CHAPALIS: 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.
CHAPALIS
Largest movements
- Cash +€44,895
up €44,895 (+27.8%), from €161,723 to €206,618
mainly Depreciation (+€25,111) and Receivables within one year (+€17,919)
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin +€49,436
up €49,436, from -€5,091 to €44,345
- Depreciation +€25,111
new in 2025: €25,111
- Taxes +€13,282
up €13,282 (+1,220%), from €1,089 to €14,371
- Other operating charges +€5,720
new in 2025: €5,720
- Financial income +€1,610
up €1,610 (+138%), from €1,166 to €2,776
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 | €4,413,972 | €4,415,837 | +€1,865 | 0.0% |
| Fixed assets | 21/28 | €4,230,347 | €4,205,235 | -€25,111 | -0.6% |
| Tangible fixed assets | 22/27 | €686,599 | €661,487 | -€25,111 | -3.7% |
| Land and buildings | 22 | €686,599 | €661,487 | -€25,111 | -3.7% |
| Financial fixed assets | 28 | €3,543,748 | €3,543,748 | = | 0.0% |
| Current assets | 29/58 | €183,626 | €210,602 | +€26,976 | +14.7% |
| Amounts receivable within one year | 40/41 | €21,903 | €3,984 | -€17,919 | -81.8% |
| Other amounts receivable | 41 | €21,903 | €3,984 | -€17,919 | -81.8% |
| Cash at bank and in hand | 54/58 | €161,723 | €206,618 | +€44,895 | +27.8% |
| Total equity and liabilities | 10/49 | €4,413,972 | €4,415,837 | +€1,865 | 0.0% |
| Equity | 10/15 | €4,410,998 | €4,412,246 | +€1,248 | 0.0% |
| Contributions | 10/11 | €1,503,225 | €1,503,225 | = | 0.0% |
| Capital | 10 | €1,503,225 | €1,503,225 | = | 0.0% |
| Issued capital | 100 | €1,503,225 | €1,503,225 | = | 0.0% |
| Reserves | 13 | €153,436 | €154,683 | +€1,248 | +0.8% |
| Non-distributable reserves | 130/1 | €145,236 | €146,483 | +€1,248 | +0.9% |
| Legal reserve | 130 | €145,236 | €146,483 | +€1,248 | +0.9% |
| Distributable reserves | 133 | €8,200 | €8,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,754,338 | €2,754,338 | = | 0.0% |
| Amounts payable | 17/49 | €2,974 | €3,591 | +€617 | +20.7% |
| Amounts payable within one year | 42/48 | €2,974 | €3,591 | +€617 | +20.7% |
| Trade debts | 44 | €967 | €1,112 | +€145 | +15.0% |
| Suppliers | 440/4 | €967 | €1,112 | +€145 | +15.0% |
| Taxes, remuneration and social security | 45 | €2,007 | €2,478 | +€472 | +23.5% |
| Taxes | 450/3 | €2,007 | €2,478 | +€472 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €25,111 | +€25,111 | |
| Other operating charges | 640/8 | - | €5,720 | +€5,720 | |
| Gross operating margin | 9900 | -€5,091 | €44,345 | +€49,436 | |
| Operating profit (loss) | 9901 | -€5,091 | €13,514 | +€18,604 | |
| Financial income | 75/76B | €1,166 | €2,776 | +€1,610 | +138% |
| Recurring financial income | 75 | €1,166 | €2,776 | +€1,610 | +138% |
| Financial charges | 65/66B | €157 | €671 | +€515 | +328% |
| Recurring financial charges | 65 | €157 | €671 | +€515 | +328% |
| Profit (loss) for the period before taxes | 9903 | -€4,082 | €15,618 | +€19,700 | |
| Income taxes | 67/77 | €1,089 | €14,371 | +€13,282 | +1,220% |
| Profit (loss) for the period | 9904 | -€5,171 | €1,248 | +€6,418 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,171 | €1,248 | +€6,418 |
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 24 October 2026 via checked.be.