DE CHALET: 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.
DE CHALET
Largest movements
- Cash -€33,297
down €33,297 (-49.8%), from €66,836 to €33,539
mainly Investment in fixed assets (net) (-€41,463) and Net result for the year (-€16,377)
- Tangible fixed assets +€21,628
up €21,628 (+60.0%), from €36,032 to €57,660
of which Other tangible fixed assets: +€22,956
- Receivables within one year +€10,419
up €10,419 (+874.8%), from €1,191 to €11,610
of which Other amounts receivable: +€10,091
- Trade debts +€19,475
up €19,475 (+97.7%), from €19,937 to €39,412
- Reserves -€16,376
down €16,376 (-36.7%), from €44,678 to €28,302
- Other debts -€3,405
down €3,405 (-61.8%), from €5,513 to €2,108
- Tax, wage and social debts -€1,342
down €1,342 (-5.2%), from €25,865 to €24,523
of which Taxes: -€2,465
- Staff costs +€40,956
up €40,956 (+27.4%), from €149,267 to €190,223
- Gross operating margin -€36,157
down €36,157 (-15.0%), from €241,279 to €205,122
- Taxes -€19,583
no longer reported in 2025 (was €19,583)
- Financial income +€6,189
up €6,189 (+103150.0%), from €6 to €6,195
- Depreciation +€5,925
up €5,925 (+42.6%), from €13,910 to €19,835
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 | €122,266 | €120,939 | -€1,327 | -1.1% |
| Fixed assets | 21/28 | €42,940 | €64,568 | +€21,628 | +50.4% |
| Tangible fixed assets | 22/27 | €36,032 | €57,660 | +€21,628 | +60.0% |
| Plant, machinery and equipment | 23 | €25,453 | €18,049 | -€7,404 | -29.1% |
| Furniture and vehicles | 24 | €8,168 | €14,244 | +€6,076 | +74.4% |
| Other tangible fixed assets | 26 | €2,411 | €25,367 | +€22,956 | +952.1% |
| Financial fixed assets | 28 | €6,908 | €6,908 | = | 0.0% |
| Current assets | 29/58 | €79,326 | €56,371 | -€22,955 | -28.9% |
| Stocks and contracts in progress | 3 | €11,124 | €11,222 | +€98 | +0.9% |
| Stocks | 30/36 | €11,124 | €11,222 | +€98 | +0.9% |
| Amounts receivable within one year | 40/41 | €1,191 | €11,610 | +€10,419 | +874.8% |
| Trade receivables | 40 | €1,143 | €1,471 | +€328 | +28.7% |
| Other amounts receivable | 41 | €48 | €10,139 | +€10,091 | +21022.9% |
| Cash at bank and in hand | 54/58 | €66,836 | €33,539 | -€33,297 | -49.8% |
| Deferred charges and accrued income | 490/1 | €175 | - | -€175 | |
| Total equity and liabilities | 10/49 | €122,266 | €120,939 | -€1,327 | -1.1% |
| Equity | 10/15 | €69,467 | €53,091 | -€16,376 | -23.6% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €44,678 | €28,302 | -€16,376 | -36.7% |
| Distributable reserves | 133 | €44,678 | €28,302 | -€16,376 | -36.7% |
| Amounts payable | 17/49 | €52,799 | €67,848 | +€15,049 | +28.5% |
| Amounts payable within one year | 42/48 | €51,315 | €66,043 | +€14,728 | +28.7% |
| Trade debts | 44 | €19,937 | €39,412 | +€19,475 | +97.7% |
| Suppliers | 440/4 | €19,937 | €39,412 | +€19,475 | +97.7% |
| Taxes, remuneration and social security | 45 | €25,865 | €24,523 | -€1,342 | -5.2% |
| Taxes | 450/3 | €21,690 | €19,225 | -€2,465 | -11.4% |
| Remuneration and social security | 454/9 | €4,175 | €5,298 | +€1,123 | +26.9% |
| Other amounts payable | 47/48 | €5,513 | €2,108 | -€3,405 | -61.8% |
| Accrued charges and deferred income | 492/3 | €1,484 | €1,805 | +€321 | +21.6% |
| Remuneration, social security and pensions | 62 | €149,267 | €190,223 | +€40,956 | +27.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,910 | €19,835 | +€5,925 | +42.6% |
| Other operating charges | 640/8 | €12,271 | €15,149 | +€2,878 | +23.5% |
| Gross operating margin | 9900 | €241,279 | €205,122 | -€36,157 | -15.0% |
| Operating profit (loss) | 9901 | €65,831 | -€20,085 | -€85,916 | |
| Financial income | 75/76B | €6 | €6,195 | +€6,189 | +103150.0% |
| Recurring financial income | 75 | €6 | €6,195 | +€6,189 | +103150.0% |
| Financial charges | 65/66B | €2,231 | €2,487 | +€256 | +11.5% |
| Recurring financial charges | 65 | €2,231 | €2,487 | +€256 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €63,606 | -€16,377 | -€79,983 | |
| Income taxes | 67/77 | €19,583 | - | -€19,583 | |
| Profit (loss) for the period | 9904 | €44,023 | -€16,377 | -€60,400 | |
| Profit (loss) for the period to be appropriated | 9905 | €44,023 | -€16,377 | -€60,400 |
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 5 October 2026 via checked.be.