CHAXX: 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.
CHAXX
Largest movements
- Receivables within one year -€5,885
down €5,885 (-77.3%), from €7,617 to €1,732
of which Trade receivables: -€4,179
- Tangible fixed assets -€4,746
down €4,746 (-32.0%), from €14,826 to €10,080
of which Plant, machinery and equipment: -€3,647
- Financial fixed assets +€2,925
up €2,925 (+37.5%), from €7,800 to €10,725
- Cash +€388
up €388 (+134%), from €289 to €677
mainly Other debts (+€23,514) and Receivables within one year (+€5,885)
- Profit (loss) carried forward -€28,445
down €28,445 (-62.4%), from -€45,583 to -€74,028
- Other debts +€23,514
up €23,514 (+11,238%), from €209 to €23,723
- Advances received +€5,672
new in 2022: €5,672
- Current portion of long-term debt -€3,311
down €3,311 (-95.6%), from €3,465 to €154
- Tax, wage and social debts -€3,195
down €3,195 (-90.1%), from €3,546 to €351
- Gross operating margin -€17,733
down €17,733 (-388%), from -€4,572 to -€22,305
- Financial charges -€2,437
down €2,437 (-92.9%), from €2,623 to €186
- Other operating charges -€757
down €757 (-61.9%), from €1,223 to €466
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,532 | €23,214 | -€7,318 | -24.0% |
| Fixed assets | 21/28 | €22,626 | €20,805 | -€1,821 | -8.0% |
| Tangible fixed assets | 22/27 | €14,826 | €10,080 | -€4,746 | -32.0% |
| Plant, machinery and equipment | 23 | €10,828 | €7,181 | -€3,647 | -33.7% |
| Furniture and vehicles | 24 | €3,998 | €2,899 | -€1,099 | -27.5% |
| Financial fixed assets | 28 | €7,800 | €10,725 | +€2,925 | +37.5% |
| Current assets | 29/58 | €7,906 | €2,409 | -€5,497 | -69.5% |
| Amounts receivable within one year | 40/41 | €7,617 | €1,732 | -€5,885 | -77.3% |
| Trade receivables | 40 | €5,911 | €1,732 | -€4,179 | -70.7% |
| Other amounts receivable | 41 | €1,705 | €0 | -€1,705 | -100% |
| Cash at bank and in hand | 54/58 | €289 | €677 | +€388 | +134% |
| Total equity and liabilities | 10/49 | €30,532 | €23,214 | -€7,318 | -24.0% |
| Equity | 10/15 | -€44,583 | -€73,028 | -€28,445 | -63.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,583 | -€74,028 | -€28,445 | -62.4% |
| Amounts payable | 17/49 | €75,115 | €96,242 | +€21,127 | +28.1% |
| Amounts payable after more than one year | 17 | €54,000 | €54,000 | = | 0.0% |
| Financial debts | 170/4 | €54,000 | €54,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €21,115 | €42,242 | +€21,127 | +100% |
| Current portion of amounts payable after more than one year | 42 | €3,465 | €154 | -€3,311 | -95.6% |
| Trade debts | 44 | €13,895 | €12,342 | -€1,553 | -11.2% |
| Suppliers | 440/4 | €13,895 | €12,342 | -€1,553 | -11.2% |
| Advances received on contracts in progress | 46 | - | €5,672 | +€5,672 | |
| Taxes, remuneration and social security | 45 | €3,546 | €351 | -€3,195 | -90.1% |
| Taxes | 450/3 | €3,546 | €351 | -€3,195 | -90.1% |
| Other amounts payable | 47/48 | €209 | €23,723 | +€23,514 | +11,238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,366 | €5,488 | +€122 | +2.3% |
| Other operating charges | 640/8 | €1,223 | €466 | -€757 | -61.9% |
| Gross operating margin | 9900 | -€4,572 | -€22,305 | -€17,733 | -388% |
| Operating profit (loss) | 9901 | -€11,161 | -€28,259 | -€17,098 | -153% |
| Financial income | 75/76B | €105 | €0 | -€105 | -100.0% |
| Recurring financial income | 75 | €105 | €0 | -€105 | -100.0% |
| Financial charges | 65/66B | €2,623 | €186 | -€2,437 | -92.9% |
| Recurring financial charges | 65 | €2,623 | €186 | -€2,437 | -92.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,679 | -€28,445 | -€14,766 | -108% |
| Profit (loss) for the period | 9904 | -€13,679 | -€28,445 | -€14,766 | -108% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,679 | -€28,445 | -€14,766 | -108% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.