CHEMTECH: 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.
CHEMTECH
Largest movements
- Cash +€34,520
up €34,520 (+14.0%), from €246,907 to €281,426
mainly Current portion of long-term debt (+€350,000) and Net result for the year (+€27,203)
- Tangible fixed assets -€23,564
down €23,564 (-6.4%), from €368,465 to €344,901
of which Land and buildings: -€17,831
- Debts after one year -€350,000
down €350,000 (-100%), from €350,000 to €0
- Current portion of long-term debt +€350,000
new in 2025: €350,000
- Profit (loss) carried forward +€27,203
up €27,203 (+5.6%), from €487,935 to €515,138
- Gross operating margin -€17,045
down €17,045 (-20.2%), from €84,244 to €67,199
- Taxes +€7,095
up €7,095 (+217%), from €3,272 to €10,367
- Financial income +€2,046
up €2,046 (+71.9%), from €2,845 to €4,891
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 | €1,105,966 | €1,131,772 | +€25,806 | +2.3% |
| Fixed assets | 21/28 | €471,671 | €447,619 | -€24,052 | -5.1% |
| Intangible fixed assets | 21 | €8,519 | €8,031 | -€488 | -5.7% |
| Tangible fixed assets | 22/27 | €368,465 | €344,901 | -€23,564 | -6.4% |
| Land and buildings | 22 | €347,288 | €329,457 | -€17,831 | -5.1% |
| Furniture and vehicles | 24 | €21,177 | €15,445 | -€5,732 | -27.1% |
| Financial fixed assets | 28 | €94,687 | €94,687 | = | 0.0% |
| Current assets | 29/58 | €634,295 | €684,153 | +€49,858 | +7.9% |
| Amounts receivable within one year | 40/41 | €30,304 | €34,956 | +€4,652 | +15.4% |
| Trade receivables | 40 | €27,685 | €28,828 | +€1,144 | +4.1% |
| Other amounts receivable | 41 | €2,620 | €6,128 | +€3,508 | +134% |
| Current investments | 50/53 | €357,084 | €367,770 | +€10,686 | +3.0% |
| Cash at bank and in hand | 54/58 | €246,907 | €281,426 | +€34,520 | +14.0% |
| Total equity and liabilities | 10/49 | €1,105,966 | €1,131,772 | +€25,806 | +2.3% |
| Equity | 10/15 | €752,068 | €779,271 | +€27,203 | +3.6% |
| Contributions | 10/11 | €190,485 | €190,485 | = | 0.0% |
| Capital | 10 | €190,485 | €190,485 | = | 0.0% |
| Issued capital | 100 | €190,485 | €190,485 | = | 0.0% |
| Reserves | 13 | €73,649 | €73,649 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,049 | €19,049 | = | 0.0% |
| Legal reserve | 130 | €19,049 | €19,049 | = | 0.0% |
| Distributable reserves | 133 | €54,600 | €54,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €487,935 | €515,138 | +€27,203 | +5.6% |
| Amounts payable | 17/49 | €353,898 | €352,501 | -€1,397 | -0.4% |
| Amounts payable after more than one year | 17 | €350,000 | €0 | -€350,000 | -100% |
| Financial debts | 170/4 | €350,000 | €0 | -€350,000 | -100% |
| Amounts payable within one year | 42/48 | €3,898 | €352,501 | +€348,603 | +8,944% |
| Current portion of amounts payable after more than one year | 42 | - | €350,000 | +€350,000 | |
| Trade debts | 44 | €3,207 | €1,438 | -€1,769 | -55.2% |
| Suppliers | 440/4 | €3,207 | €1,438 | -€1,769 | -55.2% |
| Taxes, remuneration and social security | 45 | €535 | €535 | = | 0.0% |
| Taxes | 450/3 | €535 | €535 | = | 0.0% |
| Other amounts payable | 47/48 | €156 | €528 | +€372 | +238% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,133 | €25,249 | +€116 | +0.5% |
| Other operating charges | 640/8 | €3,056 | €2,814 | -€242 | -7.9% |
| Gross operating margin | 9900 | €84,244 | €67,199 | -€17,045 | -20.2% |
| Operating profit (loss) | 9901 | €56,056 | €39,136 | -€16,920 | -30.2% |
| Financial income | 75/76B | €2,845 | €4,891 | +€2,046 | +71.9% |
| Recurring financial income | 75 | €2,845 | €4,891 | +€2,046 | +71.9% |
| Financial charges | 65/66B | €6,722 | €6,458 | -€264 | -3.9% |
| Recurring financial charges | 65 | €6,722 | €6,458 | -€264 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €52,179 | €37,570 | -€14,609 | -28.0% |
| Income taxes | 67/77 | €3,272 | €10,367 | +€7,095 | +217% |
| Profit (loss) for the period | 9904 | €48,907 | €27,203 | -€21,704 | -44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,907 | €27,203 | -€21,704 | -44.4% |
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 15 October 2026 via checked.be.