ChaS: 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.
ChaS
Largest movements
- Cash -€6,571
down €6,571 (-47.9%), from €13,720 to €7,149
mainly Investment in fixed assets (net) (-€6,920) and Tax, wage and social debts (-€3,907)
- Tangible fixed assets +€6,314
up €6,314 (+690.4%), from €915 to €7,229
of which Furniture and vehicles: +€4,388
- Other debts +€4,675
up €4,675 (+226.5%), from €2,064 to €6,738
- Tax, wage and social debts -€3,907
down €3,907 (-79.3%), from €4,925 to €1,018
- Profit (loss) carried forward -€2,178
down €2,178 (-27.0%), from €8,064 to €5,886
- Trade debts +€1,167
up €1,167 (+54.0%), from €2,164 to €3,331
- Gross operating margin -€13,594
down €13,594, from €13,284 to -€310
- Taxes -€2,960
down €2,960 (-77.1%), from €3,839 to €879
- Other operating charges -€316
down €316 (-56.4%), from €559 to €244
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 | €19,716 | €19,473 | -€243 | -1.2% |
| Fixed assets | 21/28 | €915 | €7,229 | +€6,314 | +690.4% |
| Tangible fixed assets | 22/27 | €915 | €7,229 | +€6,314 | +690.4% |
| Furniture and vehicles | 24 | €915 | €5,303 | +€4,388 | +479.8% |
| Other tangible fixed assets | 26 | - | €1,926 | +€1,926 | |
| Current assets | 29/58 | €18,802 | €12,244 | -€6,558 | -34.9% |
| Amounts receivable within one year | 40/41 | €5,082 | €5,095 | +€13 | +0.3% |
| Trade receivables | 40 | €5,082 | €5,082 | = | 0.0% |
| Other amounts receivable | 41 | - | €13 | +€13 | |
| Cash at bank and in hand | 54/58 | €13,720 | €7,149 | -€6,571 | -47.9% |
| Total equity and liabilities | 10/49 | €19,716 | €19,473 | -€243 | -1.2% |
| Equity | 10/15 | €10,564 | €8,386 | -€2,178 | -20.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,064 | €5,886 | -€2,178 | -27.0% |
| Amounts payable | 17/49 | €9,152 | €11,087 | +€1,935 | +21.1% |
| Amounts payable within one year | 42/48 | €9,152 | €11,087 | +€1,935 | +21.1% |
| Trade debts | 44 | €2,164 | €3,331 | +€1,167 | +54.0% |
| Suppliers | 440/4 | €2,164 | €3,331 | +€1,167 | +54.0% |
| Taxes, remuneration and social security | 45 | €4,925 | €1,018 | -€3,907 | -79.3% |
| Taxes | 450/3 | €4,925 | €1,018 | -€3,907 | -79.3% |
| Other amounts payable | 47/48 | €2,064 | €6,738 | +€4,675 | +226.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €564 | €606 | +€42 | +7.4% |
| Other operating charges | 640/8 | €559 | €244 | -€316 | -56.4% |
| Gross operating margin | 9900 | €13,284 | -€310 | -€13,594 | |
| Operating profit (loss) | 9901 | €12,160 | -€1,160 | -€13,319 | |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €256 | €149 | -€107 | -41.9% |
| Recurring financial charges | 65 | €256 | €149 | -€107 | -41.9% |
| Profit (loss) for the period before taxes | 9903 | €11,903 | -€1,299 | -€13,202 | |
| Income taxes | 67/77 | €3,839 | €879 | -€2,960 | -77.1% |
| Profit (loss) for the period | 9904 | €8,064 | -€2,178 | -€10,242 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,064 | -€2,178 | -€10,242 |
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 30 September 2026 via checked.be.