Chabert Management: 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.
Chabert Management
Largest movements
- Stocks and contracts +€776,376
up €776,376 (+157%), from €493,027 to €1.3m
- Receivables within one year +€434,856
up €434,856 (+13.9%), from €3.1m to €3.6m
of which Trade receivables: +€434,856
- Reserves +€828,000
up €828,000 (+31.4%), from €2.6m to €3.5m
of which Distributable reserves: +€828,000
- Other debts +€319,983
up €319,983 (+76.2%), from €419,782 to €739,765
- Tax, wage and social debts +€65,771
up €65,771 (+23.9%), from €275,331 to €341,102
of which Taxes: +€67,871
- Taxes -€74,255
down €74,255 (-16.2%), from €457,215 to €382,960
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 | €3,927,922 | €5,141,880 | +€1.2m | +30.9% |
| Fixed assets | 21/28 | €87,426 | €83,662 | -€3,764 | -4.3% |
| Tangible fixed assets | 22/27 | €87,426 | €83,662 | -€3,764 | -4.3% |
| Plant, machinery and equipment | 23 | €4,689 | €3,613 | -€1,076 | -22.9% |
| Furniture and vehicles | 24 | €5,338 | €2,649 | -€2,689 | -50.4% |
| Other tangible fixed assets | 26 | €77,400 | €77,400 | = | 0.0% |
| Current assets | 29/58 | €3,840,496 | €5,058,218 | +€1.2m | +31.7% |
| Stocks and contracts in progress | 3 | €493,027 | €1,269,403 | +€776,376 | +157% |
| Stocks | 30/36 | €493,027 | €1,269,403 | +€776,376 | +157% |
| Amounts receivable within one year | 40/41 | €3,123,145 | €3,558,001 | +€434,856 | +13.9% |
| Trade receivables | 40 | €3,123,145 | €3,558,001 | +€434,856 | +13.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €217,453 | €228,918 | +€11,465 | +5.3% |
| Deferred charges and accrued income | 490/1 | €6,870 | €1,896 | -€4,974 | -72.4% |
| Total equity and liabilities | 10/49 | €3,927,922 | €5,141,880 | +€1.2m | +30.9% |
| Equity | 10/15 | €3,151,026 | €3,979,267 | +€828,241 | +26.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,634,748 | €3,462,748 | +€828,000 | +31.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €2,628,598 | €3,456,598 | +€828,000 | +31.5% |
| Profit (loss) carried forward | 14 | €454,778 | €455,019 | +€241 | +0.1% |
| Amounts payable | 17/49 | €776,896 | €1,162,614 | +€385,717 | +49.6% |
| Amounts payable within one year | 42/48 | €776,896 | €1,162,614 | +€385,717 | +49.6% |
| Trade debts | 44 | €81,783 | €81,746 | -€37 | 0.0% |
| Suppliers | 440/4 | €81,783 | €81,746 | -€37 | 0.0% |
| Taxes, remuneration and social security | 45 | €275,331 | €341,102 | +€65,771 | +23.9% |
| Taxes | 450/3 | €271,131 | €339,002 | +€67,871 | +25.0% |
| Remuneration and social security | 454/9 | €4,200 | €2,100 | -€2,100 | -50.0% |
| Other amounts payable | 47/48 | €419,782 | €739,765 | +€319,983 | +76.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,044 | €3,764 | -€6,280 | -62.5% |
| Other operating charges | 640/8 | €6,286 | €8,771 | +€2,485 | +39.5% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €1,222,335 | €1,228,293 | +€5,958 | +0.5% |
| Operating profit (loss) | 9901 | €1,206,005 | €1,215,759 | +€9,754 | +0.8% |
| Financial income | 75/76B | €3,108 | €15 | -€3,092 | -99.5% |
| Recurring financial income | 75 | €3,108 | €15 | -€3,092 | -99.5% |
| Financial charges | 65/66B | €220 | €4,573 | +€4,353 | +1,981% |
| Recurring financial charges | 65 | €220 | €4,573 | +€4,353 | +1,981% |
| Profit (loss) for the period before taxes | 9903 | €1,208,893 | €1,211,201 | +€2,308 | +0.2% |
| Income taxes | 67/77 | €457,215 | €382,960 | -€74,255 | -16.2% |
| Profit (loss) for the period | 9904 | €751,678 | €828,241 | +€76,563 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €751,678 | €828,241 | +€76,563 | +10.2% |
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 17 October 2026 via checked.be.