CHAMA: 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.
CHAMA
Largest movements
- Tangible fixed assets +€634,967
up €634,967 (+117%), from €540,711 to €1.2m
- Receivables within one year -€468,933
down €468,933 (-27.6%), from €1.7m to €1.2m
of which Other amounts receivable: -€388,669
- Reserves +€227,727
up €227,727 (+22.1%), from €1.0m to €1.3m
of which Distributable reserves: +€265,812
- Trade debts -€48,721
down €48,721 (-91.1%), from €53,485 to €4,764
- Taxes -€52,077
down €52,077 (-62.5%), from €83,348 to €31,271
- Financial income -€39,668
down €39,668 (-57.6%), from €68,837 to €29,169
- Financial charges -€19,587
down €19,587 (-96.1%), from €20,385 to €798
- Gross operating margin -€19,013
down €19,013 (-6.4%), from €297,846 to €278,834
- Depreciation +€6,354
up €6,354 (+12.6%), from €50,399 to €56,753
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 | €2,303,244 | €2,467,201 | +€163,957 | +7.1% |
| Fixed assets | 21/28 | €553,011 | €1,187,978 | +€634,967 | +115% |
| Tangible fixed assets | 22/27 | €540,711 | €1,175,678 | +€634,967 | +117% |
| Other tangible fixed assets | 26 | €540,711 | €1,175,678 | +€634,967 | +117% |
| Financial fixed assets | 28 | €12,300 | €12,300 | = | 0.0% |
| Current assets | 29/58 | €1,750,233 | €1,279,224 | -€471,010 | -26.9% |
| Amounts receivable within one year | 40/41 | €1,697,089 | €1,228,156 | -€468,933 | -27.6% |
| Trade receivables | 40 | €261,472 | €181,208 | -€80,264 | -30.7% |
| Other amounts receivable | 41 | €1,435,617 | €1,046,948 | -€388,669 | -27.1% |
| Cash at bank and in hand | 54/58 | €666 | €4,328 | +€3,663 | +550% |
| Deferred charges and accrued income | 490/1 | €52,479 | €46,739 | -€5,740 | -10.9% |
| Total equity and liabilities | 10/49 | €2,303,244 | €2,467,201 | +€163,957 | +7.1% |
| Equity | 10/15 | €1,889,599 | €2,117,326 | +€227,727 | +12.1% |
| Contributions | 10/11 | €859,928 | €859,928 | = | 0.0% |
| Capital | 10 | €859,928 | €859,928 | = | 0.0% |
| Issued capital | 100 | €859,928 | €859,928 | = | 0.0% |
| Reserves | 13 | €1,029,672 | €1,257,399 | +€227,727 | +22.1% |
| Non-distributable reserves | 130/1 | €88,806 | €85,993 | -€2,814 | -3.2% |
| Legal reserve | 130 | €88,806 | €85,993 | -€2,814 | -3.2% |
| Tax-exempt reserves | 132 | €690,915 | €655,644 | -€35,271 | -5.1% |
| Distributable reserves | 133 | €249,951 | €515,762 | +€265,812 | +106% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €230,305 | €218,548 | -€11,757 | -5.1% |
| Deferred taxes | 168 | €230,305 | €218,548 | -€11,757 | -5.1% |
| Amounts payable | 17/49 | €183,340 | €131,327 | -€52,013 | -28.4% |
| Amounts payable within one year | 42/48 | €161,987 | €131,327 | -€30,660 | -18.9% |
| Trade debts | 44 | €53,485 | €4,764 | -€48,721 | -91.1% |
| Suppliers | 440/4 | €53,485 | €4,764 | -€48,721 | -91.1% |
| Taxes, remuneration and social security | 45 | €1,003 | €19,063 | +€18,060 | +1,802% |
| Taxes | 450/3 | €1,003 | €19,063 | +€18,060 | +1,802% |
| Other amounts payable | 47/48 | €107,500 | €107,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €21,353 | €0 | -€21,353 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,399 | €56,753 | +€6,354 | +12.6% |
| Other operating charges | 640/8 | €4,422 | €3,210 | -€1,211 | -27.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €297,846 | €278,834 | -€19,013 | -6.4% |
| Operating profit (loss) | 9901 | €243,026 | €218,870 | -€24,156 | -9.9% |
| Financial income | 75/76B | €68,837 | €29,169 | -€39,668 | -57.6% |
| Recurring financial income | 75 | €68,837 | €29,169 | -€39,668 | -57.6% |
| Financial charges | 65/66B | €20,385 | €798 | -€19,587 | -96.1% |
| Recurring financial charges | 65 | €20,385 | €798 | -€19,587 | -96.1% |
| Profit (loss) for the period before taxes | 9903 | €291,478 | €247,241 | -€44,237 | -15.2% |
| Transfer from deferred taxes | 780 | €10,455 | €11,757 | +€1,302 | +12.5% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €83,348 | €31,271 | -€52,077 | -62.5% |
| Profit (loss) for the period | 9904 | €218,586 | €227,727 | +€9,141 | +4.2% |
| Transfer from tax-exempt reserves | 789 | €31,365 | €35,271 | +€3,906 | +12.5% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €249,951 | €262,998 | +€13,047 | +5.2% |
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 16 October 2026 via checked.be.