CHIRAPH: 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.
CHIRAPH
Largest movements
- Tangible fixed assets -€10,147
down €10,147 (-3.4%), from €298,953 to €288,806
- Receivables within one year +€6,518
up €6,518 (+256.1%), from €2,545 to €9,063
of which Trade receivables: +€3,737
- Other debts +€33,556
up €33,556 (+711.7%), from €4,715 to €38,271
- Profit (loss) carried forward -€18,507
down €18,507 (-19.6%), from €94,182 to €75,675
- Trade debts -€17,035
down €17,035 (-89.5%), from €19,027 to €1,991
- Debts after one year -€9,756
down €9,756 (-7.4%), from €131,715 to €121,958
- Current portion of long-term debt +€8,613
up €8,613 (+27.1%), from €31,777 to €40,390
- Gross operating margin -€38,845
down €38,845 (-93.3%), from €41,630 to €2,785
- Taxes -€7,330
down €7,330 (-100.0%), from €7,330 to €0
- Depreciation -€5,073
down €5,073 (-33.3%), from €15,220 to €10,147
- Financial charges -€4,154
down €4,154 (-39.9%), from €10,423 to €6,269
- Other operating charges -€2,741
down €2,741 (-36.0%), from €7,617 to €4,876
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 | €301,875 | €298,746 | -€3,129 | -1.0% |
| Fixed assets | 21/28 | €299,316 | €289,169 | -€10,147 | -3.4% |
| Tangible fixed assets | 22/27 | €298,953 | €288,806 | -€10,147 | -3.4% |
| Land and buildings | 22 | €298,953 | €288,806 | -€10,147 | -3.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €2,559 | €9,577 | +€7,017 | +274.2% |
| Amounts receivable within one year | 40/41 | €2,545 | €9,063 | +€6,518 | +256.1% |
| Trade receivables | 40 | - | €3,737 | +€3,737 | |
| Other amounts receivable | 41 | €2,545 | €5,326 | +€2,781 | +109.3% |
| Cash at bank and in hand | 54/58 | €14 | €513 | +€499 | +3500.4% |
| Total equity and liabilities | 10/49 | €301,875 | €298,746 | -€3,129 | -1.0% |
| Equity | 10/15 | €114,642 | €96,135 | -€18,507 | -16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €94,182 | €75,675 | -€18,507 | -19.6% |
| Amounts payable | 17/49 | €187,233 | €202,611 | +€15,377 | +8.2% |
| Amounts payable after more than one year | 17 | €131,715 | €121,958 | -€9,756 | -7.4% |
| Financial debts | 170/4 | €131,715 | €121,958 | -€9,756 | -7.4% |
| Amounts payable within one year | 42/48 | €55,519 | €80,652 | +€25,134 | +45.3% |
| Current portion of amounts payable after more than one year | 42 | €31,777 | €40,390 | +€8,613 | +27.1% |
| Trade debts | 44 | €19,027 | €1,991 | -€17,035 | -89.5% |
| Suppliers | 440/4 | €19,027 | €1,991 | -€17,035 | -89.5% |
| Other amounts payable | 47/48 | €4,715 | €38,271 | +€33,556 | +711.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,220 | €10,147 | -€5,073 | -33.3% |
| Other operating charges | 640/8 | €7,617 | €4,876 | -€2,741 | -36.0% |
| Gross operating margin | 9900 | €41,630 | €2,785 | -€38,845 | -93.3% |
| Operating profit (loss) | 9901 | €18,793 | -€12,237 | -€31,031 | |
| Financial income | 75/76B | €10 | €0 | -€10 | -100.0% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100.0% |
| Financial charges | 65/66B | €10,423 | €6,269 | -€4,154 | -39.9% |
| Recurring financial charges | 65 | €10,423 | €6,269 | -€4,154 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €8,381 | -€18,507 | -€26,887 | |
| Income taxes | 67/77 | €7,330 | €0 | -€7,330 | -100.0% |
| Profit (loss) for the period | 9904 | €1,051 | -€18,507 | -€19,557 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,051 | -€18,507 | -€19,557 |
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 30 September 2026 via checked.be.