CHAUFFITHERM: what changed
Two fiscal 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.
CHAUFFITHERM
Largest movements
- Tangible fixed assets +€25,637
up €25,637 (+42.9%), from €59,739 to €85,376
- Cash -€8,819
down €8,819 (-83.2%), from €10,602 to €1,784
mainly Investment in fixed assets (net) (-€57,305) and Contributions, distributions and other (-€15,000)
- Deferred charges and accrued income -€3,890
down €3,890 (-99.2%), from €3,922 to €31
- Profit (loss) carried forward +€27,473
up €27,473 (+102.4%), from €26,829 to €54,302
- Trade debts -€7,257
down €7,257 (-70.1%), from €10,349 to €3,091
- Other debts -€6,935
down €6,935 (-18.4%), from €37,766 to €30,831
- Gross operating margin +€68,916
up €68,916 (+914.6%), from €7,535 to €76,450
- Depreciation +€13,316
up €13,316 (+72.6%), from €18,352 to €31,668
- Taxes -€2,251
no longer reported in 2025 (was €2,251)
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 | €83,004 | €96,285 | +€13,281 | +16.0% |
| Fixed assets | 21/28 | €59,739 | €85,376 | +€25,637 | +42.9% |
| Tangible fixed assets | 22/27 | €59,739 | €85,376 | +€25,637 | +42.9% |
| Furniture and vehicles | 24 | €59,739 | €85,376 | +€25,637 | +42.9% |
| Current assets | 29/58 | €23,264 | €10,908 | -€12,356 | -53.1% |
| Stocks and contracts in progress | 3 | €1,346 | €1,832 | +€486 | +36.1% |
| Stocks | 30/36 | €1,346 | €1,832 | +€486 | +36.1% |
| Amounts receivable within one year | 40/41 | €7,395 | €7,262 | -€133 | -1.8% |
| Trade receivables | 40 | €398 | €3,348 | +€2,950 | +741.1% |
| Other amounts receivable | 41 | €6,997 | €3,913 | -€3,084 | -44.1% |
| Cash at bank and in hand | 54/58 | €10,602 | €1,784 | -€8,819 | -83.2% |
| Deferred charges and accrued income | 490/1 | €3,922 | €31 | -€3,890 | -99.2% |
| Total equity and liabilities | 10/49 | €83,004 | €96,285 | +€13,281 | +16.0% |
| Equity | 10/15 | €34,889 | €62,362 | +€27,473 | +78.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,829 | €54,302 | +€27,473 | +102.4% |
| Amounts payable | 17/49 | €48,115 | €33,922 | -€14,192 | -29.5% |
| Amounts payable within one year | 42/48 | €48,115 | €33,922 | -€14,192 | -29.5% |
| Trade debts | 44 | €10,349 | €3,091 | -€7,257 | -70.1% |
| Suppliers | 440/4 | €10,349 | €3,091 | -€7,257 | -70.1% |
| Other amounts payable | 47/48 | €37,766 | €30,831 | -€6,935 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,352 | €31,668 | +€13,316 | +72.6% |
| Other operating charges | 640/8 | €2,848 | €2,328 | -€520 | -18.3% |
| Gross operating margin | 9900 | €7,535 | €76,450 | +€68,916 | +914.6% |
| Operating profit (loss) | 9901 | -€13,665 | €42,454 | +€56,119 | |
| Financial income | 75/76B | €0 | €328 | +€327 | +105561.3% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -58.1% |
| Non-recurring financial income | 76B | - | €327 | +€327 | |
| Financial charges | 65/66B | €296 | €309 | +€13 | +4.5% |
| Recurring financial charges | 65 | €296 | €309 | +€13 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€13,961 | €42,473 | +€56,433 | |
| Income taxes | 67/77 | €2,251 | - | -€2,251 | |
| Profit (loss) for the period | 9904 | -€16,211 | €42,473 | +€58,684 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,211 | €42,473 | +€58,684 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.