CHOUHAN: 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.
CHOUHAN
Largest movements
- Cash -€5,599
down €5,599 (-39.0%), from €14,354 to €8,754
mainly Net result for the year (-€6,949) and Trade debts (-€2,773)
- Stocks and contracts -€5,324
down €5,324 (-13.6%), from €39,268 to €33,944
- Receivables within one year +€2,369
up €2,369 (+28.8%), from €8,221 to €10,591
of which Trade receivables: +€1,450
- Profit (loss) carried forward -€6,949
down €6,949 (-57.8%), from €12,023 to €5,074
- Trade debts -€2,773
down €2,773 (-9.4%), from €29,432 to €26,659
- Tax, wage and social debts +€1,768
up €1,768 (+75.6%), from €2,338 to €4,106
of which Taxes: +€1,688
- Gross operating margin -€9,532
down €9,532 (-35.2%), from €27,073 to €17,541
- Other operating charges -€1,582
down €1,582 (-76.7%), from €2,062 to €480
- Staff costs +€1,203
up €1,203 (+5.6%), from €21,537 to €22,740
- Taxes -€613
no longer reported in 2025 (was €613)
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 | €63,178 | €54,614 | -€8,565 | -13.6% |
| Fixed assets | 21/28 | €164 | - | -€164 | |
| Tangible fixed assets | 22/27 | €164 | - | -€164 | |
| Plant, machinery and equipment | 23 | €164 | - | -€164 | |
| Current assets | 29/58 | €63,014 | €54,614 | -€8,400 | -13.3% |
| Stocks and contracts in progress | 3 | €39,268 | €33,944 | -€5,324 | -13.6% |
| Stocks | 30/36 | €39,268 | €33,944 | -€5,324 | -13.6% |
| Amounts receivable within one year | 40/41 | €8,221 | €10,591 | +€2,369 | +28.8% |
| Trade receivables | 40 | €3,415 | €4,865 | +€1,450 | +42.5% |
| Other amounts receivable | 41 | €4,806 | €5,726 | +€920 | +19.1% |
| Cash at bank and in hand | 54/58 | €14,354 | €8,754 | -€5,599 | -39.0% |
| Deferred charges and accrued income | 490/1 | €1,171 | €1,325 | +€154 | +13.1% |
| Total equity and liabilities | 10/49 | €63,178 | €54,614 | -€8,565 | -13.6% |
| Equity | 10/15 | €20,083 | €13,134 | -€6,949 | -34.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,023 | €5,074 | -€6,949 | -57.8% |
| Amounts payable | 17/49 | €43,095 | €41,480 | -€1,615 | -3.7% |
| Amounts payable within one year | 42/48 | €43,095 | €41,480 | -€1,615 | -3.7% |
| Trade debts | 44 | €29,432 | €26,659 | -€2,773 | -9.4% |
| Suppliers | 440/4 | €29,432 | €26,659 | -€2,773 | -9.4% |
| Taxes, remuneration and social security | 45 | €2,338 | €4,106 | +€1,768 | +75.6% |
| Taxes | 450/3 | €2,005 | €3,693 | +€1,688 | +84.2% |
| Remuneration and social security | 454/9 | €334 | €414 | +€80 | +24.1% |
| Other amounts payable | 47/48 | €11,326 | €10,715 | -€611 | -5.4% |
| Remuneration, social security and pensions | 62 | €21,537 | €22,740 | +€1,203 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €164 | €164 | = | 0.0% |
| Other operating charges | 640/8 | €2,062 | €480 | -€1,582 | -76.7% |
| Non-recurring operating charges | 66A | - | €750 | +€750 | |
| Gross operating margin | 9900 | €27,073 | €17,541 | -€9,532 | -35.2% |
| Operating profit (loss) | 9901 | €3,309 | -€6,593 | -€9,903 | |
| Financial income | 75/76B | €2 | €0 | -€2 | -82.8% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -82.8% |
| Financial charges | 65/66B | €304 | €356 | +€52 | +17.3% |
| Recurring financial charges | 65 | €304 | €356 | +€52 | +17.3% |
| Profit (loss) for the period before taxes | 9903 | €3,007 | -€6,949 | -€9,957 | |
| Income taxes | 67/77 | €613 | - | -€613 | |
| Profit (loss) for the period | 9904 | €2,395 | -€6,949 | -€9,344 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,395 | -€6,949 | -€9,344 |
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 4 October 2026 via checked.be.