CHACO: 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.
CHACO
Largest movements
- Cash +€95,665
up €95,665 (+235.3%), from €40,662 to €136,327
mainly Net result for the year (+€91,624) and Current investments (+€25,001)
- Current investments -€25,001
down €25,001 (-20.0%), from €125,000 to €99,999
- Receivables within one year +€8,204
up €8,204 (+29.1%), from €28,186 to €36,391
of which Other amounts receivable: +€10,546
- Profit (loss) carried forward +€91,624
new in 2025: €91,624
- Trade debts -€10,546
down €10,546 (-96.5%), from €10,924 to €378
- Tax, wage and social debts -€3,581
down €3,581 (-37.2%), from €9,625 to €6,043
of which Remuneration and social security: -€7,923
- Staff costs -€8,632
down €8,632 (-33.2%), from €26,014 to €17,382
- Gross operating margin +€6,616
up €6,616 (+5.5%), from €120,172 to €126,788
- Financial income +€3,882
up €3,882 (+94.2%), from €4,123 to €8,005
- Taxes -€2,474
down €2,474 (-9.4%), from €26,445 to €23,971
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 | €197,959 | €275,456 | +€77,497 | +39.1% |
| Fixed assets | 21/28 | €4,111 | €2,740 | -€1,371 | -33.4% |
| Tangible fixed assets | 22/27 | €4,111 | €2,740 | -€1,371 | -33.4% |
| Furniture and vehicles | 24 | €4,111 | €2,740 | -€1,371 | -33.4% |
| Current assets | 29/58 | €193,848 | €272,716 | +€78,868 | +40.7% |
| Amounts receivable within one year | 40/41 | €28,186 | €36,391 | +€8,204 | +29.1% |
| Trade receivables | 40 | €21,154 | €18,813 | -€2,341 | -11.1% |
| Other amounts receivable | 41 | €7,032 | €17,578 | +€10,546 | +150.0% |
| Current investments | 50/53 | €125,000 | €99,999 | -€25,001 | -20.0% |
| Cash at bank and in hand | 54/58 | €40,662 | €136,327 | +€95,665 | +235.3% |
| Total equity and liabilities | 10/49 | €197,959 | €275,456 | +€77,497 | +39.1% |
| Equity | 10/15 | €177,410 | €269,034 | +€91,624 | +51.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €171,410 | €171,410 | = | 0.0% |
| Distributable reserves | 133 | €171,410 | €171,410 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €91,624 | +€91,624 | |
| Amounts payable | 17/49 | €20,549 | €6,422 | -€14,127 | -68.7% |
| Amounts payable within one year | 42/48 | €20,549 | €6,422 | -€14,127 | -68.7% |
| Trade debts | 44 | €10,924 | €378 | -€10,546 | -96.5% |
| Suppliers | 440/4 | €10,924 | €378 | -€10,546 | -96.5% |
| Taxes, remuneration and social security | 45 | €9,625 | €6,043 | -€3,581 | -37.2% |
| Taxes | 450/3 | €1,702 | €6,043 | +€4,341 | +255.1% |
| Remuneration and social security | 454/9 | €7,923 | - | -€7,923 | |
| Remuneration, social security and pensions | 62 | €26,014 | €17,382 | -€8,632 | -33.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €879 | €1,371 | +€492 | +55.9% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €120,172 | €126,788 | +€6,616 | +5.5% |
| Operating profit (loss) | 9901 | €92,891 | €107,634 | +€14,743 | +15.9% |
| Financial income | 75/76B | €4,123 | €8,005 | +€3,882 | +94.2% |
| Recurring financial income | 75 | €4,123 | €8,005 | +€3,882 | +94.2% |
| Financial charges | 65/66B | €49 | €45 | -€4 | -8.9% |
| Recurring financial charges | 65 | €49 | €45 | -€4 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €96,964 | €115,594 | +€18,630 | +19.2% |
| Income taxes | 67/77 | €26,445 | €23,971 | -€2,474 | -9.4% |
| Profit (loss) for the period | 9904 | €70,520 | €91,624 | +€21,104 | +29.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,520 | €91,624 | +€21,104 | +29.9% |
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 7 October 2026 via checked.be.