AB CHAUFFAGE: 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.
AB CHAUFFAGE
Largest movements
- Tangible fixed assets -€17,938
down €17,938 (-67.5%), from €26,591 to €8,653
of which Furniture and vehicles: -€18,327
- Cash -€10,237
down €10,237 (-87.3%), from €11,725 to €1,488
mainly Trade debts (-€22,891) and Current portion of long-term debt (-€10,126)
- Stocks and contracts -€4,500
down €4,500 (-17.5%), from €25,750 to €21,250
- Trade debts -€22,891
down €22,891 (-45.8%), from €49,940 to €27,049
- Current portion of long-term debt -€10,126
down €10,126 (-81.3%), from €12,448 to €2,322
- Short-term financial debts +€10,000
new in 2025: €10,000
- Other debts -€4,247
down €4,247 (-5.5%), from €77,615 to €73,368
- Debts after one year -€2,509
no longer reported in 2025 (was €2,509)
- Depreciation -€8,263
down €8,263 (-56.7%), from €14,578 to €6,315
- Other operating charges +€6,994
up €6,994 (+512%), from €1,366 to €8,360
- Gross operating margin -€4,803
down €4,803 (-21.1%), from €22,778 to €17,975
- Financial charges -€811
down €811 (-32.0%), from €2,531 to €1,721
- Taxes -€616
down €616 (-57.1%), from €1,080 to €463
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 | €191,482 | €161,547 | -€29,936 | -15.6% |
| Fixed assets | 21/28 | €26,591 | €8,653 | -€17,938 | -67.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €26,591 | €8,653 | -€17,938 | -67.5% |
| Plant, machinery and equipment | 23 | €4,711 | €1,652 | -€3,060 | -64.9% |
| Furniture and vehicles | 24 | €21,880 | €3,553 | -€18,327 | -83.8% |
| Other tangible fixed assets | 26 | - | €3,448 | +€3,448 | |
| Current assets | 29/58 | €164,891 | €152,893 | -€11,998 | -7.3% |
| Stocks and contracts in progress | 3 | €25,750 | €21,250 | -€4,500 | -17.5% |
| Stocks | 30/36 | €25,750 | €21,250 | -€4,500 | -17.5% |
| Amounts receivable within one year | 40/41 | €120,456 | €122,017 | +€1,561 | +1.3% |
| Trade receivables | 40 | €108,144 | €111,635 | +€3,491 | +3.2% |
| Other amounts receivable | 41 | €12,312 | €10,381 | -€1,930 | -15.7% |
| Cash at bank and in hand | 54/58 | €11,725 | €1,488 | -€10,237 | -87.3% |
| Deferred charges and accrued income | 490/1 | €6,960 | €8,138 | +€1,178 | +16.9% |
| Total equity and liabilities | 10/49 | €191,482 | €161,547 | -€29,936 | -15.6% |
| Equity | 10/15 | €43,813 | €44,963 | +€1,150 | +2.6% |
| Contributions | 10/11 | €16,700 | €16,700 | = | 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 | €25,253 | €26,403 | +€1,150 | +4.6% |
| Amounts payable | 17/49 | €147,669 | €116,584 | -€31,085 | -21.1% |
| Amounts payable after more than one year | 17 | €2,509 | - | -€2,509 | |
| Financial debts | 170/4 | €2,509 | - | -€2,509 | |
| Amounts payable within one year | 42/48 | €145,160 | €116,584 | -€28,577 | -19.7% |
| Current portion of amounts payable after more than one year | 42 | €12,448 | €2,322 | -€10,126 | -81.3% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €49,940 | €27,049 | -€22,891 | -45.8% |
| Suppliers | 440/4 | €49,940 | €27,049 | -€22,891 | -45.8% |
| Taxes, remuneration and social security | 45 | €5,159 | €3,846 | -€1,313 | -25.5% |
| Taxes | 450/3 | €5,159 | €3,846 | -€1,313 | -25.5% |
| Other amounts payable | 47/48 | €77,615 | €73,368 | -€4,247 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,578 | €6,315 | -€8,263 | -56.7% |
| Other operating charges | 640/8 | €1,366 | €8,360 | +€6,994 | +512% |
| Gross operating margin | 9900 | €22,778 | €17,975 | -€4,803 | -21.1% |
| Operating profit (loss) | 9901 | €6,834 | €3,300 | -€3,535 | -51.7% |
| Financial income | 75/76B | €63 | €34 | -€29 | -46.3% |
| Recurring financial income | 75 | €63 | €34 | -€29 | -46.3% |
| Financial charges | 65/66B | €2,531 | €1,721 | -€811 | -32.0% |
| Recurring financial charges | 65 | €2,531 | €1,721 | -€811 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €4,367 | €1,613 | -€2,753 | -63.1% |
| Income taxes | 67/77 | €1,080 | €463 | -€616 | -57.1% |
| Profit (loss) for the period | 9904 | €3,287 | €1,150 | -€2,137 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,287 | €1,150 | -€2,137 | -65.0% |
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 19 October 2026 via checked.be.