CN CHAUFFAGE: 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.
CN CHAUFFAGE
Largest movements
- Cash -€19,491
down €19,491 (-64.1%), from €30,403 to €10,912
mainly Accrued charges and deferred income (-€42,264) and Investment in fixed assets (net) (-€2,700)
- Receivables within one year -€8,743
down €8,743 (-20.2%), from €43,372 to €34,629
of which Trade receivables: -€17,595
- Stocks and contracts -€6,588
no longer reported in 2025 (was €6,588)
- Tangible fixed assets -€2,515
down €2,515 (-16.6%), from €15,181 to €12,666
of which Furniture and vehicles: -€4,364
- Accrued charges and deferred income -€42,264
no longer reported in 2025 (was €42,264)
- Trade debts +€2,915
up €2,915 (+580%), from €503 to €3,417
- Tax, wage and social debts +€2,644
up €2,644 (+21.0%), from €12,568 to €15,212
of which Remuneration and social security: +€14,177
- Gross operating margin -€29,383
down €29,383 (-59.0%), from €49,841 to €20,458
- Taxes -€11,341
down €11,341 (-91.6%), from €12,377 to €1,036
- Staff costs +€10,326
new in 2025: €10,326
- Depreciation +€4,431
up €4,431 (+565%), from €784 to €5,215
- Other operating charges +€1,549
up €1,549 (+145%), from €1,071 to €2,620
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 | €95,544 | €59,057 | -€36,488 | -38.2% |
| Fixed assets | 21/28 | €15,181 | €12,666 | -€2,515 | -16.6% |
| Tangible fixed assets | 22/27 | €15,181 | €12,666 | -€2,515 | -16.6% |
| Land and buildings | 22 | - | €2,700 | +€2,700 | |
| Plant, machinery and equipment | 23 | €2,190 | €1,339 | -€851 | -38.8% |
| Furniture and vehicles | 24 | €12,991 | €8,627 | -€4,364 | -33.6% |
| Current assets | 29/58 | €80,364 | €46,391 | -€33,973 | -42.3% |
| Stocks and contracts in progress | 3 | €6,588 | - | -€6,588 | |
| Stocks | 30/36 | €6,588 | - | -€6,588 | |
| Amounts receivable within one year | 40/41 | €43,372 | €34,629 | -€8,743 | -20.2% |
| Trade receivables | 40 | €36,272 | €18,677 | -€17,595 | -48.5% |
| Other amounts receivable | 41 | €7,101 | €15,952 | +€8,852 | +125% |
| Cash at bank and in hand | 54/58 | €30,403 | €10,912 | -€19,491 | -64.1% |
| Deferred charges and accrued income | 490/1 | - | €850 | +€850 | |
| Total equity and liabilities | 10/49 | €95,544 | €59,057 | -€36,488 | -38.2% |
| Equity | 10/15 | €39,989 | €40,427 | +€438 | +1.1% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,489 | €35,927 | +€438 | +1.2% |
| Amounts payable | 17/49 | €55,556 | €18,630 | -€36,926 | -66.5% |
| Amounts payable within one year | 42/48 | €13,292 | €18,630 | +€5,338 | +40.2% |
| Trade debts | 44 | €503 | €3,417 | +€2,915 | +580% |
| Suppliers | 440/4 | €503 | €3,417 | +€2,915 | +580% |
| Taxes, remuneration and social security | 45 | €12,568 | €15,212 | +€2,644 | +21.0% |
| Taxes | 450/3 | €12,568 | €1,036 | -€11,533 | -91.8% |
| Remuneration and social security | 454/9 | - | €14,177 | +€14,177 | |
| Other amounts payable | 47/48 | €221 | - | -€221 | |
| Accrued charges and deferred income | 492/3 | €42,264 | - | -€42,264 | |
| Remuneration, social security and pensions | 62 | - | €10,326 | +€10,326 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €784 | €5,215 | +€4,431 | +565% |
| Other operating charges | 640/8 | €1,071 | €2,620 | +€1,549 | +145% |
| Gross operating margin | 9900 | €49,841 | €20,458 | -€29,383 | -59.0% |
| Operating profit (loss) | 9901 | €47,986 | €2,298 | -€45,689 | -95.2% |
| Financial income | 75/76B | €37 | €223 | +€186 | +497% |
| Recurring financial income | 75 | €37 | €223 | +€186 | +497% |
| Financial charges | 65/66B | €158 | €1,047 | +€889 | +562% |
| Recurring financial charges | 65 | €158 | €1,047 | +€889 | +562% |
| Profit (loss) for the period before taxes | 9903 | €47,866 | €1,474 | -€46,392 | -96.9% |
| Income taxes | 67/77 | €12,377 | €1,036 | -€11,341 | -91.6% |
| Profit (loss) for the period | 9904 | €35,489 | €438 | -€35,050 | -98.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,489 | €438 | -€35,050 | -98.8% |
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.