Chamzatov: what changed
Two fiscal 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.
Chamzatov
Largest movements
- Cash +€35,413
up €35,413 (+82.0%), from €43,202 to €78,615
mainly Net result for the year (+€23,910) and Tax, wage and social debts (+€9,124)
- Receivables within one year +€3,651
up €3,651 (+16.6%), from €21,970 to €25,620
- Deferred charges and accrued income -€2,897
down €2,897 (-43.6%), from €6,647 to €3,750
- Reserves +€23,910
up €23,910 (+45.3%), from €52,781 to €76,691
- Tax, wage and social debts +€9,124
up €9,124 (+35.8%), from €25,499 to €34,623
of which Taxes: +€11,124
- Trade debts +€3,272
up €3,272 (+398.7%), from €821 to €4,093
- Gross operating margin -€24,063
down €24,063 (-35.2%), from €68,432 to €44,369
- Taxes -€5,509
down €5,509 (-28.8%), from €19,121 to €13,611
- Other operating charges +€2,875
up €2,875 (+1581.5%), from €182 to €3,057
- Financial charges +€2,218
up €2,218 (+2742.2%), from €81 to €2,299
- Depreciation +€1,703
up €1,703 (+206.8%), from €824 to €2,527
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 | €80,101 | €116,407 | +€36,306 | +45.3% |
| Fixed assets | 21/28 | €8,281 | €8,422 | +€140 | +1.7% |
| Tangible fixed assets | 22/27 | €8,281 | €8,422 | +€140 | +1.7% |
| Plant, machinery and equipment | 23 | €8,281 | €8,422 | +€140 | +1.7% |
| Current assets | 29/58 | €71,819 | €107,985 | +€36,166 | +50.4% |
| Amounts receivable within one year | 40/41 | €21,970 | €25,620 | +€3,651 | +16.6% |
| Other amounts receivable | 41 | €21,970 | €25,620 | +€3,651 | +16.6% |
| Cash at bank and in hand | 54/58 | €43,202 | €78,615 | +€35,413 | +82.0% |
| Deferred charges and accrued income | 490/1 | €6,647 | €3,750 | -€2,897 | -43.6% |
| Total equity and liabilities | 10/49 | €80,101 | €116,407 | +€36,306 | +45.3% |
| Equity | 10/15 | €53,781 | €77,691 | +€23,910 | +44.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €52,781 | €76,691 | +€23,910 | +45.3% |
| Distributable reserves | 133 | €52,781 | €76,691 | +€23,910 | +45.3% |
| Amounts payable | 17/49 | €26,320 | €38,716 | +€12,396 | +47.1% |
| Amounts payable within one year | 42/48 | €26,320 | €38,716 | +€12,396 | +47.1% |
| Trade debts | 44 | €821 | €4,093 | +€3,272 | +398.7% |
| Suppliers | 440/4 | €821 | €4,093 | +€3,272 | +398.7% |
| Taxes, remuneration and social security | 45 | €25,499 | €34,623 | +€9,124 | +35.8% |
| Taxes | 450/3 | €23,499 | €34,623 | +€11,124 | +47.3% |
| Remuneration and social security | 454/9 | €2,000 | €0 | -€2,000 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €824 | €2,527 | +€1,703 | +206.8% |
| Other operating charges | 640/8 | €182 | €3,057 | +€2,875 | +1581.5% |
| Gross operating margin | 9900 | €68,432 | €44,369 | -€24,063 | -35.2% |
| Operating profit (loss) | 9901 | €67,426 | €38,785 | -€28,641 | -42.5% |
| Financial income | 75/76B | €321 | €1,036 | +€715 | +223.1% |
| Recurring financial income | 75 | €321 | €1,036 | +€715 | +223.1% |
| Financial charges | 65/66B | €81 | €2,299 | +€2,218 | +2742.2% |
| Recurring financial charges | 65 | €81 | €2,299 | +€2,218 | +2742.2% |
| Profit (loss) for the period before taxes | 9903 | €67,666 | €37,522 | -€30,144 | -44.5% |
| Income taxes | 67/77 | €19,121 | €13,611 | -€5,509 | -28.8% |
| Profit (loss) for the period | 9904 | €48,545 | €23,910 | -€24,635 | -50.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,545 | €23,910 | -€24,635 | -50.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.