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CHOLET: 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.

What changed

CHOLET

BE 0672.659.168
NACE 47.400, Retail sale of information and communication equipment
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€22,541
2023 · €14,360+€8,181
Equity
€91,630
2023 · €69,088+€22,541
Cash
€38,168
2023 · €36,418+€1,750
Balance sheet total
€215,899
2023 · €197,341+€18,558

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets +€32,530

    up €32,530 (+29.0%), from €112,196 to €144,727

    of which Furniture and vehicles: +€36,277

  • Deferred charges and accrued income -€12,792

    no longer reported in 2024 (was €12,792)

  • Stocks and contracts -€5,152

    down €5,152 (-17.0%), from €30,330 to €25,179

  • Receivables within one year +€2,851

    up €2,851 (+57.3%), from €4,975 to €7,826

    of which Trade receivables: +€6,382

Equity and liabilities
  • Reserves +€22,541

    up €22,541 (+44.6%), from €50,488 to €73,030

    of which Distributable reserves: +€22,541

  • Accrued charges and deferred income +€20,000

    new in 2024: €20,000

  • Trade debts -€13,600

    down €13,600 (-72.9%), from €18,667 to €5,067

  • Debts after one year -€8,302

    down €8,302 (-9.2%), from €90,451 to €82,149

  • Tax, wage and social debts -€2,476

    down €2,476 (-22.1%), from €11,228 to €8,751

Income statement
  • Gross operating margin +€19,080

    up €19,080 (+68.4%), from €27,900 to €46,980

  • Depreciation +€11,238

    up €11,238 (+897.5%), from €1,252 to €12,490

  • Other operating charges -€2,977

    down €2,977 (-87.7%), from €3,395 to €418

  • Financial charges +€2,522

    up €2,522 (+66.9%), from €3,767 to €6,289

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 €14,360
Gross operating margin +€19,080
Depreciation -€11,238
Other operating charges +€2,977
Financial income +€197
Financial charges -€2,522
Taxes -€314
Result 2024 €22,541

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€54,048
Investment -€44,390
Financing -€7,908
Cash 2023 €36,418
Net result for the year +€22,541
Depreciation +€12,490
Stocks and contracts +€5,152
Receivables within one year -€2,851
Deferred charges and accrued income +€12,792
Trade debts -€13,600
Tax, wage and social debts -€2,476
Accrued charges and deferred income +€20,000
Investment in fixed assets (net) -€44,390
Debts after one year -€8,302
Current portion of long-term debt +€394
Cash 2024 €38,168
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €197,341 €215,899 +€18,558 +9.4%
Fixed assets 21/28 €112,826 €144,727 +€31,900 +28.3%
Tangible fixed assets 22/27 €112,196 €144,727 +€32,530 +29.0%
Land and buildings 22 €111,248 €107,502 -€3,746 -3.4%
Furniture and vehicles 24 €948 €37,225 +€36,277 +3825.4%
Financial fixed assets 28 €630 - -€630
Current assets 29/58 €84,515 €71,172 -€13,343 -15.8%
Stocks and contracts in progress 3 €30,330 €25,179 -€5,152 -17.0%
Stocks 30/36 €30,330 €25,179 -€5,152 -17.0%
Amounts receivable within one year 40/41 €4,975 €7,826 +€2,851 +57.3%
Trade receivables 40 €1,444 €7,826 +€6,382 +442.0%
Other amounts receivable 41 €3,531 - -€3,531
Cash at bank and in hand 54/58 €36,418 €38,168 +€1,750 +4.8%
Deferred charges and accrued income 490/1 €12,792 - -€12,792
Total equity and liabilities 10/49 €197,341 €215,899 +€18,558 +9.4%
Equity 10/15 €69,088 €91,630 +€22,541 +32.6%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €50,488 €73,030 +€22,541 +44.6%
Non-distributable reserves 130/1 €1,085 €1,085 = 0.0%
Reserves not available under the articles 1311 €1,085 €1,085 = 0.0%
Distributable reserves 133 €49,404 €71,945 +€22,541 +45.6%
Amounts payable 17/49 €128,253 €124,269 -€3,983 -3.1%
Amounts payable after more than one year 17 €90,451 €82,149 -€8,302 -9.2%
Financial debts 170/4 €90,451 €82,149 -€8,302 -9.2%
Amounts payable within one year 42/48 €37,802 €22,121 -€15,681 -41.5%
Current portion of amounts payable after more than one year 42 €7,908 €8,302 +€394 +5.0%
Trade debts 44 €18,667 €5,067 -€13,600 -72.9%
Suppliers 440/4 €18,667 €5,067 -€13,600 -72.9%
Taxes, remuneration and social security 45 €11,228 €8,751 -€2,476 -22.1%
Taxes 450/3 €11,228 €8,751 -€2,476 -22.1%
Accrued charges and deferred income 492/3 - €20,000 +€20,000
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €1,252 €12,490 +€11,238 +897.5%
Other operating charges 640/8 €3,395 €418 -€2,977 -87.7%
Gross operating margin 9900 €27,900 €46,980 +€19,080 +68.4%
Operating profit (loss) 9901 €23,253 €34,072 +€10,819 +46.5%
Financial income 75/76B €5 €202 +€197 +3989.7%
Recurring financial income 75 €5 €202 +€197 +3989.7%
Financial charges 65/66B €3,767 €6,289 +€2,522 +66.9%
Recurring financial charges 65 €3,767 €6,289 +€2,522 +66.9%
Profit (loss) for the period before taxes 9903 €19,491 €27,986 +€8,495 +43.6%
Income taxes 67/77 €5,130 €5,445 +€314 +6.1%
Profit (loss) for the period 9904 €14,360 €22,541 +€8,181 +57.0%
Profit (loss) for the period to be appropriated 9905 €14,360 €22,541 +€8,181 +57.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.