CHAMPS LIBRES: 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.
CHAMPS LIBRES
Largest movements
- Tangible fixed assets -€154,685
down €154,685 (-6.8%), from €2.3m to €2.1m
of which Land and buildings: -€128,240
- Receivables within one year -€133,113
down €133,113 (-37.1%), from €358,585 to €225,472
of which Other amounts receivable: -€139,980
- Cash +€45,835
up €45,835 (+82.5%), from €55,578 to €101,412
mainly Depreciation (+€176,849) and Receivables within one year (+€133,113)
- Debts after one year -€116,316
down €116,316 (-8.5%), from €1.4m to €1.3m
- Debts within one year -€63,632
down €63,632 (-10.9%), from €582,632 to €519,000
of which Short-term financial debts: -€47,116
- Investment grants -€49,074
down €49,074 (-6.1%), from €802,871 to €753,797
- Profit (loss) carried forward -€35,406
down €35,406 (-90.8%), from €39,000 to €3,595
- Other operating charges -€59,946
down €59,946 (-18.2%), from €329,870 to €269,923
- Gross operating margin -€56,935
down €56,935 (-2.2%), from €2.6m to €2.5m
- Purchases and services +€33,099
up €33,099 (+9.4%), from €352,953 to €386,052
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 | €2,927,243 | €2,665,031 | -€262,213 | -9.0% |
| Fixed assets | 21/28 | €2,271,446 | €2,115,262 | -€156,185 | -6.9% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €2,266,056 | €2,111,372 | -€154,685 | -6.8% |
| Land and buildings | 22 | €2,015,938 | €1,887,698 | -€128,240 | -6.4% |
| Plant, machinery and equipment | 23 | €26,203 | €28,998 | +€2,796 | +10.7% |
| Furniture and vehicles | 24 | €78,571 | €57,007 | -€21,564 | -27.4% |
| Other tangible fixed assets | 26 | €145,344 | €137,668 | -€7,676 | -5.3% |
| Financial fixed assets | 28 | €5,390 | €3,890 | -€1,500 | -27.8% |
| Current assets | 29/58 | €655,797 | €549,769 | -€106,028 | -16.2% |
| Amounts receivable after more than one year | 29 | €215,904 | €196,809 | -€19,095 | -8.8% |
| Other amounts receivable | 291 | €215,904 | €196,809 | -€19,095 | -8.8% |
| Amounts receivable within one year | 40/41 | €358,585 | €225,472 | -€133,113 | -37.1% |
| Trade receivables | 40 | €107,715 | €114,582 | +€6,867 | +6.4% |
| Other amounts receivable | 41 | €250,870 | €110,891 | -€139,980 | -55.8% |
| Cash at bank and in hand | 54/58 | €55,578 | €101,412 | +€45,835 | +82.5% |
| Deferred charges and accrued income | 490/1 | €25,730 | €26,076 | +€346 | +1.3% |
| Total equity and liabilities | 10/49 | €2,927,243 | €2,665,031 | -€262,213 | -9.0% |
| Equity | 10/15 | €966,871 | €882,392 | -€84,479 | -8.7% |
| Reserves | 13 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,000 | €3,595 | -€35,406 | -90.8% |
| Investment grants | 15 | €802,871 | €753,797 | -€49,074 | -6.1% |
| Amounts payable | 17/49 | €1,960,372 | €1,782,639 | -€177,734 | -9.1% |
| Amounts payable after more than one year | 17 | €1,374,737 | €1,258,421 | -€116,316 | -8.5% |
| Financial debts | 170/4 | €1,374,737 | €1,258,421 | -€116,316 | -8.5% |
| Amounts payable within one year | 42/48 | €582,632 | €519,000 | -€63,632 | -10.9% |
| Current portion of amounts payable after more than one year | 42 | €118,285 | €116,316 | -€1,969 | -1.7% |
| Financial debts | 43 | €47,116 | - | -€47,116 | |
| Other loans | 439 | €47,116 | - | -€47,116 | |
| Trade debts | 44 | €35,444 | €39,501 | +€4,057 | +11.4% |
| Suppliers | 440/4 | €35,444 | €39,501 | +€4,057 | +11.4% |
| Taxes, remuneration and social security | 45 | €334,955 | €314,291 | -€20,663 | -6.2% |
| Taxes | 450/3 | €43,074 | €44,528 | +€1,454 | +3.4% |
| Remuneration and social security | 454/9 | €291,881 | €269,763 | -€22,118 | -7.6% |
| Accrued charges and deferred income | 492/3 | €3,003 | €5,218 | +€2,215 | +73.7% |
| Non-recurring operating income | 76A | €7,386 | €65 | -€7,321 | -99.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €352,953 | €386,052 | +€33,099 | +9.4% |
| Remuneration, social security and pensions | 62 | €2,131,884 | €2,133,873 | +€1,988 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €174,071 | €176,849 | +€2,779 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €329,870 | €269,923 | -€59,946 | -18.2% |
| Non-recurring operating charges | 66A | €13,678 | €629 | -€13,049 | -95.4% |
| Gross operating margin | 9900 | €2,591,815 | €2,534,880 | -€56,935 | -2.2% |
| Operating profit (loss) | 9901 | -€57,687 | -€46,394 | +€11,293 | +19.6% |
| Financial income | 75/76B | €58,118 | €57,577 | -€541 | -0.9% |
| Recurring financial income | 75 | €58,118 | €57,577 | -€541 | -0.9% |
| Financial charges | 65/66B | €44,797 | €46,589 | +€1,792 | +4.0% |
| Recurring financial charges | 65 | €44,797 | €46,589 | +€1,792 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€44,366 | -€35,406 | +€8,960 | +20.2% |
| Profit (loss) for the period | 9904 | -€44,366 | -€35,406 | +€8,960 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,366 | -€35,406 | +€8,960 | +20.2% |
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 15 October 2026 via checked.be.