CHAPELLES: what changed
Two fiscal 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.
CHAPELLES
Largest movements
- Receivables after one year -€134,559
down €134,559 (-81.2%), from €165,752 to €31,192
- Receivables within one year +€50,106
up €50,106 (+180.7%), from €27,727 to €77,833
of which Trade receivables: +€40,813
- Reserves -€149,474
down €149,474 (-100.0%), from €149,474 to €0
- Tax, wage and social debts +€40,331
up €40,331 (+111.0%), from €36,339 to €76,670
- Other debts +€24,808
up €24,808 (+620.2%), from €4,000 to €28,808
- Gross operating margin +€62,091
up €62,091 (+80.2%), from €77,449 to €139,539
- Taxes +€17,731
up €17,731 (+107.6%), from €16,478 to €34,209
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 | €196,586 | €111,601 | -€84,985 | -43.2% |
| Fixed assets | 21/28 | €2,984 | €2,341 | -€642 | -21.5% |
| Tangible fixed assets | 22/27 | €2,984 | €2,341 | -€642 | -21.5% |
| Furniture and vehicles | 24 | €346 | €0 | -€346 | -100.0% |
| Other tangible fixed assets | 26 | €2,637 | €2,341 | -€296 | -11.2% |
| Current assets | 29/58 | €193,603 | €109,260 | -€84,343 | -43.6% |
| Amounts receivable after more than one year | 29 | €165,752 | €31,192 | -€134,559 | -81.2% |
| Other amounts receivable | 291 | €165,752 | €31,192 | -€134,559 | -81.2% |
| Amounts receivable within one year | 40/41 | €27,727 | €77,833 | +€50,106 | +180.7% |
| Trade receivables | 40 | €27,720 | €68,533 | +€40,813 | +147.2% |
| Other amounts receivable | 41 | €7 | €9,300 | +€9,293 | +132947.2% |
| Cash at bank and in hand | 54/58 | €74 | €235 | +€161 | +217.6% |
| Deferred charges and accrued income | 490/1 | €50 | €0 | -€50 | -100.0% |
| Total equity and liabilities | 10/49 | €196,586 | €111,601 | -€84,985 | -43.2% |
| Equity | 10/15 | €154,474 | €5,000 | -€149,474 | -96.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €149,474 | €0 | -€149,474 | -100.0% |
| Distributable reserves | 133 | €149,474 | €0 | -€149,474 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €42,112 | €106,601 | +€64,489 | +153.1% |
| Amounts payable within one year | 42/48 | €42,112 | €106,601 | +€64,489 | +153.1% |
| Financial debts | 43 | €1,404 | €0 | -€1,404 | -100.0% |
| Credit institutions | 430/8 | €1,404 | €0 | -€1,404 | -100.0% |
| Trade debts | 44 | €369 | €1,123 | +€755 | +204.7% |
| Suppliers | 440/4 | €369 | €1,123 | +€755 | +204.7% |
| Taxes, remuneration and social security | 45 | €36,339 | €76,670 | +€40,331 | +111.0% |
| Taxes | 450/3 | €36,339 | €76,670 | +€40,331 | +111.0% |
| Other amounts payable | 47/48 | €4,000 | €28,808 | +€24,808 | +620.2% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €695 | €642 | -€52 | -7.6% |
| Other operating charges | 640/8 | €264 | €708 | +€444 | +168.1% |
| Gross operating margin | 9900 | €77,449 | €139,539 | +€62,091 | +80.2% |
| Operating profit (loss) | 9901 | €76,490 | €138,189 | +€61,699 | +80.7% |
| Financial income | 75/76B | €3,820 | €5,130 | +€1,310 | +34.3% |
| Recurring financial income | 75 | €3,820 | €5,130 | +€1,310 | +34.3% |
| Financial charges | 65/66B | €1,327 | €301 | -€1,026 | -77.3% |
| Recurring financial charges | 65 | €1,327 | €301 | -€1,026 | -77.3% |
| Profit (loss) for the period before taxes | 9903 | €78,983 | €143,017 | +€64,035 | +81.1% |
| Income taxes | 67/77 | €16,478 | €34,209 | +€17,731 | +107.6% |
| Profit (loss) for the period | 9904 | €62,504 | €108,808 | +€46,304 | +74.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,504 | €108,808 | +€46,304 | +74.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.