CHIRMONT: 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.
What changed
CHIRMONT
NACE 68.110, Buying and selling of own real estate
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€145,493
2024 · €400,997-€255,504
Equity
-€623,898
2024 · -€769,391+€145,493
Cash
€22,386
2024 · €11,800+€10,586
Balance sheet total
€8.2m
2024 · €7.6m+€554,450
Largest movements
Assets
- Tangible fixed assets +€751,898
up €751,898 (+10.4%), from €7.2m to €8.0m
of which Land and buildings: +€783,000
- Receivables within one year -€208,056
down €208,056 (-55.5%), from €375,182 to €167,126
Equity and liabilities
- Debts after one year +€257,845
up €257,845 (+3.3%), from €7.9m to €8.2m
- Trade debts +€188,948
up €188,948 (+307.0%), from €61,556 to €250,504
- Profit (loss) carried forward +€151,338
up €151,338 (+16.8%), from -€903,275 to -€751,938
Income statement
- Gross operating margin -€268,519
down €268,519 (-31.5%), from €852,118 to €583,599
- Financial charges -€22,113
down €22,113 (-15.6%), from €141,957 to €119,844
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.
Result 2024
€400,997
Gross operating margin
-€268,519
Depreciation
-€7,033
Other operating charges
+€947
Financial income
-€3,025
Financial charges
+€22,113
Taxes
+€14
Result 2025
€145,493
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.
From operations
+€802,557
Investment
-€1.1m
Financing
+€258,033
Cash 2024
€11,800
From operations (derived)
+€802,557
Net result for the year
+€145,493
Depreciation
+€298,083
Receivables within one year
+€208,056
Smaller working-capital items
-€2,844
Trade debts
+€188,948
Tax, wage and social debts
-€68,919
Other debts
+€33,740
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
+€258,033
Debts after one year
+€257,845
Current portion of long-term debt
+€188
Cash 2025
€22,386
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,612,591 | €8,167,041 | +€554,450 | +7.3% |
| Fixed assets | 21/28 | €7,225,609 | €7,977,529 | +€751,920 | +10.4% |
| Tangible fixed assets | 22/27 | €7,222,500 | €7,974,398 | +€751,898 | +10.4% |
| Land and buildings | 22 | €7,060,612 | €7,843,612 | +€783,000 | +11.1% |
| Plant, machinery and equipment | 23 | €4,443 | €85,264 | +€80,821 | +1819.1% |
| Furniture and vehicles | 24 | €23,664 | €34,317 | +€10,652 | +45.0% |
| Leasing and similar rights | 25 | €18,830 | €11,205 | -€7,625 | -40.5% |
| Assets under construction and advance payments | 27 | €114,950 | - | -€114,950 | |
| Financial fixed assets | 28 | €3,109 | €3,131 | +€22 | +0.7% |
| Current assets | 29/58 | €386,982 | €189,513 | -€197,470 | -51.0% |
| Amounts receivable within one year | 40/41 | €375,182 | €167,126 | -€208,056 | -55.5% |
| Trade receivables | 40 | €375,182 | €167,126 | -€208,056 | -55.5% |
| Cash at bank and in hand | 54/58 | €11,800 | €22,386 | +€10,586 | +89.7% |
| Total equity and liabilities | 10/49 | €7,612,591 | €8,167,041 | +€554,450 | +7.3% |
| Equity | 10/15 | -€769,391 | -€623,898 | +€145,493 | +18.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €72,384 | €66,540 | -€5,845 | -8.1% |
| Tax-exempt reserves | 132 | €72,384 | €66,540 | -€5,845 | -8.1% |
| Profit (loss) carried forward | 14 | -€903,275 | -€751,938 | +€151,338 | +16.8% |
| Provisions and deferred taxes | 16 | €24,128 | €22,180 | -€1,948 | -8.1% |
| Deferred taxes | 168 | €24,128 | €22,180 | -€1,948 | -8.1% |
| Amounts payable | 17/49 | €8,357,854 | €8,768,759 | +€410,906 | +4.9% |
| Amounts payable after more than one year | 17 | €7,929,949 | €8,187,794 | +€257,845 | +3.3% |
| Financial debts | 170/4 | €7,929,949 | €8,187,794 | +€257,845 | +3.3% |
| Amounts payable within one year | 42/48 | €427,009 | €580,966 | +€153,956 | +36.1% |
| Current portion of amounts payable after more than one year | 42 | €111,388 | €111,575 | +€188 | +0.2% |
| Trade debts | 44 | €61,556 | €250,504 | +€188,948 | +307.0% |
| Suppliers | 440/4 | €61,556 | €250,504 | +€188,948 | +307.0% |
| Taxes, remuneration and social security | 45 | €96,051 | €27,132 | -€68,919 | -71.8% |
| Taxes | 450/3 | €96,051 | €27,132 | -€68,919 | -71.8% |
| Other amounts payable | 47/48 | €158,014 | €191,754 | +€33,740 | +21.4% |
| Accrued charges and deferred income | 492/3 | €895 | - | -€895 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €291,050 | €298,083 | +€7,033 | +2.4% |
| Other operating charges | 640/8 | €21,972 | €21,025 | -€947 | -4.3% |
| Gross operating margin | 9900 | €852,118 | €583,599 | -€268,519 | -31.5% |
| Operating profit (loss) | 9901 | €539,096 | €264,490 | -€274,605 | -50.9% |
| Financial income | 75/76B | €3,027 | €2 | -€3,025 | -99.9% |
| Recurring financial income | 75 | €3,027 | €2 | -€3,025 | -99.9% |
| Financial charges | 65/66B | €141,957 | €119,844 | -€22,113 | -15.6% |
| Recurring financial charges | 65 | €141,957 | €119,844 | -€22,113 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €400,166 | €144,648 | -€255,517 | -63.9% |
| Transfer from deferred taxes | 780 | €1,948 | €1,948 | = | 0.0% |
| Income taxes | 67/77 | €1,117 | €1,104 | -€14 | -1.2% |
| Profit (loss) for the period | 9904 | €400,997 | €145,493 | -€255,504 | -63.7% |
| Transfer from tax-exempt reserves | 789 | €5,845 | €5,845 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €406,841 | €151,338 | -€255,504 | -62.8% |
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 1 October 2026 via checked.be.