CHATO HELSEN: 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 HELSEN
Largest movements
- Tangible fixed assets -€31,734
down €31,734 (-13.3%), from €239,485 to €207,751
of which Land and buildings: -€24,893
- Debts after one year -€22,742
down €22,742 (-33.4%), from €67,995 to €45,253
- Other debts -€7,119
down €7,119 (-4.8%), from €148,277 to €141,157
- Profit (loss) carried forward -€3,110
down €3,110 (-244.8%), from -€1,270 to -€4,381
- Depreciation +€7,129
up €7,129 (+29.0%), from €24,605 to €31,734
- Gross operating margin +€1,519
up €1,519 (+4.1%), from €37,250 to €38,768
- Financial charges -€1,242
down €1,242 (-15.1%), from €8,229 to €6,986
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.
Cash bridge derived
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 | €249,604 | €216,127 | -€33,477 | -13.4% |
| Fixed assets | 21/28 | €239,485 | €207,751 | -€31,734 | -13.3% |
| Tangible fixed assets | 22/27 | €239,485 | €207,751 | -€31,734 | -13.3% |
| Land and buildings | 22 | €207,919 | €183,026 | -€24,893 | -12.0% |
| Plant, machinery and equipment | 23 | €30,951 | €24,387 | -€6,565 | -21.2% |
| Furniture and vehicles | 24 | €615 | €338 | -€277 | -45.0% |
| Current assets | 29/58 | €10,119 | €8,376 | -€1,743 | -17.2% |
| Amounts receivable within one year | 40/41 | €5,781 | €6,872 | +€1,091 | +18.9% |
| Trade receivables | 40 | €4,235 | €5,395 | +€1,160 | +27.4% |
| Other amounts receivable | 41 | €1,546 | €1,476 | -€70 | -4.5% |
| Cash at bank and in hand | 54/58 | €2,094 | €202 | -€1,892 | -90.3% |
| Deferred charges and accrued income | 490/1 | €2,244 | €1,302 | -€942 | -42.0% |
| Total equity and liabilities | 10/49 | €249,604 | €216,127 | -€33,477 | -13.4% |
| Equity | 10/15 | €6,996 | €3,885 | -€3,110 | -44.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,066 | €2,066 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €2,066 | €2,066 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,270 | -€4,381 | -€3,110 | -244.8% |
| Amounts payable | 17/49 | €242,608 | €212,241 | -€30,367 | -12.5% |
| Amounts payable after more than one year | 17 | €67,995 | €45,253 | -€22,742 | -33.4% |
| Financial debts | 170/4 | €67,995 | €45,253 | -€22,742 | -33.4% |
| Amounts payable within one year | 42/48 | €174,613 | €166,923 | -€7,690 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €21,468 | €22,742 | +€1,274 | +5.9% |
| Trade debts | 44 | €388 | €712 | +€324 | +83.6% |
| Suppliers | 440/4 | €388 | €712 | +€324 | +83.6% |
| Taxes, remuneration and social security | 45 | €4,481 | €2,312 | -€2,169 | -48.4% |
| Taxes | 450/3 | €4,481 | €2,312 | -€2,169 | -48.4% |
| Other amounts payable | 47/48 | €148,277 | €141,157 | -€7,119 | -4.8% |
| Accrued charges and deferred income | 492/3 | - | €65 | +€65 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,605 | €31,734 | +€7,129 | +29.0% |
| Other operating charges | 640/8 | €3,080 | €3,043 | -€37 | -1.2% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €37,250 | €38,768 | +€1,519 | +4.1% |
| Operating profit (loss) | 9901 | €9,564 | €3,992 | -€5,573 | -58.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €8,229 | €6,986 | -€1,242 | -15.1% |
| Recurring financial charges | 65 | €8,229 | €6,986 | -€1,242 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €1,336 | -€2,995 | -€4,330 | |
| Income taxes | 67/77 | €77 | €116 | +€38 | +49.7% |
| Profit (loss) for the period | 9904 | €1,258 | -€3,110 | -€4,369 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,258 | -€3,110 | -€4,369 |
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 11 October 2026 via checked.be.