Chack Consult: 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.
Chack Consult
Largest movements
- Receivables after one year +€53,571
new in 2025: €53,571
- Tangible fixed assets -€52,088
down €52,088 (-4.1%), from €1.3m to €1.2m
of which Land and buildings: -€49,291
- Cash -€25,827
down €25,827 (-9.1%), from €283,932 to €258,105
mainly Debts after one year (-€77,986) and Receivables after one year (-€53,571)
- Reserves +€105,000
up €105,000 (+20.2%), from €520,610 to €625,610
- Debts after one year -€77,986
down €77,986 (-8.9%), from €880,627 to €802,641
of which Financial debts: -€77,986
- Advances received -€23,477
no longer reported in 2025 (was €23,477)
- Tax, wage and social debts -€15,831
down €15,831 (-45.4%), from €34,879 to €19,048
of which Taxes: -€14,999
- Depreciation -€24,646
down €24,646 (-30.0%), from €82,199 to €57,553
- Gross operating margin +€21,571
up €21,571 (+9.9%), from €218,660 to €240,232
- Staff costs +€6,251
up €6,251 (+164.3%), from €3,805 to €10,057
- Taxes +€5,826
up €5,826 (+18.8%), from €30,966 to €36,792
- Financial charges +€2,835
up €2,835 (+15.0%), from €18,905 to €21,740
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 | €1,572,670 | €1,552,960 | -€19,710 | -1.3% |
| Fixed assets | 21/28 | €1,281,700 | €1,236,755 | -€44,945 | -3.5% |
| Tangible fixed assets | 22/27 | €1,281,638 | €1,229,550 | -€52,088 | -4.1% |
| Land and buildings | 22 | €1,275,504 | €1,226,214 | -€49,291 | -3.9% |
| Furniture and vehicles | 24 | €4,578 | €2,047 | -€2,531 | -55.3% |
| Other tangible fixed assets | 26 | €1,556 | €1,289 | -€267 | -17.1% |
| Financial fixed assets | 28 | €62 | €7,205 | +€7,143 | +11584.3% |
| Current assets | 29/58 | €290,970 | €316,205 | +€25,235 | +8.7% |
| Amounts receivable after more than one year | 29 | - | €53,571 | +€53,571 | |
| Trade receivables | 290 | - | €53,571 | +€53,571 | |
| Amounts receivable within one year | 40/41 | €3,444 | €255 | -€3,189 | -92.6% |
| Other amounts receivable | 41 | €3,444 | €255 | -€3,189 | -92.6% |
| Cash at bank and in hand | 54/58 | €283,932 | €258,105 | -€25,827 | -9.1% |
| Deferred charges and accrued income | 490/1 | €3,594 | €4,274 | +€680 | +18.9% |
| Total equity and liabilities | 10/49 | €1,572,670 | €1,552,960 | -€19,710 | -1.3% |
| Equity | 10/15 | €527,964 | €633,467 | +€105,503 | +20.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €520,610 | €625,610 | +€105,000 | +20.2% |
| Distributable reserves | 133 | €520,610 | €625,610 | +€105,000 | +20.2% |
| Profit (loss) carried forward | 14 | €1,154 | €1,657 | +€503 | +43.6% |
| Amounts payable | 17/49 | €1,044,705 | €919,492 | -€125,213 | -12.0% |
| Amounts payable after more than one year | 17 | €880,627 | €802,641 | -€77,986 | -8.9% |
| Financial debts | 170/4 | €877,867 | €799,881 | -€77,986 | -8.9% |
| Other amounts payable | 178/9 | €2,760 | €2,760 | = | 0.0% |
| Amounts payable within one year | 42/48 | €164,078 | €116,851 | -€47,227 | -28.8% |
| Current portion of amounts payable after more than one year | 42 | €76,302 | €88,296 | +€11,995 | +15.7% |
| Trade debts | 44 | €5,757 | €587 | -€5,170 | -89.8% |
| Suppliers | 440/4 | €5,757 | €587 | -€5,170 | -89.8% |
| Advances received on contracts in progress | 46 | €23,477 | - | -€23,477 | |
| Taxes, remuneration and social security | 45 | €34,879 | €19,048 | -€15,831 | -45.4% |
| Taxes | 450/3 | €34,046 | €19,047 | -€14,999 | -44.1% |
| Remuneration and social security | 454/9 | €833 | €1 | -€832 | -99.9% |
| Other amounts payable | 47/48 | €23,664 | €8,921 | -€14,743 | -62.3% |
| Remuneration, social security and pensions | 62 | €3,805 | €10,057 | +€6,251 | +164.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,199 | €57,553 | -€24,646 | -30.0% |
| Other operating charges | 640/8 | €6,256 | €7,784 | +€1,528 | +24.4% |
| Gross operating margin | 9900 | €218,660 | €240,232 | +€21,571 | +9.9% |
| Operating profit (loss) | 9901 | €126,400 | €164,839 | +€38,439 | +30.4% |
| Financial income | 75/76B | €5,887 | €5,396 | -€491 | -8.3% |
| Recurring financial income | 75 | €5,887 | €5,396 | -€491 | -8.3% |
| Financial charges | 65/66B | €18,905 | €21,740 | +€2,835 | +15.0% |
| Recurring financial charges | 65 | €18,905 | €21,740 | +€2,835 | +15.0% |
| Profit (loss) for the period before taxes | 9903 | €113,382 | €148,495 | +€35,113 | +31.0% |
| Income taxes | 67/77 | €30,966 | €36,792 | +€5,826 | +18.8% |
| Profit (loss) for the period | 9904 | €82,416 | €111,703 | +€29,287 | +35.5% |
| Profit (loss) for the period to be appropriated | 9905 | €82,416 | €111,703 | +€29,287 | +35.5% |
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.