Choechoekes: 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.
Choechoekes
Largest movements
- Cash +€56,390
up €56,390 (+48.8%), from €115,599 to €171,989
mainly Net result for the year (+€55,964) and Receivables within one year (+€8,408)
- Tangible fixed assets +€10,540
up €10,540 (+624%), from €1,688 to €12,228
of which Other tangible fixed assets: +€6,065
- Receivables within one year -€8,408
down €8,408 (-70.1%), from €11,990 to €3,582
of which Other amounts receivable: -€8,183
- Reserves +€55,964
up €55,964 (+53.9%), from €103,878 to €159,842
- Trade debts +€7,474
up €7,474 (+605%), from €1,236 to €8,709
- Tax, wage and social debts -€2,509
down €2,509 (-12.5%), from €20,095 to €17,586
of which Taxes: -€3,257
- Advances received -€2,300
no longer reported in 2025 (was €2,300)
- Staff costs -€17,074
down €17,074 (-22.9%), from €74,404 to €57,330
- Gross operating margin +€6,168
up €6,168 (+4.8%), from €127,644 to €133,812
- Taxes +€5,904
up €5,904 (+43.3%), from €13,636 to €19,540
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 | €135,609 | €195,133 | +€59,525 | +43.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €1,688 | €12,228 | +€10,540 | +624% |
| Tangible fixed assets | 22/27 | €1,688 | €12,228 | +€10,540 | +624% |
| Land and buildings | 22 | €1,688 | €306 | -€1,382 | -81.9% |
| Plant, machinery and equipment | 23 | - | €5,857 | +€5,857 | |
| Other tangible fixed assets | 26 | - | €6,065 | +€6,065 | |
| Current assets | 29/58 | €133,921 | €182,905 | +€48,984 | +36.6% |
| Amounts receivable within one year | 40/41 | €11,990 | €3,582 | -€8,408 | -70.1% |
| Trade receivables | 40 | €290 | €65 | -€225 | -77.6% |
| Other amounts receivable | 41 | €11,700 | €3,517 | -€8,183 | -69.9% |
| Cash at bank and in hand | 54/58 | €115,599 | €171,989 | +€56,390 | +48.8% |
| Deferred charges and accrued income | 490/1 | €6,332 | €7,335 | +€1,003 | +15.8% |
| Total equity and liabilities | 10/49 | €135,609 | €195,133 | +€59,525 | +43.9% |
| Equity | 10/15 | €111,378 | €167,342 | +€55,964 | +50.2% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €103,878 | €159,842 | +€55,964 | +53.9% |
| Distributable reserves | 133 | €103,878 | €159,842 | +€55,964 | +53.9% |
| Amounts payable | 17/49 | €24,231 | €27,791 | +€3,560 | +14.7% |
| Amounts payable within one year | 42/48 | €24,231 | €27,791 | +€3,560 | +14.7% |
| Trade debts | 44 | €1,236 | €8,709 | +€7,474 | +605% |
| Suppliers | 440/4 | €1,236 | €8,709 | +€7,474 | +605% |
| Advances received on contracts in progress | 46 | €2,300 | - | -€2,300 | |
| Taxes, remuneration and social security | 45 | €20,095 | €17,586 | -€2,509 | -12.5% |
| Taxes | 450/3 | €7,558 | €4,301 | -€3,257 | -43.1% |
| Remuneration and social security | 454/9 | €12,537 | €13,285 | +€748 | +6.0% |
| Other amounts payable | 47/48 | €600 | €1,496 | +€896 | +149% |
| Remuneration, social security and pensions | 62 | €74,404 | €57,330 | -€17,074 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,382 | €1,666 | +€284 | +20.5% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €127,644 | €133,812 | +€6,168 | +4.8% |
| Operating profit (loss) | 9901 | €51,796 | €74,755 | +€22,959 | +44.3% |
| Financial income | 75/76B | €510 | €842 | +€332 | +65.1% |
| Recurring financial income | 75 | €510 | €842 | +€332 | +65.1% |
| Financial charges | 65/66B | €64 | €93 | +€29 | +46.0% |
| Recurring financial charges | 65 | €64 | €93 | +€29 | +46.0% |
| Profit (loss) for the period before taxes | 9903 | €52,243 | €75,504 | +€23,262 | +44.5% |
| Income taxes | 67/77 | €13,636 | €19,540 | +€5,904 | +43.3% |
| Profit (loss) for the period | 9904 | €38,606 | €55,964 | +€17,358 | +45.0% |
| Profit (loss) for the period to be appropriated | 9905 | €38,606 | €55,964 | +€17,358 | +45.0% |
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.