CHEMACH: 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.
CHEMACH
Largest movements
- Cash +€145,378
up €145,378 (+313%), from €46,499 to €191,878
mainly Current investments (+€143,510) and Depreciation (+€88,508)
- Current investments -€143,510
down €143,510 (-16.3%), from €880,100 to €736,590
- Tangible fixed assets -€88,508
down €88,508 (-4.6%), from €1.9m to €1.9m
of which Land and buildings: -€72,562
- Profit (loss) carried forward -€74,734
down €74,734 (-3.2%), from €2.3m to €2.3m
- Reserves -€35,000
down €35,000 (-17.4%), from €201,635 to €166,635
of which Non-distributable reserves: -€35,000
- Other debts +€34,327
up €34,327 (+9.0%), from €381,716 to €416,043
- Gross operating margin -€42,569
down €42,569 (-93.5%), from €45,513 to €2,943
- Financial income +€3,963
up €3,963 (+8.6%), from €46,222 to €50,185
of which Financial income: +€18,157
- Financial charges -€2,346
down €2,346 (-7.3%), from €32,190 to €29,844
- Depreciation +€2,244
up €2,244 (+2.6%), from €86,264 to €88,508
- Other operating charges -€498
down €498 (-5.5%), from €9,069 to €8,571
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 | €3,035,563 | €2,960,284 | -€75,280 | -2.5% |
| Fixed assets | 21/28 | €1,943,531 | €1,855,022 | -€88,508 | -4.6% |
| Tangible fixed assets | 22/27 | €1,943,524 | €1,855,016 | -€88,508 | -4.6% |
| Land and buildings | 22 | €1,877,871 | €1,805,309 | -€72,562 | -3.9% |
| Plant, machinery and equipment | 23 | €3,210 | €1,337 | -€1,873 | -58.3% |
| Furniture and vehicles | 24 | €62,443 | €48,370 | -€14,073 | -22.5% |
| Financial fixed assets | 28 | €6 | €6 | = | 0.0% |
| Current assets | 29/58 | €1,092,033 | €1,105,261 | +€13,228 | +1.2% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,604 | €22,796 | +€11,192 | +96.5% |
| Trade receivables | 40 | €6,176 | €9,711 | +€3,535 | +57.2% |
| Other amounts receivable | 41 | €5,428 | €13,085 | +€7,657 | +141% |
| Current investments | 50/53 | €880,100 | €736,590 | -€143,510 | -16.3% |
| Cash at bank and in hand | 54/58 | €46,499 | €191,878 | +€145,378 | +313% |
| Deferred charges and accrued income | 490/1 | €3,830 | €3,997 | +€168 | +4.4% |
| Total equity and liabilities | 10/49 | €3,035,563 | €2,960,284 | -€75,280 | -2.5% |
| Equity | 10/15 | €2,632,062 | €2,522,328 | -€109,734 | -4.2% |
| Contributions | 10/11 | €86,350 | €86,350 | = | 0.0% |
| Reserves | 13 | €201,635 | €166,635 | -€35,000 | -17.4% |
| Non-distributable reserves | 130/1 | €35,000 | - | -€35,000 | |
| Reserves not available under the articles | 1311 | €35,000 | - | -€35,000 | |
| Distributable reserves | 133 | €166,635 | €166,635 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,344,077 | €2,269,343 | -€74,734 | -3.2% |
| Amounts payable | 17/49 | €403,502 | €437,955 | +€34,454 | +8.5% |
| Amounts payable within one year | 42/48 | €399,266 | €434,963 | +€35,697 | +8.9% |
| Trade debts | 44 | €3,608 | €3,788 | +€180 | +5.0% |
| Suppliers | 440/4 | €3,608 | €3,788 | +€180 | +5.0% |
| Taxes, remuneration and social security | 45 | €13,942 | €15,133 | +€1,190 | +8.5% |
| Taxes | 450/3 | €13,942 | €15,133 | +€1,190 | +8.5% |
| Other amounts payable | 47/48 | €381,716 | €416,043 | +€34,327 | +9.0% |
| Accrued charges and deferred income | 492/3 | €4,236 | €2,992 | -€1,244 | -29.4% |
| Non-recurring operating income | 76A | €13,281 | - | -€13,281 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,264 | €88,508 | +€2,244 | +2.6% |
| Other operating charges | 640/8 | €9,069 | €8,571 | -€498 | -5.5% |
| Non-recurring operating charges | 66A | €4,234 | €63 | -€4,172 | -98.5% |
| Gross operating margin | 9900 | €45,513 | €2,943 | -€42,569 | -93.5% |
| Operating profit (loss) | 9901 | -€54,054 | -€94,199 | -€40,144 | -74.3% |
| Financial income | 75/76B | €46,222 | €50,185 | +€3,963 | +8.6% |
| Recurring financial income | 75 | €26,226 | €44,383 | +€18,157 | +69.2% |
| Non-recurring financial income | 76B | €19,995 | €5,802 | -€14,194 | -71.0% |
| Financial charges | 65/66B | €32,190 | €29,844 | -€2,346 | -7.3% |
| Recurring financial charges | 65 | €32,190 | €29,844 | -€2,346 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€40,023 | -€73,859 | -€33,836 | -84.5% |
| Income taxes | 67/77 | €557 | €875 | +€318 | +57.1% |
| Profit (loss) for the period | 9904 | -€40,580 | -€74,734 | -€34,154 | -84.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,580 | -€74,734 | -€34,154 | -84.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.