CHIQUA: 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.
CHIQUA
Largest movements
- Tangible fixed assets -€14,322
down €14,322 (-3.2%), from €445,700 to €431,378
of which Land and buildings: -€12,958
- Cash +€12,543
up €12,543 (+156%), from €8,054 to €20,596
mainly Net result for the year (+€18,283) and Depreciation (+€15,653)
- Debts after one year -€22,024
down €22,024 (-9.8%), from €224,315 to €202,291
- Reserves +€9,400
up €9,400 (+5.4%), from €175,360 to €184,760
of which Distributable reserves: +€11,260
- Short-term financial debts +€5,015
new in 2025: €5,015
- Gross operating margin -€34,419
down €34,419 (-37.3%), from €92,387 to €57,968
- Financial charges -€9,622
down €9,622 (-39.2%), from €24,566 to €14,944
- Depreciation -€8,354
down €8,354 (-34.8%), from €24,006 to €15,653
- Taxes -€3,207
down €3,207 (-29.6%), from €10,853 to €7,646
- Other operating charges -€937
down €937 (-39.4%), from €2,380 to €1,443
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 | €475,536 | €473,936 | -€1,600 | -0.3% |
| Fixed assets | 21/28 | €445,700 | €431,378 | -€14,322 | -3.2% |
| Tangible fixed assets | 22/27 | €445,700 | €431,378 | -€14,322 | -3.2% |
| Land and buildings | 22 | €437,474 | €424,516 | -€12,958 | -3.0% |
| Plant, machinery and equipment | 23 | €1,198 | €719 | -€479 | -40.0% |
| Furniture and vehicles | 24 | €7,028 | €6,143 | -€885 | -12.6% |
| Current assets | 29/58 | €29,836 | €42,558 | +€12,722 | +42.6% |
| Amounts receivable within one year | 40/41 | €21,782 | €21,962 | +€179 | +0.8% |
| Trade receivables | 40 | €21,773 | €21,962 | +€188 | +0.9% |
| Other amounts receivable | 41 | €9 | €0 | -€9 | -100% |
| Cash at bank and in hand | 54/58 | €8,054 | €20,596 | +€12,543 | +156% |
| Total equity and liabilities | 10/49 | €475,536 | €473,936 | -€1,600 | -0.3% |
| Equity | 10/15 | €195,689 | €203,372 | +€7,683 | +3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €175,360 | €184,760 | +€9,400 | +5.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €173,500 | €184,760 | +€11,260 | +6.5% |
| Profit (loss) carried forward | 14 | €1,729 | €12 | -€1,717 | -99.3% |
| Provisions and deferred taxes | 16 | €20,513 | €20,513 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,513 | €20,513 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,513 | €20,513 | = | 0.0% |
| Amounts payable | 17/49 | €259,334 | €250,051 | -€9,283 | -3.6% |
| Amounts payable after more than one year | 17 | €224,315 | €202,291 | -€22,024 | -9.8% |
| Financial debts | 170/4 | €224,315 | €202,291 | -€22,024 | -9.8% |
| Amounts payable within one year | 42/48 | €35,019 | €47,721 | +€12,702 | +36.3% |
| Current portion of amounts payable after more than one year | 42 | €21,602 | €21,871 | +€270 | +1.2% |
| Financial debts | 43 | - | €5,015 | +€5,015 | |
| Credit institutions | 430/8 | - | €5,015 | +€5,015 | |
| Trade debts | 44 | €1,503 | €1,908 | +€405 | +27.0% |
| Suppliers | 440/4 | €1,503 | €1,908 | +€405 | +27.0% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €9,861 | €12,245 | +€2,384 | +24.2% |
| Taxes | 450/3 | €9,861 | €12,245 | +€2,384 | +24.2% |
| Other amounts payable | 47/48 | €2,053 | €6,681 | +€4,628 | +225% |
| Accrued charges and deferred income | 492/3 | - | €38 | +€38 | |
| Non-recurring operating income | 76A | €6,622 | €0 | -€6,622 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,006 | €15,653 | -€8,354 | -34.8% |
| Other operating charges | 640/8 | €2,380 | €1,443 | -€937 | -39.4% |
| Gross operating margin | 9900 | €92,387 | €57,968 | -€34,419 | -37.3% |
| Operating profit (loss) | 9901 | €66,001 | €40,872 | -€25,129 | -38.1% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €24,566 | €14,944 | -€9,622 | -39.2% |
| Recurring financial charges | 65 | €24,566 | €14,944 | -€9,622 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €41,435 | €25,929 | -€15,507 | -37.4% |
| Income taxes | 67/77 | €10,853 | €7,646 | -€3,207 | -29.6% |
| Profit (loss) for the period | 9904 | €30,582 | €18,283 | -€12,299 | -40.2% |
| Profit (loss) for the period to be appropriated | 9905 | €30,582 | €18,283 | -€12,299 | -40.2% |
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.