Chaud de l'Eau: 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.
Chaud de l'Eau
Largest movements
- Cash +€6,805
up €6,805 (+57.4%), from €11,865 to €18,670
mainly Advances received (+€20,000) and Depreciation (+€4,178)
- Stocks and contracts +€6,747
up €6,747 (+46.0%), from €14,677 to €21,424
- Receivables within one year -€3,176
down €3,176 (-15.1%), from €21,012 to €17,835
of which Trade receivables: -€6,515
- Tangible fixed assets -€2,683
down €2,683 (-32.1%), from €8,353 to €5,670
of which Furniture and vehicles: -€1,374
- Deferred charges and accrued income -€910
down €910 (-100.0%), from €910 to €0
- Advances received +€20,000
up €20,000, from €0 to €20,000
- Other debts -€9,036
down €9,036 (-98.9%), from €9,137 to €101
- Profit (loss) carried forward -€3,470
new in 2025: -€3,470
- Accrued charges and deferred income -€733
down €733 (-100.0%), from €733 to €0
- Gross operating margin -€20,400
down €20,400 (-93.8%), from €21,749 to €1,349
- Taxes -€4,669
down €4,669 (-100.0%), from €4,669 to €0
- Financial charges -€731
down €731 (-92.9%), from €787 to €56
- Other operating charges -€328
down €328 (-35.9%), from €913 to €585
- Depreciation +€223
up €223 (+5.6%), from €3,955 to €4,178
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 | €56,817 | €63,599 | +€6,783 | +11.9% |
| Fixed assets | 21/28 | €8,353 | €5,670 | -€2,683 | -32.1% |
| Tangible fixed assets | 22/27 | €8,353 | €5,670 | -€2,683 | -32.1% |
| Plant, machinery and equipment | 23 | €6,679 | €5,371 | -€1,309 | -19.6% |
| Furniture and vehicles | 24 | €1,674 | €299 | -€1,374 | -82.1% |
| Current assets | 29/58 | €48,463 | €57,929 | +€9,465 | +19.5% |
| Stocks and contracts in progress | 3 | €14,677 | €21,424 | +€6,747 | +46.0% |
| Stocks | 30/36 | €14,677 | €21,424 | +€6,747 | +46.0% |
| Amounts receivable within one year | 40/41 | €21,012 | €17,835 | -€3,176 | -15.1% |
| Trade receivables | 40 | €20,851 | €14,335 | -€6,515 | -31.2% |
| Other amounts receivable | 41 | €161 | €3,500 | +€3,339 | +2073.9% |
| Cash at bank and in hand | 54/58 | €11,865 | €18,670 | +€6,805 | +57.4% |
| Deferred charges and accrued income | 490/1 | €910 | €0 | -€910 | -100.0% |
| Total equity and liabilities | 10/49 | €56,817 | €63,599 | +€6,783 | +11.9% |
| Equity | 10/15 | €38,512 | €35,043 | -€3,470 | -9.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €37,012 | €37,012 | = | 0.0% |
| Distributable reserves | 133 | €37,012 | €37,012 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€3,470 | -€3,470 | |
| Amounts payable | 17/49 | €18,304 | €28,557 | +€10,252 | +56.0% |
| Amounts payable within one year | 42/48 | €17,571 | €28,557 | +€10,985 | +62.5% |
| Trade debts | 44 | €327 | €926 | +€598 | +183.0% |
| Suppliers | 440/4 | €327 | €926 | +€598 | +183.0% |
| Advances received on contracts in progress | 46 | €0 | €20,000 | +€20,000 | |
| Taxes, remuneration and social security | 45 | €8,107 | €7,530 | -€577 | -7.1% |
| Taxes | 450/3 | €8,107 | €7,530 | -€577 | -7.1% |
| Other amounts payable | 47/48 | €9,137 | €101 | -€9,036 | -98.9% |
| Accrued charges and deferred income | 492/3 | €733 | €0 | -€733 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,955 | €4,178 | +€223 | +5.6% |
| Other operating charges | 640/8 | €913 | €585 | -€328 | -35.9% |
| Gross operating margin | 9900 | €21,749 | €1,349 | -€20,400 | -93.8% |
| Operating profit (loss) | 9901 | €16,881 | -€3,414 | -€20,295 | |
| Financial income | 75/76B | €110 | €0 | -€110 | -100.0% |
| Recurring financial income | 75 | €110 | €0 | -€110 | -100.0% |
| Financial charges | 65/66B | €787 | €56 | -€731 | -92.9% |
| Recurring financial charges | 65 | €787 | €56 | -€731 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | €16,203 | -€3,470 | -€19,673 | |
| Income taxes | 67/77 | €4,669 | €0 | -€4,669 | -100.0% |
| Profit (loss) for the period | 9904 | €11,534 | -€3,470 | -€15,004 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,534 | -€3,470 | -€15,004 |
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 10 October 2026 via checked.be.