CHEVROTINE: 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.
CHEVROTINE
Largest movements
- Receivables within one year +€11,369
up €11,369 (+154.1%), from €7,376 to €18,745
- Current investments -€10,000
down €10,000 (-9.1%), from €110,000 to €100,000
- Cash -€2,495
down €2,495 (-71.8%), from €3,476 to €981
mainly Receivables within one year (-€11,369) and Investment in fixed assets (net) (-€5,020)
- Tangible fixed assets -€2,280
down €2,280 (-4.6%), from €49,387 to €47,107
of which Land and buildings: -€4,530
- Profit (loss) carried forward -€3,999
down €3,999 (-6.2%), from €64,175 to €60,176
- Financial income -€2,201
down €2,201 (-61.4%), from €3,586 to €1,384
- Gross operating margin +€1,205
up €1,205 (+24.2%), from €4,977 to €6,182
- Depreciation +€247
up €247 (+3.5%), from €7,052 to €7,300
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.
Cash bridge derived
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 | €176,590 | €172,088 | -€4,503 | -2.5% |
| Fixed assets | 21/28 | €49,387 | €47,107 | -€2,280 | -4.6% |
| Tangible fixed assets | 22/27 | €49,387 | €47,107 | -€2,280 | -4.6% |
| Land and buildings | 22 | €31,335 | €26,805 | -€4,530 | -14.5% |
| Plant, machinery and equipment | 23 | €1,107 | €852 | -€255 | -23.1% |
| Other tangible fixed assets | 26 | €16,945 | €19,451 | +€2,506 | +14.8% |
| Current assets | 29/58 | €127,203 | €124,980 | -€2,223 | -1.7% |
| Stocks and contracts in progress | 3 | €2,420 | €2,420 | = | 0.0% |
| Stocks | 30/36 | €2,420 | €2,420 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,376 | €18,745 | +€11,369 | +154.1% |
| Other amounts receivable | 41 | €7,376 | €18,745 | +€11,369 | +154.1% |
| Current investments | 50/53 | €110,000 | €100,000 | -€10,000 | -9.1% |
| Cash at bank and in hand | 54/58 | €3,476 | €981 | -€2,495 | -71.8% |
| Deferred charges and accrued income | 490/1 | €3,931 | €2,834 | -€1,096 | -27.9% |
| Total equity and liabilities | 10/49 | €176,590 | €172,088 | -€4,503 | -2.5% |
| Equity | 10/15 | €176,087 | €172,088 | -€3,999 | -2.3% |
| Contributions | 10/11 | €95,446 | €95,446 | = | 0.0% |
| Capital | 10 | €95,446 | €95,446 | = | 0.0% |
| Issued capital | 100 | €95,446 | €95,446 | = | 0.0% |
| Reserves | 13 | €16,466 | €16,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €9,545 | €9,545 | = | 0.0% |
| Legal reserve | 130 | €9,545 | €9,545 | = | 0.0% |
| Distributable reserves | 133 | €6,922 | €6,922 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,175 | €60,176 | -€3,999 | -6.2% |
| Amounts payable | 17/49 | €503 | - | -€503 | |
| Amounts payable within one year | 42/48 | €503 | - | -€503 | |
| Taxes, remuneration and social security | 45 | €503 | - | -€503 | |
| Taxes | 450/3 | €503 | - | -€503 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,052 | €7,300 | +€247 | +3.5% |
| Other operating charges | 640/8 | €3,882 | €3,916 | +€34 | +0.9% |
| Gross operating margin | 9900 | €4,977 | €6,182 | +€1,205 | +24.2% |
| Operating profit (loss) | 9901 | -€5,958 | -€5,034 | +€924 | +15.5% |
| Financial income | 75/76B | €3,586 | €1,384 | -€2,201 | -61.4% |
| Recurring financial income | 75 | €3,586 | €1,384 | -€2,201 | -61.4% |
| Financial charges | 65/66B | €333 | €350 | +€17 | +5.1% |
| Recurring financial charges | 65 | €333 | €350 | +€17 | +5.1% |
| Profit (loss) for the period before taxes | 9903 | -€2,705 | -€3,999 | -€1,294 | -47.8% |
| Profit (loss) for the period | 9904 | -€2,705 | -€3,999 | -€1,294 | -47.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,705 | -€3,999 | -€1,294 | -47.8% |
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 11 October 2026 via checked.be.