CHAUFFAMAX: 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.
CHAUFFAMAX
Largest movements
- Stocks and contracts +€75,369
new in 2024: €75,369
- Receivables within one year +€34,472
up €34,472 (+32.5%), from €105,961 to €140,434
of which Trade receivables: +€40,509
- Cash +€19,470
up €19,470 (+76.6%), from €25,421 to €44,892
mainly Net result for the year (+€62,504) and Trade debts (+€58,776)
- Tangible fixed assets -€15,517
down €15,517 (-26.6%), from €58,414 to €42,897
- Profit (loss) carried forward +€62,504
up €62,504 (+193%), from €32,359 to €94,863
- Trade debts +€58,776
up €58,776 (+94.6%), from €62,109 to €120,885
- Debts after one year -€5,903
down €5,903 (-25.1%), from €23,555 to €17,652
- Other debts +€5,015
up €5,015 (+341%), from €1,470 to €6,486
- Gross operating margin +€99,583
up €99,583 (+215%), from €46,385 to €145,968
- Staff costs +€27,117
up €27,117 (+232%), from €11,708 to €38,825
- Taxes +€2,662
up €2,662 (+19.0%), from €14,035 to €16,697
- Financial charges -€2,112
down €2,112 (-77.1%), from €2,738 to €626
- Depreciation +€1,485
up €1,485 (+6.1%), from €24,432 to €25,917
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,989 | €307,026 | +€113,037 | +58.3% |
| Fixed assets | 21/28 | €58,589 | €43,072 | -€15,517 | -26.5% |
| Tangible fixed assets | 22/27 | €58,414 | €42,897 | -€15,517 | -26.6% |
| Furniture and vehicles | 24 | €58,414 | €42,897 | -€15,517 | -26.6% |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €135,400 | €263,953 | +€128,554 | +94.9% |
| Stocks and contracts in progress | 3 | - | €75,369 | +€75,369 | |
| Stocks | 30/36 | - | €75,369 | +€75,369 | |
| Amounts receivable within one year | 40/41 | €105,961 | €140,434 | +€34,472 | +32.5% |
| Trade receivables | 40 | €98,420 | €138,929 | +€40,509 | +41.2% |
| Other amounts receivable | 41 | €7,542 | €1,505 | -€6,037 | -80.1% |
| Cash at bank and in hand | 54/58 | €25,421 | €44,892 | +€19,470 | +76.6% |
| Deferred charges and accrued income | 490/1 | €4,017 | €3,258 | -€759 | -18.9% |
| Total equity and liabilities | 10/49 | €193,989 | €307,026 | +€113,037 | +58.3% |
| Equity | 10/15 | €33,459 | €95,963 | +€62,504 | +187% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | €1,000 | = | 0.0% |
| Issued capital | 100 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Legal reserve | 130 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,359 | €94,863 | +€62,504 | +193% |
| Amounts payable | 17/49 | €160,529 | €211,063 | +€50,533 | +31.5% |
| Amounts payable after more than one year | 17 | €23,555 | €17,652 | -€5,903 | -25.1% |
| Financial debts | 170/4 | €23,555 | €17,652 | -€5,903 | -25.1% |
| Amounts payable within one year | 42/48 | €135,283 | €193,411 | +€58,128 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €15,757 | €12,877 | -€2,881 | -18.3% |
| Trade debts | 44 | €62,109 | €120,885 | +€58,776 | +94.6% |
| Suppliers | 440/4 | €62,109 | €120,885 | +€58,776 | +94.6% |
| Advances received on contracts in progress | 46 | €18,500 | €18,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €37,446 | €34,664 | -€2,782 | -7.4% |
| Taxes | 450/3 | €15,046 | €25,749 | +€10,703 | +71.1% |
| Remuneration and social security | 454/9 | €22,400 | €8,915 | -€13,485 | -60.2% |
| Other amounts payable | 47/48 | €1,470 | €6,486 | +€5,015 | +341% |
| Accrued charges and deferred income | 492/3 | €1,692 | - | -€1,692 | |
| Remuneration, social security and pensions | 62 | €11,708 | €38,825 | +€27,117 | +232% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,432 | €25,917 | +€1,485 | +6.1% |
| Other operating charges | 640/8 | €2,470 | €1,487 | -€983 | -39.8% |
| Gross operating margin | 9900 | €46,385 | €145,968 | +€99,583 | +215% |
| Operating profit (loss) | 9901 | €7,774 | €79,738 | +€71,964 | +926% |
| Financial income | 75/76B | €204 | €88 | -€116 | -56.9% |
| Recurring financial income | 75 | €204 | €88 | -€116 | -56.9% |
| Financial charges | 65/66B | €2,738 | €626 | -€2,112 | -77.1% |
| Recurring financial charges | 65 | €2,738 | €626 | -€2,112 | -77.1% |
| Profit (loss) for the period before taxes | 9903 | €5,241 | €79,200 | +€73,960 | +1,411% |
| Income taxes | 67/77 | €14,035 | €16,697 | +€2,662 | +19.0% |
| Profit (loss) for the period | 9904 | -€8,794 | €62,504 | +€71,298 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,794 | €62,504 | +€71,298 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.