CHOUPI: 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.
CHOUPI
Largest movements
- Tangible fixed assets -€45,456
down €45,456 (-19.7%), from €230,300 to €184,845
of which Plant, machinery and equipment: -€44,600
- Cash -€18,782
down €18,782 (-6.4%), from €291,259 to €272,477
mainly Net result for the year (-€33,356) and Debts after one year (-€24,598)
- Profit (loss) carried forward -€33,356
down €33,356 (-17.9%), from €186,089 to €152,733
- Debts after one year -€24,598
down €24,598 (-14.0%), from €175,410 to €150,812
- Gross operating margin -€57,834
down €57,834 (-20.1%), from €287,058 to €229,225
- Staff costs +€23,124
up €23,124 (+12.5%), from €184,962 to €208,086
- Taxes -€10,571
down €10,571 (-99.2%), from €10,659 to €88
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 | €748,425 | €671,948 | -€76,477 | -10.2% |
| Fixed assets | 21/28 | €233,457 | €184,845 | -€48,612 | -20.8% |
| Tangible fixed assets | 22/27 | €230,300 | €184,845 | -€45,456 | -19.7% |
| Plant, machinery and equipment | 23 | €226,352 | €181,752 | -€44,600 | -19.7% |
| Furniture and vehicles | 24 | €139 | - | -€139 | |
| Other tangible fixed assets | 26 | €3,810 | €3,093 | -€717 | -18.8% |
| Financial fixed assets | 28 | €3,157 | - | -€3,157 | |
| Current assets | 29/58 | €514,968 | €487,104 | -€27,864 | -5.4% |
| Stocks and contracts in progress | 3 | €192,390 | €188,529 | -€3,861 | -2.0% |
| Stocks | 30/36 | €192,390 | €188,529 | -€3,861 | -2.0% |
| Amounts receivable within one year | 40/41 | €27,179 | €21,531 | -€5,649 | -20.8% |
| Trade receivables | 40 | €7,928 | €2,481 | -€5,447 | -68.7% |
| Other amounts receivable | 41 | €19,252 | €19,050 | -€202 | -1.0% |
| Cash at bank and in hand | 54/58 | €291,259 | €272,477 | -€18,782 | -6.4% |
| Deferred charges and accrued income | 490/1 | €4,139 | €4,567 | +€427 | +10.3% |
| Total equity and liabilities | 10/49 | €748,425 | €671,948 | -€76,477 | -10.2% |
| Equity | 10/15 | €277,089 | €243,733 | -€33,356 | -12.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €41,000 | €41,000 | = | 0.0% |
| Distributable reserves | 133 | €41,000 | €41,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €186,089 | €152,733 | -€33,356 | -17.9% |
| Amounts payable | 17/49 | €471,336 | €428,215 | -€43,121 | -9.1% |
| Amounts payable after more than one year | 17 | €175,410 | €150,812 | -€24,598 | -14.0% |
| Financial debts | 170/4 | €175,410 | €150,812 | -€24,598 | -14.0% |
| Amounts payable within one year | 42/48 | €290,916 | €274,443 | -€16,473 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €23,988 | €24,598 | +€609 | +2.5% |
| Trade debts | 44 | €130,016 | €123,835 | -€6,181 | -4.8% |
| Suppliers | 440/4 | €130,016 | €123,835 | -€6,181 | -4.8% |
| Taxes, remuneration and social security | 45 | €52,552 | €47,330 | -€5,223 | -9.9% |
| Taxes | 450/3 | €24,613 | €15,990 | -€8,623 | -35.0% |
| Remuneration and social security | 454/9 | €27,939 | €31,340 | +€3,401 | +12.2% |
| Other amounts payable | 47/48 | €84,359 | €78,681 | -€5,679 | -6.7% |
| Accrued charges and deferred income | 492/3 | €5,010 | €2,960 | -€2,050 | -40.9% |
| Remuneration, social security and pensions | 62 | €184,962 | €208,086 | +€23,124 | +12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,552 | €45,456 | -€2,097 | -4.4% |
| Other operating charges | 640/8 | €1,393 | €2,307 | +€914 | +65.6% |
| Gross operating margin | 9900 | €287,058 | €229,225 | -€57,834 | -20.1% |
| Operating profit (loss) | 9901 | €53,151 | -€26,624 | -€79,775 | |
| Financial income | 75/76B | €791 | €816 | +€26 | +3.2% |
| Recurring financial income | 75 | €791 | €816 | +€26 | +3.2% |
| Financial charges | 65/66B | €5,162 | €7,459 | +€2,297 | +44.5% |
| Recurring financial charges | 65 | €5,162 | €7,459 | +€2,297 | +44.5% |
| Profit (loss) for the period before taxes | 9903 | €48,779 | -€33,267 | -€82,046 | |
| Income taxes | 67/77 | €10,659 | €88 | -€10,571 | -99.2% |
| Profit (loss) for the period | 9904 | €38,120 | -€33,356 | -€71,475 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,120 | -€33,356 | -€71,475 |
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 20 October 2026 via checked.be.