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Chèvremont Development: what changed

Two fiscal 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.

What changed

Chèvremont Development

BE 0707.538.289
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€18,129
2023 · -€24,245+€6,116
Equity
-€178,778
2023 · -€160,649-€18,129
Cash
€204
2023 · €6,670-€6,466
Balance sheet total
€299,482
2023 · €295,091+€4,391

Largest movements

2023 to 2024
Assets
  • Financial fixed assets +€10,857

    up €10,857 (+3.8%), from €288,421 to €299,277

  • Cash -€6,466

    down €6,466 (-96.9%), from €6,670 to €204

    mainly Net result for the year (-€18,129) and Investment in fixed assets (net) (-€10,857)

Equity and liabilities
  • Debts after one year +€18,168

    up €18,168 (+4.0%), from €454,206 to €472,374

  • Profit (loss) carried forward -€18,129

    down €18,129 (-10.1%), from -€179,249 to -€197,378

  • Trade debts +€4,352

    up €4,352 (+283.7%), from €1,534 to €5,886

Income statement
  • Gross operating margin +€5,269

    up €5,269 (+34.6%), from -€15,249 to -€9,980

  • Financial income +€1,255

    up €1,255 (+13.1%), from €9,602 to €10,857

  • Financial charges +€405

    up €405 (+2.2%), from €18,214 to €18,619

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€24,245
Gross operating margin +€5,269
Other operating charges -€3
Financial income +€1,255
Financial charges -€405
Result 2024 -€18,129

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€13,778
Investment -€10,857
Financing +€18,168
Cash 2023 €6,670
Net result for the year -€18,129
Trade debts +€4,352
Investment in fixed assets (net) -€10,857
Debts after one year +€18,168
Cash 2024 €204
Every line side by side 25 lines
Line Code 2023 2024 Change %
Total assets 20/58 €295,091 €299,482 +€4,391 +1.5%
Fixed assets 21/28 €288,421 €299,277 +€10,857 +3.8%
Financial fixed assets 28 €288,421 €299,277 +€10,857 +3.8%
Current assets 29/58 €6,670 €204 -€6,466 -96.9%
Cash at bank and in hand 54/58 €6,670 €204 -€6,466 -96.9%
Total equity and liabilities 10/49 €295,091 €299,482 +€4,391 +1.5%
Equity 10/15 -€160,649 -€178,778 -€18,129 -11.3%
Contributions 10/11 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 -€179,249 -€197,378 -€18,129 -10.1%
Amounts payable 17/49 €455,740 €478,260 +€22,520 +4.9%
Amounts payable after more than one year 17 €454,206 €472,374 +€18,168 +4.0%
Other amounts payable 178/9 €454,206 €472,374 +€18,168 +4.0%
Amounts payable within one year 42/48 €1,534 €5,886 +€4,352 +283.7%
Trade debts 44 €1,534 €5,886 +€4,352 +283.7%
Suppliers 440/4 €1,534 €5,886 +€4,352 +283.7%
Other operating charges 640/8 €384 €387 +€3 +0.8%
Gross operating margin 9900 -€15,249 -€9,980 +€5,269 +34.6%
Operating profit (loss) 9901 -€15,633 -€10,367 +€5,266 +33.7%
Financial income 75/76B €9,602 €10,857 +€1,255 +13.1%
Recurring financial income 75 €9,602 €10,857 +€1,255 +13.1%
Financial charges 65/66B €18,214 €18,619 +€405 +2.2%
Recurring financial charges 65 €18,214 €18,619 +€405 +2.2%
Profit (loss) for the period before taxes 9903 -€24,245 -€18,129 +€6,116 +25.2%
Profit (loss) for the period 9904 -€24,245 -€18,129 +€6,116 +25.2%
Profit (loss) for the period to be appropriated 9905 -€24,245 -€18,129 +€6,116 +25.2%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.