BAELE- CHERPADVI: 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.
BAELE- CHERPADVI
Largest movements
- Stocks and contracts -€7,140
down €7,140 (-74.1%), from €9,640 to €2,500
- Receivables within one year -€2,984
down €2,984 (-14.2%), from €20,941 to €17,957
of which Trade receivables: -€2,984
- Profit (loss) carried forward -€10,126
down €10,126 (-10.2%), from -€99,596 to -€109,722
- Short-term financial debts +€2,463
up €2,463 (+7.9%), from €31,035 to €33,498
- Trade debts -€2,158
no longer reported in 2025 (was €2,158)
- Gross operating margin -€12,277
down €12,277, from €8,651 to -€3,626
- Purchases and services +€10,182
new in 2025: €10,182
- Turnover +€6,555
new in 2025: €6,555
- Financial charges +€504
up €504 (+9.4%), from €5,338 to €5,842
of which Non-recurring financial charges: +€3,460
- Other operating charges -€223
down €223 (-25.3%), from €881 to €658
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €63,811 | €53,687 | -€10,124 | -15.9% |
| Fixed assets | 21/28 | €33,230 | €33,230 | = | 0.0% |
| Tangible fixed assets | 22/27 | €33,230 | €33,230 | = | 0.0% |
| Land and buildings | 22 | €33,230 | €33,230 | = | 0.0% |
| Current assets | 29/58 | €30,581 | €20,457 | -€10,124 | -33.1% |
| Stocks and contracts in progress | 3 | €9,640 | €2,500 | -€7,140 | -74.1% |
| Contracts in progress | 37 | €9,640 | €2,500 | -€7,140 | -74.1% |
| Amounts receivable within one year | 40/41 | €20,941 | €17,957 | -€2,984 | -14.2% |
| Trade receivables | 40 | €8,414 | €5,430 | -€2,984 | -35.5% |
| Other amounts receivable | 41 | €12,527 | €12,527 | = | 0.0% |
| Total equity and liabilities | 10/49 | €63,811 | €53,687 | -€10,124 | -15.9% |
| Equity | 10/15 | €18,875 | €8,749 | -€10,126 | -53.6% |
| Contributions | 10/11 | €116,612 | €116,612 | = | 0.0% |
| Capital | 10 | €116,612 | €116,612 | = | 0.0% |
| Issued capital | 100 | €116,612 | €116,612 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,596 | -€109,722 | -€10,126 | -10.2% |
| Amounts payable | 17/49 | €44,936 | €44,938 | +€2 | 0.0% |
| Amounts payable after more than one year | 17 | €6,598 | €6,598 | = | 0.0% |
| Financial debts | 170/4 | €6,598 | €6,598 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,035 | €38,340 | +€305 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €4,842 | €4,842 | = | 0.0% |
| Financial debts | 43 | €31,035 | €33,498 | +€2,463 | +7.9% |
| Credit institutions | 430/8 | €31,035 | €33,498 | +€2,463 | +7.9% |
| Trade debts | 44 | €2,158 | - | -€2,158 | |
| Suppliers | 440/4 | €2,158 | - | -€2,158 | |
| Accrued charges and deferred income | 492/3 | €303 | - | -€303 | |
| Turnover | 70 | - | €6,555 | +€6,555 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €10,182 | +€10,182 | |
| Other operating charges | 640/8 | €881 | €658 | -€223 | -25.3% |
| Gross operating margin | 9900 | €8,651 | -€3,626 | -€12,277 | |
| Operating profit (loss) | 9901 | €7,770 | -€4,284 | -€12,054 | |
| Financial charges | 65/66B | €5,338 | €5,842 | +€504 | +9.4% |
| Recurring financial charges | 65 | €5,338 | €2,382 | -€2,956 | -55.4% |
| Non-recurring financial charges | 66B | - | €3,460 | +€3,460 | |
| Profit (loss) for the period before taxes | 9903 | €2,432 | -€10,126 | -€12,558 | |
| Profit (loss) for the period | 9904 | €2,432 | -€10,126 | -€12,558 | |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €2,432 | -€10,126 | -€12,558 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.