CHAFLOGISTICS: 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.
CHAFLOGISTICS
Largest movements
- Cash +€44,802
up €44,802 (+187.8%), from €23,852 to €68,653
mainly Net result for the year (+€52,897) and Receivables within one year (+€4,486)
- Tangible fixed assets +€13,745
up €13,745 (+510.1%), from €2,694 to €16,439
of which Plant, machinery and equipment: +€11,614
- Receivables within one year -€4,486
down €4,486 (-29.1%), from €15,415 to €10,930
of which Trade receivables: -€6,098
- Deferred charges and accrued income -€2,871
down €2,871 (-35.6%), from €8,054 to €5,184
- Reserves +€52,897
up €52,897 (+125.7%), from €42,091 to €94,988
- Tax, wage and social debts -€2,416
down €2,416 (-57.8%), from €4,181 to €1,765
- Gross operating margin +€16,567
up €16,567 (+30.8%), from €53,736 to €70,303
- Depreciation +€2,937
up €2,937 (+771.2%), from €381 to €3,318
- Taxes +€2,624
up €2,624 (+24.4%), from €10,763 to €13,387
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 | €50,016 | €101,206 | +€51,190 | +102.3% |
| Fixed assets | 21/28 | €2,694 | €16,439 | +€13,745 | +510.1% |
| Tangible fixed assets | 22/27 | €2,694 | €16,439 | +€13,745 | +510.1% |
| Plant, machinery and equipment | 23 | €2,271 | €13,885 | +€11,614 | +511.3% |
| Furniture and vehicles | 24 | €423 | €2,554 | +€2,131 | +504.0% |
| Current assets | 29/58 | €47,321 | €84,767 | +€37,445 | +79.1% |
| Amounts receivable within one year | 40/41 | €15,415 | €10,930 | -€4,486 | -29.1% |
| Trade receivables | 40 | €15,415 | €9,317 | -€6,098 | -39.6% |
| Other amounts receivable | 41 | - | €1,613 | +€1,613 | |
| Cash at bank and in hand | 54/58 | €23,852 | €68,653 | +€44,802 | +187.8% |
| Deferred charges and accrued income | 490/1 | €8,054 | €5,184 | -€2,871 | -35.6% |
| Total equity and liabilities | 10/49 | €50,016 | €101,206 | +€51,190 | +102.3% |
| Equity | 10/15 | €45,091 | €97,988 | +€52,897 | +117.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €42,091 | €94,988 | +€52,897 | +125.7% |
| Distributable reserves | 133 | €42,091 | €94,988 | +€52,897 | +125.7% |
| Amounts payable | 17/49 | €4,925 | €3,218 | -€1,707 | -34.7% |
| Amounts payable within one year | 42/48 | €4,925 | €3,218 | -€1,707 | -34.7% |
| Trade debts | 44 | €674 | €1,355 | +€681 | +101.1% |
| Suppliers | 440/4 | €674 | €1,355 | +€681 | +101.1% |
| Taxes, remuneration and social security | 45 | €4,181 | €1,765 | -€2,416 | -57.8% |
| Taxes | 450/3 | €4,181 | €1,765 | -€2,416 | -57.8% |
| Other amounts payable | 47/48 | €70 | €98 | +€28 | +39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €381 | €3,318 | +€2,937 | +771.2% |
| Other operating charges | 640/8 | €62 | €116 | +€54 | +86.5% |
| Gross operating margin | 9900 | €53,736 | €70,303 | +€16,567 | +30.8% |
| Operating profit (loss) | 9901 | €53,293 | €66,869 | +€13,576 | +25.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €439 | €585 | +€146 | +33.2% |
| Recurring financial charges | 65 | €439 | €585 | +€146 | +33.2% |
| Profit (loss) for the period before taxes | 9903 | €52,854 | €66,285 | +€13,431 | +25.4% |
| Income taxes | 67/77 | €10,763 | €13,387 | +€2,624 | +24.4% |
| Profit (loss) for the period | 9904 | €42,091 | €52,897 | +€10,807 | +25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €42,091 | €52,897 | +€10,807 | +25.7% |
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 9 October 2026 via checked.be.