Champion System Belgium: 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.
Champion System Belgium
Largest movements
- Cash -€7,487
down €7,487 (-79.8%), from €9,385 to €1,898
mainly Debts after one year (-€6,865) and Receivables within one year (-€6,788)
- Receivables within one year +€6,788
up €6,788 (+58.6%), from €11,592 to €18,380
of which Trade receivables: +€4,848
- Tangible fixed assets -€5,024
down €5,024 (-15.0%), from €33,458 to €28,434
of which Furniture and vehicles: -€5,752
- Debts after one year -€6,865
down €6,865 (-79.6%), from €8,625 to €1,760
- Profit (loss) carried forward +€2,810
up €2,810, from -€1,891 to €919
- Tax, wage and social debts +€2,471
up €2,471 (+73.0%), from €3,384 to €5,855
- Other debts -€2,081
down €2,081 (-97.9%), from €2,127 to €46
- Trade debts -€2,075
down €2,075 (-41.4%), from €5,014 to €2,938
- Depreciation +€3,582
up €3,582 (+60.0%), from €5,966 to €9,548
- Other operating charges +€980
up €980 (+26.9%), from €3,645 to €4,625
- Financial charges -€403
down €403 (-37.6%), from €1,070 to €667
- Taxes +€300
up €300 (+10.8%), from €2,777 to €3,078
- Gross operating margin +€268
up €268 (+1.3%), from €20,451 to €20,720
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 | €54,434 | €48,962 | -€5,472 | -10.1% |
| Fixed assets | 21/28 | €33,458 | €28,434 | -€5,024 | -15.0% |
| Tangible fixed assets | 22/27 | €33,458 | €28,434 | -€5,024 | -15.0% |
| Land and buildings | 22 | €2,917 | €2,567 | -€350 | -12.0% |
| Plant, machinery and equipment | 23 | - | €1,077 | +€1,077 | |
| Furniture and vehicles | 24 | €30,541 | €24,789 | -€5,752 | -18.8% |
| Current assets | 29/58 | €20,977 | €20,528 | -€448 | -2.1% |
| Amounts receivable within one year | 40/41 | €11,592 | €18,380 | +€6,788 | +58.6% |
| Trade receivables | 40 | €11,316 | €16,164 | +€4,848 | +42.8% |
| Other amounts receivable | 41 | €276 | €2,216 | +€1,940 | +703% |
| Cash at bank and in hand | 54/58 | €9,385 | €1,898 | -€7,487 | -79.8% |
| Deferred charges and accrued income | 490/1 | - | €250 | +€250 | |
| Total equity and liabilities | 10/49 | €54,434 | €48,962 | -€5,472 | -10.1% |
| Equity | 10/15 | €17,856 | €20,665 | +€2,810 | +15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,147 | €1,147 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,147 | €1,147 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,147 | €1,147 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,891 | €919 | +€2,810 | |
| Amounts payable | 17/49 | €36,579 | €28,296 | -€8,282 | -22.6% |
| Amounts payable after more than one year | 17 | €8,625 | €1,760 | -€6,865 | -79.6% |
| Financial debts | 170/4 | €8,625 | €1,760 | -€6,865 | -79.6% |
| Amounts payable within one year | 42/48 | €27,954 | €26,537 | -€1,417 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €6,597 | €6,865 | +€268 | +4.1% |
| Trade debts | 44 | €5,014 | €2,938 | -€2,075 | -41.4% |
| Suppliers | 440/4 | €5,014 | €2,938 | -€2,075 | -41.4% |
| Advances received on contracts in progress | 46 | €10,833 | €10,833 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,384 | €5,855 | +€2,471 | +73.0% |
| Taxes | 450/3 | €3,384 | €5,855 | +€2,471 | +73.0% |
| Other amounts payable | 47/48 | €2,127 | €46 | -€2,081 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,966 | €9,548 | +€3,582 | +60.0% |
| Other operating charges | 640/8 | €3,645 | €4,625 | +€980 | +26.9% |
| Gross operating margin | 9900 | €20,451 | €20,720 | +€268 | +1.3% |
| Operating profit (loss) | 9901 | €10,841 | €6,547 | -€4,294 | -39.6% |
| Financial income | 75/76B | €0 | €7 | +€7 | |
| Recurring financial income | 75 | €0 | €7 | +€7 | |
| Financial charges | 65/66B | €1,070 | €667 | -€403 | -37.6% |
| Recurring financial charges | 65 | €1,070 | €667 | -€403 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | €9,771 | €5,887 | -€3,883 | -39.7% |
| Income taxes | 67/77 | €2,777 | €3,078 | +€300 | +10.8% |
| Profit (loss) for the period | 9904 | €6,993 | €2,810 | -€4,184 | -59.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,993 | €2,810 | -€4,184 | -59.8% |
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 24 October 2026 via checked.be.