Ch.J. Concept: 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.
Ch.J. Concept
Largest movements
- Receivables within one year -€50,762
down €50,762 (-52.1%), from €97,444 to €46,682
of which Trade receivables: -€47,920
- Stocks and contracts +€32,006
up €32,006 (+17.1%), from €186,994 to €219,000
- Cash -€16,746
down €16,746 (-77.2%), from €21,689 to €4,943
mainly Trade debts (-€69,497) and Stocks and contracts (-€32,006)
- Tangible fixed assets -€14,215
down €14,215 (-11.2%), from €126,977 to €112,762
of which Furniture and vehicles: -€8,751
- Trade debts -€69,497
down €69,497 (-75.7%), from €91,841 to €22,344
- Profit (loss) carried forward +€18,271
up €18,271 (+10.7%), from €170,872 to €189,143
- Tax, wage and social debts +€6,638
up €6,638 (+45.4%), from €14,619 to €21,257
of which Remuneration and social security: +€6,084
- Staff costs -€11,915
down €11,915 (-33.3%), from €35,770 to €23,855
- Financial charges +€4,305
up €4,305 (+118.6%), from €3,628 to €7,933
- Other operating charges -€3,644
down €3,644 (-83.3%), from €4,376 to €732
- Gross operating margin +€3,385
up €3,385 (+5.0%), from €67,392 to €70,777
- Depreciation +€1,223
up €1,223 (+8.6%), from €14,143 to €15,366
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 | €434,313 | €383,932 | -€50,381 | -11.6% |
| Fixed assets | 21/28 | €126,977 | €112,762 | -€14,215 | -11.2% |
| Tangible fixed assets | 22/27 | €126,977 | €112,762 | -€14,215 | -11.2% |
| Land and buildings | 22 | €96,396 | €92,022 | -€4,374 | -4.5% |
| Plant, machinery and equipment | 23 | €2,187 | €1,097 | -€1,090 | -49.8% |
| Furniture and vehicles | 24 | €28,394 | €19,643 | -€8,751 | -30.8% |
| Current assets | 29/58 | €307,336 | €271,170 | -€36,166 | -11.8% |
| Stocks and contracts in progress | 3 | €186,994 | €219,000 | +€32,006 | +17.1% |
| Stocks | 30/36 | €186,994 | €219,000 | +€32,006 | +17.1% |
| Amounts receivable within one year | 40/41 | €97,444 | €46,682 | -€50,762 | -52.1% |
| Trade receivables | 40 | €92,266 | €44,346 | -€47,920 | -51.9% |
| Other amounts receivable | 41 | €5,178 | €2,336 | -€2,842 | -54.9% |
| Cash at bank and in hand | 54/58 | €21,689 | €4,943 | -€16,746 | -77.2% |
| Deferred charges and accrued income | 490/1 | €1,208 | €545 | -€663 | -54.9% |
| Total equity and liabilities | 10/49 | €434,313 | €383,932 | -€50,381 | -11.6% |
| Equity | 10/15 | €191,332 | €209,603 | +€18,271 | +9.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 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 | €170,872 | €189,143 | +€18,271 | +10.7% |
| Amounts payable | 17/49 | €242,981 | €174,329 | -€68,652 | -28.3% |
| Amounts payable after more than one year | 17 | €58,230 | €55,313 | -€2,917 | -5.0% |
| Financial debts | 170/4 | €58,230 | €55,313 | -€2,917 | -5.0% |
| Amounts payable within one year | 42/48 | €183,327 | €118,516 | -€64,811 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €48,000 | €50,000 | +€2,000 | +4.2% |
| Financial debts | 43 | €5,841 | €4,713 | -€1,128 | -19.3% |
| Credit institutions | 430/8 | €5,841 | €4,713 | -€1,128 | -19.3% |
| Trade debts | 44 | €91,841 | €22,344 | -€69,497 | -75.7% |
| Suppliers | 440/4 | €91,841 | €22,344 | -€69,497 | -75.7% |
| Taxes, remuneration and social security | 45 | €14,619 | €21,257 | +€6,638 | +45.4% |
| Taxes | 450/3 | €11,624 | €12,178 | +€554 | +4.8% |
| Remuneration and social security | 454/9 | €2,995 | €9,079 | +€6,084 | +203.2% |
| Other amounts payable | 47/48 | €23,026 | €20,202 | -€2,824 | -12.3% |
| Accrued charges and deferred income | 492/3 | €1,424 | €500 | -€924 | -64.9% |
| Remuneration, social security and pensions | 62 | €35,770 | €23,855 | -€11,915 | -33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,143 | €15,366 | +€1,223 | +8.6% |
| Other operating charges | 640/8 | €4,376 | €732 | -€3,644 | -83.3% |
| Gross operating margin | 9900 | €67,392 | €70,777 | +€3,385 | +5.0% |
| Operating profit (loss) | 9901 | €13,102 | €30,824 | +€17,722 | +135.3% |
| Financial income | 75/76B | €2 | €52 | +€50 | +3129.8% |
| Recurring financial income | 75 | €2 | €52 | +€50 | +3129.8% |
| Financial charges | 65/66B | €3,628 | €7,933 | +€4,305 | +118.6% |
| Recurring financial charges | 65 | €3,628 | €7,933 | +€4,305 | +118.6% |
| Profit (loss) for the period before taxes | 9903 | €9,476 | €22,943 | +€13,467 | +142.1% |
| Income taxes | 67/77 | €3,892 | €4,673 | +€781 | +20.1% |
| Profit (loss) for the period | 9904 | €5,583 | €18,270 | +€12,687 | +227.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,583 | €18,270 | +€12,687 | +227.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.