CHARDIN MAX: 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.
CHARDIN MAX
Largest movements
- Cash -€6,956
down €6,956 (-38.8%), from €17,907 to €10,951
mainly Net result for the year (-€14,043) and Receivables within one year (-€4,759)
- Tangible fixed assets -€5,288
down €5,288 (-10.2%), from €51,915 to €46,627
of which Furniture and vehicles: -€3,234
- Receivables within one year +€4,759
up €4,759 (+67.8%), from €7,022 to €11,781
of which Trade receivables: +€6,633
- Intangible fixed assets -€3,750
down €3,750 (-17.4%), from €21,555 to €17,805
- Profit (loss) carried forward -€14,043
down €14,043 (-56.3%), from €24,930 to €10,887
- Tax, wage and social debts +€1,658
up €1,658 (+24.9%), from €6,647 to €8,306
of which Remuneration and social security: +€1,658
- Other debts +€1,631
up €1,631 (+3.1%), from €51,871 to €53,503
- Gross operating margin -€30,369
down €30,369 (-36.0%), from €84,292 to €53,923
- Staff costs +€4,268
up €4,268 (+8.6%), from €49,498 to €53,766
- Financial income -€2,681
down €2,681 (-99.9%), from €2,683 to €2
- Taxes -€2,043
no longer reported in 2025 (was €2,043)
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 | €102,187 | €91,817 | -€10,370 | -10.1% |
| Fixed assets | 21/28 | €73,470 | €64,432 | -€9,038 | -12.3% |
| Intangible fixed assets | 21 | €21,555 | €17,805 | -€3,750 | -17.4% |
| Tangible fixed assets | 22/27 | €51,915 | €46,627 | -€5,288 | -10.2% |
| Furniture and vehicles | 24 | €8,483 | €5,249 | -€3,234 | -38.1% |
| Other tangible fixed assets | 26 | €43,432 | €41,378 | -€2,055 | -4.7% |
| Current assets | 29/58 | €28,717 | €27,385 | -€1,332 | -4.6% |
| Stocks and contracts in progress | 3 | €2,887 | €3,751 | +€863 | +29.9% |
| Stocks | 30/36 | €2,887 | €3,751 | +€863 | +29.9% |
| Amounts receivable within one year | 40/41 | €7,022 | €11,781 | +€4,759 | +67.8% |
| Trade receivables | 40 | €4,989 | €11,622 | +€6,633 | +133% |
| Other amounts receivable | 41 | €2,033 | €159 | -€1,873 | -92.2% |
| Cash at bank and in hand | 54/58 | €17,907 | €10,951 | -€6,956 | -38.8% |
| Deferred charges and accrued income | 490/1 | €901 | €902 | +€1 | +0.1% |
| Total equity and liabilities | 10/49 | €102,187 | €91,817 | -€10,370 | -10.1% |
| Equity | 10/15 | €28,930 | €14,887 | -€14,043 | -48.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,930 | €10,887 | -€14,043 | -56.3% |
| Amounts payable | 17/49 | €73,257 | €76,929 | +€3,672 | +5.0% |
| Amounts payable within one year | 42/48 | €73,257 | €76,929 | +€3,672 | +5.0% |
| Trade debts | 44 | €14,738 | €15,121 | +€383 | +2.6% |
| Suppliers | 440/4 | €14,738 | €15,121 | +€383 | +2.6% |
| Taxes, remuneration and social security | 45 | €6,647 | €8,306 | +€1,658 | +24.9% |
| Taxes | 450/3 | €2,043 | €2,043 | = | 0.0% |
| Remuneration and social security | 454/9 | €4,604 | €6,262 | +€1,658 | +36.0% |
| Other amounts payable | 47/48 | €51,871 | €53,503 | +€1,631 | +3.1% |
| Remuneration, social security and pensions | 62 | €49,498 | €53,766 | +€4,268 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,295 | €12,665 | +€370 | +3.0% |
| Other operating charges | 640/8 | €1,036 | €1,468 | +€432 | +41.7% |
| Gross operating margin | 9900 | €84,292 | €53,923 | -€30,369 | -36.0% |
| Operating profit (loss) | 9901 | €21,463 | -€13,977 | -€35,439 | |
| Financial income | 75/76B | €2,683 | €2 | -€2,681 | -99.9% |
| Recurring financial income | 75 | €2,683 | €2 | -€2,681 | -99.9% |
| Financial charges | 65/66B | €111 | €68 | -€43 | -39.0% |
| Recurring financial charges | 65 | €111 | €68 | -€43 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €24,035 | -€14,043 | -€38,077 | |
| Income taxes | 67/77 | €2,043 | - | -€2,043 | |
| Profit (loss) for the period | 9904 | €21,991 | -€14,043 | -€36,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,991 | -€14,043 | -€36,034 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.