ALEXANDRE CHASSIS: what changed
Two fiscal 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.
ALEXANDRE CHASSIS
Largest movements
- Cash +€23,331
up €23,331 (+28.8%), from €81,005 to €104,336
mainly Net result for the year (+€34,551) and Trade debts (+€6,179)
- Receivables within one year +€8,493
up €8,493 (+46.2%), from €18,378 to €26,871
of which Trade receivables: +€4,304
- Tangible fixed assets -€4,430
down €4,430 (-48.6%), from €9,115 to €4,685
- Profit (loss) carried forward +€16,904
up €16,904 (+19.2%), from €88,265 to €105,168
- Trade debts +€6,179
up €6,179 (+450.4%), from €1,372 to €7,551
- Tax, wage and social debts +€3,926
up €3,926 (+219340.8%), from €2 to €3,928
of which Taxes: +€3,926
- Short-term financial debts +€3,500
up €3,500 (+38.9%), from €9,000 to €12,500
- Debts after one year -€2,922
down €2,922 (-51.2%), from €5,708 to €2,786
- Gross operating margin +€10,824
up €10,824 (+26.8%), from €40,378 to €51,202
- Taxes +€1,565
up €1,565 (+19.6%), from €7,984 to €9,549
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.
Cash bridge derived
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 | €112,576 | €140,113 | +€27,538 | +24.5% |
| Fixed assets | 21/28 | €9,115 | €4,685 | -€4,430 | -48.6% |
| Tangible fixed assets | 22/27 | €9,115 | €4,685 | -€4,430 | -48.6% |
| Furniture and vehicles | 24 | €9,115 | €4,685 | -€4,430 | -48.6% |
| Current assets | 29/58 | €103,461 | €135,428 | +€31,967 | +30.9% |
| Stocks and contracts in progress | 3 | €1,257 | €1,050 | -€207 | -16.5% |
| Stocks | 30/36 | €1,257 | €1,050 | -€207 | -16.5% |
| Amounts receivable within one year | 40/41 | €18,378 | €26,871 | +€8,493 | +46.2% |
| Trade receivables | 40 | €13,074 | €17,378 | +€4,304 | +32.9% |
| Other amounts receivable | 41 | €5,303 | €9,493 | +€4,189 | +79.0% |
| Cash at bank and in hand | 54/58 | €81,005 | €104,336 | +€23,331 | +28.8% |
| Deferred charges and accrued income | 490/1 | €2,821 | €3,171 | +€351 | +12.4% |
| Total equity and liabilities | 10/49 | €112,576 | €140,113 | +€27,538 | +24.5% |
| Equity | 10/15 | €93,265 | €110,168 | +€16,904 | +18.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,265 | €105,168 | +€16,904 | +19.2% |
| Amounts payable | 17/49 | €19,311 | €29,945 | +€10,634 | +55.1% |
| Amounts payable after more than one year | 17 | €5,708 | €2,786 | -€2,922 | -51.2% |
| Financial debts | 170/4 | €5,708 | €2,786 | -€2,922 | -51.2% |
| Amounts payable within one year | 42/48 | €13,345 | €26,901 | +€13,556 | +101.6% |
| Current portion of amounts payable after more than one year | 42 | €2,805 | €2,922 | +€117 | +4.2% |
| Financial debts | 43 | €9,000 | €12,500 | +€3,500 | +38.9% |
| Credit institutions | 430/8 | €9,000 | €12,500 | +€3,500 | +38.9% |
| Trade debts | 44 | €1,372 | €7,551 | +€6,179 | +450.4% |
| Suppliers | 440/4 | €1,372 | €7,551 | +€6,179 | +450.4% |
| Taxes, remuneration and social security | 45 | €2 | €3,928 | +€3,926 | +219340.8% |
| Taxes | 450/3 | €2 | €3,928 | +€3,926 | +219340.8% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €166 | €0 | -€166 | -100.0% |
| Accrued charges and deferred income | 492/3 | €258 | €258 | = | 0.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,410 | €5,493 | +€83 | +1.5% |
| Other operating charges | 640/8 | €1,070 | €986 | -€84 | -7.8% |
| Gross operating margin | 9900 | €40,378 | €51,202 | +€10,824 | +26.8% |
| Operating profit (loss) | 9901 | €33,898 | €44,723 | +€10,825 | +31.9% |
| Financial income | 75/76B | €9 | €1 | -€8 | -84.6% |
| Recurring financial income | 75 | €9 | €1 | -€8 | -84.6% |
| Financial charges | 65/66B | €682 | €624 | -€58 | -8.4% |
| Recurring financial charges | 65 | €682 | €624 | -€58 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €33,226 | €44,100 | +€10,875 | +32.7% |
| Income taxes | 67/77 | €7,984 | €9,549 | +€1,565 | +19.6% |
| Profit (loss) for the period | 9904 | €25,241 | €34,551 | +€9,309 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,241 | €34,551 | +€9,309 | +36.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.