CHALLE CONSTRUCT: what changed
Two fiscal 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.
CHALLE CONSTRUCT
Largest movements
- Tangible fixed assets -€15,680
down €15,680 (-20.3%), from €77,076 to €61,397
of which Furniture and vehicles: -€9,965
- Cash -€12,029
down €12,029 (-82.3%), from €14,619 to €2,590
mainly Other debts (-€59,577) and Net result for the year (-€33,301)
- Stocks and contracts -€5,299
down €5,299 (-93.3%), from €5,680 to €382
- Deferred charges and accrued income -€4,518
down €4,518 (-71.2%), from €6,342 to €1,824
- Receivables within one year +€2,968
up €2,968 (+169.3%), from €1,753 to €4,721
of which Other amounts receivable: +€3,607
- Other debts -€59,577
down €59,577 (-60.5%), from €98,501 to €38,924
- Profit (loss) carried forward +€35,273
up €35,273, from -€26,494 to €8,778
- Trade debts -€5,521
down €5,521 (-70.9%), from €7,785 to €2,264
- Current portion of long-term debt -€5,177
down €5,177 (-100.0%), from €5,177 to €0
- Gross operating margin -€64,281
down €64,281, from €56,793 to -€7,488
- Staff costs -€25,338
down €25,338 (-88.7%), from €28,551 to €3,212
- Other operating charges -€999
down €999 (-36.4%), from €2,742 to €1,743
- Taxes +€977
up €977 (+36.6%), from €2,668 to €3,645
- Depreciation -€581
down €581 (-3.6%), from €16,261 to €15,680
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.
Cash bridge derived
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 | €106,091 | €70,973 | -€35,118 | -33.1% |
| Fixed assets | 21/28 | €77,698 | €61,457 | -€16,241 | -20.9% |
| Tangible fixed assets | 22/27 | €77,076 | €61,397 | -€15,680 | -20.3% |
| Land and buildings | 22 | €41,537 | €36,207 | -€5,330 | -12.8% |
| Plant, machinery and equipment | 23 | €742 | €357 | -€385 | -51.9% |
| Furniture and vehicles | 24 | €34,797 | €24,832 | -€9,965 | -28.6% |
| Financial fixed assets | 28 | €621 | €60 | -€561 | -90.3% |
| Current assets | 29/58 | €28,393 | €9,516 | -€18,877 | -66.5% |
| Stocks and contracts in progress | 3 | €5,680 | €382 | -€5,299 | -93.3% |
| Stocks | 30/36 | €5,680 | €382 | -€5,299 | -93.3% |
| Amounts receivable within one year | 40/41 | €1,753 | €4,721 | +€2,968 | +169.3% |
| Trade receivables | 40 | €772 | €133 | -€639 | -82.8% |
| Other amounts receivable | 41 | €981 | €4,588 | +€3,607 | +367.8% |
| Cash at bank and in hand | 54/58 | €14,619 | €2,590 | -€12,029 | -82.3% |
| Deferred charges and accrued income | 490/1 | €6,342 | €1,824 | -€4,518 | -71.2% |
| Total equity and liabilities | 10/49 | €106,091 | €70,973 | -€35,118 | -33.1% |
| Equity | 10/15 | -€6,043 | €29,230 | +€35,273 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,494 | €8,778 | +€35,273 | |
| Amounts payable | 17/49 | €112,134 | €41,743 | -€70,391 | -62.8% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €112,134 | €41,743 | -€70,391 | -62.8% |
| Current portion of amounts payable after more than one year | 42 | €5,177 | €0 | -€5,177 | -100.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €7,785 | €2,264 | -€5,521 | -70.9% |
| Suppliers | 440/4 | €7,785 | €2,264 | -€5,521 | -70.9% |
| Taxes, remuneration and social security | 45 | €671 | €555 | -€116 | -17.3% |
| Taxes | 450/3 | €168 | €52 | -€116 | -68.9% |
| Remuneration and social security | 454/9 | €503 | €503 | = | 0.0% |
| Other amounts payable | 47/48 | €98,501 | €38,924 | -€59,577 | -60.5% |
| Non-recurring operating income | 76A | €130 | €3,004 | +€2,874 | +2210.9% |
| Remuneration, social security and pensions | 62 | €28,551 | €3,212 | -€25,338 | -88.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,261 | €15,680 | -€581 | -3.6% |
| Other operating charges | 640/8 | €2,742 | €1,743 | -€999 | -36.4% |
| Non-recurring operating charges | 66A | €87 | €0 | -€87 | -100.0% |
| Gross operating margin | 9900 | €56,793 | -€7,488 | -€64,281 | |
| Operating profit (loss) | 9901 | €9,153 | -€28,123 | -€37,275 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €961 | €1,533 | +€572 | +59.5% |
| Recurring financial charges | 65 | €961 | €1,533 | +€572 | +59.5% |
| Profit (loss) for the period before taxes | 9903 | €8,191 | -€29,656 | -€37,848 | |
| Income taxes | 67/77 | €2,668 | €3,645 | +€977 | +36.6% |
| Profit (loss) for the period | 9904 | €5,523 | -€33,301 | -€38,824 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,523 | -€33,301 | -€38,824 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.