CHEMISPEC: 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.
CHEMISPEC
Largest movements
- Cash +€371,028
up €371,028 (+156%), from €237,885 to €608,913
mainly Trade debts (+€346,006) and Net result for the year (+€57,633)
- Receivables within one year -€16,403
down €16,403 (-63.1%), from €26,002 to €9,599
of which Other amounts receivable: -€16,600
- Receivables after one year +€10,000
new in 2025: €10,000
- Tangible fixed assets -€9,609
down €9,609 (-14.0%), from €68,593 to €58,984
of which Plant, machinery and equipment: -€15,764
- Trade debts +€346,006
up €346,006 (+805%), from €42,978 to €388,984
- Reserves +€57,633
up €57,633 (+26.9%), from €213,908 to €271,541
- Tax, wage and social debts -€48,623
down €48,623 (-69.9%), from €69,594 to €20,971
- Gross operating margin -€190,972
down €190,972 (-65.0%), from €293,804 to €102,832
- Taxes -€48,623
down €48,623 (-69.9%), from €69,594 to €20,971
- Depreciation +€7,032
up €7,032 (+68.8%), from €10,227 to €17,259
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 | €332,480 | €687,496 | +€355,016 | +107% |
| Fixed assets | 21/28 | €68,593 | €58,984 | -€9,609 | -14.0% |
| Tangible fixed assets | 22/27 | €68,593 | €58,984 | -€9,609 | -14.0% |
| Plant, machinery and equipment | 23 | €68,593 | €52,829 | -€15,764 | -23.0% |
| Furniture and vehicles | 24 | - | €6,155 | +€6,155 | |
| Current assets | 29/58 | €263,887 | €628,512 | +€364,625 | +138% |
| Amounts receivable after more than one year | 29 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 291 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €26,002 | €9,599 | -€16,403 | -63.1% |
| Trade receivables | 40 | - | €197 | +€197 | |
| Other amounts receivable | 41 | €26,002 | €9,402 | -€16,600 | -63.8% |
| Cash at bank and in hand | 54/58 | €237,885 | €608,913 | +€371,028 | +156% |
| Total equity and liabilities | 10/49 | €332,480 | €687,496 | +€355,016 | +107% |
| Equity | 10/15 | €218,908 | €276,541 | +€57,633 | +26.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €213,908 | €271,541 | +€57,633 | +26.9% |
| Distributable reserves | 133 | €213,908 | €271,541 | +€57,633 | +26.9% |
| Amounts payable | 17/49 | €113,572 | €410,955 | +€297,383 | +262% |
| Amounts payable within one year | 42/48 | €113,572 | €410,955 | +€297,383 | +262% |
| Trade debts | 44 | €42,978 | €388,984 | +€346,006 | +805% |
| Suppliers | 440/4 | €42,978 | €388,984 | +€346,006 | +805% |
| Taxes, remuneration and social security | 45 | €69,594 | €20,971 | -€48,623 | -69.9% |
| Taxes | 450/3 | €69,594 | €20,971 | -€48,623 | -69.9% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,227 | €17,259 | +€7,032 | +68.8% |
| Other operating charges | 640/8 | - | €866 | +€866 | |
| Non-recurring operating charges | 66A | - | €3,260 | +€3,260 | |
| Gross operating margin | 9900 | €293,804 | €102,832 | -€190,972 | -65.0% |
| Operating profit (loss) | 9901 | €283,577 | €81,447 | -€202,130 | -71.3% |
| Financial income | 75/76B | €2 | €10 | +€8 | +400% |
| Recurring financial income | 75 | €2 | €10 | +€8 | +400% |
| Financial charges | 65/66B | €77 | €2,853 | +€2,776 | +3,605% |
| Recurring financial charges | 65 | €77 | €2,853 | +€2,776 | +3,605% |
| Profit (loss) for the period before taxes | 9903 | €283,502 | €78,604 | -€204,898 | -72.3% |
| Income taxes | 67/77 | €69,594 | €20,971 | -€48,623 | -69.9% |
| Profit (loss) for the period | 9904 | €213,908 | €57,633 | -€156,275 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €213,908 | €57,633 | -€156,275 | -73.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.