AND CHAPE: 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.
AND CHAPE
Largest movements
- Cash +€12,709
new in 2025: €12,709
mainly Other debts (+€15,421) and Net result for the year (+€9,862)
- Deferred charges and accrued income -€3,324
down €3,324 (-40.2%), from €8,264 to €4,940
- Tangible fixed assets +€2,376
up €2,376 (+216%), from €1,098 to €3,474
- Other debts +€15,421
up €15,421 (+2,650%), from €582 to €16,003
- Profit (loss) carried forward +€9,862
up €9,862 (+27.5%), from -€35,829 to -€25,967
- Short-term financial debts -€9,318
down €9,318 (-15.7%), from €59,318 to €50,000
- Trade debts -€2,350
down €2,350 (-23.1%), from €10,182 to €7,832
- Tax, wage and social debts -€1,626
down €1,626 (-50.0%), from €3,251 to €1,625
of which Remuneration and social security: -€1,626
- Gross operating margin +€41,721
up €41,721 (+149%), from €27,912 to €69,633
- Financial charges -€11,060
down €11,060 (-67.9%), from €16,298 to €5,238
of which Non-recurring financial charges: -€9,102
- Staff costs +€4,801
up €4,801 (+10.2%), from €47,117 to €51,918
- Depreciation +€1,510
up €1,510 (+1,208%), from €125 to €1,635
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 | €50,785 | €63,112 | +€12,327 | +24.3% |
| Fixed assets | 21/28 | €1,396 | €3,772 | +€2,376 | +170% |
| Tangible fixed assets | 22/27 | €1,098 | €3,474 | +€2,376 | +216% |
| Furniture and vehicles | 24 | €1,098 | €3,474 | +€2,376 | +216% |
| Financial fixed assets | 28 | €298 | €298 | = | 0.0% |
| Current assets | 29/58 | €49,389 | €59,340 | +€9,951 | +20.1% |
| Amounts receivable within one year | 40/41 | €41,125 | €41,691 | +€566 | +1.4% |
| Trade receivables | 40 | €7,205 | €14,468 | +€7,263 | +101% |
| Other amounts receivable | 41 | €33,920 | €27,223 | -€6,697 | -19.7% |
| Cash at bank and in hand | 54/58 | - | €12,709 | +€12,709 | |
| Deferred charges and accrued income | 490/1 | €8,264 | €4,940 | -€3,324 | -40.2% |
| Total equity and liabilities | 10/49 | €50,785 | €63,112 | +€12,327 | +24.3% |
| Equity | 10/15 | -€24,629 | -€14,767 | +€9,862 | +40.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,829 | -€25,967 | +€9,862 | +27.5% |
| Amounts payable | 17/49 | €75,414 | €77,879 | +€2,465 | +3.3% |
| Amounts payable within one year | 42/48 | €75,414 | €77,529 | +€2,115 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €2,081 | €2,069 | -€12 | -0.6% |
| Financial debts | 43 | €59,318 | €50,000 | -€9,318 | -15.7% |
| Credit institutions | 430/8 | €59,318 | €50,000 | -€9,318 | -15.7% |
| Trade debts | 44 | €10,182 | €7,832 | -€2,350 | -23.1% |
| Suppliers | 440/4 | €10,182 | €7,832 | -€2,350 | -23.1% |
| Taxes, remuneration and social security | 45 | €3,251 | €1,625 | -€1,626 | -50.0% |
| Taxes | 450/3 | €236 | €236 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,015 | €1,389 | -€1,626 | -53.9% |
| Other amounts payable | 47/48 | €582 | €16,003 | +€15,421 | +2,650% |
| Accrued charges and deferred income | 492/3 | - | €350 | +€350 | |
| Remuneration, social security and pensions | 62 | €47,117 | €51,918 | +€4,801 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €125 | €1,635 | +€1,510 | +1,208% |
| Other operating charges | 640/8 | €1,065 | €780 | -€285 | -26.8% |
| Gross operating margin | 9900 | €27,912 | €69,633 | +€41,721 | +149% |
| Operating profit (loss) | 9901 | -€20,395 | €15,300 | +€35,695 | |
| Financial charges | 65/66B | €16,298 | €5,238 | -€11,060 | -67.9% |
| Recurring financial charges | 65 | €7,196 | €5,238 | -€1,958 | -27.2% |
| Non-recurring financial charges | 66B | €9,102 | - | -€9,102 | |
| Profit (loss) for the period before taxes | 9903 | -€36,693 | €10,062 | +€46,755 | |
| Income taxes | 67/77 | €198 | €200 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€36,891 | €9,862 | +€46,753 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,891 | €9,862 | +€46,753 |
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 30 October 2026 via checked.be.