CHESSEUROPE: 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.
CHESSEUROPE
Largest movements
- Receivables within one year +€82,307
up €82,307 (+294%), from €28,008 to €110,316
of which Trade receivables: +€84,735
- Cash +€60,496
up €60,496 (+20.0%), from €302,492 to €362,988
mainly Net result for the year (+€129,219) and Tax, wage and social debts (+€9,392)
- Reserves +€129,219
up €129,219 (+46.7%), from €276,453 to €405,672
- Tax, wage and social debts +€9,392
up €9,392 (+21.8%), from €43,120 to €52,512
- Gross operating margin +€94,474
up €94,474 (+99.6%), from €94,883 to €189,357
- Taxes +€31,421
up €31,421 (+118%), from €26,685 to €58,106
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 | €333,977 | €473,912 | +€139,935 | +41.9% |
| Fixed assets | 21/28 | €1,044 | - | -€1,044 | |
| Tangible fixed assets | 22/27 | €1,044 | - | -€1,044 | |
| Plant, machinery and equipment | 23 | €1,044 | - | -€1,044 | |
| Current assets | 29/58 | €332,933 | €473,912 | +€140,979 | +42.3% |
| Amounts receivable within one year | 40/41 | €28,008 | €110,316 | +€82,307 | +294% |
| Trade receivables | 40 | €25,581 | €110,316 | +€84,735 | +331% |
| Other amounts receivable | 41 | €2,428 | - | -€2,428 | |
| Cash at bank and in hand | 54/58 | €302,492 | €362,988 | +€60,496 | +20.0% |
| Deferred charges and accrued income | 490/1 | €2,433 | €608 | -€1,825 | -75.0% |
| Total equity and liabilities | 10/49 | €333,977 | €473,912 | +€139,935 | +41.9% |
| Equity | 10/15 | €281,453 | €410,672 | +€129,219 | +45.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €276,453 | €405,672 | +€129,219 | +46.7% |
| Distributable reserves | 133 | €276,453 | €405,672 | +€129,219 | +46.7% |
| Amounts payable | 17/49 | €52,524 | €63,240 | +€10,716 | +20.4% |
| Amounts payable within one year | 42/48 | €52,524 | €63,240 | +€10,716 | +20.4% |
| Trade debts | 44 | €900 | €914 | +€14 | +1.6% |
| Suppliers | 440/4 | €900 | €914 | +€14 | +1.6% |
| Taxes, remuneration and social security | 45 | €43,120 | €52,512 | +€9,392 | +21.8% |
| Taxes | 450/3 | €43,120 | €52,512 | +€9,392 | +21.8% |
| Other amounts payable | 47/48 | €8,504 | €9,814 | +€1,310 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,139 | €1,044 | -€95 | -8.3% |
| Other operating charges | 640/8 | €899 | €928 | +€30 | +3.3% |
| Gross operating margin | 9900 | €94,883 | €189,357 | +€94,474 | +99.6% |
| Operating profit (loss) | 9901 | €92,845 | €187,385 | +€94,539 | +102% |
| Financial charges | 65/66B | €54 | €60 | +€6 | +11.0% |
| Recurring financial charges | 65 | €54 | €60 | +€6 | +11.0% |
| Profit (loss) for the period before taxes | 9903 | €92,791 | €187,325 | +€94,533 | +102% |
| Income taxes | 67/77 | €26,685 | €58,106 | +€31,421 | +118% |
| Profit (loss) for the period | 9904 | €66,106 | €129,219 | +€63,113 | +95.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,106 | €129,219 | +€63,113 | +95.5% |
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 24 October 2026 via checked.be.