ChaLauMar: 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.
ChaLauMar
Largest movements
- Current investments -€360,112
no longer reported in 2025 (was €360,112)
- Cash +€157,388
up €157,388 (+33.9%), from €464,513 to €621,901
mainly Current investments (+€360,112) and Net result for the year (+€45,469)
- Tangible fixed assets -€33,832
down €33,832 (-42.9%), from €78,905 to €45,073
of which Land and buildings: -€30,000
- Receivables within one year +€21,253
up €21,253 (+106.3%), from €20,000 to €41,253
of which Trade receivables: +€21,236
- Trade debts -€235,664
down €235,664 (-99.4%), from €237,028 to €1,364
- Profit (loss) carried forward +€45,469
up €45,469 (+10.9%), from €416,402 to €461,871
- Accrued charges and deferred income -€20,000
no longer reported in 2025 (was €20,000)
- Debts after one year -€19,621
down €19,621 (-30.5%), from €64,269 to €44,648
- Other debts +€13,621
up €13,621 (+47.6%), from €28,602 to €42,223
- Gross operating margin -€9,726
down €9,726 (-10.5%), from €92,887 to €83,161
- Financial income -€5,046
down €5,046 (-14.4%), from €35,072 to €30,026
- Staff costs +€3,449
up €3,449 (+121.8%), from €2,831 to €6,281
- Taxes -€3,017
down €3,017 (-16.0%), from €18,812 to €15,795
- Other operating charges +€2,185
up €2,185 (+108.9%), from €2,007 to €4,192
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 | €936,390 | €721,087 | -€215,303 | -23.0% |
| Fixed assets | 21/28 | €91,766 | €57,934 | -€33,832 | -36.9% |
| Tangible fixed assets | 22/27 | €78,905 | €45,073 | -€33,832 | -42.9% |
| Land and buildings | 22 | €71,228 | €41,228 | -€30,000 | -42.1% |
| Furniture and vehicles | 24 | €7,677 | €3,845 | -€3,832 | -49.9% |
| Financial fixed assets | 28 | €12,861 | €12,861 | = | 0.0% |
| Current assets | 29/58 | €844,625 | €663,154 | -€181,471 | -21.5% |
| Amounts receivable within one year | 40/41 | €20,000 | €41,253 | +€21,253 | +106.3% |
| Trade receivables | 40 | €20,000 | €41,236 | +€21,236 | +106.2% |
| Other amounts receivable | 41 | - | €17 | +€17 | |
| Current investments | 50/53 | €360,112 | - | -€360,112 | |
| Cash at bank and in hand | 54/58 | €464,513 | €621,901 | +€157,388 | +33.9% |
| Total equity and liabilities | 10/49 | €936,390 | €721,087 | -€215,303 | -23.0% |
| Equity | 10/15 | €560,402 | €605,871 | +€45,469 | +8.1% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €104,000 | €104,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,000 | €4,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,000 | €4,000 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €416,402 | €461,871 | +€45,469 | +10.9% |
| Amounts payable | 17/49 | €375,988 | €115,216 | -€260,772 | -69.4% |
| Amounts payable after more than one year | 17 | €64,269 | €44,648 | -€19,621 | -30.5% |
| Financial debts | 170/4 | €64,269 | €44,648 | -€19,621 | -30.5% |
| Amounts payable within one year | 42/48 | €291,719 | €70,569 | -€221,151 | -75.8% |
| Current portion of amounts payable after more than one year | 42 | €22,660 | €22,557 | -€103 | -0.5% |
| Trade debts | 44 | €237,028 | €1,364 | -€235,664 | -99.4% |
| Suppliers | 440/4 | €237,028 | €1,364 | -€235,664 | -99.4% |
| Taxes, remuneration and social security | 45 | €3,429 | €4,424 | +€995 | +29.0% |
| Taxes | 450/3 | €3,429 | €4,424 | +€995 | +29.0% |
| Other amounts payable | 47/48 | €28,602 | €42,223 | +€13,621 | +47.6% |
| Accrued charges and deferred income | 492/3 | €20,000 | - | -€20,000 | |
| Remuneration, social security and pensions | 62 | €2,831 | €6,281 | +€3,449 | +121.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,823 | €33,832 | +€9 | 0.0% |
| Other operating charges | 640/8 | €2,007 | €4,192 | +€2,185 | +108.9% |
| Gross operating margin | 9900 | €92,887 | €83,161 | -€9,726 | -10.5% |
| Operating profit (loss) | 9901 | €54,226 | €38,857 | -€15,369 | -28.3% |
| Financial income | 75/76B | €35,072 | €30,026 | -€5,046 | -14.4% |
| Recurring financial income | 75 | €35,072 | €30,026 | -€5,046 | -14.4% |
| Financial charges | 65/66B | €5,977 | €7,619 | +€1,642 | +27.5% |
| Recurring financial charges | 65 | €5,977 | €7,619 | +€1,642 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | €83,322 | €61,264 | -€22,058 | -26.5% |
| Income taxes | 67/77 | €18,812 | €15,795 | -€3,017 | -16.0% |
| Profit (loss) for the period | 9904 | €64,509 | €45,469 | -€19,040 | -29.5% |
| Profit (loss) for the period to be appropriated | 9905 | €64,509 | €45,469 | -€19,040 | -29.5% |
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 9 October 2026 via checked.be.