CHATO: 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.
CHATO
Largest movements
- Cash +€22,761
up €22,761 (+24.4%), from €93,195 to €115,955
mainly Net result for the year (+€16,817) and Depreciation (+€8,982)
- Tangible fixed assets -€7,431
down €7,431 (-27.2%), from €27,300 to €19,870
of which Plant, machinery and equipment: -€6,229
- Receivables within one year +€1,751
up €1,751 (+161%), from €1,087 to €2,838
of which Other amounts receivable: +€2,348
- Reserves +€16,817
new in 2025: €16,817
- Trade debts +€5,370
new in 2025: €5,370
- Tax, wage and social debts -€5,132
down €5,132 (-21.8%), from €23,542 to €18,410
of which Taxes: -€6,226
- Purchases and services +€64,804
up €64,804 (+51.9%), from €124,809 to €189,613
- Gross operating margin -€25,819
down €25,819 (-23.4%), from €110,143 to €84,323
- Staff costs -€12,515
down €12,515 (-20.8%), from €60,306 to €47,791
- Other operating charges +€1,310
up €1,310 (+178%), from €736 to €2,046
- Depreciation -€1,135
down €1,135 (-11.2%), from €10,117 to €8,982
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 | €121,582 | €138,663 | +€17,081 | +14.0% |
| Fixed assets | 21/28 | €27,300 | €19,870 | -€7,431 | -27.2% |
| Tangible fixed assets | 22/27 | €27,300 | €19,870 | -€7,431 | -27.2% |
| Plant, machinery and equipment | 23 | €19,654 | €13,425 | -€6,229 | -31.7% |
| Furniture and vehicles | 24 | €7,647 | €6,445 | -€1,202 | -15.7% |
| Current assets | 29/58 | €94,282 | €118,793 | +€24,512 | +26.0% |
| Amounts receivable within one year | 40/41 | €1,087 | €2,838 | +€1,751 | +161% |
| Trade receivables | 40 | €597 | - | -€597 | |
| Other amounts receivable | 41 | €490 | €2,838 | +€2,348 | +479% |
| Cash at bank and in hand | 54/58 | €93,195 | €115,955 | +€22,761 | +24.4% |
| Total equity and liabilities | 10/49 | €121,582 | €138,663 | +€17,081 | +14.0% |
| Equity | 10/15 | €92,135 | €108,952 | +€16,817 | +18.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | - | €16,817 | +€16,817 | |
| Distributable reserves | 133 | - | €16,817 | +€16,817 | |
| Profit (loss) carried forward | 14 | €72,135 | €72,135 | = | 0.0% |
| Amounts payable | 17/49 | €29,447 | €29,711 | +€264 | +0.9% |
| Amounts payable within one year | 42/48 | €29,447 | €29,711 | +€264 | +0.9% |
| Trade debts | 44 | - | €5,370 | +€5,370 | |
| Suppliers | 440/4 | - | €5,370 | +€5,370 | |
| Taxes, remuneration and social security | 45 | €23,542 | €18,410 | -€5,132 | -21.8% |
| Taxes | 450/3 | €23,334 | €17,108 | -€6,226 | -26.7% |
| Remuneration and social security | 454/9 | €208 | €1,302 | +€1,094 | +526% |
| Other amounts payable | 47/48 | €5,905 | €5,931 | +€25 | +0.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €124,809 | €189,613 | +€64,804 | +51.9% |
| Remuneration, social security and pensions | 62 | €60,306 | €47,791 | -€12,515 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,117 | €8,982 | -€1,135 | -11.2% |
| Other operating charges | 640/8 | €736 | €2,046 | +€1,310 | +178% |
| Gross operating margin | 9900 | €110,143 | €84,323 | -€25,819 | -23.4% |
| Operating profit (loss) | 9901 | €38,984 | €25,504 | -€13,480 | -34.6% |
| Financial income | 75/76B | €0 | €23 | +€22 | +5,525% |
| Recurring financial income | 75 | €0 | €23 | +€22 | +5,525% |
| Financial charges | 65/66B | €97 | €111 | +€14 | +14.8% |
| Recurring financial charges | 65 | €97 | €111 | +€14 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €38,887 | €25,415 | -€13,472 | -34.6% |
| Income taxes | 67/77 | €8,510 | €8,598 | +€88 | +1.0% |
| Profit (loss) for the period | 9904 | €30,377 | €16,817 | -€13,560 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,377 | €16,817 | -€13,560 | -44.6% |
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 16 October 2026 via checked.be.