CHOPIER: 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.
CHOPIER
Largest movements
- Receivables within one year +€26,224
up €26,224 (+19.2%), from €136,861 to €163,085
of which Trade receivables: +€24,902
- Cash -€9,787
down €9,787 (-7.4%), from €131,802 to €122,015
mainly Receivables within one year (-€26,224) and Trade debts (-€10,234)
- Reserves +€100,000
up €100,000 (+68.1%), from €146,860 to €246,860
of which Distributable reserves: +€100,000
- Profit (loss) carried forward -€79,320
down €79,320 (-97.6%), from €81,255 to €1,935
- Trade debts -€10,234
down €10,234 (-33.4%), from €30,658 to €20,424
- Other debts +€3,379
new in 2025: €3,379
- Financial income -€4,414
down €4,414 (-31.2%), from €14,145 to €9,731
- Gross operating margin +€3,950
up €3,950 (+2.7%), from €147,027 to €150,977
- Provisions +€2,000
up €2,000 (+36.4%), from €5,500 to €7,500
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 | €270,498 | €286,323 | +€15,825 | +5.9% |
| Fixed assets | 21/28 | €1,835 | €1,223 | -€612 | -33.4% |
| Tangible fixed assets | 22/27 | €1,835 | €1,223 | -€612 | -33.4% |
| Furniture and vehicles | 24 | €1,835 | €1,223 | -€612 | -33.4% |
| Current assets | 29/58 | €268,663 | €285,100 | +€16,437 | +6.1% |
| Amounts receivable within one year | 40/41 | €136,861 | €163,085 | +€26,224 | +19.2% |
| Trade receivables | 40 | €74,307 | €99,209 | +€24,902 | +33.5% |
| Other amounts receivable | 41 | €62,554 | €63,876 | +€1,322 | +2.1% |
| Cash at bank and in hand | 54/58 | €131,802 | €122,015 | -€9,787 | -7.4% |
| Total equity and liabilities | 10/49 | €270,498 | €286,323 | +€15,825 | +5.9% |
| Equity | 10/15 | €234,340 | €255,020 | +€20,680 | +8.8% |
| Contributions | 10/11 | €6,225 | €6,225 | = | 0.0% |
| Capital | 10 | €6,225 | €6,225 | = | 0.0% |
| Issued capital | 100 | €18,600 | €6,225 | -€12,375 | -66.5% |
| Uncalled capital | 101 | €12,375 | - | -€12,375 | |
| Reserves | 13 | €146,860 | €246,860 | +€100,000 | +68.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €145,000 | €245,000 | +€100,000 | +69.0% |
| Profit (loss) carried forward | 14 | €81,255 | €1,935 | -€79,320 | -97.6% |
| Amounts payable | 17/49 | €36,158 | €31,303 | -€4,855 | -13.4% |
| Amounts payable within one year | 42/48 | €30,658 | €23,803 | -€6,855 | -22.4% |
| Trade debts | 44 | €30,658 | €20,424 | -€10,234 | -33.4% |
| Suppliers | 440/4 | €30,658 | €20,424 | -€10,234 | -33.4% |
| Other amounts payable | 47/48 | - | €3,379 | +€3,379 | |
| Accrued charges and deferred income | 492/3 | €5,500 | €7,500 | +€2,000 | +36.4% |
| Remuneration, social security and pensions | 62 | €118,423 | €118,777 | +€354 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €612 | €612 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €5,500 | €7,500 | +€2,000 | +36.4% |
| Gross operating margin | 9900 | €147,027 | €150,977 | +€3,950 | +2.7% |
| Operating profit (loss) | 9901 | €22,492 | €24,088 | +€1,596 | +7.1% |
| Financial income | 75/76B | €14,145 | €9,731 | -€4,414 | -31.2% |
| Recurring financial income | 75 | €14,145 | €9,731 | -€4,414 | -31.2% |
| Financial charges | 65/66B | €14,100 | €13,139 | -€961 | -6.8% |
| Recurring financial charges | 65 | €14,100 | €13,139 | -€961 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €22,537 | €20,680 | -€1,857 | -8.2% |
| Profit (loss) for the period | 9904 | €22,537 | €20,680 | -€1,857 | -8.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,537 | €20,680 | -€1,857 | -8.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.