CHALETS BAKA: 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.
CHALETS BAKA
Largest movements
- Cash -€59,779
down €59,779 (-49.3%), from €121,310 to €61,531
mainly Debts after one year (-€59,023) and Investment in fixed assets (net) (-€46,665)
- Tangible fixed assets +€35,633
up €35,633 (+6.5%), from €550,036 to €585,669
of which Land and buildings: +€31,003
- Receivables within one year -€25,941
down €25,941 (-16.2%), from €159,763 to €133,823
of which Trade receivables: -€24,945
- Debts after one year -€59,023
no longer reported in 2025 (was €59,023)
- Reserves +€36,283
up €36,283 (+14.4%), from €252,595 to €288,878
- Tax, wage and social debts -€11,116
down €11,116 (-21.2%), from €52,531 to €41,415
- Gross operating margin -€91,463
down €91,463 (-47.2%), from €193,589 to €102,126
- Taxes -€29,049
down €29,049 (-61.9%), from €46,924 to €17,875
- Other operating charges +€5,032
up €5,032 (+21.9%), from €22,928 to €27,961
- Depreciation +€2,017
up €2,017 (+22.4%), from €9,016 to €11,033
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 | €832,261 | €785,558 | -€46,703 | -5.6% |
| Fixed assets | 21/28 | €551,187 | €586,820 | +€35,633 | +6.5% |
| Tangible fixed assets | 22/27 | €550,036 | €585,669 | +€35,633 | +6.5% |
| Land and buildings | 22 | €541,536 | €572,539 | +€31,003 | +5.7% |
| Plant, machinery and equipment | 23 | €1,430 | €1,573 | +€143 | +10.0% |
| Furniture and vehicles | 24 | €7,070 | €11,557 | +€4,487 | +63.5% |
| Financial fixed assets | 28 | €1,151 | €1,151 | = | 0.0% |
| Current assets | 29/58 | €281,074 | €198,738 | -€82,336 | -29.3% |
| Amounts receivable within one year | 40/41 | €159,763 | €133,823 | -€25,941 | -16.2% |
| Trade receivables | 40 | €59,375 | €34,431 | -€24,945 | -42.0% |
| Other amounts receivable | 41 | €100,388 | €99,392 | -€996 | -1.0% |
| Cash at bank and in hand | 54/58 | €121,310 | €61,531 | -€59,779 | -49.3% |
| Deferred charges and accrued income | 490/1 | - | €3,384 | +€3,384 | |
| Total equity and liabilities | 10/49 | €832,261 | €785,558 | -€46,703 | -5.6% |
| Equity | 10/15 | €632,095 | €668,378 | +€36,283 | +5.7% |
| Contributions | 10/11 | €379,500 | €379,500 | = | 0.0% |
| Reserves | 13 | €252,595 | €288,878 | +€36,283 | +14.4% |
| Distributable reserves | 133 | €252,595 | €288,878 | +€36,283 | +14.4% |
| Amounts payable | 17/49 | €200,165 | €117,180 | -€82,986 | -41.5% |
| Amounts payable after more than one year | 17 | €59,023 | - | -€59,023 | |
| Financial debts | 170/4 | €59,023 | - | -€59,023 | |
| Amounts payable within one year | 42/48 | €141,142 | €117,180 | -€23,963 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €63,730 | €59,023 | -€4,707 | -7.4% |
| Trade debts | 44 | €12,919 | €6,987 | -€5,932 | -45.9% |
| Suppliers | 440/4 | €12,919 | €6,987 | -€5,932 | -45.9% |
| Taxes, remuneration and social security | 45 | €52,531 | €41,415 | -€11,116 | -21.2% |
| Taxes | 450/3 | €52,531 | €41,415 | -€11,116 | -21.2% |
| Other amounts payable | 47/48 | €11,962 | €9,754 | -€2,208 | -18.5% |
| Remuneration, social security and pensions | 62 | €6,298 | €6,838 | +€540 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,016 | €11,033 | +€2,017 | +22.4% |
| Other operating charges | 640/8 | €22,928 | €27,961 | +€5,032 | +21.9% |
| Gross operating margin | 9900 | €193,589 | €102,126 | -€91,463 | -47.2% |
| Operating profit (loss) | 9901 | €155,347 | €56,295 | -€99,052 | -63.8% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,721 | €2,139 | -€583 | -21.4% |
| Recurring financial charges | 65 | €2,721 | €2,139 | -€583 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €152,625 | €54,158 | -€98,467 | -64.5% |
| Income taxes | 67/77 | €46,924 | €17,875 | -€29,049 | -61.9% |
| Profit (loss) for the period | 9904 | €105,701 | €36,283 | -€69,418 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €105,701 | €36,283 | -€69,418 | -65.7% |
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 20 October 2026 via checked.be.