CHOUKRAN: what changed
CHOUKRAN
Largest movements
- Receivables within one year -€78,252
down €78,252 (-90.0%), from €86,918 to €8,666
of which Other amounts receivable: -€80,292
- Cash -€12,780
down €12,780 (-97.0%), from €13,180 to €400
mainly Other debts (-€94,019) and Smaller working-capital items (-€342)
- Stocks and contracts -€2,790
no longer reported in 2025 (was €2,790)
- Other debts -€94,019
down €94,019 (-94.0%), from €100,000 to €5,981
- Gross operating margin +€6,595
up €6,595, from -€2,956 to €3,639
- Financial income -€5,258
down €5,258 (-95.6%), from €5,500 to €242
- Depreciation -€5,000
no longer reported in 2025 (was €5,000)
- Write-downs +€2,790
new in 2025: €2,790
- Other operating charges -€53
down €53 (-10.3%), from €514 to €461
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €103,872 | €10,050 | -€93,822 | -90.3% |
| Fixed assets | 21/28 | €984 | €984 | = | 0.0% |
| Financial fixed assets | 28 | €984 | €984 | = | 0.0% |
| Current assets | 29/58 | €102,888 | €9,066 | -€93,822 | -91.2% |
| Stocks and contracts in progress | 3 | €2,790 | - | -€2,790 | |
| Stocks | 30/36 | €2,790 | - | -€2,790 | |
| Amounts receivable within one year | 40/41 | €86,918 | €8,666 | -€78,252 | -90.0% |
| Trade receivables | 40 | €1,210 | €3,250 | +€2,040 | +169% |
| Other amounts receivable | 41 | €85,708 | €5,416 | -€80,292 | -93.7% |
| Cash at bank and in hand | 54/58 | €13,180 | €400 | -€12,780 | -97.0% |
| Total equity and liabilities | 10/49 | €103,872 | €10,050 | -€93,822 | -90.3% |
| Equity | 10/15 | €3,481 | €4,020 | +€539 | +15.5% |
| Contributions | 10/11 | €1,918 | €1,918 | = | 0.0% |
| Capital | 10 | - | €1,918 | +€1,918 | |
| Issued capital | 100 | - | €1,918 | +€1,918 | |
| Reserves | 13 | €192 | €192 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €192 | +€192 | |
| Legal reserve | 130 | - | €192 | +€192 | |
| Distributable reserves | 133 | €192 | - | -€192 | |
| Profit (loss) carried forward | 14 | €1,371 | €1,910 | +€539 | +39.3% |
| Amounts payable | 17/49 | €100,391 | €6,030 | -€94,361 | -94.0% |
| Amounts payable within one year | 42/48 | €100,391 | €6,030 | -€94,361 | -94.0% |
| Trade debts | 44 | €252 | €49 | -€203 | -80.6% |
| Suppliers | 440/4 | €252 | €49 | -€203 | -80.6% |
| Taxes, remuneration and social security | 45 | €139 | - | -€139 | |
| Taxes | 450/3 | €139 | - | -€139 | |
| Other amounts payable | 47/48 | €100,000 | €5,981 | -€94,019 | -94.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,000 | - | -€5,000 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €2,790 | +€2,790 | |
| Other operating charges | 640/8 | €514 | €461 | -€53 | -10.3% |
| Gross operating margin | 9900 | -€2,956 | €3,639 | +€6,595 | |
| Operating profit (loss) | 9901 | -€8,470 | €388 | +€8,858 | |
| Financial income | 75/76B | €5,500 | €242 | -€5,258 | -95.6% |
| Recurring financial income | 75 | €5,500 | €242 | -€5,258 | -95.6% |
| Financial charges | 65/66B | €94 | €91 | -€3 | -3.2% |
| Recurring financial charges | 65 | €94 | €91 | -€3 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,064 | €539 | +€3,603 | |
| Profit (loss) for the period | 9904 | -€3,064 | €539 | +€3,603 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,064 | €539 | +€3,603 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.