CHUPITO: what changed
Two fiscal 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.
CHUPITO
Largest movements
- Cash +€235,420
up €235,420 (+902.8%), from €26,076 to €261,496
mainly Current investments (+€125,000) and Net result for the year (+€115,426)
- Current investments -€125,000
no longer reported in 2025 (was €125,000)
- Tangible fixed assets -€10,426
down €10,426 (-28.1%), from €37,041 to €26,616
of which Furniture and vehicles: -€8,053
- Reserves +€88,705
up €88,705 (+56.8%), from €156,078 to €244,783
- Tax, wage and social debts +€30,586
up €30,586 (+1458.7%), from €2,097 to €32,683
- Trade debts -€21,604
down €21,604 (-99.1%), from €21,794 to €189
- Gross operating margin +€78,100
up €78,100 (+72.3%), from €107,962 to €186,062
- Taxes +€26,491
up €26,491 (+92.3%), from €28,692 to €55,183
- Depreciation +€2,477
up €2,477 (+26.4%), from €9,383 to €11,860
- Other operating charges -€2,450
down €2,450 (-60.0%), from €4,086 to €1,636
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 | €198,569 | €296,255 | +€97,687 | +49.2% |
| Fixed assets | 21/28 | €37,041 | €26,616 | -€10,426 | -28.1% |
| Tangible fixed assets | 22/27 | €37,041 | €26,616 | -€10,426 | -28.1% |
| Land and buildings | 22 | €1,063 | €946 | -€118 | -11.1% |
| Plant, machinery and equipment | 23 | €5,907 | €4,108 | -€1,799 | -30.5% |
| Furniture and vehicles | 24 | €26,584 | €18,531 | -€8,053 | -30.3% |
| Other tangible fixed assets | 26 | €3,486 | €3,030 | -€456 | -13.1% |
| Current assets | 29/58 | €161,527 | €269,640 | +€108,112 | +66.9% |
| Stocks and contracts in progress | 3 | €3,100 | €3,100 | = | 0.0% |
| Stocks | 30/36 | €3,100 | €3,100 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,104 | €3,248 | -€1,856 | -36.4% |
| Trade receivables | 40 | €308 | €763 | +€455 | +147.5% |
| Other amounts receivable | 41 | €4,796 | €2,486 | -€2,310 | -48.2% |
| Current investments | 50/53 | €125,000 | - | -€125,000 | |
| Cash at bank and in hand | 54/58 | €26,076 | €261,496 | +€235,420 | +902.8% |
| Deferred charges and accrued income | 490/1 | €2,247 | €1,795 | -€452 | -20.1% |
| Total equity and liabilities | 10/49 | €198,569 | €296,255 | +€97,687 | +49.2% |
| Equity | 10/15 | €174,678 | €263,383 | +€88,705 | +50.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €156,078 | €244,783 | +€88,705 | +56.8% |
| Distributable reserves | 133 | €156,078 | €244,783 | +€88,705 | +56.8% |
| Amounts payable | 17/49 | €23,890 | €32,872 | +€8,982 | +37.6% |
| Amounts payable within one year | 42/48 | €23,890 | €32,872 | +€8,982 | +37.6% |
| Trade debts | 44 | €21,794 | €189 | -€21,604 | -99.1% |
| Suppliers | 440/4 | €21,794 | €189 | -€21,604 | -99.1% |
| Taxes, remuneration and social security | 45 | €2,097 | €32,683 | +€30,586 | +1458.7% |
| Taxes | 450/3 | €2,097 | €32,683 | +€30,586 | +1458.7% |
| Remuneration, social security and pensions | 62 | €3,261 | €1,688 | -€1,573 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,383 | €11,860 | +€2,477 | +26.4% |
| Other operating charges | 640/8 | €4,086 | €1,636 | -€2,450 | -60.0% |
| Non-recurring operating charges | 66A | - | €3 | +€3 | |
| Gross operating margin | 9900 | €107,962 | €186,062 | +€78,100 | +72.3% |
| Operating profit (loss) | 9901 | €91,232 | €170,874 | +€79,642 | +87.3% |
| Financial income | 75/76B | €905 | €1,654 | +€749 | +82.8% |
| Recurring financial income | 75 | €905 | €1,654 | +€749 | +82.8% |
| Financial charges | 65/66B | €1,977 | €1,919 | -€58 | -2.9% |
| Recurring financial charges | 65 | €1,977 | €1,919 | -€58 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €90,160 | €170,609 | +€80,449 | +89.2% |
| Income taxes | 67/77 | €28,692 | €55,183 | +€26,491 | +92.3% |
| Profit (loss) for the period | 9904 | €61,467 | €115,426 | +€53,959 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €61,467 | €115,426 | +€53,959 | +87.8% |
Source: filed annual accounts (NBB), fiscal 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 October 2026 via checked.be.