CHIFURI: 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.
CHIFURI
Largest movements
- Receivables within one year +€374,279
up €374,279 (+41.1%), from €910,985 to €1.3m
of which Trade receivables: +€334,177
- Cash -€330,573
down €330,573 (-60.2%), from €549,222 to €218,649
mainly Receivables within one year (-€374,279) and Net result for the year (-€184,171)
- Current investments -€240,000
down €240,000 (-79.4%), from €302,205 to €62,205
- Profit (loss) carried forward -€184,171
down €184,171 (-29.9%), from -€615,846 to -€800,017
- Debts after one year -€52,360
down €52,360 (-27.3%), from €192,037 to €139,677
- Short-term financial debts +€50,000
new in 2024: €50,000
- Gross operating margin +€247,988
up €247,988, from -€166,298 to €81,690
- Staff costs +€40,510
up €40,510 (+22.0%), from €184,508 to €225,018
- Other operating charges -€25,925
down €25,925 (-92.0%), from €28,167 to €2,242
- Depreciation +€5,542
up €5,542 (+44.5%), from €12,440 to €17,981
- Financial charges +€4,814
up €4,814 (+17.2%), from €27,973 to €32,788
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.
Derived cash bridge
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 | €1,839,181 | €1,629,211 | -€209,971 | -11.4% |
| Fixed assets | 21/28 | €74,892 | €61,557 | -€13,335 | -17.8% |
| Intangible fixed assets | 21 | €6,570 | €5,070 | -€1,500 | -22.8% |
| Tangible fixed assets | 22/27 | €56,577 | €42,142 | -€14,435 | -25.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €56,577 | €42,142 | -€14,435 | -25.5% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €11,745 | €14,345 | +€2,600 | +22.1% |
| Current assets | 29/58 | €1,764,289 | €1,567,654 | -€196,635 | -11.1% |
| Amounts receivable within one year | 40/41 | €910,985 | €1,285,264 | +€374,279 | +41.1% |
| Trade receivables | 40 | €844,255 | €1,178,432 | +€334,177 | +39.6% |
| Other amounts receivable | 41 | €66,730 | €106,831 | +€40,102 | +60.1% |
| Current investments | 50/53 | €302,205 | €62,205 | -€240,000 | -79.4% |
| Cash at bank and in hand | 54/58 | €549,222 | €218,649 | -€330,573 | -60.2% |
| Deferred charges and accrued income | 490/1 | €1,877 | €1,536 | -€341 | -18.2% |
| Total equity and liabilities | 10/49 | €1,839,181 | €1,629,211 | -€209,971 | -11.4% |
| Equity | 10/15 | €617,154 | €432,983 | -€184,171 | -29.8% |
| Contributions | 10/11 | €1,210,000 | €1,210,000 | = | 0.0% |
| Reserves | 13 | €23,000 | €23,000 | = | 0.0% |
| Distributable reserves | 133 | €23,000 | €23,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€615,846 | -€800,017 | -€184,171 | -29.9% |
| Amounts payable | 17/49 | €1,222,027 | €1,196,228 | -€25,799 | -2.1% |
| Amounts payable after more than one year | 17 | €192,037 | €139,677 | -€52,360 | -27.3% |
| Financial debts | 170/4 | €192,037 | €139,677 | -€52,360 | -27.3% |
| Amounts payable within one year | 42/48 | €1,029,990 | €1,055,467 | +€25,477 | +2.5% |
| Current portion of amounts payable after more than one year | 42 | €52,683 | €54,289 | +€1,606 | +3.0% |
| Financial debts | 43 | - | €50,000 | +€50,000 | |
| Credit institutions | 430/8 | - | €50,000 | +€50,000 | |
| Trade debts | 44 | €916,487 | €907,772 | -€8,715 | -1.0% |
| Suppliers | 440/4 | €916,487 | €907,772 | -€8,715 | -1.0% |
| Taxes, remuneration and social security | 45 | €58,620 | €40,406 | -€18,214 | -31.1% |
| Taxes | 450/3 | €20,229 | €24,152 | +€3,924 | +19.4% |
| Remuneration and social security | 454/9 | €38,391 | €16,254 | -€22,138 | -57.7% |
| Other amounts payable | 47/48 | €2,200 | €3,000 | +€800 | +36.4% |
| Accrued charges and deferred income | 492/3 | €0 | €1,084 | +€1,084 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €184,508 | €225,018 | +€40,510 | +22.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,440 | €17,981 | +€5,542 | +44.5% |
| Other operating charges | 640/8 | €28,167 | €2,242 | -€25,925 | -92.0% |
| Non-recurring operating charges | 66A | €81,437 | €0 | -€81,437 | -100% |
| Gross operating margin | 9900 | -€166,298 | €81,690 | +€247,988 | |
| Operating profit (loss) | 9901 | -€472,850 | -€163,551 | +€309,299 | +65.4% |
| Financial income | 75/76B | €8,810 | €12,168 | +€3,358 | +38.1% |
| Recurring financial income | 75 | €8,810 | €12,168 | +€3,358 | +38.1% |
| Financial charges | 65/66B | €27,973 | €32,788 | +€4,814 | +17.2% |
| Recurring financial charges | 65 | €27,973 | €32,788 | +€4,814 | +17.2% |
| Profit (loss) for the period before taxes | 9903 | -€492,014 | -€184,171 | +€307,843 | +62.6% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€492,014 | -€184,171 | +€307,843 | +62.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€492,014 | -€184,171 | +€307,843 | +62.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.