Chupita: 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.
Chupita
Largest movements
- Receivables within one year +€32,854
up €32,854 (+72.4%), from €45,373 to €78,227
of which Trade receivables: +€51,660
- Cash -€6,508
down €6,508 (-87.8%), from €7,416 to €907
mainly Receivables within one year (-€32,854) and Investment in fixed assets (net) (-€27,459)
- Deferred charges and accrued income -€4,538
down €4,538 (-97.4%), from €4,658 to €120
- Trade debts +€12,682
up €12,682 (+101%), from €12,593 to €25,275
- Reserves +€9,020
up €9,020 (+11.1%), from €81,594 to €90,614
- Accrued charges and deferred income +€4,082
up €4,082 (+44.3%), from €9,212 to €13,294
- Gross operating margin -€7,769
down €7,769 (-13.3%), from €58,533 to €50,764
- Taxes -€3,497
down €3,497 (-42.1%), from €8,298 to €4,801
- Depreciation +€2,856
up €2,856 (+12.1%), from €23,664 to €26,520
- Other operating charges -€1,641
down €1,641 (-61.3%), from €2,676 to €1,035
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 | €299,813 | €322,559 | +€22,747 | +7.6% |
| Fixed assets | 21/28 | €242,366 | €243,305 | +€939 | +0.4% |
| Tangible fixed assets | 22/27 | €242,366 | €243,305 | +€939 | +0.4% |
| Land and buildings | 22 | €41,707 | €36,493 | -€5,213 | -12.5% |
| Plant, machinery and equipment | 23 | €7,402 | €8,062 | +€660 | +8.9% |
| Furniture and vehicles | 24 | €13,849 | €29,498 | +€15,649 | +113% |
| Other tangible fixed assets | 26 | €179,409 | €169,251 | -€10,158 | -5.7% |
| Current assets | 29/58 | €57,446 | €79,254 | +€21,808 | +38.0% |
| Amounts receivable within one year | 40/41 | €45,373 | €78,227 | +€32,854 | +72.4% |
| Trade receivables | 40 | €15,373 | €67,033 | +€51,660 | +336% |
| Other amounts receivable | 41 | €30,000 | €11,194 | -€18,806 | -62.7% |
| Cash at bank and in hand | 54/58 | €7,416 | €907 | -€6,508 | -87.8% |
| Deferred charges and accrued income | 490/1 | €4,658 | €120 | -€4,538 | -97.4% |
| Total equity and liabilities | 10/49 | €299,813 | €322,559 | +€22,747 | +7.6% |
| Equity | 10/15 | €100,194 | €109,214 | +€9,020 | +9.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €81,594 | €90,614 | +€9,020 | +11.1% |
| Distributable reserves | 133 | €81,594 | €90,614 | +€9,020 | +11.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €199,619 | €213,345 | +€13,726 | +6.9% |
| Amounts payable after more than one year | 17 | €145,000 | €145,000 | = | 0.0% |
| Financial debts | 170/4 | - | €120,000 | +€120,000 | |
| Other amounts payable | 178/9 | €145,000 | €25,000 | -€120,000 | -82.8% |
| Amounts payable within one year | 42/48 | €45,407 | €55,051 | +€9,644 | +21.2% |
| Trade debts | 44 | €12,593 | €25,275 | +€12,682 | +101% |
| Suppliers | 440/4 | €12,593 | €25,275 | +€12,682 | +101% |
| Advances received on contracts in progress | 46 | €2,478 | €0 | -€2,478 | -100% |
| Taxes, remuneration and social security | 45 | €8,195 | €9,585 | +€1,390 | +17.0% |
| Taxes | 450/3 | €8,195 | €9,585 | +€1,390 | +17.0% |
| Other amounts payable | 47/48 | €22,141 | €20,191 | -€1,950 | -8.8% |
| Accrued charges and deferred income | 492/3 | €9,212 | €13,294 | +€4,082 | +44.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,664 | €26,520 | +€2,856 | +12.1% |
| Other operating charges | 640/8 | €2,676 | €1,035 | -€1,641 | -61.3% |
| Gross operating margin | 9900 | €58,533 | €50,764 | -€7,769 | -13.3% |
| Operating profit (loss) | 9901 | €32,193 | €23,208 | -€8,985 | -27.9% |
| Financial income | 75/76B | €10 | €0 | -€10 | -100% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -100% |
| Financial charges | 65/66B | €2,125 | €1,887 | -€237 | -11.2% |
| Recurring financial charges | 65 | €2,125 | €1,887 | -€237 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €30,078 | €21,321 | -€8,757 | -29.1% |
| Income taxes | 67/77 | €8,298 | €4,801 | -€3,497 | -42.1% |
| Profit (loss) for the period | 9904 | €21,780 | €16,520 | -€5,260 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €21,780 | €16,520 | -€5,260 | -24.2% |
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 1 November 2026 via checked.be.