CHABERFIN: 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.
CHABERFIN
Largest movements
- Receivables within one year +€50,000
new in 2025: €50,000
- Cash -€24,780
down €24,780 (-23.0%), from €107,571 to €82,791
mainly Receivables within one year (-€50,000) and Investment in fixed assets (net) (-€12,218)
- Tangible fixed assets -€10,489
down €10,489 (-4.2%), from €247,530 to €237,041
of which Land and buildings: -€11,155
- Profit (loss) carried forward +€16,832
up €16,832 (+18.2%), from €92,425 to €109,257
- Reserves -€5,282
down €5,282 (-4.8%), from €110,881 to €105,599
of which Tax-exempt reserves: -€5,282
- Taxes -€7,935
down €7,935 (-74.4%), from €10,659 to €2,724
- Gross operating margin +€3,382
up €3,382 (+8.9%), from €38,072 to €41,454
- Depreciation +€1,284
up €1,284 (+6.0%), from €21,423 to €22,707
- Other operating charges +€849
up €849 (+13.5%), from €6,293 to €7,142
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 | €356,551 | €371,301 | +€14,750 | +4.1% |
| Fixed assets | 21/28 | €247,530 | €237,041 | -€10,489 | -4.2% |
| Tangible fixed assets | 22/27 | €247,530 | €237,041 | -€10,489 | -4.2% |
| Land and buildings | 22 | €244,294 | €233,139 | -€11,155 | -4.6% |
| Plant, machinery and equipment | 23 | €3,162 | €2,784 | -€378 | -11.9% |
| Furniture and vehicles | 24 | €74 | €1,117 | +€1,043 | +1410.0% |
| Current assets | 29/58 | €109,021 | €134,261 | +€25,240 | +23.2% |
| Amounts receivable within one year | 40/41 | - | €50,000 | +€50,000 | |
| Other amounts receivable | 41 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €107,571 | €82,791 | -€24,780 | -23.0% |
| Deferred charges and accrued income | 490/1 | €1,450 | €1,470 | +€20 | +1.4% |
| Total equity and liabilities | 10/49 | €356,551 | €371,301 | +€14,750 | +4.1% |
| Equity | 10/15 | €265,306 | €276,855 | +€11,549 | +4.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €110,881 | €105,599 | -€5,282 | -4.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €104,681 | €99,399 | -€5,282 | -5.0% |
| Profit (loss) carried forward | 14 | €92,425 | €109,257 | +€16,832 | +18.2% |
| Provisions and deferred taxes | 16 | €36,338 | €33,627 | -€2,711 | -7.5% |
| Deferred taxes | 168 | €36,338 | €33,627 | -€2,711 | -7.5% |
| Amounts payable | 17/49 | €54,907 | €60,818 | +€5,911 | +10.8% |
| Amounts payable within one year | 42/48 | €54,907 | €60,818 | +€5,911 | +10.8% |
| Trade debts | 44 | €1,197 | €4,344 | +€3,147 | +262.9% |
| Suppliers | 440/4 | €1,197 | €4,344 | +€3,147 | +262.9% |
| Taxes, remuneration and social security | 45 | €4,989 | €7,714 | +€2,725 | +54.6% |
| Taxes | 450/3 | €4,989 | €7,714 | +€2,725 | +54.6% |
| Other amounts payable | 47/48 | €48,721 | €48,761 | +€40 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,423 | €22,707 | +€1,284 | +6.0% |
| Other operating charges | 640/8 | €6,293 | €7,142 | +€849 | +13.5% |
| Gross operating margin | 9900 | €38,072 | €41,454 | +€3,382 | +8.9% |
| Operating profit (loss) | 9901 | €10,356 | €11,605 | +€1,249 | +12.1% |
| Financial charges | 65/66B | €41 | €42 | +€1 | +2.7% |
| Recurring financial charges | 65 | €41 | €42 | +€1 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €10,315 | €11,563 | +€1,248 | +12.1% |
| Transfer from deferred taxes | 780 | €2,711 | €2,711 | -€0 | 0.0% |
| Income taxes | 67/77 | €10,659 | €2,724 | -€7,935 | -74.4% |
| Profit (loss) for the period | 9904 | €2,367 | €11,550 | +€9,183 | +388.0% |
| Transfer from tax-exempt reserves | 789 | €5,283 | €5,282 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,650 | €16,832 | +€9,182 | +120.0% |
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 11 October 2026 via checked.be.