CHALEUR EXPRESS CONSTRUCT: 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 EXPRESS CONSTRUCT
Largest movements
- Tangible fixed assets +€29,053
up €29,053 (+342%), from €8,490 to €37,542
of which Furniture and vehicles: +€25,262
- Cash +€2,787
up €2,787 (+29.7%), from €9,379 to €12,166
mainly Debts after one year (+€25,086) and Trade debts (+€11,537)
- Deferred charges and accrued income -€1,075
down €1,075 (-78.1%), from €1,378 to €302
- Debts after one year +€25,086
new in 2025: €25,086
- Profit (loss) carried forward -€17,750
down €17,750, from €5,645 to -€12,106
- Trade debts +€11,537
up €11,537 (+45.5%), from €25,329 to €36,865
- Current portion of long-term debt +€6,188
new in 2025: €6,188
- Tax, wage and social debts +€4,992
up €4,992 (+1,045%), from €478 to €5,469
- Gross operating margin -€38,156
down €38,156 (-89.7%), from €42,516 to €4,360
- Staff costs -€23,785
down €23,785 (-72.9%), from €32,630 to €8,845
- Taxes +€2,895
new in 2025: €2,895
- Depreciation +€2,349
up €2,349 (+118%), from €1,986 to €4,335
- Other operating charges +€1,473
up €1,473 (+197%), from €748 to €2,221
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 | €34,451 | €65,173 | +€30,722 | +89.2% |
| Fixed assets | 21/28 | €8,490 | €37,542 | +€29,053 | +342% |
| Tangible fixed assets | 22/27 | €8,490 | €37,542 | +€29,053 | +342% |
| Plant, machinery and equipment | 23 | €2,745 | €6,536 | +€3,790 | +138% |
| Furniture and vehicles | 24 | €5,745 | €31,007 | +€25,262 | +440% |
| Current assets | 29/58 | €25,961 | €27,631 | +€1,670 | +6.4% |
| Amounts receivable within one year | 40/41 | €15,204 | €15,163 | -€42 | -0.3% |
| Trade receivables | 40 | €5,366 | €4,066 | -€1,300 | -24.2% |
| Other amounts receivable | 41 | €9,839 | €11,097 | +€1,258 | +12.8% |
| Cash at bank and in hand | 54/58 | €9,379 | €12,166 | +€2,787 | +29.7% |
| Deferred charges and accrued income | 490/1 | €1,378 | €302 | -€1,075 | -78.1% |
| Total equity and liabilities | 10/49 | €34,451 | €65,173 | +€30,722 | +89.2% |
| Equity | 10/15 | €8,645 | -€9,106 | -€17,750 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | - | €3,000 | +€3,000 | |
| Issued capital | 100 | - | €3,000 | +€3,000 | |
| Contributions outside capital | 11 | €3,000 | - | -€3,000 | |
| Share premium | 1100/10 | €3,000 | - | -€3,000 | |
| Profit (loss) carried forward | 14 | €5,645 | -€12,106 | -€17,750 | |
| Amounts payable | 17/49 | €25,806 | €74,279 | +€48,473 | +188% |
| Amounts payable after more than one year | 17 | - | €25,086 | +€25,086 | |
| Financial debts | 170/4 | - | €25,086 | +€25,086 | |
| Amounts payable within one year | 42/48 | €25,806 | €48,523 | +€22,716 | +88.0% |
| Current portion of amounts payable after more than one year | 42 | - | €6,188 | +€6,188 | |
| Trade debts | 44 | €25,329 | €36,865 | +€11,537 | +45.5% |
| Suppliers | 440/4 | €25,329 | €36,865 | +€11,537 | +45.5% |
| Taxes, remuneration and social security | 45 | €478 | €5,469 | +€4,992 | +1,045% |
| Remuneration and social security | 454/9 | €478 | €5,469 | +€4,992 | +1,045% |
| Accrued charges and deferred income | 492/3 | - | €670 | +€670 | |
| Remuneration, social security and pensions | 62 | €32,630 | €8,845 | -€23,785 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,986 | €4,335 | +€2,349 | +118% |
| Other operating charges | 640/8 | €748 | €2,221 | +€1,473 | +197% |
| Non-recurring operating charges | 66A | - | €890 | +€890 | |
| Gross operating margin | 9900 | €42,516 | €4,360 | -€38,156 | -89.7% |
| Operating profit (loss) | 9901 | €7,153 | -€11,931 | -€19,084 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,508 | €2,924 | +€1,416 | +93.9% |
| Recurring financial charges | 65 | €1,508 | €2,924 | +€1,416 | +93.9% |
| Profit (loss) for the period before taxes | 9903 | €5,645 | -€14,855 | -€20,500 | |
| Income taxes | 67/77 | - | €2,895 | +€2,895 | |
| Profit (loss) for the period | 9904 | €5,645 | -€17,750 | -€23,395 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,645 | -€17,750 | -€23,395 |
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.