CHRISELEC: 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.
CHRISELEC
Largest movements
- Cash +€12,987
up €12,987 (+10,362%), from €125 to €13,112
mainly Accrued charges and deferred income (+€17,371) and Net result for the year (+€17,261)
- Receivables within one year +€8,383
up €8,383 (+24.0%), from €34,966 to €43,349
of which Other amounts receivable: +€9,101
- Tangible fixed assets -€7,064
down €7,064 (-38.4%), from €18,403 to €11,338
of which Plant, machinery and equipment: -€5,654
- Stocks and contracts +€1,605
up €1,605 (+10.8%), from €14,898 to €16,504
- Accrued charges and deferred income +€17,371
new in 2025: €17,371
- Profit (loss) carried forward +€17,261
up €17,261 (+38.1%), from -€45,281 to -€28,020
- Other debts -€11,032
down €11,032 (-16.8%), from €65,481 to €54,448
- Trade debts -€5,803
down €5,803 (-18.3%), from €31,685 to €25,882
- Short-term financial debts -€3,904
no longer reported in 2025 (was €3,904)
- Staff costs -€44,365
down €44,365 (-54.6%), from €81,193 to €36,827
- Gross operating margin -€32,751
down €32,751 (-31.9%), from €102,669 to €69,918
- Depreciation -€1,780
down €1,780 (-20.1%), from €8,844 to €7,064
- Other operating charges +€1,101
up €1,101 (+57.9%), from €1,901 to €3,002
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 | €68,854 | €84,428 | +€15,573 | +22.6% |
| Fixed assets | 21/28 | €18,528 | €11,463 | -€7,064 | -38.1% |
| Tangible fixed assets | 22/27 | €18,403 | €11,338 | -€7,064 | -38.4% |
| Plant, machinery and equipment | 23 | €11,117 | €5,463 | -€5,654 | -50.9% |
| Furniture and vehicles | 24 | €7,286 | €5,875 | -€1,411 | -19.4% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €50,327 | €72,965 | +€22,638 | +45.0% |
| Stocks and contracts in progress | 3 | €14,898 | €16,504 | +€1,605 | +10.8% |
| Stocks | 30/36 | €14,898 | €16,504 | +€1,605 | +10.8% |
| Amounts receivable within one year | 40/41 | €34,966 | €43,349 | +€8,383 | +24.0% |
| Trade receivables | 40 | €33,409 | €32,691 | -€718 | -2.1% |
| Other amounts receivable | 41 | €1,558 | €10,658 | +€9,101 | +584% |
| Cash at bank and in hand | 54/58 | €125 | €13,112 | +€12,987 | +10,362% |
| Deferred charges and accrued income | 490/1 | €337 | - | -€337 | |
| Total equity and liabilities | 10/49 | €68,854 | €84,428 | +€15,573 | +22.6% |
| Equity | 10/15 | -€37,221 | -€19,960 | +€17,261 | +46.4% |
| 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 | -€45,281 | -€28,020 | +€17,261 | +38.1% |
| Amounts payable | 17/49 | €106,076 | €104,388 | -€1,688 | -1.6% |
| Amounts payable within one year | 42/48 | €106,076 | €87,017 | -€19,059 | -18.0% |
| Financial debts | 43 | €3,904 | - | -€3,904 | |
| Credit institutions | 430/8 | €3,904 | - | -€3,904 | |
| Trade debts | 44 | €31,685 | €25,882 | -€5,803 | -18.3% |
| Suppliers | 440/4 | €31,685 | €25,882 | -€5,803 | -18.3% |
| Taxes, remuneration and social security | 45 | €5,006 | €6,686 | +€1,680 | +33.6% |
| Taxes | 450/3 | €2,611 | €597 | -€2,014 | -77.1% |
| Remuneration and social security | 454/9 | €2,394 | €6,089 | +€3,695 | +154% |
| Other amounts payable | 47/48 | €65,481 | €54,448 | -€11,032 | -16.8% |
| Accrued charges and deferred income | 492/3 | - | €17,371 | +€17,371 | |
| Remuneration, social security and pensions | 62 | €81,193 | €36,827 | -€44,365 | -54.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,844 | €7,064 | -€1,780 | -20.1% |
| Other operating charges | 640/8 | €1,901 | €3,002 | +€1,101 | +57.9% |
| Gross operating margin | 9900 | €102,669 | €69,918 | -€32,751 | -31.9% |
| Operating profit (loss) | 9901 | €10,731 | €23,024 | +€12,293 | +115% |
| Financial income | 75/76B | €214 | €15 | -€199 | -93.0% |
| Recurring financial income | 75 | €214 | €15 | -€199 | -93.0% |
| Financial charges | 65/66B | €6,107 | €5,778 | -€329 | -5.4% |
| Recurring financial charges | 65 | €6,107 | €5,778 | -€329 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €4,838 | €17,261 | +€12,424 | +257% |
| Profit (loss) for the period | 9904 | €4,838 | €17,261 | +€12,424 | +257% |
| Profit (loss) for the period to be appropriated | 9905 | €4,838 | €17,261 | +€12,424 | +257% |
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 22 October 2026 via checked.be.