CHELCAB: 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.
CHELCAB
Largest movements
- Cash +€81,879
up €81,879 (+184.7%), from €44,327 to €126,206
mainly Other debts (+€173,078) and Trade debts (+€39,480)
- Receivables within one year +€32,413
up €32,413 (+5.6%), from €580,051 to €612,464
of which Other amounts receivable: +€64,186
- Other debts +€173,078
new in 2025: €173,078
- Tax, wage and social debts -€92,206
down €92,206 (-33.9%), from €271,894 to €179,688
- Trade debts +€39,480
up €39,480 (+7569.5%), from €522 to €40,002
- Gross operating margin -€562,566
down €562,566 (-99.7%), from €564,534 to €1,968
- Taxes -€173,729
down €173,729, from €173,709 to -€21
- Depreciation +€10,704
up €10,704 (+299.3%), from €3,577 to €14,281
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 | €1,810,121 | €1,929,095 | +€118,974 | +6.6% |
| Fixed assets | 21/28 | €1,183,130 | €1,187,904 | +€4,774 | +0.4% |
| Tangible fixed assets | 22/27 | €1,183,130 | €1,187,904 | +€4,774 | +0.4% |
| Land and buildings | 22 | €1,150,000 | €1,150,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | - | €17,008 | +€17,008 | |
| Furniture and vehicles | 24 | €33,130 | €20,896 | -€12,234 | -36.9% |
| Current assets | 29/58 | €626,991 | €741,191 | +€114,201 | +18.2% |
| Amounts receivable within one year | 40/41 | €580,051 | €612,464 | +€32,413 | +5.6% |
| Trade receivables | 40 | €514,220 | €482,447 | -€31,773 | -6.2% |
| Other amounts receivable | 41 | €65,831 | €130,018 | +€64,186 | +97.5% |
| Cash at bank and in hand | 54/58 | €44,327 | €126,206 | +€81,879 | +184.7% |
| Deferred charges and accrued income | 490/1 | €2,613 | €2,521 | -€92 | -3.5% |
| Total equity and liabilities | 10/49 | €1,810,121 | €1,929,095 | +€118,974 | +6.6% |
| Equity | 10/15 | €1,537,588 | €1,518,868 | -€18,720 | -1.2% |
| Contributions | 10/11 | €1,152,500 | €1,152,500 | = | 0.0% |
| Reserves | 13 | €385,088 | €385,088 | = | 0.0% |
| Distributable reserves | 133 | €385,088 | €385,088 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€18,720 | -€18,720 | |
| Amounts payable | 17/49 | €272,533 | €410,228 | +€137,695 | +50.5% |
| Amounts payable after more than one year | 17 | - | €9,728 | +€9,728 | |
| Financial debts | 170/4 | - | €9,728 | +€9,728 | |
| Amounts payable within one year | 42/48 | €272,415 | €399,029 | +€126,614 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | - | €6,261 | +€6,261 | |
| Trade debts | 44 | €522 | €40,002 | +€39,480 | +7569.5% |
| Suppliers | 440/4 | €522 | €40,002 | +€39,480 | +7569.5% |
| Taxes, remuneration and social security | 45 | €271,894 | €179,688 | -€92,206 | -33.9% |
| Taxes | 450/3 | €271,894 | €179,688 | -€92,206 | -33.9% |
| Other amounts payable | 47/48 | - | €173,078 | +€173,078 | |
| Accrued charges and deferred income | 492/3 | €118 | €1,470 | +€1,352 | +1147.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,577 | €14,281 | +€10,704 | +299.3% |
| Other operating charges | 640/8 | €1,545 | €2,616 | +€1,071 | +69.3% |
| Gross operating margin | 9900 | €564,534 | €1,968 | -€562,566 | -99.7% |
| Operating profit (loss) | 9901 | €559,412 | -€14,930 | -€574,342 | |
| Financial income | 75/76B | €591 | €1,927 | +€1,336 | +226.2% |
| Recurring financial income | 75 | €591 | €1,927 | +€1,336 | +226.2% |
| Financial charges | 65/66B | €1,206 | €5,738 | +€4,532 | +375.7% |
| Recurring financial charges | 65 | €1,206 | €5,738 | +€4,532 | +375.7% |
| Profit (loss) for the period before taxes | 9903 | €558,797 | -€18,741 | -€577,538 | |
| Income taxes | 67/77 | €173,709 | -€21 | -€173,729 | |
| Profit (loss) for the period | 9904 | €385,088 | -€18,720 | -€403,808 | |
| Profit (loss) for the period to be appropriated | 9905 | €385,088 | -€18,720 | -€403,808 |
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 2 October 2026 via checked.be.