Champagne Construct: 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.
Champagne Construct
Largest movements
- Tangible fixed assets +€27,504
up €27,504 (+4656.0%), from €591 to €28,094
of which Land and buildings: +€27,752
- Stocks and contracts +€4,718
up €4,718 (+21.9%), from €21,525 to €26,243
- Cash +€3,855
up €3,855 (+32.9%), from €11,719 to €15,574
mainly Debts after one year (+€30,347) and Trade debts (+€2,448)
- Receivables within one year -€2,250
down €2,250 (-30.5%), from €7,385 to €5,135
of which Other amounts receivable: -€2,223
- Debts after one year +€30,347
up €30,347 (+95.9%), from €31,660 to €62,007
- Trade debts +€2,448
up €2,448 (+805.1%), from €304 to €2,752
- Gross operating margin +€1,819
up €1,819 (+101.9%), from €1,785 to €3,604
- Other operating charges +€1,003
up €1,003 (+224.6%), from €446 to €1,449
- Depreciation +€384
up €384 (+60.2%), from €638 to €1,021
- Staff costs +€194
new in 2025: €194
- Taxes -€53
down €53 (-9.3%), from €570 to €517
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 | €42,797 | €76,306 | +€33,509 | +78.3% |
| Formation expenses | 20 | €1,577 | €1,092 | -€484 | -30.7% |
| Fixed assets | 21/28 | €591 | €28,094 | +€27,504 | +4656.0% |
| Tangible fixed assets | 22/27 | €591 | €28,094 | +€27,504 | +4656.0% |
| Land and buildings | 22 | - | €27,752 | +€27,752 | |
| Plant, machinery and equipment | 23 | €591 | €343 | -€248 | -42.0% |
| Current assets | 29/58 | €40,630 | €47,119 | +€6,489 | +16.0% |
| Stocks and contracts in progress | 3 | €21,525 | €26,243 | +€4,718 | +21.9% |
| Contracts in progress | 37 | €21,525 | €26,243 | +€4,718 | +21.9% |
| Amounts receivable within one year | 40/41 | €7,385 | €5,135 | -€2,250 | -30.5% |
| Trade receivables | 40 | €4,924 | €4,897 | -€27 | -0.5% |
| Other amounts receivable | 41 | €2,461 | €238 | -€2,223 | -90.3% |
| Cash at bank and in hand | 54/58 | €11,719 | €15,574 | +€3,855 | +32.9% |
| Deferred charges and accrued income | 490/1 | - | €167 | +€167 | |
| Total equity and liabilities | 10/49 | €42,797 | €76,306 | +€33,509 | +78.3% |
| Equity | 10/15 | €10,262 | €10,659 | +€396 | +3.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €262 | €659 | +€396 | +150.9% |
| Amounts payable | 17/49 | €32,535 | €65,647 | +€33,113 | +101.8% |
| Amounts payable after more than one year | 17 | €31,660 | €62,007 | +€30,347 | +95.9% |
| Other amounts payable | 178/9 | €31,660 | €62,007 | +€30,347 | +95.9% |
| Amounts payable within one year | 42/48 | €874 | €3,640 | +€2,766 | +316.3% |
| Trade debts | 44 | €304 | €2,752 | +€2,448 | +805.1% |
| Suppliers | 440/4 | €304 | €2,752 | +€2,448 | +805.1% |
| Taxes, remuneration and social security | 45 | €570 | €517 | -€53 | -9.3% |
| Taxes | 450/3 | €570 | €517 | -€53 | -9.3% |
| Other amounts payable | 47/48 | - | €371 | +€371 | |
| Remuneration, social security and pensions | 62 | - | €194 | +€194 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €638 | €1,021 | +€384 | +60.2% |
| Other operating charges | 640/8 | €446 | €1,449 | +€1,003 | +224.6% |
| Gross operating margin | 9900 | €1,785 | €3,604 | +€1,819 | +101.9% |
| Operating profit (loss) | 9901 | €701 | €940 | +€238 | +34.0% |
| Financial income | 75/76B | €15 | €53 | +€38 | +254.1% |
| Recurring financial income | 75 | €15 | €53 | +€38 | +254.1% |
| Financial charges | 65/66B | €63 | €80 | +€16 | +26.1% |
| Recurring financial charges | 65 | €63 | €80 | +€16 | +26.1% |
| Profit (loss) for the period before taxes | 9903 | €653 | €913 | +€260 | +39.8% |
| Income taxes | 67/77 | €570 | €517 | -€53 | -9.3% |
| Profit (loss) for the period | 9904 | €83 | €396 | +€313 | +376.8% |
| Profit (loss) for the period to be appropriated | 9905 | €83 | €396 | +€313 | +376.8% |
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 7 October 2026 via checked.be.