CHAVA: 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.
CHAVA
Largest movements
- Cash +€1.7m
up €1.7m (+17142.1%), from €9,738 to €1.7m
mainly Net result for the year (+€1.0m) and Investment in fixed assets (net) (+€303,475)
- Tangible fixed assets -€380,826
down €380,826 (-11.3%), from €3.4m to €3.0m
of which Plant, machinery and equipment: -€193,963
- Reserves +€615,932
up €615,932 (+75.8%), from €812,711 to €1.4m
of which Distributable reserves: +€615,932
- Profit (loss) carried forward +€418,285
no longer reported in 2025 (was -€418,285)
- Tax, wage and social debts +€261,569
up €261,569 (+124219.5%), from €211 to €261,780
- Gross operating margin +€1.4m
up €1.4m, from -€19,175 to €1.4m
- Taxes +€238,731
up €238,731 (+966.6%), from €24,698 to €263,429
- Other operating charges -€17,533
down €17,533 (-67.1%), from €26,129 to €8,596
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 | €3,396,630 | €4,701,781 | +€1.3m | +38.4% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,366,081 | €2,985,255 | -€380,826 | -11.3% |
| Tangible fixed assets | 22/27 | €3,366,081 | €2,985,255 | -€380,826 | -11.3% |
| Land and buildings | 22 | €3,109,923 | €2,938,047 | -€171,876 | -5.5% |
| Plant, machinery and equipment | 23 | €208,225 | €14,262 | -€193,963 | -93.2% |
| Furniture and vehicles | 24 | €47,933 | €32,946 | -€14,987 | -31.3% |
| Current assets | 29/58 | €30,548 | €1,716,526 | +€1.7m | +5519.0% |
| Amounts receivable within one year | 40/41 | €3,384 | €21,135 | +€17,751 | +524.5% |
| Trade receivables | 40 | €3,384 | €21,135 | +€17,751 | +524.5% |
| Current investments | 50/53 | €14,277 | €14,277 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €9,738 | €1,679,086 | +€1.7m | +17142.1% |
| Deferred charges and accrued income | 490/1 | €3,149 | €2,027 | -€1,121 | -35.6% |
| Total equity and liabilities | 10/49 | €3,396,630 | €4,701,781 | +€1.3m | +38.4% |
| Equity | 10/15 | €456,426 | €1,490,644 | +€1.0m | +226.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €812,711 | €1,428,644 | +€615,932 | +75.8% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,539 | €7,539 | = | 0.0% |
| Distributable reserves | 133 | €798,972 | €1,414,905 | +€615,932 | +77.1% |
| Profit (loss) carried forward | 14 | -€418,285 | - | +€418,285 | |
| Provisions and deferred taxes | 16 | €59,004 | €56,545 | -€2,458 | -4.2% |
| Deferred taxes | 168 | €59,004 | €56,545 | -€2,458 | -4.2% |
| Amounts payable | 17/49 | €2,881,200 | €3,154,592 | +€273,393 | +9.5% |
| Amounts payable after more than one year | 17 | €1,700,000 | €1,700,000 | = | 0.0% |
| Financial debts | 170/4 | €1,700,000 | €1,700,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,181,200 | €1,454,592 | +€273,393 | +23.1% |
| Trade debts | 44 | €673 | €876 | +€203 | +30.1% |
| Suppliers | 440/4 | €673 | €876 | +€203 | +30.1% |
| Taxes, remuneration and social security | 45 | €211 | €261,780 | +€261,569 | +124219.5% |
| Taxes | 450/3 | €211 | €261,780 | +€261,569 | +124219.5% |
| Other amounts payable | 47/48 | €1,180,316 | €1,191,937 | +€11,621 | +1.0% |
| Non-recurring operating income | 76A | - | €1,446,525 | +€1.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,643 | €77,352 | -€291 | -0.4% |
| Other operating charges | 640/8 | €26,129 | €8,596 | -€17,533 | -67.1% |
| Gross operating margin | 9900 | -€19,175 | €1,381,395 | +€1.4m | |
| Operating profit (loss) | 9901 | -€122,947 | €1,295,447 | +€1.4m | |
| Financial charges | 65/66B | €246 | €259 | +€13 | +5.4% |
| Recurring financial charges | 65 | €246 | €259 | +€13 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | -€123,193 | €1,295,188 | +€1.4m | |
| Transfer from deferred taxes | 780 | €2,458 | €2,458 | = | 0.0% |
| Income taxes | 67/77 | €24,698 | €263,429 | +€238,731 | +966.6% |
| Profit (loss) for the period | 9904 | -€145,433 | €1,034,217 | +€1.2m | |
| Profit (loss) for the period to be appropriated | 9905 | -€145,433 | €1,034,217 | +€1.2m |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.