Chabelle: 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.
Chabelle
Largest movements
- Receivables after one year +€92,840
up €92,840 (+86.6%), from €107,160 to €200,000
- Cash -€58,552
down €58,552 (-43.3%), from €135,172 to €76,621
mainly Receivables after one year (-€92,840) and Investment in fixed assets (net) (-€25,905)
- Deferred charges and accrued income +€15,014
up €15,014 (+4,490%), from €334 to €15,349
- Tangible fixed assets +€14,198
up €14,198 (+32.7%), from €43,478 to €57,676
of which Furniture and vehicles: +€15,413
- Reserves +€61,415
up €61,415 (+39.1%), from €156,925 to €218,340
of which Distributable reserves: +€61,415
- Current portion of long-term debt -€16,095
down €16,095 (-51.3%), from €31,362 to €15,267
- Tax, wage and social debts +€10,427
up €10,427 (+8.0%), from €129,649 to €140,077
of which Taxes: +€6,076
- Debts after one year +€7,898
up €7,898 (+32.6%), from €24,233 to €32,131
- Staff costs +€74,963
up €74,963 (+23.6%), from €317,359 to €392,322
- Gross operating margin +€44,001
up €44,001 (+9.7%), from €455,901 to €499,902
- Financial income +€8,899
up €8,899 (+730%), from €1,220 to €10,118
- Taxes -€5,768
down €5,768 (-16.5%), from €34,883 to €29,115
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 | €361,145 | €421,416 | +€60,272 | +16.7% |
| Fixed assets | 21/28 | €43,628 | €57,826 | +€14,198 | +32.5% |
| Tangible fixed assets | 22/27 | €43,478 | €57,676 | +€14,198 | +32.7% |
| Plant, machinery and equipment | 23 | €115 | €0 | -€115 | -100% |
| Furniture and vehicles | 24 | €35,298 | €50,711 | +€15,413 | +43.7% |
| Other tangible fixed assets | 26 | €8,065 | €6,965 | -€1,100 | -13.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €317,516 | €363,590 | +€46,074 | +14.5% |
| Amounts receivable after more than one year | 29 | €107,160 | €200,000 | +€92,840 | +86.6% |
| Other amounts receivable | 291 | €107,160 | €200,000 | +€92,840 | +86.6% |
| Amounts receivable within one year | 40/41 | €74,850 | €71,621 | -€3,229 | -4.3% |
| Trade receivables | 40 | €74,148 | €70,375 | -€3,773 | -5.1% |
| Other amounts receivable | 41 | €702 | €1,246 | +€544 | +77.5% |
| Cash at bank and in hand | 54/58 | €135,172 | €76,621 | -€58,552 | -43.3% |
| Deferred charges and accrued income | 490/1 | €334 | €15,349 | +€15,014 | +4,490% |
| Total equity and liabilities | 10/49 | €361,145 | €421,416 | +€60,272 | +16.7% |
| Equity | 10/15 | €163,125 | €224,540 | +€61,415 | +37.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,925 | €218,340 | +€61,415 | +39.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €156,925 | €218,340 | +€61,415 | +39.1% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €198,020 | €196,877 | -€1,143 | -0.6% |
| Amounts payable after more than one year | 17 | €24,233 | €32,131 | +€7,898 | +32.6% |
| Financial debts | 170/4 | €24,233 | €32,131 | +€7,898 | +32.6% |
| Amounts payable within one year | 42/48 | €173,787 | €164,745 | -€9,041 | -5.2% |
| Current portion of amounts payable after more than one year | 42 | €31,362 | €15,267 | -€16,095 | -51.3% |
| Trade debts | 44 | €12,776 | €9,402 | -€3,374 | -26.4% |
| Suppliers | 440/4 | €12,776 | €9,402 | -€3,374 | -26.4% |
| Taxes, remuneration and social security | 45 | €129,649 | €140,077 | +€10,427 | +8.0% |
| Taxes | 450/3 | €48,230 | €54,306 | +€6,076 | +12.6% |
| Remuneration and social security | 454/9 | €81,419 | €85,771 | +€4,352 | +5.3% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €317,359 | €392,322 | +€74,963 | +23.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,050 | €11,707 | +€1,657 | +16.5% |
| Other operating charges | 640/8 | €16,578 | €12,392 | -€4,185 | -25.2% |
| Gross operating margin | 9900 | €455,901 | €499,902 | +€44,001 | +9.7% |
| Operating profit (loss) | 9901 | €111,915 | €83,481 | -€28,434 | -25.4% |
| Financial income | 75/76B | €1,220 | €10,118 | +€8,899 | +730% |
| Recurring financial income | 75 | €1,220 | €10,118 | +€8,899 | +730% |
| Financial charges | 65/66B | €2,490 | €3,070 | +€580 | +23.3% |
| Recurring financial charges | 65 | €2,490 | €3,070 | +€580 | +23.3% |
| Profit (loss) for the period before taxes | 9903 | €110,645 | €90,530 | -€20,115 | -18.2% |
| Income taxes | 67/77 | €34,883 | €29,115 | -€5,768 | -16.5% |
| Profit (loss) for the period | 9904 | €75,761 | €61,415 | -€14,347 | -18.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75,761 | €61,415 | -€14,347 | -18.9% |
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.