CHUSEOK CONSEIL: 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.
CHUSEOK CONSEIL
Largest movements
- Cash -€9,275
down €9,275 (-13.0%), from €71,280 to €62,006
mainly Net result for the year (-€28,269) and Contributions, distributions and other (-€10,000)
- Tangible fixed assets -€7,973
down €7,973 (-32.7%), from €24,407 to €16,433
- Receivables within one year -€3,722
down €3,722 (-21.9%), from €17,027 to €13,305
of which Other amounts receivable: -€2,906
- Reserves -€40,000
down €40,000 (-50.0%), from €80,000 to €40,000
- Other debts +€18,427
up €18,427 (+157%), from €11,768 to €30,195
- Profit (loss) carried forward +€1,731
up €1,731 (+429%), from €404 to €2,135
- Financial charges -€5,935
down €5,935 (-10.9%), from €54,405 to €48,470
- Gross operating margin +€1,019
up €1,019 (+3.7%), from €27,713 to €28,732
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 | €112,714 | €91,743 | -€20,970 | -18.6% |
| Fixed assets | 21/28 | €24,407 | €16,433 | -€7,973 | -32.7% |
| Tangible fixed assets | 22/27 | €24,407 | €16,433 | -€7,973 | -32.7% |
| Furniture and vehicles | 24 | €24,407 | €16,433 | -€7,973 | -32.7% |
| Current assets | 29/58 | €88,307 | €75,310 | -€12,997 | -14.7% |
| Amounts receivable within one year | 40/41 | €17,027 | €13,305 | -€3,722 | -21.9% |
| Trade receivables | 40 | €12,251 | €11,435 | -€817 | -6.7% |
| Other amounts receivable | 41 | €4,776 | €1,870 | -€2,906 | -60.8% |
| Cash at bank and in hand | 54/58 | €71,280 | €62,006 | -€9,275 | -13.0% |
| Total equity and liabilities | 10/49 | €112,714 | €91,743 | -€20,970 | -18.6% |
| Equity | 10/15 | €86,604 | €48,335 | -€38,269 | -44.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €80,000 | €40,000 | -€40,000 | -50.0% |
| Distributable reserves | 133 | €80,000 | €40,000 | -€40,000 | -50.0% |
| Profit (loss) carried forward | 14 | €404 | €2,135 | +€1,731 | +429% |
| Amounts payable | 17/49 | €26,110 | €43,409 | +€17,298 | +66.3% |
| Amounts payable within one year | 42/48 | €26,110 | €43,409 | +€17,298 | +66.3% |
| Trade debts | 44 | €842 | €214 | -€628 | -74.6% |
| Suppliers | 440/4 | €842 | €214 | -€628 | -74.6% |
| Taxes, remuneration and social security | 45 | €13,500 | €13,000 | -€500 | -3.7% |
| Taxes | 450/3 | €13,500 | €13,000 | -€500 | -3.7% |
| Other amounts payable | 47/48 | €11,768 | €30,195 | +€18,427 | +157% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,986 | €7,973 | -€12 | -0.2% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €27,713 | €28,732 | +€1,019 | +3.7% |
| Operating profit (loss) | 9901 | €19,442 | €20,464 | +€1,022 | +5.3% |
| Financial charges | 65/66B | €54,405 | €48,470 | -€5,935 | -10.9% |
| Recurring financial charges | 65 | €54,405 | €48,470 | -€5,935 | -10.9% |
| Profit (loss) for the period before taxes | 9903 | -€34,964 | -€28,006 | +€6,957 | +19.9% |
| Income taxes | 67/77 | €267 | €262 | -€5 | -1.8% |
| Profit (loss) for the period | 9904 | -€35,231 | -€28,269 | +€6,962 | +19.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€35,231 | -€28,269 | +€6,962 | +19.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.