CHAVATTE: 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.
CHAVATTE
Largest movements
- Receivables within one year +€54,652
up €54,652 (+30.1%), from €181,730 to €236,382
of which Trade receivables: +€54,010
- Tangible fixed assets -€50,584
down €50,584 (-15.6%), from €325,093 to €274,508
of which Furniture and vehicles: -€34,306
- Cash +€22,572
up €22,572 (+28.8%), from €78,341 to €100,913
mainly Net result for the year (+€74,693) and Depreciation (+€37,018)
- Stocks and contracts +€15,530
up €15,530 (+4.1%), from €382,026 to €397,556
- Reserves +€74,000
up €74,000 (+16.9%), from €438,918 to €512,918
of which Distributable reserves: +€74,000
- Debts after one year -€31,615
down €31,615 (-61.8%), from €51,148 to €19,533
- Trade debts +€26,306
up €26,306 (+22.9%), from €114,655 to €140,961
- Tax, wage and social debts -€24,191
down €24,191 (-40.3%), from €60,067 to €35,875
of which Taxes: -€27,925
- Gross operating margin -€71,493
down €71,493 (-17.9%), from €398,746 to €327,254
- Depreciation -€20,309
down €20,309 (-35.4%), from €57,326 to €37,018
- Taxes -€16,817
down €16,817 (-27.3%), from €61,512 to €44,695
- Other operating charges +€7,860
up €7,860 (+154.9%), from €5,074 to €12,934
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 | €967,703 | €1,013,262 | +€45,559 | +4.7% |
| Fixed assets | 21/28 | €325,093 | €274,508 | -€50,584 | -15.6% |
| Tangible fixed assets | 22/27 | €325,093 | €274,508 | -€50,584 | -15.6% |
| Land and buildings | 22 | €199,600 | €190,800 | -€8,800 | -4.4% |
| Plant, machinery and equipment | 23 | €35,011 | €27,533 | -€7,479 | -21.4% |
| Furniture and vehicles | 24 | €90,482 | €56,176 | -€34,306 | -37.9% |
| Current assets | 29/58 | €642,611 | €738,754 | +€96,143 | +15.0% |
| Stocks and contracts in progress | 3 | €382,026 | €397,556 | +€15,530 | +4.1% |
| Stocks | 30/36 | €382,026 | €397,556 | +€15,530 | +4.1% |
| Amounts receivable within one year | 40/41 | €181,730 | €236,382 | +€54,652 | +30.1% |
| Trade receivables | 40 | €180,735 | €234,745 | +€54,010 | +29.9% |
| Other amounts receivable | 41 | €995 | €1,637 | +€642 | +64.5% |
| Cash at bank and in hand | 54/58 | €78,341 | €100,913 | +€22,572 | +28.8% |
| Deferred charges and accrued income | 490/1 | €514 | €3,903 | +€3,389 | +659.6% |
| Total equity and liabilities | 10/49 | €967,703 | €1,013,262 | +€45,559 | +4.7% |
| Equity | 10/15 | €662,839 | €742,869 | +€80,030 | +12.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €438,918 | €512,918 | +€74,000 | +16.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,058 | €3,058 | = | 0.0% |
| Distributable reserves | 133 | €434,000 | €508,000 | +€74,000 | +17.1% |
| Profit (loss) carried forward | 14 | €205,330 | €211,360 | +€6,030 | +2.9% |
| Amounts payable | 17/49 | €304,864 | €270,393 | -€34,471 | -11.3% |
| Amounts payable after more than one year | 17 | €51,148 | €19,533 | -€31,615 | -61.8% |
| Financial debts | 170/4 | €51,148 | €19,533 | -€31,615 | -61.8% |
| Amounts payable within one year | 42/48 | €253,403 | €243,818 | -€9,584 | -3.8% |
| Current portion of amounts payable after more than one year | 42 | €49,923 | €45,199 | -€4,725 | -9.5% |
| Trade debts | 44 | €114,655 | €140,961 | +€26,306 | +22.9% |
| Suppliers | 440/4 | €114,655 | €140,961 | +€26,306 | +22.9% |
| Taxes, remuneration and social security | 45 | €60,067 | €35,875 | -€24,191 | -40.3% |
| Taxes | 450/3 | €44,736 | €16,811 | -€27,925 | -62.4% |
| Remuneration and social security | 454/9 | €15,330 | €19,064 | +€3,734 | +24.4% |
| Other amounts payable | 47/48 | €28,758 | €21,783 | -€6,974 | -24.3% |
| Accrued charges and deferred income | 492/3 | €313 | €7,041 | +€6,728 | +2147.5% |
| Remuneration, social security and pensions | 62 | €145,737 | €146,025 | +€288 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,326 | €37,018 | -€20,309 | -35.4% |
| Other operating charges | 640/8 | €5,074 | €12,934 | +€7,860 | +154.9% |
| Gross operating margin | 9900 | €398,746 | €327,254 | -€71,493 | -17.9% |
| Operating profit (loss) | 9901 | €190,609 | €131,277 | -€59,332 | -31.1% |
| Financial income | 75/76B | €49 | €105 | +€56 | +114.0% |
| Recurring financial income | 75 | €49 | €105 | +€56 | +114.0% |
| Financial charges | 65/66B | €9,669 | €11,994 | +€2,325 | +24.0% |
| Recurring financial charges | 65 | €9,669 | €11,994 | +€2,325 | +24.0% |
| Profit (loss) for the period before taxes | 9903 | €180,989 | €119,388 | -€61,601 | -34.0% |
| Income taxes | 67/77 | €61,512 | €44,695 | -€16,817 | -27.3% |
| Profit (loss) for the period | 9904 | €119,477 | €74,693 | -€44,785 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €119,477 | €74,693 | -€44,785 | -37.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.