CHOO CHOO: 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.
CHOO CHOO
Largest movements
- Cash +€77,816
up €77,816 (+608%), from €12,795 to €90,611
mainly Net result for the year (+€71,943) and Tax, wage and social debts (+€10,735)
- Receivables within one year -€4,220
down €4,220 (-27.6%), from €15,290 to €11,069
of which Trade receivables: -€4,200
- Reserves +€48,603
new in 2025: €48,603
- Profit (loss) carried forward +€23,339
up €23,339, from -€23,339 to €0
- Tax, wage and social debts +€10,735
up €10,735 (+171%), from €6,281 to €17,016
of which Taxes: +€11,007
- Debts after one year -€5,801
down €5,801 (-29.0%), from €20,017 to €14,216
of which Financial debts: -€5,799
- Trade debts -€3,359
down €3,359 (-75.6%), from €4,442 to €1,083
- Gross operating margin +€110,089
up €110,089, from -€22,160 to €87,929
- Taxes +€13,784
new in 2025: €13,784
- Depreciation +€900
up €900 (+388%), from €232 to €1,132
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 | €32,869 | €106,986 | +€74,117 | +225% |
| Fixed assets | 21/28 | €4,409 | €4,814 | +€405 | +9.2% |
| Tangible fixed assets | 22/27 | €2,509 | €2,914 | +€405 | +16.1% |
| Plant, machinery and equipment | 23 | €2,509 | €2,914 | +€405 | +16.1% |
| Financial fixed assets | 28 | €1,900 | €1,900 | = | 0.0% |
| Current assets | 29/58 | €28,460 | €102,172 | +€73,712 | +259% |
| Amounts receivable within one year | 40/41 | €15,290 | €11,069 | -€4,220 | -27.6% |
| Trade receivables | 40 | €15,270 | €11,069 | -€4,200 | -27.5% |
| Other amounts receivable | 41 | €20 | €0 | -€20 | -100% |
| Cash at bank and in hand | 54/58 | €12,795 | €90,611 | +€77,816 | +608% |
| Deferred charges and accrued income | 490/1 | €375 | €492 | +€117 | +31.1% |
| Total equity and liabilities | 10/49 | €32,869 | €106,986 | +€74,117 | +225% |
| Equity | 10/15 | -€3,316 | €68,626 | +€71,943 | |
| Contributions | 10/11 | €20,023 | €20,023 | = | 0.0% |
| Reserves | 13 | - | €48,603 | +€48,603 | |
| Distributable reserves | 133 | - | €48,603 | +€48,603 | |
| Profit (loss) carried forward | 14 | -€23,339 | €0 | +€23,339 | |
| Amounts payable | 17/49 | €36,186 | €38,360 | +€2,174 | +6.0% |
| Amounts payable after more than one year | 17 | €20,017 | €14,216 | -€5,801 | -29.0% |
| Financial debts | 170/4 | €20,015 | €14,216 | -€5,799 | -29.0% |
| Other amounts payable | 178/9 | €2 | €0 | -€2 | -100% |
| Amounts payable within one year | 42/48 | €16,169 | €24,144 | +€7,975 | +49.3% |
| Current portion of amounts payable after more than one year | 42 | €4,238 | €5,799 | +€1,561 | +36.8% |
| Financial debts | 43 | €1,207 | €0 | -€1,207 | -100% |
| Credit institutions | 430/8 | €1,207 | €0 | -€1,207 | -100% |
| Trade debts | 44 | €4,442 | €1,083 | -€3,359 | -75.6% |
| Suppliers | 440/4 | €4,442 | €1,083 | -€3,359 | -75.6% |
| Taxes, remuneration and social security | 45 | €6,281 | €17,016 | +€10,735 | +171% |
| Taxes | 450/3 | €3,481 | €14,488 | +€11,007 | +316% |
| Remuneration and social security | 454/9 | €2,800 | €2,528 | -€272 | -9.7% |
| Other amounts payable | 47/48 | - | €245 | +€245 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €232 | €1,132 | +€900 | +388% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €392 | - | -€392 | |
| Other operating charges | 640/8 | - | €0 | = | |
| Gross operating margin | 9900 | -€22,160 | €87,929 | +€110,089 | |
| Operating profit (loss) | 9901 | -€22,785 | €86,796 | +€109,581 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €555 | €1,070 | +€515 | +92.7% |
| Recurring financial charges | 65 | €555 | €1,070 | +€515 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | -€23,339 | €85,727 | +€109,066 | |
| Income taxes | 67/77 | - | €13,784 | +€13,784 | |
| Profit (loss) for the period | 9904 | -€23,339 | €71,943 | +€95,282 | |
| Profit (loss) for the period to be appropriated | 9905 | -€23,339 | €71,943 | +€95,282 |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.