CHIFFONNETTE: 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.
CHIFFONNETTE
Largest movements
- Financial fixed assets +€117,187
up €117,187 (+1520.9%), from €7,705 to €124,892
- Receivables after one year -€28,437
no longer reported in 2025 (was €28,437)
- Cash -€19,528
down €19,528 (-43.8%), from €44,569 to €25,042
mainly Investment in fixed assets (net) (-€119,663) and Trade debts (-€27,802)
- Receivables within one year -€16,600
no longer reported in 2025 (was €16,600)
- Intangible fixed assets -€8,325
down €8,325 (-14.3%), from €58,275 to €49,950
- Tax, wage and social debts +€58,194
up €58,194 (+37.3%), from €155,876 to €214,070
of which Remuneration and social security: +€54,657
- Trade debts -€27,802
down €27,802 (-89.6%), from €31,023 to €3,221
- Profit (loss) carried forward +€15,182
up €15,182 (+22.5%), from -€67,473 to -€52,291
- Staff costs +€47,260
up €47,260 (+3.7%), from €1.3m to €1.3m
- Gross operating margin +€28,432
up €28,432 (+2.1%), from €1.3m to €1.4m
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 | €156,404 | €202,235 | +€45,832 | +29.3% |
| Fixed assets | 21/28 | €66,798 | €177,194 | +€110,396 | +165.3% |
| Intangible fixed assets | 21 | €58,275 | €49,950 | -€8,325 | -14.3% |
| Tangible fixed assets | 22/27 | €818 | €2,352 | +€1,534 | +187.6% |
| Plant, machinery and equipment | 23 | €818 | - | -€818 | |
| Other tangible fixed assets | 26 | - | €2,352 | +€2,352 | |
| Financial fixed assets | 28 | €7,705 | €124,892 | +€117,187 | +1520.9% |
| Current assets | 29/58 | €89,606 | €25,042 | -€64,564 | -72.1% |
| Amounts receivable after more than one year | 29 | €28,437 | - | -€28,437 | |
| Other amounts receivable | 291 | €28,437 | - | -€28,437 | |
| Amounts receivable within one year | 40/41 | €16,600 | - | -€16,600 | |
| Other amounts receivable | 41 | €16,600 | - | -€16,600 | |
| Cash at bank and in hand | 54/58 | €44,569 | €25,042 | -€19,528 | -43.8% |
| Total equity and liabilities | 10/49 | €156,404 | €202,235 | +€45,832 | +29.3% |
| Equity | 10/15 | -€57,653 | -€42,471 | +€15,182 | +26.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €3,620 | €3,620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,473 | -€52,291 | +€15,182 | +22.5% |
| Amounts payable | 17/49 | €214,057 | €244,706 | +€30,650 | +14.3% |
| Amounts payable within one year | 42/48 | €214,057 | €244,706 | +€30,650 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €27,141 | €27,416 | +€275 | +1.0% |
| Trade debts | 44 | €31,023 | €3,221 | -€27,802 | -89.6% |
| Suppliers | 440/4 | €31,023 | €3,221 | -€27,802 | -89.6% |
| Taxes, remuneration and social security | 45 | €155,876 | €214,070 | +€58,194 | +37.3% |
| Taxes | 450/3 | - | €3,537 | +€3,537 | |
| Remuneration and social security | 454/9 | €155,876 | €210,533 | +€54,657 | +35.1% |
| Other amounts payable | 47/48 | €17 | - | -€17 | |
| Remuneration, social security and pensions | 62 | €1,281,380 | €1,328,640 | +€47,260 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,143 | €9,267 | +€124 | +1.4% |
| Other operating charges | 640/8 | €867 | €1,595 | +€728 | +84.0% |
| Gross operating margin | 9900 | €1,334,231 | €1,362,663 | +€28,432 | +2.1% |
| Operating profit (loss) | 9901 | €42,842 | €23,161 | -€19,681 | -45.9% |
| Financial income | 75/76B | €233 | €5 | -€228 | -98.0% |
| Recurring financial income | 75 | €233 | €5 | -€228 | -98.0% |
| Financial charges | 65/66B | €5,864 | €7,983 | +€2,119 | +36.1% |
| Recurring financial charges | 65 | €5,864 | €7,983 | +€2,119 | +36.1% |
| Profit (loss) for the period before taxes | 9903 | €37,211 | €15,183 | -€22,028 | -59.2% |
| Income taxes | 67/77 | €3 | €1 | -€2 | -58.0% |
| Profit (loss) for the period | 9904 | €37,208 | €15,182 | -€22,026 | -59.2% |
| Profit (loss) for the period to be appropriated | 9905 | €37,208 | €15,182 | -€22,026 | -59.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.