CHOKRAN: what changed
Two fiscal 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.
CHOKRAN
Largest movements
- Stocks and contracts -€373,912
down €373,912 (-21.9%), from €1.7m to €1.3m
- Cash +€220,229
up €220,229 (+1776.5%), from €12,397 to €232,626
mainly Stocks and contracts (+€373,912) and Tax, wage and social debts (+€38,619)
- Other debts -€163,900
down €163,900 (-10.4%), from €1.6m to €1.4m
- Tax, wage and social debts +€38,619
up €38,619 (+3903.6%), from €989 to €39,608
- Profit (loss) carried forward -€27,801
down €27,801 (-664.8%), from -€4,182 to -€31,983
- Gross operating margin -€22,172
down €22,172, from €2,651 to -€19,521
- Other operating charges -€565
down €565 (-35.4%), from €1,596 to €1,031
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 | €1,846,090 | €1,688,611 | -€157,479 | -8.5% |
| Fixed assets | 21/28 | €18,792 | €11,963 | -€6,828 | -36.3% |
| Tangible fixed assets | 22/27 | €17,492 | €10,663 | -€6,828 | -39.0% |
| Furniture and vehicles | 24 | €17,492 | €10,663 | -€6,828 | -39.0% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €1,827,299 | €1,676,648 | -€150,651 | -8.2% |
| Amounts receivable after more than one year | 29 | €97,852 | €97,852 | = | 0.0% |
| Trade receivables | 290 | €97,852 | €97,852 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,711,182 | €1,337,270 | -€373,912 | -21.9% |
| Stocks | 30/36 | €1,711,182 | €1,337,270 | -€373,912 | -21.9% |
| Amounts receivable within one year | 40/41 | €3,997 | €3,076 | -€921 | -23.0% |
| Trade receivables | 40 | €3,875 | €3,076 | -€799 | -20.6% |
| Other amounts receivable | 41 | €122 | - | -€122 | |
| Current investments | 50/53 | €66 | €5,107 | +€5,041 | +7595.8% |
| Cash at bank and in hand | 54/58 | €12,397 | €232,626 | +€220,229 | +1776.5% |
| Deferred charges and accrued income | 490/1 | €1,805 | €717 | -€1,087 | -60.3% |
| Total equity and liabilities | 10/49 | €1,846,090 | €1,688,611 | -€157,479 | -8.5% |
| Equity | 10/15 | €266,287 | €238,486 | -€27,801 | -10.4% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Outside capital | 11 | €150,000 | €150,000 | = | 0.0% |
| Other | 1109/19 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €120,469 | €120,469 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,498 | €10,498 | = | 0.0% |
| Distributable reserves | 133 | €109,971 | €109,971 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,182 | -€31,983 | -€27,801 | -664.8% |
| Amounts payable | 17/49 | €1,579,804 | €1,450,125 | -€129,678 | -8.2% |
| Amounts payable within one year | 42/48 | €1,579,804 | €1,450,125 | -€129,678 | -8.2% |
| Trade debts | 44 | €5,699 | €1,302 | -€4,397 | -77.1% |
| Suppliers | 440/4 | €5,699 | €1,302 | -€4,397 | -77.1% |
| Taxes, remuneration and social security | 45 | €989 | €39,608 | +€38,619 | +3903.6% |
| Taxes | 450/3 | €989 | €39,608 | +€38,619 | +3903.6% |
| Other amounts payable | 47/48 | €1,573,115 | €1,409,215 | -€163,900 | -10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,828 | €6,828 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,596 | €1,031 | -€565 | -35.4% |
| Gross operating margin | 9900 | €2,651 | -€19,521 | -€22,172 | |
| Operating profit (loss) | 9901 | -€5,773 | -€27,380 | -€21,607 | -374.3% |
| Financial income | 75/76B | €34 | €41 | +€7 | +20.6% |
| Recurring financial income | 75 | €34 | €41 | +€7 | +20.6% |
| Financial charges | 65/66B | €161 | €145 | -€16 | -10.0% |
| Recurring financial charges | 65 | €161 | €145 | -€16 | -10.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,901 | -€27,484 | -€21,584 | -365.8% |
| Income taxes | 67/77 | €376 | €316 | -€60 | -15.9% |
| Profit (loss) for the period | 9904 | -€6,277 | -€27,801 | -€21,524 | -342.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,277 | -€27,801 | -€21,524 | -342.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.