CHLOAX: 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.
CHLOAX
Largest movements
- Tangible fixed assets +€344,519
up €344,519 (+117.0%), from €294,551 to €639,070
of which Land and buildings: +€332,155
- Debts after one year +€244,096
up €244,096 (+422.3%), from €57,799 to €301,895
- Other debts +€71,396
up €71,396 (+33.0%), from €216,190 to €287,586
- Trade debts +€10,530
new in 2025: €10,530
- Current portion of long-term debt +€10,138
up €10,138 (+77.1%), from €13,155 to €23,293
- Gross operating margin +€20,303
up €20,303 (+80.2%), from €25,300 to €45,603
- Depreciation +€9,965
up €9,965 (+73.1%), from €13,624 to €23,589
- Financial charges +€7,763
up €7,763 (+267.5%), from €2,902 to €10,665
- Other operating charges +€1,938
up €1,938 (+92.3%), from €2,100 to €4,038
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 | €297,902 | €640,670 | +€342,769 | +115.1% |
| Fixed assets | 21/28 | €294,551 | €639,070 | +€344,519 | +117.0% |
| Tangible fixed assets | 22/27 | €294,551 | €639,070 | +€344,519 | +117.0% |
| Land and buildings | 22 | €294,551 | €626,706 | +€332,155 | +112.8% |
| Furniture and vehicles | 24 | - | €12,364 | +€12,364 | |
| Current assets | 29/58 | €3,351 | €1,600 | -€1,750 | -52.2% |
| Cash at bank and in hand | 54/58 | €3,351 | €1,600 | -€1,750 | -52.2% |
| Total equity and liabilities | 10/49 | €297,902 | €640,670 | +€342,769 | +115.1% |
| Equity | 10/15 | €8,655 | €14,464 | +€5,809 | +67.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,155 | €11,964 | +€5,809 | +94.4% |
| Amounts payable | 17/49 | €289,247 | €626,206 | +€336,960 | +116.5% |
| Amounts payable after more than one year | 17 | €57,799 | €301,895 | +€244,096 | +422.3% |
| Financial debts | 170/4 | €57,799 | €301,895 | +€244,096 | +422.3% |
| Amounts payable within one year | 42/48 | €231,060 | €324,311 | +€93,251 | +40.4% |
| Current portion of amounts payable after more than one year | 42 | €13,155 | €23,293 | +€10,138 | +77.1% |
| Trade debts | 44 | - | €10,530 | +€10,530 | |
| Suppliers | 440/4 | - | €10,530 | +€10,530 | |
| Taxes, remuneration and social security | 45 | €1,715 | €2,902 | +€1,187 | +69.2% |
| Taxes | 450/3 | €1,715 | €2,902 | +€1,187 | +69.2% |
| Other amounts payable | 47/48 | €216,190 | €287,586 | +€71,396 | +33.0% |
| Accrued charges and deferred income | 492/3 | €387 | - | -€387 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,624 | €23,589 | +€9,965 | +73.1% |
| Other operating charges | 640/8 | €2,100 | €4,038 | +€1,938 | +92.3% |
| Gross operating margin | 9900 | €25,300 | €45,603 | +€20,303 | +80.2% |
| Operating profit (loss) | 9901 | €9,576 | €17,976 | +€8,400 | +87.7% |
| Financial charges | 65/66B | €2,902 | €10,665 | +€7,763 | +267.5% |
| Recurring financial charges | 65 | €2,902 | €10,665 | +€7,763 | +267.5% |
| Profit (loss) for the period before taxes | 9903 | €6,674 | €7,311 | +€637 | +9.5% |
| Income taxes | 67/77 | €1,401 | €1,502 | +€101 | +7.2% |
| Profit (loss) for the period | 9904 | €5,273 | €5,809 | +€536 | +10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,273 | €5,809 | +€536 | +10.2% |
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 12 October 2026 via checked.be.