CHAGUI: 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.
CHAGUI
Largest movements
- Deferred charges and accrued income +€117,831
up €117,831 (+183.5%), from €64,203 to €182,033
- Current investments +€100,000
new in 2025: €100,000
- Cash -€51,191
down €51,191 (-52.6%), from €97,403 to €46,212
mainly Deferred charges and accrued income (-€117,831) and Current investments (-€100,000)
- Tangible fixed assets -€39,069
down €39,069 (-9.4%), from €414,217 to €375,147
of which Land and buildings: -€19,946
- Receivables within one year -€11,457
down €11,457 (-92.0%), from €12,457 to €1,000
of which Trade receivables: -€8,172
- Reserves +€106,067
up €106,067 (+54.3%), from €195,297 to €301,364
- Debts after one year -€57,925
down €57,925 (-19.3%), from €300,852 to €242,927
of which Financial debts: -€57,925
- Other debts +€48,089
up €48,089 (+1420.5%), from €3,385 to €51,474
- Tax, wage and social debts +€20,277
up €20,277 (+172.9%), from €11,729 to €32,005
of which Taxes: +€20,277
- Financial charges -€54,373
down €54,373 (-86.1%), from €63,133 to €8,760
- Purchases and services +€29,148
up €29,148 (+5.7%), from €514,739 to €543,887
- Taxes +€20,842
up €20,842 (+51.2%), from €40,715 to €61,556
- Turnover +€17,278
up €17,278 (+2.3%), from €761,337 to €778,614
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 | €588,280 | €704,393 | +€116,113 | +19.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €414,217 | €375,147 | -€39,069 | -9.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €414,217 | €375,147 | -€39,069 | -9.4% |
| Land and buildings | 22 | €325,816 | €305,869 | -€19,946 | -6.1% |
| Plant, machinery and equipment | 23 | €15,262 | €14,415 | -€847 | -5.5% |
| Furniture and vehicles | 24 | €39,980 | €33,712 | -€6,267 | -15.7% |
| Other tangible fixed assets | 26 | €33,159 | €21,150 | -€12,009 | -36.2% |
| Current assets | 29/58 | €174,063 | €329,246 | +€155,182 | +89.2% |
| Amounts receivable within one year | 40/41 | €12,457 | €1,000 | -€11,457 | -92.0% |
| Trade receivables | 40 | €8,172 | €0 | -€8,172 | -100.0% |
| Other amounts receivable | 41 | €4,285 | €1,000 | -€3,285 | -76.7% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €97,403 | €46,212 | -€51,191 | -52.6% |
| Deferred charges and accrued income | 490/1 | €64,203 | €182,033 | +€117,831 | +183.5% |
| Total equity and liabilities | 10/49 | €588,280 | €704,393 | +€116,113 | +19.7% |
| Equity | 10/15 | €213,897 | €319,964 | +€106,067 | +49.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €195,297 | €301,364 | +€106,067 | +54.3% |
| Distributable reserves | 133 | €195,297 | €301,364 | +€106,067 | +54.3% |
| Amounts payable | 17/49 | €374,383 | €384,429 | +€10,046 | +2.7% |
| Amounts payable after more than one year | 17 | €300,852 | €242,927 | -€57,925 | -19.3% |
| Financial debts | 170/4 | €299,352 | €241,427 | -€57,925 | -19.3% |
| Other amounts payable | 178/9 | €1,500 | €1,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €73,109 | €141,502 | +€68,393 | +93.5% |
| Current portion of amounts payable after more than one year | 42 | €53,627 | €54,966 | +€1,339 | +2.5% |
| Trade debts | 44 | €4,368 | €3,056 | -€1,312 | -30.0% |
| Suppliers | 440/4 | €4,368 | €3,056 | -€1,312 | -30.0% |
| Taxes, remuneration and social security | 45 | €11,729 | €32,005 | +€20,277 | +172.9% |
| Taxes | 450/3 | €11,729 | €32,005 | +€20,277 | +172.9% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €3,385 | €51,474 | +€48,089 | +1420.5% |
| Accrued charges and deferred income | 492/3 | €422 | €0 | -€422 | -100.0% |
| Turnover | 70 | €761,337 | €778,614 | +€17,278 | +2.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €514,739 | €543,887 | +€29,148 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,588 | €43,020 | -€2,568 | -5.6% |
| Other operating charges | 640/8 | €4,699 | €4,799 | +€100 | +2.1% |
| Gross operating margin | 9900 | €250,887 | €252,668 | +€1,781 | +0.7% |
| Operating profit (loss) | 9901 | €200,599 | €204,849 | +€4,250 | +2.1% |
| Financial charges | 65/66B | €63,133 | €8,760 | -€54,373 | -86.1% |
| Recurring financial charges | 65 | €63,133 | €8,760 | -€54,373 | -86.1% |
| Profit (loss) for the period before taxes | 9903 | €137,466 | €196,088 | +€58,623 | +42.6% |
| Income taxes | 67/77 | €40,715 | €61,556 | +€20,842 | +51.2% |
| Profit (loss) for the period | 9904 | €96,751 | €134,532 | +€37,781 | +39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €96,751 | €134,532 | +€37,781 | +39.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.