CHESS BELGIUM: 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.
CHESS BELGIUM
Largest movements
- Tangible fixed assets -€12,268
down €12,268 (-24.3%), from €50,408 to €38,140
of which Furniture and vehicles: -€10,496
- Receivables within one year -€7,640
down €7,640 (-53.2%), from €14,360 to €6,720
of which Other amounts receivable: -€3,962
- Cash +€5,814
up €5,814 (+147%), from €3,950 to €9,765
mainly Net result for the year (+€15,804) and Depreciation (+€12,268)
- Other debts -€34,326
down €34,326 (-79.7%), from €43,071 to €8,745
- Profit (loss) carried forward +€18,936
no longer reported in 2025 (was -€18,936)
- Contributions -€17,955
down €17,955 (-49.1%), from €36,555 to €18,600
- Reserves +€14,824
new in 2025: €14,824
- Tax, wage and social debts +€2,374
up €2,374 (+34.5%), from €6,876 to €9,250
- Gross operating margin -€15,576
down €15,576 (-29.6%), from €52,559 to €36,983
- Taxes -€2,941
down €2,941 (-26.3%), from €11,164 to €8,223
- Depreciation +€1,335
up €1,335 (+12.2%), from €10,933 to €12,268
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 | €68,848 | €54,754 | -€14,094 | -20.5% |
| Fixed assets | 21/28 | €50,538 | €38,270 | -€12,268 | -24.3% |
| Tangible fixed assets | 22/27 | €50,408 | €38,140 | -€12,268 | -24.3% |
| Furniture and vehicles | 24 | €43,320 | €32,824 | -€10,496 | -24.2% |
| Leasing and similar rights | 25 | €7,087 | €5,316 | -€1,772 | -25.0% |
| Financial fixed assets | 28 | €130 | €130 | = | 0.0% |
| Current assets | 29/58 | €18,310 | €16,484 | -€1,826 | -10.0% |
| Amounts receivable within one year | 40/41 | €14,360 | €6,720 | -€7,640 | -53.2% |
| Trade receivables | 40 | €10,397 | €6,720 | -€3,678 | -35.4% |
| Other amounts receivable | 41 | €3,962 | - | -€3,962 | |
| Cash at bank and in hand | 54/58 | €3,950 | €9,765 | +€5,814 | +147% |
| Total equity and liabilities | 10/49 | €68,848 | €54,754 | -€14,094 | -20.5% |
| Equity | 10/15 | €17,619 | €33,424 | +€15,804 | +89.7% |
| Contributions | 10/11 | €36,555 | €18,600 | -€17,955 | -49.1% |
| Reserves | 13 | - | €14,824 | +€14,824 | |
| Distributable reserves | 133 | - | €14,824 | +€14,824 | |
| Profit (loss) carried forward | 14 | -€18,936 | - | +€18,936 | |
| Amounts payable | 17/49 | €51,229 | €21,331 | -€29,898 | -58.4% |
| Amounts payable within one year | 42/48 | €51,229 | €21,331 | -€29,898 | -58.4% |
| Trade debts | 44 | €1,282 | €3,335 | +€2,054 | +160% |
| Suppliers | 440/4 | €1,282 | €3,335 | +€2,054 | +160% |
| Taxes, remuneration and social security | 45 | €6,876 | €9,250 | +€2,374 | +34.5% |
| Taxes | 450/3 | €6,876 | €9,250 | +€2,374 | +34.5% |
| Other amounts payable | 47/48 | €43,071 | €8,745 | -€34,326 | -79.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,933 | €12,268 | +€1,335 | +12.2% |
| Other operating charges | 640/8 | €1,103 | €628 | -€475 | -43.1% |
| Gross operating margin | 9900 | €52,559 | €36,983 | -€15,576 | -29.6% |
| Operating profit (loss) | 9901 | €40,523 | €24,087 | -€16,436 | -40.6% |
| Financial income | 75/76B | €0 | €6 | +€6 | +5,745% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +5,745% |
| Financial charges | 65/66B | €439 | €66 | -€373 | -85.0% |
| Recurring financial charges | 65 | €439 | €66 | -€373 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | €40,084 | €24,027 | -€16,056 | -40.1% |
| Income taxes | 67/77 | €11,164 | €8,223 | -€2,941 | -26.3% |
| Profit (loss) for the period | 9904 | €28,919 | €15,804 | -€13,115 | -45.4% |
| Profit (loss) for the period to be appropriated | 9905 | €28,919 | €15,804 | -€13,115 | -45.4% |
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 30 October 2026 via checked.be.