CHOUBIDOUS: 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.
CHOUBIDOUS
Largest movements
- Stocks and contracts -€56,723
down €56,723 (-23.8%), from €237,941 to €181,218
- Cash +€31,679
up €31,679 (+109.8%), from €28,844 to €60,523
mainly Stocks and contracts (+€56,723) and Receivables within one year (+€12,476)
- Receivables within one year -€12,476
down €12,476 (-15.7%), from €79,447 to €66,971
of which Trade receivables: -€26,357
- Tangible fixed assets -€6,892
down €6,892 (-37.5%), from €18,396 to €11,505
- Intangible fixed assets +€3,801
up €3,801 (+1073.5%), from €354 to €4,155
- Profit (loss) carried forward -€11,751
down €11,751 (-11.3%), from €103,702 to €91,951
- Debts after one year -€11,358
down €11,358 (-19.0%), from €59,871 to €48,513
of which Other amounts payable: -€7,367
- Trade debts -€9,510
down €9,510 (-27.0%), from €35,175 to €25,664
- Advances received -€4,423
no longer reported in 2025 (was €4,423)
- Gross operating margin -€56,609
down €56,609 (-34.9%), from €161,989 to €105,380
- Taxes -€13,890
down €13,890 (-98.9%), from €14,051 to €161
- Staff costs +€4,064
up €4,064 (+4.0%), from €101,860 to €105,924
- Write-downs -€2,453
no longer reported in 2025 (was €2,453)
- Financial income -€2,035
no longer reported in 2025 (was €2,035)
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 | €367,529 | €326,316 | -€41,213 | -11.2% |
| Fixed assets | 21/28 | €18,750 | €15,660 | -€3,091 | -16.5% |
| Intangible fixed assets | 21 | €354 | €4,155 | +€3,801 | +1073.5% |
| Tangible fixed assets | 22/27 | €18,396 | €11,505 | -€6,892 | -37.5% |
| Furniture and vehicles | 24 | €18,396 | €11,505 | -€6,892 | -37.5% |
| Current assets | 29/58 | €348,779 | €310,656 | -€38,123 | -10.9% |
| Stocks and contracts in progress | 3 | €237,941 | €181,218 | -€56,723 | -23.8% |
| Stocks | 30/36 | €237,941 | €181,218 | -€56,723 | -23.8% |
| Amounts receivable within one year | 40/41 | €79,447 | €66,971 | -€12,476 | -15.7% |
| Trade receivables | 40 | €78,204 | €51,848 | -€26,357 | -33.7% |
| Other amounts receivable | 41 | €1,243 | €15,124 | +€13,881 | +1116.8% |
| Cash at bank and in hand | 54/58 | €28,844 | €60,523 | +€31,679 | +109.8% |
| Deferred charges and accrued income | 490/1 | €2,547 | €1,944 | -€603 | -23.7% |
| Total equity and liabilities | 10/49 | €367,529 | €326,316 | -€41,213 | -11.2% |
| Equity | 10/15 | €237,302 | €225,551 | -€11,751 | -5.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €115,000 | €115,000 | = | 0.0% |
| Distributable reserves | 133 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,702 | €91,951 | -€11,751 | -11.3% |
| Amounts payable | 17/49 | €130,228 | €100,765 | -€29,463 | -22.6% |
| Amounts payable after more than one year | 17 | €59,871 | €48,513 | -€11,358 | -19.0% |
| Financial debts | 170/4 | €4,616 | €625 | -€3,991 | -86.5% |
| Other amounts payable | 178/9 | €55,255 | €47,888 | -€7,367 | -13.3% |
| Amounts payable within one year | 42/48 | €70,357 | €52,253 | -€18,105 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €7,347 | €4,305 | -€3,042 | -41.4% |
| Trade debts | 44 | €35,175 | €25,664 | -€9,510 | -27.0% |
| Suppliers | 440/4 | €35,175 | €25,664 | -€9,510 | -27.0% |
| Advances received on contracts in progress | 46 | €4,423 | - | -€4,423 | |
| Taxes, remuneration and social security | 45 | €23,413 | €22,284 | -€1,129 | -4.8% |
| Taxes | 450/3 | €11,907 | €9,618 | -€2,289 | -19.2% |
| Remuneration and social security | 454/9 | €11,506 | €12,666 | +€1,160 | +10.1% |
| Remuneration, social security and pensions | 62 | €101,860 | €105,924 | +€4,064 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,580 | €8,996 | +€1,416 | +18.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,453 | - | -€2,453 | |
| Other operating charges | 640/8 | €1,326 | €920 | -€406 | -30.6% |
| Gross operating margin | 9900 | €161,989 | €105,380 | -€56,609 | -34.9% |
| Operating profit (loss) | 9901 | €48,770 | -€10,460 | -€59,231 | |
| Financial income | 75/76B | €2,035 | - | -€2,035 | |
| Recurring financial income | 75 | €2,035 | - | -€2,035 | |
| Financial charges | 65/66B | €1,442 | €1,130 | -€313 | -21.7% |
| Recurring financial charges | 65 | €1,442 | €1,130 | -€313 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €49,363 | -€11,590 | -€60,953 | |
| Income taxes | 67/77 | €14,051 | €161 | -€13,890 | -98.9% |
| Profit (loss) for the period | 9904 | €35,312 | -€11,751 | -€47,063 | |
| Profit (loss) for the period to be appropriated | 9905 | €35,312 | -€11,751 | -€47,063 |
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 10 October 2026 via checked.be.