CHROBA: 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.
CHROBA
Largest movements
- Stocks and contracts -€404,319
down €404,319 (-32.3%), from €1.3m to €846,021
- Receivables within one year -€64,954
down €64,954 (-54.2%), from €119,795 to €54,841
of which Other amounts receivable: -€72,017
- Short-term financial debts -€612,426
down €612,426 (-51.4%), from €1.2m to €579,555
- Advances received +€320,445
new in 2025: €320,445
- Other debts -€194,538
down €194,538 (-98.4%), from €197,655 to €3,117
- Reserves +€43,767
up €43,767 (+220%), from €19,935 to €63,702
- Debts after one year -€34,000
down €34,000 (-16.2%), from €209,666 to €175,666
- Financial charges -€31,671
down €31,671 (-40.8%), from €77,616 to €45,945
- Taxes +€7,978
up €7,978 (+173%), from €4,599 to €12,578
- Gross operating margin +€6,752
up €6,752 (+6.3%), from €107,958 to €114,710
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 | €1,697,753 | €1,218,386 | -€479,367 | -28.2% |
| Fixed assets | 21/28 | €327,481 | €316,530 | -€10,952 | -3.3% |
| Tangible fixed assets | 22/27 | €327,481 | €316,530 | -€10,952 | -3.3% |
| Land and buildings | 22 | €327,481 | €316,530 | -€10,952 | -3.3% |
| Current assets | 29/58 | €1,370,271 | €901,857 | -€468,415 | -34.2% |
| Stocks and contracts in progress | 3 | €1,250,340 | €846,021 | -€404,319 | -32.3% |
| Stocks | 30/36 | €1,250,340 | €846,021 | -€404,319 | -32.3% |
| Amounts receivable within one year | 40/41 | €119,795 | €54,841 | -€64,954 | -54.2% |
| Trade receivables | 40 | €0 | €7,063 | +€7,063 | |
| Other amounts receivable | 41 | €119,795 | €47,778 | -€72,017 | -60.1% |
| Cash at bank and in hand | 54/58 | €0 | €995 | +€995 | |
| Deferred charges and accrued income | 490/1 | €136 | €0 | -€136 | -100% |
| Total equity and liabilities | 10/49 | €1,697,753 | €1,218,386 | -€479,367 | -28.2% |
| Equity | 10/15 | €58,535 | €102,302 | +€43,767 | +74.8% |
| Contributions | 10/11 | €38,600 | €38,600 | = | 0.0% |
| Reserves | 13 | €19,935 | €63,702 | +€43,767 | +220% |
| Distributable reserves | 133 | €19,935 | €63,702 | +€43,767 | +220% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €1,639,218 | €1,116,084 | -€523,134 | -31.9% |
| Amounts payable after more than one year | 17 | €209,666 | €175,666 | -€34,000 | -16.2% |
| Financial debts | 170/4 | €209,666 | €175,666 | -€34,000 | -16.2% |
| Amounts payable within one year | 42/48 | €1,427,195 | €940,418 | -€486,777 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €34,000 | €34,000 | = | 0.0% |
| Financial debts | 43 | €1,191,981 | €579,555 | -€612,426 | -51.4% |
| Credit institutions | 430/8 | €1,191,981 | €579,555 | -€612,426 | -51.4% |
| Trade debts | 44 | €917 | €43 | -€873 | -95.3% |
| Suppliers | 440/4 | €917 | €43 | -€873 | -95.3% |
| Advances received on contracts in progress | 46 | - | €320,445 | +€320,445 | |
| Taxes, remuneration and social security | 45 | €2,641 | €3,257 | +€616 | +23.3% |
| Taxes | 450/3 | €2,641 | €3,257 | +€616 | +23.3% |
| Other amounts payable | 47/48 | €197,655 | €3,117 | -€194,538 | -98.4% |
| Accrued charges and deferred income | 492/3 | €2,357 | €0 | -€2,357 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,952 | €10,952 | +€0 | 0.0% |
| Other operating charges | 640/8 | €1,841 | €2,585 | +€744 | +40.4% |
| Gross operating margin | 9900 | €107,958 | €114,710 | +€6,752 | +6.3% |
| Operating profit (loss) | 9901 | €95,165 | €101,173 | +€6,008 | +6.3% |
| Financial income | 75/76B | €849 | €1,117 | +€268 | +31.6% |
| Recurring financial income | 75 | €849 | €1,117 | +€268 | +31.6% |
| Financial charges | 65/66B | €77,616 | €45,945 | -€31,671 | -40.8% |
| Recurring financial charges | 65 | €77,616 | €45,945 | -€31,671 | -40.8% |
| Profit (loss) for the period before taxes | 9903 | €18,398 | €56,345 | +€37,947 | +206% |
| Income taxes | 67/77 | €4,599 | €12,578 | +€7,978 | +173% |
| Profit (loss) for the period | 9904 | €13,798 | €43,767 | +€29,969 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €13,798 | €43,767 | +€29,969 | +217% |
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 29 October 2026 via checked.be.