CHADE ESTATE: 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.
CHADE ESTATE
Largest movements
- Cash -€17,310
down €17,310 (-93.0%), from €18,618 to €1,307
mainly Net result for the year (-€134,947) and Investment in fixed assets (net) (-€41,755)
- Tangible fixed assets -€14,842
down €14,842 (-1.1%), from €1.3m to €1.3m
of which Land and buildings: -€9,287
- Profit (loss) carried forward -€134,947
down €134,947 (-61.2%), from -€220,419 to -€355,365
- Other debts +€109,659
up €109,659 (+12.9%), from €851,930 to €961,588
- Debts after one year -€35,492
down €35,492 (-5.0%), from €716,574 to €681,082
- Trade debts +€30,258
up €30,258 (+7596.9%), from €398 to €30,656
- Gross operating margin -€31,934
down €31,934 (-311.8%), from -€10,243 to -€42,177
- Depreciation +€6,013
up €6,013 (+11.9%), from €50,584 to €56,597
- Staff costs -€1,066
down €1,066 (-5.5%), from €19,427 to €18,362
- Other operating charges +€602
up €602 (+13.0%), from €4,638 to €5,241
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,396,045 | €1,365,588 | -€30,457 | -2.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,339,360 | €1,324,518 | -€14,842 | -1.1% |
| Tangible fixed assets | 22/27 | €1,339,360 | €1,324,518 | -€14,842 | -1.1% |
| Land and buildings | 22 | €1,269,869 | €1,260,582 | -€9,287 | -0.7% |
| Plant, machinery and equipment | 23 | €53,665 | €53,027 | -€638 | -1.2% |
| Furniture and vehicles | 24 | €15,826 | €10,909 | -€4,917 | -31.1% |
| Current assets | 29/58 | €56,684 | €41,069 | -€15,615 | -27.5% |
| Amounts receivable within one year | 40/41 | €37,385 | €39,743 | +€2,358 | +6.3% |
| Trade receivables | 40 | - | €0 | = | |
| Other amounts receivable | 41 | €37,385 | €39,743 | +€2,358 | +6.3% |
| Cash at bank and in hand | 54/58 | €18,618 | €1,307 | -€17,310 | -93.0% |
| Deferred charges and accrued income | 490/1 | €681 | €19 | -€663 | -97.3% |
| Total equity and liabilities | 10/49 | €1,396,045 | €1,365,588 | -€30,457 | -2.2% |
| Equity | 10/15 | -€210,429 | -€345,375 | -€134,947 | -64.1% |
| Contributions | 10/11 | €9,990 | €9,990 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€220,419 | -€355,365 | -€134,947 | -61.2% |
| Amounts payable | 17/49 | €1,606,473 | €1,710,963 | +€104,489 | +6.5% |
| Amounts payable after more than one year | 17 | €716,574 | €681,082 | -€35,492 | -5.0% |
| Financial debts | 170/4 | €716,574 | €681,082 | -€35,492 | -5.0% |
| Amounts payable within one year | 42/48 | €889,899 | €1,029,879 | +€139,979 | +15.7% |
| Current portion of amounts payable after more than one year | 42 | €34,919 | €35,492 | +€572 | +1.6% |
| Trade debts | 44 | €398 | €30,656 | +€30,258 | +7596.9% |
| Suppliers | 440/4 | €398 | €30,656 | +€30,258 | +7596.9% |
| Taxes, remuneration and social security | 45 | €2,652 | €2,143 | -€510 | -19.2% |
| Taxes | 450/3 | €0 | €0 | = | |
| Remuneration and social security | 454/9 | €2,652 | €2,143 | -€510 | -19.2% |
| Other amounts payable | 47/48 | €851,930 | €961,588 | +€109,659 | +12.9% |
| Accrued charges and deferred income | 492/3 | - | €2 | +€2 | |
| Remuneration, social security and pensions | 62 | €19,427 | €18,362 | -€1,066 | -5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,584 | €56,597 | +€6,013 | +11.9% |
| Other operating charges | 640/8 | €4,638 | €5,241 | +€602 | +13.0% |
| Gross operating margin | 9900 | -€10,243 | -€42,177 | -€31,934 | -311.8% |
| Operating profit (loss) | 9901 | -€84,893 | -€122,377 | -€37,484 | -44.2% |
| Financial income | 75/76B | €0 | €2 | +€2 | +15600.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +15600.0% |
| Financial charges | 65/66B | €12,830 | €12,572 | -€259 | -2.0% |
| Recurring financial charges | 65 | €12,830 | €12,572 | -€259 | -2.0% |
| Profit (loss) for the period before taxes | 9903 | -€97,723 | -€134,947 | -€37,224 | -38.1% |
| Profit (loss) for the period | 9904 | -€97,723 | -€134,947 | -€37,224 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€97,723 | -€134,947 | -€37,224 | -38.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.