CHAMPIGNONS HANSEN: 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.
CHAMPIGNONS HANSEN
Largest movements
- Stocks and contracts -€6,235
down €6,235 (-72.6%), from €8,593 to €2,359
- Tangible fixed assets -€4,587
down €4,587 (-17.7%), from €25,976 to €21,389
- Receivables within one year -€4,390
down €4,390 (-5.7%), from €76,862 to €72,472
of which Other amounts receivable: -€4,826
- Cash +€3,708
up €3,708 (+16.1%), from €22,982 to €26,689
mainly Trade debts (+€12,236) and Stocks and contracts (+€6,235)
- Reserves -€18,654
down €18,654 (-63.4%), from €29,426 to €10,773
of which Distributable reserves: -€18,654
- Trade debts +€12,236
up €12,236 (+27.0%), from €45,332 to €57,567
- Tax, wage and social debts -€7,539
down €7,539 (-44.6%), from €16,910 to €9,370
of which Remuneration and social security: -€7,020
- Other debts +€3,045
up €3,045 (+27.2%), from €11,198 to €14,243
- Gross operating margin -€51,111
down €51,111 (-40.4%), from €126,611 to €75,500
- Staff costs -€29,057
down €29,057 (-25.3%), from €115,067 to €86,010
- Financial income -€7,174
down €7,174 (-97.8%), from €7,332 to €159
- Depreciation -€3,106
down €3,106 (-40.4%), from €7,692 to €4,587
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 | €136,734 | €125,805 | -€10,928 | -8.0% |
| Fixed assets | 21/28 | €26,012 | €21,389 | -€4,622 | -17.8% |
| Tangible fixed assets | 22/27 | €25,976 | €21,389 | -€4,587 | -17.7% |
| Land and buildings | 22 | €21,013 | €19,139 | -€1,874 | -8.9% |
| Plant, machinery and equipment | 23 | €1,100 | €300 | -€800 | -72.8% |
| Furniture and vehicles | 24 | €3,863 | €1,951 | -€1,913 | -49.5% |
| Financial fixed assets | 28 | €36 | €0 | -€36 | -100.0% |
| Current assets | 29/58 | €110,722 | €104,416 | -€6,306 | -5.7% |
| Stocks and contracts in progress | 3 | €8,593 | €2,359 | -€6,235 | -72.6% |
| Stocks | 30/36 | €8,593 | €2,359 | -€6,235 | -72.6% |
| Amounts receivable within one year | 40/41 | €76,862 | €72,472 | -€4,390 | -5.7% |
| Trade receivables | 40 | €70,733 | €71,170 | +€437 | +0.6% |
| Other amounts receivable | 41 | €6,129 | €1,303 | -€4,826 | -78.7% |
| Cash at bank and in hand | 54/58 | €22,982 | €26,689 | +€3,708 | +16.1% |
| Deferred charges and accrued income | 490/1 | €2,285 | €2,896 | +€611 | +26.7% |
| Total equity and liabilities | 10/49 | €136,734 | €125,805 | -€10,928 | -8.0% |
| Equity | 10/15 | €63,278 | €44,625 | -€18,654 | -29.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €29,426 | €10,773 | -€18,654 | -63.4% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €19,426 | €773 | -€18,654 | -96.0% |
| Profit (loss) carried forward | 14 | €13,852 | €13,852 | = | 0.0% |
| Amounts payable | 17/49 | €73,455 | €81,181 | +€7,725 | +10.5% |
| Amounts payable within one year | 42/48 | €73,440 | €81,181 | +€7,741 | +10.5% |
| Trade debts | 44 | €45,332 | €57,567 | +€12,236 | +27.0% |
| Suppliers | 440/4 | €45,332 | €57,567 | +€12,236 | +27.0% |
| Taxes, remuneration and social security | 45 | €16,910 | €9,370 | -€7,539 | -44.6% |
| Taxes | 450/3 | €1,168 | €648 | -€519 | -44.5% |
| Remuneration and social security | 454/9 | €15,742 | €8,722 | -€7,020 | -44.6% |
| Other amounts payable | 47/48 | €11,198 | €14,243 | +€3,045 | +27.2% |
| Accrued charges and deferred income | 492/3 | €16 | €0 | -€16 | -100.0% |
| Non-recurring operating income | 76A | - | €4,000 | +€4,000 | |
| Remuneration, social security and pensions | 62 | €115,067 | €86,010 | -€29,057 | -25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,692 | €4,587 | -€3,106 | -40.4% |
| Other operating charges | 640/8 | €3,231 | €3,529 | +€298 | +9.2% |
| Gross operating margin | 9900 | €126,611 | €75,500 | -€51,111 | -40.4% |
| Operating profit (loss) | 9901 | €621 | -€18,625 | -€19,246 | |
| Financial income | 75/76B | €7,332 | €159 | -€7,174 | -97.8% |
| Recurring financial income | 75 | €7,332 | €159 | -€7,174 | -97.8% |
| Financial charges | 65/66B | €268 | €187 | -€81 | -30.2% |
| Recurring financial charges | 65 | €268 | €187 | -€81 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €7,685 | -€18,654 | -€26,339 | |
| Profit (loss) for the period | 9904 | €7,685 | -€18,654 | -€26,339 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,685 | -€18,654 | -€26,339 |
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 12 October 2026 via checked.be.