CHAUFFAGE CONSTANT: 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.
CHAUFFAGE CONSTANT
Largest movements
- Receivables after one year +€15,559
up €15,559 (+22.4%), from €69,505 to €85,064
- Receivables within one year -€9,624
down €9,624 (-50.2%), from €19,172 to €9,548
of which Trade receivables: -€8,662
- Intangible fixed assets -€5,300
down €5,300 (-86.9%), from €6,100 to €800
- Tangible fixed assets -€4,240
down €4,240 (-65.1%), from €6,514 to €2,275
of which Plant, machinery and equipment: -€3,742
- Stocks and contracts -€3,552
down €3,552 (-54.7%), from €6,498 to €2,946
- Short-term financial debts -€15,561
down €15,561 (-86.1%), from €18,069 to €2,507
- Tax, wage and social debts +€7,884
up €7,884 (+70.3%), from €11,222 to €19,106
of which Taxes: +€6,663
- Profit (loss) carried forward -€1,381
down €1,381 (-3.2%), from €42,688 to €41,307
- Gross operating margin -€23,930
down €23,930 (-42.7%), from €55,979 to €32,049
- Write-downs +€5,285
up €5,285 (+1,654%), from €320 to €5,605
- Taxes -€3,986
down €3,986 (-37.6%), from €10,607 to €6,621
- Other operating charges +€3,192
up €3,192 (+118%), from €2,703 to €5,896
- Depreciation -€2,574
down €2,574 (-18.0%), from €14,328 to €11,754
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 | €110,964 | €102,354 | -€8,611 | -7.8% |
| Fixed assets | 21/28 | €12,614 | €3,075 | -€9,540 | -75.6% |
| Intangible fixed assets | 21 | €6,100 | €800 | -€5,300 | -86.9% |
| Tangible fixed assets | 22/27 | €6,514 | €2,275 | -€4,240 | -65.1% |
| Land and buildings | 22 | €646 | €323 | -€323 | -50.0% |
| Plant, machinery and equipment | 23 | €4,876 | €1,134 | -€3,742 | -76.7% |
| Furniture and vehicles | 24 | €993 | €818 | -€175 | -17.6% |
| Current assets | 29/58 | €98,350 | €99,279 | +€929 | +0.9% |
| Amounts receivable after more than one year | 29 | €69,505 | €85,064 | +€15,559 | +22.4% |
| Other amounts receivable | 291 | €69,505 | €85,064 | +€15,559 | +22.4% |
| Stocks and contracts in progress | 3 | €6,498 | €2,946 | -€3,552 | -54.7% |
| Stocks | 30/36 | €6,498 | €2,946 | -€3,552 | -54.7% |
| Amounts receivable within one year | 40/41 | €19,172 | €9,548 | -€9,624 | -50.2% |
| Trade receivables | 40 | €15,283 | €6,620 | -€8,662 | -56.7% |
| Other amounts receivable | 41 | €3,890 | €2,928 | -€962 | -24.7% |
| Cash at bank and in hand | 54/58 | €3,058 | €606 | -€2,452 | -80.2% |
| Deferred charges and accrued income | 490/1 | €116 | €1,114 | +€998 | +856% |
| Total equity and liabilities | 10/49 | €110,964 | €102,354 | -€8,611 | -7.8% |
| Equity | 10/15 | €79,288 | €77,907 | -€1,381 | -1.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €16,140 | €16,140 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,140 | €16,140 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,688 | €41,307 | -€1,381 | -3.2% |
| Amounts payable | 17/49 | €31,676 | €24,446 | -€7,230 | -22.8% |
| Amounts payable within one year | 42/48 | €31,676 | €24,446 | -€7,230 | -22.8% |
| Financial debts | 43 | €18,069 | €2,507 | -€15,561 | -86.1% |
| Credit institutions | 430/8 | €18,069 | €2,507 | -€15,561 | -86.1% |
| Trade debts | 44 | €2,386 | €2,693 | +€307 | +12.9% |
| Suppliers | 440/4 | €2,386 | €2,693 | +€307 | +12.9% |
| Taxes, remuneration and social security | 45 | €11,222 | €19,106 | +€7,884 | +70.3% |
| Taxes | 450/3 | €11,222 | €17,885 | +€6,663 | +59.4% |
| Remuneration and social security | 454/9 | - | €1,221 | +€1,221 | |
| Other amounts payable | 47/48 | - | €140 | +€140 | |
| Remuneration, social security and pensions | 62 | €4,029 | €5,491 | +€1,462 | +36.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,328 | €11,754 | -€2,574 | -18.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €320 | €5,605 | +€5,285 | +1,654% |
| Other operating charges | 640/8 | €2,703 | €5,896 | +€3,192 | +118% |
| Gross operating margin | 9900 | €55,979 | €32,049 | -€23,930 | -42.7% |
| Operating profit (loss) | 9901 | €34,598 | €3,304 | -€31,295 | -90.5% |
| Financial income | 75/76B | €6,644 | €4,209 | -€2,436 | -36.7% |
| Recurring financial income | 75 | €6,644 | €4,209 | -€2,436 | -36.7% |
| Financial charges | 65/66B | €2,834 | €2,273 | -€561 | -19.8% |
| Recurring financial charges | 65 | €2,834 | €2,273 | -€561 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | €38,409 | €5,240 | -€33,169 | -86.4% |
| Income taxes | 67/77 | €10,607 | €6,621 | -€3,986 | -37.6% |
| Profit (loss) for the period | 9904 | €27,802 | -€1,381 | -€29,183 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,802 | -€1,381 | -€29,183 |
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 20 October 2026 via checked.be.