CHAFFIMMO: 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.
CHAFFIMMO
Largest movements
- Tangible fixed assets -€56,562
down €56,562 (-11.6%), from €486,554 to €429,992
of which Land and buildings: -€54,959
- Receivables within one year -€28,217
down €28,217 (-43.7%), from €64,548 to €36,331
of which Trade receivables: -€24,516
- Cash +€24,859
up €24,859 (+157.6%), from €15,772 to €40,631
mainly Depreciation (+€63,822) and Receivables within one year (+€28,217)
- Other debts -€35,989
down €35,989 (-11.6%), from €311,233 to €275,243
- Debts after one year -€25,790
down €25,790 (-14.0%), from €183,835 to €158,045
- Reserves +€23,657
up €23,657 (+8.3%), from €285,882 to €309,538
of which Distributable reserves: +€23,657
- Trade debts -€19,161
down €19,161 (-90.6%), from €21,139 to €1,979
- Financial charges -€8,622
down €8,622 (-66.9%), from €12,888 to €4,266
- Depreciation -€4,102
down €4,102 (-6.0%), from €67,924 to €63,822
- Gross operating margin -€3,833
down €3,833 (-3.0%), from €126,136 to €122,303
- Taxes +€3,560
up €3,560 (+44.1%), from €8,065 to €11,626
- Other operating charges +€2,258
up €2,258 (+13.5%), from €16,674 to €18,932
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €908,874 | €847,949 | -€60,925 | -6.7% |
| Fixed assets | 21/28 | €486,554 | €429,992 | -€56,562 | -11.6% |
| Tangible fixed assets | 22/27 | €486,554 | €429,992 | -€56,562 | -11.6% |
| Land and buildings | 22 | €484,264 | €429,306 | -€54,959 | -11.3% |
| Plant, machinery and equipment | 23 | €915 | €686 | -€229 | -25.0% |
| Furniture and vehicles | 24 | €1,375 | €0 | -€1,375 | -100.0% |
| Current assets | 29/58 | €422,320 | €417,958 | -€4,362 | -1.0% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €64,548 | €36,331 | -€28,217 | -43.7% |
| Trade receivables | 40 | €50,298 | €25,782 | -€24,516 | -48.7% |
| Other amounts receivable | 41 | €14,249 | €10,548 | -€3,701 | -26.0% |
| Current investments | 50/53 | €137,121 | €137,121 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €15,772 | €40,631 | +€24,859 | +157.6% |
| Deferred charges and accrued income | 490/1 | €4,879 | €3,875 | -€1,004 | -20.6% |
| Total equity and liabilities | 10/49 | €908,874 | €847,949 | -€60,925 | -6.7% |
| Equity | 10/15 | €355,338 | €378,995 | +€23,657 | +6.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €285,882 | €309,538 | +€23,657 | +8.3% |
| Non-distributable reserves | 130/1 | €68,700 | €68,700 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Own shares acquired | 1312 | €62,500 | €62,500 | = | 0.0% |
| Distributable reserves | 133 | €217,182 | €240,838 | +€23,657 | +10.9% |
| Profit (loss) carried forward | 14 | €7,457 | €7,457 | = | 0.0% |
| Amounts payable | 17/49 | €553,536 | €468,954 | -€84,581 | -15.3% |
| Amounts payable after more than one year | 17 | €183,835 | €158,045 | -€25,790 | -14.0% |
| Financial debts | 170/4 | €183,835 | €158,045 | -€25,790 | -14.0% |
| Amounts payable within one year | 42/48 | €368,688 | €310,864 | -€57,823 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €29,304 | €26,631 | -€2,673 | -9.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €21,139 | €1,979 | -€19,161 | -90.6% |
| Suppliers | 440/4 | €21,139 | €1,979 | -€19,161 | -90.6% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €7,011 | €7,011 | = | 0.0% |
| Taxes | 450/3 | €7,011 | €7,011 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €0 | = | |
| Other amounts payable | 47/48 | €311,233 | €275,243 | -€35,989 | -11.6% |
| Accrued charges and deferred income | 492/3 | €1,013 | €45 | -€968 | -95.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,924 | €63,822 | -€4,102 | -6.0% |
| Other operating charges | 640/8 | €16,674 | €18,932 | +€2,258 | +13.5% |
| Non-recurring operating charges | 66A | €661 | - | -€661 | |
| Gross operating margin | 9900 | €126,136 | €122,303 | -€3,833 | -3.0% |
| Operating profit (loss) | 9901 | €40,878 | €39,548 | -€1,329 | -3.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €12,888 | €4,266 | -€8,622 | -66.9% |
| Recurring financial charges | 65 | €12,888 | €4,266 | -€8,622 | -66.9% |
| Profit (loss) for the period before taxes | 9903 | €27,990 | €35,282 | +€7,292 | +26.1% |
| Income taxes | 67/77 | €8,065 | €11,626 | +€3,560 | +44.1% |
| Profit (loss) for the period | 9904 | €19,924 | €23,657 | +€3,732 | +18.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,924 | €23,657 | +€3,732 | +18.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.