CHAVITO: 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.
CHAVITO
Largest movements
- Current investments +€52,692
up €52,692 (+7.7%), from €681,811 to €734,503
- Tangible fixed assets -€14,474
down €14,474 (-10.5%), from €137,796 to €123,322
- Reserves +€27,620
up €27,620 (+10.9%), from €253,277 to €280,897
of which Distributable reserves: +€27,620
- Other debts +€19,507
up €19,507 (+6.0%), from €322,562 to €342,069
- Depreciation -€8,723
down €8,723 (-37.6%), from €23,197 to €14,474
- Gross operating margin -€4,703
down €4,703 (-5.5%), from €85,553 to €80,849
- Financial income -€2,917
down €2,917 (-18.9%), from €15,452 to €12,535
- Financial charges -€2,450
down €2,450 (-8.3%), from €29,636 to €27,186
- Taxes +€2,122
up €2,122 (+19.6%), from €10,828 to €12,950
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 | €865,066 | €897,505 | +€32,439 | +3.7% |
| Fixed assets | 21/28 | €137,796 | €123,322 | -€14,474 | -10.5% |
| Tangible fixed assets | 22/27 | €137,796 | €123,322 | -€14,474 | -10.5% |
| Land and buildings | 22 | €137,796 | €123,322 | -€14,474 | -10.5% |
| Current assets | 29/58 | €727,270 | €774,183 | +€46,913 | +6.5% |
| Amounts receivable within one year | 40/41 | €9,824 | €6,059 | -€3,765 | -38.3% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €9,824 | €6,059 | -€3,765 | -38.3% |
| Current investments | 50/53 | €681,811 | €734,503 | +€52,692 | +7.7% |
| Cash at bank and in hand | 54/58 | €35,316 | €33,598 | -€1,718 | -4.9% |
| Deferred charges and accrued income | 490/1 | €319 | €23 | -€296 | -92.7% |
| Total equity and liabilities | 10/49 | €865,066 | €897,505 | +€32,439 | +3.7% |
| Equity | 10/15 | €415,277 | €442,897 | +€27,620 | +6.7% |
| Contributions | 10/11 | €162,000 | €162,000 | = | 0.0% |
| Capital | 10 | €162,000 | €162,000 | = | 0.0% |
| Issued capital | 100 | €162,000 | €162,000 | = | 0.0% |
| Reserves | 13 | €253,277 | €280,897 | +€27,620 | +10.9% |
| Non-distributable reserves | 130/1 | €16,200 | €16,200 | = | 0.0% |
| Legal reserve | 130 | €16,200 | €16,200 | = | 0.0% |
| Distributable reserves | 133 | €237,077 | €264,697 | +€27,620 | +11.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €449,789 | €454,608 | +€4,819 | +1.1% |
| Amounts payable after more than one year | 17 | €77,000 | €77,000 | = | 0.0% |
| Financial debts | 170/4 | €77,000 | €77,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €336,741 | €349,773 | +€13,032 | +3.9% |
| Trade debts | 44 | €8,173 | €2,290 | -€5,883 | -72.0% |
| Suppliers | 440/4 | €8,173 | €2,290 | -€5,883 | -72.0% |
| Taxes, remuneration and social security | 45 | €6,006 | €5,415 | -€592 | -9.9% |
| Taxes | 450/3 | €6,006 | €5,415 | -€592 | -9.9% |
| Other amounts payable | 47/48 | €322,562 | €342,069 | +€19,507 | +6.0% |
| Accrued charges and deferred income | 492/3 | €36,048 | €27,835 | -€8,213 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,197 | €14,474 | -€8,723 | -37.6% |
| Other operating charges | 640/8 | €10,816 | €11,155 | +€339 | +3.1% |
| Gross operating margin | 9900 | €85,553 | €80,849 | -€4,703 | -5.5% |
| Operating profit (loss) | 9901 | €51,540 | €55,220 | +€3,680 | +7.1% |
| Financial income | 75/76B | €15,452 | €12,535 | -€2,917 | -18.9% |
| Recurring financial income | 75 | €15,452 | €12,535 | -€2,917 | -18.9% |
| Financial charges | 65/66B | €29,636 | €27,186 | -€2,450 | -8.3% |
| Recurring financial charges | 65 | €29,636 | €27,186 | -€2,450 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €37,356 | €40,569 | +€3,213 | +8.6% |
| Income taxes | 67/77 | €10,828 | €12,950 | +€2,122 | +19.6% |
| Profit (loss) for the period | 9904 | €26,528 | €27,620 | +€1,091 | +4.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,528 | €27,620 | +€1,091 | +4.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.