CHABEAU: 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.
CHABEAU
Largest movements
- Stocks and contracts -€4,837
down €4,837 (-4.7%), from €102,818 to €97,980
- Trade debts -€15,931
down €15,931 (-28.2%), from €56,590 to €40,659
- Other debts +€7,021
up €7,021 (+755.0%), from €930 to €7,951
- Tax, wage and social debts +€5,291
up €5,291 (+58.2%), from €9,091 to €14,382
- Short-term financial debts -€1,822
down €1,822 (-13.6%), from €13,384 to €11,561
- Gross operating margin +€8,141
up €8,141, from -€1,316 to €6,825
- Taxes +€1,202
up €1,202 (+428.7%), from €280 to €1,482
- Other operating charges -€603
down €603 (-31.1%), from €1,938 to €1,334
- Financial charges +€592
up €592 (+19.2%), from €3,087 to €3,678
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 | €110,510 | €104,582 | -€5,927 | -5.4% |
| Fixed assets | 21/28 | €2,765 | €2,463 | -€303 | -10.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €640 | €338 | -€303 | -47.3% |
| Plant, machinery and equipment | 23 | €640 | €338 | -€303 | -47.3% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €2,125 | €2,125 | = | 0.0% |
| Current assets | 29/58 | €107,744 | €102,120 | -€5,625 | -5.2% |
| Stocks and contracts in progress | 3 | €102,818 | €97,980 | -€4,837 | -4.7% |
| Stocks | 30/36 | €102,818 | €97,980 | -€4,837 | -4.7% |
| Amounts receivable within one year | 40/41 | €4,454 | €3,513 | -€941 | -21.1% |
| Trade receivables | 40 | €1,425 | €295 | -€1,130 | -79.3% |
| Other amounts receivable | 41 | €3,029 | €3,218 | +€189 | +6.2% |
| Cash at bank and in hand | 54/58 | €473 | €626 | +€154 | +32.5% |
| Total equity and liabilities | 10/49 | €110,510 | €104,582 | -€5,927 | -5.4% |
| Equity | 10/15 | €29,812 | €30,029 | +€217 | +0.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,048 | -€6,831 | +€217 | +3.1% |
| Amounts payable | 17/49 | €80,698 | €74,553 | -€6,145 | -7.6% |
| Amounts payable after more than one year | 17 | €354 | - | -€354 | |
| Financial debts | 170/4 | €354 | - | -€354 | |
| Amounts payable within one year | 42/48 | €80,343 | €74,553 | -€5,790 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €349 | - | -€349 | |
| Financial debts | 43 | €13,384 | €11,561 | -€1,822 | -13.6% |
| Credit institutions | 430/8 | €13,384 | €11,561 | -€1,822 | -13.6% |
| Trade debts | 44 | €56,590 | €40,659 | -€15,931 | -28.2% |
| Suppliers | 440/4 | €56,590 | €40,659 | -€15,931 | -28.2% |
| Taxes, remuneration and social security | 45 | €9,091 | €14,382 | +€5,291 | +58.2% |
| Taxes | 450/3 | €9,091 | €14,382 | +€5,291 | +58.2% |
| Other amounts payable | 47/48 | €930 | €7,951 | +€7,021 | +755.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €268 | €303 | +€35 | +13.0% |
| Other operating charges | 640/8 | €1,938 | €1,334 | -€603 | -31.1% |
| Gross operating margin | 9900 | -€1,316 | €6,825 | +€8,141 | |
| Operating profit (loss) | 9901 | -€3,521 | €5,188 | +€8,709 | |
| Financial income | 75/76B | €201 | €190 | -€11 | -5.3% |
| Recurring financial income | 75 | €201 | €190 | -€11 | -5.3% |
| Financial charges | 65/66B | €3,087 | €3,678 | +€592 | +19.2% |
| Recurring financial charges | 65 | €3,087 | €3,678 | +€592 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | -€6,407 | €1,700 | +€8,107 | |
| Income taxes | 67/77 | €280 | €1,482 | +€1,202 | +428.7% |
| Profit (loss) for the period | 9904 | -€6,688 | €217 | +€6,905 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,688 | €217 | +€6,905 |
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.