CHALMET & ZOON: 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.
CHALMET & ZOON
Largest movements
- Stocks and contracts +€53,268
up €53,268 (+251%), from €21,245 to €74,513
of which Contracts in progress: +€51,250
- Receivables within one year -€40,383
down €40,383 (-59.7%), from €67,600 to €27,217
of which Trade receivables: -€50,244
- Tangible fixed assets -€8,373
down €8,373 (-13.5%), from €61,895 to €53,522
of which Furniture and vehicles: -€12,710
- Cash +€4,318
up €4,318 (+39.5%), from €10,935 to €15,252
mainly Receivables within one year (+€40,383) and Depreciation (+€16,143)
- Reserves +€9,646
up €9,646 (+20.2%), from €47,716 to €57,362
- Trade debts +€8,202
up €8,202 (+71.6%), from €11,459 to €19,660
- Debts after one year -€5,938
down €5,938 (-29.5%), from €20,114 to €14,176
- Tax, wage and social debts -€2,289
down €2,289 (-11.2%), from €20,452 to €18,164
of which Taxes: -€3,389
- Gross operating margin -€37,285
down €37,285 (-52.6%), from €70,933 to €33,649
- Taxes -€11,997
down €11,997 (-72.0%), from €16,666 to €4,669
- Depreciation +€3,327
up €3,327 (+26.0%), from €12,815 to €16,143
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 | €161,724 | €170,554 | +€8,830 | +5.5% |
| Fixed assets | 21/28 | €61,945 | €53,572 | -€8,373 | -13.5% |
| Tangible fixed assets | 22/27 | €61,895 | €53,522 | -€8,373 | -13.5% |
| Plant, machinery and equipment | 23 | €5,689 | €10,026 | +€4,337 | +76.2% |
| Furniture and vehicles | 24 | €56,206 | €43,496 | -€12,710 | -22.6% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €99,780 | €116,982 | +€17,203 | +17.2% |
| Stocks and contracts in progress | 3 | €21,245 | €74,513 | +€53,268 | +251% |
| Stocks | 30/36 | €21,245 | €23,263 | +€2,018 | +9.5% |
| Contracts in progress | 37 | - | €51,250 | +€51,250 | |
| Amounts receivable within one year | 40/41 | €67,600 | €27,217 | -€40,383 | -59.7% |
| Trade receivables | 40 | €66,352 | €16,108 | -€50,244 | -75.7% |
| Other amounts receivable | 41 | €1,248 | €11,109 | +€9,861 | +790% |
| Cash at bank and in hand | 54/58 | €10,935 | €15,252 | +€4,318 | +39.5% |
| Total equity and liabilities | 10/49 | €161,724 | €170,554 | +€8,830 | +5.5% |
| Equity | 10/15 | €91,611 | €101,257 | +€9,646 | +10.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €47,716 | €57,362 | +€9,646 | +20.2% |
| Distributable reserves | 133 | €47,716 | €57,362 | +€9,646 | +20.2% |
| Profit (loss) carried forward | 14 | €37,695 | €37,695 | = | 0.0% |
| Amounts payable | 17/49 | €70,114 | €69,297 | -€817 | -1.2% |
| Amounts payable after more than one year | 17 | €20,114 | €14,176 | -€5,938 | -29.5% |
| Financial debts | 170/4 | €20,114 | €14,176 | -€5,938 | -29.5% |
| Amounts payable within one year | 42/48 | €49,999 | €55,121 | +€5,121 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €5,726 | €5,938 | +€212 | +3.7% |
| Trade debts | 44 | €11,459 | €19,660 | +€8,202 | +71.6% |
| Suppliers | 440/4 | €11,459 | €19,660 | +€8,202 | +71.6% |
| Taxes, remuneration and social security | 45 | €20,452 | €18,164 | -€2,289 | -11.2% |
| Taxes | 450/3 | €20,452 | €17,064 | -€3,389 | -16.6% |
| Remuneration and social security | 454/9 | - | €1,100 | +€1,100 | |
| Other amounts payable | 47/48 | €12,362 | €11,359 | -€1,004 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,815 | €16,143 | +€3,327 | +26.0% |
| Other operating charges | 640/8 | €1,713 | €1,686 | -€28 | -1.6% |
| Gross operating margin | 9900 | €70,933 | €33,649 | -€37,285 | -52.6% |
| Operating profit (loss) | 9901 | €56,405 | €15,820 | -€40,585 | -72.0% |
| Financial income | 75/76B | €289 | €137 | -€152 | -52.7% |
| Recurring financial income | 75 | €289 | €137 | -€152 | -52.7% |
| Financial charges | 65/66B | €1,430 | €1,641 | +€211 | +14.8% |
| Recurring financial charges | 65 | €1,430 | €1,641 | +€211 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €55,264 | €14,316 | -€40,948 | -74.1% |
| Income taxes | 67/77 | €16,666 | €4,669 | -€11,997 | -72.0% |
| Profit (loss) for the period | 9904 | €38,598 | €9,646 | -€28,951 | -75.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,598 | €9,646 | -€28,951 | -75.0% |
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 26 October 2026 via checked.be.