CHRINDA: 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.
CHRINDA
Largest movements
- Receivables within one year +€33,209
up €33,209 (+45.1%), from €73,556 to €106,765
of which Other amounts receivable: +€33,145
- Cash -€10,850
down €10,850 (-38.4%), from €28,249 to €17,399
mainly Receivables within one year (-€33,209) and Contributions, distributions and other (-€31,872)
- Current investments +€9,520
new in 2025: €9,520
- Tangible fixed assets -€4,483
down €4,483 (-3.3%), from €137,743 to €133,260
of which Land and buildings: -€4,335
- Deferred charges and accrued income +€3,029
up €3,029 (+26.6%), from €11,396 to €14,425
- Reserves +€36,128
up €36,128 (+17.1%), from €211,872 to €248,000
- Debts after one year -€14,410
down €14,410 (-48.9%), from €29,452 to €15,042
- Short-term financial debts +€4,381
up €4,381 (+708%), from €619 to €5,000
- Tax, wage and social debts +€4,236
up €4,236 (+244%), from €1,737 to €5,972
- Depreciation -€11,260
down €11,260 (-64.5%), from €17,466 to €6,206
- Gross operating margin +€10,309
up €10,309 (+10.0%), from €102,752 to €113,062
- Taxes +€7,335
up €7,335 (+23.6%), from €31,117 to €38,452
- Financial income +€1,341
up €1,341 (+37.5%), from €3,574 to €4,915
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 | €266,832 | €296,257 | +€29,426 | +11.0% |
| Fixed assets | 21/28 | €138,831 | €133,348 | -€5,483 | -3.9% |
| Intangible fixed assets | 21 | €1,000 | €0 | -€1,000 | -100% |
| Tangible fixed assets | 22/27 | €137,743 | €133,260 | -€4,483 | -3.3% |
| Land and buildings | 22 | €128,303 | €123,969 | -€4,335 | -3.4% |
| Furniture and vehicles | 24 | €9,439 | €9,291 | -€148 | -1.6% |
| Financial fixed assets | 28 | €88 | €88 | = | 0.0% |
| Current assets | 29/58 | €128,001 | €162,909 | +€34,908 | +27.3% |
| Amounts receivable after more than one year | 29 | €14,800 | €14,800 | = | 0.0% |
| Other amounts receivable | 291 | €14,800 | €14,800 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €73,556 | €106,765 | +€33,209 | +45.1% |
| Trade receivables | 40 | €17,475 | €17,538 | +€64 | +0.4% |
| Other amounts receivable | 41 | €56,081 | €89,226 | +€33,145 | +59.1% |
| Current investments | 50/53 | - | €9,520 | +€9,520 | |
| Cash at bank and in hand | 54/58 | €28,249 | €17,399 | -€10,850 | -38.4% |
| Deferred charges and accrued income | 490/1 | €11,396 | €14,425 | +€3,029 | +26.6% |
| Total equity and liabilities | 10/49 | €266,832 | €296,257 | +€29,426 | +11.0% |
| Equity | 10/15 | €218,143 | €254,274 | +€36,131 | +16.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €211,872 | €248,000 | +€36,128 | +17.1% |
| Distributable reserves | 133 | €211,872 | €248,000 | +€36,128 | +17.1% |
| Profit (loss) carried forward | 14 | €71 | €74 | +€3 | +4.4% |
| Amounts payable | 17/49 | €48,688 | €41,983 | -€6,705 | -13.8% |
| Amounts payable after more than one year | 17 | €29,452 | €15,042 | -€14,410 | -48.9% |
| Financial debts | 170/4 | €29,452 | €15,042 | -€14,410 | -48.9% |
| Amounts payable within one year | 42/48 | €19,237 | €26,941 | +€7,705 | +40.1% |
| Current portion of amounts payable after more than one year | 42 | €13,805 | €14,410 | +€605 | +4.4% |
| Financial debts | 43 | €619 | €5,000 | +€4,381 | +708% |
| Credit institutions | 430/8 | €619 | €5,000 | +€4,381 | +708% |
| Trade debts | 44 | €3,076 | €1,559 | -€1,517 | -49.3% |
| Suppliers | 440/4 | €3,076 | €1,559 | -€1,517 | -49.3% |
| Taxes, remuneration and social security | 45 | €1,737 | €5,972 | +€4,236 | +244% |
| Taxes | 450/3 | €1,737 | €5,972 | +€4,236 | +244% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,466 | €6,206 | -€11,260 | -64.5% |
| Other operating charges | 640/8 | €2,461 | €2,502 | +€41 | +1.7% |
| Gross operating margin | 9900 | €102,752 | €113,062 | +€10,309 | +10.0% |
| Operating profit (loss) | 9901 | €82,825 | €104,353 | +€21,528 | +26.0% |
| Financial income | 75/76B | €3,574 | €4,915 | +€1,341 | +37.5% |
| Recurring financial income | 75 | €3,574 | €4,915 | +€1,341 | +37.5% |
| Financial charges | 65/66B | €3,860 | €2,813 | -€1,047 | -27.1% |
| Recurring financial charges | 65 | €3,860 | €2,813 | -€1,047 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €82,540 | €106,455 | +€23,916 | +29.0% |
| Income taxes | 67/77 | €31,117 | €38,452 | +€7,335 | +23.6% |
| Profit (loss) for the period | 9904 | €51,423 | €68,003 | +€16,581 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €51,423 | €68,003 | +€16,581 | +32.2% |
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 25 October 2026 via checked.be.