | +€72 | +37.7% |
| Credit institutions | 430/8 | €191 | €264 | +€72 | +37.7% |
| Trade debts | 44 | €9,137 | €14,932 | +€5,794 | +63.4% |
| Suppliers | 440/4 | €9,137 | €14,932 | +€5,794 | +63.4% |
| Taxes, remuneration and social security | 45 | €1,430 | €174 | -€1,255 | -87.8% |
| Taxes | 450/3 | €1,430 | €174 | -€1,255 | -87.8% |
| Other amounts payable | 47/48 | €41,663 | €54,383 | +€12,720 | +30.5% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,089 | €9,794 | -€295 | -2.9% |
| Other operating charges | 640/8 | €212 | €542 | +€330 | +155.5% |
| Non-recurring operating charges | 66A | - | €216 | +€216 | |
| Gross operating margin | 9900 | €9,634 | -€22,647 | -€32,281 | |
| Operating profit (loss) | 9901 | -€667 | -€33,199 | -€32,532 | -4874.5% |
| Financial income | 75/76B | €9 | €14 | +€6 | +62.2% |
| Recurring financial income | 75 | €9 | €14 | +€6 | +62.2% |
| Financial charges | 65/66B | €1,330 | €431 | -€900 | -67.6% |
| Recurring financial charges | 65 | €1,330 | €431 | -€900 | -67.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,989 | -€33,615 | -€31,627 | -1590.1% |
| Income taxes | 67/77 | €123 | €174 | +€51 | +41.6% |
| Profit (loss) for the period | 9904 | -€2,112 | -€33,790 | -€31,678 | -1499.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,112 | -€33,790 | -€31,678 | -1499.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.