Chaviter: 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.
Chaviter
Largest movements
- Tangible fixed assets -€148,087
down €148,087 (-4.8%), from €3.1m to €2.9m
of which Land and buildings: -€136,172
- Receivables within one year -€120,278
down €120,278 (-63.8%), from €188,444 to €68,165
of which Other amounts receivable: -€109,643
- Cash +€116,526
up €116,526 (+199%), from €58,595 to €175,121
mainly Depreciation (+€152,056) and Receivables within one year (+€120,278)
- Reserves -€178,831
down €178,831 (-4.3%), from €4.1m to €3.9m
of which Distributable reserves: -€110,826
- Gross operating margin -€239,643
down €239,643, from €149,235 to -€90,409
- Financial income +€47,666
up €47,666 (+94.8%), from €50,303 to €97,969
- Other operating charges +€34,246
up €34,246 (+146%), from €23,487 to €57,733
- Depreciation +€14,487
up €14,487 (+10.5%), from €137,569 to €152,056
- Taxes -€7,455
down €7,455 (-77.2%), from €9,659 to €2,203
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 | €7,344,854 | €7,183,722 | -€161,131 | -2.2% |
| Fixed assets | 21/28 | €3,088,982 | €2,931,139 | -€157,843 | -5.1% |
| Intangible fixed assets | 21 | €9,756 | €0 | -€9,756 | -100% |
| Tangible fixed assets | 22/27 | €3,079,226 | €2,931,139 | -€148,087 | -4.8% |
| Land and buildings | 22 | €3,023,858 | €2,887,686 | -€136,172 | -4.5% |
| Plant, machinery and equipment | 23 | €55,368 | €43,453 | -€11,915 | -21.5% |
| Current assets | 29/58 | €4,255,872 | €4,252,583 | -€3,289 | -0.1% |
| Amounts receivable within one year | 40/41 | €188,444 | €68,165 | -€120,278 | -63.8% |
| Trade receivables | 40 | €11,635 | €1,000 | -€10,635 | -91.4% |
| Other amounts receivable | 41 | €176,808 | €67,165 | -€109,643 | -62.0% |
| Current investments | 50/53 | €4,000,000 | €4,000,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €58,595 | €175,121 | +€116,526 | +199% |
| Deferred charges and accrued income | 490/1 | €8,834 | €9,297 | +€463 | +5.2% |
| Total equity and liabilities | 10/49 | €7,344,854 | €7,183,722 | -€161,131 | -2.2% |
| Equity | 10/15 | €6,886,283 | €6,707,452 | -€178,831 | -2.6% |
| Contributions | 10/11 | €2,768,337 | €2,768,337 | = | 0.0% |
| Capital | 10 | €2,569,015 | €2,569,015 | = | 0.0% |
| Issued capital | 100 | €2,575,207 | €2,575,207 | = | 0.0% |
| Uncalled capital | 101 | €6,192 | €6,192 | = | 0.0% |
| Contributions outside capital | 11 | €199,321 | €199,321 | = | 0.0% |
| Other | 1109/19 | €199,321 | €199,321 | = | 0.0% |
| Reserves | 13 | €4,117,946 | €3,939,115 | -€178,831 | -4.3% |
| Non-distributable reserves | 130/1 | €172,930 | €172,930 | = | 0.0% |
| Legal reserve | 130 | €172,923 | €172,923 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7 | €7 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,009,390 | €941,385 | -€68,005 | -6.7% |
| Distributable reserves | 133 | €2,935,626 | €2,824,800 | -€110,826 | -3.8% |
| Provisions and deferred taxes | 16 | €395,130 | €364,160 | -€30,970 | -7.8% |
| Deferred taxes | 168 | €395,130 | €364,160 | -€30,970 | -7.8% |
| Amounts payable | 17/49 | €63,441 | €112,111 | +€48,669 | +76.7% |
| Amounts payable within one year | 42/48 | €60,937 | €110,547 | +€49,610 | +81.4% |
| Trade debts | 44 | €44,910 | €94,424 | +€49,515 | +110% |
| Suppliers | 440/4 | €44,910 | €94,424 | +€49,515 | +110% |
| Taxes, remuneration and social security | 45 | €247 | €302 | +€55 | +22.3% |
| Taxes | 450/3 | €247 | €302 | +€55 | +22.3% |
| Other amounts payable | 47/48 | €15,780 | €15,820 | +€40 | +0.3% |
| Accrued charges and deferred income | 492/3 | €2,505 | €1,564 | -€941 | -37.6% |
| Non-recurring operating income | 76A | €45,057 | €0 | -€45,057 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €137,569 | €152,056 | +€14,487 | +10.5% |
| Other operating charges | 640/8 | €23,487 | €57,733 | +€34,246 | +146% |
| Gross operating margin | 9900 | €149,235 | -€90,409 | -€239,643 | |
| Operating profit (loss) | 9901 | -€11,821 | -€300,198 | -€288,377 | -2,440% |
| Financial income | 75/76B | €50,303 | €97,969 | +€47,666 | +94.8% |
| Recurring financial income | 75 | €50,303 | €97,969 | +€47,666 | +94.8% |
| Financial charges | 65/66B | €2,395 | €5,368 | +€2,973 | +124% |
| Recurring financial charges | 65 | €2,395 | €5,368 | +€2,973 | +124% |
| Profit (loss) for the period before taxes | 9903 | €36,086 | -€207,597 | -€243,683 | |
| Transfer from deferred taxes | 780 | €27,754 | €30,970 | +€3,216 | +11.6% |
| Income taxes | 67/77 | €9,659 | €2,203 | -€7,455 | -77.2% |
| Profit (loss) for the period | 9904 | €54,181 | -€178,831 | -€233,012 | |
| Transfer from tax-exempt reserves | 789 | €58,358 | €68,005 | +€9,648 | +16.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,539 | -€110,826 | -€223,364 |
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 14 October 2026 via checked.be.