CHAIRPOINT: 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.
CHAIRPOINT
Largest movements
- Tangible fixed assets -€16,600
down €16,600 (-3.2%), from €525,572 to €508,972
of which Land and buildings: -€15,559
- Receivables within one year -€10,784
down €10,784 (-58.0%), from €18,596 to €7,811
of which Other amounts receivable: -€8,007
- Cash -€9,254
down €9,254 (-18.5%), from €49,957 to €40,703
mainly Debts after one year (-€35,775) and Advances received (-€10,598)
- Debts after one year -€35,775
down €35,775 (-7.0%), from €508,870 to €473,096
- Profit (loss) carried forward +€23,718
up €23,718 (+54.8%), from €43,299 to €67,018
- Advances received -€10,598
down €10,598 (-44.2%), from €23,991 to €13,394
- Gross operating margin +€42,558
up €42,558 (+208.7%), from €20,389 to €62,947
- Taxes +€4,559
up €4,559 (+3683.0%), from €124 to €4,683
- Depreciation -€3,271
down €3,271 (-12.9%), from €25,322 to €22,052
- Financial income -€1,160
down €1,160 (-59.3%), from €1,957 to €797
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 | €638,929 | €606,329 | -€32,600 | -5.1% |
| Fixed assets | 21/28 | €525,847 | €509,247 | -€16,600 | -3.2% |
| Tangible fixed assets | 22/27 | €525,572 | €508,972 | -€16,600 | -3.2% |
| Land and buildings | 22 | €523,847 | €508,288 | -€15,559 | -3.0% |
| Plant, machinery and equipment | 23 | €657 | €0 | -€657 | -100.0% |
| Furniture and vehicles | 24 | €1,068 | €683 | -€385 | -36.0% |
| Financial fixed assets | 28 | €275 | €275 | = | 0.0% |
| Current assets | 29/58 | €113,082 | €97,082 | -€16,000 | -14.1% |
| Stocks and contracts in progress | 3 | €36,783 | €37,817 | +€1,034 | +2.8% |
| Stocks | 30/36 | €36,783 | €37,817 | +€1,034 | +2.8% |
| Amounts receivable within one year | 40/41 | €18,596 | €7,811 | -€10,784 | -58.0% |
| Trade receivables | 40 | €5,371 | €2,593 | -€2,778 | -51.7% |
| Other amounts receivable | 41 | €13,225 | €5,218 | -€8,007 | -60.5% |
| Cash at bank and in hand | 54/58 | €49,957 | €40,703 | -€9,254 | -18.5% |
| Deferred charges and accrued income | 490/1 | €7,746 | €10,751 | +€3,005 | +38.8% |
| Total equity and liabilities | 10/49 | €638,929 | €606,329 | -€32,600 | -5.1% |
| Equity | 10/15 | €62,138 | €85,856 | +€23,718 | +38.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €239 | €239 | = | 0.0% |
| Distributable reserves | 133 | €239 | €239 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,299 | €67,018 | +€23,718 | +54.8% |
| Amounts payable | 17/49 | €576,791 | €520,473 | -€56,319 | -9.8% |
| Amounts payable after more than one year | 17 | €508,870 | €473,096 | -€35,775 | -7.0% |
| Financial debts | 170/4 | €508,870 | €473,096 | -€35,775 | -7.0% |
| Amounts payable within one year | 42/48 | €65,566 | €46,037 | -€19,529 | -29.8% |
| Current portion of amounts payable after more than one year | 42 | €24,330 | €24,775 | +€444 | +1.8% |
| Trade debts | 44 | €3,348 | €136 | -€3,213 | -95.9% |
| Suppliers | 440/4 | €3,348 | €136 | -€3,213 | -95.9% |
| Advances received on contracts in progress | 46 | €23,991 | €13,394 | -€10,598 | -44.2% |
| Taxes, remuneration and social security | 45 | €10,708 | €7,398 | -€3,310 | -30.9% |
| Taxes | 450/3 | €10,708 | €7,398 | -€3,310 | -30.9% |
| Other amounts payable | 47/48 | €3,188 | €334 | -€2,854 | -89.5% |
| Accrued charges and deferred income | 492/3 | €2,355 | €1,341 | -€1,014 | -43.1% |
| Non-recurring operating income | 76A | - | €304 | +€304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,322 | €22,052 | -€3,271 | -12.9% |
| Other operating charges | 640/8 | €2,731 | €3,159 | +€428 | +15.7% |
| Gross operating margin | 9900 | €20,389 | €62,947 | +€42,558 | +208.7% |
| Operating profit (loss) | 9901 | -€7,665 | €37,736 | +€45,401 | |
| Financial income | 75/76B | €1,957 | €797 | -€1,160 | -59.3% |
| Recurring financial income | 75 | €1,957 | €797 | -€1,160 | -59.3% |
| Financial charges | 65/66B | €10,451 | €10,132 | -€319 | -3.1% |
| Recurring financial charges | 65 | €10,451 | €10,132 | -€319 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€16,159 | €28,401 | +€44,560 | |
| Income taxes | 67/77 | €124 | €4,683 | +€4,559 | +3683.0% |
| Profit (loss) for the period | 9904 | -€16,283 | €23,718 | +€40,001 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,283 | €23,718 | +€40,001 |
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 7 October 2026 via checked.be.