CHTech: what changed
CHTech
Largest movements
- Receivables within one year -€86,628
down €86,628 (-38.2%), from €226,712 to €140,084
of which Trade receivables: -€79,468
- Tangible fixed assets -€22,692
down €22,692 (-33.7%), from €67,384 to €44,693
of which Furniture and vehicles: -€21,877
- Cash +€16,482
up €16,482 (+110%), from €15,043 to €31,525
mainly Receivables within one year (+€86,628) and Depreciation (+€31,752)
- Profit (loss) carried forward -€61,204
down €61,204 (-59.6%), from €102,699 to €41,496
- Debts after one year -€18,958
down €18,958 (-72.6%), from €26,112 to €7,154
- Tax, wage and social debts -€9,808
down €9,808 (-21.9%), from €44,863 to €35,055
of which Taxes: -€10,987
- Trade debts -€3,450
down €3,450 (-7.5%), from €46,060 to €42,609
- Gross operating margin -€136,186
down €136,186 (-25.7%), from €529,616 to €393,430
- Staff costs -€54,937
down €54,937 (-14.0%), from €393,582 to €338,644
- Financial charges +€36,373
up €36,373 (+79.0%), from €46,032 to €82,405
- Taxes -€11,688
down €11,688 (-96.2%), from €12,147 to €459
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,890 | €228,052 | -€90,838 | -28.5% |
| Fixed assets | 21/28 | €67,506 | €44,814 | -€22,692 | -33.6% |
| Tangible fixed assets | 22/27 | €67,384 | €44,693 | -€22,692 | -33.7% |
| Plant, machinery and equipment | 23 | €8,135 | €7,320 | -€814 | -10.0% |
| Furniture and vehicles | 24 | €59,250 | €37,373 | -€21,877 | -36.9% |
| Financial fixed assets | 28 | €121 | €121 | = | 0.0% |
| Current assets | 29/58 | €251,384 | €183,238 | -€68,147 | -27.1% |
| Stocks and contracts in progress | 3 | €1,800 | €1,800 | = | 0.0% |
| Stocks | 30/36 | €1,800 | €1,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €226,712 | €140,084 | -€86,628 | -38.2% |
| Trade receivables | 40 | €198,357 | €118,889 | -€79,468 | -40.1% |
| Other amounts receivable | 41 | €28,356 | €21,195 | -€7,160 | -25.3% |
| Cash at bank and in hand | 54/58 | €15,043 | €31,525 | +€16,482 | +110% |
| Deferred charges and accrued income | 490/1 | €7,829 | €9,829 | +€2,000 | +25.5% |
| Total equity and liabilities | 10/49 | €318,890 | €228,052 | -€90,838 | -28.5% |
| Equity | 10/15 | €123,159 | €61,956 | -€61,204 | -49.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €102,699 | €41,496 | -€61,204 | -59.6% |
| Amounts payable | 17/49 | €195,731 | €166,096 | -€29,635 | -15.1% |
| Amounts payable after more than one year | 17 | €26,112 | €7,154 | -€18,958 | -72.6% |
| Financial debts | 170/4 | €26,112 | €7,154 | -€18,958 | -72.6% |
| Amounts payable within one year | 42/48 | €169,619 | €158,942 | -€10,677 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €19,423 | €18,958 | -€465 | -2.4% |
| Trade debts | 44 | €46,060 | €42,609 | -€3,450 | -7.5% |
| Suppliers | 440/4 | €46,060 | €42,609 | -€3,450 | -7.5% |
| Taxes, remuneration and social security | 45 | €44,863 | €35,055 | -€9,808 | -21.9% |
| Taxes | 450/3 | €21,126 | €10,138 | -€10,987 | -52.0% |
| Remuneration and social security | 454/9 | €23,737 | €24,916 | +€1,180 | +5.0% |
| Other amounts payable | 47/48 | €59,274 | €62,320 | +€3,047 | +5.1% |
| Remuneration, social security and pensions | 62 | €393,582 | €338,644 | -€54,937 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,707 | €31,752 | -€955 | -2.9% |
| Other operating charges | 640/8 | €3,161 | €3,436 | +€275 | +8.7% |
| Gross operating margin | 9900 | €529,616 | €393,430 | -€136,186 | -25.7% |
| Operating profit (loss) | 9901 | €100,166 | €19,598 | -€80,568 | -80.4% |
| Financial income | 75/76B | €440 | €2,062 | +€1,622 | +369% |
| Recurring financial income | 75 | €440 | €2,062 | +€1,622 | +369% |
| Financial charges | 65/66B | €46,032 | €82,405 | +€36,373 | +79.0% |
| Recurring financial charges | 65 | €46,032 | €82,405 | +€36,373 | +79.0% |
| Profit (loss) for the period before taxes | 9903 | €54,574 | -€60,745 | -€115,319 | |
| Income taxes | 67/77 | €12,147 | €459 | -€11,688 | -96.2% |
| Profit (loss) for the period | 9904 | €42,427 | -€61,204 | -€103,631 | |
| Profit (loss) for the period to be appropriated | 9905 | €42,427 | -€61,204 | -€103,631 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.