CHAMELEON: 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.
What changed
CHAMELEON
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€9,397
2024 · -€25,351+€34,748
Equity
€239,142
2024 · €229,745+€9,397
Cash
€111,846
2024 · €52,993+€58,853
Balance sheet total
€1.0m
2024 · €959,247+€58,727
Largest movements
Assets
- Cash +€58,853
up €58,853 (+111.1%), from €52,993 to €111,846
mainly Depreciation (+€45,009) and Stocks and contracts (+€22,328)
- Receivables within one year +€43,332
up €43,332 (+14.8%), from €293,572 to €336,904
of which Trade receivables: +€48,440
- Stocks and contracts -€22,328
down €22,328 (-8.6%), from €259,534 to €237,206
- Tangible fixed assets -€18,711
down €18,711 (-5.5%), from €342,353 to €323,642
of which Land and buildings: -€31,379
Equity and liabilities
- Current portion of long-term debt +€12,884
up €12,884 (+6.5%), from €197,755 to €210,639
Income statement
- Gross operating margin +€74,980
up €74,980 (+18.5%), from €405,128 to €480,108
- Staff costs +€29,550
up €29,550 (+8.5%), from €349,392 to €378,942
- Taxes +€7,121
up €7,121 (+839.9%), from €848 to €7,969
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.
Result 2024
-€25,351
Gross operating margin
+€74,980
Staff costs
-€29,550
Depreciation
-€2,542
Write-downs
-€1,808
Other operating charges
-€85
Other operating items
+€2,207
Financial income
+€192
Financial charges
-€1,524
Taxes
-€7,121
Result 2025
€9,397
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.
From operations
+€73,624
Investment
-€26,298
Financing
+€11,526
Cash 2024
€52,993
From operations (derived)
+€73,624
Net result for the year
+€9,397
Depreciation
+€45,009
Stocks and contracts
+€22,328
Receivables within one year
-€43,332
Deferred charges and accrued income
+€2,418
Trade debts
+€9,268
Tax, wage and social debts
+€7,558
Advances received
+€4,937
Other debts
+€8,977
Accrued charges and deferred income
+€7,065
Investment (derived)
-€26,298
Investment in fixed assets (net)
-€26,298
Financing
+€11,526
Debts after one year
-€1,358
Current portion of long-term debt
+€12,884
Cash 2025
€111,846
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €959,247 | €1,017,974 | +€58,727 | +6.1% |
| Fixed assets | 21/28 | €342,539 | €323,828 | -€18,711 | -5.5% |
| Tangible fixed assets | 22/27 | €342,353 | €323,642 | -€18,711 | -5.5% |
| Land and buildings | 22 | €252,571 | €221,191 | -€31,379 | -12.4% |
| Plant, machinery and equipment | 23 | €25,900 | €25,900 | = | 0.0% |
| Furniture and vehicles | 24 | €63,883 | €76,551 | +€12,669 | +19.8% |
| Financial fixed assets | 28 | €186 | €186 | = | 0.0% |
| Current assets | 29/58 | €616,708 | €694,146 | +€77,438 | +12.6% |
| Stocks and contracts in progress | 3 | €259,534 | €237,206 | -€22,328 | -8.6% |
| Stocks | 30/36 | €259,534 | €237,206 | -€22,328 | -8.6% |
| Amounts receivable within one year | 40/41 | €293,572 | €336,904 | +€43,332 | +14.8% |
| Trade receivables | 40 | €276,173 | €324,613 | +€48,440 | +17.5% |
| Other amounts receivable | 41 | €17,399 | €12,291 | -€5,108 | -29.4% |
| Cash at bank and in hand | 54/58 | €52,993 | €111,846 | +€58,853 | +111.1% |
| Deferred charges and accrued income | 490/1 | €10,609 | €8,191 | -€2,418 | -22.8% |
| Total equity and liabilities | 10/49 | €959,247 | €1,017,974 | +€58,727 | +6.1% |
| Equity | 10/15 | €229,745 | €239,142 | +€9,397 | +4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €22,509 | €22,509 | = | 0.0% |
| Reserves | 13 | €213,988 | €213,988 | = | 0.0% |
| Distributable reserves | 133 | €213,988 | €213,988 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,351 | -€15,954 | +€9,397 | +37.1% |
| Amounts payable | 17/49 | €729,502 | €778,832 | +€49,331 | +6.8% |
| Amounts payable after more than one year | 17 | €172,192 | €170,834 | -€1,358 | -0.8% |
| Financial debts | 170/4 | €172,192 | €170,834 | -€1,358 | -0.8% |
| Amounts payable within one year | 42/48 | €557,310 | €600,933 | +€43,623 | +7.8% |
| Current portion of amounts payable after more than one year | 42 | €197,755 | €210,639 | +€12,884 | +6.5% |
| Trade debts | 44 | €159,219 | €168,487 | +€9,268 | +5.8% |
| Suppliers | 440/4 | €159,219 | €168,487 | +€9,268 | +5.8% |
| Advances received on contracts in progress | 46 | €114,075 | €119,012 | +€4,937 | +4.3% |
| Taxes, remuneration and social security | 45 | €86,261 | €93,819 | +€7,558 | +8.8% |
| Taxes | 450/3 | €39,256 | €37,237 | -€2,019 | -5.1% |
| Remuneration and social security | 454/9 | €47,005 | €56,582 | +€9,577 | +20.4% |
| Other amounts payable | 47/48 | - | €8,977 | +€8,977 | |
| Accrued charges and deferred income | 492/3 | - | €7,065 | +€7,065 | |
| Non-recurring operating income | 76A | - | €414 | +€414 | |
| Remuneration, social security and pensions | 62 | €349,392 | €378,942 | +€29,550 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,466 | €45,009 | +€2,542 | +6.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1,808 | - | +€1,808 | |
| Other operating charges | 640/8 | €19,961 | €20,046 | +€85 | +0.4% |
| Non-recurring operating charges | 66A | €2,207 | - | -€2,207 | |
| Gross operating margin | 9900 | €405,128 | €480,108 | +€74,980 | +18.5% |
| Operating profit (loss) | 9901 | -€7,090 | €36,112 | +€43,201 | |
| Financial income | 75/76B | €609 | €801 | +€192 | +31.5% |
| Recurring financial income | 75 | €609 | €801 | +€192 | +31.5% |
| Financial charges | 65/66B | €18,022 | €19,546 | +€1,524 | +8.5% |
| Recurring financial charges | 65 | €18,022 | €19,546 | +€1,524 | +8.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,503 | €17,366 | +€41,869 | |
| Income taxes | 67/77 | €848 | €7,969 | +€7,121 | +839.9% |
| Profit (loss) for the period | 9904 | -€25,351 | €9,397 | +€34,748 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,351 | €9,397 | +€34,748 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.