Chien d'Or: 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.
Chien d'Or
Largest movements
- Current investments +€1.0m
new in 2025: €1.0m
- Tangible fixed assets -€46,815
down €46,815 (-3.5%), from €1.3m to €1.3m
of which Land and buildings: -€47,632
- Other debts +€1.0m
up €1.0m (+80.2%), from €1.3m to €2.3m
- Profit (loss) carried forward -€41,068
down €41,068 (-10.6%), from -€388,433 to -€429,501
- Gross operating margin -€11,983
down €11,983 (-22.4%), from €53,608 to €41,625
- Financial charges +€10,000
up €10,000 (+50,000,100%), from €0 to €10,000
- Depreciation +€1,780
up €1,780 (+2.7%), from €66,236 to €68,015
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 | €1,370,200 | €2,334,727 | +€964,527 | +70.4% |
| Fixed assets | 21/28 | €1,318,931 | €1,272,117 | -€46,815 | -3.5% |
| Tangible fixed assets | 22/27 | €1,318,931 | €1,272,117 | -€46,815 | -3.5% |
| Land and buildings | 22 | €1,318,214 | €1,270,581 | -€47,632 | -3.6% |
| Plant, machinery and equipment | 23 | €718 | €1,535 | +€818 | +114% |
| Current assets | 29/58 | €51,269 | €1,062,611 | +€1.0m | +1,973% |
| Stocks and contracts in progress | 3 | €200 | €0 | -€200 | -100% |
| Stocks | 30/36 | €200 | €0 | -€200 | -100% |
| Amounts receivable within one year | 40/41 | €2,269 | €2,311 | +€42 | +1.9% |
| Trade receivables | 40 | €2,269 | €2,311 | +€42 | +1.9% |
| Current investments | 50/53 | - | €1,000,000 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €48,800 | €60,299 | +€11,500 | +23.6% |
| Total equity and liabilities | 10/49 | €1,370,200 | €2,334,727 | +€964,527 | +70.4% |
| Equity | 10/15 | €111,567 | €70,499 | -€41,068 | -36.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€388,433 | -€429,501 | -€41,068 | -10.6% |
| Amounts payable | 17/49 | €1,258,633 | €2,264,228 | +€1.0m | +79.9% |
| Amounts payable within one year | 42/48 | €1,258,633 | €2,264,228 | +€1.0m | +79.9% |
| Trade debts | 44 | €1,829 | €1,432 | -€397 | -21.7% |
| Suppliers | 440/4 | €1,829 | €1,432 | -€397 | -21.7% |
| Taxes, remuneration and social security | 45 | €2,522 | €2,114 | -€407 | -16.2% |
| Taxes | 450/3 | €2,522 | €2,114 | -€407 | -16.2% |
| Other amounts payable | 47/48 | €1,254,282 | €2,260,682 | +€1.0m | +80.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,236 | €68,015 | +€1,780 | +2.7% |
| Other operating charges | 640/8 | €4,554 | €4,683 | +€129 | +2.8% |
| Gross operating margin | 9900 | €53,608 | €41,625 | -€11,983 | -22.4% |
| Operating profit (loss) | 9901 | -€17,181 | -€31,073 | -€13,892 | -80.9% |
| Financial income | 75/76B | €27 | €5 | -€22 | -80.9% |
| Recurring financial income | 75 | €27 | €5 | -€22 | -80.9% |
| Financial charges | 65/66B | €0 | €10,000 | +€10,000 | +50,000,100% |
| Recurring financial charges | 65 | €0 | €10,000 | +€10,000 | +50,000,100% |
| Profit (loss) for the period before taxes | 9903 | -€17,154 | -€41,068 | -€23,914 | -139% |
| Profit (loss) for the period | 9904 | -€17,154 | -€41,068 | -€23,914 | -139% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,154 | -€41,068 | -€23,914 | -139% |
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 22 October 2026 via checked.be.