CHAFIK: 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.
CHAFIK
Largest movements
- Tangible fixed assets -€10,863
down €10,863 (-21.8%), from €49,754 to €38,891
- Receivables after one year +€2,550
up €2,550 (+131%), from €1,950 to €4,500
- Cash -€1,497
down €1,497 (-92.8%), from €1,613 to €117
mainly Debts after one year (-€12,721) and Net result for the year (-€6,028)
- Receivables within one year +€1,029
up €1,029 (+71.7%), from €1,435 to €2,464
of which Trade receivables: +€2,464
- Debts after one year -€12,721
down €12,721 (-33.0%), from €38,500 to €25,779
- Other debts +€8,778
up €8,778 (+31.2%), from €28,173 to €36,951
- Profit (loss) carried forward -€6,028
down €6,028 (-23.0%), from -€26,217 to -€32,245
- Tax, wage and social debts +€2,796
new in 2025: €2,796
- Trade debts -€1,606
down €1,606 (-84.7%), from €1,896 to €291
- Gross operating margin +€11,423
up €11,423, from -€2,638 to €8,785
- Depreciation +€9,135
up €9,135 (+529%), from €1,728 to €10,863
- Other operating charges +€1,826
up €1,826 (+436%), from €419 to €2,245
- Financial charges +€920
up €920 (+214%), from €430 to €1,350
- Taxes +€355
new in 2025: €355
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 | €54,752 | €45,971 | -€8,781 | -16.0% |
| Fixed assets | 21/28 | €49,754 | €38,891 | -€10,863 | -21.8% |
| Tangible fixed assets | 22/27 | €49,754 | €38,891 | -€10,863 | -21.8% |
| Furniture and vehicles | 24 | €49,754 | €38,891 | -€10,863 | -21.8% |
| Current assets | 29/58 | €4,998 | €7,081 | +€2,082 | +41.7% |
| Amounts receivable after more than one year | 29 | €1,950 | €4,500 | +€2,550 | +131% |
| Trade receivables | 290 | €1,950 | €4,500 | +€2,550 | +131% |
| Amounts receivable within one year | 40/41 | €1,435 | €2,464 | +€1,029 | +71.7% |
| Trade receivables | 40 | - | €2,464 | +€2,464 | |
| Other amounts receivable | 41 | €1,435 | - | -€1,435 | |
| Cash at bank and in hand | 54/58 | €1,613 | €117 | -€1,497 | -92.8% |
| Total equity and liabilities | 10/49 | €54,752 | €45,971 | -€8,781 | -16.0% |
| Equity | 10/15 | -€13,817 | -€19,845 | -€6,028 | -43.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,217 | -€32,245 | -€6,028 | -23.0% |
| Amounts payable | 17/49 | €68,569 | €65,817 | -€2,752 | -4.0% |
| Amounts payable after more than one year | 17 | €38,500 | €25,779 | -€12,721 | -33.0% |
| Financial debts | 170/4 | €38,500 | €25,779 | -€12,721 | -33.0% |
| Amounts payable within one year | 42/48 | €30,069 | €40,037 | +€9,968 | +33.2% |
| Trade debts | 44 | €1,896 | €291 | -€1,606 | -84.7% |
| Suppliers | 440/4 | €1,896 | €291 | -€1,606 | -84.7% |
| Taxes, remuneration and social security | 45 | - | €2,796 | +€2,796 | |
| Taxes | 450/3 | - | €2,796 | +€2,796 | |
| Other amounts payable | 47/48 | €28,173 | €36,951 | +€8,778 | +31.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,728 | €10,863 | +€9,135 | +529% |
| Other operating charges | 640/8 | €419 | €2,245 | +€1,826 | +436% |
| Gross operating margin | 9900 | -€2,638 | €8,785 | +€11,423 | |
| Operating profit (loss) | 9901 | -€4,785 | -€4,323 | +€462 | +9.7% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €430 | €1,350 | +€920 | +214% |
| Recurring financial charges | 65 | €430 | €1,350 | +€920 | +214% |
| Profit (loss) for the period before taxes | 9903 | -€5,203 | -€5,673 | -€470 | -9.0% |
| Income taxes | 67/77 | - | €355 | +€355 | |
| Profit (loss) for the period | 9904 | -€5,203 | -€6,028 | -€825 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,203 | -€6,028 | -€825 | -15.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.