CHIODO: 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.
CHIODO
Largest movements
- Stocks and contracts -€2,600
no longer reported in 2025 (was €2,600)
- Receivables within one year +€1,004
up €1,004 (+8.1%), from €12,321 to €13,325
of which Trade receivables: +€579
- Tangible fixed assets -€537
down €537 (-45.0%), from €1,193 to €656
of which Other tangible fixed assets: -€320
- Profit (loss) carried forward -€37,503
down €37,503 (-36.2%), from -€103,543 to -€141,046
- Other debts +€32,188
up €32,188 (+96.5%), from €33,340 to €65,528
- Debts after one year -€8,160
down €8,160 (-61.5%), from €13,271 to €5,111
- Tax, wage and social debts +€5,808
up €5,808 (+84.1%), from €6,909 to €12,717
of which Remuneration and social security: +€4,452
- Short-term financial debts +€3,942
up €3,942 (+18.2%), from €21,699 to €25,642
- Gross operating margin -€22,541
down €22,541, from €13,173 to -€9,368
- Staff costs +€4,794
up €4,794 (+30.5%), from €15,737 to €20,531
- Other operating charges -€3,441
down €3,441 (-91.4%), from €3,763 to €323
- Depreciation -€965
down €965 (-64.3%), from €1,502 to €537
- Financial charges -€430
down €430 (-6.2%), from €6,978 to €6,548
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,196 | €13,981 | -€2,214 | -13.7% |
| Fixed assets | 21/28 | €1,193 | €656 | -€537 | -45.0% |
| Tangible fixed assets | 22/27 | €1,193 | €656 | -€537 | -45.0% |
| Plant, machinery and equipment | 23 | €344 | €127 | -€217 | -63.0% |
| Other tangible fixed assets | 26 | €849 | €529 | -€320 | -37.7% |
| Current assets | 29/58 | €15,003 | €13,325 | -€1,677 | -11.2% |
| Stocks and contracts in progress | 3 | €2,600 | - | -€2,600 | |
| Stocks | 30/36 | €2,600 | - | -€2,600 | |
| Amounts receivable within one year | 40/41 | €12,321 | €13,325 | +€1,004 | +8.1% |
| Trade receivables | 40 | €12,300 | €12,878 | +€579 | +4.7% |
| Other amounts receivable | 41 | €21 | €447 | +€425 | +2002.3% |
| Deferred charges and accrued income | 490/1 | €81 | - | -€81 | |
| Total equity and liabilities | 10/49 | €16,196 | €13,981 | -€2,214 | -13.7% |
| Equity | 10/15 | -€85,462 | -€122,965 | -€37,503 | -43.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €11,881 | €11,881 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €10,021 | €10,021 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€103,543 | -€141,046 | -€37,503 | -36.2% |
| Amounts payable | 17/49 | €101,657 | €136,946 | +€35,289 | +34.7% |
| Amounts payable after more than one year | 17 | €13,271 | €5,111 | -€8,160 | -61.5% |
| Financial debts | 170/4 | €13,271 | €5,111 | -€8,160 | -61.5% |
| Amounts payable within one year | 42/48 | €88,386 | €131,835 | +€43,449 | +49.2% |
| Current portion of amounts payable after more than one year | 42 | €7,455 | €8,160 | +€705 | +9.4% |
| Financial debts | 43 | €21,699 | €25,642 | +€3,942 | +18.2% |
| Credit institutions | 430/8 | €21,699 | €25,642 | +€3,942 | +18.2% |
| Trade debts | 44 | €18,982 | €19,789 | +€807 | +4.3% |
| Suppliers | 440/4 | €18,982 | €19,789 | +€807 | +4.3% |
| Taxes, remuneration and social security | 45 | €6,909 | €12,717 | +€5,808 | +84.1% |
| Taxes | 450/3 | €1,041 | €2,397 | +€1,356 | +130.2% |
| Remuneration and social security | 454/9 | €5,867 | €10,320 | +€4,452 | +75.9% |
| Other amounts payable | 47/48 | €33,340 | €65,528 | +€32,188 | +96.5% |
| Remuneration, social security and pensions | 62 | €15,737 | €20,531 | +€4,794 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,502 | €537 | -€965 | -64.3% |
| Other operating charges | 640/8 | €3,763 | €323 | -€3,441 | -91.4% |
| Gross operating margin | 9900 | €13,173 | -€9,368 | -€22,541 | |
| Operating profit (loss) | 9901 | -€7,829 | -€30,758 | -€22,929 | -292.9% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,978 | €6,548 | -€430 | -6.2% |
| Recurring financial charges | 65 | €6,978 | €6,548 | -€430 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,807 | -€37,306 | -€22,498 | -151.9% |
| Income taxes | 67/77 | €190 | €198 | +€8 | +4.1% |
| Profit (loss) for the period | 9904 | -€14,997 | -€37,503 | -€22,506 | -150.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,997 | -€37,503 | -€22,506 | -150.1% |
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 9 October 2026 via checked.be.