CHAMS VOYAGE: 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.
CHAMS VOYAGE
Largest movements
- Receivables within one year +€602
up €602 (+9.8%), from €6,141 to €6,743
of which Other amounts receivable: +€602
- Current investments -€291
down €291 (-78.7%), from €370 to €79
- Trade debts +€5,244
up €5,244 (+323%), from €1,623 to €6,867
- Profit (loss) carried forward -€3,335
down €3,335 (-101%), from -€3,291 to -€6,626
- Tax, wage and social debts -€1,645
no longer reported in 2025 (was €1,645)
- Purchases and services -€5,348
down €5,348 (-16.0%), from €33,366 to €28,018
- Gross operating margin +€724
up €724 (+31.1%), from -€2,326 to -€1,602
- Other operating charges +€643
new in 2025: €643
- Staff costs +€565
new in 2025: €565
- Taxes +€407
up €407 (+1,852%), from €22 to €429
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 | €6,817 | €7,081 | +€264 | +3.9% |
| Current assets | 29/58 | €6,817 | €7,081 | +€264 | +3.9% |
| Amounts receivable within one year | 40/41 | €6,141 | €6,743 | +€602 | +9.8% |
| Trade receivables | 40 | €878 | €878 | = | 0.0% |
| Other amounts receivable | 41 | €5,264 | €5,865 | +€602 | +11.4% |
| Current investments | 50/53 | €370 | €79 | -€291 | -78.7% |
| Cash at bank and in hand | 54/58 | €306 | €259 | -€47 | -15.4% |
| Total equity and liabilities | 10/49 | €6,817 | €7,081 | +€264 | +3.9% |
| Equity | 10/15 | €3,549 | €214 | -€3,335 | -94.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €640 | €640 | = | 0.0% |
| Non-distributable reserves | 130/1 | €640 | €640 | = | 0.0% |
| Legal reserve | 130 | €640 | €640 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,291 | -€6,626 | -€3,335 | -101% |
| Amounts payable | 17/49 | €3,268 | €6,867 | +€3,599 | +110% |
| Amounts payable within one year | 42/48 | €3,268 | €6,867 | +€3,599 | +110% |
| Trade debts | 44 | €1,623 | €6,867 | +€5,244 | +323% |
| Suppliers | 440/4 | €1,623 | €6,867 | +€5,244 | +323% |
| Taxes, remuneration and social security | 45 | €1,645 | - | -€1,645 | |
| Taxes | 450/3 | €1,645 | - | -€1,645 | |
| Goods, raw materials, services and sundry goods | 60/61 | €33,366 | €28,018 | -€5,348 | -16.0% |
| Remuneration, social security and pensions | 62 | - | €565 | +€565 | |
| Other operating charges | 640/8 | - | €643 | +€643 | |
| Gross operating margin | 9900 | -€2,326 | -€1,602 | +€724 | +31.1% |
| Operating profit (loss) | 9901 | -€2,326 | -€2,810 | -€485 | -20.8% |
| Financial charges | 65/66B | €116 | €96 | -€20 | -17.3% |
| Recurring financial charges | 65 | €116 | €96 | -€20 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,441 | -€2,906 | -€465 | -19.0% |
| Income taxes | 67/77 | €22 | €429 | +€407 | +1,852% |
| Profit (loss) for the period | 9904 | -€2,463 | -€3,335 | -€872 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,463 | -€3,335 | -€872 | -35.4% |
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 25 October 2026 via checked.be.