Chaun De Winne: 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.
Chaun De Winne
Largest movements
- Tangible fixed assets +€90,654
up €90,654 (+41.9%), from €216,554 to €307,208
of which Land and buildings: +€90,654
- Cash -€29,073
down €29,073 (-31.0%), from €93,914 to €64,840
mainly Investment in fixed assets (net) (-€107,119) and Debts after one year (-€16,521)
- Receivables within one year -€10,000
down €10,000 (-66.7%), from €15,000 to €5,000
- Other debts +€57,208
up €57,208 (+94.9%), from €60,255 to €117,463
- Debts after one year -€16,521
down €16,521 (-9.2%), from €180,000 to €163,479
- Profit (loss) carried forward +€13,330
up €13,330 (+22.6%), from €59,108 to €72,438
- Current portion of long-term debt +€11,651
new in 2025: €11,651
- Accrued charges and deferred income -€9,868
down €9,868 (-33.0%), from €29,868 to €20,000
- Depreciation +€9,309
up €9,309 (+130%), from €7,157 to €16,466
- Gross operating margin +€5,425
up €5,425 (+13.8%), from €39,413 to €44,838
- Financial charges +€3,133
up €3,133 (+43.1%), from €7,270 to €10,403
- Financial income +€553
new in 2025: €553
- Taxes -€491
down €491 (-9.7%), from €5,074 to €4,582
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 | €339,194 | €390,774 | +€51,580 | +15.2% |
| Fixed assets | 21/28 | €216,554 | €307,208 | +€90,654 | +41.9% |
| Tangible fixed assets | 22/27 | €216,554 | €307,208 | +€90,654 | +41.9% |
| Land and buildings | 22 | €215,041 | €305,695 | +€90,654 | +42.2% |
| Furniture and vehicles | 24 | €1,513 | €1,513 | = | 0.0% |
| Current assets | 29/58 | €122,640 | €83,567 | -€39,073 | -31.9% |
| Amounts receivable within one year | 40/41 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Other amounts receivable | 41 | €15,000 | €5,000 | -€10,000 | -66.7% |
| Current investments | 50/53 | €13,726 | €13,726 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €93,914 | €64,840 | -€29,073 | -31.0% |
| Total equity and liabilities | 10/49 | €339,194 | €390,774 | +€51,580 | +15.2% |
| Equity | 10/15 | €59,308 | €72,638 | +€13,330 | +22.5% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Contributions outside capital | 11 | €200 | €200 | = | 0.0% |
| Other | 1109/19 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,108 | €72,438 | +€13,330 | +22.6% |
| Amounts payable | 17/49 | €279,886 | €318,136 | +€38,250 | +13.7% |
| Amounts payable after more than one year | 17 | €180,000 | €163,479 | -€16,521 | -9.2% |
| Financial debts | 170/4 | €180,000 | €163,479 | -€16,521 | -9.2% |
| Amounts payable within one year | 42/48 | €70,018 | €134,657 | +€64,639 | +92.3% |
| Current portion of amounts payable after more than one year | 42 | - | €11,651 | +€11,651 | |
| Trade debts | 44 | €4,689 | €1,089 | -€3,600 | -76.8% |
| Suppliers | 440/4 | €4,689 | €1,089 | -€3,600 | -76.8% |
| Taxes, remuneration and social security | 45 | €5,074 | €4,454 | -€619 | -12.2% |
| Taxes | 450/3 | €5,074 | €4,454 | -€619 | -12.2% |
| Other amounts payable | 47/48 | €60,255 | €117,463 | +€57,208 | +94.9% |
| Accrued charges and deferred income | 492/3 | €29,868 | €20,000 | -€9,868 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,157 | €16,466 | +€9,309 | +130% |
| Other operating charges | 640/8 | €213 | €609 | +€396 | +186% |
| Gross operating margin | 9900 | €39,413 | €44,838 | +€5,425 | +13.8% |
| Operating profit (loss) | 9901 | €32,044 | €27,763 | -€4,280 | -13.4% |
| Financial income | 75/76B | - | €553 | +€553 | |
| Recurring financial income | 75 | - | €553 | +€553 | |
| Financial charges | 65/66B | €7,270 | €10,403 | +€3,133 | +43.1% |
| Recurring financial charges | 65 | €7,270 | €10,403 | +€3,133 | +43.1% |
| Profit (loss) for the period before taxes | 9903 | €24,774 | €17,913 | -€6,861 | -27.7% |
| Income taxes | 67/77 | €5,074 | €4,582 | -€491 | -9.7% |
| Profit (loss) for the period | 9904 | €19,700 | €13,330 | -€6,370 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €19,700 | €13,330 | -€6,370 | -32.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.