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 +€76,278
up €76,278 (+143.3%), from €53,241 to €129,519
mainly Debts after one year (+€160,000) and Depreciation (+€59,406)
- Tangible fixed assets +€55,860
up €55,860 (+21.3%), from €262,818 to €318,678
of which Land and buildings: +€135,895
- Intangible fixed assets -€15,671
down €15,671 (-25.0%), from €62,683 to €47,012
- Debts after one year +€160,000
up €160,000 (+320.0%), from €50,000 to €210,000
- Reserves -€54,000
down €54,000 (-25.5%), from €211,860 to €157,860
of which Distributable reserves: -€54,000
- Gross operating margin +€10,647
up €10,647 (+8.3%), from €127,909 to €138,556
- Depreciation +€7,331
up €7,331 (+14.1%), from €52,075 to €59,406
- Financial charges +€5,891
up €5,891 (+111.5%), from €5,286 to €11,177
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 | €396,919 | €512,877 | +€115,958 | +29.2% |
| Fixed assets | 21/28 | €327,038 | €367,227 | +€40,189 | +12.3% |
| Intangible fixed assets | 21 | €62,683 | €47,012 | -€15,671 | -25.0% |
| Tangible fixed assets | 22/27 | €262,818 | €318,678 | +€55,860 | +21.3% |
| Land and buildings | 22 | €120,131 | €256,026 | +€135,895 | +113.1% |
| Plant, machinery and equipment | 23 | €59,865 | €46,743 | -€13,122 | -21.9% |
| Furniture and vehicles | 24 | €13,822 | €15,909 | +€2,087 | +15.1% |
| Assets under construction and advance payments | 27 | €69,000 | - | -€69,000 | |
| Financial fixed assets | 28 | €1,537 | €1,537 | = | 0.0% |
| Current assets | 29/58 | €69,881 | €145,650 | +€75,769 | +108.4% |
| Stocks and contracts in progress | 3 | €3,936 | €3,610 | -€326 | -8.3% |
| Stocks | 30/36 | €3,936 | €3,610 | -€326 | -8.3% |
| Amounts receivable within one year | 40/41 | €11,064 | €9,742 | -€1,322 | -11.9% |
| Trade receivables | 40 | €7,725 | €2,502 | -€5,223 | -67.6% |
| Other amounts receivable | 41 | €3,339 | €7,241 | +€3,902 | +116.8% |
| Cash at bank and in hand | 54/58 | €53,241 | €129,519 | +€76,278 | +143.3% |
| Deferred charges and accrued income | 490/1 | €1,640 | €2,778 | +€1,138 | +69.4% |
| Total equity and liabilities | 10/49 | €396,919 | €512,877 | +€115,958 | +29.2% |
| Equity | 10/15 | €303,334 | €251,709 | -€51,626 | -17.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €211,860 | €157,860 | -€54,000 | -25.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €210,000 | €156,000 | -€54,000 | -25.7% |
| Profit (loss) carried forward | 14 | €81,474 | €83,849 | +€2,374 | +2.9% |
| Amounts payable | 17/49 | €93,585 | €261,168 | +€167,584 | +179.1% |
| Amounts payable after more than one year | 17 | €50,000 | €210,000 | +€160,000 | +320.0% |
| Other amounts payable | 178/9 | €50,000 | €210,000 | +€160,000 | +320.0% |
| Amounts payable within one year | 42/48 | €43,585 | €51,168 | +€7,584 | +17.4% |
| Financial debts | 43 | €159 | €689 | +€530 | +334.4% |
| Credit institutions | 430/8 | €159 | €689 | +€530 | +334.4% |
| Trade debts | 44 | €20,767 | €25,575 | +€4,807 | +23.1% |
| Suppliers | 440/4 | €20,767 | €25,575 | +€4,807 | +23.1% |
| Taxes, remuneration and social security | 45 | €18,635 | €22,490 | +€3,856 | +20.7% |
| Taxes | 450/3 | €8,699 | €12,202 | +€3,503 | +40.3% |
| Remuneration and social security | 454/9 | €9,936 | €10,289 | +€353 | +3.6% |
| Other amounts payable | 47/48 | €4,024 | €2,414 | -€1,610 | -40.0% |
| Remuneration, social security and pensions | 62 | €45,160 | €45,130 | -€30 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,075 | €59,406 | +€7,331 | +14.1% |
| Other operating charges | 640/8 | €3,771 | €3,901 | +€130 | +3.4% |
| Gross operating margin | 9900 | €127,909 | €138,556 | +€10,647 | +8.3% |
| Operating profit (loss) | 9901 | €26,903 | €30,120 | +€3,216 | +12.0% |
| Financial income | 75/76B | €777 | - | -€777 | |
| Recurring financial income | 75 | €777 | - | -€777 | |
| Financial charges | 65/66B | €5,286 | €11,177 | +€5,891 | +111.5% |
| Recurring financial charges | 65 | €5,286 | €11,177 | +€5,891 | +111.5% |
| Profit (loss) for the period before taxes | 9903 | €22,395 | €18,943 | -€3,452 | -15.4% |
| Income taxes | 67/77 | €6,721 | €6,568 | -€153 | -2.3% |
| Profit (loss) for the period | 9904 | €15,674 | €12,374 | -€3,300 | -21.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,674 | €12,374 | -€3,300 | -21.1% |
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 8 October 2026 via checked.be.