CHAYELL: 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.
CHAYELL
Largest movements
- Cash -€19,066
down €19,066 (-62.2%), from €30,634 to €11,568
mainly Net result for the year (-€41,381) and Receivables within one year (-€9,509)
- Receivables within one year +€9,509
up €9,509 (+531%), from €1,792 to €11,302
of which Trade receivables: +€9,867
- Tangible fixed assets -€6,817
down €6,817 (-13.8%), from €49,426 to €42,609
of which Other tangible fixed assets: -€5,487
- Profit (loss) carried forward -€41,381
down €41,381 (-77.0%), from -€53,758 to -€95,138
- Other debts +€28,105
up €28,105 (+46.2%), from €60,773 to €88,878
- Trade debts -€2,250
down €2,250 (-41.7%), from €5,402 to €3,152
- Gross operating margin +€6,207
up €6,207 (+17.2%), from -€36,073 to -€29,867
- Depreciation -€5,724
down €5,724 (-38.7%), from €14,787 to €9,063
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 | €83,612 | €67,247 | -€16,365 | -19.6% |
| Fixed assets | 21/28 | €49,426 | €42,609 | -€6,817 | -13.8% |
| Tangible fixed assets | 22/27 | €49,426 | €42,609 | -€6,817 | -13.8% |
| Plant, machinery and equipment | 23 | - | €1,202 | +€1,202 | |
| Furniture and vehicles | 24 | €4,074 | €1,543 | -€2,531 | -62.1% |
| Other tangible fixed assets | 26 | €45,352 | €39,865 | -€5,487 | -12.1% |
| Current assets | 29/58 | €34,186 | €24,638 | -€9,548 | -27.9% |
| Amounts receivable within one year | 40/41 | €1,792 | €11,302 | +€9,509 | +531% |
| Trade receivables | 40 | €1,170 | €11,037 | +€9,867 | +843% |
| Other amounts receivable | 41 | €622 | €265 | -€358 | -57.5% |
| Cash at bank and in hand | 54/58 | €30,634 | €11,568 | -€19,066 | -62.2% |
| Deferred charges and accrued income | 490/1 | €1,760 | €1,768 | +€8 | +0.5% |
| Total equity and liabilities | 10/49 | €83,612 | €67,247 | -€16,365 | -19.6% |
| Equity | 10/15 | €15,837 | -€25,544 | -€41,381 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €68,594 | €68,594 | = | 0.0% |
| Distributable reserves | 133 | €68,594 | €68,594 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,758 | -€95,138 | -€41,381 | -77.0% |
| Amounts payable | 17/49 | €67,776 | €92,791 | +€25,016 | +36.9% |
| Amounts payable within one year | 42/48 | €67,188 | €92,791 | +€25,603 | +38.1% |
| Trade debts | 44 | €5,402 | €3,152 | -€2,250 | -41.7% |
| Suppliers | 440/4 | €5,402 | €3,152 | -€2,250 | -41.7% |
| Taxes, remuneration and social security | 45 | €1,013 | €761 | -€252 | -24.8% |
| Taxes | 450/3 | €1,013 | €761 | -€252 | -24.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €60,773 | €88,878 | +€28,105 | +46.2% |
| Accrued charges and deferred income | 492/3 | €587 | €0 | -€587 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,787 | €9,063 | -€5,724 | -38.7% |
| Other operating charges | 640/8 | €1,956 | €1,900 | -€57 | -2.9% |
| Gross operating margin | 9900 | -€36,073 | -€29,867 | +€6,207 | +17.2% |
| Operating profit (loss) | 9901 | -€52,817 | -€40,829 | +€11,987 | +22.7% |
| Financial income | 75/76B | €23 | €348 | +€325 | +1,412% |
| Recurring financial income | 75 | €23 | €348 | +€325 | +1,412% |
| Financial charges | 65/66B | €219 | €138 | -€81 | -36.8% |
| Recurring financial charges | 65 | €219 | €138 | -€81 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | -€53,012 | -€40,619 | +€12,393 | +23.4% |
| Income taxes | 67/77 | €745 | €761 | +€16 | +2.2% |
| Profit (loss) for the period | 9904 | -€53,758 | -€41,381 | +€12,377 | +23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,758 | -€41,381 | +€12,377 | +23.0% |
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 29 October 2026 via checked.be.