CHAVAST B.V.: 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.
CHAVAST B.V.
Largest movements
- Financial fixed assets +€8.4m
up €8.4m (+9.0%), from €93.4m to €101.9m
- Cash -€6.0m
down €6.0m (-60.5%), from €9.9m to €3.9m
mainly Investment in fixed assets (net) (-€8.4m) and Tax, wage and social debts (-€34,867)
- Current investments -€1.9m
down €1.9m (-100%), from €1.9m to €0
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€423,312
up €423,312 (+136%), from €310,449 to €733,761
of which Financial income: +€423,312
- Turnover -€119,075
no longer reported in 2025 (was €119,075)
- Taxes +€108,801
up €108,801 (+189%), from €57,585 to €166,386
- Gross operating margin +€65,921
new in 2025: €65,921
- Services and other goods -€63,566
no longer reported in 2025 (was €63,566)
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 | €105,360,891 | €105,859,940 | +€499,048 | +0.5% |
| Fixed assets | 21/28 | €93,422,794 | €101,869,129 | +€8.4m | +9.0% |
| Financial fixed assets | 28 | €93,422,794 | €101,869,129 | +€8.4m | +9.0% |
| Affiliated companies | 280/1 | €93,422,431 | - | -€93.4m | |
| Participating interests | 280 | €93,422,431 | - | -€93.4m | |
| Other financial fixed assets | 284/8 | €363 | - | -€363 | |
| Amounts receivable and cash guarantees | 285/8 | €363 | - | -€363 | |
| Current assets | 29/58 | €11,938,098 | €3,990,810 | -€7.9m | -66.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €35,839 | €33,994 | -€1,846 | -5.1% |
| Trade receivables | 40 | €34,500 | €32,629 | -€1,871 | -5.4% |
| Other amounts receivable | 41 | €1,339 | €1,364 | +€26 | +1.9% |
| Current investments | 50/53 | €1,931,509 | €0 | -€1.9m | -100% |
| Other investments | 51/53 | €1,931,509 | - | -€1.9m | |
| Cash at bank and in hand | 54/58 | €9,926,937 | €3,925,048 | -€6.0m | -60.5% |
| Deferred charges and accrued income | 490/1 | €43,812 | €31,768 | -€12,044 | -27.5% |
| Total equity and liabilities | 10/49 | €105,360,891 | €105,859,940 | +€499,048 | +0.5% |
| Equity | 10/15 | €105,295,715 | €105,727,682 | +€431,967 | +0.4% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €91,277,545 | €91,277,545 | = | 0.0% |
| Distributable reserves | 133 | €91,277,545 | €91,277,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,999,620 | €14,431,587 | +€431,967 | +3.1% |
| Amounts payable | 17/49 | €65,176 | €132,257 | +€67,081 | +103% |
| Amounts payable within one year | 42/48 | €65,116 | €132,140 | +€67,024 | +103% |
| Trade debts | 44 | €240 | €2,219 | +€1,980 | +826% |
| Suppliers | 440/4 | €240 | €2,219 | +€1,980 | +826% |
| Taxes, remuneration and social security | 45 | €64,877 | €30,010 | -€34,867 | -53.7% |
| Taxes | 450/3 | €59,000 | €23,817 | -€35,183 | -59.6% |
| Remuneration and social security | 454/9 | €5,877 | €6,193 | +€316 | +5.4% |
| Other amounts payable | 47/48 | - | €99,912 | +€99,912 | |
| Accrued charges and deferred income | 492/3 | €60 | €117 | +€57 | +95.0% |
| Operating income | 70/76A | €127,203 | - | -€127,203 | |
| Turnover | 70 | €119,075 | - | -€119,075 | |
| Other operating income | 74 | €8,128 | - | -€8,128 | |
| Operating charges | 60/66A | €184,068 | - | -€184,068 | |
| Services and other goods | 61 | €63,566 | - | -€63,566 | |
| Remuneration, social security and pensions | 62 | €116,762 | €137,437 | +€20,675 | +17.7% |
| Other operating charges | 640/8 | €3,740 | €8,595 | +€4,855 | +130% |
| Gross operating margin | 9900 | - | €65,921 | +€65,921 | |
| Operating profit (loss) | 9901 | -€56,865 | -€80,111 | -€23,246 | -40.9% |
| Financial income | 75/76B | €310,449 | €733,761 | +€423,312 | +136% |
| Recurring financial income | 75 | €310,449 | €733,761 | +€423,312 | +136% |
| Income from current assets | 751 | €287,260 | - | -€287,260 | |
| Other financial income | 752/9 | €23,189 | - | -€23,189 | |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €19,132 | €55,296 | +€36,165 | +189% |
| Recurring financial charges | 65 | €19,132 | €55,296 | +€36,165 | +189% |
| Debt charges | 650 | €6 | - | -€6 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €12,459 | - | -€12,459 | |
| Other financial charges | 652/9 | €6,667 | - | -€6,667 | |
| Profit (loss) for the period before taxes | 9903 | €234,452 | €598,353 | +€363,902 | +155% |
| Income taxes | 67/77 | €57,585 | €166,386 | +€108,801 | +189% |
| Taxes | 670/3 | €57,585 | - | -€57,585 | |
| Profit (loss) for the period | 9904 | €176,866 | €431,967 | +€255,101 | +144% |
| Profit (loss) for the period to be appropriated | 9905 | €176,866 | €431,967 | +€255,101 | +144% |
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 24 October 2026 via checked.be.