PHARE CHU: 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.
PHARE CHU
Largest movements
- Cash -€4,267
down €4,267 (-35.9%), from €11,896 to €7,628
mainly Net result for the year (-€4,667)
- Profit (loss) carried forward -€4,667
down €4,667 (-55.1%), from -€8,466 to -€13,133
- Accrued charges and deferred income +€400
new in 2025: €400
- Gross operating margin -€13,761
down €13,761, from €9,973 to -€3,788
- Other operating charges -€208
down €208 (-34.2%), from €607 to €400
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 | €11,896 | €7,628 | -€4,267 | -35.9% |
| Current assets | 29/58 | €11,896 | €7,628 | -€4,267 | -35.9% |
| Cash at bank and in hand | 54/58 | €11,896 | €7,628 | -€4,267 | -35.9% |
| Total equity and liabilities | 10/49 | €11,896 | €7,628 | -€4,267 | -35.9% |
| Equity | 10/15 | €11,676 | €7,009 | -€4,667 | -40.0% |
| Contributions | 10/11 | €18,035 | €18,035 | = | 0.0% |
| Reserves | 13 | €2,107 | €2,107 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,107 | €2,107 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,107 | €2,107 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,466 | -€13,133 | -€4,667 | -55.1% |
| Amounts payable | 17/49 | €220 | €620 | +€400 | +182% |
| Amounts payable within one year | 42/48 | €220 | €220 | = | 0.0% |
| Trade debts | 44 | €220 | €220 | = | 0.0% |
| Suppliers | 440/4 | €220 | €220 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €400 | +€400 | |
| Other operating charges | 640/8 | €607 | €400 | -€208 | -34.2% |
| Non-recurring operating charges | 66A | €26,718 | - | -€26,718 | |
| Gross operating margin | 9900 | €9,973 | -€3,788 | -€13,761 | |
| Operating profit (loss) | 9901 | -€17,352 | -€4,188 | +€13,165 | +75.9% |
| Financial charges | 65/66B | €519 | €479 | -€40 | -7.7% |
| Recurring financial charges | 65 | €519 | €479 | -€40 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,871 | -€4,667 | +€13,204 | +73.9% |
| Profit (loss) for the period | 9904 | -€17,871 | -€4,667 | +€13,204 | +73.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,871 | -€4,667 | +€13,204 | +73.9% |
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 28 October 2026 via checked.be.