CHAMELEON PROJECTS: 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.
CHAMELEON PROJECTS
Largest movements
- Tangible fixed assets +€67,286
up €67,286 (+91.6%), from €73,476 to €140,762
of which Leasing and similar rights: +€72,158
- Receivables within one year +€41,193
up €41,193 (+64.2%), from €64,114 to €105,306
of which Trade receivables: +€42,333
- Debts after one year +€57,461
up €57,461 (+158.0%), from €36,360 to €93,821
- Reserves +€55,323
up €55,323 (+50.5%), from €109,546 to €164,869
of which Distributable reserves: +€55,323
- Other debts -€34,579
down €34,579 (-42.1%), from €82,174 to €47,595
- Current portion of long-term debt +€15,079
up €15,079 (+174.5%), from €8,643 to €23,722
- Trade debts +€6,968
up €6,968 (+19.3%), from €36,179 to €43,147
- Gross operating margin +€22,229
up €22,229 (+19.8%), from €112,335 to €134,563
- Depreciation +€7,330
up €7,330 (+121.0%), from €6,059 to €13,389
- Financial charges +€4,556
up €4,556 (+143.5%), from €3,175 to €7,731
- Taxes +€2,459
up €2,459 (+9.5%), from €25,971 to €28,430
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 | €273,701 | €382,928 | +€109,227 | +39.9% |
| Fixed assets | 21/28 | €73,703 | €140,762 | +€67,059 | +91.0% |
| Intangible fixed assets | 21 | €227 | €0 | -€227 | -100.0% |
| Tangible fixed assets | 22/27 | €73,476 | €140,762 | +€67,286 | +91.6% |
| Land and buildings | 22 | €2,846 | €2,413 | -€433 | -15.2% |
| Plant, machinery and equipment | 23 | €1,496 | €779 | -€717 | -47.9% |
| Furniture and vehicles | 24 | €3,168 | €614 | -€2,554 | -80.6% |
| Leasing and similar rights | 25 | €45,219 | €117,376 | +€72,158 | +159.6% |
| Other tangible fixed assets | 26 | €20,747 | €19,579 | -€1,168 | -5.6% |
| Current assets | 29/58 | €199,998 | €242,166 | +€42,168 | +21.1% |
| Amounts receivable within one year | 40/41 | €64,114 | €105,306 | +€41,193 | +64.2% |
| Trade receivables | 40 | €41,388 | €83,721 | +€42,333 | +102.3% |
| Other amounts receivable | 41 | €22,725 | €21,585 | -€1,140 | -5.0% |
| Cash at bank and in hand | 54/58 | €135,285 | €136,259 | +€975 | +0.7% |
| Deferred charges and accrued income | 490/1 | €600 | €600 | = | 0.0% |
| Total equity and liabilities | 10/49 | €273,701 | €382,928 | +€109,227 | +39.9% |
| Equity | 10/15 | €96,341 | €151,665 | +€55,323 | +57.4% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €109,546 | €164,869 | +€55,323 | +50.5% |
| Tax-exempt reserves | 132 | €11,399 | €11,399 | = | 0.0% |
| Distributable reserves | 133 | €98,146 | €153,470 | +€55,323 | +56.4% |
| Profit (loss) carried forward | 14 | -€13,204 | -€13,204 | = | 0.0% |
| Amounts payable | 17/49 | €177,360 | €231,263 | +€53,904 | +30.4% |
| Amounts payable after more than one year | 17 | €36,360 | €93,821 | +€57,461 | +158.0% |
| Financial debts | 170/4 | €36,360 | €93,821 | +€57,461 | +158.0% |
| Amounts payable within one year | 42/48 | €139,309 | €132,749 | -€6,561 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €8,643 | €23,722 | +€15,079 | +174.5% |
| Trade debts | 44 | €36,179 | €43,147 | +€6,968 | +19.3% |
| Suppliers | 440/4 | €36,179 | €43,147 | +€6,968 | +19.3% |
| Taxes, remuneration and social security | 45 | €12,314 | €18,285 | +€5,971 | +48.5% |
| Taxes | 450/3 | €10,015 | €15,945 | +€5,930 | +59.2% |
| Remuneration and social security | 454/9 | €2,299 | €2,340 | +€41 | +1.8% |
| Other amounts payable | 47/48 | €82,174 | €47,595 | -€34,579 | -42.1% |
| Accrued charges and deferred income | 492/3 | €1,691 | €4,694 | +€3,004 | +177.7% |
| Remuneration, social security and pensions | 62 | €26,337 | €27,381 | +€1,043 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,059 | €13,389 | +€7,330 | +121.0% |
| Other operating charges | 640/8 | €1,083 | €2,327 | +€1,244 | +114.8% |
| Gross operating margin | 9900 | €112,335 | €134,563 | +€22,229 | +19.8% |
| Operating profit (loss) | 9901 | €78,855 | €91,467 | +€12,612 | +16.0% |
| Financial income | 75/76B | €25 | €17 | -€8 | -31.9% |
| Recurring financial income | 75 | €25 | €17 | -€8 | -31.9% |
| Financial charges | 65/66B | €3,175 | €7,731 | +€4,556 | +143.5% |
| Recurring financial charges | 65 | €3,175 | €7,731 | +€4,556 | +143.5% |
| Profit (loss) for the period before taxes | 9903 | €75,706 | €83,753 | +€8,047 | +10.6% |
| Income taxes | 67/77 | €25,971 | €28,430 | +€2,459 | +9.5% |
| Profit (loss) for the period | 9904 | €49,734 | €55,323 | +€5,589 | +11.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,734 | €55,323 | +€5,589 | +11.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.