CHALVA: 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.
CHALVA
Largest movements
- Receivables within one year -€10,554
down €10,554 (-7.9%), from €133,888 to €123,333
of which Trade receivables: -€32,067
- Cash -€9,511
down €9,511 (-29.5%), from €32,282 to €22,771
mainly Trade debts (-€27,460) and Net result for the year (-€13,214)
- Tangible fixed assets +€4,957
up €4,957 (+35.2%), from €14,074 to €19,031
of which Plant, machinery and equipment: +€7,609
- Financial fixed assets +€2,400
new in 2025: €2,400
- Trade debts -€27,460
down €27,460 (-25.3%), from €108,325 to €80,865
- Tax, wage and social debts +€20,962
up €20,962 (+356%), from €5,880 to €26,842
- Accrued charges and deferred income +€19,248
up €19,248 (+86.3%), from €22,302 to €41,550
- Profit (loss) carried forward -€13,214
down €13,214 (-62.7%), from €21,091 to €7,877
- Debts after one year -€8,362
down €8,362 (-100%), from €8,362 to €0
- Taxes +€43,194
up €43,194 (+14,224%), from €304 to €43,498
- Gross operating margin +€42,342
up €42,342 (+335%), from €12,637 to €54,979
- Other operating charges +€5,935
up €5,935 (+372%), from €1,593 to €7,529
- Financial charges +€4,781
up €4,781 (+83.5%), from €5,726 to €10,508
- Staff costs -€3,627
down €3,627 (-73.1%), from €4,964 to €1,337
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 | €182,494 | €170,497 | -€11,997 | -6.6% |
| Fixed assets | 21/28 | €14,074 | €21,431 | +€7,357 | +52.3% |
| Tangible fixed assets | 22/27 | €14,074 | €19,031 | +€4,957 | +35.2% |
| Plant, machinery and equipment | 23 | €6,930 | €14,540 | +€7,609 | +110% |
| Furniture and vehicles | 24 | €7,143 | €4,492 | -€2,652 | -37.1% |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €168,420 | €149,065 | -€19,355 | -11.5% |
| Stocks and contracts in progress | 3 | €2,250 | €2,961 | +€711 | +31.6% |
| Stocks | 30/36 | €2,250 | €2,961 | +€711 | +31.6% |
| Amounts receivable within one year | 40/41 | €133,888 | €123,333 | -€10,554 | -7.9% |
| Trade receivables | 40 | €69,458 | €37,391 | -€32,067 | -46.2% |
| Other amounts receivable | 41 | €64,429 | €85,942 | +€21,513 | +33.4% |
| Cash at bank and in hand | 54/58 | €32,282 | €22,771 | -€9,511 | -29.5% |
| Total equity and liabilities | 10/49 | €182,494 | €170,497 | -€11,997 | -6.6% |
| Equity | 10/15 | €26,091 | €12,877 | -€13,214 | -50.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,091 | €7,877 | -€13,214 | -62.7% |
| Amounts payable | 17/49 | €156,403 | €157,619 | +€1,216 | +0.8% |
| Amounts payable after more than one year | 17 | €8,362 | €0 | -€8,362 | -100% |
| Financial debts | 170/4 | €8,362 | €0 | -€8,362 | -100% |
| Amounts payable within one year | 42/48 | €125,739 | €116,069 | -€9,670 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €11,534 | €8,362 | -€3,172 | -27.5% |
| Trade debts | 44 | €108,325 | €80,865 | -€27,460 | -25.3% |
| Suppliers | 440/4 | €108,325 | €80,865 | -€27,460 | -25.3% |
| Taxes, remuneration and social security | 45 | €5,880 | €26,842 | +€20,962 | +356% |
| Taxes | 450/3 | €5,880 | €26,842 | +€20,962 | +356% |
| Accrued charges and deferred income | 492/3 | €22,302 | €41,550 | +€19,248 | +86.3% |
| Remuneration, social security and pensions | 62 | €4,964 | €1,337 | -€3,627 | -73.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,354 | €5,321 | -€1,033 | -16.3% |
| Other operating charges | 640/8 | €1,593 | €7,529 | +€5,935 | +372% |
| Gross operating margin | 9900 | €12,637 | €54,979 | +€42,342 | +335% |
| Operating profit (loss) | 9901 | -€274 | €40,792 | +€41,067 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -100% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -100% |
| Financial charges | 65/66B | €5,726 | €10,508 | +€4,781 | +83.5% |
| Recurring financial charges | 65 | €5,726 | €10,508 | +€4,781 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,999 | €30,284 | +€36,283 | |
| Income taxes | 67/77 | €304 | €43,498 | +€43,194 | +14,224% |
| Profit (loss) for the period | 9904 | -€6,302 | -€13,214 | -€6,911 | -110% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,302 | -€13,214 | -€6,911 | -110% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.