CHAFFEE: 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.
CHAFFEE
Largest movements
- Tangible fixed assets -€131,781
down €131,781 (-10.7%), from €1.2m to €1.1m
of which Land and buildings: -€101,998
- Current investments +€25,000
up €25,000 (+14.3%), from €175,000 to €200,000
- Cash +€23,954
up €23,954 (+8.6%), from €277,024 to €300,978
mainly Depreciation (+€131,781) and Trade debts (+€9,730)
- Debts after one year -€28,308
down €28,308 (-18.3%), from €154,803 to €126,495
- Reserves -€20,317
down €20,317 (-1.4%), from €1.4m to €1.4m
of which Tax-exempt reserves: -€20,317
- Financial income +€9,400
up €9,400 (+56.8%), from €16,556 to €25,956
- Other operating charges -€4,331
down €4,331 (-29.0%), from €14,956 to €10,625
- Gross operating margin +€4,119
up €4,119 (+4.3%), from €95,817 to €99,936
- Financial charges -€1,443
down €1,443 (-14.3%), from €10,060 to €8,618
- Depreciation -€1,001
down €1,001 (-0.8%), from €132,782 to €131,781
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 | €1,838,310 | €1,771,852 | -€66,458 | -3.6% |
| Fixed assets | 21/28 | €1,233,753 | €1,101,972 | -€131,781 | -10.7% |
| Tangible fixed assets | 22/27 | €1,233,753 | €1,101,972 | -€131,781 | -10.7% |
| Land and buildings | 22 | €1,126,308 | €1,024,310 | -€101,998 | -9.1% |
| Furniture and vehicles | 24 | €707 | €596 | -€112 | -15.8% |
| Leasing and similar rights | 25 | €91,214 | €64,153 | -€27,061 | -29.7% |
| Other tangible fixed assets | 26 | €15,524 | €12,913 | -€2,611 | -16.8% |
| Current assets | 29/58 | €604,557 | €669,881 | +€65,324 | +10.8% |
| Amounts receivable within one year | 40/41 | €148,455 | €159,267 | +€10,811 | +7.3% |
| Trade receivables | 40 | €10,818 | €10,993 | +€175 | +1.6% |
| Other amounts receivable | 41 | €137,638 | €148,274 | +€10,636 | +7.7% |
| Current investments | 50/53 | €175,000 | €200,000 | +€25,000 | +14.3% |
| Cash at bank and in hand | 54/58 | €277,024 | €300,978 | +€23,954 | +8.6% |
| Deferred charges and accrued income | 490/1 | €4,078 | €9,636 | +€5,559 | +136.3% |
| Total equity and liabilities | 10/49 | €1,838,310 | €1,771,852 | -€66,458 | -3.6% |
| Equity | 10/15 | €1,418,022 | €1,399,256 | -€18,767 | -1.3% |
| Contributions | 10/11 | €79,708 | €79,708 | = | 0.0% |
| Capital | 10 | €79,574 | €79,574 | = | 0.0% |
| Issued capital | 100 | €79,574 | €79,574 | = | 0.0% |
| Outside capital | 11 | €134 | €134 | = | 0.0% |
| Share premium | 1100/10 | €134 | €134 | = | 0.0% |
| Reserves | 13 | €1,414,400 | €1,394,083 | -€20,317 | -1.4% |
| Non-distributable reserves | 130/1 | €7,957 | €7,957 | = | 0.0% |
| Legal reserve | 130 | €7,957 | €7,957 | = | 0.0% |
| Tax-exempt reserves | 132 | €503,425 | €483,108 | -€20,317 | -4.0% |
| Distributable reserves | 133 | €903,017 | €903,017 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€76,085 | -€74,535 | +€1,550 | +2.0% |
| Provisions and deferred taxes | 16 | €40,634 | €33,862 | -€6,772 | -16.7% |
| Deferred taxes | 168 | €40,634 | €33,862 | -€6,772 | -16.7% |
| Amounts payable | 17/49 | €379,653 | €338,735 | -€40,918 | -10.8% |
| Amounts payable after more than one year | 17 | €154,803 | €126,495 | -€28,308 | -18.3% |
| Financial debts | 170/4 | €154,803 | €126,495 | -€28,308 | -18.3% |
| Amounts payable within one year | 42/48 | €215,393 | €206,973 | -€8,420 | -3.9% |
| Current portion of amounts payable after more than one year | 42 | €27,421 | €28,308 | +€887 | +3.2% |
| Trade debts | 44 | €2,206 | €11,936 | +€9,730 | +441.1% |
| Suppliers | 440/4 | €2,206 | €11,936 | +€9,730 | +441.1% |
| Taxes, remuneration and social security | 45 | €5,527 | €2,001 | -€3,526 | -63.8% |
| Taxes | 450/3 | €5,527 | €2,001 | -€3,526 | -63.8% |
| Other amounts payable | 47/48 | €180,240 | €164,728 | -€15,512 | -8.6% |
| Accrued charges and deferred income | 492/3 | €9,457 | €5,266 | -€4,191 | -44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €132,782 | €131,781 | -€1,001 | -0.8% |
| Other operating charges | 640/8 | €14,956 | €10,625 | -€4,331 | -29.0% |
| Gross operating margin | 9900 | €95,817 | €99,936 | +€4,119 | +4.3% |
| Operating profit (loss) | 9901 | -€51,921 | -€42,471 | +€9,451 | +18.2% |
| Financial income | 75/76B | €16,556 | €25,956 | +€9,400 | +56.8% |
| Recurring financial income | 75 | €16,556 | €25,956 | +€9,400 | +56.8% |
| Financial charges | 65/66B | €10,060 | €8,618 | -€1,443 | -14.3% |
| Recurring financial charges | 65 | €10,060 | €8,618 | -€1,443 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€45,426 | -€25,132 | +€20,293 | +44.7% |
| Transfer from deferred taxes | 780 | €6,772 | €6,772 | = | 0.0% |
| Income taxes | 67/77 | €427 | €407 | -€20 | -4.6% |
| Profit (loss) for the period | 9904 | -€39,080 | -€18,767 | +€20,313 | +52.0% |
| Transfer from tax-exempt reserves | 789 | €20,317 | €20,317 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,763 | €1,550 | +€20,313 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.