CHIAVIT: 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.
CHIAVIT
Largest movements
- Tangible fixed assets -€27,414
down €27,414 (-2.2%), from €1.3m to €1.2m
of which Land and buildings: -€26,741
- Receivables within one year +€21,211
up €21,211 (+129%), from €16,395 to €37,606
of which Trade receivables: +€21,211
- Debts after one year -€63,966
down €63,966 (-6.0%), from €1.1m to €1.0m
- Profit (loss) carried forward +€43,305
up €43,305 (+307%), from €14,094 to €57,399
- Tax, wage and social debts +€16,056
up €16,056 (+107%), from €15,046 to €31,101
of which Taxes: +€12,896
- Gross operating margin +€69,180
up €69,180 (+97.0%), from €71,352 to €140,532
- Depreciation +€14,675
up €14,675 (+52.1%), from €28,140 to €42,816
- Financial charges +€10,391
up €10,391 (+37.2%), from €27,909 to €38,300
- Taxes +€7,913
up €7,913 (+247%), from €3,208 to €11,121
- Other operating charges +€2,224
up €2,224 (+80.4%), from €2,767 to €4,990
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 | €1,458,677 | €1,448,014 | -€10,663 | -0.7% |
| Fixed assets | 21/28 | €1,435,132 | €1,402,033 | -€33,099 | -2.3% |
| Intangible fixed assets | 21 | €181,748 | €176,063 | -€5,685 | -3.1% |
| Tangible fixed assets | 22/27 | €1,253,384 | €1,225,970 | -€27,414 | -2.2% |
| Land and buildings | 22 | €1,246,776 | €1,220,035 | -€26,741 | -2.1% |
| Plant, machinery and equipment | 23 | €6,608 | €5,935 | -€673 | -10.2% |
| Current assets | 29/58 | €23,545 | €45,981 | +€22,436 | +95.3% |
| Amounts receivable within one year | 40/41 | €16,395 | €37,606 | +€21,211 | +129% |
| Trade receivables | 40 | €16,335 | €37,546 | +€21,211 | +130% |
| Other amounts receivable | 41 | €60 | €60 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,038 | €4,428 | -€1,610 | -26.7% |
| Deferred charges and accrued income | 490/1 | €1,112 | €3,947 | +€2,835 | +255% |
| Total equity and liabilities | 10/49 | €1,458,677 | €1,448,014 | -€10,663 | -0.7% |
| Equity | 10/15 | €15,094 | €58,399 | +€43,305 | +287% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,094 | €57,399 | +€43,305 | +307% |
| Amounts payable | 17/49 | €1,443,583 | €1,389,615 | -€53,968 | -3.7% |
| Amounts payable after more than one year | 17 | €1,067,272 | €1,003,307 | -€63,966 | -6.0% |
| Financial debts | 170/4 | €1,067,272 | €1,003,307 | -€63,966 | -6.0% |
| Amounts payable within one year | 42/48 | €367,728 | €381,085 | +€13,357 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €61,617 | €63,966 | +€2,349 | +3.8% |
| Trade debts | 44 | €1,458 | €9,470 | +€8,012 | +550% |
| Suppliers | 440/4 | €1,458 | €9,470 | +€8,012 | +550% |
| Taxes, remuneration and social security | 45 | €15,046 | €31,101 | +€16,056 | +107% |
| Taxes | 450/3 | €15,046 | €27,941 | +€12,896 | +85.7% |
| Remuneration and social security | 454/9 | - | €3,160 | +€3,160 | |
| Other amounts payable | 47/48 | €289,607 | €276,548 | -€13,059 | -4.5% |
| Accrued charges and deferred income | 492/3 | €8,583 | €5,223 | -€3,359 | -39.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,140 | €42,816 | +€14,675 | +52.1% |
| Other operating charges | 640/8 | €2,767 | €4,990 | +€2,224 | +80.4% |
| Gross operating margin | 9900 | €71,352 | €140,532 | +€69,180 | +97.0% |
| Operating profit (loss) | 9901 | €40,445 | €92,726 | +€52,281 | +129% |
| Financial charges | 65/66B | €27,909 | €38,300 | +€10,391 | +37.2% |
| Recurring financial charges | 65 | €27,909 | €38,300 | +€10,391 | +37.2% |
| Profit (loss) for the period before taxes | 9903 | €12,536 | €54,426 | +€41,890 | +334% |
| Income taxes | 67/77 | €3,208 | €11,121 | +€7,913 | +247% |
| Profit (loss) for the period | 9904 | €9,328 | €43,305 | +€33,977 | +364% |
| Profit (loss) for the period to be appropriated | 9905 | €9,328 | €43,305 | +€33,977 | +364% |
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.