"AR 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.
"AR CHAUFFAGE"
Largest movements
- Receivables within one year +€55,231
up €55,231 (+149%), from €37,164 to €92,395
of which Other amounts receivable: +€47,881
- Cash -€24,082
down €24,082 (-79.8%), from €30,192 to €6,110
mainly Receivables within one year (-€55,231) and Other debts (-€20,465)
- Stocks and contracts -€2,952
down €2,952 (-33.7%), from €8,757 to €5,804
- Tangible fixed assets +€2,761
up €2,761 (+133%), from €2,070 to €4,831
of which Furniture and vehicles: +€3,126
- Profit (loss) carried forward +€28,026
up €28,026 (+150%), from €18,746 to €46,772
- Other debts -€20,465
no longer reported in 2025 (was €20,465)
- Trade debts +€11,577
up €11,577 (+50.4%), from €22,969 to €34,545
- Tax, wage and social debts +€11,504
up €11,504 (+73.4%), from €15,675 to €27,179
of which Taxes: +€9,271
- Gross operating margin +€42,809
up €42,809 (+52.5%), from €81,472 to €124,281
- Staff costs +€22,983
up €22,983 (+38.0%), from €60,499 to €83,482
- Taxes +€7,074
up €7,074 (+145%), from €4,884 to €11,957
- Depreciation +€1,254
up €1,254 (+245%), from €512 to €1,766
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 | €84,307 | €114,696 | +€30,389 | +36.0% |
| Fixed assets | 21/28 | €2,070 | €4,831 | +€2,761 | +133% |
| Tangible fixed assets | 22/27 | €2,070 | €4,831 | +€2,761 | +133% |
| Plant, machinery and equipment | 23 | €611 | €246 | -€365 | -59.7% |
| Furniture and vehicles | 24 | €1,459 | €4,585 | +€3,126 | +214% |
| Current assets | 29/58 | €82,236 | €109,865 | +€27,629 | +33.6% |
| Stocks and contracts in progress | 3 | €8,757 | €5,804 | -€2,952 | -33.7% |
| Stocks | 30/36 | €8,757 | €5,804 | -€2,952 | -33.7% |
| Amounts receivable within one year | 40/41 | €37,164 | €92,395 | +€55,231 | +149% |
| Trade receivables | 40 | €9,097 | €16,447 | +€7,350 | +80.8% |
| Other amounts receivable | 41 | €28,067 | €75,948 | +€47,881 | +171% |
| Cash at bank and in hand | 54/58 | €30,192 | €6,110 | -€24,082 | -79.8% |
| Deferred charges and accrued income | 490/1 | €6,124 | €5,556 | -€568 | -9.3% |
| Total equity and liabilities | 10/49 | €84,307 | €114,696 | +€30,389 | +36.0% |
| Equity | 10/15 | €24,946 | €52,972 | +€28,026 | +112% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,746 | €46,772 | +€28,026 | +150% |
| Amounts payable | 17/49 | €59,361 | €61,724 | +€2,363 | +4.0% |
| Amounts payable within one year | 42/48 | €59,361 | €61,724 | +€2,363 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €252 | - | -€252 | |
| Trade debts | 44 | €22,969 | €34,545 | +€11,577 | +50.4% |
| Suppliers | 440/4 | €22,969 | €34,545 | +€11,577 | +50.4% |
| Taxes, remuneration and social security | 45 | €15,675 | €27,179 | +€11,504 | +73.4% |
| Taxes | 450/3 | €2,436 | €11,707 | +€9,271 | +381% |
| Remuneration and social security | 454/9 | €13,239 | €15,472 | +€2,233 | +16.9% |
| Other amounts payable | 47/48 | €20,465 | - | -€20,465 | |
| Non-recurring operating income | 76A | €3,486 | - | -€3,486 | |
| Remuneration, social security and pensions | 62 | €60,499 | €83,482 | +€22,983 | +38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €512 | €1,766 | +€1,254 | +245% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €230 | €1,350 | +€1,120 | +487% |
| Other operating charges | 640/8 | €404 | €602 | +€198 | +49.0% |
| Non-recurring operating charges | 66A | €319 | - | -€319 | |
| Gross operating margin | 9900 | €81,472 | €124,281 | +€42,809 | +52.5% |
| Operating profit (loss) | 9901 | €19,508 | €37,082 | +€17,574 | +90.1% |
| Financial income | 75/76B | €2,258 | €3,095 | +€837 | +37.1% |
| Recurring financial income | 75 | €2,258 | €3,095 | +€837 | +37.1% |
| Non-recurring financial income | 76B | €2,258 | €3,095 | +€837 | +37.1% |
| Financial charges | 65/66B | €235 | €193 | -€42 | -17.7% |
| Recurring financial charges | 65 | €235 | €193 | -€42 | -17.7% |
| Profit (loss) for the period before taxes | 9903 | €21,531 | €39,983 | +€18,452 | +85.7% |
| Income taxes | 67/77 | €4,884 | €11,957 | +€7,074 | +145% |
| Profit (loss) for the period | 9904 | €16,647 | €28,026 | +€11,379 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,647 | €28,026 | +€11,379 | +68.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.