CHAPPS: 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.
CHAPPS
Largest movements
- Receivables within one year -€107,466
down €107,466 (-21.4%), from €502,478 to €395,012
of which Trade receivables: -€120,427
- Profit (loss) carried forward -€269,574
down €269,574 (-8.9%), from -€3.0m to -€3.3m
- Other debts +€264,560
up €264,560 (+9.6%), from €2.7m to €3.0m
- Trade debts -€140,944
down €140,944 (-28.3%), from €498,094 to €357,150
- Staff costs -€65,117
down €65,117 (-19.8%), from €328,569 to €263,452
- Gross operating margin +€42,878
up €42,878 (+320.6%), from €13,374 to €56,252
- Other operating charges +€31,324
up €31,324 (+113.5%), from €27,598 to €58,923
- Financial charges +€3,489
up €3,489, from -€1,994 to €1,495
- Financial income -€1,068
down €1,068 (-84.8%), from €1,259 to €191
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 | €6,432,336 | €6,248,871 | -€183,465 | -2.9% |
| Fixed assets | 21/28 | €5,902,417 | €5,853,858 | -€48,558 | -0.8% |
| Intangible fixed assets | 21 | €5,850,167 | €5,850,167 | = | 0.0% |
| Tangible fixed assets | 22/27 | €3,789 | €3,692 | -€97 | -2.6% |
| Plant, machinery and equipment | 23 | €3,685 | €2,629 | -€1,056 | -28.7% |
| Furniture and vehicles | 24 | €104 | €1,063 | +€959 | +924.6% |
| Financial fixed assets | 28 | €48,461 | - | -€48,461 | |
| Current assets | 29/58 | €529,919 | €395,012 | -€134,907 | -25.5% |
| Amounts receivable within one year | 40/41 | €502,478 | €395,012 | -€107,466 | -21.4% |
| Trade receivables | 40 | €499,828 | €379,402 | -€120,427 | -24.1% |
| Other amounts receivable | 41 | €2,650 | €15,611 | +€12,961 | +489.1% |
| Cash at bank and in hand | 54/58 | €18,422 | - | -€18,422 | |
| Deferred charges and accrued income | 490/1 | €9,019 | - | -€9,019 | |
| Total equity and liabilities | 10/49 | €6,432,336 | €6,248,871 | -€183,465 | -2.9% |
| Equity | 10/15 | €2,973,568 | €2,703,993 | -€269,574 | -9.1% |
| Contributions | 10/11 | €6,000,000 | €6,000,000 | = | 0.0% |
| Capital | 10 | €6,000,000 | €6,000,000 | = | 0.0% |
| Issued capital | 100 | €6,000,000 | €6,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,026,432 | -€3,296,007 | -€269,574 | -8.9% |
| Amounts payable | 17/49 | €3,458,768 | €3,544,877 | +€86,110 | +2.5% |
| Amounts payable after more than one year | 17 | €150,000 | €150,000 | = | 0.0% |
| Financial debts | 170/4 | €150,000 | €150,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €3,308,768 | €3,394,877 | +€86,110 | +2.6% |
| Trade debts | 44 | €498,094 | €357,150 | -€140,944 | -28.3% |
| Suppliers | 440/4 | €498,094 | €357,150 | -€140,944 | -28.3% |
| Taxes, remuneration and social security | 45 | €60,723 | €23,217 | -€37,506 | -61.8% |
| Taxes | 450/3 | €13,380 | €2,688 | -€10,692 | -79.9% |
| Remuneration and social security | 454/9 | €47,343 | €20,529 | -€26,814 | -56.6% |
| Other amounts payable | 47/48 | €2,749,950 | €3,014,510 | +€264,560 | +9.6% |
| Remuneration, social security and pensions | 62 | €328,569 | €263,452 | -€65,117 | -19.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,090 | €1,504 | -€585 | -28.0% |
| Other operating charges | 640/8 | €27,598 | €58,923 | +€31,324 | +113.5% |
| Gross operating margin | 9900 | €13,374 | €56,252 | +€42,878 | +320.6% |
| Operating profit (loss) | 9901 | -€344,883 | -€267,627 | +€77,256 | +22.4% |
| Financial income | 75/76B | €1,259 | €191 | -€1,068 | -84.8% |
| Recurring financial income | 75 | €1,259 | €191 | -€1,068 | -84.8% |
| Financial charges | 65/66B | -€1,994 | €1,495 | +€3,489 | |
| Recurring financial charges | 65 | -€1,994 | €1,495 | +€3,489 | |
| Profit (loss) for the period before taxes | 9903 | -€341,630 | -€268,931 | +€72,699 | +21.3% |
| Income taxes | 67/77 | €1,197 | €644 | -€553 | -46.2% |
| Profit (loss) for the period | 9904 | -€342,827 | -€269,574 | +€73,252 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€342,827 | -€269,574 | +€73,252 | +21.4% |
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 7 October 2026 via checked.be.