CHAIR-TECH: 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.
CHAIR-TECH
Largest movements
- Cash +€13,251
up €13,251 (+135.5%), from €9,781 to €23,032
mainly Net result for the year (+€28,185) and Deferred charges and accrued income (+€3,702)
- Tangible fixed assets +€5,921
up €5,921 (+129.2%), from €4,584 to €10,505
of which Furniture and vehicles: +€6,842
- Receivables within one year +€4,494
up €4,494 (+12.5%), from €35,944 to €40,438
of which Trade receivables: +€5,042
- Deferred charges and accrued income -€3,702
down €3,702 (-82.9%), from €4,466 to €764
- Reserves +€28,185
up €28,185 (+70.5%), from €39,955 to €68,140
- Tax, wage and social debts -€7,445
down €7,445 (-80.9%), from €9,200 to €1,755
of which Taxes: -€7,865
- Gross operating margin -€8,627
down €8,627 (-15.9%), from €54,102 to €45,475
- Taxes -€2,865
down €2,865 (-19.5%), from €14,688 to €11,822
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 | €54,774 | €74,739 | +€19,965 | +36.4% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €4,584 | €10,505 | +€5,921 | +129.2% |
| Tangible fixed assets | 22/27 | €4,584 | €10,505 | +€5,921 | +129.2% |
| Plant, machinery and equipment | 23 | €3,506 | €2,584 | -€922 | -26.3% |
| Furniture and vehicles | 24 | €1,078 | €7,920 | +€6,842 | +634.8% |
| Current assets | 29/58 | €50,191 | €64,235 | +€14,044 | +28.0% |
| Amounts receivable within one year | 40/41 | €35,944 | €40,438 | +€4,494 | +12.5% |
| Trade receivables | 40 | €32,895 | €37,937 | +€5,042 | +15.3% |
| Other amounts receivable | 41 | €3,049 | €2,501 | -€548 | -18.0% |
| Cash at bank and in hand | 54/58 | €9,781 | €23,032 | +€13,251 | +135.5% |
| Deferred charges and accrued income | 490/1 | €4,466 | €764 | -€3,702 | -82.9% |
| Total equity and liabilities | 10/49 | €54,774 | €74,739 | +€19,965 | +36.4% |
| Equity | 10/15 | €43,455 | €71,640 | +€28,185 | +64.9% |
| Contributions | 10/11 | €3,500 | €3,500 | = | 0.0% |
| Reserves | 13 | €39,955 | €68,140 | +€28,185 | +70.5% |
| Distributable reserves | 133 | €39,955 | €68,140 | +€28,185 | +70.5% |
| Amounts payable | 17/49 | €11,319 | €3,099 | -€8,220 | -72.6% |
| Amounts payable within one year | 42/48 | €11,319 | €3,099 | -€8,220 | -72.6% |
| Trade debts | 44 | €1,165 | €527 | -€638 | -54.8% |
| Suppliers | 440/4 | €1,165 | €527 | -€638 | -54.8% |
| Taxes, remuneration and social security | 45 | €9,200 | €1,755 | -€7,445 | -80.9% |
| Taxes | 450/3 | €8,483 | €617 | -€7,865 | -92.7% |
| Remuneration and social security | 454/9 | €717 | €1,137 | +€420 | +58.6% |
| Other amounts payable | 47/48 | €954 | €817 | -€137 | -14.3% |
| Remuneration, social security and pensions | 62 | €0 | €199 | +€199 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,721 | €2,981 | +€261 | +9.6% |
| Other operating charges | 640/8 | €581 | €1,030 | +€449 | +77.2% |
| Non-recurring operating charges | 66A | - | €1,077 | +€1,077 | |
| Gross operating margin | 9900 | €54,102 | €45,475 | -€8,627 | -15.9% |
| Operating profit (loss) | 9901 | €50,800 | €40,187 | -€10,613 | -20.9% |
| Financial income | 75/76B | €8 | €5 | -€3 | -37.5% |
| Recurring financial income | 75 | €8 | €5 | -€3 | -37.5% |
| Financial charges | 65/66B | €118 | €185 | +€67 | +57.1% |
| Recurring financial charges | 65 | €118 | €185 | +€67 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €50,690 | €40,007 | -€10,683 | -21.1% |
| Income taxes | 67/77 | €14,688 | €11,822 | -€2,865 | -19.5% |
| Profit (loss) for the period | 9904 | €36,002 | €28,185 | -€7,817 | -21.7% |
| Profit (loss) for the period to be appropriated | 9905 | €36,002 | €28,185 | -€7,817 | -21.7% |
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 29 September 2026 via checked.be.