CHAMELEON CONSTRUCT: 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.
CHAMELEON CONSTRUCT
Largest movements
- Stocks and contracts +€78,242
up €78,242 (+756%), from €10,350 to €88,592
of which Contracts in progress: +€78,242
- Receivables within one year -€70,576
down €70,576 (-52.1%), from €135,354 to €64,778
of which Trade receivables: -€69,581
- Cash -€33,122
down €33,122 (-51.3%), from €64,538 to €31,416
mainly Contributions, distributions and other (-€148,103) and Stocks and contracts (-€78,242)
- Tangible fixed assets -€21,131
down €21,131 (-6.0%), from €352,132 to €331,000
of which Land and buildings: -€17,312
- Deferred charges and accrued income -€9,140
down €9,140 (-92.3%), from €9,901 to €761
- Reserves -€51,514
down €51,514 (-43.6%), from €118,106 to €66,591
- Other debts +€41,708
up €41,708 (+31.2%), from €133,751 to €175,458
- Tax, wage and social debts -€19,692
down €19,692 (-100%), from €19,692 to €0
- Debts after one year -€16,769
down €16,769 (-7.4%), from €227,303 to €210,535
- Trade debts -€10,178
down €10,178 (-21.4%), from €47,479 to €37,300
- Gross operating margin +€60,348
up €60,348 (+58.4%), from €103,273 to €163,621
- Taxes +€7,743
up €7,743 (+52.5%), from €14,757 to €22,500
- Depreciation -€2,798
down €2,798 (-8.4%), from €33,426 to €30,628
- Financial charges +€2,017
up €2,017 (+19.6%), from €10,299 to €12,317
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 | €572,542 | €516,548 | -€55,994 | -9.8% |
| Fixed assets | 21/28 | €352,399 | €331,000 | -€21,398 | -6.1% |
| Intangible fixed assets | 21 | €267 | €0 | -€267 | -100% |
| Tangible fixed assets | 22/27 | €352,132 | €331,000 | -€21,131 | -6.0% |
| Land and buildings | 22 | €327,261 | €309,949 | -€17,312 | -5.3% |
| Plant, machinery and equipment | 23 | €22,361 | €17,854 | -€4,508 | -20.2% |
| Furniture and vehicles | 24 | €2,509 | €3,198 | +€689 | +27.4% |
| Current assets | 29/58 | €220,143 | €185,547 | -€34,596 | -15.7% |
| Stocks and contracts in progress | 3 | €10,350 | €88,592 | +€78,242 | +756% |
| Stocks | 30/36 | €10,350 | €10,350 | = | 0.0% |
| Contracts in progress | 37 | - | €78,242 | +€78,242 | |
| Amounts receivable within one year | 40/41 | €135,354 | €64,778 | -€70,576 | -52.1% |
| Trade receivables | 40 | €113,999 | €44,418 | -€69,581 | -61.0% |
| Other amounts receivable | 41 | €21,356 | €20,361 | -€995 | -4.7% |
| Cash at bank and in hand | 54/58 | €64,538 | €31,416 | -€33,122 | -51.3% |
| Deferred charges and accrued income | 490/1 | €9,901 | €761 | -€9,140 | -92.3% |
| Total equity and liabilities | 10/49 | €572,542 | €516,548 | -€55,994 | -9.8% |
| Equity | 10/15 | €124,306 | €72,791 | -€51,514 | -41.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,106 | €66,591 | -€51,514 | -43.6% |
| Distributable reserves | 133 | €118,106 | €66,591 | -€51,514 | -43.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €448,236 | €443,756 | -€4,479 | -1.0% |
| Amounts payable after more than one year | 17 | €227,303 | €210,535 | -€16,769 | -7.4% |
| Financial debts | 170/4 | €227,303 | €210,535 | -€16,769 | -7.4% |
| Amounts payable within one year | 42/48 | €218,637 | €230,926 | +€12,289 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €17,715 | €18,167 | +€452 | +2.6% |
| Trade debts | 44 | €47,479 | €37,300 | -€10,178 | -21.4% |
| Suppliers | 440/4 | €47,479 | €37,300 | -€10,178 | -21.4% |
| Taxes, remuneration and social security | 45 | €19,692 | €0 | -€19,692 | -100% |
| Taxes | 450/3 | €19,692 | €0 | -€19,692 | -100% |
| Other amounts payable | 47/48 | €133,751 | €175,458 | +€41,708 | +31.2% |
| Accrued charges and deferred income | 492/3 | €2,296 | €2,296 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,426 | €30,628 | -€2,798 | -8.4% |
| Other operating charges | 640/8 | €3,761 | €4,448 | +€688 | +18.3% |
| Gross operating margin | 9900 | €103,273 | €163,621 | +€60,348 | +58.4% |
| Operating profit (loss) | 9901 | €66,087 | €128,545 | +€62,458 | +94.5% |
| Financial income | 75/76B | €1,458 | €2,860 | +€1,402 | +96.2% |
| Recurring financial income | 75 | €1,458 | €2,860 | +€1,402 | +96.2% |
| Financial charges | 65/66B | €10,299 | €12,317 | +€2,017 | +19.6% |
| Recurring financial charges | 65 | €10,299 | €12,317 | +€2,017 | +19.6% |
| Profit (loss) for the period before taxes | 9903 | €57,246 | €119,089 | +€61,843 | +108% |
| Income taxes | 67/77 | €14,757 | €22,500 | +€7,743 | +52.5% |
| Profit (loss) for the period | 9904 | €42,489 | €96,589 | +€54,100 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €42,489 | €96,589 | +€54,100 | +127% |
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 14 October 2026 via checked.be.