CHAKER: 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.
CHAKER
Largest movements
- Cash +€26,334
up €26,334 (+192%), from €13,726 to €40,060
mainly Net result for the year (+€31,838) and Trade debts (+€31,660)
- Stocks and contracts +€20,335
up €20,335 (+16.4%), from €123,948 to €144,283
- Tangible fixed assets -€14,760
no longer reported in 2025 (was €14,760)
- Profit (loss) carried forward +€31,838
up €31,838 (+69.2%), from -€46,000 to -€14,161
- Trade debts +€31,660
up €31,660 (+36.8%), from €86,029 to €117,689
- Other debts -€21,100
down €21,100 (-7.1%), from €295,492 to €274,392
- Tax, wage and social debts -€6,071
down €6,071 (-27.7%), from €21,917 to €15,846
of which Remuneration and social security: -€5,461
- Gross operating margin +€12,381
up €12,381 (+26.7%), from €46,436 to €58,817
- Financial charges +€7,843
up €7,843 (+1,379%), from €569 to €8,412
of which Non-recurring financial charges: +€8,009
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 | €395,417 | €427,623 | +€32,207 | +8.1% |
| Fixed assets | 21/28 | €256,760 | €242,000 | -€14,760 | -5.7% |
| Tangible fixed assets | 22/27 | €14,760 | - | -€14,760 | |
| Plant, machinery and equipment | 23 | €14,760 | - | -€14,760 | |
| Financial fixed assets | 28 | €242,000 | €242,000 | = | 0.0% |
| Current assets | 29/58 | €138,657 | €185,623 | +€46,967 | +33.9% |
| Stocks and contracts in progress | 3 | €123,948 | €144,283 | +€20,335 | +16.4% |
| Stocks | 30/36 | €123,948 | €144,283 | +€20,335 | +16.4% |
| Amounts receivable within one year | 40/41 | €983 | €1,281 | +€297 | +30.2% |
| Trade receivables | 40 | €983 | €1,281 | +€297 | +30.2% |
| Cash at bank and in hand | 54/58 | €13,726 | €40,060 | +€26,334 | +192% |
| Total equity and liabilities | 10/49 | €395,417 | €427,623 | +€32,207 | +8.1% |
| Equity | 10/15 | -€12,142 | €19,696 | +€31,838 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €15,258 | €15,258 | = | 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 | €13,398 | €13,398 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,000 | -€14,161 | +€31,838 | +69.2% |
| Amounts payable | 17/49 | €407,559 | €407,927 | +€368 | +0.1% |
| Amounts payable within one year | 42/48 | €407,559 | €407,927 | +€368 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €4,121 | - | -€4,121 | |
| Trade debts | 44 | €86,029 | €117,689 | +€31,660 | +36.8% |
| Suppliers | 440/4 | €86,029 | €117,689 | +€31,660 | +36.8% |
| Taxes, remuneration and social security | 45 | €21,917 | €15,846 | -€6,071 | -27.7% |
| Taxes | 450/3 | €8,414 | €7,804 | -€610 | -7.2% |
| Remuneration and social security | 454/9 | €13,503 | €8,042 | -€5,461 | -40.4% |
| Other amounts payable | 47/48 | €295,492 | €274,392 | -€21,100 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,760 | €14,760 | = | 0.0% |
| Other operating charges | 640/8 | €3,553 | €3,807 | +€254 | +7.1% |
| Gross operating margin | 9900 | €46,436 | €58,817 | +€12,381 | +26.7% |
| Operating profit (loss) | 9901 | €28,123 | €40,250 | +€12,127 | +43.1% |
| Financial charges | 65/66B | €569 | €8,412 | +€7,843 | +1,379% |
| Recurring financial charges | 65 | €569 | €403 | -€165 | -29.1% |
| Non-recurring financial charges | 66B | - | €8,009 | +€8,009 | |
| Profit (loss) for the period before taxes | 9903 | €27,554 | €31,838 | +€4,284 | +15.5% |
| Profit (loss) for the period | 9904 | €27,554 | €31,838 | +€4,284 | +15.5% |
| Profit (loss) for the period to be appropriated | 9905 | €27,554 | €31,838 | +€4,284 | +15.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.