CHRISMAR: 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.
CHRISMAR
Largest movements
- Cash +€407,818
up €407,818 (+209.6%), from €194,581 to €602,400
mainly Current investments (+€398,354) and Receivables within one year (+€10,485)
- Current investments -€398,354
down €398,354 (-53.2%), from €748,836 to €350,482
- Reserves -€14,666
down €14,666 (-1.3%), from €1.1m to €1.1m
of which Distributable reserves: -€14,666
- Financial income -€10,169
down €10,169 (-46.8%), from €21,722 to €11,553
- Gross operating margin +€1,339
up €1,339 (+9.6%), from -€13,895 to -€12,556
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 | €1,200,918 | €1,188,902 | -€12,016 | -1.0% |
| Fixed assets | 21/28 | €12,571 | €2,579 | -€9,992 | -79.5% |
| Tangible fixed assets | 22/27 | €12,571 | €2,579 | -€9,992 | -79.5% |
| Furniture and vehicles | 24 | €12,571 | €2,579 | -€9,992 | -79.5% |
| Current assets | 29/58 | €1,188,346 | €1,186,323 | -€2,023 | -0.2% |
| Amounts receivable after more than one year | 29 | €150,000 | €150,000 | = | 0.0% |
| Other amounts receivable | 291 | €150,000 | €150,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €88,197 | €77,712 | -€10,485 | -11.9% |
| Other amounts receivable | 41 | €88,197 | €77,712 | -€10,485 | -11.9% |
| Current investments | 50/53 | €748,836 | €350,482 | -€398,354 | -53.2% |
| Cash at bank and in hand | 54/58 | €194,581 | €602,400 | +€407,818 | +209.6% |
| Deferred charges and accrued income | 490/1 | €6,733 | €5,729 | -€1,003 | -14.9% |
| Total equity and liabilities | 10/49 | €1,200,918 | €1,188,902 | -€12,016 | -1.0% |
| Equity | 10/15 | €1,182,251 | €1,167,585 | -€14,666 | -1.2% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,500 | €62,500 | = | 0.0% |
| Reserves | 13 | €1,119,751 | €1,105,085 | -€14,666 | -1.3% |
| Non-distributable reserves | 130/1 | €6,250 | €6,250 | = | 0.0% |
| Legal reserve | 130 | €6,250 | €6,250 | = | 0.0% |
| Distributable reserves | 133 | €1,113,501 | €1,098,835 | -€14,666 | -1.3% |
| Amounts payable | 17/49 | €18,667 | €21,318 | +€2,651 | +14.2% |
| Amounts payable within one year | 42/48 | €17,332 | €20,077 | +€2,745 | +15.8% |
| Trade debts | 44 | €349 | €924 | +€575 | +164.7% |
| Suppliers | 440/4 | €349 | €924 | +€575 | +164.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €16,983 | €19,152 | +€2,170 | +12.8% |
| Accrued charges and deferred income | 492/3 | €1,335 | €1,241 | -€94 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,992 | €9,992 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,634 | €1,659 | +€26 | +1.6% |
| Gross operating margin | 9900 | -€13,895 | -€12,556 | +€1,339 | +9.6% |
| Operating profit (loss) | 9901 | -€25,520 | -€24,207 | +€1,313 | +5.1% |
| Financial income | 75/76B | €21,722 | €11,553 | -€10,169 | -46.8% |
| Recurring financial income | 75 | €21,722 | €11,553 | -€10,169 | -46.8% |
| Financial charges | 65/66B | €1,584 | €1,662 | +€77 | +4.9% |
| Recurring financial charges | 65 | €1,584 | €1,662 | +€77 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,383 | -€14,316 | -€8,933 | -166.0% |
| Income taxes | 67/77 | €358 | €350 | -€7 | -2.0% |
| Profit (loss) for the period | 9904 | -€5,740 | -€14,666 | -€8,926 | -155.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,740 | -€14,666 | -€8,926 | -155.5% |
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 10 October 2026 via checked.be.