CHESSEAU: 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.
CHESSEAU
Largest movements
- Tangible fixed assets -€31,997
down €31,997 (-10.2%), from €312,245 to €280,248
of which Land and buildings: -€24,231
- Receivables within one year -€4,387
down €4,387 (-7.2%), from €61,000 to €56,614
of which Trade receivables: -€6,286
- Other debts -€32,229
down €32,229 (-81.4%), from €39,596 to €7,367
- Profit (loss) carried forward -€5,716
down €5,716 (-9.6%), from -€59,386 to -€65,102
- Trade debts -€4,023
down €4,023 (-74.4%), from €5,410 to €1,387
- Gross operating margin -€11,089
down €11,089 (-23.7%), from €46,816 to €35,727
- Taxes -€3,317
down €3,317 (-60.1%), from €5,518 to €2,201
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 | €386,216 | €344,772 | -€41,444 | -10.7% |
| Fixed assets | 21/28 | €312,245 | €280,248 | -€31,997 | -10.2% |
| Tangible fixed assets | 22/27 | €312,245 | €280,248 | -€31,997 | -10.2% |
| Land and buildings | 22 | €297,801 | €273,570 | -€24,231 | -8.1% |
| Furniture and vehicles | 24 | €14,444 | €6,678 | -€7,766 | -53.8% |
| Current assets | 29/58 | €73,972 | €64,525 | -€9,447 | -12.8% |
| Stocks and contracts in progress | 3 | €2,805 | - | -€2,805 | |
| Stocks | 30/36 | €2,805 | - | -€2,805 | |
| Amounts receivable within one year | 40/41 | €61,000 | €56,614 | -€4,387 | -7.2% |
| Trade receivables | 40 | €7,907 | €1,621 | -€6,286 | -79.5% |
| Other amounts receivable | 41 | €53,093 | €54,992 | +€1,899 | +3.6% |
| Current investments | 50/53 | €4,500 | €4,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,866 | €3,411 | +€545 | +19.0% |
| Deferred charges and accrued income | 490/1 | €2,800 | - | -€2,800 | |
| Total equity and liabilities | 10/49 | €386,216 | €344,772 | -€41,444 | -10.7% |
| Equity | 10/15 | €147,470 | €141,754 | -€5,716 | -3.9% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €6,857 | €6,857 | = | 0.0% |
| Non-distributable reserves | 130/1 | €357 | €357 | = | 0.0% |
| Legal reserve | 130 | €357 | €357 | = | 0.0% |
| Distributable reserves | 133 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,386 | -€65,102 | -€5,716 | -9.6% |
| Amounts payable | 17/49 | €238,746 | €203,018 | -€35,728 | -15.0% |
| Amounts payable after more than one year | 17 | €188,223 | €188,223 | = | 0.0% |
| Other amounts payable | 178/9 | €188,223 | €188,223 | = | 0.0% |
| Amounts payable within one year | 42/48 | €50,523 | €14,795 | -€35,728 | -70.7% |
| Trade debts | 44 | €5,410 | €1,387 | -€4,023 | -74.4% |
| Suppliers | 440/4 | €5,410 | €1,387 | -€4,023 | -74.4% |
| Taxes, remuneration and social security | 45 | €5,518 | €6,042 | +€524 | +9.5% |
| Taxes | 450/3 | €5,518 | €6,042 | +€524 | +9.5% |
| Other amounts payable | 47/48 | €39,596 | €7,367 | -€32,229 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,331 | €33,902 | -€430 | -1.3% |
| Other operating charges | 640/8 | €8,478 | €8,113 | -€365 | -4.3% |
| Gross operating margin | 9900 | €46,816 | €35,727 | -€11,089 | -23.7% |
| Operating profit (loss) | 9901 | €4,006 | -€6,288 | -€10,294 | |
| Financial income | 75/76B | €2,925 | €3,000 | +€75 | +2.6% |
| Recurring financial income | 75 | €2,925 | €3,000 | +€75 | +2.6% |
| Financial charges | 65/66B | €265 | €227 | -€38 | -14.5% |
| Recurring financial charges | 65 | €265 | €227 | -€38 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €6,666 | -€3,515 | -€10,181 | |
| Income taxes | 67/77 | €5,518 | €2,201 | -€3,317 | -60.1% |
| Profit (loss) for the period | 9904 | €1,148 | -€5,716 | -€6,864 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,148 | -€5,716 | -€6,864 |
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 23 October 2026 via checked.be.