CHIUCH: 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.
CHIUCH
Largest movements
- Stocks and contracts +€126,095
up €126,095 (+32.3%), from €389,841 to €515,936
- Receivables within one year +€107,011
up €107,011 (+44.4%), from €240,962 to €347,973
of which Other amounts receivable: +€87,238
- Tangible fixed assets -€104,498
down €104,498 (-5.1%), from €2.0m to €1.9m
of which Land and buildings: -€65,353
- Debts after one year -€84,546
down €84,546 (-3.8%), from €2.2m to €2.1m
- Investment grants +€76,686
new in 2025: €76,686
- Profit (loss) carried forward +€62,196
up €62,196 (+96.1%), from -€64,749 to -€2,553
- Tax, wage and social debts +€51,777
up €51,777 (+93.3%), from €55,483 to €107,260
of which Remuneration and social security: +€45,727
- Trade debts +€36,898
up €36,898 (+11.8%), from €313,343 to €350,242
- Staff costs +€119,717
up €119,717 (+40.3%), from €296,771 to €416,487
- Gross operating margin +€89,345
up €89,345 (+17.1%), from €522,542 to €611,887
- Financial income +€10,349
up €10,349 (+118.3%), from €8,749 to €19,098
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 | €2,706,614 | €2,882,460 | +€175,846 | +6.5% |
| Fixed assets | 21/28 | €2,055,912 | €1,947,414 | -€108,498 | -5.3% |
| Intangible fixed assets | 21 | €9,000 | €5,000 | -€4,000 | -44.4% |
| Tangible fixed assets | 22/27 | €2,038,912 | €1,934,414 | -€104,498 | -5.1% |
| Land and buildings | 22 | €1,641,345 | €1,575,993 | -€65,353 | -4.0% |
| Plant, machinery and equipment | 23 | €314,202 | €294,671 | -€19,530 | -6.2% |
| Furniture and vehicles | 24 | €83,365 | €63,750 | -€19,616 | -23.5% |
| Financial fixed assets | 28 | €8,000 | €8,000 | = | 0.0% |
| Current assets | 29/58 | €650,702 | €935,046 | +€284,344 | +43.7% |
| Stocks and contracts in progress | 3 | €389,841 | €515,936 | +€126,095 | +32.3% |
| Stocks | 30/36 | €389,841 | €515,936 | +€126,095 | +32.3% |
| Amounts receivable within one year | 40/41 | €240,962 | €347,973 | +€107,011 | +44.4% |
| Trade receivables | 40 | €240,962 | €260,735 | +€19,774 | +8.2% |
| Other amounts receivable | 41 | €0 | €87,238 | +€87,238 | |
| Cash at bank and in hand | 54/58 | €11,223 | €36,454 | +€25,231 | +224.8% |
| Deferred charges and accrued income | 490/1 | €8,676 | €34,683 | +€26,007 | +299.7% |
| Total equity and liabilities | 10/49 | €2,706,614 | €2,882,460 | +€175,846 | +6.5% |
| Equity | 10/15 | -€44,749 | €94,133 | +€138,882 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,749 | -€2,553 | +€62,196 | +96.1% |
| Investment grants | 15 | - | €76,686 | +€76,686 | |
| Amounts payable | 17/49 | €2,751,363 | €2,788,327 | +€36,964 | +1.3% |
| Amounts payable after more than one year | 17 | €2,208,401 | €2,123,855 | -€84,546 | -3.8% |
| Financial debts | 170/4 | €2,208,401 | €2,123,855 | -€84,546 | -3.8% |
| Amounts payable within one year | 42/48 | €542,963 | €662,048 | +€119,085 | +21.9% |
| Current portion of amounts payable after more than one year | 42 | €83,254 | €84,546 | +€1,292 | +1.6% |
| Financial debts | 43 | €90,883 | €120,000 | +€29,118 | +32.0% |
| Credit institutions | 430/8 | €90,883 | €120,000 | +€29,118 | +32.0% |
| Trade debts | 44 | €313,343 | €350,242 | +€36,898 | +11.8% |
| Suppliers | 440/4 | €313,343 | €350,242 | +€36,898 | +11.8% |
| Taxes, remuneration and social security | 45 | €55,483 | €107,260 | +€51,777 | +93.3% |
| Taxes | 450/3 | €7,054 | €13,104 | +€6,050 | +85.8% |
| Remuneration and social security | 454/9 | €48,429 | €94,156 | +€45,727 | +94.4% |
| Accrued charges and deferred income | 492/3 | - | €2,425 | +€2,425 | |
| Remuneration, social security and pensions | 62 | €296,771 | €416,487 | +€119,717 | +40.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119,895 | €115,816 | -€4,079 | -3.4% |
| Other operating charges | 640/8 | €4,610 | €4,123 | -€487 | -10.6% |
| Gross operating margin | 9900 | €522,542 | €611,887 | +€89,345 | +17.1% |
| Operating profit (loss) | 9901 | €101,267 | €75,461 | -€25,806 | -25.5% |
| Financial income | 75/76B | €8,749 | €19,098 | +€10,349 | +118.3% |
| Recurring financial income | 75 | €8,749 | €19,098 | +€10,349 | +118.3% |
| Financial charges | 65/66B | €30,342 | €31,773 | +€1,431 | +4.7% |
| Recurring financial charges | 65 | €30,342 | €31,773 | +€1,431 | +4.7% |
| Profit (loss) for the period before taxes | 9903 | €79,674 | €62,787 | -€16,888 | -21.2% |
| Income taxes | 67/77 | €376 | €591 | +€215 | +57.1% |
| Profit (loss) for the period | 9904 | €79,298 | €62,196 | -€17,102 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €79,298 | €62,196 | -€17,102 | -21.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.