CHAMARIC: what changed
Two fiscal 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.
CHAMARIC
Largest movements
- Tangible fixed assets -€50,639
down €50,639 (-11.1%), from €455,801 to €405,162
of which Plant, machinery and equipment: -€39,593
- Receivables within one year +€16,454
up €16,454 (+19.1%), from €86,069 to €102,523
- Debts after one year -€42,427
down €42,427 (-37.4%), from €113,339 to €70,912
- Trade debts +€6,519
up €6,519 (+1235.4%), from €528 to €7,047
- Profit (loss) carried forward +€6,257
up €6,257 (+70.8%), from -€8,839 to -€2,581
- Gross operating margin -€2,840
down €2,840 (-4.8%), from €59,479 to €56,639
- Financial charges -€1,804
down €1,804 (-23.0%), from €7,853 to €6,049
- Taxes +€891
up €891 (+63.8%), from €1,396 to €2,286
- Depreciation -€605
down €605 (-1.2%), from €51,244 to €50,639
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.
Cash bridge derived
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 | €545,664 | €514,349 | -€31,315 | -5.7% |
| Fixed assets | 21/28 | €455,801 | €405,162 | -€50,639 | -11.1% |
| Tangible fixed assets | 22/27 | €455,801 | €405,162 | -€50,639 | -11.1% |
| Land and buildings | 22 | €257,503 | €246,617 | -€10,886 | -4.2% |
| Plant, machinery and equipment | 23 | €198,137 | €158,544 | -€39,593 | -20.0% |
| Furniture and vehicles | 24 | €160 | - | -€160 | |
| Current assets | 29/58 | €89,863 | €109,187 | +€19,324 | +21.5% |
| Amounts receivable within one year | 40/41 | €86,069 | €102,523 | +€16,454 | +19.1% |
| Other amounts receivable | 41 | €86,069 | €102,523 | +€16,454 | +19.1% |
| Cash at bank and in hand | 54/58 | €3,795 | €6,664 | +€2,870 | +75.6% |
| Total equity and liabilities | 10/49 | €545,664 | €514,349 | -€31,315 | -5.7% |
| Equity | 10/15 | €302,733 | €304,727 | +€1,994 | +0.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €250,072 | €245,809 | -€4,263 | -1.7% |
| Non-distributable reserves | 130/1 | €780 | €780 | = | 0.0% |
| Legal reserve | 130 | €780 | €780 | = | 0.0% |
| Tax-exempt reserves | 132 | €249,291 | €245,028 | -€4,263 | -1.7% |
| Profit (loss) carried forward | 14 | -€8,839 | -€2,581 | +€6,257 | +70.8% |
| Provisions and deferred taxes | 16 | €83,097 | €81,676 | -€1,421 | -1.7% |
| Deferred taxes | 168 | €83,097 | €81,676 | -€1,421 | -1.7% |
| Amounts payable | 17/49 | €159,834 | €127,946 | -€31,888 | -20.0% |
| Amounts payable after more than one year | 17 | €113,339 | €70,912 | -€42,427 | -37.4% |
| Financial debts | 170/4 | €113,339 | €70,912 | -€42,427 | -37.4% |
| Amounts payable within one year | 42/48 | €46,495 | €57,033 | +€10,539 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €44,571 | €46,304 | +€1,733 | +3.9% |
| Trade debts | 44 | €528 | €7,047 | +€6,519 | +1235.4% |
| Suppliers | 440/4 | €528 | €7,047 | +€6,519 | +1235.4% |
| Taxes, remuneration and social security | 45 | €1,396 | €3,682 | +€2,286 | +163.8% |
| Taxes | 450/3 | €1,396 | €3,682 | +€2,286 | +163.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,244 | €50,639 | -€605 | -1.2% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €59,479 | €56,639 | -€2,840 | -4.8% |
| Operating profit (loss) | 9901 | €7,847 | €5,600 | -€2,247 | -28.6% |
| Financial income | 75/76B | €3,636 | €3,308 | -€327 | -9.0% |
| Recurring financial income | 75 | €3,636 | €3,308 | -€327 | -9.0% |
| Financial charges | 65/66B | €7,853 | €6,049 | -€1,804 | -23.0% |
| Recurring financial charges | 65 | €7,853 | €6,049 | -€1,804 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €3,630 | €2,859 | -€770 | -21.2% |
| Transfer from deferred taxes | 780 | €1,421 | €1,421 | = | 0.0% |
| Income taxes | 67/77 | €1,396 | €2,286 | +€891 | +63.8% |
| Profit (loss) for the period | 9904 | €3,655 | €1,994 | -€1,661 | -45.4% |
| Transfer from tax-exempt reserves | 789 | €4,263 | €4,263 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,918 | €6,257 | -€1,661 | -21.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.