CHALLANS & FABER: 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.
CHALLANS & FABER
Largest movements
- Receivables after one year -€29,900
down €29,900 (-10.7%), from €279,900 to €250,000
- Receivables within one year +€14,139
up €14,139 (+26.7%), from €53,048 to €67,186
of which Other amounts receivable: +€18,830
- Tangible fixed assets -€6,615
down €6,615 (-47.9%), from €13,797 to €7,181
- Reserves -€240,622
down €240,622 (-76.9%), from €312,881 to €72,259
- Other debts +€218,500
up €218,500 (+694%), from €31,500 to €250,000
- Gross operating margin +€6,103
up €6,103 (+77.6%), from €7,869 to €13,972
- Taxes +€2,269
up €2,269 (+52.1%), from €4,358 to €6,627
- Other operating charges +€560
up €560 (+124%), from €450 to €1,009
- Depreciation +€533
up €533 (+8.8%), from €6,083 to €6,615
- Financial charges -€416
down €416 (-73.6%), from €565 to €149
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 | €365,323 | €342,361 | -€22,962 | -6.3% |
| Fixed assets | 21/28 | €13,797 | €7,181 | -€6,615 | -47.9% |
| Tangible fixed assets | 22/27 | €13,797 | €7,181 | -€6,615 | -47.9% |
| Furniture and vehicles | 24 | €13,797 | €7,181 | -€6,615 | -47.9% |
| Current assets | 29/58 | €351,526 | €335,180 | -€16,347 | -4.7% |
| Amounts receivable after more than one year | 29 | €279,900 | €250,000 | -€29,900 | -10.7% |
| Other amounts receivable | 291 | €279,900 | €250,000 | -€29,900 | -10.7% |
| Amounts receivable within one year | 40/41 | €53,048 | €67,186 | +€14,139 | +26.7% |
| Trade receivables | 40 | €10,463 | €5,771 | -€4,691 | -44.8% |
| Other amounts receivable | 41 | €42,585 | €61,415 | +€18,830 | +44.2% |
| Cash at bank and in hand | 54/58 | €8,188 | €8,324 | +€136 | +1.7% |
| Deferred charges and accrued income | 490/1 | €10,390 | €9,669 | -€721 | -6.9% |
| Total equity and liabilities | 10/49 | €365,323 | €342,361 | -€22,962 | -6.3% |
| Equity | 10/15 | €319,081 | €78,459 | -€240,622 | -75.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €312,881 | €72,259 | -€240,622 | -76.9% |
| Distributable reserves | 133 | €312,881 | €72,259 | -€240,622 | -76.9% |
| Amounts payable | 17/49 | €46,242 | €263,902 | +€217,660 | +471% |
| Amounts payable within one year | 42/48 | €46,242 | €263,902 | +€217,660 | +471% |
| Trade debts | 44 | €4,797 | €1,451 | -€3,345 | -69.7% |
| Suppliers | 440/4 | €4,797 | €1,451 | -€3,345 | -69.7% |
| Taxes, remuneration and social security | 45 | €9,945 | €12,450 | +€2,505 | +25.2% |
| Taxes | 450/3 | €9,945 | €12,450 | +€2,505 | +25.2% |
| Other amounts payable | 47/48 | €31,500 | €250,000 | +€218,500 | +694% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,083 | €6,615 | +€533 | +8.8% |
| Other operating charges | 640/8 | €450 | €1,009 | +€560 | +124% |
| Gross operating margin | 9900 | €7,869 | €13,972 | +€6,103 | +77.6% |
| Operating profit (loss) | 9901 | €1,336 | €6,347 | +€5,011 | +375% |
| Financial income | 75/76B | €10,159 | €9,808 | -€351 | -3.5% |
| Recurring financial income | 75 | €10,159 | €9,808 | -€351 | -3.5% |
| Financial charges | 65/66B | €565 | €149 | -€416 | -73.6% |
| Recurring financial charges | 65 | €565 | €149 | -€416 | -73.6% |
| Profit (loss) for the period before taxes | 9903 | €10,929 | €16,005 | +€5,076 | +46.4% |
| Income taxes | 67/77 | €4,358 | €6,627 | +€2,269 | +52.1% |
| Profit (loss) for the period | 9904 | €6,571 | €9,378 | +€2,807 | +42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €6,571 | €9,378 | +€2,807 | +42.7% |
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 27 October 2026 via checked.be.