CHANELLA: 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.
CHANELLA
Largest movements
- Cash -€575,653
down €575,653 (-79.7%), from €722,203 to €146,549
mainly Receivables within one year (-€329,524) and Tax, wage and social debts (-€193,329)
- Receivables within one year +€329,524
up €329,524 (+35.2%), from €936,204 to €1.3m
of which Other amounts receivable: +€331,352
- Tax, wage and social debts -€193,329
down €193,329 (-69.5%), from €278,316 to €84,988
- Trade debts -€43,736
down €43,736 (-58.3%), from €74,997 to €31,262
- Profit (loss) carried forward -€18,011
down €18,011 (-1.3%), from €1.4m to €1.3m
- Gross operating margin -€952,099
down €952,099, from €934,052 to -€18,047
- Taxes -€210,517
down €210,517, from €206,438 to -€4,079
- Staff costs -€88,244
no longer reported in 2025 (was €88,244)
- Financial charges -€25,972
down €25,972 (-89.3%), from €29,069 to €3,097
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 | €1,726,471 | €1,471,669 | -€254,802 | -14.8% |
| Fixed assets | 21/28 | €63,984 | €54,767 | -€9,216 | -14.4% |
| Tangible fixed assets | 22/27 | €61,284 | €54,767 | -€6,516 | -10.6% |
| Land and buildings | 22 | €55,353 | €52,212 | -€3,140 | -5.7% |
| Plant, machinery and equipment | 23 | €2,178 | €1,325 | -€853 | -39.2% |
| Furniture and vehicles | 24 | €3,753 | €1,230 | -€2,523 | -67.2% |
| Financial fixed assets | 28 | €2,700 | - | -€2,700 | |
| Current assets | 29/58 | €1,662,488 | €1,416,902 | -€245,586 | -14.8% |
| Amounts receivable within one year | 40/41 | €936,204 | €1,265,728 | +€329,524 | +35.2% |
| Trade receivables | 40 | €73,288 | €71,460 | -€1,828 | -2.5% |
| Other amounts receivable | 41 | €862,916 | €1,194,268 | +€331,352 | +38.4% |
| Cash at bank and in hand | 54/58 | €722,203 | €146,549 | -€575,653 | -79.7% |
| Deferred charges and accrued income | 490/1 | €4,081 | €4,624 | +€543 | +13.3% |
| Total equity and liabilities | 10/49 | €1,726,471 | €1,471,669 | -€254,802 | -14.8% |
| Equity | 10/15 | €1,371,820 | €1,353,809 | -€18,011 | -1.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,351,360 | €1,333,349 | -€18,011 | -1.3% |
| Amounts payable | 17/49 | €354,651 | €117,861 | -€236,791 | -66.8% |
| Amounts payable within one year | 42/48 | €354,651 | €117,108 | -€237,544 | -67.0% |
| Trade debts | 44 | €74,997 | €31,262 | -€43,736 | -58.3% |
| Suppliers | 440/4 | €74,997 | €31,262 | -€43,736 | -58.3% |
| Taxes, remuneration and social security | 45 | €278,316 | €84,988 | -€193,329 | -69.5% |
| Taxes | 450/3 | €278,316 | €84,988 | -€193,329 | -69.5% |
| Other amounts payable | 47/48 | €1,338 | €858 | -€480 | -35.9% |
| Accrued charges and deferred income | 492/3 | - | €753 | +€753 | |
| Remuneration, social security and pensions | 62 | €88,244 | - | -€88,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,796 | €6,516 | -€1,280 | -16.4% |
| Other operating charges | 640/8 | €2,117 | - | -€2,117 | |
| Gross operating margin | 9900 | €934,052 | -€18,047 | -€952,099 | |
| Operating profit (loss) | 9901 | €835,895 | -€24,564 | -€860,458 | |
| Financial income | 75/76B | €485 | €5,570 | +€5,084 | +1,047% |
| Recurring financial income | 75 | €485 | €5,570 | +€5,084 | +1,047% |
| Financial charges | 65/66B | €29,069 | €3,097 | -€25,972 | -89.3% |
| Recurring financial charges | 65 | €29,069 | €3,097 | -€25,972 | -89.3% |
| Profit (loss) for the period before taxes | 9903 | €807,311 | -€22,091 | -€829,402 | |
| Income taxes | 67/77 | €206,438 | -€4,079 | -€210,517 | |
| Profit (loss) for the period | 9904 | €600,873 | -€18,011 | -€618,885 | |
| Profit (loss) for the period to be appropriated | 9905 | €600,873 | -€18,011 | -€618,885 |
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.