CHABER: 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.
What changed
CHABER
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€158,608
2024 · -€75,264+€233,872
Equity
€1.4m
2024 · €1.3m+€158,608
Cash
€187,620
2024 · €150,279+€37,341
Balance sheet total
€7.6m
2024 · €5.2m+€2.4m
Largest movements
Assets
- Tangible fixed assets +€2.2m
up €2.2m (+45.7%), from €4.9m to €7.1m
of which Assets under construction and advance payments: +€2.5m
- Current investments +€154,686
up €154,686 (+6805.2%), from €2,273 to €156,959
Equity and liabilities
- Debts after one year +€1.9m
up €1.9m (+79.9%), from €2.3m to €4.2m
of which Financial debts: +€1.9m
- Trade debts +€453,548
up €453,548 (+235.3%), from €192,753 to €646,300
- Reserves +€158,608
up €158,608 (+17.9%), from €885,839 to €1.0m
of which Tax-exempt reserves: +€205,789
- Other debts -€104,226
down €104,226 (-10.9%), from €960,396 to €856,170
Income statement
- Gross operating margin +€237,329
up €237,329 (+33.0%), from €718,328 to €955,657
- Depreciation -€132,119
down €132,119 (-23.8%), from €554,033 to €421,914
- Financial charges +€33,432
up €33,432 (+28.6%), from €116,826 to €150,258
- Staff costs +€17,728
up €17,728 (+49.4%), from €35,911 to €53,639
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.
Result 2024
-€75,264
Gross operating margin
+€237,329
Staff costs
-€17,728
Depreciation
+€132,119
Other operating charges
-€6,694
Financial income
+€1,870
Financial charges
-€33,432
Taxes
-€282
Deferred taxes and other
-€79,310
Result 2025
€158,608
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.
From operations
+€940,816
Investment
-€2.8m
Financing
+€1.9m
Cash 2024
€150,279
From operations (derived)
+€940,816
Net result for the year
+€158,608
Depreciation
+€421,914
Receivables within one year
-€10,855
Deferred charges and accrued income
+€16,648
Provisions
+€64,661
Trade debts
+€453,548
Tax, wage and social debts
-€54,236
Other debts
-€104,226
Accrued charges and deferred income
-€5,246
Investment (derived)
-€2.8m
Investment in fixed assets (net)
-€2.7m
Current investments
-€154,686
Financing
+€1.9m
Debts after one year
+€1.9m
Current portion of long-term debt
+€41,582
Cash 2025
€187,620
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,209,048 | €7,627,212 | +€2.4m | +46.4% |
| Fixed assets | 21/28 | €4,879,341 | €7,111,272 | +€2.2m | +45.7% |
| Tangible fixed assets | 22/27 | €4,879,341 | €7,111,272 | +€2.2m | +45.7% |
| Land and buildings | 22 | €4,394,253 | €4,272,534 | -€121,719 | -2.8% |
| Plant, machinery and equipment | 23 | €404,966 | €251,654 | -€153,312 | -37.9% |
| Furniture and vehicles | 24 | €4,030 | €30,777 | +€26,747 | +663.7% |
| Assets under construction and advance payments | 27 | €76,092 | €2,556,307 | +€2.5m | +3259.5% |
| Current assets | 29/58 | €329,706 | €515,940 | +€186,234 | +56.5% |
| Amounts receivable within one year | 40/41 | €129,229 | €140,085 | +€10,855 | +8.4% |
| Trade receivables | 40 | €112,702 | €107,497 | -€5,204 | -4.6% |
| Other amounts receivable | 41 | €16,528 | €32,587 | +€16,059 | +97.2% |
| Current investments | 50/53 | €2,273 | €156,959 | +€154,686 | +6805.2% |
| Cash at bank and in hand | 54/58 | €150,279 | €187,620 | +€37,341 | +24.8% |
| Deferred charges and accrued income | 490/1 | €47,925 | €31,277 | -€16,648 | -34.7% |
| Total equity and liabilities | 10/49 | €5,209,048 | €7,627,212 | +€2.4m | +46.4% |
| Equity | 10/15 | €1,260,207 | €1,418,815 | +€158,608 | +12.6% |
| Contributions | 10/11 | €374,368 | €374,368 | = | 0.0% |
| Capital | 10 | €374,368 | €374,368 | = | 0.0% |
| Issued capital | 100 | €374,368 | €374,368 | = | 0.0% |
| Reserves | 13 | €885,839 | €1,044,446 | +€158,608 | +17.9% |
| Non-distributable reserves | 130/1 | €37,437 | €37,437 | = | 0.0% |
| Legal reserve | 130 | €37,437 | €37,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €386,430 | €592,219 | +€205,789 | +53.3% |
| Distributable reserves | 133 | €461,972 | €414,791 | -€47,181 | -10.2% |
| Provisions and deferred taxes | 16 | €171,965 | €236,626 | +€64,661 | +37.6% |
| Deferred taxes | 168 | €171,965 | €236,626 | +€64,661 | +37.6% |
| Amounts payable | 17/49 | €3,776,876 | €5,971,772 | +€2.2m | +58.1% |
| Amounts payable after more than one year | 17 | €2,331,113 | €4,194,587 | +€1.9m | +79.9% |
| Financial debts | 170/4 | €2,321,423 | €4,184,897 | +€1.9m | +80.3% |
| Other amounts payable | 178/9 | €9,690 | €9,690 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,316,846 | €1,653,514 | +€336,668 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €104,135 | €145,717 | +€41,582 | +39.9% |
| Trade debts | 44 | €192,753 | €646,300 | +€453,548 | +235.3% |
| Suppliers | 440/4 | €192,753 | €646,300 | +€453,548 | +235.3% |
| Taxes, remuneration and social security | 45 | €59,562 | €5,327 | -€54,236 | -91.1% |
| Taxes | 450/3 | €56,303 | €178 | -€56,125 | -99.7% |
| Remuneration and social security | 454/9 | €3,259 | €5,149 | +€1,890 | +58.0% |
| Other amounts payable | 47/48 | €960,396 | €856,170 | -€104,226 | -10.9% |
| Accrued charges and deferred income | 492/3 | €128,917 | €123,671 | -€5,246 | -4.1% |
| Non-recurring operating income | 76A | €246,092 | €16,237 | -€229,855 | -93.4% |
| Remuneration, social security and pensions | 62 | €35,911 | €53,639 | +€17,728 | +49.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €554,033 | €421,914 | -€132,119 | -23.8% |
| Other operating charges | 640/8 | €101,526 | €108,220 | +€6,694 | +6.6% |
| Gross operating margin | 9900 | €718,328 | €955,657 | +€237,329 | +33.0% |
| Operating profit (loss) | 9901 | €26,858 | €371,884 | +€345,026 | +1284.6% |
| Financial income | 75/76B | €63 | €1,933 | +€1,870 | +2960.4% |
| Recurring financial income | 75 | €63 | €1,933 | +€1,870 | +2960.4% |
| Financial charges | 65/66B | €116,826 | €150,258 | +€33,432 | +28.6% |
| Recurring financial charges | 65 | €116,826 | €150,258 | +€33,432 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | -€89,905 | €223,559 | +€313,464 | |
| Transfer from deferred taxes | 780 | €14,649 | €15,747 | +€1,098 | +7.5% |
| Transfer to deferred taxes | 680 | - | €80,408 | +€80,408 | |
| Income taxes | 67/77 | €8 | €290 | +€282 | +3381.2% |
| Profit (loss) for the period | 9904 | -€75,264 | €158,608 | +€233,872 | |
| Transfer from tax-exempt reserves | 789 | €32,140 | €35,434 | +€3,293 | +10.2% |
| Transfer to tax-exempt reserves | 689 | - | €241,223 | +€241,223 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,124 | -€47,181 | -€4,057 | -9.4% |
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 9 October 2026 via checked.be.