CHALO: 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.
CHALO
Largest movements
- Tangible fixed assets -€32,177
down €32,177 (-3.7%), from €863,606 to €831,428
of which Land and buildings: -€32,065
- Receivables within one year -€15,194
down €15,194 (-12.2%), from €124,363 to €109,169
of which Other amounts receivable: -€14,550
- Debts after one year -€54,117
down €54,117 (-8.3%), from €654,364 to €600,247
- Gross operating margin -€16,601
down €16,601 (-27.6%), from €60,196 to €43,594
- Financial charges -€7,168
down €7,168 (-32.6%), from €22,015 to €14,847
of which Financial charges: -€7,168
- Depreciation -€1,177
down €1,177 (-3.5%), from €33,355 to €32,177
- Other operating charges -€682
down €682 (-15.7%), from €4,342 to €3,661
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 | €988,586 | €940,733 | -€47,853 | -4.8% |
| Fixed assets | 21/28 | €863,606 | €831,428 | -€32,177 | -3.7% |
| Tangible fixed assets | 22/27 | €863,606 | €831,428 | -€32,177 | -3.7% |
| Land and buildings | 22 | €863,493 | €831,428 | -€32,065 | -3.7% |
| Other tangible fixed assets | 26 | €112 | €0 | -€112 | -100% |
| Current assets | 29/58 | €124,980 | €109,304 | -€15,676 | -12.5% |
| Amounts receivable within one year | 40/41 | €124,363 | €109,169 | -€15,194 | -12.2% |
| Trade receivables | 40 | €52,248 | €51,604 | -€644 | -1.2% |
| Other amounts receivable | 41 | €72,115 | €57,565 | -€14,550 | -20.2% |
| Cash at bank and in hand | 54/58 | €617 | €135 | -€482 | -78.1% |
| Total equity and liabilities | 10/49 | €988,586 | €940,733 | -€47,853 | -4.8% |
| Equity | 10/15 | -€120,831 | -€127,571 | -€6,740 | -5.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€135,091 | -€141,831 | -€6,740 | -5.0% |
| Amounts payable | 17/49 | €1,109,417 | €1,068,304 | -€41,113 | -3.7% |
| Amounts payable after more than one year | 17 | €654,364 | €600,247 | -€54,117 | -8.3% |
| Financial debts | 170/4 | €654,364 | €600,247 | -€54,117 | -8.3% |
| Amounts payable within one year | 42/48 | €455,053 | €468,057 | +€13,004 | +2.9% |
| Current portion of amounts payable after more than one year | 42 | €52,901 | €58,190 | +€5,290 | +10.0% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €13,902 | €18,890 | +€4,988 | +35.9% |
| Suppliers | 440/4 | €13,902 | €18,890 | +€4,988 | +35.9% |
| Taxes, remuneration and social security | 45 | €18,224 | €22,697 | +€4,473 | +24.5% |
| Taxes | 450/3 | €18,224 | €22,697 | +€4,473 | +24.5% |
| Other amounts payable | 47/48 | €270,027 | €268,280 | -€1,746 | -0.6% |
| Non-recurring operating income | 76A | €26,623 | €0 | -€26,623 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,355 | €32,177 | -€1,177 | -3.5% |
| Other operating charges | 640/8 | €4,342 | €3,661 | -€682 | -15.7% |
| Gross operating margin | 9900 | €60,196 | €43,594 | -€16,601 | -27.6% |
| Operating profit (loss) | 9901 | €22,499 | €7,756 | -€14,742 | -65.5% |
| Financial income | 75/76B | €0 | €351 | +€351 | |
| Recurring financial income | 75 | €0 | €351 | +€351 | |
| Financial charges | 65/66B | €22,015 | €14,847 | -€7,168 | -32.6% |
| Recurring financial charges | 65 | €22,015 | €14,847 | -€7,168 | -32.6% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €484 | -€6,740 | -€7,224 | |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | €484 | -€6,740 | -€7,224 | |
| Profit (loss) for the period to be appropriated | 9905 | €484 | -€6,740 | -€7,224 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.