CHANO: 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.
CHANO
Largest movements
- Cash -€6,894
down €6,894 (-46.0%), from €14,973 to €8,080
mainly Net result for the year (-€13,741) and Receivables within one year (-€1,097)
- Tangible fixed assets -€1,997
down €1,997 (-49.2%), from €4,063 to €2,066
of which Land and buildings: -€1,031
- Receivables within one year +€1,097
up €1,097 (+12.0%), from €9,114 to €10,211
of which Trade receivables: +€1,478
- Deferred charges and accrued income -€415
no longer reported in 2025 (was €415)
- Profit (loss) carried forward -€13,741
down €13,741 (-37.9%), from -€36,296 to -€50,036
- Other debts +€4,299
up €4,299 (+481.0%), from €894 to €5,192
- Trade debts +€2,254
up €2,254 (+45.1%), from €4,999 to €7,253
- Tax, wage and social debts -€1,020
down €1,020 (-90.7%), from €1,124 to €104
of which Remuneration and social security: -€1,020
- Gross operating margin -€17,570
down €17,570, from €8,345 to -€9,225
- Depreciation -€673
down €673 (-19.1%), from €3,530 to €2,857
- Other operating charges -€252
down €252 (-13.8%), from €1,830 to €1,578
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 | €30,666 | €22,457 | -€8,208 | -26.8% |
| Fixed assets | 21/28 | €4,063 | €2,066 | -€1,997 | -49.2% |
| Tangible fixed assets | 22/27 | €4,063 | €2,066 | -€1,997 | -49.2% |
| Land and buildings | 22 | €1,387 | €356 | -€1,031 | -74.3% |
| Plant, machinery and equipment | 23 | €1,793 | €1,499 | -€294 | -16.4% |
| Furniture and vehicles | 24 | €883 | €211 | -€672 | -76.1% |
| Current assets | 29/58 | €26,603 | €20,392 | -€6,212 | -23.3% |
| Stocks and contracts in progress | 3 | €2,101 | €2,101 | = | 0.0% |
| Stocks | 30/36 | €2,101 | €2,101 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €9,114 | €10,211 | +€1,097 | +12.0% |
| Trade receivables | 40 | €4,964 | €6,442 | +€1,478 | +29.8% |
| Other amounts receivable | 41 | €4,150 | €3,769 | -€381 | -9.2% |
| Cash at bank and in hand | 54/58 | €14,973 | €8,080 | -€6,894 | -46.0% |
| Deferred charges and accrued income | 490/1 | €415 | - | -€415 | |
| Total equity and liabilities | 10/49 | €30,666 | €22,457 | -€8,208 | -26.8% |
| Equity | 10/15 | €23,649 | €9,908 | -€13,741 | -58.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,344 | €41,344 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,634 | €15,634 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,634 | €15,634 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €22,710 | €22,710 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,296 | -€50,036 | -€13,741 | -37.9% |
| Amounts payable | 17/49 | €7,017 | €12,550 | +€5,532 | +78.8% |
| Amounts payable within one year | 42/48 | €7,017 | €12,550 | +€5,532 | +78.8% |
| Trade debts | 44 | €4,999 | €7,253 | +€2,254 | +45.1% |
| Suppliers | 440/4 | €4,999 | €7,253 | +€2,254 | +45.1% |
| Taxes, remuneration and social security | 45 | €1,124 | €104 | -€1,020 | -90.7% |
| Taxes | 450/3 | €71 | €71 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,053 | €33 | -€1,020 | -96.8% |
| Other amounts payable | 47/48 | €894 | €5,192 | +€4,299 | +481.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,530 | €2,857 | -€673 | -19.1% |
| Other operating charges | 640/8 | €1,830 | €1,578 | -€252 | -13.8% |
| Non-recurring operating charges | 66A | €2,670 | - | -€2,670 | |
| Gross operating margin | 9900 | €8,345 | -€9,225 | -€17,570 | |
| Operating profit (loss) | 9901 | €315 | -€13,660 | -€13,975 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €61 | €81 | +€20 | +32.2% |
| Recurring financial charges | 65 | €61 | €81 | +€20 | +32.2% |
| Profit (loss) for the period before taxes | 9903 | €253 | -€13,741 | -€13,994 | |
| Income taxes | 67/77 | €71 | - | -€71 | |
| Profit (loss) for the period | 9904 | €183 | -€13,741 | -€13,923 | |
| Profit (loss) for the period to be appropriated | 9905 | €183 | -€13,741 | -€13,923 |
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 6 October 2026 via checked.be.