CHIWETA: 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.
CHIWETA
Largest movements
- Receivables within one year -€111,055
down €111,055 (-68.2%), from €162,913 to €51,858
of which Trade receivables: -€99,093
- Cash +€66,936
up €66,936 (+257%), from €26,057 to €92,993
mainly Receivables within one year (+€111,055) and Trade debts (+€51,425)
- Tangible fixed assets -€21,983
down €21,983 (-25.0%), from €88,097 to €66,114
of which Furniture and vehicles: -€28,257
- Deferred charges and accrued income +€14,361
new in 2025: €14,361
- Profit (loss) carried forward -€144,578
new in 2025: -€144,578
- Trade debts +€51,425
up €51,425 (+54.7%), from €94,004 to €145,429
- Tax, wage and social debts +€31,582
up €31,582 (+39.0%), from €81,084 to €112,666
of which Remuneration and social security: +€39,555
- Current portion of long-term debt +€8,424
up €8,424 (+47.6%), from €17,684 to €26,107
- Staff costs +€477,695
up €477,695 (+84.0%), from €568,753 to €1.0m
- Gross operating margin +€310,946
up €310,946 (+48.6%), from €640,372 to €951,318
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
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 | €277,067 | €225,326 | -€51,741 | -18.7% |
| Fixed assets | 21/28 | €88,097 | €66,114 | -€21,983 | -25.0% |
| Tangible fixed assets | 22/27 | €88,097 | €66,114 | -€21,983 | -25.0% |
| Land and buildings | 22 | €9,256 | €7,958 | -€1,298 | -14.0% |
| Plant, machinery and equipment | 23 | - | €7,572 | +€7,572 | |
| Furniture and vehicles | 24 | €78,841 | €50,583 | -€28,257 | -35.8% |
| Current assets | 29/58 | €188,970 | €159,212 | -€29,758 | -15.7% |
| Amounts receivable within one year | 40/41 | €162,913 | €51,858 | -€111,055 | -68.2% |
| Trade receivables | 40 | €140,951 | €41,858 | -€99,093 | -70.3% |
| Other amounts receivable | 41 | €21,961 | €10,000 | -€11,961 | -54.5% |
| Cash at bank and in hand | 54/58 | €26,057 | €92,993 | +€66,936 | +257% |
| Deferred charges and accrued income | 490/1 | - | €14,361 | +€14,361 | |
| Total equity and liabilities | 10/49 | €277,067 | €225,326 | -€51,741 | -18.7% |
| Equity | 10/15 | €84,295 | -€60,283 | -€144,578 | |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €77,795 | €77,795 | = | 0.0% |
| Distributable reserves | 133 | €77,795 | €77,795 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€144,578 | -€144,578 | |
| Amounts payable | 17/49 | €192,771 | €285,608 | +€92,837 | +48.2% |
| Amounts payable within one year | 42/48 | €192,771 | €285,608 | +€92,837 | +48.2% |
| Current portion of amounts payable after more than one year | 42 | €17,684 | €26,107 | +€8,424 | +47.6% |
| Trade debts | 44 | €94,004 | €145,429 | +€51,425 | +54.7% |
| Suppliers | 440/4 | €94,004 | €145,429 | +€51,425 | +54.7% |
| Taxes, remuneration and social security | 45 | €81,084 | €112,666 | +€31,582 | +39.0% |
| Taxes | 450/3 | €81,084 | €73,111 | -€7,972 | -9.8% |
| Remuneration and social security | 454/9 | - | €39,555 | +€39,555 | |
| Other amounts payable | 47/48 | - | €1,405 | +€1,405 | |
| Remuneration, social security and pensions | 62 | €568,753 | €1,046,448 | +€477,695 | +84.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,126 | €24,866 | +€739 | +3.1% |
| Other operating charges | 640/8 | €12,160 | €9,402 | -€2,758 | -22.7% |
| Non-recurring operating charges | 66A | - | €1,637 | +€1,637 | |
| Gross operating margin | 9900 | €640,372 | €951,318 | +€310,946 | +48.6% |
| Operating profit (loss) | 9901 | €35,333 | -€131,035 | -€166,368 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €17,560 | €13,543 | -€4,018 | -22.9% |
| Recurring financial charges | 65 | €17,560 | €13,543 | -€4,018 | -22.9% |
| Profit (loss) for the period before taxes | 9903 | €17,772 | -€144,578 | -€162,350 | |
| Income taxes | 67/77 | €7,385 | - | -€7,385 | |
| Profit (loss) for the period | 9904 | €10,387 | -€144,578 | -€154,965 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,387 | -€144,578 | -€154,965 |
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 18 October 2026 via checked.be.