CHIREAZA CONSTRUCT: 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.
CHIREAZA CONSTRUCT
Largest movements
- Cash +€18,613
up €18,613 (+160.7%), from €11,583 to €30,195
mainly Net result for the year (+€18,488) and Debts after one year (+€15,000)
- Tangible fixed assets +€17,787
up €17,787 (+1226.8%), from €1,450 to €19,237
- Profit (loss) carried forward +€18,488
up €18,488 (+33.6%), from €55,039 to €73,527
- Debts after one year +€15,000
new in 2025: €15,000
- Tax, wage and social debts +€1,849
up €1,849 (+12.4%), from €14,957 to €16,806
- Turnover +€57,355
up €57,355 (+23.4%), from €244,874 to €302,229
- Purchases and services +€50,383
up €50,383 (+22.9%), from €219,545 to €269,928
- Gross operating margin +€7,588
up €7,588 (+30.0%), from €25,329 to €32,917
- Financial charges +€5,269
up €5,269 (+372.3%), from €1,416 to €6,685
- Other operating charges -€3,135
no longer reported in 2025 (was €3,135)
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 | €70,289 | €106,504 | +€36,215 | +51.5% |
| Fixed assets | 21/28 | €1,450 | €19,237 | +€17,787 | +1226.8% |
| Tangible fixed assets | 22/27 | €1,450 | €19,237 | +€17,787 | +1226.8% |
| Furniture and vehicles | 24 | €1,450 | €19,237 | +€17,787 | +1226.8% |
| Current assets | 29/58 | €68,839 | €87,267 | +€18,428 | +26.8% |
| Amounts receivable within one year | 40/41 | €57,257 | €57,072 | -€185 | -0.3% |
| Trade receivables | 40 | €46,169 | €38,325 | -€7,844 | -17.0% |
| Other amounts receivable | 41 | €11,088 | €18,747 | +€7,660 | +69.1% |
| Cash at bank and in hand | 54/58 | €11,583 | €30,195 | +€18,613 | +160.7% |
| Total equity and liabilities | 10/49 | €70,289 | €106,504 | +€36,215 | +51.5% |
| Equity | 10/15 | €55,039 | €73,527 | +€18,488 | +33.6% |
| Profit (loss) carried forward | 14 | €55,039 | €73,527 | +€18,488 | +33.6% |
| Amounts payable | 17/49 | €15,250 | €32,977 | +€17,726 | +116.2% |
| Amounts payable after more than one year | 17 | - | €15,000 | +€15,000 | |
| Financial debts | 170/4 | - | €15,000 | +€15,000 | |
| Amounts payable within one year | 42/48 | €15,250 | €17,977 | +€2,726 | +17.9% |
| Trade debts | 44 | €293 | €1,171 | +€878 | +299.6% |
| Suppliers | 440/4 | €293 | €1,171 | +€878 | +299.6% |
| Taxes, remuneration and social security | 45 | €14,957 | €16,806 | +€1,849 | +12.4% |
| Taxes | 450/3 | €14,957 | €16,806 | +€1,849 | +12.4% |
| Turnover | 70 | €244,874 | €302,229 | +€57,355 | +23.4% |
| Non-recurring operating income | 76A | - | €616 | +€616 | |
| Goods, raw materials, services and sundry goods | 60/61 | €219,545 | €269,928 | +€50,383 | +22.9% |
| Remuneration, social security and pensions | 62 | - | €2 | +€2 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,233 | €847 | -€386 | -31.3% |
| Other operating charges | 640/8 | €3,135 | - | -€3,135 | |
| Gross operating margin | 9900 | €25,329 | €32,917 | +€7,588 | +30.0% |
| Operating profit (loss) | 9901 | €20,961 | €32,068 | +€11,107 | +53.0% |
| Financial income | 75/76B | €232 | €605 | +€374 | +161.4% |
| Recurring financial income | 75 | €232 | €605 | +€374 | +161.4% |
| Financial charges | 65/66B | €1,416 | €6,685 | +€5,269 | +372.3% |
| Recurring financial charges | 65 | €1,416 | €6,685 | +€5,269 | +372.3% |
| Profit (loss) for the period before taxes | 9903 | €19,777 | €25,988 | +€6,211 | +31.4% |
| Income taxes | 67/77 | €5,172 | €7,500 | +€2,328 | +45.0% |
| Profit (loss) for the period | 9904 | €14,605 | €18,488 | +€3,883 | +26.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,605 | €18,488 | +€3,883 | +26.6% |
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 8 October 2026 via checked.be.