CHEVALIER C: 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.
CHEVALIER C
Largest movements
- Cash -€180,161
down €180,161 (-34.3%), from €524,873 to €344,713
mainly Contributions, distributions and other (-€200,000) and Other debts (-€156,661)
- Receivables within one year -€12,478
down €12,478 (-21.6%), from €57,866 to €45,389
of which Other amounts receivable: -€49,419
- Tangible fixed assets +€12,367
up €12,367 (+613%), from €2,018 to €14,385
of which Furniture and vehicles: +€12,783
- Other debts -€156,661
down €156,661 (-56.6%), from €276,661 to €120,000
- Reserves -€13,449
down €13,449 (-2.1%), from €637,665 to €624,216
of which Distributable reserves: -€13,449
- Taxes +€13,633
up €13,633 (+24.6%), from €55,399 to €69,032
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 | €937,896 | €763,501 | -€174,395 | -18.6% |
| Fixed assets | 21/28 | €2,043 | €14,410 | +€12,367 | +605% |
| Tangible fixed assets | 22/27 | €2,018 | €14,385 | +€12,367 | +613% |
| Plant, machinery and equipment | 23 | €741 | €325 | -€416 | -56.2% |
| Furniture and vehicles | 24 | €1,277 | €14,060 | +€12,783 | +1,001% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €935,852 | €749,091 | -€186,761 | -20.0% |
| Amounts receivable within one year | 40/41 | €57,866 | €45,389 | -€12,478 | -21.6% |
| Trade receivables | 40 | - | €36,941 | +€36,941 | |
| Other amounts receivable | 41 | €57,866 | €8,448 | -€49,419 | -85.4% |
| Current investments | 50/53 | €351,576 | €357,392 | +€5,816 | +1.7% |
| Cash at bank and in hand | 54/58 | €524,873 | €344,713 | -€180,161 | -34.3% |
| Deferred charges and accrued income | 490/1 | €1,536 | €1,597 | +€61 | +4.0% |
| Total equity and liabilities | 10/49 | €937,896 | €763,501 | -€174,395 | -18.6% |
| Equity | 10/15 | €656,265 | €642,816 | -€13,449 | -2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €637,665 | €624,216 | -€13,449 | -2.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €635,805 | €622,356 | -€13,449 | -2.1% |
| Amounts payable | 17/49 | €281,631 | €120,685 | -€160,945 | -57.1% |
| Amounts payable within one year | 42/48 | €279,286 | €120,685 | -€158,600 | -56.8% |
| Trade debts | 44 | €2,625 | €685 | -€1,939 | -73.9% |
| Suppliers | 440/4 | €2,625 | €685 | -€1,939 | -73.9% |
| Other amounts payable | 47/48 | €276,661 | €120,000 | -€156,661 | -56.6% |
| Accrued charges and deferred income | 492/3 | €2,345 | - | -€2,345 | |
| Turnover | 70 | €339,639 | €340,534 | +€896 | +0.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €90,792 | €90,938 | +€146 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €431 | €930 | +€499 | +116% |
| Other operating charges | 640/8 | €485 | €561 | +€76 | +15.6% |
| Gross operating margin | 9900 | €250,841 | €251,454 | +€613 | +0.2% |
| Operating profit (loss) | 9901 | €249,925 | €249,964 | +€39 | 0.0% |
| Financial income | 75/76B | €7,926 | €5,816 | -€2,110 | -26.6% |
| Recurring financial income | 75 | €3,127 | €5,816 | +€2,689 | +86.0% |
| Non-recurring financial income | 76B | €4,800 | - | -€4,800 | |
| Financial charges | 65/66B | €380 | €196 | -€184 | -48.3% |
| Recurring financial charges | 65 | €117 | €196 | +€80 | +68.1% |
| Non-recurring financial charges | 66B | €263 | - | -€263 | |
| Profit (loss) for the period before taxes | 9903 | €257,471 | €255,583 | -€1,888 | -0.7% |
| Income taxes | 67/77 | €55,399 | €69,032 | +€13,633 | +24.6% |
| Profit (loss) for the period | 9904 | €202,072 | €186,551 | -€15,521 | -7.7% |
| Profit (loss) for the period to be appropriated | 9905 | €202,072 | €186,551 | -€15,521 | -7.7% |
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 18 October 2026 via checked.be.