CHALEUR CONCEPTION: 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.
CHALEUR CONCEPTION
Largest movements
- Tangible fixed assets +€328,762
up €328,762 (+231%), from €142,240 to €471,002
of which Land and buildings: +€342,666
- Receivables within one year +€233,621
up €233,621 (+120%), from €195,068 to €428,690
of which Trade receivables: +€367,732
- Cash +€70,750
up €70,750 (+42.0%), from €168,389 to €239,139
mainly Trade debts (+€412,165) and Debts after one year (+€307,142)
- Trade debts +€412,165
up €412,165 (+1,953%), from €21,109 to €433,274
- Debts after one year +€307,142
up €307,142 (+211%), from €145,312 to €452,454
- Short-term financial debts -€140,000
no longer reported in 2025 (was €140,000)
- Reserves +€75,000
up €75,000 (+74.4%), from €100,785 to €175,785
- Tax, wage and social debts -€23,329
down €23,329 (-62.0%), from €37,623 to €14,294
of which Taxes: -€17,378
- Gross operating margin +€79,859
up €79,859 (+22.9%), from €348,123 to €427,982
- Depreciation +€52,455
up €52,455 (+246%), from €21,304 to €73,758
- Staff costs -€24,619
down €24,619 (-10.1%), from €243,122 to €218,503
- Write-downs +€18,093
new in 2025: €18,093
- Financial charges +€13,776
up €13,776 (+222%), from €6,213 to €19,989
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 | €515,827 | €1,145,673 | +€629,846 | +122% |
| Fixed assets | 21/28 | €142,488 | €471,250 | +€328,762 | +231% |
| Tangible fixed assets | 22/27 | €142,240 | €471,002 | +€328,762 | +231% |
| Land and buildings | 22 | €59,024 | €401,690 | +€342,666 | +581% |
| Plant, machinery and equipment | 23 | €68,338 | €62,324 | -€6,014 | -8.8% |
| Furniture and vehicles | 24 | €14,878 | €6,988 | -€7,890 | -53.0% |
| Financial fixed assets | 28 | €248 | €248 | = | 0.0% |
| Current assets | 29/58 | €373,339 | €674,423 | +€301,084 | +80.6% |
| Stocks and contracts in progress | 3 | €4,119 | €4,641 | +€521 | +12.7% |
| Stocks | 30/36 | €4,119 | €4,641 | +€521 | +12.7% |
| Amounts receivable within one year | 40/41 | €195,068 | €428,690 | +€233,621 | +120% |
| Trade receivables | 40 | €36,309 | €404,040 | +€367,732 | +1,013% |
| Other amounts receivable | 41 | €158,760 | €24,649 | -€134,111 | -84.5% |
| Cash at bank and in hand | 54/58 | €168,389 | €239,139 | +€70,750 | +42.0% |
| Deferred charges and accrued income | 490/1 | €5,762 | €1,954 | -€3,809 | -66.1% |
| Total equity and liabilities | 10/49 | €515,827 | €1,145,673 | +€629,846 | +122% |
| Equity | 10/15 | €140,637 | €216,469 | +€75,832 | +53.9% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €100,785 | €175,785 | +€75,000 | +74.4% |
| Distributable reserves | 133 | €100,785 | €175,785 | +€75,000 | +74.4% |
| Profit (loss) carried forward | 14 | €33,552 | €34,384 | +€832 | +2.5% |
| Amounts payable | 17/49 | €375,190 | €929,204 | +€554,014 | +148% |
| Amounts payable after more than one year | 17 | €145,312 | €452,454 | +€307,142 | +211% |
| Financial debts | 170/4 | €145,312 | €452,454 | +€307,142 | +211% |
| Amounts payable within one year | 42/48 | €228,955 | €476,750 | +€247,795 | +108% |
| Current portion of amounts payable after more than one year | 42 | €24,912 | €29,182 | +€4,271 | +17.1% |
| Financial debts | 43 | €140,000 | - | -€140,000 | |
| Credit institutions | 430/8 | €140,000 | - | -€140,000 | |
| Trade debts | 44 | €21,109 | €433,274 | +€412,165 | +1,953% |
| Suppliers | 440/4 | €21,109 | €433,274 | +€412,165 | +1,953% |
| Advances received on contracts in progress | 46 | €5,312 | - | -€5,312 | |
| Taxes, remuneration and social security | 45 | €37,623 | €14,294 | -€23,329 | -62.0% |
| Taxes | 450/3 | €22,534 | €5,157 | -€17,378 | -77.1% |
| Remuneration and social security | 454/9 | €15,089 | €9,138 | -€5,951 | -39.4% |
| Accrued charges and deferred income | 492/3 | €923 | - | -€923 | |
| Non-recurring operating income | 76A | €496 | - | -€496 | |
| Remuneration, social security and pensions | 62 | €243,122 | €218,503 | -€24,619 | -10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,304 | €73,758 | +€52,455 | +246% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €18,093 | +€18,093 | |
| Other operating charges | 640/8 | €1,041 | €748 | -€293 | -28.1% |
| Non-recurring operating charges | 66A | €2,851 | - | -€2,851 | |
| Gross operating margin | 9900 | €348,123 | €427,982 | +€79,859 | +22.9% |
| Operating profit (loss) | 9901 | €79,806 | €116,880 | +€37,074 | +46.5% |
| Financial income | 75/76B | €4,891 | €10,567 | +€5,676 | +116% |
| Recurring financial income | 75 | €4,891 | €10,567 | +€5,676 | +116% |
| Financial charges | 65/66B | €6,213 | €19,989 | +€13,776 | +222% |
| Recurring financial charges | 65 | €6,213 | €19,989 | +€13,776 | +222% |
| Profit (loss) for the period before taxes | 9903 | €78,484 | €107,458 | +€28,974 | +36.9% |
| Income taxes | 67/77 | €18,186 | €31,626 | +€13,439 | +73.9% |
| Profit (loss) for the period | 9904 | €60,297 | €75,832 | +€15,535 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €60,297 | €75,832 | +€15,535 | +25.8% |
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 17 October 2026 via checked.be.