CHAPE ART: 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.
CHAPE ART
Largest movements
- Tangible fixed assets +€73,075
up €73,075 (+325%), from €22,490 to €95,565
- Receivables within one year -€24,160
down €24,160 (-12.1%), from €198,864 to €174,705
of which Other amounts receivable: -€52,372
- Deferred charges and accrued income +€10,910
new in 2025: €10,910
- Debts after one year +€50,481
up €50,481 (+143%), from €35,317 to €85,798
- Trade debts +€31,018
up €31,018 (+74.4%), from €41,686 to €72,704
of which Suppliers: +€23,668
- Other debts -€28,000
down €28,000 (-52.8%), from €53,000 to €25,000
- Current portion of long-term debt +€22,467
up €22,467 (+120%), from €18,686 to €41,153
- Tax, wage and social debts -€11,020
down €11,020 (-79.5%), from €13,855 to €2,834
- Purchases and services +€84,047
up €84,047 (+25.7%), from €327,027 to €411,074
- Turnover +€57,500
up €57,500 (+13.3%), from €433,204 to €490,704
- Gross operating margin -€26,546
down €26,546 (-25.0%), from €106,176 to €79,630
- Depreciation +€4,993
up €4,993 (+17.9%), from €27,870 to €32,863
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 | €238,088 | €300,120 | +€62,032 | +26.1% |
| Fixed assets | 21/28 | €22,490 | €95,565 | +€73,075 | +325% |
| Tangible fixed assets | 22/27 | €22,490 | €95,565 | +€73,075 | +325% |
| Furniture and vehicles | 24 | €22,490 | €95,565 | +€73,075 | +325% |
| Current assets | 29/58 | €215,598 | €204,555 | -€11,044 | -5.1% |
| Amounts receivable within one year | 40/41 | €198,864 | €174,705 | -€24,160 | -12.1% |
| Trade receivables | 40 | €41,698 | €69,910 | +€28,212 | +67.7% |
| Other amounts receivable | 41 | €157,166 | €104,794 | -€52,372 | -33.3% |
| Cash at bank and in hand | 54/58 | €16,734 | €18,940 | +€2,206 | +13.2% |
| Deferred charges and accrued income | 490/1 | - | €10,910 | +€10,910 | |
| Total equity and liabilities | 10/49 | €238,088 | €300,120 | +€62,032 | +26.1% |
| Equity | 10/15 | €75,545 | €72,632 | -€2,914 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,728 | €46,860 | -€3,868 | -7.6% |
| 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 | €48,868 | €45,000 | -€3,868 | -7.9% |
| Profit (loss) carried forward | 14 | €6,218 | €7,172 | +€954 | +15.3% |
| Amounts payable | 17/49 | €162,543 | €227,488 | +€64,945 | +40.0% |
| Amounts payable after more than one year | 17 | €35,317 | €85,798 | +€50,481 | +143% |
| Financial debts | 170/4 | €35,317 | €85,798 | +€50,481 | +143% |
| Amounts payable within one year | 42/48 | €127,226 | €141,691 | +€14,464 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €18,686 | €41,153 | +€22,467 | +120% |
| Trade debts | 44 | €41,686 | €72,704 | +€31,018 | +74.4% |
| Suppliers | 440/4 | €41,026 | €64,694 | +€23,668 | +57.7% |
| Bills of exchange payable | 441 | €660 | €8,010 | +€7,350 | +1,114% |
| Taxes, remuneration and social security | 45 | €13,855 | €2,834 | -€11,020 | -79.5% |
| Taxes | 450/3 | €13,855 | €2,834 | -€11,020 | -79.5% |
| Other amounts payable | 47/48 | €53,000 | €25,000 | -€28,000 | -52.8% |
| Turnover | 70 | €433,204 | €490,704 | +€57,500 | +13.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €327,027 | €411,074 | +€84,047 | +25.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,870 | €32,863 | +€4,993 | +17.9% |
| Other operating charges | 640/8 | €5,208 | €9,103 | +€3,895 | +74.8% |
| Gross operating margin | 9900 | €106,176 | €79,630 | -€26,546 | -25.0% |
| Operating profit (loss) | 9901 | €73,098 | €37,664 | -€35,434 | -48.5% |
| Financial charges | 65/66B | €5,619 | €1,926 | -€3,693 | -65.7% |
| Recurring financial charges | 65 | €5,619 | €1,926 | -€3,693 | -65.7% |
| Profit (loss) for the period before taxes | 9903 | €67,479 | €35,738 | -€31,741 | -47.0% |
| Income taxes | 67/77 | €13,855 | €9,784 | -€4,070 | -29.4% |
| Profit (loss) for the period | 9904 | €53,625 | €25,954 | -€27,670 | -51.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,625 | €25,954 | -€27,670 | -51.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.