CHABO: what changed
Two fiscal 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.
CHABO
Largest movements
- Cash -€44,081
down €44,081 (-72.9%), from €60,426 to €16,345
mainly Investment in fixed assets (net) (-€41,184) and Other debts (-€12,104)
- Tangible fixed assets +€29,764
up €29,764 (+96.0%), from €30,995 to €60,760
of which Other tangible fixed assets: +€38,511
- Intangible fixed assets -€2,500
down €2,500 (-21.3%), from €11,727 to €9,227
- Receivables within one year -€1,397
no longer reported in 2025 (was €1,397)
- Other debts -€12,104
down €12,104 (-21.9%), from €55,226 to €43,122
- Debts after one year -€6,149
down €6,149 (-12.9%), from €47,710 to €41,562
- Current portion of long-term debt -€2,138
down €2,138 (-25.8%), from €8,286 to €6,149
- Tax, wage and social debts +€1,137
up €1,137 (+112.4%), from €1,011 to €2,148
of which Remuneration and social security: +€1,067
- Gross operating margin -€5,698
down €5,698 (-22.1%), from €25,755 to €20,057
- Depreciation +€4,221
up €4,221 (+43.5%), from €9,698 to €13,919
- Financial charges +€2,188
up €2,188 (+90.2%), from €2,424 to €4,612
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 | €108,643 | €90,332 | -€18,311 | -16.9% |
| Fixed assets | 21/28 | €42,722 | €69,987 | +€27,264 | +63.8% |
| Intangible fixed assets | 21 | €11,727 | €9,227 | -€2,500 | -21.3% |
| Tangible fixed assets | 22/27 | €30,995 | €60,760 | +€29,764 | +96.0% |
| Plant, machinery and equipment | 23 | €24,333 | €18,290 | -€6,043 | -24.8% |
| Furniture and vehicles | 24 | €6,662 | €3,959 | -€2,703 | -40.6% |
| Other tangible fixed assets | 26 | - | €38,511 | +€38,511 | |
| Current assets | 29/58 | €65,921 | €20,346 | -€45,575 | -69.1% |
| Stocks and contracts in progress | 3 | €2,400 | €3,231 | +€831 | +34.6% |
| Stocks | 30/36 | €2,400 | €3,231 | +€831 | +34.6% |
| Amounts receivable within one year | 40/41 | €1,397 | - | -€1,397 | |
| Other amounts receivable | 41 | €1,397 | - | -€1,397 | |
| Cash at bank and in hand | 54/58 | €60,426 | €16,345 | -€44,081 | -72.9% |
| Deferred charges and accrued income | 490/1 | €1,698 | €770 | -€929 | -54.7% |
| Total equity and liabilities | 10/49 | €108,643 | €90,332 | -€18,311 | -16.9% |
| Equity | 10/15 | -€8,645 | -€8,662 | -€17 | -0.2% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€23,645 | -€23,662 | -€17 | -0.1% |
| Amounts payable | 17/49 | €117,288 | €98,994 | -€18,294 | -15.6% |
| Amounts payable after more than one year | 17 | €47,710 | €41,562 | -€6,149 | -12.9% |
| Financial debts | 170/4 | €47,710 | €41,562 | -€6,149 | -12.9% |
| Amounts payable within one year | 42/48 | €69,578 | €57,432 | -€12,146 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €8,286 | €6,149 | -€2,138 | -25.8% |
| Trade debts | 44 | €5,054 | €6,014 | +€959 | +19.0% |
| Suppliers | 440/4 | €5,054 | €6,014 | +€959 | +19.0% |
| Taxes, remuneration and social security | 45 | €1,011 | €2,148 | +€1,137 | +112.4% |
| Taxes | 450/3 | €439 | €510 | +€70 | +16.0% |
| Remuneration and social security | 454/9 | €572 | €1,639 | +€1,067 | +186.5% |
| Other amounts payable | 47/48 | €55,226 | €43,122 | -€12,104 | -21.9% |
| Non-recurring operating income | 76A | €1,657 | - | -€1,657 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,698 | €13,919 | +€4,221 | +43.5% |
| Other operating charges | 640/8 | €1,271 | €1,327 | +€56 | +4.4% |
| Gross operating margin | 9900 | €25,755 | €20,057 | -€5,698 | -22.1% |
| Operating profit (loss) | 9901 | €14,787 | €4,811 | -€9,975 | -67.5% |
| Financial income | 75/76B | €33 | €15 | -€19 | -55.7% |
| Recurring financial income | 75 | €33 | €15 | -€19 | -55.7% |
| Financial charges | 65/66B | €2,424 | €4,612 | +€2,188 | +90.2% |
| Recurring financial charges | 65 | €2,424 | €4,612 | +€2,188 | +90.2% |
| Profit (loss) for the period before taxes | 9903 | €12,396 | €214 | -€12,182 | -98.3% |
| Income taxes | 67/77 | €225 | €231 | +€6 | +2.6% |
| Profit (loss) for the period | 9904 | €12,171 | -€17 | -€12,187 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,171 | -€17 | -€12,187 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.