1897 CHALTIN: 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.
1897 CHALTIN
Largest movements
- Stocks and contracts -€323,974
down €323,974 (-37.2%), from €872,046 to €548,072
of which Stocks: -€279,136
- Receivables within one year +€71,780
up €71,780 (+5,997%), from €1,197 to €72,977
- Short-term financial debts -€385,000
down €385,000 (-100%), from €385,000 to €0
- Profit (loss) carried forward +€75,654
up €75,654 (+48.8%), from -€155,173 to -€79,519
- Other debts +€68,428
up €68,428 (+12.7%), from €540,138 to €608,565
- Financial charges -€5,383
down €5,383 (-18.5%), from €29,110 to €23,726
- Gross operating margin -€2,466
down €2,466 (-2.4%), from €101,119 to €98,654
- Financial income +€2,019
up €2,019 (+693%), from €291 to €2,310
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €878,851 | €634,485 | -€244,366 | -27.8% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Current assets | 29/58 | €878,851 | €634,485 | -€244,366 | -27.8% |
| Stocks and contracts in progress | 3 | €872,046 | €548,072 | -€323,974 | -37.2% |
| Stocks | 30/36 | €684,399 | €405,263 | -€279,136 | -40.8% |
| Contracts in progress | 37 | €187,647 | €142,808 | -€44,839 | -23.9% |
| Amounts receivable within one year | 40/41 | €1,197 | €72,977 | +€71,780 | +5,997% |
| Other amounts receivable | 41 | €1,197 | €72,977 | +€71,780 | +5,997% |
| Cash at bank and in hand | 54/58 | €5,608 | €13,392 | +€7,784 | +139% |
| Deferred charges and accrued income | 490/1 | - | €44 | +€44 | |
| Total equity and liabilities | 10/49 | €878,851 | €634,485 | -€244,366 | -27.8% |
| Equity | 10/15 | -€55,173 | €20,481 | +€75,654 | |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€155,173 | -€79,519 | +€75,654 | +48.8% |
| Amounts payable | 17/49 | €934,024 | €614,004 | -€320,020 | -34.3% |
| Amounts payable within one year | 42/48 | €927,204 | €610,815 | -€316,389 | -34.1% |
| Financial debts | 43 | €385,000 | €0 | -€385,000 | -100% |
| Other loans | 439 | €385,000 | €0 | -€385,000 | -100% |
| Trade debts | 44 | €0 | €184 | +€184 | |
| Suppliers | 440/4 | €0 | €184 | +€184 | |
| Taxes, remuneration and social security | 45 | €2,067 | €2,067 | = | 0.0% |
| Taxes | 450/3 | €2,067 | €2,067 | = | 0.0% |
| Other amounts payable | 47/48 | €540,138 | €608,565 | +€68,428 | +12.7% |
| Accrued charges and deferred income | 492/3 | €6,820 | €3,189 | -€3,631 | -53.2% |
| Other operating charges | 640/8 | €1,309 | €1,583 | +€274 | +20.9% |
| Gross operating margin | 9900 | €101,119 | €98,654 | -€2,466 | -2.4% |
| Operating profit (loss) | 9901 | €99,810 | €97,071 | -€2,740 | -2.7% |
| Financial income | 75/76B | €291 | €2,310 | +€2,019 | +693% |
| Recurring financial income | 75 | €291 | €2,310 | +€2,019 | +693% |
| Financial charges | 65/66B | €29,110 | €23,726 | -€5,383 | -18.5% |
| Recurring financial charges | 65 | €29,110 | €23,726 | -€5,383 | -18.5% |
| Profit (loss) for the period before taxes | 9903 | €70,992 | €75,654 | +€4,662 | +6.6% |
| Profit (loss) for the period | 9904 | €70,992 | €75,654 | +€4,662 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €70,992 | €75,654 | +€4,662 | +6.6% |
Source: filed annual accounts (NBB), financial years ended 20 February 2025 and 20 February 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.