Chiron Project: 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.
Chiron Project
Largest movements
- Tangible fixed assets -€37,617
down €37,617 (-9.1%), from €412,042 to €374,425
of which Furniture and vehicles: -€19,907
- Receivables within one year -€27,233
down €27,233 (-46.8%), from €58,200 to €30,968
of which Trade receivables: -€35,373
- Cash +€6,188
up €6,188 (+15.7%), from €39,512 to €45,700
mainly Depreciation (+€37,596) and Receivables within one year (+€27,233)
- Reserves -€30,355
down €30,355 (-30.7%), from €98,786 to €68,431
of which Distributable reserves: -€30,355
- Debts after one year -€20,310
down €20,310 (-7.2%), from €281,472 to €261,161
- Tax, wage and social debts +€19,489
up €19,489 (+300.4%), from €6,488 to €25,977
of which Taxes: +€19,489
- Other debts -€18,691
down €18,691 (-27.3%), from €68,550 to €49,858
- Trade debts -€12,511
down €12,511 (-46.4%), from €26,941 to €14,430
- Gross operating margin -€36,845
down €36,845 (-29.1%), from €126,747 to €89,902
- Depreciation -€7,586
down €7,586 (-16.8%), from €45,182 to €37,596
- Taxes -€4,287
down €4,287 (-29.7%), from €14,417 to €10,130
- Other operating charges -€1,643
down €1,643 (-34.8%), from €4,720 to €3,076
- Financial charges +€1,531
up €1,531 (+12.5%), from €12,268 to €13,799
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 | €514,351 | €452,904 | -€61,447 | -11.9% |
| Fixed assets | 21/28 | €412,042 | €374,425 | -€37,617 | -9.1% |
| Tangible fixed assets | 22/27 | €412,042 | €374,425 | -€37,617 | -9.1% |
| Land and buildings | 22 | €278,978 | €273,208 | -€5,770 | -2.1% |
| Plant, machinery and equipment | 23 | €8,351 | €6,128 | -€2,223 | -26.6% |
| Furniture and vehicles | 24 | €77,420 | €57,513 | -€19,907 | -25.7% |
| Other tangible fixed assets | 26 | €47,293 | €37,576 | -€9,717 | -20.5% |
| Current assets | 29/58 | €102,309 | €78,479 | -€23,830 | -23.3% |
| Amounts receivable within one year | 40/41 | €58,200 | €30,968 | -€27,233 | -46.8% |
| Trade receivables | 40 | €57,553 | €22,180 | -€35,373 | -61.5% |
| Other amounts receivable | 41 | €647 | €8,787 | +€8,140 | +1258.4% |
| Cash at bank and in hand | 54/58 | €39,512 | €45,700 | +€6,188 | +15.7% |
| Deferred charges and accrued income | 490/1 | €4,597 | €1,811 | -€2,786 | -60.6% |
| Total equity and liabilities | 10/49 | €514,351 | €452,904 | -€61,447 | -11.9% |
| Equity | 10/15 | €111,186 | €80,831 | -€30,355 | -27.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €98,786 | €68,431 | -€30,355 | -30.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €98,786 | €68,431 | -€30,355 | -30.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €403,165 | €372,072 | -€31,092 | -7.7% |
| Amounts payable after more than one year | 17 | €281,472 | €261,161 | -€20,310 | -7.2% |
| Financial debts | 170/4 | €281,472 | €261,161 | -€20,310 | -7.2% |
| Amounts payable within one year | 42/48 | €121,373 | €110,591 | -€10,782 | -8.9% |
| Current portion of amounts payable after more than one year | 42 | €19,360 | €20,310 | +€951 | +4.9% |
| Financial debts | 43 | €35 | €15 | -€20 | -57.1% |
| Credit institutions | 430/8 | €35 | €15 | -€20 | -57.1% |
| Trade debts | 44 | €26,941 | €14,430 | -€12,511 | -46.4% |
| Suppliers | 440/4 | €26,941 | €14,430 | -€12,511 | -46.4% |
| Taxes, remuneration and social security | 45 | €6,488 | €25,977 | +€19,489 | +300.4% |
| Taxes | 450/3 | €4,139 | €23,629 | +€19,489 | +470.8% |
| Remuneration and social security | 454/9 | €2,349 | €2,349 | = | 0.0% |
| Other amounts payable | 47/48 | €68,550 | €49,858 | -€18,691 | -27.3% |
| Accrued charges and deferred income | 492/3 | €320 | €320 | = | 0.0% |
| Non-recurring operating income | 76A | €11,500 | €0 | -€11,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,182 | €37,596 | -€7,586 | -16.8% |
| Other operating charges | 640/8 | €4,720 | €3,076 | -€1,643 | -34.8% |
| Non-recurring operating charges | 66A | €360 | €5,952 | +€5,592 | +1553.5% |
| Gross operating margin | 9900 | €126,747 | €89,902 | -€36,845 | -29.1% |
| Operating profit (loss) | 9901 | €76,486 | €43,277 | -€33,209 | -43.4% |
| Financial income | 75/76B | €229 | €156 | -€73 | -31.9% |
| Recurring financial income | 75 | €229 | €156 | -€73 | -31.9% |
| Financial charges | 65/66B | €12,268 | €13,799 | +€1,531 | +12.5% |
| Recurring financial charges | 65 | €12,268 | €13,799 | +€1,531 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €64,446 | €29,634 | -€34,813 | -54.0% |
| Income taxes | 67/77 | €14,417 | €10,130 | -€4,287 | -29.7% |
| Profit (loss) for the period | 9904 | €50,029 | €19,503 | -€30,526 | -61.0% |
| Profit (loss) for the period to be appropriated | 9905 | €50,029 | €19,503 | -€30,526 | -61.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.