CHANTIERS: 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.
CHANTIERS
Largest movements
- Receivables within one year +€388,518
up €388,518 (+4.8%), from €8.1m to €8.5m
of which Other amounts receivable: +€396,735
- Advances received +€675,000
up €675,000 (+3.8%), from €17.6m to €18.2m
- Profit (loss) carried forward -€304,587
down €304,587 (-2635.1%), from -€11,559 to -€316,146
- Gross operating margin -€399,436
down €399,436 (-93.4%), from €427,572 to €28,137
- Financial charges +€68,522
up €68,522 (+26.8%), from €255,785 to €324,307
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 | €24,505,323 | €24,893,368 | +€388,045 | +1.6% |
| Fixed assets | 21/28 | €245,000 | €245,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €245,000 | €245,000 | = | 0.0% |
| Land and buildings | 22 | €245,000 | €245,000 | = | 0.0% |
| Current assets | 29/58 | €24,260,323 | €24,648,368 | +€388,045 | +1.6% |
| Stocks and contracts in progress | 3 | €16,136,807 | €16,136,807 | = | 0.0% |
| Stocks | 30/36 | €16,136,807 | €16,136,807 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €8,123,043 | €8,511,561 | +€388,518 | +4.8% |
| Trade receivables | 40 | €10,123 | €1,906 | -€8,217 | -81.2% |
| Other amounts receivable | 41 | €8,112,920 | €8,509,655 | +€396,735 | +4.9% |
| Cash at bank and in hand | 54/58 | €473 | - | -€473 | |
| Total equity and liabilities | 10/49 | €24,505,323 | €24,893,368 | +€388,045 | +1.6% |
| Equity | 10/15 | €56,091 | -€248,496 | -€304,587 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,559 | -€316,146 | -€304,587 | -2635.1% |
| Amounts payable | 17/49 | €24,449,232 | €25,141,864 | +€692,632 | +2.8% |
| Amounts payable within one year | 42/48 | €23,720,380 | €24,413,012 | +€692,632 | +2.9% |
| Financial debts | 43 | €4,600,000 | €4,603,028 | +€3,028 | +0.1% |
| Credit institutions | 430/8 | €4,600,000 | €4,600,000 | = | 0.0% |
| Other loans | 439 | - | €3,028 | +€3,028 | |
| Trade debts | 44 | €1,546,474 | €1,563,259 | +€16,785 | +1.1% |
| Suppliers | 440/4 | €1,546,474 | €1,563,259 | +€16,785 | +1.1% |
| Advances received on contracts in progress | 46 | €17,571,725 | €18,246,725 | +€675,000 | +3.8% |
| Taxes, remuneration and social security | 45 | €2,180 | - | -€2,180 | |
| Taxes | 450/3 | €2,180 | - | -€2,180 | |
| Accrued charges and deferred income | 492/3 | €728,852 | €728,852 | = | 0.0% |
| Other operating charges | 640/8 | €9,737 | €8,417 | -€1,320 | -13.6% |
| Gross operating margin | 9900 | €427,572 | €28,137 | -€399,436 | -93.4% |
| Operating profit (loss) | 9901 | €417,835 | €19,719 | -€398,116 | -95.3% |
| Financial charges | 65/66B | €255,785 | €324,307 | +€68,522 | +26.8% |
| Recurring financial charges | 65 | €255,785 | €324,307 | +€68,522 | +26.8% |
| Profit (loss) for the period before taxes | 9903 | €162,050 | -€304,587 | -€466,637 | |
| Profit (loss) for the period | 9904 | €162,050 | -€304,587 | -€466,637 | |
| Profit (loss) for the period to be appropriated | 9905 | €162,050 | -€304,587 | -€466,637 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.