ChatelainXpert: 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.
ChatelainXpert
Largest movements
- Receivables within one year +€79,863
up €79,863 (+47.2%), from €169,219 to €249,082
of which Trade receivables: +€75,933
- Tangible fixed assets -€23,164
down €23,164 (-21.8%), from €106,291 to €83,127
of which Furniture and vehicles: -€21,448
- Cash -€13,583
down €13,583 (-23.0%), from €59,117 to €45,534
mainly Contributions, distributions and other (-€94,118) and Receivables within one year (-€79,863)
- Debts after one year -€33,377
down €33,377 (-34.4%), from €97,022 to €63,645
of which Financial debts: -€33,377
- Reserves +€32,232
up €32,232 (+249%), from €12,952 to €45,185
of which Distributable reserves: +€32,232
- Trade debts +€28,425
up €28,425 (+29.8%), from €95,484 to €123,909
- Other debts +€19,408
up €19,408 (+20.1%), from €96,405 to €115,813
- Gross operating margin +€56,661
up €56,661 (+16.3%), from €348,522 to €405,182
- Staff costs +€33,469
up €33,469 (+25.1%), from €133,441 to €166,910
- Depreciation -€20,959
down €20,959 (-25.6%), from €81,778 to €60,819
- Taxes +€12,163
up €12,163 (+37.8%), from €32,149 to €44,312
- Other operating charges -€4,702
down €4,702 (-83.4%), from €5,639 to €937
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 | €377,228 | €422,597 | +€45,369 | +12.0% |
| Fixed assets | 21/28 | €143,330 | €118,456 | -€24,873 | -17.4% |
| Intangible fixed assets | 21 | €37,038 | €34,977 | -€2,061 | -5.6% |
| Tangible fixed assets | 22/27 | €106,291 | €83,127 | -€23,164 | -21.8% |
| Plant, machinery and equipment | 23 | €3,433 | €1,717 | -€1,717 | -50.0% |
| Furniture and vehicles | 24 | €102,858 | €81,410 | -€21,448 | -20.9% |
| Financial fixed assets | 28 | - | €352 | +€352 | |
| Current assets | 29/58 | €233,899 | €304,141 | +€70,242 | +30.0% |
| Amounts receivable within one year | 40/41 | €169,219 | €249,082 | +€79,863 | +47.2% |
| Trade receivables | 40 | €166,922 | €242,855 | +€75,933 | +45.5% |
| Other amounts receivable | 41 | €2,297 | €6,227 | +€3,930 | +171% |
| Cash at bank and in hand | 54/58 | €59,117 | €45,534 | -€13,583 | -23.0% |
| Deferred charges and accrued income | 490/1 | €5,563 | €9,525 | +€3,962 | +71.2% |
| Total equity and liabilities | 10/49 | €377,228 | €422,597 | +€45,369 | +12.0% |
| Equity | 10/15 | €31,552 | €63,785 | +€32,232 | +102% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,952 | €45,185 | +€32,232 | +249% |
| 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 | €11,092 | €43,325 | +€32,232 | +291% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €345,676 | €358,813 | +€13,137 | +3.8% |
| Amounts payable after more than one year | 17 | €97,022 | €63,645 | -€33,377 | -34.4% |
| Financial debts | 170/4 | €97,022 | €63,645 | -€33,377 | -34.4% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €248,654 | €295,168 | +€46,514 | +18.7% |
| Current portion of amounts payable after more than one year | 42 | €31,948 | €33,377 | +€1,429 | +4.5% |
| Trade debts | 44 | €95,484 | €123,909 | +€28,425 | +29.8% |
| Suppliers | 440/4 | €95,484 | €123,909 | +€28,425 | +29.8% |
| Taxes, remuneration and social security | 45 | €24,818 | €22,069 | -€2,748 | -11.1% |
| Taxes | 450/3 | €9,655 | €2,760 | -€6,895 | -71.4% |
| Remuneration and social security | 454/9 | €15,163 | €19,309 | +€4,146 | +27.3% |
| Other amounts payable | 47/48 | €96,405 | €115,813 | +€19,408 | +20.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €133,441 | €166,910 | +€33,469 | +25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,778 | €60,819 | -€20,959 | -25.6% |
| Other operating charges | 640/8 | €5,639 | €937 | -€4,702 | -83.4% |
| Gross operating margin | 9900 | €348,522 | €405,182 | +€56,661 | +16.3% |
| Operating profit (loss) | 9901 | €127,663 | €176,516 | +€48,853 | +38.3% |
| Financial income | 75/76B | €211 | €0 | -€211 | -100% |
| Recurring financial income | 75 | €211 | €0 | -€211 | -100% |
| Financial charges | 65/66B | €6,755 | €5,855 | -€900 | -13.3% |
| Recurring financial charges | 65 | €6,755 | €5,855 | -€900 | -13.3% |
| Profit (loss) for the period before taxes | 9903 | €121,119 | €170,662 | +€49,542 | +40.9% |
| Income taxes | 67/77 | €32,149 | €44,312 | +€12,163 | +37.8% |
| Profit (loss) for the period | 9904 | €88,971 | €126,350 | +€37,379 | +42.0% |
| Profit (loss) for the period to be appropriated | 9905 | €88,971 | €126,350 | +€37,379 | +42.0% |
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 29 October 2026 via checked.be.