CHEMCO: 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.
CHEMCO
Largest movements
- Current investments +€450,000
up €450,000 (+64.3%), from €700,000 to €1.2m
- Receivables within one year -€222,688
down €222,688 (-22.5%), from €991,141 to €768,452
of which Trade receivables: -€235,253
- Cash -€151,969
down €151,969 (-11.9%), from €1.3m to €1.1m
mainly Current investments (-€450,000) and Trade debts (-€179,649)
- Reserves +€186,255
up €186,255 (+8.3%), from €2.2m to €2.4m
of which Distributable reserves: +€186,255
- Trade debts -€179,649
down €179,649 (-24.1%), from €744,788 to €565,140
- Other debts +€50,420
up €50,420 (+29.9%), from €168,392 to €218,812
- Gross operating margin -€22,880
down €22,880 (-6.8%), from €334,401 to €311,521
- Financial income +€10,040
up €10,040 (+31.0%), from €32,432 to €42,472
- Depreciation -€9,870
down €9,870 (-24.1%), from €40,943 to €31,073
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 | €3,256,994 | €3,318,515 | +€61,521 | +1.9% |
| Fixed assets | 21/28 | €201,715 | €192,906 | -€8,809 | -4.4% |
| Tangible fixed assets | 22/27 | €201,715 | €192,906 | -€8,809 | -4.4% |
| Furniture and vehicles | 24 | €9,017 | €7,990 | -€1,026 | -11.4% |
| Other tangible fixed assets | 26 | €192,698 | €184,916 | -€7,782 | -4.0% |
| Current assets | 29/58 | €3,055,280 | €3,125,609 | +€70,330 | +2.3% |
| Stocks and contracts in progress | 3 | €75,378 | €76,145 | +€767 | +1.0% |
| Stocks | 30/36 | €75,378 | €76,145 | +€767 | +1.0% |
| Amounts receivable within one year | 40/41 | €991,141 | €768,452 | -€222,688 | -22.5% |
| Trade receivables | 40 | €920,119 | €684,866 | -€235,253 | -25.6% |
| Other amounts receivable | 41 | €71,022 | €83,586 | +€12,564 | +17.7% |
| Current investments | 50/53 | €700,000 | €1,150,000 | +€450,000 | +64.3% |
| Cash at bank and in hand | 54/58 | €1,276,767 | €1,124,798 | -€151,969 | -11.9% |
| Deferred charges and accrued income | 490/1 | €11,994 | €6,214 | -€5,780 | -48.2% |
| Total equity and liabilities | 10/49 | €3,256,994 | €3,318,515 | +€61,521 | +1.9% |
| Equity | 10/15 | €2,305,263 | €2,491,518 | +€186,255 | +8.1% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €2,240,263 | €2,426,518 | +€186,255 | +8.3% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Distributable reserves | 133 | €2,233,763 | €2,420,018 | +€186,255 | +8.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €951,731 | €826,997 | -€124,734 | -13.1% |
| Amounts payable within one year | 42/48 | €951,731 | €826,997 | -€124,734 | -13.1% |
| Trade debts | 44 | €744,788 | €565,140 | -€179,649 | -24.1% |
| Suppliers | 440/4 | €744,788 | €565,140 | -€179,649 | -24.1% |
| Taxes, remuneration and social security | 45 | €38,551 | €43,046 | +€4,495 | +11.7% |
| Taxes | 450/3 | €38,551 | €43,046 | +€4,495 | +11.7% |
| Other amounts payable | 47/48 | €168,392 | €218,812 | +€50,420 | +29.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,943 | €31,073 | -€9,870 | -24.1% |
| Other operating charges | 640/8 | €2,240 | €179 | -€2,061 | -92.0% |
| Gross operating margin | 9900 | €334,401 | €311,521 | -€22,880 | -6.8% |
| Operating profit (loss) | 9901 | €291,218 | €280,269 | -€10,949 | -3.8% |
| Financial income | 75/76B | €32,432 | €42,472 | +€10,040 | +31.0% |
| Recurring financial income | 75 | €32,432 | €42,472 | +€10,040 | +31.0% |
| Financial charges | 65/66B | €3,380 | €4,490 | +€1,110 | +32.8% |
| Recurring financial charges | 65 | €3,380 | €4,490 | +€1,110 | +32.8% |
| Profit (loss) for the period before taxes | 9903 | €320,270 | €318,251 | -€2,018 | -0.6% |
| Income taxes | 67/77 | €84,531 | €81,997 | -€2,534 | -3.0% |
| Profit (loss) for the period | 9904 | €235,739 | €236,255 | +€516 | +0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €235,739 | €236,255 | +€516 | +0.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.