CHOPARDO: 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.
CHOPARDO
Largest movements
- Financial fixed assets -€11,250
down €11,250 (-9.3%), from €120,500 to €109,250
- Cash -€5,729
down €5,729 (-65.9%), from €8,691 to €2,962
mainly Other debts (-€22,176) and Trade debts (-€1,579)
- Other debts -€22,176
down €22,176 (-45.4%), from €48,794 to €26,618
- Reserves +€5,709
up €5,709 (+85.6%), from €6,672 to €12,381
- Trade debts -€1,579
down €1,579 (-47.2%), from €3,349 to €1,770
- Staff costs +€5,188
up €5,188 (+15.5%), from €33,507 to €38,694
- Financial charges -€1,793
down €1,793 (-38.5%), from €4,654 to €2,861
- Gross operating margin +€1,680
up €1,680 (+3.9%), from €42,984 to €44,664
- Taxes -€635
down €635 (-17.3%), from €3,679 to €3,044
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 | €140,593 | €122,611 | -€17,982 | -12.8% |
| Fixed assets | 21/28 | €120,500 | €109,250 | -€11,250 | -9.3% |
| Financial fixed assets | 28 | €120,500 | €109,250 | -€11,250 | -9.3% |
| Current assets | 29/58 | €20,093 | €13,361 | -€6,732 | -33.5% |
| Amounts receivable within one year | 40/41 | €10,214 | €10,399 | +€185 | +1.8% |
| Trade receivables | 40 | €300 | €3,979 | +€3,679 | +1226.5% |
| Other amounts receivable | 41 | €9,914 | €6,420 | -€3,494 | -35.2% |
| Cash at bank and in hand | 54/58 | €8,691 | €2,962 | -€5,729 | -65.9% |
| Deferred charges and accrued income | 490/1 | €1,188 | €0 | -€1,188 | -100.0% |
| Total equity and liabilities | 10/49 | €140,593 | €122,611 | -€17,982 | -12.8% |
| Equity | 10/15 | €77,420 | €83,129 | +€5,709 | +7.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,672 | €12,381 | +€5,709 | +85.6% |
| Distributable reserves | 133 | €6,672 | €12,381 | +€5,709 | +85.6% |
| Profit (loss) carried forward | 14 | €8,775 | €8,775 | = | 0.0% |
| Amounts payable | 17/49 | €63,173 | €39,481 | -€23,691 | -37.5% |
| Amounts payable within one year | 42/48 | €63,173 | €39,481 | -€23,691 | -37.5% |
| Trade debts | 44 | €3,349 | €1,770 | -€1,579 | -47.2% |
| Suppliers | 440/4 | €3,349 | €1,770 | -€1,579 | -47.2% |
| Taxes, remuneration and social security | 45 | €11,030 | €11,094 | +€64 | +0.6% |
| Taxes | 450/3 | €7,912 | €6,540 | -€1,373 | -17.4% |
| Remuneration and social security | 454/9 | €3,117 | €4,555 | +€1,437 | +46.1% |
| Other amounts payable | 47/48 | €48,794 | €26,618 | -€22,176 | -45.4% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €1,131 | +€1,131 | |
| Remuneration, social security and pensions | 62 | €33,507 | €38,694 | +€5,188 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €754 | €610 | -€144 | -19.1% |
| Gross operating margin | 9900 | €42,984 | €44,664 | +€1,680 | +3.9% |
| Operating profit (loss) | 9901 | €8,723 | €5,360 | -€3,364 | -38.6% |
| Financial income | 75/76B | €6,282 | €6,256 | -€27 | -0.4% |
| Recurring financial income | 75 | €6,282 | €6,256 | -€27 | -0.4% |
| Financial charges | 65/66B | €4,654 | €2,861 | -€1,793 | -38.5% |
| Recurring financial charges | 65 | €4,654 | €2,861 | -€1,793 | -38.5% |
| Profit (loss) for the period before taxes | 9903 | €10,351 | €8,754 | -€1,598 | -15.4% |
| Income taxes | 67/77 | €3,679 | €3,044 | -€635 | -17.3% |
| Profit (loss) for the period | 9904 | €6,672 | €5,709 | -€963 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,672 | €5,709 | -€963 | -14.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.