CHOPIN AS: 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.
CHOPIN AS
Largest movements
- Tangible fixed assets +€223,441
new in 2025: €223,441
- Receivables within one year -€12,500
no longer reported in 2025 (was €12,500)
- Intangible fixed assets -€3,719
no longer reported in 2025 (was €3,719)
- Debts after one year +€184,475
up €184,475 (+4,266%), from €4,325 to €188,800
- Contributions +€12,400
up €12,400 (+200%), from €6,200 to €18,600
- Profit (loss) carried forward +€8,256
up €8,256 (+28.9%), from -€28,522 to -€20,265
- Depreciation -€12,317
down €12,317 (-73.0%), from €16,876 to €4,559
- Other operating charges +€3,764
up €3,764 (+253%), from €1,485 to €5,249
- Gross operating margin +€583
up €583 (+3.4%), from €17,146 to €17,729
- Financial charges -€362
down €362 (-51.8%), from €698 to €336
- Financial income -€188
down €188 (-21.9%), from €859 to €671
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 | €27,130 | €232,248 | +€205,118 | +756% |
| Formation expenses | 20 | €7,995 | €5,995 | -€2,000 | -25.0% |
| Fixed assets | 21/28 | €3,719 | €223,441 | +€219,722 | +5,908% |
| Intangible fixed assets | 21 | €3,719 | - | -€3,719 | |
| Tangible fixed assets | 22/27 | - | €223,441 | +€223,441 | |
| Land and buildings | 22 | - | €223,441 | +€223,441 | |
| Current assets | 29/58 | €15,416 | €2,813 | -€12,603 | -81.8% |
| Amounts receivable within one year | 40/41 | €12,500 | - | -€12,500 | |
| Other amounts receivable | 41 | €12,500 | - | -€12,500 | |
| Cash at bank and in hand | 54/58 | €2,488 | €2,372 | -€116 | -4.7% |
| Deferred charges and accrued income | 490/1 | €429 | €441 | +€12 | +2.9% |
| Total equity and liabilities | 10/49 | €27,130 | €232,248 | +€205,118 | +756% |
| Equity | 10/15 | €5,238 | €25,895 | +€20,656 | +394% |
| Contributions | 10/11 | €6,200 | €18,600 | +€12,400 | +200% |
| Reserves | 13 | €27,560 | €27,560 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,800 | €8,800 | = | 0.0% |
| Distributable reserves | 133 | €18,760 | €18,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,522 | -€20,265 | +€8,256 | +28.9% |
| Amounts payable | 17/49 | €21,892 | €206,353 | +€184,462 | +843% |
| Amounts payable after more than one year | 17 | €4,325 | €188,800 | +€184,475 | +4,266% |
| Financial debts | 170/4 | €4,325 | €188,800 | +€184,475 | +4,266% |
| Amounts payable within one year | 42/48 | €17,567 | €17,553 | -€13 | -0.1% |
| Current portion of amounts payable after more than one year | 42 | €17,069 | €17,419 | +€349 | +2.0% |
| Trade debts | 44 | - | €135 | +€135 | |
| Suppliers | 440/4 | - | €135 | +€135 | |
| Other amounts payable | 47/48 | €497 | - | -€497 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,876 | €4,559 | -€12,317 | -73.0% |
| Other operating charges | 640/8 | €1,485 | €5,249 | +€3,764 | +253% |
| Gross operating margin | 9900 | €17,146 | €17,729 | +€583 | +3.4% |
| Operating profit (loss) | 9901 | -€1,215 | €7,921 | +€9,136 | |
| Financial income | 75/76B | €859 | €671 | -€188 | -21.9% |
| Recurring financial income | 75 | €859 | €671 | -€188 | -21.9% |
| Financial charges | 65/66B | €698 | €336 | -€362 | -51.8% |
| Recurring financial charges | 65 | €698 | €336 | -€362 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,054 | €8,256 | +€9,310 | |
| Profit (loss) for the period | 9904 | -€1,054 | €8,256 | +€9,310 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,054 | €8,256 | +€9,310 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.