CHAMBAZ: 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.
CHAMBAZ
Largest movements
- Cash +€92,975
up €92,975 (+92.7%), from €100,344 to €193,319
mainly Net result for the year (+€87,405) and Tax, wage and social debts (+€43,439)
- Receivables within one year +€58,023
up €58,023 (+414.1%), from €14,011 to €72,034
of which Trade receivables: +€52,632
- Tangible fixed assets -€10,084
down €10,084 (-27.9%), from €36,195 to €26,110
of which Furniture and vehicles: -€8,803
- Stocks and contracts -€6,813
down €6,813 (-4.1%), from €166,867 to €160,053
- Reserves +€87,000
new in 2025: €87,000
- Tax, wage and social debts +€43,439
up €43,439 (+153.5%), from €28,308 to €71,747
of which Taxes: +€35,781
- Gross operating margin +€76,976
up €76,976 (+62.9%), from €122,466 to €199,442
- Staff costs +€42,094
up €42,094 (+202.4%), from €20,794 to €62,888
- Taxes +€16,344
up €16,344 (+84.1%), from €19,436 to €35,781
- Depreciation +€6,945
up €6,945 (+107.0%), from €6,488 to €13,434
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 | €321,590 | €454,541 | +€132,951 | +41.3% |
| Fixed assets | 21/28 | €38,195 | €27,110 | -€11,084 | -29.0% |
| Tangible fixed assets | 22/27 | €36,195 | €26,110 | -€10,084 | -27.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €3,600 | €2,319 | -€1,281 | -35.6% |
| Furniture and vehicles | 24 | €32,595 | €23,791 | -€8,803 | -27.0% |
| Financial fixed assets | 28 | €2,000 | €1,000 | -€1,000 | -50.0% |
| Current assets | 29/58 | €283,395 | €427,430 | +€144,035 | +50.8% |
| Stocks and contracts in progress | 3 | €166,867 | €160,053 | -€6,813 | -4.1% |
| Stocks | 30/36 | €166,867 | €160,053 | -€6,813 | -4.1% |
| Amounts receivable within one year | 40/41 | €14,011 | €72,034 | +€58,023 | +414.1% |
| Trade receivables | 40 | €4,023 | €56,655 | +€52,632 | +1308.2% |
| Other amounts receivable | 41 | €9,988 | €15,379 | +€5,391 | +54.0% |
| Cash at bank and in hand | 54/58 | €100,344 | €193,319 | +€92,975 | +92.7% |
| Deferred charges and accrued income | 490/1 | €2,173 | €2,024 | -€150 | -6.9% |
| Total equity and liabilities | 10/49 | €321,590 | €454,541 | +€132,951 | +41.3% |
| Equity | 10/15 | €80,546 | €167,951 | +€87,405 | +108.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €87,000 | +€87,000 | |
| Distributable reserves | 133 | - | €87,000 | +€87,000 | |
| Profit (loss) carried forward | 14 | €75,546 | €75,951 | +€405 | +0.5% |
| Amounts payable | 17/49 | €241,044 | €286,590 | +€45,546 | +18.9% |
| Amounts payable within one year | 42/48 | €241,044 | €286,590 | +€45,546 | +18.9% |
| Trade debts | 44 | €1,526 | €4,510 | +€2,984 | +195.6% |
| Suppliers | 440/4 | €1,526 | €4,510 | +€2,984 | +195.6% |
| Taxes, remuneration and social security | 45 | €28,308 | €71,747 | +€43,439 | +153.5% |
| Taxes | 450/3 | €22,236 | €58,017 | +€35,781 | +160.9% |
| Remuneration and social security | 454/9 | €6,071 | €13,730 | +€7,658 | +126.1% |
| Other amounts payable | 47/48 | €211,210 | €210,333 | -€877 | -0.4% |
| Remuneration, social security and pensions | 62 | €20,794 | €62,888 | +€42,094 | +202.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,488 | €13,434 | +€6,945 | +107.0% |
| Other operating charges | 640/8 | €548 | €885 | +€337 | +61.4% |
| Gross operating margin | 9900 | €122,466 | €199,442 | +€76,976 | +62.9% |
| Operating profit (loss) | 9901 | €94,635 | €122,235 | +€27,600 | +29.2% |
| Financial income | 75/76B | €347 | €980 | +€634 | +182.7% |
| Recurring financial income | 75 | €347 | €980 | +€634 | +182.7% |
| Financial charges | 65/66B | €0 | €30 | +€30 | |
| Recurring financial charges | 65 | €0 | €30 | +€30 | |
| Profit (loss) for the period before taxes | 9903 | €94,982 | €123,186 | +€28,204 | +29.7% |
| Income taxes | 67/77 | €19,436 | €35,781 | +€16,344 | +84.1% |
| Profit (loss) for the period | 9904 | €75,546 | €87,405 | +€11,859 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | €75,546 | €87,405 | +€11,859 | +15.7% |
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 11 October 2026 via checked.be.