CHAPACO: 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.
CHAPACO
Largest movements
- Cash -€29,609
down €29,609 (-13.8%), from €215,217 to €185,607
mainly Receivables within one year (-€28,257) and Net result for the year (-€2,702)
- Receivables within one year +€28,257
up €28,257 (+59.2%), from €47,696 to €75,953
- Reserves -€2,702
down €2,702 (-1.1%), from €240,618 to €237,916
- Financial income -€2,840
down €2,840 (-46.7%), from €6,087 to €3,247
- Gross operating margin +€2,060
up €2,060 (+29.0%), from -€7,110 to -€5,050
- Other operating charges -€677
down €677 (-47.2%), from €1,433 to €756
- Financial charges -€630
down €630 (-81.5%), from €773 to €143
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 | €262,913 | €261,560 | -€1,353 | -0.5% |
| Current assets | 29/58 | €262,913 | €261,560 | -€1,353 | -0.5% |
| Amounts receivable within one year | 40/41 | €47,696 | €75,953 | +€28,257 | +59.2% |
| Other amounts receivable | 41 | €47,696 | €75,953 | +€28,257 | +59.2% |
| Cash at bank and in hand | 54/58 | €215,217 | €185,607 | -€29,609 | -13.8% |
| Total equity and liabilities | 10/49 | €262,913 | €261,560 | -€1,353 | -0.5% |
| Equity | 10/15 | €259,218 | €256,516 | -€2,702 | -1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €240,618 | €237,916 | -€2,702 | -1.1% |
| Distributable reserves | 133 | €240,618 | €237,916 | -€2,702 | -1.1% |
| Amounts payable | 17/49 | €3,694 | €5,044 | +€1,349 | +36.5% |
| Amounts payable within one year | 42/48 | €3,694 | €5,044 | +€1,349 | +36.5% |
| Trade debts | 44 | €2,382 | €3,732 | +€1,349 | +56.6% |
| Suppliers | 440/4 | €2,382 | €3,732 | +€1,349 | +56.6% |
| Taxes, remuneration and social security | 45 | €1,312 | €1,312 | = | 0.0% |
| Taxes | 450/3 | €1,312 | €1,312 | = | 0.0% |
| Other operating charges | 640/8 | €1,433 | €756 | -€677 | -47.2% |
| Gross operating margin | 9900 | -€7,110 | -€5,050 | +€2,060 | +29.0% |
| Operating profit (loss) | 9901 | -€8,543 | -€5,806 | +€2,737 | +32.0% |
| Financial income | 75/76B | €6,087 | €3,247 | -€2,840 | -46.7% |
| Recurring financial income | 75 | €6,087 | €3,247 | -€2,840 | -46.7% |
| Financial charges | 65/66B | €773 | €143 | -€630 | -81.5% |
| Recurring financial charges | 65 | €773 | €143 | -€630 | -81.5% |
| Profit (loss) for the period before taxes | 9903 | -€3,229 | -€2,702 | +€527 | +16.3% |
| Income taxes | 67/77 | €61 | - | -€61 | |
| Profit (loss) for the period | 9904 | -€3,290 | -€2,702 | +€588 | +17.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,290 | -€2,702 | +€588 | +17.9% |
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 13 October 2026 via checked.be.