CHAPIST: 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.
CHAPIST
Largest movements
- Tangible fixed assets +€87,849
up €87,849 (+8.8%), from €999,832 to €1.1m
of which Land and buildings: +€56,439
- Receivables after one year +€72,917
up €72,917 (+1155.0%), from €6,313 to €79,231
- Receivables within one year +€24,726
up €24,726 (+11.0%), from €225,103 to €249,829
of which Trade receivables: +€86,773
- Reserves +€116,914
up €116,914 (+39.9%), from €293,163 to €410,077
of which Distributable reserves: +€116,914
- Trade debts +€76,037
up €76,037 (+79.8%), from €95,307 to €171,344
- Debts after one year -€39,806
down €39,806 (-6.1%), from €656,832 to €617,026
- Current portion of long-term debt +€33,145
up €33,145 (+23.6%), from €140,246 to €173,391
- Gross operating margin +€197,786
up €197,786 (+75.2%), from €262,893 to €460,679
- Depreciation +€49,450
up €49,450 (+76.9%), from €64,301 to €113,750
- Financial charges +€32,176
up €32,176 (+144.4%), from €22,284 to €54,460
- Taxes +€30,411
up €30,411 (+89.1%), from €34,114 to €64,525
- Staff costs +€29,251
up €29,251 (+37.8%), from €77,481 to €106,732
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 | €1,281,698 | €1,469,843 | +€188,145 | +14.7% |
| Fixed assets | 21/28 | €999,832 | €1,087,681 | +€87,849 | +8.8% |
| Tangible fixed assets | 22/27 | €999,832 | €1,087,681 | +€87,849 | +8.8% |
| Land and buildings | 22 | €517,922 | €574,361 | +€56,439 | +10.9% |
| Plant, machinery and equipment | 23 | €13,725 | €34,387 | +€20,663 | +150.6% |
| Furniture and vehicles | 24 | €101,289 | €89,794 | -€11,494 | -11.3% |
| Leasing and similar rights | 25 | €366,896 | €389,138 | +€22,242 | +6.1% |
| Current assets | 29/58 | €281,867 | €382,162 | +€100,296 | +35.6% |
| Amounts receivable after more than one year | 29 | €6,313 | €79,231 | +€72,917 | +1155.0% |
| Other amounts receivable | 291 | €6,313 | €79,231 | +€72,917 | +1155.0% |
| Stocks and contracts in progress | 3 | €20,450 | €20,000 | -€450 | -2.2% |
| Stocks | 30/36 | €20,450 | €20,000 | -€450 | -2.2% |
| Amounts receivable within one year | 40/41 | €225,103 | €249,829 | +€24,726 | +11.0% |
| Trade receivables | 40 | €137,463 | €224,236 | +€86,773 | +63.1% |
| Other amounts receivable | 41 | €87,641 | €25,593 | -€62,047 | -70.8% |
| Cash at bank and in hand | 54/58 | - | €3,103 | +€3,103 | |
| Deferred charges and accrued income | 490/1 | €30,000 | €30,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,281,698 | €1,469,843 | +€188,145 | +14.7% |
| Equity | 10/15 | €355,563 | €472,477 | +€116,914 | +32.9% |
| Contributions | 10/11 | €62,400 | €62,400 | = | 0.0% |
| Reserves | 13 | €293,163 | €410,077 | +€116,914 | +39.9% |
| Tax-exempt reserves | 132 | €84,200 | €84,200 | = | 0.0% |
| Distributable reserves | 133 | €208,963 | €325,877 | +€116,914 | +55.9% |
| Amounts payable | 17/49 | €926,135 | €997,367 | +€71,231 | +7.7% |
| Amounts payable after more than one year | 17 | €656,832 | €617,026 | -€39,806 | -6.1% |
| Financial debts | 170/4 | €656,832 | €617,026 | -€39,806 | -6.1% |
| Amounts payable within one year | 42/48 | €269,303 | €380,341 | +€111,038 | +41.2% |
| Current portion of amounts payable after more than one year | 42 | €140,246 | €173,391 | +€33,145 | +23.6% |
| Financial debts | 43 | €3,492 | - | -€3,492 | |
| Credit institutions | 430/8 | €3,492 | - | -€3,492 | |
| Trade debts | 44 | €95,307 | €171,344 | +€76,037 | +79.8% |
| Suppliers | 440/4 | €95,307 | €171,344 | +€76,037 | +79.8% |
| Taxes, remuneration and social security | 45 | €10,259 | €15,606 | +€5,347 | +52.1% |
| Taxes | 450/3 | €4,517 | €7,517 | +€3,000 | +66.4% |
| Remuneration and social security | 454/9 | €5,742 | €8,089 | +€2,347 | +40.9% |
| Other amounts payable | 47/48 | €20,000 | €20,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €77,481 | €106,732 | +€29,251 | +37.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,301 | €113,750 | +€49,450 | +76.9% |
| Other operating charges | 640/8 | €5,795 | €7,682 | +€1,887 | +32.6% |
| Gross operating margin | 9900 | €262,893 | €460,679 | +€197,786 | +75.2% |
| Operating profit (loss) | 9901 | €115,315 | €232,514 | +€117,199 | +101.6% |
| Financial income | 75/76B | €15,196 | €3,384 | -€11,811 | -77.7% |
| Recurring financial income | 75 | €15,196 | €3,384 | -€11,811 | -77.7% |
| Financial charges | 65/66B | €22,284 | €54,460 | +€32,176 | +144.4% |
| Recurring financial charges | 65 | €22,284 | €54,460 | +€32,176 | +144.4% |
| Profit (loss) for the period before taxes | 9903 | €108,227 | €181,439 | +€73,211 | +67.6% |
| Income taxes | 67/77 | €34,114 | €64,525 | +€30,411 | +89.1% |
| Profit (loss) for the period | 9904 | €74,113 | €116,914 | +€42,801 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €74,113 | €116,914 | +€42,801 | +57.8% |
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 8 October 2026 via checked.be.