CHIB GROUP: 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.
CHIB GROUP
Largest movements
- Receivables after one year -€1.0m
no longer reported in 2024 (was €1.0m)
- Current investments -€500,000
no longer reported in 2024 (was €500,000)
- Cash +€95,964
up €95,964 (+107.4%), from €89,335 to €185,299
mainly Receivables after one year (+€1.0m) and Current investments (+€500,000)
- Tangible fixed assets +€35,392
up €35,392 (+175.7%), from €20,142 to €55,533
of which Other tangible fixed assets: +€33,383
- Receivables within one year +€19,340
up €19,340 (+31.3%), from €61,786 to €81,126
of which Other amounts receivable: +€43,800
- Other debts -€1.4m
no longer reported in 2024 (was €1.4m)
- Financial income -€1.2m
down €1.2m (-98.2%), from €1.2m to €21,813
- Gross operating margin -€207,523
down €207,523 (-90.7%), from €228,829 to €21,306
- Taxes -€30,805
down €30,805 (-59.4%), from €51,889 to €21,084
- Depreciation +€7,851
up €7,851 (+121.2%), from €6,476 to €14,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,696,463 | €323,414 | -€1.4m | -80.9% |
| Fixed assets | 21/28 | €20,899 | €56,291 | +€35,392 | +169.3% |
| Tangible fixed assets | 22/27 | €20,142 | €55,533 | +€35,392 | +175.7% |
| Plant, machinery and equipment | 23 | €4,593 | €2,419 | -€2,174 | -47.3% |
| Furniture and vehicles | 24 | €4,454 | €8,637 | +€4,182 | +93.9% |
| Other tangible fixed assets | 26 | €11,095 | €44,478 | +€33,383 | +300.9% |
| Financial fixed assets | 28 | €758 | €758 | = | 0.0% |
| Current assets | 29/58 | €1,675,564 | €267,123 | -€1.4m | -84.1% |
| Amounts receivable after more than one year | 29 | €1,023,313 | - | -€1.0m | |
| Other amounts receivable | 291 | €1,023,313 | - | -€1.0m | |
| Amounts receivable within one year | 40/41 | €61,786 | €81,126 | +€19,340 | +31.3% |
| Trade receivables | 40 | €42,221 | €17,760 | -€24,461 | -57.9% |
| Other amounts receivable | 41 | €19,565 | €63,366 | +€43,800 | +223.9% |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €89,335 | €185,299 | +€95,964 | +107.4% |
| Deferred charges and accrued income | 490/1 | €1,130 | €699 | -€432 | -38.2% |
| Total equity and liabilities | 10/49 | €1,696,463 | €323,414 | -€1.4m | -80.9% |
| Equity | 10/15 | €274,072 | €276,522 | +€2,450 | +0.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €264,072 | €266,522 | +€2,450 | +0.9% |
| Distributable reserves | 133 | €264,072 | €266,522 | +€2,450 | +0.9% |
| Amounts payable | 17/49 | €1,422,391 | €46,893 | -€1.4m | -96.7% |
| Amounts payable within one year | 42/48 | €1,422,391 | €46,893 | -€1.4m | -96.7% |
| Trade debts | 44 | €21,968 | €6,893 | -€15,075 | -68.6% |
| Suppliers | 440/4 | €21,968 | €6,893 | -€15,075 | -68.6% |
| Taxes, remuneration and social security | 45 | €40,663 | €40,000 | -€663 | -1.6% |
| Taxes | 450/3 | €40,663 | €40,000 | -€663 | -1.6% |
| Other amounts payable | 47/48 | €1,359,761 | - | -€1.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,476 | €14,328 | +€7,851 | +121.2% |
| Other operating charges | 640/8 | €995 | €869 | -€125 | -12.6% |
| Gross operating margin | 9900 | €228,829 | €21,306 | -€207,523 | -90.7% |
| Operating profit (loss) | 9901 | €221,358 | €6,109 | -€215,249 | -97.2% |
| Financial income | 75/76B | €1,192,423 | €21,813 | -€1.2m | -98.2% |
| Recurring financial income | 75 | €1,192,423 | €21,813 | -€1.2m | -98.2% |
| Financial charges | 65/66B | €2,244 | €4,387 | +€2,143 | +95.5% |
| Recurring financial charges | 65 | €2,244 | €1,908 | -€336 | -15.0% |
| Non-recurring financial charges | 66B | - | €2,480 | +€2,480 | |
| Profit (loss) for the period before taxes | 9903 | €1,411,536 | €23,534 | -€1.4m | -98.3% |
| Income taxes | 67/77 | €51,889 | €21,084 | -€30,805 | -59.4% |
| Profit (loss) for the period | 9904 | €1,359,647 | €2,450 | -€1.4m | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,359,647 | €2,450 | -€1.4m | -99.8% |
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 5 October 2026 via checked.be.