CHAUSSEE DE GHLIN: 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.
CHAUSSEE DE GHLIN
Largest movements
- Financial fixed assets -€57,421
down €57,421 (-27.3%), from €210,066 to €152,645
- Cash -€19,301
down €19,301 (-20.0%), from €96,302 to €77,001
mainly Contributions, distributions and other (-€55,000) and Receivables within one year (-€18,094)
- Receivables within one year +€18,094
up €18,094 (+64.4%), from €28,095 to €46,188
- Reserves -€58,455
down €58,455 (-21.6%), from €270,046 to €211,592
of which Distributable reserves: -€58,455
- Provisions -€147,927
no longer reported in 2025 (was €147,927)
- Financial charges +€2,758
up €2,758 (+144%), from €1,922 to €4,680
- Write-downs -€2,166
new in 2025: -€2,166
- Gross operating margin -€855
down €855 (-30.5%), from -€2,798 to -€3,653
- Financial income -€167
down €167 (-5.1%), from €3,279 to €3,112
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 | €334,463 | €275,834 | -€58,628 | -17.5% |
| Fixed assets | 21/28 | €210,066 | €152,645 | -€57,421 | -27.3% |
| Financial fixed assets | 28 | €210,066 | €152,645 | -€57,421 | -27.3% |
| Current assets | 29/58 | €124,397 | €123,189 | -€1,207 | -1.0% |
| Amounts receivable within one year | 40/41 | €28,095 | €46,188 | +€18,094 | +64.4% |
| Other amounts receivable | 41 | €28,095 | €46,188 | +€18,094 | +64.4% |
| Cash at bank and in hand | 54/58 | €96,302 | €77,001 | -€19,301 | -20.0% |
| Total equity and liabilities | 10/49 | €334,463 | €275,834 | -€58,628 | -17.5% |
| Equity | 10/15 | €331,546 | €273,092 | -€58,455 | -17.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €270,046 | €211,592 | -€58,455 | -21.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €263,896 | €205,442 | -€58,455 | -22.2% |
| Amounts payable | 17/49 | €2,917 | €2,743 | -€174 | -6.0% |
| Amounts payable within one year | 42/48 | €829 | €653 | -€175 | -21.2% |
| Trade debts | 44 | €829 | €653 | -€175 | -21.2% |
| Suppliers | 440/4 | €829 | €653 | -€175 | -21.2% |
| Accrued charges and deferred income | 492/3 | €2,088 | €2,089 | +€2 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,166 | -€2,166 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €147,927 | - | -€147,927 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,798 | -€3,653 | -€855 | -30.5% |
| Operating profit (loss) | 9901 | -€151,113 | -€1,887 | +€149,226 | +98.8% |
| Financial income | 75/76B | €3,279 | €3,112 | -€167 | -5.1% |
| Recurring financial income | 75 | €3,279 | €3,112 | -€167 | -5.1% |
| Financial charges | 65/66B | €1,922 | €4,680 | +€2,758 | +144% |
| Recurring financial charges | 65 | €1,922 | €4,680 | +€2,758 | +144% |
| Profit (loss) for the period before taxes | 9903 | -€149,756 | -€3,455 | +€146,301 | +97.7% |
| Profit (loss) for the period | 9904 | -€149,756 | -€3,455 | +€146,301 | +97.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€149,756 | -€3,455 | +€146,301 | +97.7% |
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 28 October 2026 via checked.be.