CHAMPEL: 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.
CHAMPEL
Largest movements
- Receivables within one year -€420,866
down €420,866 (-62.2%), from €676,330 to €255,464
- Cash +€26,853
up €26,853 (+324%), from €8,288 to €35,141
mainly Receivables within one year (+€420,866) and Net result for the year (+€72,723)
- Tangible fixed assets -€21,217
down €21,217 (-4.6%), from €457,861 to €436,644
- Deferred charges and accrued income -€17,544
down €17,544 (-85.5%), from €20,512 to €2,968
- Debts after one year -€413,290
down €413,290 (-100%), from €413,290 to €0
- Current portion of long-term debt -€90,340
down €90,340 (-100%), from €90,340 to €0
- Profit (loss) carried forward +€72,723
up €72,723, from -€30,898 to €41,824
- Accrued charges and deferred income +€29,738
up €29,738 (+2,372%), from €1,254 to €30,991
- Other debts -€18,187
down €18,187 (-3.1%), from €588,201 to €570,014
- Financial income +€76,184
up €76,184 (+259%), from €29,425 to €105,608
of which Non-recurring financial income: +€75,854
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 | €1,165,531 | €732,757 | -€432,774 | -37.1% |
| Fixed assets | 21/28 | €460,401 | €439,184 | -€21,217 | -4.6% |
| Tangible fixed assets | 22/27 | €457,861 | €436,644 | -€21,217 | -4.6% |
| Land and buildings | 22 | €457,861 | €436,644 | -€21,217 | -4.6% |
| Financial fixed assets | 28 | €2,540 | €2,540 | = | 0.0% |
| Current assets | 29/58 | €705,130 | €293,574 | -€411,556 | -58.4% |
| Amounts receivable within one year | 40/41 | €676,330 | €255,464 | -€420,866 | -62.2% |
| Other amounts receivable | 41 | €676,330 | €255,464 | -€420,866 | -62.2% |
| Cash at bank and in hand | 54/58 | €8,288 | €35,141 | +€26,853 | +324% |
| Deferred charges and accrued income | 490/1 | €20,512 | €2,968 | -€17,544 | -85.5% |
| Total equity and liabilities | 10/49 | €1,165,531 | €732,757 | -€432,774 | -37.1% |
| Equity | 10/15 | €34,007 | €106,729 | +€72,723 | +214% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Uncalled capital | 101 | €187,500 | €187,500 | = | 0.0% |
| Reserves | 13 | €2,405 | €2,405 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,405 | €2,405 | = | 0.0% |
| Legal reserve | 130 | €2,405 | €2,405 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,898 | €41,824 | +€72,723 | |
| Amounts payable | 17/49 | €1,131,524 | €626,028 | -€505,496 | -44.7% |
| Amounts payable after more than one year | 17 | €413,290 | €0 | -€413,290 | -100% |
| Financial debts | 170/4 | €413,290 | €0 | -€413,290 | -100% |
| Amounts payable within one year | 42/48 | €716,980 | €595,036 | -€121,944 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €90,340 | €0 | -€90,340 | -100% |
| Trade debts | 44 | €5,140 | €8,458 | +€3,318 | +64.6% |
| Suppliers | 440/4 | €5,140 | €8,458 | +€3,318 | +64.6% |
| Taxes, remuneration and social security | 45 | €33,300 | €16,564 | -€16,736 | -50.3% |
| Taxes | 450/3 | €33,300 | €16,564 | -€16,736 | -50.3% |
| Other amounts payable | 47/48 | €588,201 | €570,014 | -€18,187 | -3.1% |
| Accrued charges and deferred income | 492/3 | €1,254 | €30,991 | +€29,738 | +2,372% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,217 | €21,217 | = | 0.0% |
| Other operating charges | 640/8 | €6,267 | €6,206 | -€60 | -1.0% |
| Gross operating margin | 9900 | €36,852 | €36,942 | +€91 | +0.2% |
| Operating profit (loss) | 9901 | €9,368 | €9,519 | +€151 | +1.6% |
| Financial income | 75/76B | €29,425 | €105,608 | +€76,184 | +259% |
| Recurring financial income | 75 | €29,425 | €29,754 | +€330 | +1.1% |
| Non-recurring financial income | 76B | - | €75,854 | +€75,854 | |
| Financial charges | 65/66B | €42,548 | €42,405 | -€143 | -0.3% |
| Recurring financial charges | 65 | €42,548 | €42,405 | -€143 | -0.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,755 | €72,723 | +€76,478 | |
| Profit (loss) for the period | 9904 | -€3,755 | €72,723 | +€76,478 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,755 | €72,723 | +€76,478 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.