Chadinvest: 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.
Chadinvest
Largest movements
- Cash -€306,121
down €306,121 (-96.8%), from €316,101 to €9,980
mainly Other debts (-€255,068) and Debts after one year (-€41,210)
- Tangible fixed assets -€48,109
down €48,109 (-3.2%), from €1.5m to €1.4m
of which Land and buildings: -€50,586
- Receivables within one year +€31,804
up €31,804 (+5,364%), from €593 to €32,397
of which Trade receivables: +€31,977
- Other debts -€255,068
down €255,068 (-57.4%), from €444,217 to €189,148
- Debts after one year -€41,210
down €41,210 (-92.2%), from €44,679 to €3,469
- Trade debts -€25,725
down €25,725 (-97.0%), from €26,534 to €809
- Provisions +€91,145
up €91,145, from -€91,145 to €0
- Write-downs +€29,268
new in 2025: €29,268
- Gross operating margin +€23,362
up €23,362 (+36.7%), from €63,621 to €86,983
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 | €1,847,420 | €1,525,025 | -€322,395 | -17.5% |
| Fixed assets | 21/28 | €1,490,726 | €1,442,617 | -€48,109 | -3.2% |
| Tangible fixed assets | 22/27 | €1,490,726 | €1,442,617 | -€48,109 | -3.2% |
| Land and buildings | 22 | €1,490,307 | €1,439,721 | -€50,586 | -3.4% |
| Plant, machinery and equipment | 23 | - | €2,896 | +€2,896 | |
| Furniture and vehicles | 24 | €420 | €0 | -€420 | -100% |
| Current assets | 29/58 | €356,694 | €82,408 | -€274,286 | -76.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €593 | €32,397 | +€31,804 | +5,364% |
| Trade receivables | 40 | €0 | €31,977 | +€31,977 | |
| Other amounts receivable | 41 | €593 | €420 | -€173 | -29.1% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €316,101 | €9,980 | -€306,121 | -96.8% |
| Deferred charges and accrued income | 490/1 | €0 | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €1,847,420 | €1,525,025 | -€322,395 | -17.5% |
| Equity | 10/15 | €1,291,305 | €1,289,122 | -€2,183 | -0.2% |
| Contributions | 10/11 | €2,029,750 | €2,029,750 | = | 0.0% |
| Reserves | 13 | €13,230 | €13,230 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,230 | €13,230 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,230 | €13,230 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€751,675 | -€753,858 | -€2,183 | -0.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Pensions and similar obligations | 160 | €0 | - | = | |
| Amounts payable | 17/49 | €556,115 | €235,902 | -€320,212 | -57.6% |
| Amounts payable after more than one year | 17 | €44,679 | €3,469 | -€41,210 | -92.2% |
| Financial debts | 170/4 | €44,679 | €3,469 | -€41,210 | -92.2% |
| Amounts payable within one year | 42/48 | €511,436 | €232,433 | -€279,003 | -54.6% |
| Current portion of amounts payable after more than one year | 42 | €40,447 | €41,210 | +€763 | +1.9% |
| Trade debts | 44 | €26,534 | €809 | -€25,725 | -97.0% |
| Suppliers | 440/4 | €26,534 | €809 | -€25,725 | -97.0% |
| Taxes, remuneration and social security | 45 | €239 | €1,266 | +€1,028 | +431% |
| Taxes | 450/3 | €239 | €501 | +€263 | +110% |
| Remuneration and social security | 454/9 | - | €765 | +€765 | |
| Other amounts payable | 47/48 | €444,217 | €189,148 | -€255,068 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,325 | €51,480 | +€156 | +0.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €29,268 | +€29,268 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€91,145 | €0 | +€91,145 | |
| Other operating charges | 640/8 | €6,524 | €6,027 | -€497 | -7.6% |
| Gross operating margin | 9900 | €63,621 | €86,983 | +€23,362 | +36.7% |
| Operating profit (loss) | 9901 | €96,918 | €208 | -€96,710 | -99.8% |
| Financial income | 75/76B | €1 | €28 | +€27 | +1,856% |
| Recurring financial income | 75 | €1 | €28 | +€27 | +1,856% |
| Financial charges | 65/66B | €2,167 | €2,156 | -€11 | -0.5% |
| Recurring financial charges | 65 | €2,167 | €2,156 | -€11 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €94,752 | -€1,920 | -€96,672 | |
| Income taxes | 67/77 | €239 | €263 | +€24 | +10.2% |
| Profit (loss) for the period | 9904 | €94,513 | -€2,183 | -€96,696 | |
| Profit (loss) for the period to be appropriated | 9905 | €94,513 | -€2,183 | -€96,696 |
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 23 October 2026 via checked.be.