Chive Consult: 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.
Chive Consult
Largest movements
- Tangible fixed assets +€163,700
up €163,700 (+51.0%), from €320,800 to €484,500
of which Land and buildings: +€165,036
- Receivables after one year +€120,894
new in 2025: €120,894
- Cash -€62,225
down €62,225 (-72.1%), from €86,348 to €24,124
mainly Investment in fixed assets (net) (-€178,371) and Receivables after one year (-€120,894)
- Receivables within one year -€56,364
down €56,364 (-67.3%), from €83,740 to €27,375
of which Trade receivables: -€56,619
- Deferred charges and accrued income +€52,351
up €52,351 (+1740.1%), from €3,009 to €55,360
- Debts after one year +€110,298
up €110,298 (+39.5%), from €279,416 to €389,714
- Profit (loss) carried forward +€62,745
up €62,745 (+92.7%), from €67,682 to €130,428
- Other debts +€29,876
up €29,876 (+59.2%), from €50,475 to €80,352
- Trade debts +€28,588
up €28,588 (+6632.9%), from €431 to €29,019
- Other operating charges -€45,857
down €45,857 (-99.2%), from €46,236 to €379
- Gross operating margin -€43,736
down €43,736 (-28.2%), from €155,010 to €111,274
- Financial charges +€9,783
up €9,783 (+133.2%), from €7,346 to €17,128
- Taxes -€6,448
down €6,448 (-26.1%), from €24,693 to €18,245
- Depreciation +€5,781
up €5,781 (+65.0%), from €8,890 to €14,670
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 | €619,996 | €838,353 | +€218,357 | +35.2% |
| Fixed assets | 21/28 | €320,800 | €484,500 | +€163,700 | +51.0% |
| Tangible fixed assets | 22/27 | €320,800 | €484,500 | +€163,700 | +51.0% |
| Land and buildings | 22 | €315,153 | €480,189 | +€165,036 | +52.4% |
| Plant, machinery and equipment | 23 | €1,720 | €1,485 | -€235 | -13.7% |
| Furniture and vehicles | 24 | €3,927 | €2,826 | -€1,100 | -28.0% |
| Current assets | 29/58 | €299,196 | €353,853 | +€54,657 | +18.3% |
| Amounts receivable after more than one year | 29 | - | €120,894 | +€120,894 | |
| Other amounts receivable | 291 | - | €120,894 | +€120,894 | |
| Amounts receivable within one year | 40/41 | €83,740 | €27,375 | -€56,364 | -67.3% |
| Trade receivables | 40 | €83,740 | €27,120 | -€56,619 | -67.6% |
| Other amounts receivable | 41 | - | €255 | +€255 | |
| Current investments | 50/53 | €126,099 | €126,099 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €86,348 | €24,124 | -€62,225 | -72.1% |
| Deferred charges and accrued income | 490/1 | €3,009 | €55,360 | +€52,351 | +1740.1% |
| Total equity and liabilities | 10/49 | €619,996 | €838,353 | +€218,357 | +35.2% |
| Equity | 10/15 | €238,063 | €300,808 | +€62,745 | +26.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €169,380 | €169,380 | = | 0.0% |
| Distributable reserves | 133 | €169,380 | €169,380 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,682 | €130,428 | +€62,745 | +92.7% |
| Amounts payable | 17/49 | €381,933 | €537,545 | +€155,612 | +40.7% |
| Amounts payable after more than one year | 17 | €279,416 | €389,714 | +€110,298 | +39.5% |
| Financial debts | 170/4 | €279,416 | €389,714 | +€110,298 | +39.5% |
| Amounts payable within one year | 42/48 | €92,729 | €143,874 | +€51,144 | +55.2% |
| Current portion of amounts payable after more than one year | 42 | €14,865 | €15,409 | +€544 | +3.7% |
| Trade debts | 44 | €431 | €29,019 | +€28,588 | +6632.9% |
| Suppliers | 440/4 | €431 | €29,019 | +€28,588 | +6632.9% |
| Taxes, remuneration and social security | 45 | €26,958 | €19,094 | -€7,865 | -29.2% |
| Taxes | 450/3 | €26,958 | €19,094 | -€7,865 | -29.2% |
| Other amounts payable | 47/48 | €50,475 | €80,352 | +€29,876 | +59.2% |
| Accrued charges and deferred income | 492/3 | €9,788 | €3,957 | -€5,831 | -59.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,890 | €14,670 | +€5,781 | +65.0% |
| Other operating charges | 640/8 | €46,236 | €379 | -€45,857 | -99.2% |
| Non-recurring operating charges | 66A | €2,806 | - | -€2,806 | |
| Gross operating margin | 9900 | €155,010 | €111,274 | -€43,736 | -28.2% |
| Operating profit (loss) | 9901 | €97,078 | €96,224 | -€854 | -0.9% |
| Financial income | 75/76B | €599 | €1,894 | +€1,295 | +216.1% |
| Recurring financial income | 75 | €599 | €1,894 | +€1,295 | +216.1% |
| Financial charges | 65/66B | €7,346 | €17,128 | +€9,783 | +133.2% |
| Recurring financial charges | 65 | €7,346 | €17,128 | +€9,783 | +133.2% |
| Profit (loss) for the period before taxes | 9903 | €90,332 | €80,991 | -€9,341 | -10.3% |
| Income taxes | 67/77 | €24,693 | €18,245 | -€6,448 | -26.1% |
| Profit (loss) for the period | 9904 | €65,639 | €62,745 | -€2,894 | -4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €65,639 | €62,745 | -€2,894 | -4.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.