ChâteauChapiteau: 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.
ChâteauChapiteau
Largest movements
- Tangible fixed assets +€126,097
up €126,097 (+12.2%), from €1.0m to €1.2m
of which Land and buildings: +€146,051
- Cash -€30,513
down €30,513 (-38.3%), from €79,609 to €49,096
mainly Investment in fixed assets (net) (-€229,293) and Receivables within one year (-€11,764)
- Debts after one year +€52,142
up €52,142 (+8.0%), from €650,944 to €703,086
- Reserves +€27,017
up €27,017 (+9.5%), from €284,430 to €311,447
of which Distributable reserves: +€27,017
- Other debts +€15,326
up €15,326 (+11.9%), from €129,325 to €144,651
- Staff costs +€63,754
up €63,754 (+159%), from €40,100 to €103,854
- Taxes -€26,136
down €26,136 (-71.2%), from €36,706 to €10,570
- Depreciation +€15,147
up €15,147 (+17.2%), from €88,049 to €103,196
- Other operating charges +€3,976
up €3,976 (+33.6%), from €11,843 to €15,819
- Gross operating margin +€3,671
up €3,671 (+1.4%), from €267,689 to €271,360
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 | €1,156,052 | €1,251,081 | +€95,029 | +8.2% |
| Fixed assets | 21/28 | €1,038,450 | €1,164,547 | +€126,097 | +12.1% |
| Tangible fixed assets | 22/27 | €1,035,315 | €1,161,412 | +€126,097 | +12.2% |
| Land and buildings | 22 | €801,337 | €947,388 | +€146,051 | +18.2% |
| Plant, machinery and equipment | 23 | €190,207 | €184,503 | -€5,704 | -3.0% |
| Furniture and vehicles | 24 | €43,771 | €29,521 | -€14,250 | -32.6% |
| Financial fixed assets | 28 | €3,135 | €3,135 | = | 0.0% |
| Current assets | 29/58 | €117,602 | €86,534 | -€31,068 | -26.4% |
| Amounts receivable within one year | 40/41 | €22,315 | €34,079 | +€11,764 | +52.7% |
| Trade receivables | 40 | €18,994 | €9,649 | -€9,345 | -49.2% |
| Other amounts receivable | 41 | €3,321 | €24,430 | +€21,109 | +636% |
| Cash at bank and in hand | 54/58 | €79,609 | €49,096 | -€30,513 | -38.3% |
| Deferred charges and accrued income | 490/1 | €15,678 | €3,359 | -€12,319 | -78.6% |
| Total equity and liabilities | 10/49 | €1,156,052 | €1,251,081 | +€95,029 | +8.2% |
| Equity | 10/15 | €303,030 | €330,047 | +€27,017 | +8.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €284,430 | €311,447 | +€27,017 | +9.5% |
| 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 | €282,570 | €309,587 | +€27,017 | +9.6% |
| Amounts payable | 17/49 | €853,022 | €921,034 | +€68,012 | +8.0% |
| Amounts payable after more than one year | 17 | €650,944 | €703,086 | +€52,142 | +8.0% |
| Financial debts | 170/4 | €650,944 | €703,086 | +€52,142 | +8.0% |
| Amounts payable within one year | 42/48 | €201,313 | €217,948 | +€16,635 | +8.3% |
| Current portion of amounts payable after more than one year | 42 | €36,973 | €37,858 | +€885 | +2.4% |
| Trade debts | 44 | €18,692 | €9,046 | -€9,646 | -51.6% |
| Suppliers | 440/4 | €18,692 | €9,046 | -€9,646 | -51.6% |
| Taxes, remuneration and social security | 45 | €16,323 | €26,393 | +€10,070 | +61.7% |
| Taxes | 450/3 | €7,207 | €9,125 | +€1,918 | +26.6% |
| Remuneration and social security | 454/9 | €9,116 | €17,268 | +€8,152 | +89.4% |
| Other amounts payable | 47/48 | €129,325 | €144,651 | +€15,326 | +11.9% |
| Accrued charges and deferred income | 492/3 | €765 | - | -€765 | |
| Remuneration, social security and pensions | 62 | €40,100 | €103,854 | +€63,754 | +159% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,049 | €103,196 | +€15,147 | +17.2% |
| Other operating charges | 640/8 | €11,843 | €15,819 | +€3,976 | +33.6% |
| Non-recurring operating charges | 66A | €441 | - | -€441 | |
| Gross operating margin | 9900 | €267,689 | €271,360 | +€3,671 | +1.4% |
| Operating profit (loss) | 9901 | €127,256 | €48,491 | -€78,765 | -61.9% |
| Financial income | 75/76B | €971 | €551 | -€420 | -43.3% |
| Recurring financial income | 75 | €971 | €551 | -€420 | -43.3% |
| Financial charges | 65/66B | €14,117 | €11,455 | -€2,662 | -18.9% |
| Recurring financial charges | 65 | €14,117 | €11,455 | -€2,662 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €114,110 | €37,587 | -€76,523 | -67.1% |
| Income taxes | 67/77 | €36,706 | €10,570 | -€26,136 | -71.2% |
| Profit (loss) for the period | 9904 | €77,404 | €27,017 | -€50,387 | -65.1% |
| Profit (loss) for the period to be appropriated | 9905 | €77,404 | €27,017 | -€50,387 | -65.1% |
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 25 October 2026 via checked.be.