CHANNOURI: 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.
CHANNOURI
Largest movements
- Tangible fixed assets +€84,661
up €84,661 (+1278.3%), from €6,623 to €91,284
of which Other tangible fixed assets: +€80,776
- Cash -€13,874
down €13,874 (-96.5%), from €14,382 to €508
mainly Investment in fixed assets (net) (-€88,351) and Other debts (-€3,702)
- Accrued charges and deferred income +€50,000
new in 2025: €50,000
- Trade debts +€10,223
up €10,223 (+833.2%), from €1,227 to €11,450
- Tax, wage and social debts +€9,808
up €9,808 (+90.7%), from €10,815 to €20,623
of which Remuneration and social security: +€9,425
- Reserves +€4,457
up €4,457 (+13.1%), from €34,013 to €38,470
of which Distributable reserves: +€4,457
- Other debts -€3,702
down €3,702 (-28.8%), from €12,848 to €9,146
- Gross operating margin -€26,486
down €26,486 (-33.9%), from €78,235 to €51,749
- Taxes -€8,413
down €8,413 (-90.6%), from €9,282 to €869
- Other operating charges -€7,429
down €7,429 (-89.9%), from €8,266 to €837
- Staff costs -€2,848
down €2,848 (-6.4%), from €44,424 to €41,576
- Financial charges -€2,384
down €2,384 (-88.2%), from €2,704 to €320
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 | €151,524 | €222,310 | +€70,786 | +46.7% |
| Fixed assets | 21/28 | €9,713 | €94,374 | +€84,661 | +871.6% |
| Tangible fixed assets | 22/27 | €6,623 | €91,284 | +€84,661 | +1278.3% |
| Plant, machinery and equipment | 23 | €1,670 | €5,634 | +€3,964 | +237.4% |
| Furniture and vehicles | 24 | €375 | €296 | -€79 | -21.1% |
| Other tangible fixed assets | 26 | €4,578 | €85,354 | +€80,776 | +1764.4% |
| Financial fixed assets | 28 | €3,090 | €3,090 | = | 0.0% |
| Current assets | 29/58 | €141,811 | €127,936 | -€13,875 | -9.8% |
| Amounts receivable after more than one year | 29 | €126,632 | €126,632 | = | 0.0% |
| Other amounts receivable | 291 | €126,632 | €126,632 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,382 | €508 | -€13,874 | -96.5% |
| Deferred charges and accrued income | 490/1 | €797 | €796 | -€1 | -0.1% |
| Total equity and liabilities | 10/49 | €151,524 | €222,310 | +€70,786 | +46.7% |
| Equity | 10/15 | €126,634 | €131,091 | +€4,457 | +3.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €34,013 | €38,470 | +€4,457 | +13.1% |
| 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 | €32,153 | €36,610 | +€4,457 | +13.9% |
| Profit (loss) carried forward | 14 | €80,121 | €80,121 | = | 0.0% |
| Amounts payable | 17/49 | €24,890 | €91,219 | +€66,329 | +266.5% |
| Amounts payable within one year | 42/48 | €24,890 | €41,219 | +€16,329 | +65.6% |
| Trade debts | 44 | €1,227 | €11,450 | +€10,223 | +833.2% |
| Suppliers | 440/4 | €1,227 | €11,450 | +€10,223 | +833.2% |
| Taxes, remuneration and social security | 45 | €10,815 | €20,623 | +€9,808 | +90.7% |
| Taxes | 450/3 | €6,294 | €6,677 | +€383 | +6.1% |
| Remuneration and social security | 454/9 | €4,521 | €13,946 | +€9,425 | +208.5% |
| Other amounts payable | 47/48 | €12,848 | €9,146 | -€3,702 | -28.8% |
| Accrued charges and deferred income | 492/3 | - | €50,000 | +€50,000 | |
| Remuneration, social security and pensions | 62 | €44,424 | €41,576 | -€2,848 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,114 | €3,690 | +€576 | +18.5% |
| Other operating charges | 640/8 | €8,266 | €837 | -€7,429 | -89.9% |
| Gross operating margin | 9900 | €78,235 | €51,749 | -€26,486 | -33.9% |
| Operating profit (loss) | 9901 | €22,431 | €5,646 | -€16,785 | -74.8% |
| Financial charges | 65/66B | €2,704 | €320 | -€2,384 | -88.2% |
| Recurring financial charges | 65 | €2,704 | €320 | -€2,384 | -88.2% |
| Profit (loss) for the period before taxes | 9903 | €19,727 | €5,326 | -€14,401 | -73.0% |
| Income taxes | 67/77 | €9,282 | €869 | -€8,413 | -90.6% |
| Profit (loss) for the period | 9904 | €10,445 | €4,457 | -€5,988 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,445 | €4,457 | -€5,988 | -57.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.