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CHASSIS M.: 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.

What changed

CHASSIS M.

BE 0447.213.946
NACE 25.120, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€554
2024 · €1,968-€2,522
Equity
€81,601
2024 · €82,155-€554
Cash
€136
2024 · €331-€195
Balance sheet total
€83,231
2024 · €86,776-€3,545

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€2,800

    down €2,800 (-4.8%), from €58,169 to €55,369

    of which Trade receivables: -€6,705

  • Tangible fixed assets +€2,062

    up €2,062 (+8.0%), from €25,663 to €27,725

    of which Plant, machinery and equipment: +€2,062

  • Financial fixed assets -€1,785

    no longer reported in 2025 (was €1,785)

Equity and liabilities
  • Trade debts -€3,582

    down €3,582 (-94.5%), from €3,791 to €209

Income statement
  • Write-downs -€39,979

    down €39,979, from €239 to -€39,739

  • Gross operating margin -€39,162

    down €39,162, from €6,509 to -€32,654

  • Turnover -€10,114

    no longer reported in 2025 (was €10,114)

  • Purchases and services -€3,605

    no longer reported in 2025 (was €3,605)

  • Financial charges +€1,962

    up €1,962 (+700.9%), from €280 to €2,242

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €1,968
Gross operating margin -€39,162
Depreciation -€891
Write-downs +€39,979
Other operating charges -€483
Financial income -€2
Financial charges -€1,962
Taxes -€1
Result 2025 -€554

Cash bridge derived

cash 2024 to 2025

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.

From operations +€2,300
Investment -€2,495
Financing €0
Cash 2024 €331
Net result for the year -€554
Depreciation +€2,218
Receivables within one year +€2,800
Deferred charges and accrued income +€829
Trade debts -€3,582
Tax, wage and social debts +€617
Other debts -€26
Investment in fixed assets (net) -€2,495
Cash 2025 €136
Every line side by side 43 lines
Line Code 2024 2025 Change %
Total assets 20/58 €86,776 €83,231 -€3,545 -4.1%
Fixed assets 21/28 €27,448 €27,725 +€278 +1.0%
Tangible fixed assets 22/27 €25,663 €27,725 +€2,062 +8.0%
Land and buildings 22 €14,787 €14,787 = 0.0%
Plant, machinery and equipment 23 €10,876 €12,938 +€2,062 +19.0%
Financial fixed assets 28 €1,785 - -€1,785
Current assets 29/58 €59,328 €55,505 -€3,823 -6.4%
Amounts receivable within one year 40/41 €58,169 €55,369 -€2,800 -4.8%
Trade receivables 40 €28,715 €22,010 -€6,705 -23.4%
Other amounts receivable 41 €29,453 €33,359 +€3,906 +13.3%
Cash at bank and in hand 54/58 €331 €136 -€195 -58.8%
Deferred charges and accrued income 490/1 €829 - -€829
Total equity and liabilities 10/49 €86,776 €83,231 -€3,545 -4.1%
Equity 10/15 €82,155 €81,601 -€554 -0.7%
Contributions 10/11 €62,000 €62,000 = 0.0%
Capital 10 €62,000 €62,000 = 0.0%
Issued capital 100 €62,000 €62,000 = 0.0%
Reserves 13 €6,200 €6,200 = 0.0%
Non-distributable reserves 130/1 €6,200 €6,200 = 0.0%
Legal reserve 130 €6,200 €6,200 = 0.0%
Profit (loss) carried forward 14 €13,955 €13,401 -€554 -4.0%
Amounts payable 17/49 €4,621 €1,630 -€2,991 -64.7%
Amounts payable within one year 42/48 €4,621 €1,630 -€2,991 -64.7%
Trade debts 44 €3,791 €209 -€3,582 -94.5%
Suppliers 440/4 €3,791 €209 -€3,582 -94.5%
Taxes, remuneration and social security 45 €804 €1,421 +€617 +76.7%
Taxes 450/3 €804 €1,421 +€617 +76.7%
Other amounts payable 47/48 €26 - -€26
Turnover 70 €10,114 - -€10,114
Goods, raw materials, services and sundry goods 60/61 €3,605 - -€3,605
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,327 €2,218 +€891 +67.1%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) 631/4 €239 -€39,739 -€39,979
Other operating charges 640/8 €2,699 €3,181 +€483 +17.9%
Gross operating margin 9900 €6,509 -€32,654 -€39,162
Operating profit (loss) 9901 €2,244 €1,687 -€557 -24.8%
Financial income 75/76B €4 €2 -€2 -46.7%
Recurring financial income 75 €4 €2 -€2 -46.7%
Financial charges 65/66B €280 €2,242 +€1,962 +700.9%
Recurring financial charges 65 €280 €2,242 +€1,962 +700.9%
Profit (loss) for the period before taxes 9903 €1,968 -€553 -€2,521
Income taxes 67/77 - €1 +€1
Profit (loss) for the period 9904 €1,968 -€554 -€2,522
Profit (loss) for the period to be appropriated 9905 €1,968 -€554 -€2,522

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 29 September 2026 via checked.be.