CHIAL: 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.
CHIAL
Largest movements
- Receivables within one year -€122,403
down €122,403 (-85.6%), from €143,065 to €20,662
of which Other amounts receivable: -€96,261
- Cash +€103,013
up €103,013 (+3,749%), from €2,748 to €105,761
mainly Receivables within one year (+€122,403) and Net result for the year (+€36,560)
- Tangible fixed assets -€13,485
down €13,485 (-3.0%), from €450,898 to €437,414
of which Land and buildings: -€15,900
- Reserves +€36,560
up €36,560 (+46.3%), from €78,905 to €115,466
- Short-term financial debts -€34,672
down €34,672 (-100%), from €34,672 to €0
- Debts after one year -€17,217
down €17,217 (-4.9%), from €354,121 to €336,904
- Other debts -€16,893
down €16,893 (-21.3%), from €79,453 to €62,560
- Current portion of long-term debt -€7,263
down €7,263 (-25.3%), from €28,751 to €21,488
- Gross operating margin +€32,888
up €32,888 (+55.3%), from €59,440 to €92,328
- Depreciation +€14,441
up €14,441 (+179%), from €8,048 to €22,489
- Financial charges +€13,414
up €13,414 (+345%), from €3,889 to €17,303
- Other operating charges -€1,735
down €1,735 (-52.9%), from €3,277 to €1,543
- Taxes +€1,471
up €1,471 (+10.7%), from €13,794 to €15,265
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 | €609,152 | €574,470 | -€34,682 | -5.7% |
| Fixed assets | 21/28 | €463,339 | €448,047 | -€15,292 | -3.3% |
| Intangible fixed assets | 21 | €9,941 | €8,133 | -€1,808 | -18.2% |
| Tangible fixed assets | 22/27 | €450,898 | €437,414 | -€13,485 | -3.0% |
| Land and buildings | 22 | €437,780 | €421,880 | -€15,900 | -3.6% |
| Plant, machinery and equipment | 23 | €10,085 | €13,778 | +€3,693 | +36.6% |
| Furniture and vehicles | 24 | €1,432 | €955 | -€477 | -33.3% |
| Other tangible fixed assets | 26 | €1,601 | €801 | -€801 | -50.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €145,813 | €126,423 | -€19,390 | -13.3% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €143,065 | €20,662 | -€122,403 | -85.6% |
| Trade receivables | 40 | €45,059 | €18,917 | -€26,142 | -58.0% |
| Other amounts receivable | 41 | €98,006 | €1,745 | -€96,261 | -98.2% |
| Cash at bank and in hand | 54/58 | €2,748 | €105,761 | +€103,013 | +3,749% |
| Total equity and liabilities | 10/49 | €609,152 | €574,470 | -€34,682 | -5.7% |
| Equity | 10/15 | €96,002 | €132,562 | +€36,560 | +38.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,905 | €115,466 | +€36,560 | +46.3% |
| Distributable reserves | 133 | €78,905 | €115,466 | +€36,560 | +46.3% |
| Profit (loss) carried forward | 14 | €10,896 | €10,896 | = | 0.0% |
| Amounts payable | 17/49 | €513,150 | €441,908 | -€71,242 | -13.9% |
| Amounts payable after more than one year | 17 | €354,121 | €336,904 | -€17,217 | -4.9% |
| Financial debts | 170/4 | €354,121 | €336,904 | -€17,217 | -4.9% |
| Amounts payable within one year | 42/48 | €159,029 | €105,004 | -€54,025 | -34.0% |
| Current portion of amounts payable after more than one year | 42 | €28,751 | €21,488 | -€7,263 | -25.3% |
| Financial debts | 43 | €34,672 | €0 | -€34,672 | -100% |
| Credit institutions | 430/8 | €34,672 | €0 | -€34,672 | -100% |
| Trade debts | 44 | €11,860 | €13,919 | +€2,059 | +17.4% |
| Suppliers | 440/4 | €11,860 | €13,919 | +€2,059 | +17.4% |
| Advances received on contracts in progress | 46 | €618 | €618 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,676 | €6,420 | +€2,744 | +74.6% |
| Taxes | 450/3 | €3,676 | €6,420 | +€2,744 | +74.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €79,453 | €62,560 | -€16,893 | -21.3% |
| Remuneration, social security and pensions | 62 | €1,239 | €0 | -€1,239 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,048 | €22,489 | +€14,441 | +179% |
| Other operating charges | 640/8 | €3,277 | €1,543 | -€1,735 | -52.9% |
| Gross operating margin | 9900 | €59,440 | €92,328 | +€32,888 | +55.3% |
| Operating profit (loss) | 9901 | €46,876 | €68,296 | +€21,420 | +45.7% |
| Financial income | 75/76B | €8 | €832 | +€824 | +10,211% |
| Recurring financial income | 75 | €8 | €832 | +€824 | +10,211% |
| Financial charges | 65/66B | €3,889 | €17,303 | +€13,414 | +345% |
| Recurring financial charges | 65 | €3,889 | €17,303 | +€13,414 | +345% |
| Profit (loss) for the period before taxes | 9903 | €42,995 | €51,825 | +€8,830 | +20.5% |
| Income taxes | 67/77 | €13,794 | €15,265 | +€1,471 | +10.7% |
| Profit (loss) for the period | 9904 | €29,201 | €36,560 | +€7,359 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,201 | €36,560 | +€7,359 | +25.2% |
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 15 October 2026 via checked.be.