CLH: 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.
CLH
Largest movements
- Cash +€36,767
up €36,767 (+43.8%), from €83,897 to €120,664
mainly Depreciation (+€26,004) and Net result for the year (+€18,690)
- Tangible fixed assets -€12,878
down €12,878 (-14.0%), from €92,308 to €79,429
of which Furniture and vehicles: -€17,829
- Receivables within one year -€6,073
down €6,073 (-16.9%), from €35,859 to €29,787
of which Trade receivables: -€10,500
- Reserves +€18,690
up €18,690 (+14.9%), from €125,254 to €143,943
of which Distributable reserves: +€18,690
- Debts after one year -€5,833
down €5,833 (-25.4%), from €22,997 to €17,164
- Depreciation +€8,494
up €8,494 (+48.5%), from €17,510 to €26,004
- Staff costs +€6,237
up €6,237 (+6.0%), from €104,376 to €110,613
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 | €441,995 | €460,755 | +€18,761 | +4.2% |
| Fixed assets | 21/28 | €320,251 | €307,372 | -€12,878 | -4.0% |
| Tangible fixed assets | 22/27 | €92,308 | €79,429 | -€12,878 | -14.0% |
| Plant, machinery and equipment | 23 | €8,113 | €6,488 | -€1,625 | -20.0% |
| Furniture and vehicles | 24 | €81,110 | €63,281 | -€17,829 | -22.0% |
| Other tangible fixed assets | 26 | €3,085 | €9,660 | +€6,575 | +213% |
| Financial fixed assets | 28 | €227,943 | €227,943 | = | 0.0% |
| Current assets | 29/58 | €121,744 | €153,383 | +€31,639 | +26.0% |
| Amounts receivable within one year | 40/41 | €35,859 | €29,787 | -€6,073 | -16.9% |
| Trade receivables | 40 | €35,859 | €25,359 | -€10,500 | -29.3% |
| Other amounts receivable | 41 | €0 | €4,428 | +€4,428 | |
| Cash at bank and in hand | 54/58 | €83,897 | €120,664 | +€36,767 | +43.8% |
| Deferred charges and accrued income | 490/1 | €1,988 | €2,933 | +€945 | +47.5% |
| Total equity and liabilities | 10/49 | €441,995 | €460,755 | +€18,761 | +4.2% |
| Equity | 10/15 | €227,902 | €246,592 | +€18,690 | +8.2% |
| Contributions | 10/11 | €83,600 | €83,600 | = | 0.0% |
| Reserves | 13 | €125,254 | €143,943 | +€18,690 | +14.9% |
| Non-distributable reserves | 130/1 | €1,007 | €1,007 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,007 | €1,007 | = | 0.0% |
| Distributable reserves | 133 | €124,247 | €142,937 | +€18,690 | +15.0% |
| Profit (loss) carried forward | 14 | €19,049 | €19,049 | = | 0.0% |
| Amounts payable | 17/49 | €214,092 | €214,163 | +€71 | 0.0% |
| Amounts payable after more than one year | 17 | €22,997 | €17,164 | -€5,833 | -25.4% |
| Financial debts | 170/4 | €22,997 | €17,164 | -€5,833 | -25.4% |
| Amounts payable within one year | 42/48 | €191,095 | €196,999 | +€5,904 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €5,627 | €5,833 | +€206 | +3.7% |
| Trade debts | 44 | €3,081 | €3,278 | +€197 | +6.4% |
| Suppliers | 440/4 | €3,081 | €3,278 | +€197 | +6.4% |
| Taxes, remuneration and social security | 45 | €48,317 | €51,473 | +€3,157 | +6.5% |
| Taxes | 450/3 | €19,146 | €34,040 | +€14,894 | +77.8% |
| Remuneration and social security | 454/9 | €29,171 | €17,433 | -€11,738 | -40.2% |
| Other amounts payable | 47/48 | €134,070 | €136,414 | +€2,344 | +1.7% |
| Non-recurring operating income | 76A | €2,300 | €0 | -€2,300 | -100% |
| Remuneration, social security and pensions | 62 | €104,376 | €110,613 | +€6,237 | +6.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,510 | €26,004 | +€8,494 | +48.5% |
| Other operating charges | 640/8 | €1,760 | €1,424 | -€335 | -19.1% |
| Non-recurring operating charges | 66A | €351 | €0 | -€351 | -100% |
| Gross operating margin | 9900 | €164,364 | €163,695 | -€669 | -0.4% |
| Operating profit (loss) | 9901 | €40,367 | €25,654 | -€14,713 | -36.4% |
| Financial income | 75/76B | €15,109 | €15,163 | +€54 | +0.4% |
| Recurring financial income | 75 | €15,109 | €15,163 | +€54 | +0.4% |
| Financial charges | 65/66B | €11,225 | €10,555 | -€670 | -6.0% |
| Recurring financial charges | 65 | €11,225 | €10,555 | -€670 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €44,251 | €30,262 | -€13,989 | -31.6% |
| Income taxes | 67/77 | €12,910 | €11,572 | -€1,338 | -10.4% |
| Profit (loss) for the period | 9904 | €31,341 | €18,690 | -€12,651 | -40.4% |
| Profit (loss) for the period to be appropriated | 9905 | €31,341 | €18,690 | -€12,651 | -40.4% |
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 26 October 2026 via checked.be.