CHANDA BALNATH: 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.
CHANDA BALNATH
Largest movements
- Receivables after one year -€76,343
down €76,343 (-74.7%), from €102,247 to €25,904
- Tangible fixed assets +€45,851
up €45,851 (+426%), from €10,768 to €56,620
of which Furniture and vehicles: +€46,402
- Cash -€3,569
down €3,569 (-3.3%), from €107,292 to €103,722
mainly Contributions, distributions and other (-€111,520) and Investment in fixed assets (net) (-€57,586)
- Receivables within one year +€2,279
new in 2025: €2,279
- Reserves -€42,952
down €42,952 (-24.9%), from €172,195 to €129,243
of which Distributable reserves: -€42,952
- Other debts +€12,345
up €12,345 (+54.0%), from €22,841 to €35,186
- Contributions -€10,351
down €10,351 (-62.2%), from €16,634 to €6,282
- Tax, wage and social debts +€7,118
up €7,118 (+90.9%), from €7,830 to €14,947
of which Taxes: +€7,118
- Trade debts +€3,417
up €3,417 (+396%), from €863 to €4,281
- Gross operating margin +€37,509
up €37,509 (+59.8%), from €62,774 to €100,283
- Depreciation +€9,666
up €9,666 (+467%), from €2,069 to €11,735
- Taxes +€9,118
up €9,118 (+46.9%), from €19,460 to €28,577
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 | €221,125 | €190,702 | -€30,424 | -13.8% |
| Fixed assets | 21/28 | €10,768 | €56,620 | +€45,851 | +426% |
| Tangible fixed assets | 22/27 | €10,768 | €56,620 | +€45,851 | +426% |
| Furniture and vehicles | 24 | €7,778 | €54,180 | +€46,402 | +597% |
| Other tangible fixed assets | 26 | €2,990 | €2,439 | -€551 | -18.4% |
| Current assets | 29/58 | €210,357 | €134,082 | -€76,275 | -36.3% |
| Amounts receivable after more than one year | 29 | €102,247 | €25,904 | -€76,343 | -74.7% |
| Other amounts receivable | 291 | €102,247 | €25,904 | -€76,343 | -74.7% |
| Amounts receivable within one year | 40/41 | - | €2,279 | +€2,279 | |
| Other amounts receivable | 41 | - | €2,279 | +€2,279 | |
| Cash at bank and in hand | 54/58 | €107,292 | €103,722 | -€3,569 | -3.3% |
| Deferred charges and accrued income | 490/1 | €818 | €2,177 | +€1,359 | +166% |
| Total equity and liabilities | 10/49 | €221,125 | €190,702 | -€30,424 | -13.8% |
| Equity | 10/15 | €189,592 | €136,288 | -€53,304 | -28.1% |
| Contributions | 10/11 | €16,634 | €6,282 | -€10,351 | -62.2% |
| Reserves | 13 | €172,195 | €129,243 | -€42,952 | -24.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €170,335 | €127,383 | -€42,952 | -25.2% |
| Profit (loss) carried forward | 14 | €763 | €763 | = | 0.0% |
| Amounts payable | 17/49 | €31,534 | €54,414 | +€22,880 | +72.6% |
| Amounts payable within one year | 42/48 | €31,534 | €54,414 | +€22,880 | +72.6% |
| Trade debts | 44 | €863 | €4,281 | +€3,417 | +396% |
| Suppliers | 440/4 | €863 | €4,281 | +€3,417 | +396% |
| Taxes, remuneration and social security | 45 | €7,830 | €14,947 | +€7,118 | +90.9% |
| Taxes | 450/3 | €6,460 | €13,577 | +€7,118 | +110% |
| Remuneration and social security | 454/9 | €1,370 | €1,370 | = | 0.0% |
| Other amounts payable | 47/48 | €22,841 | €35,186 | +€12,345 | +54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,069 | €11,735 | +€9,666 | +467% |
| Other operating charges | 640/8 | €849 | €1,709 | +€860 | +101% |
| Gross operating margin | 9900 | €62,774 | €100,283 | +€37,509 | +59.8% |
| Operating profit (loss) | 9901 | €59,856 | €86,839 | +€26,983 | +45.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -75.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -75.0% |
| Financial charges | 65/66B | €486 | €45 | -€441 | -90.7% |
| Recurring financial charges | 65 | €486 | €45 | -€441 | -90.7% |
| Profit (loss) for the period before taxes | 9903 | €59,370 | €86,794 | +€27,423 | +46.2% |
| Income taxes | 67/77 | €19,460 | €28,577 | +€9,118 | +46.9% |
| Profit (loss) for the period | 9904 | €39,911 | €58,216 | +€18,306 | +45.9% |
| Profit (loss) for the period to be appropriated | 9905 | €39,911 | €58,216 | +€18,306 | +45.9% |
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.