CHALUDE & ASSOCIATES: 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.
CHALUDE & ASSOCIATES
Largest movements
- Receivables within one year -€9,502
down €9,502 (-42.4%), from €22,412 to €12,910
of which Trade receivables: -€12,954
- Cash -€6,897
down €6,897 (-58.7%), from €11,751 to €4,854
mainly Trade debts (-€12,695) and Net result for the year (-€9,561)
- Tangible fixed assets -€423
down €423 (-33.9%), from €1,246 to €823
- Trade debts -€12,695
down €12,695 (-87.7%), from €14,478 to €1,783
- Profit (loss) carried forward -€9,561
down €9,561 (-2.2%), from -€432,492 to -€442,053
- Other debts +€5,185
up €5,185 (+1.6%), from €321,181 to €326,366
- Gross operating margin +€6,590
up €6,590 (+45.2%), from -€14,585 to -€7,995
- Depreciation +€401
up €401 (+1,823%), from €22 to €423
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 | €35,409 | €18,587 | -€16,822 | -47.5% |
| Fixed assets | 21/28 | €1,246 | €823 | -€423 | -33.9% |
| Tangible fixed assets | 22/27 | €1,246 | €823 | -€423 | -33.9% |
| Furniture and vehicles | 24 | €1,246 | €823 | -€423 | -33.9% |
| Current assets | 29/58 | €34,163 | €17,764 | -€16,399 | -48.0% |
| Amounts receivable within one year | 40/41 | €22,412 | €12,910 | -€9,502 | -42.4% |
| Trade receivables | 40 | €13,590 | €636 | -€12,954 | -95.3% |
| Other amounts receivable | 41 | €8,822 | €12,274 | +€3,452 | +39.1% |
| Cash at bank and in hand | 54/58 | €11,751 | €4,854 | -€6,897 | -58.7% |
| Total equity and liabilities | 10/49 | €35,409 | €18,587 | -€16,822 | -47.5% |
| Equity | 10/15 | -€300,489 | -€310,050 | -€9,561 | -3.2% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 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 | -€432,492 | -€442,053 | -€9,561 | -2.2% |
| Amounts payable | 17/49 | €335,898 | €328,637 | -€7,261 | -2.2% |
| Amounts payable within one year | 42/48 | €335,898 | €328,637 | -€7,261 | -2.2% |
| Trade debts | 44 | €14,478 | €1,783 | -€12,695 | -87.7% |
| Suppliers | 440/4 | €14,478 | €1,783 | -€12,695 | -87.7% |
| Taxes, remuneration and social security | 45 | €239 | €488 | +€249 | +104% |
| Taxes | 450/3 | €239 | €488 | +€249 | +104% |
| Other amounts payable | 47/48 | €321,181 | €326,366 | +€5,185 | +1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22 | €423 | +€401 | +1,823% |
| Other operating charges | 640/8 | €667 | €784 | +€117 | +17.5% |
| Gross operating margin | 9900 | -€14,585 | -€7,995 | +€6,590 | +45.2% |
| Operating profit (loss) | 9901 | -€15,274 | -€9,202 | +€6,072 | +39.8% |
| Financial charges | 65/66B | €130 | €111 | -€19 | -14.6% |
| Recurring financial charges | 65 | €130 | €111 | -€19 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,404 | -€9,313 | +€6,091 | +39.5% |
| Income taxes | 67/77 | €239 | €248 | +€9 | +3.8% |
| Profit (loss) for the period | 9904 | -€15,643 | -€9,561 | +€6,082 | +38.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,643 | -€9,561 | +€6,082 | +38.9% |
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 20 October 2026 via checked.be.