CHAJULOU: 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.
CHAJULOU
Largest movements
- Current investments -€60,000
down €60,000 (-23.1%), from €260,000 to €200,000
- Tangible fixed assets -€29,385
down €29,385 (-8.3%), from €354,054 to €324,669
of which Land and buildings: -€15,642
- Cash +€12,492
up €12,492 (+47.5%), from €26,311 to €38,803
mainly Current investments (+€60,000) and Depreciation (+€33,303)
- Receivables within one year -€11,506
down €11,506 (-14.5%), from €79,392 to €67,887
of which Other amounts receivable: -€41,248
- Reserves -€56,399
down €56,399 (-9.8%), from €574,404 to €518,005
of which Distributable reserves: -€54,268
- Debts after one year -€34,820
down €34,820 (-20.4%), from €170,411 to €135,591
- Profit (loss) carried forward +€16,399
no longer reported in 2025 (was -€16,399)
- Tax, wage and social debts -€10,363
down €10,363 (-60.7%), from €17,060 to €6,697
- Gross operating margin -€343,932
down €343,932 (-88.1%), from €390,568 to €46,636
- Staff costs -€30,259
down €30,259 (-99.2%), from €30,489 to €230
- Depreciation -€25,299
down €25,299 (-43.2%), from €58,602 to €33,303
- Financial income -€12,188
down €12,188 (-43.4%), from €28,074 to €15,886
of which Non-recurring financial income: -€17,336
- Other operating charges -€5,900
down €5,900 (-44.6%), from €13,229 to €7,329
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €895,060 | €805,944 | -€89,115 | -10.0% |
| Fixed assets | 21/28 | €354,054 | €324,669 | -€29,385 | -8.3% |
| Tangible fixed assets | 22/27 | €354,054 | €324,669 | -€29,385 | -8.3% |
| Land and buildings | 22 | €262,765 | €247,122 | -€15,642 | -6.0% |
| Plant, machinery and equipment | 23 | €13,726 | €11,687 | -€2,039 | -14.9% |
| Furniture and vehicles | 24 | €51,893 | €38,202 | -€13,691 | -26.4% |
| Other tangible fixed assets | 26 | €25,670 | €27,658 | +€1,987 | +7.7% |
| Current assets | 29/58 | €541,005 | €481,276 | -€59,730 | -11.0% |
| Amounts receivable after more than one year | 29 | €166,819 | €166,819 | = | 0.0% |
| Other amounts receivable | 291 | €166,819 | €166,819 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €79,392 | €67,887 | -€11,506 | -14.5% |
| Trade receivables | 40 | €18,810 | €48,552 | +€29,742 | +158% |
| Other amounts receivable | 41 | €60,582 | €19,335 | -€41,248 | -68.1% |
| Current investments | 50/53 | €260,000 | €200,000 | -€60,000 | -23.1% |
| Cash at bank and in hand | 54/58 | €26,311 | €38,803 | +€12,492 | +47.5% |
| Deferred charges and accrued income | 490/1 | €8,483 | €7,767 | -€717 | -8.4% |
| Total equity and liabilities | 10/49 | €895,060 | €805,944 | -€89,115 | -10.0% |
| Equity | 10/15 | €589,005 | €549,005 | -€40,000 | -6.8% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Contributions outside capital | 11 | - | €31,000 | +€31,000 | |
| Other | 1109/19 | - | €31,000 | +€31,000 | |
| Reserves | 13 | €574,404 | €518,005 | -€56,399 | -9.8% |
| Tax-exempt reserves | 132 | €248,675 | €246,544 | -€2,131 | -0.9% |
| Distributable reserves | 133 | €325,728 | €271,461 | -€54,268 | -16.7% |
| Profit (loss) carried forward | 14 | -€16,399 | - | +€16,399 | |
| Provisions and deferred taxes | 16 | €76,642 | €75,931 | -€710 | -0.9% |
| Deferred taxes | 168 | €76,642 | €75,931 | -€710 | -0.9% |
| Amounts payable | 17/49 | €229,413 | €181,008 | -€48,405 | -21.1% |
| Amounts payable after more than one year | 17 | €170,411 | €135,591 | -€34,820 | -20.4% |
| Financial debts | 170/4 | €170,411 | €135,591 | -€34,820 | -20.4% |
| Amounts payable within one year | 42/48 | €58,009 | €45,417 | -€12,592 | -21.7% |
| Current portion of amounts payable after more than one year | 42 | €34,155 | €34,820 | +€666 | +1.9% |
| Trade debts | 44 | €6,795 | €1,330 | -€5,464 | -80.4% |
| Suppliers | 440/4 | €6,795 | €1,330 | -€5,464 | -80.4% |
| Taxes, remuneration and social security | 45 | €17,060 | €6,697 | -€10,363 | -60.7% |
| Taxes | 450/3 | €17,060 | €6,697 | -€10,363 | -60.7% |
| Other amounts payable | 47/48 | - | €2,569 | +€2,569 | |
| Accrued charges and deferred income | 492/3 | €992 | - | -€992 | |
| Non-recurring operating income | 76A | €24,560 | - | -€24,560 | |
| Remuneration, social security and pensions | 62 | €30,489 | €230 | -€30,259 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,602 | €33,303 | -€25,299 | -43.2% |
| Other operating charges | 640/8 | €13,229 | €7,329 | -€5,900 | -44.6% |
| Gross operating margin | 9900 | €390,568 | €46,636 | -€343,932 | -88.1% |
| Operating profit (loss) | 9901 | €288,248 | €5,774 | -€282,474 | -98.0% |
| Financial income | 75/76B | €28,074 | €15,886 | -€12,188 | -43.4% |
| Recurring financial income | 75 | €10,738 | €15,886 | +€5,148 | +47.9% |
| Non-recurring financial income | 76B | €17,336 | - | -€17,336 | |
| Financial charges | 65/66B | €7,216 | €3,700 | -€3,516 | -48.7% |
| Recurring financial charges | 65 | €7,216 | €3,700 | -€3,516 | -48.7% |
| Profit (loss) for the period before taxes | 9903 | €309,107 | €17,960 | -€291,146 | -94.2% |
| Transfer from deferred taxes | 780 | €328 | €710 | +€382 | +117% |
| Transfer to deferred taxes | 680 | €76,970 | - | -€76,970 | |
| Income taxes | 67/77 | €188 | €1,670 | +€1,483 | +789% |
| Profit (loss) for the period | 9904 | €232,277 | €17,000 | -€215,277 | -92.7% |
| Transfer from tax-exempt reserves | 789 | €984 | €2,131 | +€1,147 | +117% |
| Transfer to tax-exempt reserves | 689 | €249,660 | - | -€249,660 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,399 | €19,131 | +€35,530 |
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 21 October 2026 via checked.be.