Chou-Chan: 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.
Chou-Chan
Largest movements
- Receivables within one year +€37,441
up €37,441 (+94.2%), from €39,761 to €77,202
of which Other amounts receivable: +€37,274
- Cash -€27,147
down €27,147 (-48.9%), from €55,522 to €28,375
mainly Receivables within one year (-€37,441) and Investment in fixed assets (net) (-€5,854)
- Tangible fixed assets +€4,553
up €4,553 (+300%), from €1,516 to €6,070
of which Furniture and vehicles: +€2,643
- Profit (loss) carried forward +€31,482
no longer reported in 2025 (was -€31,482)
- Reserves -€19,585
down €19,585 (-16.3%), from €120,215 to €100,630
- Trade debts +€3,846
up €3,846 (+1,212%), from €317 to €4,163
- Tax, wage and social debts -€1,896
down €1,896 (-59.4%), from €3,190 to €1,293
of which Remuneration and social security: -€1,368
- Gross operating margin -€12,956
down €12,956 (-21.9%), from €59,106 to €46,149
- Financial income +€1,476
up €1,476 (+62.1%), from €2,377 to €3,853
- Other operating charges -€1,366
down €1,366 (-55.0%), from €2,485 to €1,119
- Depreciation +€1,111
up €1,111 (+586%), from €190 to €1,300
- Staff costs +€677
up €677 (+1.9%), from €34,900 to €35,577
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 | €100,300 | €114,146 | +€13,847 | +13.8% |
| Fixed assets | 21/28 | €1,516 | €6,070 | +€4,553 | +300% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,516 | €6,070 | +€4,553 | +300% |
| Plant, machinery and equipment | 23 | €1,516 | €3,427 | +€1,911 | +126% |
| Furniture and vehicles | 24 | €0 | €2,643 | +€2,643 | |
| Current assets | 29/58 | €98,783 | €108,076 | +€9,293 | +9.4% |
| Stocks and contracts in progress | 3 | €3,500 | €2,500 | -€1,000 | -28.6% |
| Stocks | 30/36 | €3,500 | €2,500 | -€1,000 | -28.6% |
| Amounts receivable within one year | 40/41 | €39,761 | €77,202 | +€37,441 | +94.2% |
| Trade receivables | 40 | - | €167 | +€167 | |
| Other amounts receivable | 41 | €39,761 | €77,035 | +€37,274 | +93.7% |
| Cash at bank and in hand | 54/58 | €55,522 | €28,375 | -€27,147 | -48.9% |
| Total equity and liabilities | 10/49 | €100,300 | €114,146 | +€13,847 | +13.8% |
| Equity | 10/15 | €96,793 | €108,690 | +€11,897 | +12.3% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €120,215 | €100,630 | -€19,585 | -16.3% |
| Distributable reserves | 133 | €120,215 | €100,630 | -€19,585 | -16.3% |
| Profit (loss) carried forward | 14 | -€31,482 | - | +€31,482 | |
| Amounts payable | 17/49 | €3,507 | €5,456 | +€1,949 | +55.6% |
| Amounts payable within one year | 42/48 | €3,507 | €5,456 | +€1,949 | +55.6% |
| Trade debts | 44 | €317 | €4,163 | +€3,846 | +1,212% |
| Suppliers | 440/4 | €317 | €4,163 | +€3,846 | +1,212% |
| Taxes, remuneration and social security | 45 | €3,190 | €1,293 | -€1,896 | -59.4% |
| Taxes | 450/3 | €529 | - | -€529 | |
| Remuneration and social security | 454/9 | €2,661 | €1,293 | -€1,368 | -51.4% |
| Remuneration, social security and pensions | 62 | €34,900 | €35,577 | +€677 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190 | €1,300 | +€1,111 | +586% |
| Other operating charges | 640/8 | €2,485 | €1,119 | -€1,366 | -55.0% |
| Gross operating margin | 9900 | €59,106 | €46,149 | -€12,956 | -21.9% |
| Operating profit (loss) | 9901 | €21,530 | €8,153 | -€13,378 | -62.1% |
| Financial income | 75/76B | €2,377 | €3,853 | +€1,476 | +62.1% |
| Recurring financial income | 75 | €2,377 | €3,853 | +€1,476 | +62.1% |
| Financial charges | 65/66B | €7 | €108 | +€101 | +1,470% |
| Recurring financial charges | 65 | €7 | €108 | +€101 | +1,470% |
| Profit (loss) for the period before taxes | 9903 | €23,900 | €11,897 | -€12,003 | -50.2% |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | €23,761 | €11,897 | -€11,864 | -49.9% |
| Profit (loss) for the period to be appropriated | 9905 | €23,761 | €11,897 | -€11,864 | -49.9% |
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 23 October 2026 via checked.be.