CHEMIN FAISANT: 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.
CHEMIN FAISANT
Largest movements
- Cash +€71,434
up €71,434 (+14.4%), from €495,282 to €566,716
mainly Debts within one year (+€252,295) and Net result for the year (+€5,469)
- Receivables within one year +€7,092
up €7,092 (+11.7%), from €60,702 to €67,794
- Debts within one year +€252,295
up €252,295 (+68.6%), from €367,967 to €620,262
- Accrued charges and deferred income -€179,400
down €179,400 (-98.6%), from €181,871 to €2,471
- Gross operating margin +€65,156
up €65,156 (+13.0%), from €502,560 to €567,716
- Staff costs +€65,099
up €65,099 (+13.0%), from €498,956 to €564,055
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 | €564,734 | €643,098 | +€78,364 | +13.9% |
| Fixed assets | 21/28 | €894 | €580 | -€314 | -35.1% |
| Tangible fixed assets | 22/27 | €314 | €0 | -€314 | -100% |
| Furniture and vehicles | 24 | €314 | €0 | -€314 | -100% |
| Financial fixed assets | 28 | €580 | €580 | = | 0.0% |
| Current assets | 29/58 | €563,841 | €642,518 | +€78,677 | +14.0% |
| Amounts receivable within one year | 40/41 | €60,702 | €67,794 | +€7,092 | +11.7% |
| Other amounts receivable | 41 | €60,702 | €67,794 | +€7,092 | +11.7% |
| Cash at bank and in hand | 54/58 | €495,282 | €566,716 | +€71,434 | +14.4% |
| Deferred charges and accrued income | 490/1 | €7,857 | €8,009 | +€152 | +1.9% |
| Total equity and liabilities | 10/49 | €564,734 | €643,098 | +€78,364 | +13.9% |
| Equity | 10/15 | €14,897 | €20,366 | +€5,469 | +36.7% |
| Contributions | 10/11 | €17,531 | €23,000 | +€5,469 | +31.2% |
| Capital | 10 | €17,531 | €23,000 | +€5,469 | +31.2% |
| Profit (loss) carried forward | 14 | -€2,634 | -€2,634 | = | 0.0% |
| Amounts payable | 17/49 | €549,838 | €622,732 | +€72,894 | +13.3% |
| Amounts payable within one year | 42/48 | €367,967 | €620,262 | +€252,295 | +68.6% |
| Trade debts | 44 | €1,276 | €4,495 | +€3,219 | +252% |
| Suppliers | 440/4 | €1,276 | €4,495 | +€3,219 | +252% |
| Taxes, remuneration and social security | 45 | €89,358 | €106,490 | +€17,132 | +19.2% |
| Taxes | 450/3 | €14,431 | €16,706 | +€2,275 | +15.8% |
| Remuneration and social security | 454/9 | €74,927 | €89,784 | +€14,857 | +19.8% |
| Accrued charges and deferred income | 492/3 | €181,871 | €2,471 | -€179,400 | -98.6% |
| Remuneration, social security and pensions | 62 | €498,956 | €564,055 | +€65,099 | +13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,361 | €314 | -€1,048 | -77.0% |
| Other operating charges | 640/8 | €179 | €185 | +€6 | +3.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €502,560 | €567,716 | +€65,156 | +13.0% |
| Operating profit (loss) | 9901 | €2,063 | €3,163 | +€1,099 | +53.3% |
| Financial income | 75/76B | €3,558 | €3,363 | -€195 | -5.5% |
| Recurring financial income | 75 | €3,558 | €3,363 | -€195 | -5.5% |
| Financial charges | 65/66B | €50 | €48 | -€3 | -5.2% |
| Recurring financial charges | 65 | €50 | €48 | -€3 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | €5,571 | €6,478 | +€907 | +16.3% |
| Income taxes | 67/77 | €1,067 | €1,009 | -€58 | -5.5% |
| Profit (loss) for the period | 9904 | €4,504 | €5,469 | +€966 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,504 | €5,469 | +€966 | +21.4% |
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.