CHABELI: 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.
CHABELI
Largest movements
- Deferred charges and accrued income +€24,066
up €24,066 (+1345.4%), from €1,789 to €25,855
- Tangible fixed assets -€20,807
down €20,807 (-25.7%), from €80,969 to €60,162
- Receivables within one year -€14,988
down €14,988 (-30.2%), from €49,575 to €34,587
of which Trade receivables: -€27,624
- Cash -€8,072
down €8,072 (-61.1%), from €13,213 to €5,142
mainly Trade debts (-€41,050) and Deferred charges and accrued income (-€24,066)
- Current investments +€3,146
new in 2025: €3,146
- Trade debts -€41,050
down €41,050 (-67.0%), from €61,294 to €20,245
- Advances received +€37,541
up €37,541 (+441.7%), from €8,500 to €46,041
- Accrued charges and deferred income -€8,721
no longer reported in 2025 (was €8,721)
- Other debts -€6,018
no longer reported in 2025 (was €6,018)
- Profit (loss) carried forward +€2,868
up €2,868 (+4.6%), from €62,160 to €65,028
- Financial charges -€1,401
down €1,401 (-62.6%), from €2,238 to €837
- Other operating charges -€1,062
down €1,062 (-43.1%), from €2,466 to €1,404
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 | €151,495 | €134,841 | -€16,654 | -11.0% |
| Fixed assets | 21/28 | €86,919 | €66,112 | -€20,807 | -23.9% |
| Tangible fixed assets | 22/27 | €80,969 | €60,162 | -€20,807 | -25.7% |
| Plant, machinery and equipment | 23 | €80,969 | €60,162 | -€20,807 | -25.7% |
| Financial fixed assets | 28 | €5,950 | €5,950 | = | 0.0% |
| Current assets | 29/58 | €64,577 | €68,729 | +€4,153 | +6.4% |
| Amounts receivable within one year | 40/41 | €49,575 | €34,587 | -€14,988 | -30.2% |
| Trade receivables | 40 | €34,966 | €7,343 | -€27,624 | -79.0% |
| Other amounts receivable | 41 | €14,608 | €27,244 | +€12,636 | +86.5% |
| Current investments | 50/53 | - | €3,146 | +€3,146 | |
| Cash at bank and in hand | 54/58 | €13,213 | €5,142 | -€8,072 | -61.1% |
| Deferred charges and accrued income | 490/1 | €1,789 | €25,855 | +€24,066 | +1345.4% |
| Total equity and liabilities | 10/49 | €151,495 | €134,841 | -€16,654 | -11.0% |
| Equity | 10/15 | €64,660 | €67,528 | +€2,868 | +4.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,160 | €65,028 | +€2,868 | +4.6% |
| Amounts payable | 17/49 | €86,835 | €67,313 | -€19,522 | -22.5% |
| Amounts payable within one year | 42/48 | €78,114 | €67,313 | -€10,800 | -13.8% |
| Trade debts | 44 | €61,294 | €20,245 | -€41,050 | -67.0% |
| Suppliers | 440/4 | €61,294 | €20,245 | -€41,050 | -67.0% |
| Advances received on contracts in progress | 46 | €8,500 | €46,041 | +€37,541 | +441.7% |
| Taxes, remuneration and social security | 45 | €2,302 | €1,027 | -€1,274 | -55.4% |
| Taxes | 450/3 | - | €1,027 | +€1,027 | |
| Remuneration and social security | 454/9 | €2,302 | - | -€2,302 | |
| Other amounts payable | 47/48 | €6,018 | - | -€6,018 | |
| Accrued charges and deferred income | 492/3 | €8,721 | - | -€8,721 | |
| Non-recurring operating income | 76A | €1,136 | €5,471 | +€4,335 | +381.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,735 | €20,807 | +€72 | +0.3% |
| Other operating charges | 640/8 | €2,466 | €1,404 | -€1,062 | -43.1% |
| Gross operating margin | 9900 | €25,711 | €25,914 | +€203 | +0.8% |
| Operating profit (loss) | 9901 | €2,510 | €3,703 | +€1,193 | +47.5% |
| Financial income | 75/76B | €5 | €1 | -€3 | -69.9% |
| Recurring financial income | 75 | €5 | €1 | -€3 | -69.9% |
| Financial charges | 65/66B | €2,238 | €837 | -€1,401 | -62.6% |
| Recurring financial charges | 65 | €2,238 | €837 | -€1,401 | -62.6% |
| Profit (loss) for the period before taxes | 9903 | €277 | €2,868 | +€2,591 | +936.2% |
| Profit (loss) for the period | 9904 | €277 | €2,868 | +€2,591 | +936.2% |
| Profit (loss) for the period to be appropriated | 9905 | €277 | €2,868 | +€2,591 | +936.2% |
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 12 October 2026 via checked.be.