CHUTZPAH R.E.: 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.
CHUTZPAH R.E.
Largest movements
- Tangible fixed assets -€10,811
down €10,811 (-4.5%), from €240,448 to €229,637
- Profit (loss) carried forward -€9,858
down €9,858 (-8.6%), from -€114,764 to -€124,622
- Gross operating margin -€4,831
down €4,831 (-83.1%), from €5,814 to €983
- Other operating charges -€387
no longer reported in 2026 (was €387)
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €296,199 | €283,941 | -€12,258 | -4.1% |
| Fixed assets | 21/28 | €240,448 | €229,637 | -€10,811 | -4.5% |
| Tangible fixed assets | 22/27 | €240,448 | €229,637 | -€10,811 | -4.5% |
| Land and buildings | 22 | €240,448 | €229,637 | -€10,811 | -4.5% |
| Current assets | 29/58 | €55,751 | €54,304 | -€1,447 | -2.6% |
| Amounts receivable within one year | 40/41 | €18,207 | €17,452 | -€755 | -4.1% |
| Trade receivables | 40 | €5,455 | €5,456 | +€1 | 0.0% |
| Other amounts receivable | 41 | €12,752 | €11,996 | -€756 | -5.9% |
| Cash at bank and in hand | 54/58 | €37,544 | €36,852 | -€692 | -1.8% |
| Total equity and liabilities | 10/49 | €296,199 | €283,941 | -€12,258 | -4.1% |
| Equity | 10/15 | -€114,214 | -€124,072 | -€9,858 | -8.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €50 | €50 | = | 0.0% |
| Distributable reserves | 133 | €50 | €50 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€114,764 | -€124,622 | -€9,858 | -8.6% |
| Amounts payable | 17/49 | €410,413 | €408,013 | -€2,400 | -0.6% |
| Amounts payable within one year | 42/48 | €386,213 | €386,213 | = | 0.0% |
| Other amounts payable | 47/48 | €386,213 | €386,213 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €24,200 | €21,800 | -€2,400 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,811 | €10,811 | = | 0.0% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | €5,814 | €983 | -€4,831 | -83.1% |
| Operating profit (loss) | 9901 | -€5,384 | -€9,828 | -€4,444 | -82.5% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€5,414 | -€9,858 | -€4,444 | -82.1% |
| Profit (loss) for the period | 9904 | -€5,414 | -€9,858 | -€4,444 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,414 | -€9,858 | -€4,444 | -82.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.