Chaleur & Style: 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 & Style
Largest movements
- Receivables within one year +€40,959
up €40,959 (+48.7%), from €84,029 to €124,989
of which Other amounts receivable: +€36,850
- Tangible fixed assets +€18,512
up €18,512 (+5.3%), from €348,239 to €366,750
of which Plant, machinery and equipment: +€12,489
- Cash -€15,310
down €15,310 (-48.6%), from €31,490 to €16,180
mainly Contributions, distributions and other (-€133,200) and Investment in fixed assets (net) (-€58,152)
- Other debts +€125,349
new in 2025: €125,349
- Reserves -€101,300
down €101,300 (-38.9%), from €260,110 to €158,810
of which Distributable reserves: -€101,300
- Accrued charges and deferred income +€29,145
up €29,145 (+64.3%), from €45,346 to €74,492
- Trade debts -€12,669
down €12,669 (-54.2%), from €23,387 to €10,718
- Tax, wage and social debts +€11,177
up €11,177 (+209%), from €5,350 to €16,527
of which Taxes: +€10,794
- Gross operating margin -€16,971
down €16,971 (-11.8%), from €143,364 to €126,393
- Staff costs -€16,072
down €16,072 (-35.1%), from €45,838 to €29,765
- Other operating charges -€2,218
down €2,218 (-37.1%), from €5,985 to €3,766
- Write-downs -€2,100
no longer reported in 2025 (was €2,100)
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 | €588,508 | €628,572 | +€40,065 | +6.8% |
| Fixed assets | 21/28 | €348,239 | €366,750 | +€18,512 | +5.3% |
| Tangible fixed assets | 22/27 | €348,239 | €366,750 | +€18,512 | +5.3% |
| Land and buildings | 22 | €277,505 | €278,274 | +€769 | +0.3% |
| Plant, machinery and equipment | 23 | €33,498 | €45,987 | +€12,489 | +37.3% |
| Furniture and vehicles | 24 | €37,236 | €42,490 | +€5,254 | +14.1% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €240,269 | €261,822 | +€21,553 | +9.0% |
| Stocks and contracts in progress | 3 | €122,503 | €118,242 | -€4,260 | -3.5% |
| Stocks | 30/36 | €122,503 | €118,242 | -€4,260 | -3.5% |
| Amounts receivable within one year | 40/41 | €84,029 | €124,989 | +€40,959 | +48.7% |
| Trade receivables | 40 | €35,266 | €39,375 | +€4,109 | +11.7% |
| Other amounts receivable | 41 | €48,764 | €85,614 | +€36,850 | +75.6% |
| Cash at bank and in hand | 54/58 | €31,490 | €16,180 | -€15,310 | -48.6% |
| Deferred charges and accrued income | 490/1 | €2,247 | €2,411 | +€164 | +7.3% |
| Total equity and liabilities | 10/49 | €588,508 | €628,572 | +€40,065 | +6.8% |
| Equity | 10/15 | €266,429 | €165,229 | -€101,200 | -38.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €260,110 | €158,810 | -€101,300 | -38.9% |
| 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 | €258,250 | €156,950 | -€101,300 | -39.2% |
| Profit (loss) carried forward | 14 | €119 | €219 | +€100 | +83.9% |
| Amounts payable | 17/49 | €322,079 | €463,343 | +€141,265 | +43.9% |
| Amounts payable after more than one year | 17 | €201,684 | €198,467 | -€3,217 | -1.6% |
| Financial debts | 170/4 | €201,684 | €198,467 | -€3,217 | -1.6% |
| Amounts payable within one year | 42/48 | €75,048 | €190,385 | +€115,337 | +154% |
| Current portion of amounts payable after more than one year | 42 | €46,311 | €37,791 | -€8,520 | -18.4% |
| Trade debts | 44 | €23,387 | €10,718 | -€12,669 | -54.2% |
| Suppliers | 440/4 | €23,387 | €10,718 | -€12,669 | -54.2% |
| Taxes, remuneration and social security | 45 | €5,350 | €16,527 | +€11,177 | +209% |
| Taxes | 450/3 | €1,543 | €12,337 | +€10,794 | +700% |
| Remuneration and social security | 454/9 | €3,807 | €4,190 | +€383 | +10.1% |
| Other amounts payable | 47/48 | - | €125,349 | +€125,349 | |
| Accrued charges and deferred income | 492/3 | €45,346 | €74,492 | +€29,145 | +64.3% |
| Remuneration, social security and pensions | 62 | €45,838 | €29,765 | -€16,072 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,076 | €39,640 | +€564 | +1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,100 | - | -€2,100 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €488 | - | -€488 | |
| Other operating charges | 640/8 | €5,985 | €3,766 | -€2,218 | -37.1% |
| Non-recurring operating charges | 66A | - | €961 | +€961 | |
| Gross operating margin | 9900 | €143,364 | €126,393 | -€16,971 | -11.8% |
| Operating profit (loss) | 9901 | €49,877 | €52,260 | +€2,383 | +4.8% |
| Financial income | 75/76B | €1,203 | €1,927 | +€724 | +60.1% |
| Recurring financial income | 75 | €1,203 | €1,927 | +€724 | +60.1% |
| Financial charges | 65/66B | €7,819 | €7,249 | -€570 | -7.3% |
| Recurring financial charges | 65 | €7,819 | €7,249 | -€570 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | €43,262 | €46,938 | +€3,676 | +8.5% |
| Income taxes | 67/77 | €13,639 | €14,938 | +€1,299 | +9.5% |
| Profit (loss) for the period | 9904 | €29,623 | €32,000 | +€2,377 | +8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,623 | €32,000 | +€2,377 | +8.0% |
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 23 October 2026 via checked.be.