CHAMPY-CODE: 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.
CHAMPY-CODE
Largest movements
- Receivables within one year -€154,440
down €154,440 (-42.5%), from €363,150 to €208,710
of which Other amounts receivable: -€154,440
- Tangible fixed assets -€108,029
down €108,029 (-6.1%), from €1.8m to €1.7m
of which Land and buildings: -€89,568
- Financial fixed assets -€100,000
down €100,000 (-85.0%), from €117,673 to €17,673
- Stocks and contracts -€29,003
down €29,003 (-39.7%), from €72,977 to €43,974
- Other debts -€291,377
down €291,377 (-24.0%), from €1.2m to €924,903
- Debts after one year -€71,372
down €71,372 (-25.8%), from €276,361 to €204,989
- Financial charges -€10,930
down €10,930 (-14.8%), from €73,715 to €62,785
- Gross operating margin -€8,686
down €8,686 (-5.2%), from €168,015 to €159,330
- Financial income -€3,228
down €3,228 (-19.1%), from €16,869 to €13,641
- Depreciation -€3,099
down €3,099 (-2.8%), from €111,128 to €108,029
- Taxes -€1,817
down €1,817 (-16.1%), from €11,257 to €9,440
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 | €2,361,420 | €1,966,257 | -€395,163 | -16.7% |
| Fixed assets | 21/28 | €1,886,613 | €1,678,584 | -€208,029 | -11.0% |
| Tangible fixed assets | 22/27 | €1,768,940 | €1,660,912 | -€108,029 | -6.1% |
| Land and buildings | 22 | €1,716,448 | €1,626,881 | -€89,568 | -5.2% |
| Plant, machinery and equipment | 23 | €26,587 | €16,406 | -€10,181 | -38.3% |
| Leasing and similar rights | 25 | €25,905 | €17,625 | -€8,280 | -32.0% |
| Financial fixed assets | 28 | €117,673 | €17,673 | -€100,000 | -85.0% |
| Current assets | 29/58 | €474,807 | €287,672 | -€187,134 | -39.4% |
| Stocks and contracts in progress | 3 | €72,977 | €43,974 | -€29,003 | -39.7% |
| Stocks | 30/36 | €72,977 | €43,974 | -€29,003 | -39.7% |
| Amounts receivable within one year | 40/41 | €363,150 | €208,710 | -€154,440 | -42.5% |
| Trade receivables | 40 | €18,150 | €18,150 | = | 0.0% |
| Other amounts receivable | 41 | €345,000 | €190,560 | -€154,440 | -44.8% |
| Cash at bank and in hand | 54/58 | €20,643 | €20,334 | -€309 | -1.5% |
| Deferred charges and accrued income | 490/1 | €18,037 | €14,655 | -€3,381 | -18.7% |
| Total equity and liabilities | 10/49 | €2,361,420 | €1,966,257 | -€395,163 | -16.7% |
| Equity | 10/15 | €417,697 | €397,710 | -€19,986 | -4.8% |
| Contributions | 10/11 | €126,500 | €126,500 | = | 0.0% |
| Capital | 10 | €126,500 | €126,500 | = | 0.0% |
| Issued capital | 100 | €126,500 | €126,500 | = | 0.0% |
| Reserves | 13 | €291,197 | €271,210 | -€19,986 | -6.9% |
| Non-distributable reserves | 130/1 | €12,650 | €12,650 | = | 0.0% |
| Legal reserve | 130 | €12,650 | €12,650 | = | 0.0% |
| Tax-exempt reserves | 132 | €174,195 | €166,123 | -€8,072 | -4.6% |
| Distributable reserves | 133 | €104,352 | €92,437 | -€11,915 | -11.4% |
| Provisions and deferred taxes | 16 | €89,697 | €85,540 | -€4,156 | -4.6% |
| Deferred taxes | 168 | €89,697 | €85,540 | -€4,156 | -4.6% |
| Amounts payable | 17/49 | €1,854,026 | €1,483,006 | -€371,020 | -20.0% |
| Amounts payable after more than one year | 17 | €276,361 | €204,989 | -€71,372 | -25.8% |
| Financial debts | 170/4 | €276,361 | €204,989 | -€71,372 | -25.8% |
| Amounts payable within one year | 42/48 | €1,565,957 | €1,267,179 | -€298,779 | -19.1% |
| Current portion of amounts payable after more than one year | 42 | €77,175 | €71,372 | -€5,803 | -7.5% |
| Financial debts | 43 | €250,000 | €250,000 | = | 0.0% |
| Credit institutions | 430/8 | €250,000 | €250,000 | = | 0.0% |
| Trade debts | 44 | €1,523 | €1,563 | +€40 | +2.6% |
| Suppliers | 440/4 | €1,523 | €1,563 | +€40 | +2.6% |
| Taxes, remuneration and social security | 45 | €20,979 | €19,341 | -€1,638 | -7.8% |
| Taxes | 450/3 | €20,979 | €19,341 | -€1,638 | -7.8% |
| Other amounts payable | 47/48 | €1,216,281 | €924,903 | -€291,377 | -24.0% |
| Accrued charges and deferred income | 492/3 | €11,708 | €10,838 | -€870 | -7.4% |
| Non-recurring operating income | 76A | €5,865 | €0 | -€5,865 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,128 | €108,029 | -€3,099 | -2.8% |
| Other operating charges | 640/8 | €18,221 | €16,859 | -€1,362 | -7.5% |
| Gross operating margin | 9900 | €168,015 | €159,330 | -€8,686 | -5.2% |
| Operating profit (loss) | 9901 | €38,666 | €34,442 | -€4,224 | -10.9% |
| Financial income | 75/76B | €16,869 | €13,641 | -€3,228 | -19.1% |
| Recurring financial income | 75 | €16,869 | €13,641 | -€3,228 | -19.1% |
| Financial charges | 65/66B | €73,715 | €62,785 | -€10,930 | -14.8% |
| Recurring financial charges | 65 | €73,715 | €62,785 | -€10,930 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,180 | -€14,702 | +€3,478 | +19.1% |
| Transfer from deferred taxes | 780 | €4,156 | €4,156 | = | 0.0% |
| Income taxes | 67/77 | €11,257 | €9,440 | -€1,817 | -16.1% |
| Profit (loss) for the period | 9904 | -€25,281 | -€19,986 | +€5,295 | +20.9% |
| Transfer from tax-exempt reserves | 789 | €8,072 | €8,072 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,210 | -€11,915 | +€5,295 | +30.8% |
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 11 October 2026 via checked.be.