Chapelle 16: what changed
Chapelle 16
Largest movements
- Receivables within one year +€67,470
up €67,470 (+679%), from €9,930 to €77,400
of which Trade receivables: +€77,165
- Cash -€50,298
down €50,298 (-59.3%), from €84,754 to €34,456
mainly Receivables within one year (-€67,470) and Debts after one year (-€30,076)
- Tangible fixed assets +€22,003
up €22,003 (+96.2%), from €22,861 to €44,864
of which Furniture and vehicles: +€21,501
- Stocks and contracts -€10,687
down €10,687 (-51.1%), from €20,904 to €10,217
- Intangible fixed assets -€9,286
down €9,286 (-17.4%), from €53,393 to €44,107
- Debts after one year -€30,076
down €30,076 (-57.4%), from €52,378 to €22,302
- Other debts +€23,602
new in 2025: €23,602
- Trade debts +€15,979
up €15,979 (+27.3%), from €58,520 to €74,499
- Tax, wage and social debts +€5,015
up €5,015 (+66.9%), from €7,495 to €12,510
of which Taxes: +€3,140
- Reserves +€3,974
up €3,974 (+32.0%), from €12,401 to €16,375
- Staff costs +€11,743
up €11,743 (+19,876%), from €59 to €11,802
- Gross operating margin +€4,215
up €4,215 (+11.9%), from €35,399 to €39,614
- Taxes -€2,486
down €2,486 (-56.7%), from €4,388 to €1,901
- Depreciation +€1,804
up €1,804 (+12.3%), from €14,677 to €16,481
- Financial charges +€894
up €894 (+32.5%), from €2,755 to €3,650
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €194,342 | €214,363 | +€20,021 | +10.3% |
| Fixed assets | 21/28 | €78,754 | €91,471 | +€12,717 | +16.1% |
| Intangible fixed assets | 21 | €53,393 | €44,107 | -€9,286 | -17.4% |
| Tangible fixed assets | 22/27 | €22,861 | €44,864 | +€22,003 | +96.2% |
| Plant, machinery and equipment | 23 | €12,377 | €12,897 | +€521 | +4.2% |
| Furniture and vehicles | 24 | - | €21,501 | +€21,501 | |
| Other tangible fixed assets | 26 | €10,485 | €10,466 | -€19 | -0.2% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €115,588 | €122,892 | +€7,304 | +6.3% |
| Stocks and contracts in progress | 3 | €20,904 | €10,217 | -€10,687 | -51.1% |
| Stocks | 30/36 | €20,904 | €10,217 | -€10,687 | -51.1% |
| Amounts receivable within one year | 40/41 | €9,930 | €77,400 | +€67,470 | +679% |
| Trade receivables | 40 | - | €77,165 | +€77,165 | |
| Other amounts receivable | 41 | €9,930 | €235 | -€9,696 | -97.6% |
| Cash at bank and in hand | 54/58 | €84,754 | €34,456 | -€50,298 | -59.3% |
| Deferred charges and accrued income | 490/1 | - | €819 | +€819 | |
| Total equity and liabilities | 10/49 | €194,342 | €214,363 | +€20,021 | +10.3% |
| Equity | 10/15 | €47,401 | €51,375 | +€3,974 | +8.4% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €12,401 | €16,375 | +€3,974 | +32.0% |
| Distributable reserves | 133 | €12,401 | €16,375 | +€3,974 | +32.0% |
| Amounts payable | 17/49 | €146,941 | €162,988 | +€16,047 | +10.9% |
| Amounts payable after more than one year | 17 | €52,378 | €22,302 | -€30,076 | -57.4% |
| Financial debts | 170/4 | €52,378 | €22,302 | -€30,076 | -57.4% |
| Amounts payable within one year | 42/48 | €94,564 | €140,687 | +€46,123 | +48.8% |
| Current portion of amounts payable after more than one year | 42 | €28,548 | €30,076 | +€1,528 | +5.4% |
| Trade debts | 44 | €58,520 | €74,499 | +€15,979 | +27.3% |
| Suppliers | 440/4 | €58,520 | €74,499 | +€15,979 | +27.3% |
| Taxes, remuneration and social security | 45 | €7,495 | €12,510 | +€5,015 | +66.9% |
| Taxes | 450/3 | €7,495 | €10,636 | +€3,140 | +41.9% |
| Remuneration and social security | 454/9 | - | €1,874 | +€1,874 | |
| Other amounts payable | 47/48 | - | €23,602 | +€23,602 | |
| Remuneration, social security and pensions | 62 | €59 | €11,802 | +€11,743 | +19,876% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,677 | €16,481 | +€1,804 | +12.3% |
| Other operating charges | 640/8 | €1,119 | €1,980 | +€861 | +76.9% |
| Gross operating margin | 9900 | €35,399 | €39,614 | +€4,215 | +11.9% |
| Operating profit (loss) | 9901 | €19,544 | €9,351 | -€10,193 | -52.2% |
| Financial income | 75/76B | €0 | €174 | +€174 | +435,650% |
| Recurring financial income | 75 | €0 | €174 | +€174 | +435,650% |
| Financial charges | 65/66B | €2,755 | €3,650 | +€894 | +32.5% |
| Recurring financial charges | 65 | €2,755 | €3,650 | +€894 | +32.5% |
| Profit (loss) for the period before taxes | 9903 | €16,788 | €5,875 | -€10,913 | -65.0% |
| Income taxes | 67/77 | €4,388 | €1,901 | -€2,486 | -56.7% |
| Profit (loss) for the period | 9904 | €12,401 | €3,974 | -€8,427 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,401 | €3,974 | -€8,427 | -68.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.