CHIVLADA: 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.
CHIVLADA
Largest movements
- Receivables within one year +€14,140
up €14,140 (+17.9%), from €78,827 to €92,968
- Deferred charges and accrued income +€4,525
up €4,525 (+90.5%), from €5,000 to €9,525
- Tangible fixed assets -€2,387
down €2,387 (-11.2%), from €21,330 to €18,943
of which Plant, machinery and equipment: -€8,487
- Tax, wage and social debts +€9,572
up €9,572 (+44.0%), from €21,739 to €31,311
- Short-term financial debts +€7,274
up €7,274 (+40.8%), from €17,821 to €25,095
- Current portion of long-term debt -€5,935
no longer reported in 2025 (was €5,935)
- Trade debts +€4,506
up €4,506 (+15.4%), from €29,260 to €33,766
- Turnover +€610,435
new in 2025: €610,435
- Purchases and services +€378,133
new in 2025: €378,133
- Staff costs -€30,280
down €30,280 (-12.7%), from €237,856 to €207,577
- Gross operating margin -€22,752
down €22,752 (-8.9%), from €255,054 to €232,302
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €145,048 | €161,327 | +€16,279 | +11.2% |
| Fixed assets | 21/28 | €21,330 | €18,943 | -€2,387 | -11.2% |
| Tangible fixed assets | 22/27 | €21,330 | €18,943 | -€2,387 | -11.2% |
| Plant, machinery and equipment | 23 | €15,882 | €7,394 | -€8,487 | -53.4% |
| Other tangible fixed assets | 26 | €5,448 | €11,549 | +€6,101 | +112% |
| Current assets | 29/58 | €123,718 | €142,383 | +€18,665 | +15.1% |
| Stocks and contracts in progress | 3 | €39,891 | €39,891 | = | 0.0% |
| Stocks | 30/36 | €39,891 | €39,891 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €78,827 | €92,968 | +€14,140 | +17.9% |
| Other amounts receivable | 41 | €78,827 | €92,968 | +€14,140 | +17.9% |
| Deferred charges and accrued income | 490/1 | €5,000 | €9,525 | +€4,525 | +90.5% |
| Total equity and liabilities | 10/49 | €145,048 | €161,327 | +€16,279 | +11.2% |
| Equity | 10/15 | €70,293 | €71,155 | +€862 | +1.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,092 | €50,092 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €48,232 | - | -€48,232 | |
| Distributable reserves | 133 | - | €48,232 | +€48,232 | |
| Profit (loss) carried forward | 14 | €1,601 | €2,463 | +€862 | +53.8% |
| Amounts payable | 17/49 | €74,755 | €90,172 | +€15,417 | +20.6% |
| Amounts payable within one year | 42/48 | €74,755 | €90,172 | +€15,417 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €5,935 | - | -€5,935 | |
| Financial debts | 43 | €17,821 | €25,095 | +€7,274 | +40.8% |
| Credit institutions | 430/8 | €17,821 | €25,095 | +€7,274 | +40.8% |
| Trade debts | 44 | €29,260 | €33,766 | +€4,506 | +15.4% |
| Suppliers | 440/4 | €29,260 | €33,766 | +€4,506 | +15.4% |
| Taxes, remuneration and social security | 45 | €21,739 | €31,311 | +€9,572 | +44.0% |
| Taxes | 450/3 | €21,739 | €31,311 | +€9,572 | +44.0% |
| Turnover | 70 | - | €610,435 | +€610,435 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €378,133 | +€378,133 | |
| Remuneration, social security and pensions | 62 | €237,856 | €207,577 | -€30,280 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,155 | €14,387 | +€2,232 | +18.4% |
| Other operating charges | 640/8 | €2,211 | €2,827 | +€616 | +27.9% |
| Gross operating margin | 9900 | €255,054 | €232,302 | -€22,752 | -8.9% |
| Operating profit (loss) | 9901 | €2,833 | €7,512 | +€4,680 | +165% |
| Financial income | 75/76B | €81 | - | -€81 | |
| Recurring financial income | 75 | €81 | - | -€81 | |
| Financial charges | 65/66B | €4,346 | €6,650 | +€2,304 | +53.0% |
| Recurring financial charges | 65 | €4,346 | €6,650 | +€2,304 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,433 | €862 | +€2,295 | |
| Income taxes | 67/77 | -€2,079 | - | +€2,079 | |
| Profit (loss) for the period | 9904 | €647 | €862 | +€216 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €647 | €862 | +€216 | +33.3% |
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 17 October 2026 via checked.be.