Chippewa: 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.
Chippewa
Largest movements
- Current investments +€47,087
up €47,087 (+3.1%), from €1.5m to €1.6m
- Tangible fixed assets -€22,058
down €22,058 (-4.4%), from €505,786 to €483,728
of which Land and buildings: -€21,500
- Accrued charges and deferred income +€21,372
up €21,372 (+18.8%), from €113,653 to €135,025
- Financial income -€67,176
down €67,176 (-65.1%), from €103,248 to €36,072
- Taxes -€6,886
down €6,886 (-83.7%), from €8,225 to €1,339
- Financial charges +€4,590
up €4,590, from -€4,219 to €371
- Gross operating margin -€3,784
down €3,784 (-37.4%), from €10,107 to €6,323
- Other operating charges +€176
up €176 (+2.6%), from €6,708 to €6,884
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 | €2,041,267 | €2,071,264 | +€29,997 | +1.5% |
| Fixed assets | 21/28 | €505,786 | €483,728 | -€22,058 | -4.4% |
| Tangible fixed assets | 22/27 | €505,786 | €483,728 | -€22,058 | -4.4% |
| Land and buildings | 22 | €500,393 | €478,893 | -€21,500 | -4.3% |
| Furniture and vehicles | 24 | €993 | €435 | -€558 | -56.2% |
| Other tangible fixed assets | 26 | €4,400 | €4,400 | = | 0.0% |
| Current assets | 29/58 | €1,535,481 | €1,587,536 | +€52,055 | +3.4% |
| Amounts receivable within one year | 40/41 | €979 | €6,925 | +€5,947 | +608% |
| Trade receivables | 40 | - | €777 | +€777 | |
| Other amounts receivable | 41 | €979 | €6,148 | +€5,170 | +528% |
| Current investments | 50/53 | €1,518,174 | €1,565,261 | +€47,087 | +3.1% |
| Cash at bank and in hand | 54/58 | €10,481 | €14,321 | +€3,840 | +36.6% |
| Deferred charges and accrued income | 490/1 | €5,847 | €1,029 | -€4,819 | -82.4% |
| Total equity and liabilities | 10/49 | €2,041,267 | €2,071,264 | +€29,997 | +1.5% |
| Equity | 10/15 | €1,912,246 | €1,923,990 | +€11,744 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,893,646 | €1,905,390 | +€11,744 | +0.6% |
| Distributable reserves | 133 | €1,893,646 | €1,905,390 | +€11,744 | +0.6% |
| Amounts payable | 17/49 | €129,020 | €147,274 | +€18,253 | +14.1% |
| Amounts payable within one year | 42/48 | €15,368 | €12,249 | -€3,119 | -20.3% |
| Trade debts | 44 | €288 | €169 | -€119 | -41.2% |
| Suppliers | 440/4 | €288 | €169 | -€119 | -41.2% |
| Taxes, remuneration and social security | 45 | €7,240 | €7,240 | = | 0.0% |
| Taxes | 450/3 | €7,240 | €7,240 | = | 0.0% |
| Other amounts payable | 47/48 | €7,840 | €4,839 | -€3,001 | -38.3% |
| Accrued charges and deferred income | 492/3 | €113,653 | €135,025 | +€21,372 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,058 | €22,058 | = | 0.0% |
| Other operating charges | 640/8 | €6,708 | €6,884 | +€176 | +2.6% |
| Gross operating margin | 9900 | €10,107 | €6,323 | -€3,784 | -37.4% |
| Operating profit (loss) | 9901 | -€18,659 | -€22,618 | -€3,959 | -21.2% |
| Financial income | 75/76B | €103,248 | €36,072 | -€67,176 | -65.1% |
| Recurring financial income | 75 | €103,248 | €36,072 | -€67,176 | -65.1% |
| Financial charges | 65/66B | -€4,219 | €371 | +€4,590 | |
| Recurring financial charges | 65 | -€4,219 | €371 | +€4,590 | |
| Profit (loss) for the period before taxes | 9903 | €88,809 | €13,083 | -€75,726 | -85.3% |
| Income taxes | 67/77 | €8,225 | €1,339 | -€6,886 | -83.7% |
| Profit (loss) for the period | 9904 | €80,584 | €11,744 | -€68,840 | -85.4% |
| Profit (loss) for the period to be appropriated | 9905 | €80,584 | €11,744 | -€68,840 | -85.4% |
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 14 October 2026 via checked.be.