CHAIDRON Timothé: 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.
What changed
CHAIDRON Timothé
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€68,897
2024 · €1,033-€69,930
Equity
€176,913
2024 · €246,883-€69,970
Cash
€24,289
2024 · €19,211+€5,078
Balance sheet total
€657,258
2024 · €583,030+€74,228
Largest movements
Assets
- Tangible fixed assets +€151,165
up €151,165 (+42.2%), from €357,839 to €509,004
of which Land and buildings: +€163,431
- Receivables within one year -€51,118
down €51,118 (-56.3%), from €90,847 to €39,729
of which Trade receivables: -€29,509
- Stocks and contracts -€30,522
down €30,522 (-29.0%), from €105,192 to €74,670
Equity and liabilities
- Debts after one year +€110,740
up €110,740 (+49.3%), from €224,444 to €335,183
- Profit (loss) carried forward -€68,897
down €68,897 (-88.7%), from €77,635 to €8,738
- Trade debts +€37,055
up €37,055 (+103%), from €35,804 to €72,858
Income statement
- Gross operating margin -€58,633
down €58,633, from €53,097 to -€5,536
- Turnover -€43,145
down €43,145 (-8.1%), from €535,585 to €492,440
- Purchases and services +€20,005
up €20,005 (+4.1%), from €482,491 to €502,496
- Depreciation +€7,855
up €7,855 (+19.2%), from €40,839 to €48,693
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.
Result 2024
€1,033
Gross operating margin
-€58,633
Staff costs
+€119
Depreciation
-€7,855
Other operating charges
-€148
Other operating items
-€800
Financial income
+€609
Financial charges
-€3,615
Taxes
+€391
Result 2025
-€68,897
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€99,730
Investment
-€199,858
Financing
+€105,206
Cash 2024
€19,211
From operations (derived)
+€99,730
Net result for the year
-€68,897
Depreciation
+€48,693
Stocks and contracts
+€30,522
Receivables within one year
+€51,118
Deferred charges and accrued income
+€375
Trade debts
+€37,055
Tax, wage and social debts
+€864
Investment (derived)
-€199,858
Investment in fixed assets (net)
-€199,858
Financing
+€105,206
Debts after one year
+€110,740
Current portion of long-term debt
-€4,461
Contributions, distributions and other
-€1,073
Cash 2025
€24,289
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €583,030 | €657,258 | +€74,228 | +12.7% |
| Fixed assets | 21/28 | €357,969 | €509,134 | +€151,165 | +42.2% |
| Tangible fixed assets | 22/27 | €357,839 | €509,004 | +€151,165 | +42.2% |
| Land and buildings | 22 | €295,915 | €459,346 | +€163,431 | +55.2% |
| Plant, machinery and equipment | 23 | €46,593 | €43,453 | -€3,140 | -6.7% |
| Furniture and vehicles | 24 | €7,335 | €2,494 | -€4,842 | -66.0% |
| Other tangible fixed assets | 26 | €7,996 | €3,711 | -€4,285 | -53.6% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €225,061 | €148,124 | -€76,936 | -34.2% |
| Stocks and contracts in progress | 3 | €105,192 | €74,670 | -€30,522 | -29.0% |
| Stocks | 30/36 | €105,192 | €74,670 | -€30,522 | -29.0% |
| Amounts receivable within one year | 40/41 | €90,847 | €39,729 | -€51,118 | -56.3% |
| Trade receivables | 40 | €40,537 | €11,028 | -€29,509 | -72.8% |
| Other amounts receivable | 41 | €50,310 | €28,701 | -€21,608 | -43.0% |
| Cash at bank and in hand | 54/58 | €19,211 | €24,289 | +€5,078 | +26.4% |
| Deferred charges and accrued income | 490/1 | €9,811 | €9,436 | -€375 | -3.8% |
| Total equity and liabilities | 10/49 | €583,030 | €657,258 | +€74,228 | +12.7% |
| Equity | 10/15 | €246,883 | €176,913 | -€69,970 | -28.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €135,360 | €135,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €133,500 | €133,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €77,635 | €8,738 | -€68,897 | -88.7% |
| Investment grants | 15 | €15,288 | €14,215 | -€1,073 | -7.0% |
| Amounts payable | 17/49 | €336,147 | €480,345 | +€144,198 | +42.9% |
| Amounts payable after more than one year | 17 | €224,444 | €335,183 | +€110,740 | +49.3% |
| Financial debts | 170/4 | €224,444 | €335,183 | +€110,740 | +49.3% |
| Amounts payable within one year | 42/48 | €111,704 | €145,162 | +€33,458 | +30.0% |
| Current portion of amounts payable after more than one year | 42 | €75,865 | €71,404 | -€4,461 | -5.9% |
| Trade debts | 44 | €35,804 | €72,858 | +€37,055 | +103% |
| Suppliers | 440/4 | €35,804 | €72,858 | +€37,055 | +103% |
| Taxes, remuneration and social security | 45 | €35 | €899 | +€864 | +2,492% |
| Taxes | 450/3 | €35 | €899 | +€864 | +2,492% |
| Turnover | 70 | €535,585 | €492,440 | -€43,145 | -8.1% |
| Non-recurring operating income | 76A | €3 | €4,520 | +€4,517 | +166,062% |
| Goods, raw materials, services and sundry goods | 60/61 | €482,491 | €502,496 | +€20,005 | +4.1% |
| Remuneration, social security and pensions | 62 | €904 | €784 | -€119 | -13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,839 | €48,693 | +€7,855 | +19.2% |
| Other operating charges | 640/8 | €3,632 | €3,780 | +€148 | +4.1% |
| Non-recurring operating charges | 66A | €162 | €962 | +€800 | +495% |
| Gross operating margin | 9900 | €53,097 | -€5,536 | -€58,633 | |
| Operating profit (loss) | 9901 | €7,562 | -€59,755 | -€67,316 | |
| Financial income | 75/76B | €3,557 | €4,166 | +€609 | +17.1% |
| Recurring financial income | 75 | €3,557 | €4,166 | +€609 | +17.1% |
| Financial charges | 65/66B | €9,460 | €13,075 | +€3,615 | +38.2% |
| Recurring financial charges | 65 | €9,460 | €13,075 | +€3,615 | +38.2% |
| Profit (loss) for the period before taxes | 9903 | €1,658 | -€68,664 | -€70,322 | |
| Income taxes | 67/77 | €625 | €233 | -€391 | -62.7% |
| Profit (loss) for the period | 9904 | €1,033 | -€68,897 | -€69,930 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,033 | -€68,897 | -€69,930 |
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.