ChaSal & Co: 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.
ChaSal & Co
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€89,523
up €89,523 (+21.1%), from €425,090 to €514,614
of which Distributable reserves: +€89,523
- Debts after one year -€69,537
down €69,537 (-26.6%), from €261,670 to €192,133
- Current portion of long-term debt -€9,557
down €9,557 (-12.1%), from €79,094 to €69,537
- Gross operating margin -€20,860
down €20,860 (-14.0%), from €149,177 to €128,317
- Taxes -€14,242
down €14,242 (-36.1%), from €39,435 to €25,193
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 | €826,146 | €832,108 | +€5,962 | +0.7% |
| Fixed assets | 21/28 | €786,000 | €786,000 | = | 0.0% |
| Financial fixed assets | 28 | €786,000 | €786,000 | = | 0.0% |
| Current assets | 29/58 | €40,146 | €46,108 | +€5,962 | +14.9% |
| Amounts receivable within one year | 40/41 | €0 | €5,838 | +€5,838 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | - | €5,838 | +€5,838 | |
| Cash at bank and in hand | 54/58 | €38,581 | €38,641 | +€59 | +0.2% |
| Deferred charges and accrued income | 490/1 | €1,564 | €1,630 | +€66 | +4.2% |
| Total equity and liabilities | 10/49 | €826,146 | €832,108 | +€5,962 | +0.7% |
| Equity | 10/15 | €443,690 | €533,214 | +€89,523 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €425,090 | €514,614 | +€89,523 | +21.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €423,230 | €512,754 | +€89,523 | +21.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €382,455 | €298,894 | -€83,561 | -21.8% |
| Amounts payable after more than one year | 17 | €261,670 | €192,133 | -€69,537 | -26.6% |
| Financial debts | 170/4 | €261,670 | €192,133 | -€69,537 | -26.6% |
| Amounts payable within one year | 42/48 | €116,409 | €102,261 | -€14,148 | -12.2% |
| Current portion of amounts payable after more than one year | 42 | €79,094 | €69,537 | -€9,557 | -12.1% |
| Financial debts | 43 | €5,000 | €4,167 | -€833 | -16.7% |
| Credit institutions | 430/8 | €5,000 | €4,167 | -€833 | -16.7% |
| Trade debts | 44 | €998 | €4,616 | +€3,618 | +363% |
| Suppliers | 440/4 | €998 | €4,616 | +€3,618 | +363% |
| Taxes, remuneration and social security | 45 | €30,050 | €23,109 | -€6,941 | -23.1% |
| Taxes | 450/3 | €30,050 | €23,109 | -€6,941 | -23.1% |
| Other amounts payable | 47/48 | €1,268 | €833 | -€435 | -34.3% |
| Accrued charges and deferred income | 492/3 | €4,376 | €4,500 | +€124 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €1,224 | €1,140 | -€85 | -6.9% |
| Gross operating margin | 9900 | €149,177 | €128,317 | -€20,860 | -14.0% |
| Operating profit (loss) | 9901 | €147,953 | €127,178 | -€20,775 | -14.0% |
| Financial income | 75/76B | €16 | €40 | +€24 | +152% |
| Recurring financial income | 75 | €16 | €40 | +€24 | +152% |
| Financial charges | 65/66B | €13,041 | €11,668 | -€1,373 | -10.5% |
| Recurring financial charges | 65 | €13,041 | €11,668 | -€1,373 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €134,927 | €115,549 | -€19,378 | -14.4% |
| Income taxes | 67/77 | €39,435 | €25,193 | -€14,242 | -36.1% |
| Profit (loss) for the period | 9904 | €95,492 | €90,356 | -€5,136 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,492 | €90,356 | -€5,136 | -5.4% |
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 14 October 2026 via checked.be.